U.K.’s Financial Reporting Council Seeks Wider Enforcement Powers
The Financial Reporting Council (FRC) has asked for wider powers to investigate and take enforcement action against company directors for financial reporting and governance failures.
PayPal To Waive USD 30 Million In Fees Under DOJ Settlement
PayPal has agreed to waive about USD 30 million in transaction processing fees to settle a probe by the United States Department of Justice into a 2020 investment programme aimed at minority-owned businesses.
Natarajan Srinivasan Appointed As Non-Executive Chairman Of HDB Financial Services; Jimmy M. Tata Reappointed As Non-Independent Director
HDB Financial Services Limited has appointed Natarajan Srinivasan as Non-Executive Chairman and Additional Independent Director for a three-year term from May 14, 2026.
Fiona Jane Mary Paulus To Continue As Independent Director Of JSW Steel For Another Five-Year Term
Fiona Jane Mary Paulus, aged 66, has been reappointed as an Independent Director of JSW Steel Limited, effective May 27, 2027.
Sitaram Kandi Set to Succeed Anjali Byce As CHRO Of Tata Motors Passenger Vehicles
Sitaram Kandi has been appointed as Chief Human Resources Officer and Senior Management Personnel (CHRO & SMP) of Tata Motors Passenger Vehicles Limited (formerly Tata Motors Limited), w.e.f. July 1, 2026.
Vikram Mohan Succeeds Vanitha Mohan As Chairman Of Pricol
Vikram Mohan, son of outgoing Chairperson Vanitha Mohan, has been appointed as the Chairman of the Board of Directors of Pricol Limited, with effect from May 14, 2026.
Sheela Foam Reappoints Rahul Gautam As CMD, Namita Gautam As Whole-Time Director, And Tushaar Gautam As Vice Chairman & Joint MD
Rahul Gautam has been reappointed as Chairman and Managing Director (CMD) of Sheela Foam Limited.
Jayesh Ravjibhai Patel To Step Down As Company Secretary Of Meghmani Organics
Jayesh Ravjibhai Patel has resigned from the post of Company Secretary and Compliance Officer of Meghmani Organics Limited due to personal reasons, effective May 23, 2026.
Akash Ambani Appointed Managing Director Of Jio Platforms
Akash Ambani has been appointed Managing Director (MD) of Jio Platforms for a period of five years, with effect from April 9, 2026, subject to shareholder approval.
Founder Sunil B. Mittal Reappointed As Chairman Of Bharti Airtel; Nisaba Godrej Reappointed As Independent Director
Bharti Airtel has reappointed Founder Sunil Bharti Mittal as Chairman of the Board for another five-year term, effective October 1, 2026.
