PFS CEO R Balaji addressed the recent resignations of three independent directors, denying knowledge of any issues or difficulties in impartial functioning cited by them. He maintained board meetings were harmonious and the company boasts an independent board. Balaji confirmed ongoing communication with former directors while outlining PFS’s four-pillar transformation plan, expressing confidence despite emerging governance questions.
Jensen Huang’s Nvidia exit raises fears over the future of AI financing
Nvidia CEO Jensen Huang’s reported departure rattled global markets, triggering concerns over the chipmaker’s leadership, AI investments and data-centre financing strategy. Nvidia shares tumbled, while
November 12, 2026