The latest whistleblower complaint accusing him of pressuring finance team members to inflate profitability has come right out of the blue. There's another allegation that he made racist remarks against some board colleagues. For a man with a singular focus on the business and clients, all of this must have blindsided him.
About 61,000 high net worth individuals in India increased their wealth by 22 per cent to a whopping $267 billion (Rs 12,09,000 crore) in 2003, the World Wealth Report drawn up by Merrill Lynch and Capgemini said on Wednesday.
Some 500,000 people joined the ranks of the world's millionaires in 2003 thanks to a roaring stock market and strong economic conditions, a survey showed Tuesday.
Last year, there was almost 16 per cent increase in hiring by the Global Capability Centres in India.
The placement season has brought in positive cheer for students at the IIT Kharagpur this year.
Bengaluru added four of the eight new innovation centres to emerge as the fifth global hub for innovation.
Colleges are witnessing more offers, with better salary packages. Median salary packages offered have improved over last year.
People who are close to retirement and don't intend to go back to full-time work again should deploy a part of their VRS money in equities so that it keeps growing at a faster rate.
The Porsche 911 RS is fast becoming a collector's item among India's high net worth individuals.
Parekh in a video address to employees expressed delight on leading the iconic company
Analysts say IT major cleaning up act before new CEO takes over; regulator might take a year
Meanwhile, family businesses in India still see banks as their chief source of funding as nine out of 10 respondents were upbeat about bank financing.
Arundhati Bhattacharya, the chairperson of country's largest bank SBI, has been named as the most-powerful woman in business in India by Fortune magazine.
A growing number of firms are putting in formal policy frameworks to tap into company alumni and facilitate the return of former employees, discovers Sangeeta Tanwar.
They were the source for entry-level recruitments in the IT industry before the job market crash.
Nearly 150 companies visited the campus this year.
The whistle-blower's letter to Sebi said future disclosures on any wrongdoing could potentially not be exposed if Infosys is let off the hook now.
Growing protectionism in their main markets - the US and the UK - has forced them to hire local workers, upending the cost arbitrage model they had built their business on.
In India to take part in a board meeting, Martin Sorrell, chief executive officer of WPP, spoke to Alokananda Chakraborty on a wide range of subjects.
5,565 contracts, valued at $201 billion are up for rebids across geographies and verticals by 2018.
The top four countries account for 60.3% of the total worldwide HNWI population.
Of the 3.9 million the sector employs, HR experts say at least 100,000 are likely to lose their jobs by the end of this financial year. Ayan Pramanik and Raghu Krishnan report.
Renu Rajani, VP, Capgemini India tells us why it is important for young professionals to make the most of opportunities at hand and not be scared of failures.
'LinkedIn is supposed to be this super-connected social media network for professionals that I reluctantly joined at the persistence of a former colleague appalled at my lack of self-promotion.' 'Well, I'm out there and I don't know who knows me, but I do know that LinkedIn's algorithm definitely doesn't,' says Kanika Datta.
Physical security for women, the first step towards getting them into factories and offices, is all but absent in most Indian cities, notes Kanika Datta.
The companies experienced a drop of 5,436 approved petitions (37 per cent) in 2016 as compared to previous year, a report by the National Foundation for American Policy, a Washington-based non-profit think-tank, said.
Infosys is steadily trying to get back its lost ground under Sikka.
Collegepond.com, a career guidance company responds to student queries on international admissions.
But Indian information technology workers might do better without the companies that held them back, says Mihir S Sharma.
With Infosys reportedly increasing the pay packages of senior executives, including executive vice-presidents and a few vice-presidents, threefold, the Indian information technology (IT) services space might well get a new benchmark.
With the world getting more and more instrumented with smart devices, global enterprises are increasingly looking at undertaking a 'digital transformation' journey to stay ahead in the race. Emerging technologies such as social, mobility, analytics and cloud have given birth to new business opportunities and forcing enterprises to finetune their IT buying decisions -- quite differently from what they used to do.
Considering the June quarter numbers have been softer, as compared to the past quarters, and the overall macro environment is yet again under a cloud, Indian IT services should seriously look at the new normal
Dept to focus on real estate, infra, mining and manufacturing to detect evasion.
Can the country afford to have problems of such magnitude in the cities of Gurgaon, Bengaluru, Pune and Hyderabad, which not only are the major growth drivers but are also the biggest revenue contributors in their respective states?
Real estate developers are banking high on ultra-luxury projects.
People are not just splurging on clothes, mobiles and household goods through the online route, they are also looking at cars and even houses.
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