Tag: Board of Directors

Gaurav Chaturvedi resigns as Chief Investment Officer at IndInfravit Trust

IndInfravit Trust Ltd has informed that Gaurav Chaturvedi, Chief Investment Officer (CIO) of LTIDPL IndviT Services Limited (Investment Manager of the IndInfravit Trust), has given notice of his resignation from the services of the Company. His resignation letter dated August 3, 2021, has been accepted by the Company. Gaurav Chaturvedi is currently serving his notice […]

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Tesla seeks to reduce board members’ terms, make other changes in October shareholder meeting

Tesla Inc. set its shareholder meeting for Oct. 7 at the Fremont, Calif., factory, with a call for reducing its directors’ terms among the proposals the electric-car maker will bring to the table, the company said in filing late Friday. One of the proposals calls for each director’s term to be reduced from three years […]

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Easun Capital Markets appoints Amit Sureka as Independent Director and Chairman

Easun Capital Markets Ltd has informed the appointment of Amit Sureka as Independent Director and Chairman of the Company. Amit Sureka is a qualified Chartered Accountant and Company Secretary with vast experience in Accounts, Audit, Finance, Taxation & Costing. He is currently associated with a reputed Chartered Firm in Kolkata, from the past 4 years […]

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GlaxoSmithKline defends itself against activist Elliott, recognizing need for ‘improved and sustained value’

GlaxoSmithKline GSK, +0.06% has issued a formal response to investor Elliott Management’s public letter this week calling for a shake-up of the pharmaceutical giant’s board of directors and executive team. GSK, one of the U.K.’s largest companies by market capitalization, backed its strategy and chief executive, Emma Walmsley, after the U.S. activist fund called on […]

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McDonald’s shareholders reelect board members despite criticism over ex-CEO’s firing

Chris Kempczinski, McDonald’s, speaks during a press conference in New York, November 17, 2016. Shannon Stapleton | Reuters McDonald’s shareholders, based on preliminary results, approved reelecting all of the company’s board members during its annual meeting. McDonald’s stock was recently up more than 1% on Thursday. The fast-food giant was facing criticism from some investors […]

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Nidhi Granites appoints Kavita Shah as CFO

Nidhi Granites Limited has informed about the recent changes of Board of Directors in the Company. Rajkumar Thard the Chairperson along with Pushpa Rajkumar Thard, The Director Nidhi Aggarwal, Managing Director has  given the resignation. Niranjan Mehta has also resigned from the position of Chief Financial Officer of the Company. Devan Narendra Pandya appointed as […]

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Twitter promises reforms in proposed settlement of shareholder suits

Twitter Inc. on Monday announced a proposed settlement of three shareholder lawsuits that accused executives of falsely reporting user growth and engagement metrics, in some cases projecting growth that failed to materialize. Under the proposed deal, the San Francisco company’s board of directors would not pay a financial penalty but would be required to adopt […]

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