New Delhi, April 1 The CBI registered a new case against industrialist Anil Ambani and Reliance Communications Ltd on Wednesday, alleging that they caused a loss of ₹3,750 crore to the Life Insurance Corporation (LIC) of India, officials said.The CBI has filed the case on charges of...
anil ambani
bdo india llp
cbi
corporategovernance
financial misconduct
forensic audit
fraud
india
investment losses
lic of india
misappropriation
new delhi
non-convertible debentures
prevention of corruption act
reliance communications
New Delhi, March 31 Magnum Ice Cream Netherlands has completed the acquisition of a 61.9 per cent majority stake in Kwality Wall's (India) Ltd (KWIL), resulting in a change in the promoter classification."On March 30, 2026, the Incoming Promoter acquired the Sale Shares from the Outgoing...
New Delhi, March 30 The government has appointed Aparna Sinha as an ex-officio member of the Insolvency and Bankruptcy Board of India (IBBI), according to an official notification.Sinha, who is currently serving as an Adviser (FSRL) in the Department of Economic Affairs, Ministry of Finance...
bankruptcy
corporategovernance
department of economic affairs
financial regulation
government appointment
ibbi
india
information utilities
insolvency and bankruptcy board of india
insolvency professionals
insolvency resolution process
ministry of corporate affairs
ministry of finance
regulatory board
reserve bank of india
IBC Boosts Banking Sector Recovery, Sitharaman Says
Key Improvements in NPA Recovery
New Delhi, March 30 – Finance and Corporate Affairs Minister Nirmala Sitharaman stated in the Lok Sabha on Monday that the Insolvency and Bankruptcy Code (IBC) has been a key and very important factor in...
amendment bill
asset recovery
banking sector
corporategovernancecorporate law
finance minister
government legislation
ibc
india
insolvency and bankruptcy code
lok sabha
non-performing assets
resolution process
New Delhi, March 25 Network18, a major broadcast network, announced on Wednesday the appointment of Raj Jain as an Independent Director to its board for a period of five years, from March 25, 2026, to March 24, 2031.Jain, former Chief Executive Officer of Bennett, Coleman & Co. Ltd. (The Times...
bennett, coleman & co. ltd.
board composition
board of directors
broadcast network
business strategy
corporategovernance
executive appointments
independent director
india
leadership
network18
raj jain
the times group
walmart india
whirlpool india
New Delhi, March 25 The Competition Commission of India approved the proposed merger of Coursera's subsidiary, Chess Merger Sub, with Udemy Inc., on Wednesday.US-based Coursera is a global education technology company that operates a leading online learning platform. Its operations in India...
chess merger sub
company merger
competition commission of india
corporategovernance
coursera
digital delivery
education technology
equity transaction
financial transaction
india
marketplace
merger
online learning
subsidiary
udemy
New Delhi, March 25 The Reserve Bank has approved the proposed acquisition of a controlling stake in Sammaan Capital Ltd by a subsidiary of Abu Dhabi-based International Holding Company.The acquisition by Avenir Investment RSC Ltd also includes the indirect change in control of the...
abu dhabi
acquisition
avenir investment rsc ltd
capital markets
corporategovernance
financial transactions
india
international holding company
investment
preferential equity
regulatory approval
reserve bank of india
sammaan capital ltd
sammaan finserve ltd
sebi
Former Coal India Executives Seek PM Modi’s Intervention Over Stagnant Pension Scheme
75 Former PSU Leaders Flag Concerns Over Coal Mines Pension Scheme
Kolkata, March 24: A group of senior former executives from Coal India Ltd (CIL), its subsidiaries, and Singareni Collieries Company Ltd (SCCL)...
cmps-1998
coal india
coal miners
corporategovernance
financial management
government employees
india
india energy sector
pension
pension review
pension scheme
prime minister narendra modi
public accounts committee
public sector undertakings
retirement benefits
singareni collieries company ltd
Aditya Birla Fashion Announces Pantaloons CEO Succession; Suraj Bahirwani to Take Charge from October 2026
New Delhi, March 24: Aditya Birla Fashion and Retail Ltd (ABFRL) on Tuesday unveiled a structured leadership succession plan for its Pantaloons business, appointing Suraj Bahirwani as the...
Asgard Alcobev Appoints Rohit Jain as Chairman Emeritus to Strengthen Strategic Continuity
New Delhi, March 24: Asgard Alcobev Ltd on Tuesday announced the appointment of Rohit Jain as Chairman Emeritus and Strategic Advisor to the Board, reinforcing its focus on long-term governance and...
HDFC Bank Appoints External Law Firms to Review Atanu Chakraborty’s Resignation
Board Moves to Strengthen Governance Oversight
Mumbai, March 24: HDFC Bank has announced that its Board has approved the appointment of external law firms, both domestic and international, to review the resignation...
New Delhi, March 23 – To promote ease of doing business and reduce compliance burden, the government on Monday proposed a series of amendments to the Companies and LLP laws, including changes in CSR norms, decriminalisation of procedural defaults, flexibility in share buybacks, and relaxations...
alternative investment funds (aifs)
auditing
companies act amendment
compliance regulations
corporategovernancecorporate social responsibility (csr)
ease of doing business
financial reporting
insolvency and bankruptcy code (ibc)
limited liability partnership (llp) act
mergers and acquisitions (m&a)
nclt (national company law tribunal)
one-person companies
producer companies
small companies
New Delhi, March 23 South Indian Bank, a private sector lender, announced on Monday that it has appointed former RBI Executive Director Jose Joseph Kattoor as its non-executive, part-time chairman.The appointment is effective from March 23, 2026, for a term of three years.The appointment...
banking sector
board of directors
chairman appointment
corporategovernance
executive director
financial regulation
independent director
india
jose joseph kattoor
leadership
non-executive chairman
private sector lender
reserve bank of india
south indian bank
strategic vision
Mumbai, March 23 In the wake of the HDFC Bank crisis triggered by chairman Atanu Chakraborty's sudden resignation, Sebi chairman Tuhin Kanta Pandey said on Monday that independent directors need to act responsibly and back up any accusations with evidence.In comments that came days after...
New Delhi, March 23 Shares of HDFC Bank have been on a downward trend, falling by nearly 12 per cent in three days, after its non-executive chairman Atanu Chakraborty abruptly resigned, citing differences over "values and ethics".On Monday, the heavyweight stock plummeted 4.70 per cent to...
179 Government-Owned Companies Lack Female Directors, Government Says
New Delhi, March 23, 2026 – As many as 179 government-owned companies, including public sector enterprises (PSEs), do not have a female director on their boards, the government stated on Monday.Under the Companies Act, 2013...
Sebi Introduces Draft Abridged Prospectus to Simplify IPO Disclosures
New Delhi, March 23 – The Securities and Exchange Board of India (Sebi) has introduced a draft abridged prospectus to provide a concise, standardized, and investor-friendly summary of IPO offer documents.Key Features of the...
abridged prospectus
business model
capital markets
corporategovernance
disclosure requirements
financial reporting
financials
investor accessibility
ipo disclosures
issuer disclosures
offer documents
red herring prospectus
regulatory compliance
securities and exchange board of india (sebi)
securities regulation
Finance Bill, Corporate Laws Amendment Bill Introduced in Parliament
Finance Minister Nirmala Sitharaman is scheduled to table the Finance Bill, 2026, and the Corporate Laws (Amendment) Bill, 2026, in Parliament on Monday.Finance Bill 2026
The Finance Bill, 2026, aims to implement the...
HDFC Bank Chairman Atanu Chakraborty Resigns Citing "Values and Ethics" Differences
New Delhi/Mumbai, March 19 – HDFC Bank’s non-executive chairman Atanu Chakraborty has resigned abruptly, citing differences over "values and ethics," a rationale the bank described as baffling due to the absence...
atanu chakraborty
board of directors
corporategovernance
domestic systemically important bank (d-sib)
financial services
financial stability
governance committee
hdfc bank
independent director
india
keki mistry
leadership transition
merger (hdfc ltd & hdfc bank)
non-executive chairman
reserve bank of india (rbi)
share price
RBI Reassures Stability at HDFC Bank After Chairman Resignation, Appoints Interim Leadership
RBI Confirms Strong Governance and Financial Position
New Delhi, March 19: The Reserve Bank of India on Thursday reaffirmed confidence in HDFC Bank, stating that the lender remains a Domestic...
board of directors
chairman appointment
corporategovernance
d-sib
domestic systemically important bank
financial position
financial stability
hdfc bank
keki mistry
liquidity
management team
rbi
reserve bank of india
shareholder assurance