RIL BOARD DIRECTORS REMUNERATION
HCLTech appoints Amitabh Kant as independent director
The appointment, which was greenlit by the HCLTech board of directors, has been recommended by the Nomination and Remuneration Committee, the company said in a statutory filing. Effective September 8, the appointment is for a term of five years.
Hero MotoCorp appoints Harshavardhan Chitale as CEO
Hero MotoCorp has a new Chief Executive Officer. Harshavardhan Chitale is the new CEO. He has over three decades of global leadership experience. Chitale previously served as Global CEO of Signify’s Professional Business. Vikram Kasbekar, the Acting CEO, will remain on the board. He will serve as Executive Director and Chief Technology Officer.
Vice President of India: office with perks, but no regular salary
The Vice President of India doesn't receive a salary for the position itself, but rather for their role as Chairman of the Rajya Sabha, earning Rs 4 lakh monthly. They also enjoy perks like free accommodation and medical care.
Kalyan Kumar set to lead Union Bank as Lalit Tyagi may join Central Bank amid reshuffle
Kalyan Kumar is expected to lead Union Bank of India. Lalit Tyagi is likely to transfer to Central Bank of India. Asheesh Pandey is dropped from consideration for a top post. The Financial Services Institutions Bureau had recommended Pandey. Reserve Bank of India had previously raised concerns about Pandey. Union Bank has been without a head since June.
Qantas tightens purse strings on executive pay after data breach fallout
Qantas Airways has reduced bonuses for its CEO and team, acknowledging responsibility for a data breach affecting millions of customers. CEO Vanessa Hudson's bonus was cut by A$250,000, despite the airline posting near-record profits and a share price surge.
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Anil Ambani and Reliance Communications' loan accounts declared 'fraud' by Bank of Baroda
Bank of Baroda has declared the loan accounts of Reliance Communications Ltd. and its former director, Anil Ambani, as "fraud." This decision, communicated in a letter dated September 2, 2025, prompted Reliance Communications to announce that it will seek legal counsel to determine its next steps in response to this classification.
GST rationalisation progressive step, big booster to India's economic growth: Mukesh Ambani
Mukesh Ambani welcomes the government's GST reforms. He says it will boost India's economic growth. Isha Ambani states Reliance Retail will pass on the benefits to customers. The GST changes aim to make products cheaper and simplify business. Reliance Retail commits to transparently sharing cost reductions with consumers. The company believes this will benefit various stakeholders and strengthen consumer confidence.
UTI Asset Management announces appointment of Vetri Subramaniam as MD and CEO
UTI Asset Management Company has appointed Vetri Subramaniam as the next MD and CEO, effective February 1, 2026, succeeding Imtaiyazur Rahman. Rahman, who has led the company since 2018, will transition to a Strategic Advisor role. Subramaniam, currently CIO, will assume the role of "MD & CEO Designate" immediately, ensuring a seamless leadership transition.
Insurance law changes set to benefit global parents of JVs
Draft amendments to Indian insurance laws propose easing restrictions imposed in 2021, potentially benefiting global insurers like Generali and Ageas. The changes remove requirements for retaining profits and board composition, freeing up capital and reducing governance pressures. These reforms aim to attract foreign investment, simplify regulations, and deepen insurance penetration in India.
Injeti Srinivas likely to be appointed NSE chairman
NSE is poised to appoint Injeti Srinivas, former IFSCA chairman, as its new chairman, pending Sebi's approval, filling a two-year vacancy. Srinivas, already a public interest director on the NSE board, brings extensive experience, including his role in implementing the IBC. This move occurs as NSE prepares for its IPO and strengthens its board structure.
NSE appoints former IFSCA chairman Injeti Srinivas as Public Interest Director
The National Stock Exchange (NSE) has appointed Injeti Srinivas, former chairman of the International Financial Services Centres Authority (IFSCA), as a Public Interest Director on its board.
Pradhin Ltd plans to foray into steel, raw material exports, mulls bonus issue
Pradhin Ltd is considering a strategic expansion into the global steel and raw materials trading and export market, aiming to capitalize on shifting global trade dynamics. The company's board will meet on September 7 to discuss the expansion and a potential bonus issue of up to 10:1 to reward shareholders and improve stock liquidity.
DriveU cofounder Ashok Shastry steps down after decade of service
DriveU cofounder Ashok Shastry has stepped down from his day-to-day role after a decade. He remains on the board of directors. Shastry began serving as the chief operating officer in the company, and subsequently held multiple leadership positions, including chief growth officer and chief executive officer.
RBI clears reappointment of former Deputy Governor R Gandhi as Yes Bank chairman
Yes Bank announced that the Reserve Bank of India (RBI) has approved the reappointment of R Gandhi, former RBI Deputy Governor, as the part-time non-executive chairman. His term will extend from September 20, 2025, to May 13, 2027. Gandhi, a seasoned central banker with 37 years of experience, previously served as RBI Deputy Governor from 2014 to 2017.
Reliance Industries shares jump 2%. Is it about AGM or what China is doing?
Reliance Industries shares rose over 2% after two days of losses, driven by upbeat brokerage calls post-AGM and a Morgan Stanley report highlighting RIL as a key beneficiary of China’s anti-innovation push, supporting its energy, solar, and consumer businesses with strong long-term growth prospects.
Rs 2.4 lakh crore wiped out from Mukesh Ambani stocks in 1 year. Can Reliance drive the comeback?
Mukesh Ambani's ten companies collectively experienced a market value erosion of nearly Rs 2.4 lakh crore in the past year, with Reliance Industries leading the decline. Despite this downturn, brokerages remain optimistic about Reliance's long-term prospects in telecom, new energy, and AI, while concerns linger regarding the Jio IPO and its potential benefits for RIL shareholders.
Reliance Intelligence is the new Jio for Mukesh Ambani: Can AI leap help RIL become deep-tech giant?
Mukesh Ambani is making a bold AI push with the launch of Reliance Intelligence, promising "AI everywhere for every Indian." At RIL’s AGM, AI took center stage, signaling a shift from oil to deep tech. With $100 million in joint ventures, giga-scale data centers, and global partnerships, brokerages call it India’s most aggressive GenAI play yet.
Explained: What record-breaking Jio IPO means for 44 lakh Reliance Industries shareholders
Mukesh Ambani is gearing up for Jio's mega IPO — tipped as the "mother of all IPOs" – but Reliance Industries' 44 lakh shareholders may be sidelined. Unlike the Jio Financial Services spin-off, this listing won't give them direct shares. Instead, they'll benefit indirectly via RIL’s 66.3% stake, which may face a holding company discount from investors seeking direct exposure.
Reliance share price target at Rs 1,733? What CLSA, Morgan Stanley, other top brokerages said after AGM
Despite a recent dip in Reliance Industries' stock after its AGM, brokerages remain optimistic, setting target prices as high as Rs 1,733. The Jio IPO is anticipated to be a major listing, potentially re-rating telecom stocks, though a holding company discount could temper benefits for RIL shareholders.
NSE, BSE impose fine on MTNL over non-compliance with Sebi rules
Mahanagar Telephone Nigam Ltd (MTNL) faces penalties from the NSE and BSE, totaling ₹13.46 lakh, for failing to meet SEBI's board composition norms. The non-compliance includes the absence of a woman director and issues with audit, nomination, remuneration, stakeholder relationship, and risk management committees.
Reliance Jio IPO set for 2026, analysts see tariff hike and execution risks ahead
Reliance Jio is gearing up for a potential record-breaking IPO by the first half of 2026. While analysts see it as a major value-unlocking event, concerns remain over execution risks, holding company discounts, and missed opportunities from not pursuing a demerger. Jio’s massive scale, new product launches, and strong subscriber growth continue to fuel investor interest and speculation.
Tech jobs lead India’s hiring market despite slowdown: Report
While growth in tech hiring was not the fastest compared to some emerging sectors, it remained steady, with software development postings rising by 9.2% over the past three months. Data & analytics showed the highest growth, up 15.4% during the same period.
Reliance Jio IPO at $154 billion valuation? India's biggest listing and what investors need to know
Reliance Jio is gearing up for a record-breaking IPO by H1 2026, potentially raising up to Rs 67,500 crore and valuing the company at $154 billion. It would surpass all previous Indian listings, including Hyundai and LIC. With over 500 million subscribers and strong financials, Jio aims for global expansion, though analysts caution on valuation benefits for RIL shareholders.
Reliance bets big on green energy with mega solar, hydrogen moves
Reliance Industries is embarking on a comprehensive green energy strategy, aiming to establish the world's most integrated new energy ecosystem. RIL plans to significantly expand solar manufacturing, targeting 20 GW capacity, and focuses on green hydrogen production, aiming for large-scale production by 2032. The company envisions its new energy business rivaling its oil-to-chemicals sector within 5-7 years.
Jio Platforms set for market debut in first half of next year, says RIL Chairman Mukesh Ambani
Mukesh Ambani announced Reliance Industries will list Jio Platforms by the first half of 2026. The IPO could be India's biggest. It will offer exits to early investors. RIL is partnering with Google and Meta on AI. A ₹40,000-crore investment is planned for the FMCG business. Jio has over 500 million subscribers. The company will expand operations globally.
Afcons elevates Shapoorji Mistry as Chairman Emeritus, Krishnamurthy Subramanian as Executive Chairman
This leadership transition at Afcons not only marks a generational shift within the Shapoorji Pallonji Group but also reflects broader trends in corporate succession planning, where family involvement is balanced with professional management.
NTPC shares in focus on Rs 7,735 cr coal mining transfer plan to subsidiary
Top-performing asset management companies (AMCs) may soon face a valuation check as rising competition, regulatory scrutiny, and elevated stock prices draw investor caution. While fund houses have delivered strong growth and outperformance, analysts warn that premium valuations leave little room for error. Any slowdown in inflows or margin pressure could trigger a reassessment of their lofty pricing.
Reliance AGM 2025: When, where to watch and what to expect from the annual general meeting
Reliance Industries Ltd, under Mukesh Ambani's leadership, is set to conduct its 48th AGM on Friday, August 29, 2025, at 2:00 PM via video conferencing. Investors are keenly anticipating updates on the potential IPOs of Jio and Reliance Retail during the meeting. The event will be accessible on Reliance's official website and YouTube channel.
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