The RBI sends MD of PFS on indefinite leave
The RBI has ordered the MD of PTC India Financial Services the banking arm of PTC India to be placed on permanent leave till his retirement in October.
Hasmukh Adhia appointed Chairman of Gujarat Alkalies and GMDC
The Gujarat Alkalies& Chemicals Ltd and Gujarat Mineral Development Corp Ltd (GMDC) have told the exchanges that Hasmukh Adhia, a former Union finance secretary and retired civil servant from the Gujarat cadre, has been chosen as chairman. Adhia follows Raj Kumar as CEO of Gujarat Alkalies
Madhivanan Balakrishnan joins IDFC First Bank’s Board
IDFC First Bank Ltd appoints Madhivanan Balakrishnan as the whole time Director on 21st June 2023.
Fraudulent claims of eco-friendliness by brands are being investigated
The Advertising Standards Council of India (ASCI) and the Department of Consumer Affairs are collaborating to form a task force to combat greenwashing or false pro-environment claims made by brands in a variety of industries, including fast fashion, air conditioners, cars, foods, cosmetics, and fuel
ESAB India Ltd appointed B Mohan as Additional Director
B Mohan is appointed as the Additional Director of ESAB India Ltd on 20th June 2023
UCAL Fuel Systems Ltd appoints M. Manikandan as new CFO
Manikandan has been appointed as the new Chief Financial Officer of UCAL Fuel Systems Ltd on 20th June 2023.
VrindaSarup appointed Independent Director of SIS Group
SIS Group has announced the appointment of VrindaSarup as an Additional Director in the category of Independent Director of the Company for a two-year term beginning June 20, 2023, subject to shareholder approval, according to an exchange filing
CSB Bank appoints Biswamohan Mahapatra as Independent Director
Biswamohan Mahapatra appointed as an Additional Director (Non Executive& Independent) at CSB Bank effective today.
Can Fin Homes appoints Ajay Kumar Singh as Deputy MD
Housing finance company CanFin Homes has appointed Ajay Kumar Singh as the Deputy Managing Director of the company with effect from June 19th, 2023.
The MCA will step up its war on shell companies
The Ministry of Corporate Affairs (MCA) is planning to strengthen its crackdown on non-functional or shell companies, as it has already taken action against hundreds of thousands of such firms that are often used for illicit purposes such as money laundering.
