Info Edge, the parent company of India’s leading real estate platform 99acres, has initiated a formal investigation following a whistle-blower complaint alleging violations of company policies by certain employees at 99acres. The company has engaged a law firm to conduct an independent and thorough inquiry into the matter, signaling its commitment to transparency and corporate…
Lenskart, the $6.1 billion eyewear giant gearing up for its IPO, has just made a major move in its boardroom — and it’s raising eyebrows across the Indian startup world.
SoftBank’s Sumer Juneja has officially stepped down from the board, while two new heavy-hitters are stepping in: Ashish Kashyap, founder of INDmoney and former CEO of Ibibo Group, and Sayali Karanjkar, co-founder of digital…
Ola Electric Shocks the Industry with Bold Appointment: What Does Pritam Das Mohapatra Bring to the Table?
In a game-changing move, Ola Electric has just appointed Pritam Das Mohapatra as its new Compliance Officer and Company Secretary, effective December 30, 2024. But why should this matter to you?
This is not just another corporate reshuffle—this is a strategic shift that could have massive…
Captain Fresh, a rapidly growing online seafood company, has made an exciting move by appointing Jayant Prakash as its new Vice President of Legal & Compliance. This strategic hire marks a pivotal moment for the company as it prepares for its upcoming Initial Public Offering (IPO), slated for next year. The appointment not only strengthens Captain Fresh’s leadership team but also demonstrates…
In a significant development, Gunjan Soni, an independent director at Zomato, has resigned due to increasing professional responsibilities. The company announced her resignation in a recent exchange filing, effective from the end of business hours on October 11, 2024.
In her resignation letter, Soni expressed her gratitude for her time at Zomato but noted that the demands of her other…
Ratan Tata transformed Tata Group, emphasizing innovation, ethics, philanthropy, and global impact.
Ratan Tata: Transformative leader emphasizing innovation, ethics, philanthropy, and societal impact.
Ratan Tata, a name synonymous with visionary leadership and ethical business practices, has played a pivotal role in transforming the Tata Group into one of the world’s most respected…
In a significant legal ruling, the Delaware Supreme Court has determined that Indian edtech giant Byju’s defaulted on a $1.5 billion loan, paving the way for lenders to exercise their rights to recover assets and enforce repayment. The decision, issued on September 23, 2023, grants lenders the authority to take control of Byju’s assets in the United States, specifically Byju Alpha Inc., a…
In a significant boost for India Inc, the Ministry of Corporate Affairs (MCA) has extended the option for companies to hold their annual general meetings (AGMs) via video conferencing (VC) until September 30, 2025. This provision applies to companies whose AGMs are scheduled for 2024 and 2025.
Additionally, the MCA has authorized companies to conduct extraordinary general meetings (EGMs) through…
In a significant regulatory action, the Securities and Exchange Board of India (SEBI) has barred industrialist Anil Ambani and 24 associated entities from the securities market for five years. This penalty follows an investigation into the diversion of funds from Reliance Home Finance Ltd. (RHFL), a company under Ambani’s broader business conglomerate. SEBI has also imposed a hefty fine of ₹25…
The latest allegations from Hindenburg Research, questioning potential conflicts involving the chief of India’s market watchdog, have reignited a critical debate. These claims, which have been denied by both the official and the regulator, necessitate a serious and independent investigation. The Supreme Court in New Delhi should consider reinstating the committee it had previously established…
