Articles for tag: Attempts, Board, Burman, Conflict, Family, Fierce, Oust, Rashmi, reappointment, Religare, Rising, Salujas, Sparks, Tensions

Market News

Rashmi Saluja’s reappointment sparks fierce board conflict as Burman family attempts to oust her amidst rising tensions at Religare.

Rashmi Saluja’s reappointment sparks fierce board conflict as Burman family attempts to oust her amidst rising tensions at Religare.

Rashmi Saluja has been reappointed as a director of Care Health Insurance, a subsidiary of Religare Enterprises, with strong support from shareholders. Despite a challenge from the Burman family, who own a significant stake in Religare and wish to remove Saluja, the company confirmed she will stay on. Care Health’s board received legal advice indicating ...

Market News

Sebi Chairperson Madhabi Puri Buch faces conflict of interest allegations as the board meets to discuss tightening trading regulations.

Sebi Chairperson Madhabi Puri Buch faces conflict of interest allegations as the board meets to discuss tightening trading regulations.

The Securities and Exchange Board of India (Sebi) board is meeting today, September 30, 2024, amid conflict of interest allegations against Chairperson Madhabi Puri Buch from Hindenburg Research and the Congress party. These allegations include trading on unpublished price-sensitive information and potential financial ties to the Adani Group. During the meeting, Sebi may address regulatory ...

Market News

In a historic move, Satish Kumar becomes the first Dalit chairman of the Railway Board, surprising many with his appointment.

In a historic move, Satish Kumar becomes the first Dalit chairman of the Railway Board, surprising many with his appointment.

In a groundbreaking move, the Indian Ministry of Railways has appointed Satish Kumar as the new chairman of the Railway Board, marking a significant milestone as he becomes the first Dalit to hold this prestigious position. This historic appointment comes just a year after Jaya Varma Sinha made headlines as the first woman to lead ...

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