McDonald’s Reaches Settlement with Byron Allen Over USD 10 Billion Racial Bias Lawsuit
McDonald’s has settled with media entrepreneur Byron Allen, ending a USD 10 billion lawsuit that accused the fast-food giant of racial bias by largely excluding Black-owned media from its advertising budget.
P&G Names Craig Arnold To It’s Board of Directors
The Procter & Gamble Company has appointed Craig Arnold, ex-Chairman and Chief Executive Officer (CEO) of Eaton Corporation, to its Board of Directors, effective June 9, 2025.
Schneider Electric Appoints Esther Finidori As Chief Sustainability Officer, Another CSO Appointment In-2025
Schneider Electric has appointed Esther Finidori as its new Chief Sustainability Officer (CSO), effective June 1, marking the company’s second CSO transition this year.
UK Financial Watchdog Teams Up with Nvidia to Boost AI Innovation
Later this year, financial firms in the UK will get a chance to test artificial intelligence tools in a special, controlled setup known as a ‘sandbox,’ launched by the Financial Conduct Authority (FCA).
UK Delays AI Rules In Favour Of Comprehensive Legislation
The UK government has delayed its initial AI regulation plans, opting instead for a comprehensive bill to be introduced in the next parliamentary session, likely after May 2026.
Rakesh Jha Reappointed As Executive Director Of ICICI Bank
The Reserve Bank of India (RBI) has approved the reappointment of Rakesh Jha as Executive Director of ICICI Bank Limited, effective September 2, 2025.
Raviprakash Bhagavathula To Step Down As Head Of Strategic Initiatives Of TVS Supply Chain Solutions
Raviprakash Bhagavathula, Head of Strategic Initiatives and Senior Management Personnel of TVS Supply Chain Solutions Limited, has resigned, and he will be relieved from the duties with effect from June 16, 2025.
Sudershan Mendiratta Replaces Vinod Tripathi & Ashwini Kumar As Government Nominee Director Of MSTC
Sudershan Mendiratta, Joint Secretary at the Ministry of Steel, has been appointed as Government Nominee Director on the Board of Directors of MSTC Limited, from the date of allotment of Director Identification Number (DIN) to her.
K. Ramachandran Joins Tamilnad Mercantile Bank As Independent Director
K. Ramachandran has been appointed as Non-Executive Independent Director (Additional Director) of Tamilnad Mercantile Bank Limited, with effect from June 12, 2025, subject to the approval of the shareholders.
RBI Approves Pralay Mondal’s Reappointment As MD & CEO Of CSB Bank
CSB Bank Limited announced that the Reserve Bank of India (RBI) has approved the reappointment of Pralay Mondal as its Managing Director and Chief Executive Officer (MD & CEO), effective September 15, 2025.
