MCA to introduce web-based filing to improve compliance and oversight
The Indian government is introducing new web-based forms for firms filing annual returns and financial statements, with enhanced security features and authentication requirements aimed at deterring the creation of tax-dodging shell companies. The move comes as the government steps up security and kn
India Inc. steps up CSR activities in pandemic times
Companies in India have made significant progress in fulfilling their corporate social responsibility (CSR) obligations in FY21, with fewer defaults and more exceeding their legal obligations. Legislative changes incentivized companies to comply with their CSR obligations, including penalties for fa
Aditi Parekh takes over as FLO Ahmedabad Chairperson
Aditi Parekh, the Founder, and CEO of Fashion Edit India, has been appointed as the Chairperson of the Ahmedabad Chapter of FICCI Ladies Organisation (FLO) for the year 2023-24. FLO is the oldest women-centric business chamber in South East Asia and has around 3,000 businesswomen as members across i
Mahindra Lifespaces Appoints Amit Sinha As MD & CEO Designate
Amit joined the Mahindra Group in November 2020 and became a member of the Group’s Executive Board in April 2021. He has led several important projects for the company since then. Before joining Mahindra, he worked at Bain & Company for 18 years, managing large projects in many industries.
Niti Ayog Appoints BVR Subrahmanyam As CEO
BVR Subrahmanyam has been appointed as the new CEO of Niti Aayog, succeeding Parameswaran Iyer. His appointment has been approved by the Cabinet Committee on Appointments and will be effective for two years. Iyer has been appointed as the Executive Director of World Bank, replacing Rajesh Khullar. I
Anupam Katheriya is appointed CEO of Medimix and Cuticura
Cholayil Private Limited, the parent company of brands such as Medimix and Cuticura, has appointed Anupam Katheriya as its new CEO. Anupam brings over 20 years of experience in the consumer goods industry and has worked with multinationals like Heinz, Nestle and Emami. Cholayil, which is known for i
Two-fold increase in mandates for independent director searches
According to leading executive search and leadership advisory firms there is a surge in demand for qualified independent director. Independent directors are in demand because many non-executive directors are approaching the end of their maximum ten-year term, which is coinciding with the current fis
Amit Kumar appointed as CFO at Ebix
Amit has recently taken on the role of Chief Financial Officer at Ebix. He previously served as the Chief Strategy Officer at Ebix Cash Ltd, where he joined in March 2022. Prior to that, he held the position of Global CFO at NIIT Technologies (Coforge) and served as the Regional CFO at Intertek. His
Emmanuel David joins Aster Healthcare Board
Emmanuel David has been appointed a member of the board of directors at Aster DM Healthcare, which he confirmed on LinkedIn. When asked about his new role, he expressed his belief that healthcare can combine excellence and empathy to change people’s lives. He also shared his excitement to be p
Saurabh Mashruwala replaces Lalit Malik as Torrent Power CFO
Lalit Malik has resigned from the position of Chief Financial Officer and Whole Time Key Managerial Personnel of the Torrent Power Limited w.e.f. close of working hours of April 13, 2023 due to health reasons. Saurabh Mashruwala, has been appointed as the new Chief Financial Officer and Key Manageri