Freecharge appoints Mohit Jain as Managing Director
Freecharge Payment Technologies Pvt. Ltd. has appointed Mohit Jain as their new Managing Director, replacing Siddharth Mehta who served for almost four years. Jain’s appointment took effect this month. With over 17 years of experience working for Axis Bank, where he served as Executive Vice Pr
Amit Kumar Gupta appointed as Group CFO at Sheela Foam Ltd
Sheela Foam Ltd is set to appoint Amit Kumar Gupta as their Group CFO. Gupta, 50, holds a PGDBM in Finance from SGRRITS, Dehradun, and an LLB in Mercantile Law from HNB Garhwal University. He has amassed 25 years of extensive experience across numerous markets, both domestic and international. Gupta
Ajay Banga confirmed as the next World Bank President
Ajay Banga has been confirmed as the next President of the World Bank, succeeding David Malpass. The appointment comes at a time when the bank is looking to reshape its role in tackling climate change. The World Bank Board voted to approve Banga’s leadership for a five-year term, during which
Satyavati Berera appointed on the Board of Dabur India Ltd
Effective June 1, 2023, Satyavati Berera has been appointed as an additional Non-Executive Independent Director on the Board of Dabur India Ltd for a term of five consecutive years. Satyavati Berera is an Economics Graduate from Lady Shri Ram College, Delhi University, and a fellow member of the Ins
Vasudha Sundararaman appointed as Director at Rane Engine Valve Ltd
As of today, Vasudha Sundararaman has been appointed as an Additional Director in the category of Non-Executive and Independent Director at Rane Engine Valve Limited. She holds a B.Sc in Zoology from Stella Mans College, Chennai, an M.Sc in Zoology from Madras University, and is certified as an Asso
Ashwin Kumar Pandya Ceased to be an Independent Director of NFL
Effective May 3, 2023, Pandya Ashwinkumar Balvantray has stepped down from his role as a Part-time Non-official Independent Director on the Board of the NFL.
Sunil Kumar Bansal resigned from the post of Company Secretary at Delhivery
Effective May 31, 2023, Sunil Kumar Bansal has resigned as Company Secretary & Compliance Officer from Delhivery. With over 6 years of experience, he is a highly organised logistics coordinator who has successfully coordinated and monitored supply chain operations.
Big Hedge Funds need to Report big Losses within 72 hours
The US Securities and Exchange Commission (SEC) has approved a new rule that requires large hedge funds to report significant investment losses to regulators within 72 hours. Prior to the recent rule change, hedge funds were only required to report their positions in quarterly public filings. The mo
COSO Releases Fraud Risk Management Guide: 2nd Edition
The Fraud Risk Management Guide: Second Edition has been released by the Association of Certified Fraud Examiners (ACFE) and the Committee of Sponsoring Organizations of the Treadway Commission (COSO). This new publication is aimed at assisting organisations in establishing an overall Fraud Risk Man
Ashutosh Choudhury joins Indian Bank as its ED
Effective May 3, Ashutosh Choudhury assumed the role of Executive Director (ED) at Indian Bank. The announcement was made by the bank in a regulatory filing to the stock exchanges. With over twenty years of experience in the banking sector, He holds an MBA degree and is also certified as an Associat