KPMG Under Investigation Over Audits of Prax’s State Oil
The UK’s Financial Reporting Council (FRC) has opened an investigation into KPMG’s audits and financing arrangements of State Oil Limited, part of the collapsed Prax Group.
Divesh Sehara Appointed as Director of Punjab National Bank
Punjab National Bank Limited has nominated Divesh Sehara as a Director on its Board with immediate effect and until further orders. He succeeds D. Anandan.
Kotak Mahindra Bank’s Group President & Head – Commercial Bank Manish Kothari Resigns
Manish Kothari, Group President and Head – Commercial Bank and a Senior Management Personnel of Kotak Mahindra Bank Limited has tendered his resignation from the services of the Bank with effect from September 30, 2026.
Hindustan Aeronautics Appoints Dr. Nikhil Agarwal As Part Time Non-Official Independent Director
The Board of Directors of Hindustan Aeronautics Limited has approved the appointment of Dr. Nikhil Agarwal as Additional Director designated as Part –Time Non-Official (Independent) Director of the company for a period of three years w.e.f. September 9, 2026.
Thomas Cook (India) Reappoints Sumit Maheshwari As Non-Executive Director
The members of Thomas Cook (India) Limited on September 10, 2026, have approved the re-appointment of Sumit Maheshwari as a Non-Executive Director.
HDFC Bank Wins Seven Bahrain Cases Over Credit Suisse AT1 Bond Claims
HDFC Bank Limited has secured favourable judgments in seven cases filed by investors over Credit Suisse Additional Tier 1 (CS AT1) Bonds purchased through the Bank.
Venkata Rama Subbu Behara Resigns As Independent Director Of DCM Shriram Fine Chemicals
Venkata Rama Subbu Behara has tendered his resignation as an Independent Director of DCM Shriram Fine Chemicals Limited with effect from September 8, 2026.
Sumit Sachdeva Resigns As Head – Large Corporate Relationships
Sumit Sachdeva has resigned from his position as Head – Large Corporate Relationships of Bank of Baroda Limited , with effect from September 9, 2026.
Tata Capital Appoints Mandar Joshi As Head – Treasury by replacing Kiran Joshi
The Board of Directors of Tata Capital Limited has approved the appointment of Mandar Joshi as the Head - Treasury (Senior Management Personnel), to succeed Kiran Joshi, with effect from October 1, 2026.
Badri Beriwal Resigns as Chief Strategy & Business Development Officer of Bata India
Badri Beriwal has resigned as Chief Strategy & Business Development Officer and Senior Management Personnel of Bata India Limited, to pursue opportunities outside the company.
