Resignations

Hindustan Construction MD Jaspreet Bhullar resigns with immediate effect

Hindustan Construction Company on Monday announced its managing director and chief executive Jaspreet Bhullar has quit with immediate effect. The company, however, did not disclose the reasons for the resignation. Bhullar sent his resignation letter to company chairman Ajit Gulabchand in the afternoon, and the same was accepted by the board later in the day, as per an exchange filing. "The Board ...has accepted his request for relieving him with effect from close of business hours of June 23, 2025," the filing said. Bhullar was appointed as the chief executive of the company in 2023 and given a five year term. He had joined the company from the Brookfield-run Multiplex Constructions India. The HCC scrip closed 1.02 per cent down at Rs 30.08 a piece on the BSE on Monday, as against a 0.62 per cent fall in the benchmark index.

Amitabh Kant steps down as G20 Sherpa, marks end of 45-year govt career

India's G20 Sherpa and former CEO of NITI Aayog Amitabh Kant announced his resignation from public service to 'embrace new opportunities'

Pine Labs CFO Marc Mathenz steps down ahead of $1 billion IPO listing

Group CFO Marc Mathenz has cited personal reasons for leaving Pine Labs as the company prepares to file its DRHP for an IPO expected to raise $1 billion later this year

Bank executive pays compensation for quitting too soon: SC says it's fair

Court's judgment in Vijay Bank case could shape how companies make employment contracts, say legal experts

IndusInd Bank's deputy CEO Arun Khurana quits over accounting lapses

This is the second high-profile exit from the bank in 2025

Federal Bank's Shalini Warrier resigns to explore new opportunity

Warrier, who joined the bank as the chief operating officer (COO) in 2015, took on the additional responsibility of business head of retail banking products in 2019

Summer deals: Ice-cream, beverage makers hot on boosting capacity

Lahori Zeera maker introduces 4 new products, more in pipeline

The push and pull factors behind leadership exits in Indian startups

India produced just six new unicorns in 2024, a steep drop from 24 in 2022. Despite total startup funding rising to $11.4 billion in 2024 from $10.9 billion in 2023

Canada's PM Justin Trudeau likely to resign as Liberal Party leader

At the time of filing this report, the Canadian Prime Minister's office had not provided a comment.

730 CAPF, NSG, AR personnel committed suicide in last five years: Govt

Over 700 personnel of Central Armed Police Forces, National Security Guards and Assam Rifles have committed suicide in the last five years, while 55,555 have resigned or taken voluntary retirement during the period, Rajya Sabha was informed on Wednesday. In a written response to a question, Minister of State for Home Affairs Nityanand Rai said 144 suicides were reported in CAPF, NSG and AR in 2020, 157 in 2021, 138 in 2022, 157 in 2023 and 134 in 2024, accounting for 730 cases in five years. The data cited by him showed that 47,891 personnel in CAPF, NSG and AR have taken voluntary retirement and 7,664 have resigned in the last five years. The minister said, generally, the working hours in the Central Armed Police Forces are eight hourly shifts. This, however, varies depending on operational exigencies. Necessary leave/training reserve is built in the structure of Battalions so that the personnel get rest and leave, he said. The minister said measures have been taken to implement a

Canadian cabinet backs Trudeau as some liberals prepare to confront him

Canada's deputy prime minister said she believes Justin Trudeau has the support of a majority of Liberals in Parliament as some prepare to confront him Wednesday in the hopes of convincing him to step down. Chrystia Freeland and other Cabinet members voiced support for the prime minister on Tuesday ahead of a broader meeting with colleagues. A number of Liberals have signed a letter hoping to persuade Trudeau to step down before the next election. It was unclear how many signed. "The vast majority of Liberal Members of Parliament support the prime minister, support him as leader of our government, support him as leader of our party and support him as the guy who is going to lead us into the next election, Freeland said. Freeland said she is more confident of that after meetings in the last 36 hours. The Liberal recently suffered upsets in special elections in districts the party has held for years, raising doubts about Trudeau's leadership. Losing a district in Canada's largest ci

50 senior doctors resign from RG Kar Medical College amid protests

Trainee doctor's death sparks further outrage at RG Kar Medical College as administration and authorities fail to act on junior doctors' demands to make the campus safer

70% of employees unhappy at work, 54% looking to quit, finds report

Among various industries, the Fintech sector is ranked as the happiest, with the Real Estate sector emerging as the least satisfied

Delhi CM Arvind Kejriwal to meet L-G today to tender resignation. Updates

Arvind Kejriwal resignation: Delhi Chief Minister Arvind Kejriwal is set to meet L-G VK Saxena at 4.30 pm today to submit his resignation

Wipro CTO Subha Tatavarti resigns to pursue opportunities outside company

Choudhary's resignation came after the Asia Pacific, India, Middle East, and Africa chief executive, Anis Chenchah, resigned. Both these leaders had joined Wipro from Capgemini

Fresh protests in Bangladesh, now students demand chief justice's ouster

Bangladesh unrest: Student protestors have surrounded the Supreme Court demanding the resignation of Chief Justice Obaidul Hassan and the judges of the appellate division

Amazon India head Manish Tiwary resigns, plans to join another company

Tiwary will continue with Amazon until October to help ensure a smooth transition

From iron fist to helicopter exit: The dramatic fall of Sheikh Hasina

Bangladeshi Prime Minister Sheikh Hasina's 15-year rule ended as she fled deadly protests, with the military announcing an interim government

Sheikh Hasina's resignation sparks hope & fear: What's next for Bangladesh?

As news of Hasina's resignation spread, scenes of jubilation erupted across the streets of Dhaka and other major cities

UPSC chairman Manoj Soni tenders resignation, cites 'personal reasons'

Manoj Soni resigned as UPSC chairman two weeks ago, but the top brass has yet to accept his resignation, sources reveal