Former BCCI president Narayanswami Srinivasan who has been at the centre of attention following Supreme Court's decision to allow modifications relating to the age-cap of 70 years for representation to the International Cricket Council.
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.
Exide Industries Ltd, the storage battery maker, has planned to tap the Russian market for its submarine batteries and has earmrked Rs 60 crore (Rs 600 million) for capacity expansion.
Former BCCI vice-president Rajiv Shukla has said the decision to slap ex IPL chairman Lalit Modi with a life ban was a "unanimous" decision and there was no ambiguity in the verdict by the cricket board.
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.
Strong macroeconomic headwinds causing turbulence in the $245-billion Indian IT industry are yet to calm down. Top Indian IT services companies are likely to post a decline or just marginal growth in sequential revenue in Q1FY24 because of a soft discretionary spending environment. Though the first quarter is seasonally strong for IT firms, "June 2023 will be an exception", according to analysts at Kotak Institutional Equities.
The Jagmohan Dalmiya group on Friday raised suspicion about who is funding the travel and accommodation of the three observers.
State-run Oil and Natural Gas Corporation on Wednesday said it will bring to production three offshore fields over the next 18 months.
United Breweries Ltd plans to invest about Rs 100 crore (Rs 1 billion) in establishing new Greenfield brewery plants in Orissa, Rajasthan and Uttar Pradesh, as well as expanding the ones.
A part of the process gas generated during the production of carbon black could be converted into power for sale
India's big retailers have tempting jobs lined up. Tune in.
Hindustan Lever Ltd will focus on 35 brands having better value and bigger role in consumers' lives and will reduce its prices to make them more affordable, the company said on Friday.
The Cellular Operators Association of India on Tuesday announced the appointment of Dilip Modi as its chairman for a period of one year.
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.
Chennai Petroleum Corporation Ltd, a subsidiary of the Indian Oil Corporation, is planning an investment of Rs 2400 crore during the 10th Plan period, M S Ramachandran, chairman of IOC group companies, said on Thursday.
Mukesh Ambani-led Reliance Industries Ltd announced on Tuesday a new crude oil discovery in the Krishna Godavari basin off the Andhra Pradesh coast.
The AGM will be held in keeping with a Supreme Court directive even though legal matters pending before the judiciary stand in the way of transacting business on the unfinished agenda.
