UK Cloud Computing Giants Amazon and Microsoft Face CMA Investigation Over Lack of Competition
In a significant development, the UK's cloud computing sector is under scrutiny as media regulator Ofcom raises concerns over the overwhelming dominance of Amazon and Microsoft.
Delta is set to pay millions to settle a lawsuit for refusing refunds during COVID
Delta Air Lines will pay around $27 million to settle a lawsuit. The lawsuit was from customers who were upset because Delta didn't give them their money back for flights they cancelled at the beginning of the COVID-19 pandemic.
S.V. Subramanyam Appointed as GM – MTP at HMT
S.V. Subramanyam, GM (MTP) at HMT Machine Tools Limited, has been given the additional charge of managing licencing activities for HMT ABD, Pinjore, which is part of HMT Limited.
Sunny Sharma Resigns as the CFO of Kernex Microsystems
Sunny Sharma, the Chief Financial Officer and Key Managerial Personnel at Kernex Microsystems (India) Limited, has resigned with effect from October 6, 2023.
Anuj Garg Resigns as Jt. Head – Research of Great Eastern Shipping
Anuj Garg resigned from the post of Joint Head – Research of Great Eastern Shipping Co. Ltd. with effect from October 06, 2023.
Sanjay Asher fails to get shareholders approval for a second term on IndusInd Board
Sanjay Asher's reappointment as a 'Non-Executive Independent Director' of the Indusind Bank for a second consecutive 4 years term was not approved by the Bank Members.
SBI Chairman Dinesh Kumar Khara Receives Extension Till 2024
The government has granted an extension to State Bank of India Chairman Dinesh Kumar Khara by ten months, while MD Ashwini Tiwari’s tenure has been extended by two years.
P.D. Sharma Ceased to be VP – Commercial of Kanoria Chemicals & Industries
P.D. Sharma, Vice President - Commercial, has retired from Kanoria Chemicals & Industries Limited with effect from October 7, 2023.
Soumyajit Mukherjee Resigned as Joint President – Marketing of Emami Paper Mills
Soumyajit Mukherjee, the Joint President in charge of Sales and Marketing and a senior leader of Emami Paper Mills, has resigned from his position with effect from September 30, 2023.
Arindam Sarkar Resigns as Non-Executive Independent Director of Saregama India
Arindam Sarkar has resigned as a Non-Executive Independent Director of Saregama India Limited's Board with immediate effect because of personal reasons and other commitments.