HDFC Bank Appoints External Counsel Following Ex-Chairman’s Exit
India’s #1 private-sector bank, HDFC Bank, tapped into external law firms to review the resignation letter of its former Part-time Chairman, Atanu Chakraborty, last week. In his resignation letter, he has also claimed differences in “values and ethics” with the bank, raising serious concerns about corporate governance at HDFC Bank. Following Atanu’s resignation, the bank’s…
Leadership Lessons: Natarajan Chandrasekaran, Chairman, Tata Sons
The Tata Group represents integrity, innovation, and long-term vision in India’s corporate world. Natarajan Chandrasekaran, or Chandra, chairman of Tata Sons, has led its recent turnaround. Appointed in 2017 as the first non-Parsi, non-family leader during a period of upheaval, he stabilised and revitalised the group through digital transformation, profitability, and national influence, while maintaining…
Chairman Arun Kumar Singh Is Appointed As CEO Of ONGC
More than a month after Arun Kumar Singh was appointed as the Chairman of India’s largest oil and gas producer ONGC, is now appointed as the Chief Executive Officer (CEO) of the company, according to the stock exchange filing by ONGC. The government named Arun Kumar Singh, who, a couple of months back, retired as…
Vikram Dev Dutt Appointed As Director General Of DGCA
The cabinet’s appointment committee on Saturday approved Vikram Dev Dutt’s appointment as Director General of the Directorate Of General Civil Aviation (DGCA). Dutt is a 1993-batch IAS officer of the AGMUT (Arunachal Pradesh, Goa, Mizoram, and United Territory) cadre and currently working as Chairman and Managing Director (CMD) of Air India Assets Holding Ltd (AIAHL)….
Suzlon Energy Ltd Founder Mr. Tulsi Tanti Passed Away
One of the first movers in renewable energy in India, Tulsa Tanti, passed away at 64. “With profound sadness, we inform you of the untimely demise of Shri Tulsi R.Tanti, the Founder, the Chairman & Managing Director, and one of the promoters of Suzlon Energy Limited (the “Company”) on October 1 2022. Shri Tanti suffered…
Mukesh Ambani Resigns From Board Of Reliance JioÂ
Reliance Jio Infocomm on Tuesday said that Mukesh Ambani has stepped down from the chairmanship of the Board and approved the appointment of his elder son Akash Ambani as the new chairman of the company. The resignation of Mukesh Ambani, one of the richest people in India, is effective from the close of the working…
Burman’s Group To Take Control Of Eveready As Khaitan’s Quit
Eveready Industries Chairman and Managing Director, Aditya Khaitan and Amritanshu Khaitan, announced their resignation after Burman Group takeover the bid. The resignation of the Khaitans came two days after the Burman’s, founder of Dabur, a food company, made an open offer for a Kolkata-based dry cell company. After their resignation, Suvamoy Saha is assumed to…