News for 'CFO'

From the Editors: How we chose our winners

From the Editors: How we chose our winners

Rediff.com24 Mar 2007

What is it about these Indian-Americans that made India Abroad want to honour them?

CCD board to probe Siddhartha's transactions, plans to monetise assets

CCD board to probe Siddhartha's transactions, plans to monetise assets

Rediff.com1 Aug 2019

Among other things, the company is considering monetising the Global Village tech park located off Mysore Road in Bengaluru, for which private equity major Blackstone was said to have shown interest.

RBI's TLTRO 2.0 gets cold-shoulder from banks

RBI's TLTRO 2.0 gets cold-shoulder from banks

Rediff.com25 Apr 2020

Such cold-shoulder by banks also indicates a credit freeze that is hard to overcome, unless the government comes out with credit guarantee schemes for loans given by banks. Since that is not happening, and there is no indication of that too, banks are not willing to listen to RBI prodding.

GMR bags Istanbul airport project

GMR bags Istanbul airport project

Rediff.com10 Jul 2007

Amid stiff global competition from major airport construction companies, a consortium led by Indian developer GMR has bagged an about Rs 11,000-crore (two-billion-euro) project to modernise Istanbul's second airport.

Vodafone abstains from Bharti board meet

Vodafone abstains from Bharti board meet

Rediff.com23 Jan 2007

Bharti Airtel on Tuesday welcomed the decision of the directors of Vodafone to abstain from its board meeting, in view of the UK-based telecom major's interest in acquiring rival Hutch-Essar.

Why ATF price cut won't lead to cheaper flight tickets

Why ATF price cut won't lead to cheaper flight tickets

Rediff.com7 Dec 2018

However, the reduction in ATF prices will provide some cushion to airlines engaged in a protracted price war have lost control over pricing in one the world's most price sensitive domestic markets.

Premji paid highest by Wipro

Premji paid highest by Wipro

Rediff.com1 Jun 2007

Wipro Chairman and CEO Azim H Premji received the highest annual remuneration in the company for the fiscal 2006-07. Premji who also holds 79.58 per cent stake in the company, got an annual remuneration of $721,522.

Below my dignity to respond to baseless insinuations: Murthy

Below my dignity to respond to baseless insinuations: Murthy

Rediff.com18 Aug 2017

Murthy said he was anguished by the allegations, tone and tenor of statements made by the Infosys board.

GMR Infra to lease Delhi airport land

GMR Infra to lease Delhi airport land

Rediff.com23 Apr 2007

GMR Infrastructure, which owns more than 900 acres in Delhi and Hyderabad airports, is planning to raise Rs 3,000 crore (Rs 30 billion) through land securitisation.

Can Indian IT cos retain cost advantage?

Can Indian IT cos retain cost advantage?

Rediff.com26 Sep 2007

Indian IT firms have been announcing incremental increase in billing rates for quite some time now to counter wage hikes and rising visa costs, to name a few.

SABMiller eyes UB ally S&N

SABMiller eyes UB ally S&N

Rediff.com9 Apr 2007

In a move that could change the sweepstakes in the Indian beer market, brewing giant SABMiller plans to acquire rival Scottish & Newcastle in a $12.8 billion deal, the Sunday Express said on Sunday.

'There'll only be global bourses'

'There'll only be global bourses'

Rediff.com10 Feb 2007

Indian businesses are growing very quickly

Arcelor Mittal announces shake-up in US arm

Arcelor Mittal announces shake-up in US arm

Rediff.com16 Aug 2006

Arcelor Mittal has announced key changes in senior positions within Mittal Steel USA in an effort to improve operational performance and align the company's flat products division in America with long-term goals for the combined company.

It'll be a long chase for Corus: Aditya Mittal

It'll be a long chase for Corus: Aditya Mittal

Rediff.com27 Jan 2007

Aditya Mittal, the son of LN Mittal, the family that pulled off the audacious Arcelor acquisition just last year proves that a businessman of Indian origin can actually rule the world.

Tata, RIL book space in DLF's malls

Tata, RIL book space in DLF's malls

Rediff.com5 Jul 2007

India's two corporate giants Tata Group and Mukesh Ambani owned Reliance Group have booked space in DLF Ltd's malls for rolling out their retail ventures.

India Inc cushions itself against falling rupee

India Inc cushions itself against falling rupee

Rediff.com21 Jul 2006

India Inc is unfazed by the sharp fall of the rupee against the greenback as most big firms have already hedged their foreign exchange exposures.

UB may buy Scottish firm for $500 mn

UB may buy Scottish firm for $500 mn

Rediff.com28 Dec 2006

The acquisition is likely to be followed by the merger of Shaw Wallace & Company with group flagship United Spirits.

Ayodhya complex unsafe: Fire department

Ayodhya complex unsafe: Fire department

Rediff.com14 Jun 2006

The acquired land complex at Ayodhya has been declared unsafe in a report by the fire department that says its temporary structures do not fulfill safety norms.

Infosys' cup of woes spills over

Infosys' cup of woes spills over

Rediff.com24 May 2018

This time an anonymous whistleblower made an appeal to market regulator Sebi to probe an agreement made by the tech giant with some of its ex-directors.

Wipro vice-chairman T K Kurien to retire on Jan 31

Wipro vice-chairman T K Kurien to retire on Jan 31

Rediff.com24 Jan 2017

T K has been an integral part of the organisation's leadership for years, says Azim Premji.

How the Nirav Modi show manages to go on

How the Nirav Modi show manages to go on

Rediff.com15 Feb 2018

Modi has been relentless in building his brand regardless of banks having a problem of fraudulent and unauthorised transactions with his companies.

'Interest rate hike impacts power projects'

'Interest rate hike impacts power projects'

Rediff.com20 Feb 2007

CFO of Lanco Group, Suresh Kumar explains how interest rate hikes would affect their project.

Push capital out of country: Rajan

Push capital out of country: Rajan

Rediff.com21 Jan 2005

FMCG firms must innovate: Marico

FMCG firms must innovate: Marico

Rediff.com26 Jul 2006

CFO of Marico Industries Milind Sarwate believes that the FMCG sector has emerged out of the rut that it was in until a few years ago.

Patni faces $33mn US tax burden

Patni faces $33mn US tax burden

Rediff.com4 Jul 2006

Software exporter Patni Computer Systems would have to take up additional burden of up to $33 million, following a review of tax liabilities of its US operations.

IBM starts job cuts; most lay-offs outside US

IBM starts job cuts; most lay-offs outside US

Rediff.com16 Jun 2013

IBM employed a total of 434,246 persons globally at the end of 2012.

Assam Co. okays $75 mn FCCB

Assam Co. okays $75 mn FCCB

Rediff.com18 May 2006

'No case of bribing by global retailers in India'

'No case of bribing by global retailers in India'

Rediff.com4 Dec 2015

In October, media reports suggested that the World's largest retailer Wal-Mart made "suspicious payments" totalling millions of dollars to local officials in India.

Mohandas pai to head HR

Mohandas pai to head HR

Rediff.com15 Apr 2006

Boeing CEO Harry Stonecipher quits

Boeing CEO Harry Stonecipher quits

Rediff.com7 Mar 2005

He quit following an investigation into a relationship between him and a female executive of the company.

Bharti ropes in ex-Walmart India head as Group Advisor

Bharti ropes in ex-Walmart India head as Group Advisor

Rediff.com9 Oct 2013

Former Walmart India head Raj Jain has been roped in as an advisor by the Bharti Group, which on Wednesday parted ways with the US retail giant to operate stores independently in India.

PVR plans 82 screens this year

PVR plans 82 screens this year

Rediff.com25 Jan 2006

Wipro CEO Neemuchwala gets $1.8 mn pay package in FY'16

Wipro CEO Neemuchwala gets $1.8 mn pay package in FY'16

Rediff.com27 May 2016

Abidali Neemuchwala, who had joined Wipro in 2015 as group president and chief operating officer, was also given 200,000 in stock options in the financial year ended March 2016.

SpiceJet places order for 42 737 MAX jets with Boeing

SpiceJet places order for 42 737 MAX jets with Boeing

Rediff.com12 Mar 2014

Civil Aviation Minister Ajit Singh inaugurated the 5-day long event.

Demonetisation woes drag on for small finance banks

Demonetisation woes drag on for small finance banks

Rediff.com6 Jun 2018

Microfinance portfolio of SFBs saw a muted growth of about 3% last year

Why FinMin wants taxmen to be cautious while summoning CEOs

Why FinMin wants taxmen to be cautious while summoning CEOs

Rediff.com21 Jan 2015

Finance Ministry has asked excise and service tax officials to exercise caution while summoning CEOs and top functionaries of large firms or PSUs for probing any revenue cases.