8 SEPTEMBER2024Salesforce hosted its second edition of the Trailblazing Women Summit in Hyderabad, India. The event, attended by more than 350 women in person and over 3000 registered for virtual live streaming, aimed to empower women leaders, drive workplace innovation, and explore the impact of AI on business.The summit with the theme `Igniting Innovation' was felicitated by influential speakers, including Salesforce India, CEO, Arundhati Bhattacharya; Salesforce SVP & Chief Equality Officer, Alexandra Siegel; and Popular Actress Shefali Shah, who spoke on resilience, leadership, and promoting inclusivity in the workforce management.Salesforce India's CEO hosted the summit focusing on empowering women to advance their careers. The summit highlighted the importance of leveraging transformational technologies, highlighting women leaders' achievements, and AI's role in business transformation. The summit also featured women leaders from Tata, Bisleri, Marico, and Pernod Richard India, discussing their experiences driving change, fostering creativity, and overcoming challenges.Salesforce, founded in 1999, is a global CRM Software and cloud-based solution. It offers tools for sales, customer service, marketing automation, analytics, and app development, and integrates AI through Einstein AI for predictive analytics. India's major oil firms, including Indian Oil Corporation, Bharat Petroleum Corporation, and Gas Utility GAIL (India) , have been fined for failing to comply with listing norms for the fifth consecutive quarter, highlighting the issue of board composition in major public sector enterprises. The sectors have failed to meet the requisite number of independent and women directors on their boards in the first quarter of the 2024-25 fiscal year, with stock exchanges BSE and NSE imposing fines on IOC, HPCL, BPCL, OIL, GAIL, and MRPL.The penalties are part of SEBI's regulatory enforcement, aimed at promoting better corporate governance and transparency. The non-compliance could impact investor confidence and governance standards. These companies have argued that the appointment was government-assigned and had no role in the process. However, these firms have faced fines in the past four quarters due to listing norms requiring independent directors and at least one woman on the board.IOC with Rs 5,36,900, BPCL with Rs 2,41,900, OIL, and MRPL each with Rs 5,36,900 have been fined by BSE and NSE for non-compliance with Regulation 17 (1) of the SEBI (LODR) relating to the composition of the Board of Directors during the quarter ended June 30, 2024. The oil grants have not complied with listing norms since April last year and have faced fines every quarter since then. IN FOCUSIN FOCUSSALESFORCE HOSTS 2ND `TRAILBLAZING WOMEN SUMMIT' EMPOWERING WOMENMAJOR INDIAN OIL FIRMS FINED FOR FAILING TO MEET WOMEN DIRECTOR ON BOARD NORMS
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