IT major TCS CEO Rajesh Gopinathan has reigned, and the company nominated its global head of the BFSI division K Krithivasan as the CEO Designate with immediate effect, the firm said on Thursday. Gopinathan will continue with the company till September 15, 2023, to provide transition and support to his successor.
He is the first Indian-origin person to head a 'Big-Four' audit co.
A resurgent SpiceJet is spreading its wings and Vistara is set to challenge Jet on long-haul routes in the coming years.
Indian telecom operators have surpassed the three- year 5G network rollout target given to them within six months and now the government is making efforts to enhance adoption of 5G applications across various key segments, a senior government official said in Barcelona. Department of Telecom Additional Secretary VL Kantha Rao told PTI at "India Evening" event on the sidelines of Mobile World Congress 2023 that the government has hosted over 50 companies at the India pavilion and the delegation is here to showcase indigenously-developed 4G and 5G technology stack. "When the spectrum was allocated to telecom service providers for 5G rollout, we gave a minimum rollout obligation saying that within one year they have to cover a few cities within three years, a few towns and so on and so forth.
While Ambani, 66, drew nil salary from the company since the 2020-21 fiscal year, other executive directors including his cousins Nikhil and Hital are paid a salary, perquisites, allowances and commission. His three children - twins Akash and Isha (both 31) and Anant (28 years) - will get only a sitting fee and a commission on the profit earned by the firm.
'In the next three decades up to 2050 there will be three important players at the world level.' 'India, US and China will be playing a very important role globally as the largest economies in the world.' 'These three countries will have to interact with each other much more closely because what they do and what they decide will impact the entire world.'
Laxman Narasimhan, a veteran in leading and advising global consumer-facing brands, has been named as the new CEO of coffee giant Starbucks, joining a growing cohort of Indian-origin business leaders at the helm of global corporations.
For Billie Jean King, her leading role in the foundation of the WTA half a century ago ranks above the many successes she enjoyed on court.
Jimny will be priced between Rs 12.7 lakh and Rs 15.05 lakh.
Social media giant Meta has appointed Sandhya Devanathan as the vice president of Meta India, the company said.
Hindustan Unilever Ltd on Friday said its Managing Director and Chief Executive Officer, Nitin Paranjpe, will take up a global role at parent Unilever and become the President, Home Care, of the FMCG giant.
"Prime Minister Modi has a powerful, influential voice on the world stage. We know the Russian leadership respects India's voice and position on the world stage. I think Prime Minister Modi's intervention is very, very welcome. And we really hope that Vladimir Putin listens to those voices who are calling for peace and for de-escalation. So we very much welcome Prime Minister Modi's intervention," Cleverly told PTI in an interview.
Sitharaman said that developed countries were blaming India for the impasse at the WTO, but India convinced them about its legitimate demand.
'For the first time since I've been following Indian politics, one heard voters talking about India's role on the world stage and the fact that, due to Modi's leadership, India was once again a great power.'
External Affairs Minister S Jaishankar on Monday strongly objected to the use of the term pitai (beating) by former Congress chief Rahul Gandhi while referring to the India-China clash in Tawang, and asserted that our soldiers have stood their ground in Yangtse in Arunachal Pradesh and should be "appreciated and honoured".
In a video message on the occasion of the International Day of Yoga, Prime Minister Modi said India has always nurtured traditions that unite, adopt and embrace and made a fervent appeal to eliminate contradictions, hurdles and resistances through yoga.
Obama's strong intervention in favour of the 'Remain' camp of the debate attracted strong criticism from the 'Vote Leave' campaign, which accused him of being 'downright hypocritical'.
Shubman Gill named ICC Men's Player of January
'They have got the advisory council, a CEO has been appointed finally, and they have made some headway on the term loan B.'
Billionaire Mukesh Ambani's children -- Isha, Akash and Anant -- on Monday were appointed on the board of his energy-to-technology conglomerate Reliance Industries Ltd, in what is seen as a clear path of succession planning at India's most valuable company.
The rising dependence on discounted crude oil has resulted in India's trade deficit with Russia hitting the second-highest place last year, after China, reveals Department of Commerce data. From April through January 2022-23 (FY23), India's maximum trade deficit was with China, at $71.58 billion. This was followed by Russia, where the deficit expanded sevenfold - from $4.86 billion in April-January of 2021-22 (FY22) to $34.79 billion during the same period in FY23.
Modi was honoured with the 'Order of Zayed', the UAE's highest civilian award, in 2019 as a mark of appreciation for his efforts to boost bilateral ties between the two nations.
Vedanta's Cairn Oil & Gas on Thursday announced the appointment of Nick Walker as the new chief executive officer (CEO) of the company. In a statement, the company said the appointment is effective January 5. "Before this appointment, Walker was president and chief executive officer at Lundin Energy, one of the leading European independent E&P companies," it said.
Maharashtra Chief Minister Eknath Shinde on Wednesday said Memorandums of Understanding worth Rs 1.37 lakh crore have been signed at the World Economic Forum (WEF) annual meeting in Davos in Switzerland and termed it as a "big achievement". This will generate employment for one lakh people, said Shinde, who was in Davos to seek investments in Maharashtra. "The MoUs will not remain just on paper," he said, adding that foreign investors have shown trust and faith in the state government.
'I've got good luck from millions from my country and will carry it wherever I go, like I always do.'
Out of the 214 Young Global Leaders who were honoured for leadership and service to society, 109 are women.
The agreement means consumers will enjoy more choices and varied price points.
Prime Minister Narendra D Modi's itinerary for his June 21-24 US visit could include an address to a fledgling business advocacy group, the US-India Strategic Partnership Forum.
Tulsi Tanti, the founder chairman and managing director of Suzlon Energy and a renowned expert on renewable energy, died due to cardiac arrest on Saturday evening. Tanti, 64, who was also the chairman of the Indian Wind Turbine Manufacturers Association, was on his way to Pune from Ahmedabad when he suffered a cardiac arrest, a company official said. He is survived by his daughter Nidhi and son Pranav.
Sikka has influenced the company to break away from the old mould in more ways than one.
Over the past three trading sessions, the stock of Cummins India has gained about nine per cent on strong January-March quarter (Q4) results and good near-term prospects. Its Q4 performance was led by a healthy 29 per cent revenue growth over the year ago quarter. This was largely on the back of a 33 per cent jump in domestic revenues while exports witnessed a growth of 17 per cent.
'When a Project Director is appointed, the whole organization -- including the Chairman ISRO -- works for his success. It is a lesson that has been of abiding value all through the other projects I have worked on,' recalls the late President, one of the earliest pioneers at ISRO.
Prime Minister Narendra Modi on Thursday slammed the opposition alliance INDIA as a collection of arrogant dynasties who will take India back by two centuries as he exuded confidence that people will bless the "garib ka beta" with a record-breaking mandate in the 2024 Lok Sabha polls.
Ola Electric on Thursday teased five new electric motorcycles that the SoftBank-backed company is working on, announcing the range after selling electric scooters. The products are labelled cafe racer, an adventure tourer, a scrambler and a naked motorcycle. The motorcycles are expected to be launched next year and would include premium and mass-market versions, said sources.
The vaccination drive was only one important part of India's globally recognised pandemic management and response strategy, observes Dr Vinod K Paul.
'The opposition party was disappointed that the UN listing does not mention the Pulwama terror attack, in which 40 CRPF personnel lost their lives, and has no reference to Jammu and Kashmir'
Days after the Supreme Court held as "illegal" the extension of ED Director Sanjay Kumar Mishra's tenure, the Centre on Wednesday moved the apex court seeking modification of its order to allow him to continue in office till October 15 in view of the ongoing FATF review.
UBS stepping in to save Credit Suisse with a $3.2-billion acquisition has provided the beleaguered Swiss bank's India employees a glimmer of hope. The surprise deal - engineered by the Swiss government - has triggered optimism of fewer job losses at Credit Suisse's India unit and better synergies at key verticals, such as wealth management and investment banking. "UBS is a much stronger hand. Coming within its fold will give Credit Suisse's wealth management and investment banking divisions a good home.
Jinnah said I can accept only one leader and that is Subhas Bose, Doval said.
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