Sikka ranks 35th in the list.
After guiding Infosys to become one of the most admired IT companies in the world, N R Narayana Murthy will step down as its executive chairman on Sunday, amid firm indications that he would continue to call the shots.
Analysts are of the opinion that 55 may emerge as the new age to retire for techies in India
The index widened its loss towards the fag-end on emergence of intense selling in heavyweights like ITC, RIL and ICICI Bank. In percentage terms, however, Sun Pharma was the biggest loser with 9.39 per cent drop. Intra-day, the pharma major's shares tanked over 20 per cent.
At a time when speculation was rife about its course after the organisational rejig last week, Infosys on Friday validated the changes, exuding strong faith in its leadership pipeline and gave a clear signal that the company was unperturbed by the slew of senior exits in the recent past.
When it comes to key hands-on management positions, India Inc is still largely run by men.
There will be different ways of returning the money, depending on the profile of the depositors and the amount, predicts Tamal Bandyopadhyay.
Kamath also served on the board of Infosys.
Most of the hirings are, however, in the entry or junior level.
As record stock market rally continues, the value of shares directly owned by next-generation business leaders at 20 major corporate houses has soared over 18 per cent to Rs 17,000 crore.
The latest updates from the Kannada film industry.
Indian IT players, over the past few years, have pressed the paddle on re-training of their employees as new technologies take centre-stage.
Former iGate CEO Phaneesh Murthy, who was sacked by the US-based IT services firm for failing to disclose his relationship with a subordinate in May this year, has slapped the company with a law suit.
The idea that technology and startups with newer business models will not disrupt traditional businesses has been thrown out the window.
Reflecting the bearish mood, all sectoral indices, led by metal, teck and healthcare, ended in the negative zone.
The BSE Midcap and Smallcap indices underperformed the largecaps and ended over 1% lower.
Investors sought to book profits at attractive valuations after recent run up in last few trading sessions.
In a circular dated May 20, Sebi had directed the listed companies to evaluate the impact of Covid-19 on their capital and financial resources, profitability, liquidity position, assets, and ability to service debt. Instead, companies have spoken about the number of plants, warehouses and distribution centres that have resumed operations; work-from-home and safety measures undertaken for employees; and the labour shortage they are facing.
The financial year ending Saturday saw such big-ticket events that set the directional tone for the country's business journey.
IT services firms would no longer focus on large volume hiring from campuses like they did at least two to three years ago, as demands of clients are changing.
Kiran Vissa, co-convenor of National Alliance for Sustainable Agriculture, said that amendments to the EC Act have nothing to do with farmers' welfare but instead meant to please big players and agriculture companies. This is because small and marginal farmers don't have the storage capacity to attract provisions of the EC Act.
'We are on a whole different level of complexities and fundamental change is happening in the industry. There is a need for organisations to design themselves to deal with such complexities.'
Textile and telecom shares have gained ahead of the Cabinet meet later today which is likely to announce new measures for both the sectors.
The 30-share Sensex ended down 208 points at 28,261 and the 50-share Nifty closed 64 points lower at 8,571.
The Reserve Bank of india is likely to tell state-run United Bank of India (UBI), which has seen erosion of capital due to bad loans and higher provisioning to implement prompt corrective action.
HCL's president & CEO Anant Gupta talked to Business Standard about the demand environment, its in the European market and Roshni Nadar's induction into the company's board of directors.
They are making switch to the high-growth alternative investments fund industry, reports Pavan Burugula.
The strategy of returning cash to shareholders through stock purchases could hinder their digital expansion plans
Real estate firms like DLF, Prestige, Phoenix Mills to benefit.
Urjit Patel as the new RBI governor whose focus is on taming inflation has lowered the probability of interest rate cut soon
The Department of Post, Tech Mahindra, Videocon Group and stock exchange NSE have joined big corporates like Ambanis and Birlas to seek entry into banking business through newly created niche category of Payments and Small Finance Banks.
The board meeting is likely to take place later in Shanghai.
The Sensex ended down 134 points at 28,559 and the Nifty ended 35 points lower at 8,554
The broader markets outperformed the benchmark indices- BSE Midcap and Smallcap indices gained 0.4% each
His compensation in FY17 was more than the combined salaries of the entire boards of TCS, Wipro and Infosys. 'I am a self-made man from a very modest background,' Tech Mahindra's CEO C P Gurnani tells Shyamal Majumdar.
Constantly evolving rules and anomalies over tax treatment have constrained corporate programmes in the first year that the government's CSR mandate has been in force.
Silicon Valley techies and investors who were at Prime Minister Narendra Modi's Digital India dinner analyse the parlay for Ritu Jha.
Maharashtra has reported 31 positive cases, Kerala 19, Uttar Pradesh 11, Delhi and Karnataka six each, Ladakh three, Jammu and Kashmir, Rajasthan and Telangana two each; and Tamil Nadu, Andhra Pradesh and Punjab one case each. The total number of confirmed cases also includes 17 foreigners -- 16 Italian tourists and a Canadian, it said.
Will Arundhati Bhattacharya be the RBI's first woman governor? Or will Urjit Patel succeed Raghuram Rajanas RBI governor when his term ends on September 4?
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