Cognizant CEO Ravi Kumar's annual compensation increased by 28 per cent to $21.5 million in 2025, while CFO Jatin Dalal's compensation dropped by 30 per cent to $7.08 million, according to a recent proxy statement.
The University of Madras has cancelled a lecture titled "How to Spread Christianity in India" after facing protests from student groups, Hindu organisations and outrage on social media. The lecture, scheduled for March 14, was part of the Sir S Subramania Ayyar Endowment Lecture series. The university stated that the department organising the lecture did not obtain approval from the university to conduct it. The ABVP, a student wing of the BJP, claimed credit for the lecture's cancellation, highlighting their commitment to preventing the promotion of biased ideologies within universities.
Of those infected, 45 are men and 21 women, according to officials.
The tractor-trolley, carrying about 50 people, was on its way to Ghatampur after the passengers attended a "mundan" ceremony at the Chandrika Devi temple in Fatehpur.
'I somehow felt that Muzaffar Ali was in Aligarh to feel the pulse of the Muslim youth, especially in the darker and harsher times that India is passing through,' notes Mohammad Sajjad.
Private equity firm Blackstone will buy out HP Enterprise's stake in Mphasis for up to Rs 7,071 crore, marking the largest IT deal for the US-based firm in India
Murthy has served as Mphasis' CFO since July 2009 and will continue in his role till June 3, 2014, the company said in a statement.
MphasiS, the IT and business process outsourcing service provider, has seen some changes in recent years. First, the Bangalore-based company promoted by Jerry Rao was acquired by EDS. Then, HP acquired EDS last year.
The IT and BPO services provider's CEO says there are no salary cuts yet, but can't say what will happen three months ahead. According to MphasiS' (interim) Chief Financial Officer, Susanto Banerjee, the company has already been working to so convert its fixed costs, "progressively over the quarters." It is also looking at fixed costs involving infrastructure. "We are thinking of having our future infrastructure on pay-per-use basis," he said.
The unprecedented rainfall in Chennai during the first week of December and the resultant flooding had impacted the business operations of companies operating in Chennai
Amid subdued demand for traditional information technology (IT) services offerings, Indian IT services players are betting on big data, as this is high on clients' agenda.
His approach to issues once prompted jurist Fali S Nariman to declare, 'When Krishna Iyer speaks, the nation listens.'
