Natarajan Srinivasan reappointed as MD of CG Power, CSP Varadarajan quits
Natarajan Srinivasan has been reappointed as Managing Director of CG Power and Industrial Solutions Limited. The re-appointment has been made for a period between November 2023 and April 2025. Having more than 38 years of corporate experience, Natarajan Srinivasan held several senior positions durin
Associated Alcohols announces Board level changes
Associated Alcohols & Breweries Ltd., a leading player in the Indian alcoholic beverages industry, has announced several key changes in the leadership team and the board. Prasann Kumar Kedia is the new Managing Director of the company. He has been an integral part of the AABL family for over 22
Ankit Poddar Resigns from Balkrishna Paper Mills Board
Effective May 8, 2023, Ankit Poddar has resigned from his role as Non-Executive Non-Independent Director on the Board of Directors of Balkrishna Paper Mills Limited.
Raghavendra Prasad appointed CS at Zen Technologies
Zen Technologies Ltd has announced the appointment of Raghavendra Prasad Movva as the new Company Secretary and Compliance Officer effective from May 6, 2023. Raghavendra Prasad Movva is a qualified Company Secretary, who also holds an L.L.B. degree from Acharya Nagarjuna University and a postgradua
Shelly Verma is the new CMD of IRFC, replacing Amit Banerjee resigns
Shelly Verma has been appointed as the new Chairman and Managing Director of Indian Railway Finance Corporation, replacing Amitabh Banerjee who was terminated prematurely. Her appointment is effective from October 15, 2022. Shelly Verma is a Commerce graduate from the University of Delhi and a fello
SEBI introduces an IT testing framework for stock exchanges
The Securities and Exchange Board of India (SEBI) has introduced a comprehensive testing framework for information technology (IT) systems of market infrastructure institutions (MIIs) such as stock exchanges, clearing corporations, and depositories. The newly implemented framework will enable MIIs t
NACL Industries Ltd appoints Raj Kaul as Non-Executive and Non-Independent Director
Raj Kaul has been appointed as Non-Executive and Non-Independent Director of NACL Industries Ltd. starting from May 5, 2023. Kaul has extensive global experience in the crop protection business, M&A, and advisory services related to agrochemicals, biotechnology, and seeds. He holds a BSc Engg. (
Amit Mundra steps down as CFO of Astron Paper and Board Mill Ltd
The chief Financial officer (CFO) and Key Managerial Personnel, Amit Mundra, has resigned from Astron Paper and Board Mill Limited citing personal reasons. The resignation will be effective from May 27, 2023.
Major investor’s plan to break up HSBC thwarted
HSBC, one of the largest banks in the world, has managed to fend off an attempt by its largest shareholder, Chinese insurer Ping An, to split up the bank. Ping An has been calling for HSBC to separate its Asian business, arguing that its profitable operations in Asia are subsidising other parts of t
KPMG Faces Tough Questions After Giving Failed Banks a Clean Bill of Health
KPMG, the largest auditor of US banks, is facing mounting questions about the quality of its work and independence following three bank failures since March. The accounting firm was auditor to Silicon Valley Bank, First Republic, and Signature, and gave all three banks a clean bill of health as rece
