Surendra Singh Sandhu has resigned from the position of Executive Director of Ashoka Refineries Limited with effect from November 20, 2023, citing health reasons. He has also ceased to be a member of the Stakeholders Relationship Committee of the company. The board of directors of Ashoka Refineries Limited accepted his resignation at its meeting held […]
Arun Khurana has been appointed as Whole-Time Director (Executive Director) of IndusInd Bank Limited Arun Khurana’s appointment as Whole-Time Director (Executive Director) of IndusInd Bank Limited: Name: Arun Khurana New Position: Whole-Time Director (Executive Director), IndusInd Bank Limited Effective Date: November 16, 2023 Term of Appointment: 3 years Approval: Arun Khurana’s appointment was approved by […]
Kotak Mahindra Bank (KMB) reported a 24% year-on-year (YoY) increase in standalone net profit to Rs. 3,191 crore for the July-September FY24 quarter, on the back of healthy growth in net interest income and other income. Details: Key takeaways: Overall, KMB’s Q2 FY24 results were positive and reflect the bank’s strong fundamentals.
major restructuring move, HDFC Bank has decided to split its retail loans division into mortgage and non-mortgage segments Here are the key details about HDFC Bank’s splitting of its retail loans division: . This move highlights the bank’s focus on expanding its retail loan portfolio and strengthening its presence in the retail lending market.
Reliance Industries Limited (RIL) has informed shareholders that the company’s three non-executive directors, Akash Ambani, Isha Ambani, and Anant Ambani, will not be paid any salary for their services to the board. However, they may still earn in crores through sitting fees and commission on the company’s profits. According to RIL’s annual report for 2022-23, […]
Yes, that’s right. Bhushan Vilaskumar Palresha has been appointed as Additional Managing Director of DS Kulkarni Developers Limited, effective from August 20, 2023. He has over 17 years of experience in the construction industry, and has held senior positions at various companies, including VTP Group and The Wadhwa Group. In his new role, Palresha will […]
