Kotak Banks’ Joint MD KVS Manian Resigns To Pursue Other Opportunities
The Board of Directors of Kotak Mahindra Bank Limited has informed the stock exchange that Krishnan Venkat Subramanian (KVS Manian) ceases to be the Whole-time Director designated Joint Managing Director, with immediate effect on account of his resignation.
Raul Rebello Appointed as Managing Director & CEO of Mahindra & Mahindra Financial
Mahindra & Mahindra Financial Services Limited has informed the stock exchange about the appointment of Raul Rebello as the Managing Director and CEO with effect from April 30, 2024.
M. R. Kumar Appointed as Independent Director of Cholamandalam Investment and Finance
The Board of Directors of Cholamandalam has approved the appointment of M. R. Kumar as an Additional Director in the capacity of an Independent Director for five years, with effect from May 1, 2024.
M. Jayaraman Appointed as Actuary of Star Health and Allied Insurance
Star Health and Allied Insurance Company Limited has announced that M. Jayaraman has been appointed Actuary and Key Managerial Personnel (KMP) of the company, subject to the approval of the Insurance Regulatory and Development Authority of India (IRDAI).
RPG Life Sciences Appoints Independent Directors
The Board of Directors of RPG Life Sciences Limited approved the appointment of Anil Matai, Radhika Gupta, and Hiten Kotak as Additional Directors in the capacity of Non-Executive, Independent Directors for five years with effect from April 30, 2024.
Frustrated Tesla’s CEO Elon Musk Fires Key Executives While Restructuring Board
According to reports, Tesla CEO Elon Musk has initiated significant restructuring within the company, including the dismissal of senior management and the termination of hundreds of employees due to declining sales.
RBL Bank’s Independent Director Ishan Raina Retired
Ishan Raina ceases to be an Independent Director of RBL Bank Limited with effect from April 29, 2024, upon completion of the maximum permissible tenure of eight continuous years under the Banking Regulation Act, 1949.
OLA CEO Hemant Bakshi Leaves in only three months
The Chief Executive Officer of Ola Cabs, Hemant Bakshi, who joined the company this year in January, has resigned from the post.
Sebi is probing Linde India for related party transaction violation
The stock market regulator, the Securities and Exchange Board of India (Sebi), is currently investigating Linde India for potential breaches related to transactions involving related parties.
InterGlobe Aviation Appoints Isidro Orea as Chief of Transformation
The Board of Directors of InterGlobe Aviation Limited has approved the appointment of Isidro Pablo Porqueras Orea as Chief of Transformation, with effect from April 29, 2024.
