APPOINTMENT
Air India considers departed Garuda CFO for top finance position
Most recently, Kunduvara was finance chief for Garuda Indonesia, a position he recently left after holding the job for little more than a year. Prior to that, he spent more than two decades at Singapore Airlines, which is a partial owner of Air India alongside conglomerate Tata Group.
When will DC Studios leadership change come into effect, and will James Gunn and Peter Safran still work with DC Studios?
DC Studios will see a change in leadership as James Gunn and Peter Safran will resign from their role as co-CEOs on December 1, 2026. Former Marvel Studios executive Jeremy Latcham will be stepping in as President and Chief Creative Officer. Gunn and Safran will continue their creative and producing roles and Latcham will manage the film, TV and animation projects at DC.
CEO, managing director or executive? The confusion over Alice Huang’s real role at Nvidia customer Megaspeed
Alice Huang has been described as Megaspeed’s CEO, managing director, founder and senior executive, but the available corporate records confirm only her director and managing director roles. As the Nvidia customer faces scrutiny over alleged chip diversions to China, questions remain about Huang’s position and her connection to the company.
Sarvam names Google Cloud India head Sashikumar Sreedharan as president & chief business officer
Sashikumar will additionally join Sarvam's board of directors. He will lead the company's business across enterprises and government, while expanding its engagement with digital-native companies, developers and partners.
Gokul Dairy row: Thousands take to streets in Kolhapur against Maharashtra government's decision to appoint directors
Thousands of people participated in a march in Kolhapur to protest against changes to Gokul Milk Cooperative voting rules. The Congress accused the BJP-led Maharashtra government of trying to take control following recent elections. Following a dispute over voting rights, the BJP's strength in the cooperative increased from 12 to 16 seats. Chief Minister Devendra Fadnavis defended the decision, claiming it was necessary to address quorum issues.
Jindal, Italy's Arvedi bid for former Ilva steelworks
Jindal and Italy's Arvedi Group have submitted binding bids for the troubled Ilva steelworks. The site is currently overseen by government-appointed commissioners due to long-standing financial issues. Prime Minister Giorgia Meloni's government aims to secure the site's steel production and protect jobs. Complications have arisen after a court ruling mandated the shutdown of blast furnaces due to health concerns.
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'Trump has cost us': After midterm losses, MAGA asks if it's over
MAGA supporters are reflecting on the recent midterm election losses and their implications for the movement. Many are questioning Trump's role in the party's electoral failures and expressing frustration with party leaders. The elections have raised concerns about the future direction of the MAGA movement, prompting some to call for a re-evaluation of its goals. Discontent over economic issues like living costs has contributed to this disillusionment among supporters.
Binance CFO Kaiser Ng steps down, Justin Yek named new finance chief
The announcement comes just over a week after Binance said hackers stole cryptocurrency in a sophisticated attack that began months earlier with the compromise of several employees' computers.
DA hike: Diwali bonanza for UP govt employees, 63% raise announced; revised rates effective from July 1
The revised allowance will be reflected in the November salary, while the arrears for the preceding four months will be deposited separately into their provident fund accounts. The announcement comes ahead of Diwali, with the revised allowance set to benefit a large section of the state's workforce.
Trump replaces Susie Wiles with Stephen Miller as White House chief of staff after GOP's midterm defeat
Stephen Miller has been appointed as White House chief of staff following Susie Wiles' resignation after the midterm elections. Wiles served admirably and will remain involved with Trump's political organization despite her departure. Miller, a key figure behind Trump's strict immigration policies, now faces increased scrutiny from a Democratic Congress. Wiles had a notable tenure, characterized by disciplined campaign leadership despite personal health challenges.
SC rejects plea for rules on appointment of ministers with criminal cases
The Supreme Court rejected a public interest litigation seeking guidelines for ministerial appointments facing criminal charges. The court noted that setting uniform standards could lead to issues like political vendetta. The bench emphasized the discretion exercised by prime ministers and chief ministers in appointing ministers. Previous judgments highlighted the importance of responsible decision-making regarding criminally charged individuals in these roles.
NCLT declares Videocon’s Venugopal Dhoot bankrupt in SBI’s Rs 12,668 cr claim
The NCLT has declared former Videocon chairman Venugopal Dhoot bankrupt in proceedings initiated by SBI over personal guarantees for loans extended to the group. The order follows the rejection of his Rs 600 crore repayment proposal, backed by a proposed Siliguri real estate project, against total admitted dues of Rs 12,668 crore.
RBI approves Balaji Nuthalapadi as interim CEO of Equitas SFB
Balaji Nuthalapadi is appointed as the interim chief executive officer at Equitas Small Finance Bank. He will serve a period of three months starting from November 6. This appointment follows the immediate relief of outgoing CEO PN Vasudevan, who requested his departure. The bank board accepted his request and made the appointment swiftly. This transition reflects a significant change in the bank's leadership structure.
Voltas names Noel Tata chairman emeritus; Q2 profit rises 53.5%
Voltas has announced the appointment of Sunil Alaric D’Souza as the new chairman. Noel Tata will step down as chairman on November 11, 2023. The company also designated Jayant Balan as managing director starting from May 25, 2027. Voltas recently reported significant financial growth with a 53.5% increase in quarterly profits. The leadership changes coincide with improved demand for the company's air conditioning products.
Senior IPS officer Rajesh Kumar on Friday took charge as the new Director General of Police (DGP) of Arunachal Pradesh
Rajesh Kumar has taken charge as the new Director General of Police for Arunachal Pradesh. He succeeded Shiv Darshan Singh Jamwal, who was transferred to Delhi earlier this month. Rajesh Kumar held discussions with Home Minister Mama Natung about improving peace and security in the state. Protests against the proposed 11,200-MW Siang Upper Multipurpose Project have intensified, resulting in violence and arrests.
Shriti Vadera appointed adviser to Britain's finance minister
Shriti Vadera has been appointed as an adviser to Britain's finance minister John Healey. She will focus on the government's role in the G20 international forum next year. Vadera will provide guidance on development finance and policy implementation from now until July 2027. Her previous experience includes serving as an international development minister and advising Britain's Treasury. Vadera also holds leadership positions with the Royal Shakespeare Company and Prudential.
NCLT declares Videocon promoter Venugopal Dhoot bankrupt on SBI plea; appoints bankruptcy trustee
The National Company Law Tribunal (NCLT), Mumbai Bench, has declared former Videocon Industries promoter and director Venugopal Nandlal Dhoot bankrupt on a petition filed by the State Bank of India (SBI), after the failure of his personal insolvency resolution process and repayment plan.
Gokul row fuels Opposition's 'vote chori' campaign against Maharashtra govt
A political struggle has emerged over recent appointments to the Gokul Milk Cooperative by the state government. Opposition parties argue that this move undermines the democratic process established by the farmer elections. The Congress party claims that the government's actions represent an attempt to seize power through illegal means. Supporters of the government argue that the appointments are necessary to resolve a deadlock within the cooperative.
UGC to relook controversial caste discrimination, ragging rules: Govt tells SC
The Centre has told the Supreme Court that it is considering appointing a committee to revisit the UGC's 2026 regulations on caste discrimination in higher education institutions. The submission comes after the top court put the rules on hold in January, citing concerns over vague provisions and their potential consequences.
Democrats’ Senate win could shield Federal Reserve from Trump’s influence, but risks persist
Democrats’ midterm victory could strengthen the Federal Reserve’s independence by limiting President Donald Trump’s ability to appoint allies to its board. A Democrat controlled Senate could also intensify scrutiny of Fed Chair Kevin Warsh, with Elizabeth Warren likely to lead the Senate Banking Committee and challenge the administration’s banking reforms.
Maharashtra clears move to appoint directors in big cooperatives, Opposition cries foul over Gokul
The Maharashtra government has approved a proposal allowing it to appoint five directors to cooperatives with annual turnover exceeding Rs 500 crore, including Gokul Dairy. The move has triggered Opposition protests, with Congress alleging an attempt to override the mandate of elected board members and gain control of the Kolhapur-based cooperative.
Herjit Bhalla joins Dabur board as CEO Mohit Malhotra steps down
Dabur India has announced a leadership transition, with Global CEO and Whole-time Director Mohit Malhotra resigning from his positions effective November 13, 2026, after more than three decades with the company. Malhotra is set to take up a leadership role overseas. Dabur has appointed India business CEO Herjit Singh Bhalla as Additional Director and Whole-time Director for five years, effective November 14, subject to regulatory approvals.
Equitas Small Finance Bank shares jump 9% after Balaji Nuthalapadi’s appointment as interim CEO
The bank further said that appointment of Nuthalapadi as interim CEO, consequent to the resignation of P. N. Vasudevan as the MD & CEO, shall take effect from the date of RBI approval or such other date as may be stipulated by the RBI in this regard.
Equitas Small Finance Bank names Balaji Nuthalapadi interim CEO following PN Vasudevan's resignation
Equitas Small Finance Bank has appointed Balaji Nuthalapadi as the interim chief executive officer. This decision comes after the resignation of PN Vasudevan last week. The appointment awaits approval from the Reserve Bank of India before finalization.
V-Mart appoints Varin Agarwal as merchandising head
V-Mart Retail has appointed Varin Agarwal as the new head of merchandising effective November 3, 2026. The appointment follows the company's recent financial report, which shows a net loss of Rs 16.34 crore for the September quarter. Agarwal previously served in a leadership capacity at US Mobile, contributing to significant revenue growth and improving customer experiences.
Alkem Laboratories appoints Amrut Naik as CEO
Alkem Laboratories announced the appointment of Amrut Naik as its new Chief Executive Officer. His appointment is effective from November 11, following board approval and nomination committee recommendations. Naik has more than 26 years of experience in various areas, including pharmaceuticals and biologics. He holds both a bachelor's and master's degree in pharmaceutical science alongside a PhD in pharmacology.
Justice Narasimha recuses from plea to finalise judges’ appointment MoP and bring Collegium decisions under RTI
Supreme Court Justice PS Narasimha recused himself from a case regarding the Memorandum of Procedure for judicial appointments. The plea, filed by NGO Lok Prahari, seeks to finalize the MoP as it has been pending since 2015. This procedure governs the appointment and transfer of judges to higher courts in India. The petition also calls for enhanced transparency in the selection process and access to Collegium meeting minutes.
DHL Express appoints Sandeep Juneja to lead business in South Asia and India
DHL Express has appointed Sandeep Juneja as senior vice-president for South Asia and managing director for India, effective November 1. He succeeds R S Subramanian, who will move to Blue Dart as managing director.
IREDA appoints ex-REC executive Jatin Kumar Nayak as CMD
Jatin Kumar Nayak has taken charge as the Chairman and Managing Director of Indian Renewable Energy Development Agency. Before this position, he served as Executive Director of Finance at REC Ltd and has three decades of experience. His previous roles include working with NHPC, Hindustan Copper, and National Aluminium Company Ltd. Nayak holds a Master's degree in Commerce and is a qualified Company Secretary.
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