BANKING & FINANCE ICICI Prudential Charts Promoter Shift Amid Prudential’s Bharti Life Deal

A proposed acquisition by Prudential Corporation Holdings Ltd is set to trigger significant governance changes at ICICI Prudential Life Insurance. In a regulatory filing, ICICI Prudential Life said its promoters, ICICI Bank and Prudential Corporation Holdings Ltd, have executed a Letter of Undertaking to address governance and management-related matters while Prudential pursues the acquisition of […]

CW Bureau · Jul 5, 2026

HOSPITALITY Apollo Hospitals Defends Recast Plan, Offers New Governance Safeguards

Apollo Hospitals Enterprise Ltd (AHEL) has reiterated its commitment to a proposed restructuring scheme aimed at unlocking shareholder value through the separation and independent listing of its pharmacy and digital health businesses, while announcing additional governance safeguards in response to feedback from shareholders and stakeholders. In a stock exchange filing, the healthcare major said it […]

CW Bureau · Jun 19, 2026

BANKING & FINANCE Keki Mistry’s Interim Tenure At HDFC Bank Gets Extended Until September

The Reserve Bank of India (RBI) has approved an extension of the tenure of Keki Mistry as Interim Part-time Chairman of HDFC Bank for a further period of three months, until September 18, 2026, or until the appointment of a regular Part-time Chairman, whichever is earlier. The extension comes amid the bank’s ongoing efforts to […]

CW Bureau · Jun 18, 2026

STARTUP/TECHNOLOGY Airtel Secures Shareholder Approval For Airtel Africa Stake Consolidation

Bharti Airtel Ltd has secured overwhelming shareholder approval for its proposed transaction to consolidate its stake in Airtel Africa plc, reinforcing investor confidence in the telecom major’s long-term growth strategy and corporate governance standards. The company said nearly 100% of its shareholders backed the proposal, which involves the issuance of equity shares to Indian Continent […]

CW Bureau · Jun 15, 2026

AUTO Rajiv Bajaj To Exit Bajaj Finserv Board To Fully Focus On Bajaj Auto Scale-Up

Rajiv Bajaj, Managing Director of Bajaj Auto, will step down from the board of Bajaj Finserv as he seeks to reduce external commitments and devote greater attention to the automaker’s expanding business interests, including its recent acquisition of KTM and the launch of new ventures. Will not seek re-election In a stock exchange filing on […]

CW Bureau · Jun 9, 2026

AUTO Tech Boost: Ravindran Shanmugam Appointed To Board Of TVS Motor

TVS Motor Company, part of the TVS Venu Group, has announced the appointment of Ravindran Shanmugam as an independent director on the company’s board for a period of five years with effect from May 13, 2026, subject to shareholder approval. The company said the induction is aimed at further strengthening the company’s corporate governance and […]

CW Bureau · May 14, 2026

STARTUP/TECHNOLOGY Skyline Ventures Files FIR Involving Ex-Directors Alleged ₹10.45 Cr Scam

Skyline Ventures India Ltd, a listed firm, has identified a suspected financial fraud based on preliminary findings and filed an FIR against former directors and associated persons. The development follows a series of transactions and governance lapses that have raised concerns over alleged fund diversion, misrepresentation and possible falsification of accounts, the company said in […]

CW Bureau · Apr 14, 2026

MANUFACTURING Boardroom Churn Gathers Pace As India Inc Sheds ‘April Fool’s Day’ Tag

April may traditionally be associated with April Fools’ Day, but in corporate India, it is increasingly becoming a marker of serious boardroom shifts and strategic resets. As the new financial year begins, companies across sectors are rolling out leadership changes that signal far more than routine reshuffles From automobiles and aviation and banking to manufacturing […]

CW Bureau · Apr 1, 2026

AUTO Venu Srinivasan Re-appointed As Chairman & MD Of Sundaram Clayton

Auto components major Sundaram Clayton Ltd (SCL) has reappointed Venu Srinivasan as its chairman and managing director with immediate effect, marking a significant leadership shift at the company. Transition follows chairman’s step-down The move follows the resignation of R Gopalan as chairman. Gopalan, however, will continue to remain on the board in the capacity of […]

CW Bureau · Mar 30, 2026

HOSPITALITY IHCL Bags Jamnalal Bajaj Award For Fair Business Practices In Service

In a strong endorsement of ethical leadership and governance excellence, Indian Hotels Company (IHCL) has been conferred with the prestigious 38th Jamnalal Bajaj Award (2025–26) for Fair Business Practices in the Service Enterprises–Large category. The recognition, instituted by the Council for Fair Business Practices (CFBP), highlights IHCL’s sustained commitment to transparency, accountability and responsible enterprise, […]

CW Bureau · Mar 25, 2026

RETAIL/FMCG Britannia Shareholders Confirms Rakshit Hargave As CEO & MD

Shareholders of Britannia Industries Ltd have formally approved the appointment of Rakshit Hargave as Chief Executive Officer and Managing Director for a five-year term beginning December 15, 2025. The company said around 80% of shareholders supported the resolution through a postal ballot conducted via remote e-voting on March 15. Britannia’s board had earlier approved Hargave’s […]

CW Bureau · Mar 16, 2026

MANUFACTURING KOEL Chairman Atul Kirloskar To Step Down On March 31; Rahul To Suceed

Kirloskar Oil Engines Ltd (KOEL) has announced that its Chairman, Atul Kirloskar, will retire from his position on March 31, 2026, on attaining the retirement age of 70. Kirloskar has been associated with the company for over 43 years in various executive and non-executive roles. He joined the company in 1983 and was appointed Executive […]

CW Bureau · Mar 10, 2026