Resignations

Three top executives resign from Axis Bank as lender rejigs leadership

Anil Agarwal, president and group head of institutional clients coverage, Vikas Shinde, who once headed the debt capital market team, and Jimmy Tavadia, group head of trading, have resigned

Noel Tata to step down as Voltas chairman a week after exiting Trent

Almost a week after stepping down as chairman of Trent, Noel Tata announced on Tuesday that he would also relinquish the chairmanship of another Tata group firm, Voltas. Addressing shareholders of the leading cooling products maker in its 72nd annual general meeting (AGM), Noel Tata, 69, said this would be his last AGM as Chairman of Voltas. "As you might be aware, this will be my last annual general meeting as Chairman," Noel Tata said in his address to shareholders. He said the company has developed its next generation of leaders through a combination of internal promotions and lateral hiring and expressed confidence in the management's ability to drive future growth. "The company has developed our next generation of leaders, from both in-house promotions and lateral hires. I am confident that with the close cooperation of seasoned practitioners and new talent, your company will continue to take big strides in all business segments," he said. Thanking shareholders, employees an

Axis Bank CFO Puneet Sharma steps down after more than six years

Sharma said he had largely achieved the objectives he set as CFO, including strengthening financial controls, building a resilient balance sheet and improving shareholder trust

Prabhjeet Singh of Uber India resigns, set to join ChatGPT maker OpenAI

Speaking on the development, a company spokesperson said India is one of Uber's most important markets globally and an important driver of innovation and long-term growth

Legal review reveals ex-chairman's charges 'not substantiated': HDFC Bank

Atanu Chakraborty didn't participate in the review, ignoring requests from the external law firms

Sunil Agrawal steps down as LIC chief financial officer effective July 14

Agrawal, who joined LIC in 2022 after stints at Reliance Nippon Life and ICICI Prudential Life, will step down effective July 14

After Starmer's exit, Britain prepares for its seventh PM in a decade

From Brexit and the pandemic to economic crises and party rebellions, the UK has experienced one of the most turbulent periods in its modern political history

Keir Starmer resignation: Top five Labour leaders who could succeed him

Keir Starmer resignation: From Andy Burnham and Wes Streeting to Angela Rayner, several Labour heavyweights are emerging as potential successors

UK's Starmer considers political future, could decide as soon as Monday

Keir Starmer weighed his future as PM amid growing Labour calls to quit after Andy Burnham's election win intensified leadership pressure

Donald Trump says Keir Starmer will step down as UK prime minister

Trump claimed Keir Starmer will resign as UK prime minister, blaming him for failures on immigration and energy policy

UK PM Starmer likely to resign on Monday amid rising pressure: Report

According to the report, the pressure on Starmer has intensified in recent months and escalated sharply after Labour Party rival Andy Burnham won a parliamentary seat on Friday

Air India CEO Campbell Wilson resigns, board forms panel to find successor

Campbell Wilson to stay on until successor is named as Air India navigates losses, fleet expansion, and restructuring amid heightened scrutiny following last year's crash

SAIL chief Amarendu Prakash resigns; Krishna Kumar Singh gets interim role

Steel Authority of India Ltd (SAIL) Chairman and Managing Director Amarendu Prakash has resigned from his post, effective April 2, following approval from the steel ministry, a regulatory filing said. In the interim, company's Director (Personnel) Krishna Kumar Singh has been given additional charge of Chairman and Managing Director for three months from April 2 to July 1, 2026 or until a regular incumbent joins or until further orders, whichever is earlier, as per a steel ministry order. In a filing to the BSE, SAIL said that Prakash tendered his resignation notice to the ministry on January 2. "The Competent Authority has approved his resignation from the post of Chairman and Managing Director, SAIL w.e.f. 1 April 2026. Accordingly, Amarendu Prakash, Chairman and Managing Director, SAIL has ceased to be a member of the SAIL Board, w.e.f. 1 April, 2026," the filing said. In his resignation letter to the government, he said, "I request for an early release and commensurate notice

Atanu Chakraborty's exit stems from power struggle with HDFC CEO: Report

HDFC Bank chairman Atanu Chakraborty resigned following disagreements with CEO Sashidhar Jagdishan, with sources citing a power struggle and differing views on leadership

Aditya Khaitan steps down from Kilburn Engineering board amid changes

Aditya Khaitan steps down as non-executive director of Kilburn Engineering, citing other commitments amid board-level changes within the promoter group

Kotak Mahindra Bank CTO Bhavnish Lathia resigns, Nilesh Chaudhari steps in

Kotak Mahindra Bank said CTO Bhavnish Lathia has resigned citing personal reasons and will step down in February 2026; Nilesh Chaudhari has been appointed his successor

UK leader's aide quits over Mandelson ambassador role, Epstein ties

British Prime Minister Keir Starmer's chief of staff resigned Sunday over the furore surrounding the appointment of Peter Mandelson as the UK ambassador to the US despite his ties to Jeffrey Epstein. Morgan McSweeney said the decision to appoint Mandelson as ambassador to the US in 2024 was "wrong" that he takes "full responsibility" for advising Starmer to do so.

ITC Infotech CEO and MD Sudip Singh steps down after seven years

ITC Infotech CEO Sudip Singh has stepped down after seven years, with president and COO Manas Chakraborty set to take over the top role

Ola Electric names Deepak Rastogi as new CFO after Harish Abichandani quits

Ola Electric said Deepak Rastogi is a veteran finance and business leader with over 30 years of experience in large, complex, capital-intensive industries, including automotive and manufacturing

Supreme Court rules resignation ends pension rights under CCS Rules

The top court last week clarified that under the Central Civil Service (Pension) Rules, resignation results in forfeiture of past service, which makes an employee ineligible for pensionary benefits