SAT Quashes SEBI Penalties On Nusli Wadia, Jehangir Wadia & Ness Wadia
The Securities Appellate Tribunal (SAT) has set aside the Securities and Exchange Board of India’s (SEBI) order barring Bombay Dyeing & Manufacturing Co. and its promoters, Nusli Wadia, Ness Wadia, and Jehangir Wadia, from the securities market for two years.
CEO & MD Turnover Rises Across India Inc. In 2025
India Inc. experienced a rise in leadership exits in 2025, according to data compiled by primeinfobase.com for ET.
Oberoi Hotels MD Natasha Oberoi’s Request To Halt Board Resolution Denied By Delhi HC
The Delhi High Court rejected a petition by Natasha Oberoi, Managing Director of Oberoi Hotels, seeking to stay the board resolution passed on June 6, 2025.
David Guggina Appointed As CEO Of Walmart U.S.
Walmart Inc. has appointed David Guggina as President and Chief Executive Officer (CEO) of Walmart U.S., following a broader executive reshuffle triggered by John Furner’s move to President and CEO of Walmart Inc. on February 1, 2026.
Elon Musk Files Claim Seeking Up To USD 134 Billion From OpenAI & Microsoft
Elon Musk has asked a court to award damages ranging from USD 79 billion to USD 134 billion from OpenAI Inc. and Microsoft, according to a filing submitted on Friday.
US Regulator FTC Investigates Acqui-Hires By Major Tech Firms
The U.S. Federal Trade Commission (FTC) is reviewing a growing trend in the tech industry where large companies hire startup employees without buying the company, Bloomberg News reported.
Russell McGranahan Appointed As General Counsel Of SEC
The Securities and Exchange Commission (SEC) has appointed Russell McGranahan as its General Counsel, succeeding Jeffrey Finnell, who served in an acting capacity.
US Lawmakers Delay Crypto Bill Amid Coinbase CEO Brian Armstrong’s Concerns
A U.S. Senate committee postponed a scheduled debate on a bill to create a regulatory framework for cryptocurrencies after Coinbase Chief Executive Officer (CEO) Brian Armstrong said the company would not support the measure.
SEBI Gets Government Nod To Ease Public Shareholding Rules For Large Listings
The Ministry of Finance has approved the Securities and Exchange Board of India’s (SEBI) proposal to relax minimum public shareholding norms for large companies planning domestic listings.
Walmart International CEO Kathryn McLay Set To Step Down
Kathryn McLay, Chief Executive Officer (CEO) of Walmart International, will step down from her position, effective January 31, 2026, after leading the division for two and a half years.
