Gupta was at the helm of SECI from June 2023 and his tenure was supposed to end next month. The sudden termination order came even as the government is yet to initiate the process of finding a replacement.
With funding drying up, a number of companies, including the most well-funded, have laid off large numbers of employees since the beginning of 2022 impacting close to 20,000 staff, according to data compiled by Moneycontrol.
Anurag Thakur, who was today sacked as BCCI president for obstructing Lodha panel reforms, took a subtle dig at the Supreme Court's order saying that if the apex court feels the cricketing body will do well under the guidance of retired judges, "I wish them all the best".
The selection process for appointing chief executives to eight public sector banks will start on November 13 and the appointments will be made by November end, banking secretary GS Sandhu has said.
Financial Technologies (India) Ltd (FTIL), the promoter of National Spot Exchange Ltd (NSEL), today said the company's two directors R Devarajan and PR Barpande have resigned from the board.
Bihar Chief Minister Nitish Kumar on Sunday sacked all 11 BJP ministers in his Cabinet following the JD(U)-BJP split. Nitish had told Governor DY Patil that he wanted all the ministers sacked as they had stopped attending office.
iGate Corp has sacked its President and CEO Phaneesh Murthy over sexual harassment claims. The company has named Gerhard Watzinger as the interim CEO and the board will now search for an industry veteran for a permanent appointment.
Air India (AI) on Monday sacked 30 more striking pilots as the agitation by over 200 pilots entered the fourteenth day with no signs of a resolution to end the impasse
Adopting a 'carrot and stick' approach towards the 11-day Air India pilots' stir, government on Friday indicated it could take back all those sacked, barring the Indian Pilots Guild (IPG) office-bearers
Air India services remain crippled for the eighth day today due to the pilots' strike with the ailing airline operating just ten per cent of its overall flights including 10 each from Mumbai and Delhi.