Latest Fortune India News & Updates

New Delhi, May 5 (IANS) Biocon founder Kiran Mazumdar-Shaw has named her niece Claire Mazumdar as her successor, outlining a formal succession plan for the biopharmaceutical company, according to a report.In an interview with Fortune India, Mazumdar-Shaw (73) said she sees Claire (37) as the right person to lead Biocon, a leading biopharmaceutical firm, into its next phase of growth.“I am the sole owner of Biocon, and I need to make sure that I put it in good hands. I have seen my niece Claire…

Mumbai, April 21 (IANS) HDFC Life Insurance Company has reappointed Vibha Padalkar as its Managing Director and Chief Executive Officer for another five-year term, according to a regulatory filing submitted to stock exchanges on Tuesday. The decision was approved by the company’s Board of Directors at its meeting, following a recommendation from the Nomination and Remuneration Committee.Padalkar’s new tenure will commence on September 12, 2026, and will run for five years, subject to approva…