DOJ Sues Visa for Antitrust Violations
A significant step has been taken in the fight against anticompetitive practices in the financial industry with the US Department of Justice's lawsuit against Visa.
Siraj Chaudhry Resigned As Independent Director Of Tata Consumer Products
Siraj Chaudhry submitted his resignation as an Independent Director of Tata Consumer Products Limited (TCPL) on September 9, 2024, effective September 30, 2024.
T.P. Ostwal & Venkatesh Mysore have stepped down as Independent Directors of Oberoi Realty
T.P. Ostwal and Venkatesh Mysore have vacated the offices of Independent Directors of Oberoi Realty Limited w.e.f. August 26, 2024, on account of mandatory retirement upon them completing the second term of five consecutive years.
US Sues TikTok for Allegedly Collecting Children’s Data Without Consent
The U.S. Justice Department has filed a lawsuit against TikTok and its parent company, ByteDance, alleging that they unlawfully collected personal data from children.
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.
A US investigation reveals pervasive sexual misconduct at FDIC
An independent report released on Tuesday has highlighted the urgent need for comprehensive reforms within the Federal Deposit Insurance Corporation (FDIC) to address widespread issues of sexual harassment and other forms of misconduct.
US ESG fund managers see the worst quarterly withdrawals
US fund managers experienced their most challenging quarter on record for ESG-oriented products as client redemptions accelerated.
Meta pushes back against US FTC’s 2022 privacy settlement amendment
The U.S. Federal Trade Commission attempted to renegotiate a 2020 privacy settlement, but Meta Platforms rejected the request, stating that it had voluntarily reported to the government two technical issues with its Messenger Kids programme.
US files Lawsuit Against Apple, Alleging That The Tech Giant Is Abusing Its Monopoly
The US Justice Department has filed a lawsuit against Apple on Thursday, claiming that the tech giant prevented mobile game businesses and software developers from providing better options for the iPhone, driving up consumer costs.
The trend towards appointing Independent Board Chairs has plateaued in the US
According to a study published by the Harvard Law School Forum on Corporate Governance, the trend of appointing Independent Board Chairs has reached a plateau. Approximately 36% of S&P 500 firms have Independent Chairs, a figure unchanged since 2021.
