Raymond re-appoints Gautam Singhania as MD amid divorce dispute
Raymond re-appointed Gautam Singhania as the managing director of the company for a term of five years.
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Raymond re-appointed Gautam Singhania as the managing director of the company for a term of five years.
On Friday, Raymond re-appointed Gautam Hari Singhania as the managing director of the company for a term of five years starting from July 1, 2024, as mentioned in an exchange filing.
The bench held that only the Chancellor (Kerala Governor) can make appointments to the post and not even the pro-chancellor can intervene in the matter. In the instant case, the bench noted that the chancellor had, in fact, issued a notification appointing Dr Raveendran to the post. However, even the said notification stood tainted by unwarranted interference of the Kerala government, the SC ruled.
CBDT Chairperson Nitin Gupta given nine-month extension on contract basis, as he was scheduled to retire on September 30.
RBI has four deputy governors – two from within the ranks, one commercial banker and another an economist to head the monetary policy department.