Krishnan Venkat Subramanian resigned on Tuesday as the Joint Managing Director of Kotak Mahindra with immediate effect. Krishnan Venkat Subramanian In a letter addressed to shareholders and investors, Avan Doomasia, the Company Secretary of Kotak Mahindra Bank Limited, stated that Krishnan Venkat Subramanian, also known as KVS Manian, has resigned from his position as Whole-time Director designated Joint Managing Director …
The Supreme Court observed that it is not necessary to make an averment that a Managing Director or Joint Managing Directors were in charge of and responsible for the conduct of the business of a company to make them accused under Section 141 of the Negotiable Instruments Act, 1881.The court reiterated that impleading of independent and non-executive directors of a …
NCL Industries Limited, based in Hyderabad, are the manufacturers of Nagarjuna Cement. As part of the company’s earnings report for year ended March 2021, NCL Industries limited reported that sales rose 47.53% to ₹1383.68 crore against ₹937.87 crore during the previous year ended March 2020. The company’s Nagarjuna Cement brand is seeing continued demand from the trade segment, which contributes …
Apollo Hospitals Group has gone in for a major re-organisation of its top leadership with the twin objective of accelerating growth and furthering its strategic goals. Preetha Reddy, Managing Director, and Shobana Kamineni, Executive Director, have been re-designated as Executive Vice-Chairpersons of Apollo Hospitals Enterprise Limited. “This strategic re-alignment will enable Apollo to focus on growth opportunities in hospitals, pharmacies, …