Mahindra Holiday’s CFO Sujit Vaidya resigns
Sujit Vaidya, a seasoned Chartered Accountant with over 30 years of industry experience, will step down as Chief Financial Officer (CFO) of Mahindra Holiday Resorts Limited on May 31, 2023.
Ashish Dubey takes over the role of CS at Lumax Auto Tech
Starting from May 27, 2023, Ashish Dubey, the Chief Financial Officer at Lumax Auto Technologies Limited takes over as the Company Secretary & Compliance Officer.
Maharashtra Seamless ltd appoints Anuj Kumar Jaiswal as CFO
Starting from June 1, 2023, Anuj Kumar Jaiswal will take over as the Chief Financial Officer and Whole-time Key Managerial Personnel at Maharashtra Seamless Limited.
Supriya Bhatnagar resigns as ID from Indiabulls Real Estate
Supriya Bhatnagar has stepped down from her role as an Independent Director at Indiabulls Real Estate Limited, as of May 26, 2023.
Lakshmi Kantam ceases from the board of Indo Amines Ltd
Lakshmi KantamMannepalli has concluded her tenure as an Independent Director at Indo Amines Limited effective end of business hours on May 25, 2023.
Illumina Chairman Removed in Proxy Battle with Carl Icahn
Illumina, the world's largest gene sequencing company, has witnessed a significant shakeup in its leadership following a proxy battle led by veteran activist investor Carl Icahn.
Credit Suisse ordered to pay $926M to ex-Georgian prime minister
In a significant legal blow to Credit Suisse, the bank has been ordered by a Singapore court to pay $926 million to Bidzina Ivanishvili, the former prime minister of Georgia.
Second Major Exit in a Week: WeWork CFO Resigns
WeWork's CFO, Andre Fernandez, is set to resign on June 1, according to an announcement by the company. Fernandez's departure comes less than a year after assuming the role and follows the recent exit of WeWork's CEO, Sandeep Mathrani.
Is Linda Yaccarino Facing Glass Cliff Challenge at Twitter?
Twitter's CEO, Linda Yaccarino, has stepped into a high-stakes role at the social media giant. An article published in American magazine “Wired” recentlymarked her as the latest victim of the glass cliff phenomenon.
R. Dinesh of TVS appointed CII President
During a meeting on May 25, the national council of the Confederation of Indian Industry (CII) elected new office-bearers for the fiscal year 2023-24. R. Dinesh, the Executive Vice-Chairman of TVS Supply Chain Solutions, has been appointed as the President of CII for 2023-24, taking over from Sanjiv