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CORPORATE BOARD APPOINTMENT
PFC, REC boards approve merger scheme, share exchange ratio at 88 PFC shares for every 100 REC sharesPower Finance Corporation and REC Ltd boards have greenlit their merger, creating India's largest power financier with over Rs 11 lakh cror...
Punjab & Haryana HC judge Justice Mahabir Singh Sindhu passes awayJustice Mahabir Singh Sindhu, a respected judge of the Punjab and Haryana High Court, passed away at 59 in Gurugram. Elevated in 2017, he w...
Ashok Vaswani to step down as Kotak Mahindra Bank MD & CEO; bank begins search for successorIn a surprising announcement, Ashok Vaswani, CEO and Managing Director at Kotak Mahindra Bank, has decided to step down on December 31, 202...
Ind review finds no merit in ex-HDFC Bank chief Atanu Chakraborty's claimsHDFC Bank's extensive legal review found no evidence in board records to support concerns raised by former Chairman Atanu Chakraborty's res...
WhatsApp's future may not be invented in US but in India, one transaction at a timeMeta’s $900 million investment in Cred and the reported appointment of founder Kunal Shah to a global role at WhatsApp marks a significant ...
Hariprasad assumes charge as KPCC chief; accuses BJP-RSS of 'undermining' democracy, constitutionB.K. Hariprasad assumed charge as Karnataka Congress president at a grand convention, marking a new chapter for the party. He pledged to up...
Sebi reinstates open market buybacks via exchangesSebi has greenlit buyback flexibility for companies, reintroducing open market options via exchanges from August 1. Mutual funds gain relax...
Goutam Deb steps down as Siliguri mayor, adding to TMC exodusTrinamool Congress faces a significant leadership crisis. Senior leaders Goutam Deb and Jyoti Priya Mallick have resigned from their posts....
Sebi plans buyback via SEs again, easier MF borrowing rulesSebi is set to overhaul buyback rules, potentially reintroducing stock exchange routes and easing merchant banker requirements. Mutual fund...
No merit in issues flagged by ex-chair of HDFC Bank: Law firmsThe reviews were prompted by former Chairman Atanu Chakraborty's dramatic March 18 resignation, a decision he had said in a letter to the e...
Kolkata Municipal Corporation elections to be held in December: CM Suvendu AdhikariKolkata Municipal Corporation elections will be held by December this year. Chief Minister Suvendu Adhikari made the announcement. This fol...
Sole proprietorship, LLP to private limited company; business structures for startups explainedChoosing the right business structure is crucial for a startup’s growth, taxation, compliance, control, and liability. DPIIT highlights fiv...
NCLT admits SBI plea for personal insolvency proceedings against Anil AmbaniMumbai NCLT has admitted SBI's plea to start personal insolvency proceedings against Anil Ambani. This follows a Rs 1,200 crore claim by th...
Tourism and hotel sector stocks: Time for a correction in business? Are analysts getting it wrong? 15 stocks from the ecosystemThe Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were high, room rates firm, supply is, i...
INSIGHT-How Honda's old guard tried, and failed, to oust its CEOHonda is encountering significant disputes as a faction of retired executives pushes for the removal of CEO Toshihiro Mibe. Citing his fail...
Rajesh Exports denies wrongdoing, says SEBI order stems from 'confusion' over Valcambi revenuesRajesh Exports has responded to SEBI's interim order, denying allegations of revenue misrepresentation. The company states its reported rev...
Acko hires Meta, Junglee Games executives to lead health, auto insurance businessesThe appointment comes at a time when Acko is preparing for an initial public offering(IPO). In April, ET reported that the Bengaluru-based ...
Oyo-parent Prism secures Sebi's nod to launch Rs 6,650-crore IPOOyo's parent company, Prism, has received approval from Sebi to proceed with its Rs 6,650 crore IPO. The company is expected to be valued b...
ICC appoints Ros Rivaz as Independent Director to strengthen governance and global growth strategyThe International Cricket Council has appointed Ros Rivaz as its new Independent Director. She brings extensive international leadership an...
BPCL appoints Pushp Kumar Nayar as Human Resources DirectorBharat Petroleum Corporation Limited has appointed Pushp Kumar Nayar as its new director for human resources. Nayar brings over 35 years of...