Narayanan said while there would be some redundancies as a result of integration of the back-end functions of Myntra and Jabong, it will, however, be less than 10 per cent of the overall headcount
Pai sought to look at the issue of founders raising questions as shareholder activism.
Pai said more and more people -- whether they are employees, or investors or others -- are coming to the conclusion that this Board has to go and a new one has to come.
Cisco, which employs about 73,000 people worldwide, has warned against a 'challenging macro environment'
Larsen & Toubro Ltd will shortly file with the Bombay Stock Exchange its plans for a trust scheme for its employees to pick up 15 per cent stake of Grasim Industries Ltd.
Infosys aims to achieve an aspirational goal of $20 billion in topline by 2020.
Wayward employee behaviour at Uber and Infosys highlights the risk to corporate reputations.
The airline now has a total of 1,120 pilots of whom 88 are foreign pilots.
In signs of sluggishness in the labour market, hiring activities declined in May as employers remained cautious tracking macro economic conditions.
Infosys chief Vishal Sikka took home an annual salary package of $7.45 million (about Rs 48.73 crore) for the 2015-16 financial year.
The Board of Control for Cricket in India president Anurag Thakur, on Saturday, sought to justify its rejection of some of the major recommendations of Supreme Court-appointed Lodha Committee, saying that "it is upto the members of the Board to accept or reject them".
The route to that target is clear in Sikka's mind.
Myntra CEO Ananth Narayanan, who was earlier against the merger of the two fashion e-tail companies, is learnt to be meeting each Jabong employee one-to-one.
In a bonanza to its shareholders, country's third largest IT firm Wipro on Thursday said it will buyback up to four crore shares worth around Rs 2,500 crore (Rs 25 billion).
Flipkart, Jabong-Myntra and PhonePe will operate under this group structure and their CEOs will report to Binny
Former finance head Bansal, who left Infosys in 2015, has gone for arbitration over severance pay
The board expansion comes against the backdrop of an ongoing tussle between the founders and the management over contentious issues such as CEO salary hike, severance package to former employees and corporate governance standards.
There are also talks of branded garments being put under the luxury tax slab, which could be higher than 18 per cent.
The latest penalties for insider trading follows an earlier disgorgement order passed by Sebi in July last year.
Accenture -- considered as one of the top-most employers in India among the global technology services companies -- is believed to have over 150,000 workers in India, next to IBM.
Going ahead iGate will have to maintain a healthy order book to sustain growth.
LIC is one of the largest Indian shareholders in the country's largest car maker, with a 6.93% stake.
The charge sheet has now paved way for the CBI to approach authorities in the UK for deportation of Mallya.
Raju was arrested by the Crime Investigation Department of Andhra Pradesh Police two days later along with his brother.
The tax forces young startups to part with a portion of the capital they have raised from investors due to disagreements over the valuation of the company by Income Tax officials.
IT services firm HCL Technologies on Thursday reported a 14.4 per cent increase in net profit at Rs 1,926 crore (Rs 19.26 billion) for the quarter ended March.
Revenue of the Bengaluru-based firm grew 1.7 per cent to Rs 17,078 crore in the June quarter as against Rs 16,782 crore in the year-ago period.
Raju was arrested by the Crime Investigation Department of Andhra Pradesh Police two days later along with his brother.
'Where is the board's accountability in this whole transaction? The members of the earlier board who participated in approving and defending these acquisition are still in the current board,' the whistleblower said in a mail sent to US SEC and Sebi.
Officials of 17 banks which gave loan to Kingfisher Airlines and UB Group are also under the agency's scanner
Consumer products like mobile phones and laptops may become cheaper as the overall taxes on goods are likely to come down
SFIO is looking into the role of Grant Thornton LLP which had valued the brand.
Sector-wise, oil & gas witnessed monthly growth of 30 per cent in hiring while insurance sector registered an increase of 25 per cent compared to September.
The first phase of integration is already over
Flipkart's model is a money guzzler
