RBI directs Bajaj Finance to cease lending through ‘eCOM’ and ‘Insta EMI Card’
The banking sector regulator, the Reserve Bank of India (RBI), has taken action under Section 45L(1)(b) of the RBI Act of 1934 and mentioned that Bajaj Finace Limited must follow their instructions with “immediate effect".
Four Companies Fined For Delay In Appointing Female Directors
The Ministry of Corporate Affairs (MCA) recently fined four companies within the last two months for not appointing female directors within the required time frames according to the Companies (Appointment and Qualification of Directors) rules.
NFRA Is Joining IFIAR To Enhances Global Audit Oversight
In a noteworthy development, India's National Financial Reporting Authority (NFRA), an independent audit regulator, has officially joined the International Forum of Independent Audit Regulators (IFIAR), as reported on NFRA's LinkedIn page.
Swayantani Ghosh Appointed Chief Sustainability & CSR Officer of Mahindra Logistics
The Board of Directors of Mahindra Logistics Limited has approved the appointment of Swayantani Ghosh as Chief Sustainability and CSR Officer and Senior Management Personnel with effect from November 16, 2023.
Jeevaraj Gopal Pillai Appointed Whole Time Director Of Uflex
The Board of Uflex Limited has approved the appointment of Jeevaraj Gopal Pillai as Board Director – Sustainability, for a period of 5 years, subject to the approval of the shareholders.
Manappuram Finance Appoints New Vertical Heads
The Board of Directors of Manappuram Finance Limited has approved several changes at the senior management level.
Rajendra Srivastava And Rajiv Nabar Appointed Directors Of Solara Active Pharma
Solara Active Pharma Science Limited's Board has appointed Rajendra Kumar Srivastava as an Additional Non-Executive Independent Director and Rajiv Vijay Nabar as an Additional Non-Executive Non-Independent Director, with effect from November 14, 2023.
Nitin Gupta Resigns As President, Manufacturing Of PC Jeweller
Nitin Gupta has resigned from the post of President (Manufacturing) of PC Jeweller Limited, with effect from November 14, 2023.
Yoginder Chugh, Mamraj Agarwal Retired As Independent Directors Of Prakash Industries
Yoginder Nath Chugh and Mamraj Agarwal, Independent Directors of Prakash Industries Limited, have completed their second term and consequently ceased to be Directors of the company with effect from November 13, 2023.
Sachin Sharma, National Sales Head-Higher Education Quits S Chand & Co
Sachin Sharma, National Sales Head, Higher Education, of S Chand And Company Limited, gave his resignation on November 10, 2023, from the company with effect from December 25, 2023. It is reported that he is moving for better career opportunities. The Board of Directors of the company has accepted