Wipro founder chairman Azim Premji on Monday said the pandemic has been a "magnifying glass" for structural inequities and injustices that exclude millions of citizens from a life of basic dignity, and has made clear the fundamental role of public systems.
The government on Friday admitted that providing more and better jobs to the young still remained a challenge, even as the Indian economy was back on a high growth path after hit by the global financial crisis for two years.
M&M recently roared past Tata Motors in auto sales for the first time.
After steering the company for 21 years, Tata will pass on the leadership baton to his successor designate and present deputy chairman of Tata Sons, Cyrus Mistry in December, when Tata turns 75.
Giovanni Bisignani, CEO of International Air Transport Association, said Delhi and Mumbai airports were one of the worst contributors to the crisis, for their 207 per cent hike in charges. "There is no room for this nonsense in our future. When demand drops, suppliers cannot divide the same costs among fewer customers. The shape of everything must change," he declared.
Prime Minister Narendra Modi on Tuesday told Russian President Vladimir Putin that a solution to the Ukraine conflict is not possible on the battlefield and peace efforts do not succeed in the midst of bombs and bullets even as he flagged concerns over a missile strike on a children's hospital in Kyiv.
"I don't think that it is government's view that the present inflation cannot be brought under control without FDI in multi-brand retail. We can bring inflation under control," Planning Commission Deputy Chairman Montek Singh Ahluwalia said.
India Inc on Tuesday described Finance Minister Pranab Mukherjee as industry's Sachin Tendulkar saying the veteran leader was steering the economy "with ease of a seasoned player" in difficult times.
Analysts believe for each of its businesses, RIL has underlined triggers that could boost profitability.
Low-cost carrier Kingfisher Red will shut down in four months with the airline group chief Vijay Mallya on Wednesday saying several measures have been initiated to face financial problems caused by high interest burden and burgeoning fuel costs.
The current BCCI joint secretary Sanjay Jagdale is all set to become the new secretary pipping hot favourite Ranjib Biswal as the media release issued by the board confirmed his nomination for upcoming Annual General Meeting that will be held in Mumbai.
Gautam Dasgupta would represent the Cricket Association of Bengal at the BCCI's Annual General Meeting to be held on September 27 and 28.
With a focus on financial literacy for women, Millennium Mams is an 18-year-old initiative started by Kolkata-based industrialist B K Dhanuka.
The company's debt is around four times its earnings before interest, taxes, depreciation and amortisation, raising concerns among investors as well as stock analysts.
It's mostly fun and games at annual general meetings of companies, but sometimes it is also a bit ugly. . .
Connor's nomination was announced by her predecessor, Sri Lankan legend Kumar Sangakkara, at the Annual General Meeting last year but she had to wait for a year to take charge due to COVID-19.
BCCI secretary Jay Shah took to his official Twitter handle to announce the historical development.
The Tata Tech IPO will be the first from the Tata group since TCS listed its shares in 2004.
Vodafone Idea (Vi) is working on a fresh business plan that could alter its funding requirements. Addressing shareholder queries at the company's annual general meeting (AGM) on Wednesday, Vi chairman Himanshu Kapania said the exact amount will be worked out upon submission of a new business plan. "The management is working on a new business plan and will come to the board with the funding requirements," Kapania told shareholders in his first AGM as chairman.
The government was put on the Wall of Shame at the annual general meeting of the International Air Transport Association in Singapore, along with the European Union Parliament and the governments of the UK, Germany and Austria, for imposing high taxes on air travel.
BCCI is expected to hold a discussion on matters related to women's IPL at its annual general meeting in September this year. Much of the planning around the tournament will be around sale of its media rights.
The Kumar Mangalam Birla-led Hindalco Industries is likely to raise $500-million through a QIP or by other routes this fiscal to finance its expansion plans.
Planning commission deputy chairman Montek Singh Ahluwalia on Tuesday said the government should consider general lowering of duty rates across sectors to avoid creating arbitrage under free trade agreements.
The Centre on Thursday hiked Dearness Allowance (DA) to 50 per cent of basic pay from the existing rate of 46 per cent effective from January 1 this year, benefitting over 1 crore employees and pensioners ahead of general elections. The Union Cabinet has approved to release an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners from January 1, 2024, representing an increase of 4 percentage points over the existing rate of 46 per cent of the basic pay/pension, to compensate against price rise, Union Minister Piyush Goyal said after the Cabinet meeting.
In a sweeping change in the appointment of national selectors, the Cricket Board has decided to empower its president to have a final say in choosing the panel of selectors.
Abiding by the Delhi High Court's directive, the Sports Ministry today withdrew its observer for the much-awaited Hockey India elections.
The world's largest independent telecom masts player GTL Infrastructure on Wednesday said its expects to complete the merger of Reliance Infratel's tower operations with itself by the middle of next month.
The group presently has 30 property under the brand name of Oberoi (luxury segment) and Trident (five-star) and the new additions would take the total number of hotels operated by the chain to 40 during the next three and half years. It also has a room capacity of around 4,400 rooms and the new additions would take the figure to 6,700 rooms during the period.
There are also concerns on the central government finances for the current fiscal, he said, adding, performance during the first half on the fiscal front poses some risks in both receipts as well as expenditure estimates.
The Indian information technology (IT) industry will need to move up the value chain to tackle competition from countries like China, Philippines and Vietnam, said Ratan Tata. The Tata Consultancy Services (TCS) chairman was addressing the 15th annual general meeting (AGM) of the company.
In a major setback to Infosys Technologies, the company announced that Mohandas Pai, the member of board of the company has decided to resign. Meanwhile, Infosys -- India's second largest software services exports firm -- posted a net profit rise of 17.1% y-o-y to Rs 1,818 crore (Rs 18.18 billion) in its net profit for the fourth quarter ended March 31, 2011 as compared to Rs 1,600 crore (Rs 16 billion) in the corresponding quarter a year ago.
After announcing his re-entry into telecom a few days ago following a patch-up with younger brother Anil Ambani, Reliance Industries' chairman Mukesh Ambani on Friday said that prospects of the sector were much brighter now than they were at the time when he had spearheaded the undivided group's foray.
This would be done either through strategic sale or initial public offering, ADAG chairman Anil Ambani told shareholders at the company's annual general meeting in Mumbai.
Jacob Mathew, executive editor of the Malayala Manorama Group of Publications, has been unanimously elected to be the president of WAN-IFRA at its annual general meeting in Dublin, Ireland.
However, the cricket Board's ruling combine threatened to move court against the decision of the observers.
The Committee of Administrators (COA) wants BCCI to appoint an Ombudsman and an Ethics Officer at the earliest to deal with any disputes leading up to its much-awaited Annual General Meeting and elections.
One of the richest persons in the world, Buffett is the chairman and chief executive of the conglomerate Berkshire Hathaway, which has holdings in diverse firms like Coca-Cola and Swiss Re.
The BCCI also decided to implement the contract system and graded payments for its players.
The Madras high court however directed the BCCI to consider an application from the Cricket Association of Pondicherry for associate membership at the meeting.
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