Shareholders reject proposals Sobha shareholders vote against resolution for increased remuneration to Ravi Menon
The shareholders of Sobha Ltd have turned down two special resolutions proposed by the company. These resolutions aimed to increase the remuneration of non-executive directors and the chairman, Ravi PNC Menon. To be approved, each resolution needed at least 75% of votes in favour. However, less than
Crompton Greaves Consumer Electricals has announced the appointment of Promeet Ghosh as its new Managing Director and CEO
Promeet Ghosh has been named the new Managing Director and CEO of Crompton Greaves Consumer Electricals. Ghosh, who has been a member of the company’s board since 2016, will assume his new role on May 1, 2023, and his term will run until April 30, 2028. Prior to this appointment, Ghosh spent t
CEO Humphries was dismissed without cause, says Cognizant
As per a regulatory filing, former CEO of Cognizant, Brian Humphries, was terminated without cause from his position, making him eligible for severance pay. His termination became effective on January 12, and he continued to serve as a special advisor until March 15. The company’s chairman, St
Mayank Holani, CFO Schneider Electric resigned
Mayank Holani, the CFO of Schneider Infrastructure has resigned from his position to pursue other opportunities outside the organisation effective from July 19, 2023. Holani is an accomplished and result-driven professional with over 20 years of experience in areas such as Accounts and Finance, Audi
Fabindia has appointed Rajeshwari Srinivasan as CEO
Rajeshwari Srinivasan will assume the job of CEO at Fabindia this month. She will succeed Vinay Singh, who headed the company for seven years and will continue to serve on the board as a non-executive director. Srinivasan has worked for Tata Group companies in the FMCG, retail, luxury, and hotel ind
Hathway names Tavinderjit Singh Panesar as the CEO
Tavinderjit Singh Panesar has been appointed as the CEO of Hathway Cable & Datacom after the company approved his appointment in a board meeting on April 17. Panesar has more than thirty years of experience in management, strategic planning, distribution, business development, media & entert
Non-Executive Director Sarvjit Bedi Resigns from Camlin Fine Services
Camlin Fine Services’ Non-Executive Director, Mr. Sarvjit Bedi, has resigned from his post. With 16 years of experience in India and the US, he has worked in various domains such as audit and financial diligence, consulting, investment banking, corporate mergers and acquisitions, and private e
