In 2019-20, Gopinathan had received a total remuneration of Rs 13.3 crore. According to TCS' annual report for 2020-21, Gopinathan received Rs 1.27 crore in salary, Rs 2.09 crore in benefits, perquisites and allowances, and Rs 17 crore in commission. TCS chief operating officer N Ganapathy Subramaniam drew a pay package of about Rs 16.1 crore in the last financial year. This includes Rs 1.21 crore in salary, Rs 1.88 crore in benefits, perquisites and allowances, and Rs 13 crore in commission.
Vaibhav Gehlot, son of Rajasthan Chief Minister Ashok Gehlot, was elected president of the Rajasthan Cricket Association (RCA) as his panel swept all six posts in a tension-ridden election of the state body.
In a dramatic turn of events in May 2019, an Emirates aircraft en-route to Dubai was asked to stop while it was taxiing for a take off in Mumbai. The pilot was given no reason and ordered to immediately return to the parking bay. As the aircraft returned to the terminal, two passengers from the first class - Naresh Goyal and his wife Anita - were offloaded by the immigration authorities, who said the duo cannot leave the country. Goyal, founder of Jet Airways, was stunned. The man, who ruled the aviation sector for two and a half decades with an iron hand, did not expect to be offloaded in this fashion.
Reliance Industries chairman Mukesh Ambani on Monday announced a Rs 2 lakh crore investment in deploying fifth-generation or 5G telephony with rollout in metro cities by Diwali. Jio, the nation's largest telecom operator, has deployed standalone 5G stack rather than upgrading the existing 4G network, to offer ultra-high speed internet, he said at Reliance Industries' 45th AGM.
The higher dividend will help Tata Trusts, which owns 67 per cent stake in Tata Sons, to invest in its charitable activities. The total dividend outgo will be Rs 404 crore.
Days after the BCCI appointed five-member new selection committee for the Indian cricket team, legendary spinner Bishan Singh Bedi has taken a dig at the Indian cricket board and the new selectors. The BCCI, on September 21, had named a little-known former India wicketkeeper-batsman, MSK Prasad, as the chairman of the new selection committee during its 87th Annual General Meeting in Mumbai. The former India captain slammed the board by taking to Twitter, where he called the new selection panel a 'bunch of jokers'.
'But for reasons not yet known, Jay Shah is still continuing as the BCCI secretary while Sourav Ganguly has been removed from the position. Our grievance is why Sourav Ganguly was let go from BCCI. We want to know on whose order it was done. We believe that there was injustice done to Ganguly.'
Indian telcos have been able to garner over 20 million 5G customers in less than four months after the official launch of the service last October, according to industry estimates. With telecom operators like Reliance Jio and Bharti Airtel aggressively rolling out their 5G services in over 190 cities across the country to date, India is now only behind China and the US in terms of the number of cities in a country where 5G services have been extended. Top executives in telcos say that the number of 5G subscribers in India is a conservative estimate and that it will rise as the roll-out gains momentum.
Many office-bearers of the Maharashtra Navnirman Sena (MNS) have resigned in protest after their party chief Raj Thackeray declared support to Prime Minister Narendra Modi and the BJP-led Mahayuti alliance in the state.
Reliance Jio is close to finalising its contract with telecom gear maker Ericsson to roll out its 5G network in Mumbai and Maharashtra and Kolkata and West Bengal in the first phase of its launch in October. And it is going with Nokia for the lucrative Delhi circle, and Chennai, which includes Tamil Nadu, say sources aware of the development. This is the first time that Jio is opting for multiple vendors.
'Byju's financials only reflect the core business. At a group level, they are experiencing substantial losses.'
Billionaire Mukesh Ambani's children -- Isha, Akash and Anant -- on Monday were appointed on the board of his energy-to-technology conglomerate Reliance Industries Ltd, in what is seen as a clear path of succession planning at India's most valuable company.
The two troubled Indian Premier League franchises, Chennai Super Kings and Rajasthan Royals, can breathe easy as members of the Board may not push for their termination at the Working Committee meeting to be chaired by newly appointed President Shashank Manohar in Mumbai on Sunday.
Air India's debt burden is estimated to be more than Rs 50,000 crore, besides huge accumulated losses.
Campa is set to take on its competition, which pushed it out of the aerated drinks business in the late 1990s, but this time with a new owner - Reliance Industries. Campa's entry comes at a time when aerated drinks as a category is already saturated. But experts say this could give rise to competition in the segment, eventually causing the space to grow.
'Some of the associations have not got funds for three years and they don't have reserves while others have done infrastructural work by digging into fixed deposits. Now they are supposed to get at least 105 crores (Rs 35 Cr x 3 years) plus interest. But I don't think anyone will get that kind of money at one go'
Shobha Kapoor and Ekta Kapoor, managing director (MD) and joint MD of media firm Balaji Telefilms have failed to obtain requisite votes on resolutions pertaining to their remuneration. According to stock exchange disclosure made by the company, the two separate special resolutions on setting their salaries for the next years got 56.77 per cent and 55.45 per cent 'against' vote.
'If a Brahmin child by birth is poor then he must get reservation benefits rather than an OBC child who is rich and born in a rich family.'
Hails country's recent digital highways and predicted India to become digital content capital of world.
IPL spot fixing case petitioner Aditya Verma and politician Subodh Kant Sahay requested the Supreme Court to appoint Justice R M Lodha as observer for the BCCI elections on March 2 besides ensuring that the Annual General Meeting is held in Mumbai and not in Chennai.
The Board of Control for Cricket in India will hold it's Annual General Meeting on September 21 as per its existing constitution and is expected to wait for the Review petition verdict before getting into the implementation phase of the Lodha Committee Reforms.
Former medium pacer Kuruvilla, who was backed by Mumbai Cricket Association (MCA) bigwigs, was preferred over a more decorated Ajit Agarkar from the west zone.
He said the Board will have to strengthen its Anti-Corruption Unit to deal with these kind of issues.
The Indian Olympic Association on Monday said it will bid for either the 2026 or 2030 Commonwealth Games while also agreeing to withdraw its boycott call for the 2022 Birmingham edition over shooting's exclusion. The country hosted the 2010 edition in New Delhi.
Yuvraj represented six different franchises in the lucrative franchise tournament and was part of two IPL winning teams
With the shadow of the Supreme Court-appointed Justice Lodha panel recommendations hanging over its head, the BCCI will be conducting its 87th Annual General Meeting in Mumbai on Wednesday, with election of its honorary secretary being one of the priorities on the agenda.
The Board of Control for Cricket in India at its working committee meeting in Mumbai on Sunday has decided to pay an annual honorarium of Rs 25 lakh to each of five selectors of the national selection committee. The decision will come into effect only after the annual general body meeting of the Board, which will be held at the Cricket Centre in Mumbai on September 27 and 28.
As many as 3.2 lakh shareholders attended the meeting on the newly-minted JioMeet platform from 550 cities in 48 countries.
The 21st AGM of the company is scheduled to be held in Mumbai on Friday.
Some of the key faces for various posts will be former India skipper and Hyderabad Cricket Association president Mohammad Azharuddin, former India captain and Cricket Association of Bengal president Sourav Ganguly, former Test player and Karnataka nominee Brijesh Patel.
All directors, key officials, and shareholder speakers will be visible and audible and thousands of shareholders, including those from the US, UK, Canada UAE, Japan, HongKong, Singapore, Malaysia, and Australia, will be able to post their questions and eVote on resolutions.
Gold is an excellent asset class for diversification and should be included in all long-term portfolios.
Manipur, Uttar Pradesh, Tamil Nadu, Haryana, Maharashtra, Railways, Services and Association of Indian Universities (AIU) will not have any voting rights in case there is an election during the BCCI AGM on October 23.
The amount from securitisation has been utilised to repay rupee debt, saving significant interest costs for the company.
While the remainder of the IPL has been shifted to the United Arab Emirates between September 15 to October 15, the BCCI doesn't want to let go the opportunity of hosting the T20 World Cup in October-November.
Full-service airline Tata-SIA, submitted its application for the grant of Air Operator's Permit (AOP or flying license) in April.
The Supreme Court on Monday will take up the final report on the Indian Premier League (IPL) spot-fixing scam submitted by a committee headed by Justice (Retired) Mukul Mudgal on November 3.
The revenue also rose 14.2 per cent to Rs 29,305 crore (Rs 293.05 billion).
Isha and Akash, 23, were appointed to the boards of Reliance Jio Infocomm Ltd and Reliance Retail Ventures Ltd, the company said.
As a follow-up to the views expressed by Shashank Manohar soon after being re-elected as BCCI president earlier this month, the Board of Control for Cricket in India is all set to appoint an Ombudsman at its Annual General Meeting which will be held at its headquarters in Mumbai on November 9.
