corporate governance

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    CBI Charges Anil Ambani and Reliance Communications with Fraud Against LIC

    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...
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    KWIL Promoter Changes Following Magnum Acquisition

    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...
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    Ministry of Finance Representative Joins IBBI Board

    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...
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    Insolvency Code Amendments Boost Banking Health

    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...
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    Raj Jain Joins Network18 Board with Diverse Leadership Experience

    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...
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    India's Competition Commission Clears Coursera-Udemy Merger

    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...
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    Avenir Investment Secures RBI Clearance for Sammaan Capital Stake

    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...
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    Ex-Executives Seek PM Intervention on Coal Pension Revision

    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)...
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    Aditya Birla Fashion Announces Pantaloons Leadership Changes

    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...
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    Strategic Advisor Appointed as Asgard Alcobev Strengthens Governance

    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...
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    Governance Review at HDFC Bank Following Leadership Change

    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...
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    CSR Changes & Ease of Doing Business: New Bill Details

    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...
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    Jose Joseph Kattoor Named Chairman of South Indian Bank

    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...
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    Governance Concerns Rise as HDFC Bank Resigns Chairman

    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...
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    Market Valuation Declines as HDFC Bank Chairman Resigns

    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...
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    179 Government-Owned Companies Lack Female Directors, Government Says

    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...
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    Simplified IPO Information: Sebi Launches Draft Abridged Prospectus

    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...
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    Budgetary Plans & Corporate Reform: Key Bills to be Introduced

    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...
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    HDFC Bank Chairman Quits Without Specifics, Raising Questions

    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...
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    HDFC Bank Faces Leadership Change, RBI Assures Stability

    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...
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