Zubin Dubash Resign from Shemaroo Entertainment
According to sources familiar with the matter, Zubin Dubash, who held the position of COO of ShemarooMe& Digital Business, has resigned after serving the company for more than six years. During his tenure, Dubash was responsible for creating and expanding the company’s digital strategy, wi
India Exim Bank has appointed Mr. Tarun Sharma as its new Deputy Managing Director
Mr. Tarun Sharma has taken on the role of Deputy Managing Director at India Exim Bank, after serving as the Chief Financial Officer and technology leader at the bank. With over two decades of experience in global trade, competitiveness, industry, and infrastructure development, Mr. Sharma has recent
Kumar Mangalam Birla joins VI board, steps down from Aditya Birla Sun Life AMC
Vodafone Idea (Vi), has announced the appointment of Kumar Mangalam Birla, Chief of Aditya Birla Group, as a non-executive director on its board. Birla returns to the board after 2 years. He had resigned from the position in August 2021 when Vi was experiencing financial difficulties. Aditya Birla G
Bhavesh Zaveri has been appointed as the New Executive Director of HDFC Bank
Bhavesh Zaveri, currently the Group Head of Operations, Cash Management & ATM Product at HDFC Bank, has been appointed as the new Executive Director for a three-year term starting April 19, 2023, following approval from the Reserve Bank of India (RBI). Having worked for 36 years in essential rol
Kaizad Bharucha has been appointed as Deputy Managing Director of HDFC Bank
The Reserve Bank of India (RBI) has granted approval for the appointment of Kaizad Bharucha as HDFC Bank’s Deputy Managing Director for a term of three years starting from April 19, 2023. Bharucha has a career spanning over 35 years in banking and has been associated with the bank since 1995.
Stringent regulations targeting shell companies soon
The Indian Ministry of Corporate Affairs is considering taking action to prevent non-genuine entities from incorporating companies too easily. To do this, they may introduce new measures such as limiting the number of companies one person can incorporate and using a phone app to verify the registere
RBI invites entire Bank Boards to Discuss Governance and Ethics
Next month, the Reserve Bank of India will conduct an unusual conference with the entire boards of public and private sector banks, including international banks, to discuss governance and ethics related issues. The meeting, which will be held in two parts on May 22 and 29, will be addressed by RBI
Hindustan Zinc Ltd. Sandeep Modi Appointed as CFO
The Board has approved the appointment of Mr. Sandeep Modi as the Chief Financial Officer (KMP) of the Company, effective from April 21, 2023. Mr. Modi, who is currently serving as the Interim CFO, is a qualified member of the Institute of Chartered Accountants of India and possesses over 18 years o
India sets up CPACE for company closures
The Indian government has established the Centre for Processing Accelerated Corporate Exit (CPACE) to handle the swift regulatory clearance of companies that wish to exit their business due to economic reasons. The Ministry of Corporate Affairs has authorized CPACE to take over the task from the RoC
Vinay Kumar Mishra has resigned as Company Secretary of Shah Alloys Ltd
Mr. Vinay Kumar Mishra has resigned from the role of Company Secretary and Compliance Officer of the company, citing personal reasons. As a result, his tenure in this position will come to an end at the close of office hours on April 21, 2023, in accordance with his resignation.