Child labour issue at Som Distilleries & Breweries raised concerns about India’s supply chains
Last week, 58 children with burned hands were rescued from a liquor factory owned by Som Distilleries & Breweries (SDBL) in Bhopal, marking the first time a listed company has been caught engaging in child labour.
Vedanta Appoints Pallavi Bakhru and Prasun Mukherjee as Independent Directors
The Board of Directors of Vedanta Limited has approved the appointment of Pallavi Joshi Bakhru and Prasun Kumar Mukherjee as Independent Directors for two years each, with effect from July 1, 2024, and August 11, 2024, respectively.
Indian Hotels Reappoints Nasser Munjee & Hema Ravichandar as Independent Directors
The members of Indian Hotels Company Limited have approved the reappointment of Nasser Munjee, Hema Ravichandar, and Venkataramanan Anantharaman as Independent Directors.
CEAT Appoints Praveen Pardeshi as Independent Director & Gaurav Tongia as CS
The Board of Directors of CEAT Limited has approved the appointment of Praveen Pardeshi (Pravin Singh Pardeshi) as an Additional Director in the capacity of Non-Executive, Independent Director for five years with effect from June 17, 2024.
Vinesh Kumar Jairath Resigns as Independent Director of Bombay Dyeing
Vinesh Kumar Jairath has tendered his resignation as an Independent Director of Bombay Dyeing & Manufacturing Company Limited, with effect from June 17, 2024, due to his present and forthcoming commitments.
Paytm Appoints Rajeev Agarwal as Independent Director
The Board of One 97 Communications Limited has approved the appointment of Rajeev Krishnamuralilal Agarwal as a Non-Executive Independent Director with immediate effect for five years.
TCS fined by a US court USD 194 million for misappropriation of trade secrets
On June 14, 2024, Tata Consultancy Services (TCS), India's largest IT services exporter, received an adverse judgement passed by the United States District Court, Northern District of Texas, Dallas Division.
South Indian Bank Appoints Dolphy Jose as Executive Director
Dolphy Jose was appointed as a whole-time Executive Director of the South Indian Bank Limited by the Reserve Bank of India (RBI), with effect from June 14, 2024.
Tanla Platforms Appoints Abhishek Jain as CFO
The Board of Directors of Tanla Platforms Limited approved the appointment of Abhishek Jain as the Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), with effect from August 1, 2024.
IIFL Finance names a corrective action team following the RBI audit
The Reserve Bank of India (RBI) was alerted to major anomalies in IIFL Finance's gold loan portfolio.
