press releases

Huhtamaki India Limited has appointed Axel Glade as Non-Executive Non-Independent Director, effective October 15, 2025. Glade brings with him over 30 years of global experience in the flexible packaging industry. Before joining Huhtamaki India, he...

IFGL Refractories Limited has announced the appointment of Manoranjan Beura as its new Chief Sales Officer (CSO), effective October 14, 2025. Beura brings with him over 20 years of experience in the refractory industry, with proven expertise in...

Naveen Ganzu has stepped down from his position as Independent Director of Samvardhana Motherson International Limited (SMIL), effective October 13, 2025. With over two decades of experience in corporate governance and strategic leadership, Ganzu...

Tata Sons has reappointed Natarajan Chandrasekaran as its Chairman for a third consecutive term, following approval from Tata Trusts. Chandrasekaran joined the Board of Tata Sons in October 2016 and assumed the role of Chairman in January 2017....

Fortis Healthcare has appointed Gagandeep Singh Bedi as Chief Financial Officer (CFO), succeeding Sandeep Puri, who resigned from the position earlier this month. Bedi brings over 30 years of global leadership experience across Europe, the Middle...

Reliance Power Limited has announced the appointment of Arup Ashok Gupta as Non-Executive Non-Independent Director, effective October 11, 2025. Additionally, Neeraj Parakh, Executive Director (ED) and Chief Executive Officer (CEO), has been...

The Reserve Bank of India (RBI) has announced the appointment of Sanjay Kumar Hansda as Executive Director (ED), effective March 3, 2025. Hansda rejoined the RBI on October 6, 2025, after completing his deputation as Senior Adviser to the Executive...

Arihant Superstructures Limited has announced the appointment of Sheetal Bhilkar as Non-Executive Independent Director (Additional Director), effective October 9, 2025, pending approval by the company’s members. Bhilkar is the Founder, Director,...

Birlasoft Limited, a global enterprise digital and IT services company, has announced the appointment of Komal Jain as Chief Executive Officer (CEO) for the Americas region. Based in Dallas, Texas, Jain will lead Birlasoft’s operations across the...

Hindustan Organic Chemicals Limited (HOCL) has officially announced the appointment of Sangram Kumar Mishra as its Chairman and Managing Director (CMD). This follows Yogendra Prasad Shukla, Director (Finance), relinquishing his additional charge of...

The Public Enterprises Selection Board (PESB) has recommended Saleem Ahmad for the role of Chairman and Managing Director (CMD) of Rail Vikas Nigam Limited (RVNL), a Ministry of Railways PSU engaged in executing infrastructure projects across...

Verizon Communications Inc. has announced the appointment of Dan Schulman, former Chief Executive Officer of PayPal, as its new CEO, marking a major leadership transition at the U.S. telecommunications company. Schulman will succeed Hans Vestberg,...

Capri Global Capital Limited (CGCL) has named Monu Ratra as its Chief Executive Officer (CEO) and Key Managerial Personnel (KMP), effective October 7, 2025. Ratra brings over two decades of experience in the financial services and housing finance...

PTC India Financial Services Limited (PFS) has announced the appointment of Mini Ipe as an Independent Director, effective October 5, 2025, pending shareholder approval. Ipe, the former Managing Director (MD) of Life Insurance Corporation of India...

Microsoft has announced the appointment of Judson Althoff as the Chief Executive Officer (CEO) of its Commercial Business, where he will lead a newly structured global commercial leadership team that unifies engineering, sales, marketing,...

Vodafone Idea (Vi) has announced the appointment of Tejas Mehta as its new Chief Financial Officer (CFO), effective October 6, 2025. He will succeed Murthy Gvas, who has completed his tenure as CFO of the telecom operator. Mehta, a Chartered...

Indian Oil Corporation Limited (IOCL) has announced the appointment of Saumitra Priya Srivastava as its new Director (Marketing), effective October 3, 2025. With over 30 years of experience in the oil and gas industry, Srivastava brings deep...

Steel Strips Wheels Limited (SSWL) has announced a series of key Board reappointments, reinforcing its leadership and governance structure. Rajinder Kumar Garg, a founding promoter of the company, has been reappointed as Chairman and Non-Executive...

KPMG U.S. has announced the appointment of James (Jim) Kroeker as an Independent Director on its U.S. Board of Directors, effective immediately. He succeeds Roel Campos, who recently concluded his five-year term on the Board. Kroeker brings a...

Ramky Infrastructure Limited has announced key leadership appointments, strengthening its executive and governance team. Sunil S. Nair has been appointed Chief Executive Officer (CEO) and Chartered Accountant Sravanth Rayapudi as Chief Financial...

Balaji Telefilms Limited has appointed Dr. Archana Hingorani as an Independent Director, with her appointment effective August 28, 2025, following Board approval on September 29, 2025. Dr. Hingorani brings over 38 years of experience spanning...

Suzlon Energy Ltd., one of India’s leading renewable energy companies, has announced the exit of Himanshu Mody from his position as Chief Financial Officer (CFO). According to reports, Mody has stepped down from the role after contributing to the...

AU Small Finance Bank (AU SFB) has announced the appointment of Gaurav Jain as its interim Chief Financial Officer (CFO), effective immediately. This decision by the Board of Directors follows the untimely demise of Vimal Jain, who served as CFO...

The Appointment Committee of the Cabinet (ACC) has approved the appointment of Shirish Chandra Murmu as the next Deputy Governor of the Reserve Bank of India (RBI), effective October 9, 2025. He will take over from M. Rajeshwar Rao, who is...

Saregama India Limited has confirmed the retirement of Umang Kanoria from its Board, marking the conclusion of his tenure as an Independent Director, effective September 27, 2025. Kanoria, a respected business leader, currently serves as the...

Kotak Mahindra Bank has announced the appointment of Manish Agarwal as the President & Business Head of its flagship digital banking platform, 811. He will also serve as a Senior Management Personnel (SMP) of the bank, effective September 27,...

Avidia Bancorp, Inc. (NYSE: AVBC), parent company of Avidia Bank, has announced the appointment of Michael "Mike" Gilles to its Board of Directors and to the Board of Directors of Avidia Bank, effective September 25, 2025. "We are thrilled to have...

Dr. Radha Ramani has retired as Non-Executive Woman Independent Director of Bannari Amman Sugars Limited, effective September 22, 2025, upon completion of her tenure. A medical professional and Co-Founder of Sankara Eye Hospital, Dr. Ramani has...

Harivallabhdas held leadership positions as Managing Director and Director within the family-managed Shri Ambica Mills Group, spanning textiles, engineering, and chemicals, from 1973 to 1988. He later spearheaded the family’s private chemical...

MakeMyTrip has announced a significant leadership transition, with Mohit Kabra elevated from Group CFO to Group COO and Dipak Bohra appointed as Group CFO, both effective immediately. In his new role, Kabra will oversee operations across...

Kajaria Ceramics Limited has announced that Rajender Mohan Malla has stepped down as Independent Director, effective September 22, 2025, citing personal reasons and other professional commitments. Malla, a seasoned leader with over 40 years of...

Jupiter Wagons Limited has appointed Mr. Vinod Kumar Agarwal as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective September 24, 2025. The appointment was approved by the Board of Directors, following the recommendations of...

T-Mobile has announced the elevation of Srinivas Gopalan as its new Chief Executive Officer (CEO), effective November 1, 2025. He will succeed Mike Sievert, who has been at the helm since 2020 and will transition to the role of Vice Chairman....

Myers Industries Inc. (NYSE: MYE), a leading manufacturer of plastic and metal products, has announced the appointment of Helmuth Ludwig to its Board of Directors, effective October 1, 2025. Following his induction, the board will comprise nine...

With over 28 years of professional experience, Khurana began his career with Akzo Nobel in paints before moving to Saint-Gobain, where he served for more than two decades, most recently as Managing Director. He has also held leadership positions...

Culver Max Entertainment, the parent company of Sony Pictures Networks India (SPNI), has announced the appointment of Gaurav Banerjee as Chief Executive Officer and Managing Director (CEO & MD). During the company’s AGM, shareholders also...

Waghela brings with him over 35 years of expertise in insurance, reinsurance, and financial management. He has previously served as Chief Financial Officer (CFO) at The New India Assurance Company and The Oriental Insurance Company, in addition to...

A seasoned Chartered Accountant with more than 14 years of diverse experience across domestic and international markets, Balakrishna previously held the role of CFO at Snowman Logistics. In his new position, he will be responsible for shaping the...

Duraiswami, a Chartered Accountant with more than 40 years of global expertise in the agriculture and food industry, has held prominent leadership positions across Asia, Europe, and the Americas. He previously served as Vice President &...

Arsenal Football Club has confirmed the appointment of Richard Garlick as its new Chief Executive Officer (CEO), effective immediately. Garlick, who first joined Arsenal in 2021 as Director of Football Operations and later served as Managing...

Procter & Gamble Health Limited has announced the appointment of Shashank Srowthy as Chief Financial Officer (CFO), effective October 1, 2025. He will take over from Lokesh Chandak, who moves into a new role as Senior Director of Finance &...

Maruti Suzuki India Limited announced that CRISIL ESG Ratings & Analytics, a SEBI-registered ESG rating agency, has upgraded its ESG rating from 61 in FY 2023-24 to 63 in FY 2024-25, placing the company firmly in the “Strong” category. The core...

Chandra was a distinguished civil servant who retired as Secretary, Ministry of Petroleum and Natural Gas, Government of India. He also previously held the position of Secretary, Department for Promotion of Industry and Internal Trade (DIPP) under...

Isgec Heavy Engineering Limited announced that Vishal Kirti Keshav Marwaha has retired as an Independent Director, effective September 16, 2025, following the successful completion of his tenure on the company’s Board. Marwaha, a seasoned...

Crompton Greaves Consumer Electricals Limited has announced the appointment of Sundaram Damodarannair as the Chairman of its Board of Directors, effective September 18, 2025. This follows the completion of his second term as Non-Executive...

Niva Bupa Health Insurance Company Limited has announced the appointment of Vivek Anant Karve as an Independent Director (Additional Director), effective September 15, 2025, pending shareholders’ approval. Karve, a seasoned finance professional...

Gap Inc. has announced the appointment of Jody Gerson, Chairman and Chief Executive Officer of Universal Music Publishing Group (UMPG), to its Board of Directors. Gerson, the first woman to lead a major global music publishing company, brings...

Srinivas, a 1991-batch officer of the Indian Revenue Service (Customs & Indirect Taxes), brings over three decades of experience in customs, indirect taxation, and international trade policy. He is currently serving as Chief Negotiator for...

A renowned industrialist and business leader, Nopany brings extensive experience across diverse sectors including sugar, tea, textiles, shipping, fertilisers, and chemicals. Under his leadership, these industries have witnessed significant growth,...

Tewari began his career as a Graduate Engineer Trainee at Gajra Gears Pvt. Ltd. and went on to build a distinguished career in the manufacturing sector. Before joining Berger Paints, he served as Factory Head at Insignia Ltd., Tanzania, and was...

Supreme Industries Limited has announced the appointment of Rajiv Jalota and Sriram Hariharan as Non-Executive Independent Directors (Additional Directors), effective September 13, 2025, subject to shareholders’ approval via the postal ballot...

Vesuvius India Ltd. announced that Rohit Baheti, Chief Financial Officer (CFO), will step down from his role effective September 21, 2025, as he transitions into a global leadership position within the Vesuvius Group. Baheti, who also serves as...

Walker & Dunlop, Inc. (NYSE: WD) has announced the election of Ernest (Ernie) Freedman to its Board of Directors as an independent director and member of the Audit and Risk Committee. Freedman most recently served as Executive Vice President...

The All India Management Association (AIMA) has announced that T.V. Narendran, Chief Executive Officer and Managing Director of Tata Steel, has assumed charge as its new President. He succeeds Suneeta Reddy, Managing Director of Apollo Hospitals...

Goa Carbon Limited has announced the appointment of Dr. Kshama Fernandes as an Independent Director, effective July 7, 2025. The appointment received shareholder approval at the company’s Annual General Meeting (AGM) held on September 9, 2025. Dr....

Punjab & Sind Bank revealed the appointment of Jitendra Asati as the Nominee Director w.e.f September 9, 2025, who replaces M.G. Jayasree who stepped down from the same function w.e.f the same date. Asati is an experienced economist-bureaucrat...

AU Small Finance Bank regretted to announce the demise of its Chief Financial Officer (CFO), Vimal Jain, who passed away on September 10, 2025, after suffering from cardiac arrest. Jain was associated with the bank since 2010 and had been...

It was disclosed by Shah Alloys Limited that the Whole-Time Director of the company, Prakashkumar Ramanlal Patel, had stepped down due to some personal and inevitable reasons. His resignation will be effective from the day of September 10, 2025....

Harvard Bioscience, Inc. has made the appointment of Stephen DeNelsky to its Board of Directors effective September 5, 2025. DeNelsky will also be a member of the Board's Nominating and Governance Committee. President & CEO John Duke greeted...

The New Buildings Institute (NBI) is pleased to announce the appointment of three new members to the Board of Directors, furthering its efforts to promote sustainable building practices, clean energy technologies, and equitable community...

Northland Power Inc. (TSX: NPI) today announced a transition to its Board of Directors with John Brace retiring and Sébastien Clerc being appointed to the board, effective September 5, 2025. Brace, who resigned as Board Chair earlier this year,...

South Street Securities Holdings appointed Andrea Pfenning, a former Global COO of BNY, to the board of directors. Pfenning brings over three decades of international banking and leadership experience to the position. At BNY, she was President and...