SEC Appeals Reduced USD 125 Million Penalty in Ripple XRP Case
The Securities and Exchange Commission (SEC) has appealed a court decision ordering Ripple Labs to pay a USD 125 million civil penalty in a long-running case involving its XRP token.
ACC Extends M. Rajeshwar Rao’s Tenure As Deputy Governor Of RBI
The Prime Minister, Narendra Modi’s led Appointment Committee of the Cabinet (ACC), has approved the reappointment of M Rajeshwar Rao as Deputy Governor of the Reserve Bank of India (RBI) for a period of one year with effect from October 9, 2024.
Independent Director Brahma Nand Vyas Resigned From Astec Lifesciences
Dr. Brahma Nand Vyas has resigned as an Independent Director of Astec Lifesciences Limited, effective October 4, 2024, citing his advancing age.
Sonia Gupta Completed Her Term As Independent Director Of Brooks Laboratories
Sonia Gupta completed her second and final term of five years as an Independent Director of Brooks Laboratories Limited on September 28, 2024, and consequently ceased to be an Independent Director w.e.f. September 29, 2024.
CFO Raghav Garg Resigned From Umang Dairies
Raghav Garg, Chief Financial Officer (CFO) of Umang Dairies Limited, has resigned from the services of the company w.e.f. October 4, 2024, to pursue opportunities outside the company.
Dinesh Pandey and Dr. Prasun Bandyopadhyay Cease To Be SMPs Of Dabur India Following Restructuring
Dinesh Chandra Pandey, Head of R&D (food business), and Dr. Prasun Bandyopadhyay, Head of R&D (HPC business), have ceased to be designated as the Senior Management Personnel of Dabur India Limited w.e.f. October 4, 2024.
Three Independent Directors of GVK Power Infrastructure Resigned
Anil Kumar Reddy, Ilyas Ghulam Hussain Ghouse, and Rama Rao, Independent Directors of GVK Power & Infrastructure Limited (GVKPIL), have resigned from the Board and all the Statutory Committees.
Mary Carmen Gasco-Buisson Appointed CEO of Unilever’s Prestige Division
Unilever has appointed Mary Carmen Gasco-Buisson, a former Pandora executive, as the new Chief Executive Officer (CEO) of its Prestige division.
Heineken Considers Reappointment of CFO Harold van den Broek
Heineken N.V. has announced plans to re-appoint Harold van den Broek as Chief Financial Officer (CFO) for another four-year term at its Annual General Meeting (AGM) in April 2025.
Charles Schwab CEO of Walt Bettinger to Retire After 16 Years
Charles Schwab has announced that its long-time Chief Executive Officer (CEO), Walt Bettinger, will retire at the end of the year, and President Rick Wurster will follow him.