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".
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.
In signs of sluggishness in the labour market, hiring activities declined in May as employers remained cautious tracking macro economic conditions.
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
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.
The route to that target is clear in Sikka's mind.
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.
Going ahead iGate will have to maintain a healthy order book to sustain growth.
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.
The charge sheet has now paved way for the CBI to approach authorities in the UK for deportation of Mallya.
'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.
LIC is one of the largest Indian shareholders in the country's largest car maker, with a 6.93% stake.
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.
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.
Raju was arrested by the Crime Investigation Department of Andhra Pradesh Police two days later along with his brother.
Consumer products like mobile phones and laptops may become cheaper as the overall taxes on goods are likely to come down
Raju was arrested by the Crime Investigation Department of Andhra Pradesh Police two days later along with his brother.
Officials of 17 banks which gave loan to Kingfisher Airlines and UB Group are also under the agency's scanner
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
Investor sentiments remained upbeat tracking global developments as the US, China geared up for trade talks due this week.
The deal between Bharti group and Tata Teleservices is yet another example of how swiftly things can change in business.
Flipkart's model is a money guzzler
Accordingly, 12 affiliated units -- Andhra, Assam, Goa, Jharkhand, Kerala, Mumbai, Rajasthan, Railways, Tripura, Universities, Uttar Pradesh, Vidarbha -- have submitted their suggestions to the amicus curiae and they have reached a common ground.
IT services firm Cognizant on Wednesday posted 12.9 per cent increase in net profit to $420.1 million for the second quarter this year, revising revenue growth guidance to 20.1 per cent for the fiscal.
With the appointment of Vishal Sikka as CEO and Managing Director of the company, IT major Infosys has elevated 12 leaders to the position of Executive Vice President with additional responsibilities.
He is betting on emerging firms to generate ideas and build wealth through Premji Invest
Rejig likely every few years to make company flexible to the changing needs of business
Production cost in Africa varies between $1 and $2 a kg while in Assam it is $1.9 and in West Bengal over $2
Tata Sons and Singapore Airlines (SIA), which recently received a no-objection certificate from the ministry of civil aviation to start a full-service airline (Tata-SIA Airlines), are in the process of securing an import licence for 20 Airbus A320 aircraft.
The 58-year-old businessman, who is also the son-in-law of former Karnataka Chief Minister SM Krishna, has been missing since Monday evening from Mangaluru.
HCL Technologies on Tuesday reported a 3.6% increase in net profit at Rs 1,683 crore (Rs 16.83 billion) for the quarter ended March 31, 2015.
The members approved the recommendation of the BCCI's affiliation committee to grant full member status to Chhattisgarh State Cricket Sangh, which will be part of Central Zone for all BCCI tournaments.
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