Akshata Murty, the wife of Britain's Prime Minister Rishi Sunak, stands to earn Rs 68.17 crore in dividend income from her shareholding in India's second-largest IT firm Infosys. Murty, daughter of Infosys co-founder Narayana Murthy, held 3.89 crore shares of Infosys at the end of December, according to company filings with the stock exchanges. Infosys declared a final dividend of Rs 17.50 per share for FY23 (April 2022 to March 2023).
'I tell those in their 20s that age is on their side and they should start exercising early.' 'Just like investing in good stocks, if they start early, they will get the multiplier effects of being healthy, fit and strong later in life.'
In the midst of a raging debate over allowing multinationals in the retail sector, Infosys mentor N R Narayana Murthy on Saturday favoured MNCs in the sector saying consumers will benefit from their entry.
'Varun was attacked with a knife by his attacker. He was ultimately taken to a Fort Wayne hospital due to the severity of his injury and was reportedly given a zero to five per cent chance of survival.'
In an interview with CNN-IBN, Infosys founder Narayana Murthy urges activist Anna Hazare to end his indefinite fast for the implementation of the Jan Lokpal Bill
Satyam's director Tarun Das had earlier said that the company had been approached by Indian and international IT companies and that the board would decide on it. Reports have suggested that engineering major L&T has expressed interest in acquiring Satyam, while Tech Mahindra is interested in the telecom business of the Satyam group.
Outgoing Infosys co-founder and chairman N R Narayana Murthy on Wednesday said the sacrifices made by his colleagues in the initial days of the company was unparalleled.
Actively managed debt funds with the flexibility to go long on duration made a strong comeback on the returns chart in 2023, thanks to softening bond yields. The average one-year returns of floater, long-duration, gilt, and dynamic bond funds, which ranged between 2.3 per cent and 4.5 per cent at the end of 2022, now stand at over 7.2 per cent, with some schemes delivering over 8.5 per cent, according to data from Value Research. Debt fund returns are inversely related to yields of underlying investments, meaning a decline in yields is positive for funds.
'When I told Mr Narayan Murthy, he said it was great that I was following my dream.'
Rishi Sunak married Akshata Murty in 2009, and the Prime Minister made a quick rise to power in the years that ensued.
Murty, daughter of Infosys co-founder Narayana Murthy, held 3.89 crore shares, or 0.93 per cent, of Infosys at the end of September, according to company filings with the stock exchanges.
'You ain't seen anything yet,' EAM Jaishankar says about the India-US relationship.
Software major Infosys Technologies Ltd is not pursuing its American Depository Receipt plans, as it feels the time is not conducive for another offshore listing and would opt for a "wait and watch" approach.
Rishi Sunak arrived in India for the first time after he took charge as the United Kingdom's prime minister on Friday, September 8, 2023.
Independent directors of Raymond Ltd on Friday said they are monitoring the situation arising out of the matrimonial dispute of company's Chairman and Managing Director Gautam Singhania to ensure it does not affect his capacity to manage the affairs and business of the firm. In a joint communication shared on BSE by the company, the independent directors also said they have decided to retain Berjis Desai, a senior independent legal counsel, who has no links with promoters or the company, for advising them.
Listening to Narayana Murthy and Prannoy Roy talk was a scintillating experience.
'If rate cuts happen, bond yields will come down and investors will make mark-to-market capital gains on them.'
Youngsters looking to settle abroad, especially the US, by working in the IT industry should opt for career growth within India, which offers larger growth opportunities than anywhere else in the world, Infosys mentor N R Narayana Murthy said.
We had asked readers to greet ISRO on the stupendous achievement of landing on the Moon, and they were prompt in celebrating ISRO's, and India's, success.
Proxy advisory firm Institutional Investor Advisory Services (IiAS) has asked independent directors of Raymond Ltd to consider appointing an interim CEO and investigate the allegations of assault by its chairman and MD Gautam Singhania on his wife and daughter, and the use of company funds for personal benefit. In an open letter to the company's five independent directors, IiAS also suggested they ask Singhania and his estranged wife Nawaz Modi, also a board member, to take time off from their responsibilities as board members. The five independent directors to whom the letter was addressed are Mukeeta Jhaveri, Ashish Kapadia, Dinesh Lal, K Narsimha Murthy, and Shiv Surinder Kumar.
Akshata Murty delivers a four-minute speech introducing her husband Rishi Sunak to the Conservative party conference in Manchester.
Fundraising via initial public offers (IPOs) dropped 52.2 per cent to $147.2 billion in the first eight months of calendar year 2023 (CY23), suggests a recent report by GlobalData, a London-based analytics and consulting company. At the country level, the report suggests, India topped the charts with 152 transactions worth $3.8 billion during this period, primarily due to a higher number of SME IPOs, followed by the US with 99 deals totaling $16 billion, while China ranked third with 88 transactions worth $32.3 billion. "An analysis of GlobalData's Deals Database reveals that there were 750 IPO listings registered with an aggregate deal value of $147.2 billion in the first eight months of 2023 on the stock exchanges worldwide.
At Rs 20,000 crore (Rs 200 billion), e-commerce has seen one of the fastest rates of growth in investment activity this year.
India has made a remarkable journey from a top-down system of economic decision-making to one that unleashed our entrepreneurial spirits but the next big jump lies in enhancing the quality of our tale.
Rishi Sunak, who is set to be Britain's first Indian-origin prime minister, recently said that he wants to change the United Kingdom-India relationship to make it a more two-way exchange that opens up easy access to UK students and companies in India.
The British and Irish prime ministers assemble with a former American president at an event in Belfast marking the 25th anniversary of the Good Friday Agreement.
Besides high portfolio yield, investors may enjoy capital gains in debt funds in 2023 as bonds rally in anticipation of rate cuts.
The India Abroad Person of the Year Awards, held at the National Museum of the American Indian in New York City on Friday June 12, honored 14 achievers in seven categories.
Britain's Prime Minister Rishi Sunak on Sunday visited the Akshardham temple here with his wife Akshata Murty and said it is not only a place of worship but also a landmark that portrays India's values.
Sunak is in India along with his wife Akshata Murthy to attend the two-day G20 Summit.
Constantine interviewed by Chennaiyin FC
One needs to bring differentiation to succeed: Murthy
In 1930, John Maynard Keynes predicted that by 2030 technology would be so advanced that three hours of work per day would suffice. Has AI brought about the transformation that Keynes predicted, asks Atanu Biswas.
Based on closed circuit television camera footage, the Visakhapatnam police nabbed the three youth from the area.
