Board Of Directors

Shareholders have right to remove/appoint directors, say lawyers

Hobson previously served as the chairwoman of Starbucks from March 2021 to September 2024, making her the only African American woman to chair a Fortune 500 company at the time of her appointment

Digital transformation, cybersecurity, artificial intelligence, recruitment and retention, climate change, geopolitics are just some of the more recent issues that boards need to address

Completion of the scheme is contingent on obtaining necessary shareholder, creditor, and regulatory approvals, anticipated to take 12-15 months

The announcement comes amid reports that Cipla promoters are looking to sell their entire or partial shareholding in the company

The NBFC has informed the exchanges that its five senior management personnel (SMP) have sought early retirement, while announcing the replacement

Women's share in managerial positions in India lowest among BRICS countries

The company also said that Dubash is not barred from holding the office of director by virtue of any order of the Securities and Exchange Board of India (SEBI) or any other such authority

The fall came a day after the company announced its March quarter results for FY24 (Q4FY24), along with stock-split and dividend announcement

Earlier, Ramakrishnan served as the Managing Director & Chief Executive Officer of South Indian Bank

Zee Entertainment Enterprises shareholders have approved the appointment of three independent directors to the company's board. Special resolutions for approval of the appointment of - Uttam Prakash Agarwal, Shishir Babubhai Desai and Venkata Ramana Murthy Pinisetti were passed with majority by the shareholders of Zee Entertainment Enterprises Ltd (ZEEL) through a postal ballot process. All three special resolutions received over 75 per cent of the total number of valid votes, according to the Consolidated Report of the Scrutinizer shared by the company to bourses. "This outcome of the remote e-voting process concluded on 15th March 2024 reflects the shareholders' confidence in the Board of the Company," ZEEL said in a statement later. On February 5, 2024, ZEEL sent a postal ballot notice to seek approval of the shareholders for the appointment of three independent directors for their first term of three years, which is from December 17, 2023, to December 16, 2026. On Friday, Zee

In November last year, RBI had superseded the Board of Directors of Abhyudaya Cooperative Bank for one year citing poor governance standards

The Mumbai-based Fino Payments Bank has appointed Anita Sudhir Pai and Neeta Mukerji as additional directors in the capacity of independent directors of the bank

Ravi Kumar S, the CEO of Cognizant, has joined the US-India Strategic and Partnership Forum as a member of its board of directors, it was announced on Tuesday. Ravi is a doyen in the tech industry and is a foremost thought leader who has unparalleled insights on the dynamic and fast-changing nature of the tech sector, USISPF president and CEO Mukesh Aghi said in an announcement. In an era of a digital-first economy and digital trade, Cognizant's work through the years exemplifies the burgeoning collaboration in the US-India technology partnership success story, he said. India's robust tech talent remains pivotal in fortifying and expanding the tech sector within the United States, Aghi said. Congratulating Ravi, USISPF Chairman John Chambers said the Cognizant CEO is an accomplished leader in IT services, and his broad experience in the industry touching digital transformation, engineering services, data analytics, and more puts him in the top calibre of experts supporting ...

The notification further stated that the banks are required to have suitable criteria for granting fixed remuneration to their NEDs, with the approval of their Board before any review of remuneration

Share prices of Zee nosedived after collapse of its merger agreement with Sony Pictures Networks

Tanla Platforms on Monday announced the appointment of former TRAI Chairman RS Sharma to its board of directors. With this, the total number of directors on Tanla's board now stands at 7. "Tanla Platforms, India's leading CPaaS (Communications Platform as a Service) player, announced the appointment of former TRAI Chairman Dr RS Sharma to its board of directors, bringing the total number of directors on Tanla's Board to 7," according to a company release. Sharma was the chairman of the Telecom Regulatory Authority of India (TRAI) between 2015 and 2020, and his tenure was marked by initiatives promoting net neutrality and consumer rights. Over the years, he spearheaded multiple government initiatives. As the chairman of the Empowered Group of COVID Vaccine Administration (EGVAC), Sharma steered the design and rollout of Co-Win - the digital backbone of the vaccination drive in India. As CEO of the National Health Authority, he was instrumental in implementing two health initiatives

Focus on global growth as independent director

In a surprise development, shareholders of Dish TV rejected the candidature of four independent directors in the Extraordinary General Meeting held last week, leaving only one person on the board of the direct-to-home service provider. This prompted immediate appointment of two new persons on the board the same day, as the number of directors fell below the statutory minimum number of three. In the EGM held on December 22, shareholders of Dish TV shot down the four resolutions seeking the appointment and re-appointments of independent directors Shankar Aggarwal, Aanchal David, Rajesh Sahni and Virender Kumar Tagra. However, these resolutions could get only around 28 per cent of the total votes polled, and hence were rejected. "The Resolution Nos 1 to 4 have failed to receive a requisite number of votes in favour by the shareholders under remote e-voting and e-voting at EGM," said the scrutinizer's report submitted to bourses by Dish TV. After the voting results, which were declare

Payments banks and local area banks are kept out of the minimum WTD requirements