Latest news with #LODR
News18
4 days ago
- Business
- News18
Krumour steps up as Sebi strengthens norms on market rumour verification
Agency: New Delhi, Jul 27 (PTI) Krumour, a platform developed by media insights firm Kanalytics, is emerging as a go-to solution for companies to comply with regulatory norms that make it mandatory for large listed companies to confirm, deny, or clarify market rumours. Designed to monitor and analyse news across print, digital, television, and social media in multiple languages, Krumour helps companies identify potentially price-sensitive information and respond swiftly. It combines human expertise with algorithm-based monitoring and links media activity with real-time market price movements (MPM). The platform tracks media chatter across diverse channels and correlates it with MPM to detect potential material events. This allows compliance teams to act before regulators step in, reducing the risk of regulatory penalties and protecting market integrity. The Securities and Exchange Board of India (Sebi), in May 2024, notified an amendment to the Listing Obligations and Disclosure Requirements (LODR) rules, requiring large listed companies to confirm or deny any market rumour reported in the mainstream media within 24 hours of such reporting. The framework aims to protect retail investors, who are often vulnerable to losses caused by share price volatility. Following this, the top 100 listed entities began verifying market rumours from June 1, 2024, while an additional 150 listed entities (top 250) followed suit from December 2024 onwards. Market analysts believe that consistently monitoring stock price movements to determine if a material price movement has occurred — and scanning all mediums, including global sources — requires specialised expertise and infrastructure. Ashutosh, CEO of Kanalytics, said, 'A good solution needs trained talent, data, and technology. Offer credible, actionable end-to-end solution. You flood clients with data empowerment on time within minutes." 'Krumour is built for compliance and tuned for intelligence with news from pre-market to post-market hours through a hybrid of human curation and algorithmic filters. No wonder over 30 of the top 150 listed companies trust us today," he added. PTI SP TRB view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
6 days ago
- Business
- Time of India
IndusInd Bank's Chief Human Resources Officer Zubin Mody resigns
IndusInd Bank on Friday announced that its Chief Human Resources Officer and Senior Management Personnel, Zubin Mody, has resigned from his position after a two-decade-long association with the private lender. His resignation, submitted via a letter dated July 25, 2025, will take effect from the close of business hours on October 24, 2025. Explore courses from Top Institutes in Please select course: Select a Course Category Healthcare Cybersecurity PGDM Design Thinking Data Analytics Digital Marketing Product Management healthcare Technology Data Science Management MBA Project Management Finance Data Science others Leadership Artificial Intelligence MCA Degree Others CXO Operations Management Public Policy Skills you'll gain: Financial Analysis in Healthcare Financial Management & Investing Strategic Management in Healthcare Process Design & Analysis Duration: 12 Weeks Indian School of Business Certificate Program in Healthcare Management Starts on Jun 13, 2024 Get Details Mody's exit was disclosed by the bank in a regulatory filing made under SEBI's Listing Obligations and Disclosure Requirements (LODR) norms. The bank said the disclosure, along with Mody's resignation letter, has been made available on its website. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Providers are furious: Internet access without a subscription! Techno Mag Learn More Undo In his letter addressed to the bank's board, Mody wrote: 'After 20 years of a remarkable and fulfilling career with the Bank, I wish to pursue new opportunities outside. Hence, I have made this very difficult decision to resign from the services of the Bank.' He thanked the board, colleagues, and stakeholders for their support over the years. Live Events 'I take this opportunity to thank the Board, my colleagues and all stakeholders of the Bank for their trust and support during my tenure,' he said. Mody also assured a smooth handover. 'I am committed to ensuring a smooth transition and I am available to support the Bank during this period, as required. I wish the Bank and my colleagues the very best for the future," Mody was quoted as saying in his resignation letter. IndusInd Bank's board took the resignation on record during its meeting on Friday, it said in a statement to the exchanges. The bank did not name a successor and said Mody's departure is due to personal reasons related to exploring opportunities outside the organisation. The resignation marks the latest high-level change in leadership at the bank.
Business Upturn
6 days ago
- Business
- Business Upturn
IndusInd Bank's Chief Human Resources Officer (CHRO) Zubin Mody resigns after 20-year stint
IndusInd Bank has announced the resignation of Mr. Zubin Mody, its Chief Human Resources Officer (CHRO) and designated Senior Management Personnel. The resignation was tendered on July 25, 2025, and Mr. Mody will officially step down from his role at the close of business hours on October 24, 2025. According to the official disclosure filed with stock exchanges under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements (LODR), Mr. Mody is leaving the bank to pursue new opportunities outside. In his resignation letter addressed to the Board and CEO, Mody reflected on his '20 years of a remarkable and fulfilling career' at the bank. He expressed gratitude to the Board, colleagues, and stakeholders for their support and affirmed his commitment to ensuring a smooth transition. The disclosure, including his resignation letter, has also been made available on the Bank's official website in compliance with SEBI norms. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Business Upturn
6 days ago
- Business
- Business Upturn
IndusInd Bank's Chief Human Resources Officer Zubin Mody resigns after 20-year stint
By Aditya Bhagchandani Published on July 25, 2025, 20:10 IST IndusInd Bank has announced the resignation of Mr. Zubin Mody, its Chief Human Resources Officer (CHRO) and designated Senior Management Personnel. The resignation was tendered on July 25, 2025, and Mr. Mody will officially step down from his role at the close of business hours on October 24, 2025. According to the official disclosure filed with stock exchanges under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements (LODR), Mr. Mody is leaving the bank to pursue new opportunities outside. In his resignation letter addressed to the Board and CEO, Mody reflected on his '20 years of a remarkable and fulfilling career' at the bank. He expressed gratitude to the Board, colleagues, and stakeholders for their support and affirmed his commitment to ensuring a smooth transition. The disclosure, including his resignation letter, has also been made available on the Bank's official website in compliance with SEBI norms. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Business Upturn
7 days ago
- Business
- Business Upturn
Saurashtra Cement CFO Pradeep Mehta resigns, effective July 25, 2025
By Aditya Bhagchandani Published on July 25, 2025, 14:26 IST Saurashtra Cement Limited has announced that its Chief Financial Officer (CFO), Mr. Pradeep Mehta, has officially resigned from his position. As per the company's filing with BSE and NSE on July 25, 2025, Mehta's resignation will take effect from the close of business hours on the same day. The company stated that Mehta stepped down due to personal reasons and 'with great reluctance.' In his resignation letter dated May 26, 2025, addressed to the Managing Director, Mehta requested to be relieved in one month and asked for the waiver of the balance notice period. Saurashtra Cement affirmed that Mr. Mehta is committed to ensuring a smooth transition, including handing over responsibilities and supporting the team during the interim period. The company has disclosed this update in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015. The resignation details and a copy of the resignation letter were also shared as part of the disclosure. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
