News for 'Group CFO'

Cyrus Mistry drives a Tata Safari. Will TCS investors ride in Jaguars?

Cyrus Mistry drives a Tata Safari. Will TCS investors ride in Jaguars?

Rediff.com2 Jul 2015

Does India's most valued company give hope to its investors that they, too, might drive a Jaguar some day?

CBI had threatened me during interrogation: Key 2G witness

CBI had threatened me during interrogation: Key 2G witness

Rediff.com6 Aug 2013

A key prosecution witness in a case arising out of the 2G scam probe on Tuesday claimed that he was threatened by the Central Bureau of Investigation that he would lose his job if investigating officer writes to his employer.

Chanda Kochhar and 'clawback provisions'

Chanda Kochhar and 'clawback provisions'

Rediff.com4 Feb 2019

'If she contests it, then these people will have to fight it in court.'

Wipro reboots top management, Abidali Neemuchwala is CEO

Wipro reboots top management, Abidali Neemuchwala is CEO

Rediff.com4 Jan 2016

'Abid Neemuchwala has demonstrated a deep understanding of technology, business vision, sound judgment, and an innate ability to bring people together.'

Ex-Fortis promoter Shivinder Singh gets bail in money laundering case

Ex-Fortis promoter Shivinder Singh gets bail in money laundering case

Rediff.com23 Jul 2020

The high court imposed various bail conditions on him, including that he shall not tamper with the evidence or influence witnesses, directly or indirectly.

Hiring activities turn sluggish in May

Hiring activities turn sluggish in May

Rediff.com11 Jun 2013

In signs of sluggishness in the labour market, hiring activities declined in May as employers remained cautious tracking macro economic conditions.

Infosys gets whistleblower plaint against CEO

Infosys gets whistleblower plaint against CEO

Rediff.com12 Nov 2019

The whistleblower, claiming to be an employee working in the finance department, said he was submitting a 'whistleblower complaint' unanimously as the matter stated was 'volatile' and that he feared retaliation on disclosing the identity.

No tax relief for these home buyers

No tax relief for these home buyers

Rediff.com3 Feb 2020

There was no relief for existing home buyers who are stuck in stalled projects and are paying both rent and EMI on their home loans.

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.

'We consider Murthy a well wisher,not shareholder activist'

'We consider Murthy a well wisher,not shareholder activist'

Rediff.com26 Jul 2017

Over the past few months, Infosys has been battling allegations by Murthy and other former senior executives of falling corporate governance standards.

2G scam casts big shadow on Maran's Sun Network

2G scam casts big shadow on Maran's Sun Network

Rediff.com16 Jun 2015

Analysts say the Sun Network's fundamentals may be sound but the troubles faced by Maran have caused a lot of volatility.

SpiceJet loses second senior executive in a row

SpiceJet loses second senior executive in a row

Rediff.com5 Mar 2014

Things don't seem to be good at low fare carrier SpiceJet's office. In past few months, its top rung officers have resigned over differences in opinion with the management.

'Angel Tax' is actually a demon that start-ups hate

'Angel Tax' is actually a demon that start-ups hate

Rediff.com28 Dec 2017

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.

Nirav Modi can be extradited to India: UK court

Nirav Modi can be extradited to India: UK court

Rediff.com25 Feb 2021

Wanted diamond merchant Nirav Modi on Thursday lost his fight against being extradited to India as a United Kingdom judge ruled that he can be sent back to face charges of fraud and money laundering in the estimated $2 billion Punjab National Bank scam case.

How Blood Donors India Saves Lives!

How Blood Donors India Saves Lives!

Rediff.com11 Jun 2021

'Our network somehow saves 3,000 lives every year, but there's so much more to do, as every death due to shortage of blood is easily avoidable.'

Wipro to buyback shares worth Rs 2,500 crore

Wipro to buyback shares worth Rs 2,500 crore

Rediff.com20 Apr 2016

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).

Hiring activities grow by 4% in October: Naukri.com

Hiring activities grow by 4% in October: Naukri.com

Rediff.com11 Nov 2013

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.

Ananth Narayanan to continue as Myntra-Jabong CEO

Ananth Narayanan to continue as Myntra-Jabong CEO

Rediff.com16 Nov 2018

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

Not just Nikesh Arora, many execs move out from VC firms

Not just Nikesh Arora, many execs move out from VC firms

Rediff.com4 Aug 2016

People move from investment banking to growth equity or from venture capital to growth equity or entrepreneurship, depending on what's attractive at different points of life.

Twice shy Tata ticks all SIA boxes

Twice shy Tata ticks all SIA boxes

Rediff.com7 Apr 2014

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.

Sikka's first year ends with signs of progress for Infosys

Sikka's first year ends with signs of progress for Infosys

Rediff.com6 Aug 2015

The route to that target is clear in Sikka's mind.

How bad employee behaviour can dent a company's reputation

How bad employee behaviour can dent a company's reputation

Rediff.com25 Nov 2014

Wayward employee behaviour at Uber and Infosys highlights the risk to corporate reputations.

Moderate rise in hiring in September

Moderate rise in hiring in September

Rediff.com8 Oct 2013

Hiring activities witnessed a moderate increase of 3 per cent in September with most of the sectors showing positive recruitment trends after a dip in the index the previous month, according to job portal Naukri.com said.

Dept of Post, Mahindras, Sun Pharma join banking race

Dept of Post, Mahindras, Sun Pharma join banking race

Rediff.com4 Feb 2015

The Department of Post, Tech Mahindra, Videocon Group and stock exchange NSE have joined big corporates like Ambanis and Birlas to seek entry into banking business through newly created niche category of Payments and Small Finance Banks.

Jabong-Myntra merger: 10% staff to go

Jabong-Myntra merger: 10% staff to go

Rediff.com17 Nov 2018

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.

The CEO behind the Voda-Idea merger

The CEO behind the Voda-Idea merger

Rediff.com28 May 2018

To outgoing Vodafone CEO Vittorio Colao, negotiating big deals was an art form, as an international report pointed out after the $130-billion sale of Vodafone's 45 per cent stake in Verizon Wireless, says Nivedita Mookerji.

TCS Q4 net zooms 73% to Rs 6,413 crore

TCS Q4 net zooms 73% to Rs 6,413 crore

Rediff.com18 Apr 2016

The country's largest software exporter Tata Consultancy Services on Monday reported a stellar 72.7 per cent growth in net profit at Rs 6,413 crore for the fourth quarter of last fiscal ended March 31.

Microfinance industry coming back to life

Microfinance industry coming back to life

Rediff.com9 Feb 2014

New players show up after 3 years; northern states take lead in loan growth.

November sees moderate rise in hiring numbers: Job portal

November sees moderate rise in hiring numbers: Job portal

Rediff.com10 Dec 2013

The Naukri Job Speak Index -- which tracks monthly hiring activities online -- stood at 1,300 showing a 1 per cent growth in hiring, when compared to October 2013.

Platform deals see a big push from investors

Platform deals see a big push from investors

Rediff.com17 Nov 2016

Decision to build or buy a platform is a function of price but buyouts are helping large investors create a medium and influence outcomes.

Your dream house will cost more now

Your dream house will cost more now

Rediff.com1 Mar 2015

Increase in service tax would make properties costlier to buyers.

Indian firms to raise $5-billion forex loans

Indian firms to raise $5-billion forex loans

Rediff.com22 Jul 2016

The private companies announced projects worth Rs 11.33 lakh crore (Rs 11.33 trillion) during 2014-16.

Past imperfect, future tense for India Inc

Past imperfect, future tense for India Inc

Rediff.com16 Aug 2013

Q1 results indicate more pain ahead, as slowdown has spread to more sectors, pricing power has come down and rising interest cost is eating into profits.

The 3 challenges Rajesh Gopinathan faces at TCS

The 3 challenges Rajesh Gopinathan faces at TCS

Rediff.com22 Feb 2017

Gopinathan is aware of the challenges and opportunities that lie ahead.

DLF files appeal against regulatory ban

DLF files appeal against regulatory ban

Rediff.com17 Oct 2014

India's most heavily indebted property firm, DLF has filed an appeal with the Securities Appellate Tribunal (SAT) against a ban from tapping capital markets for three years, a spokeswoman for the appellate told Reuters.

Tatas in AirAsia India pilot seat

Tatas in AirAsia India pilot seat

Rediff.com29 Mar 2016

With its nominees on the board, Tata Sons will have the controlling stake of 51%.

Why Sumant Sinha chose clean energy over politics

Why Sumant Sinha chose clean energy over politics

Rediff.com22 Feb 2017

'Right time, right place, right business and I could see I was the right person. It was a now or never moment in a sense. If I didn't do it then, then when? There is little point in entering a business as an entrepreneur when someone else has proven the concept.' BJP leader Yashwant Sinha's son started ReNew Power during the UPA II government to focus on clean energy.

The rupee fall: 10 firms that are most worried

The rupee fall: 10 firms that are most worried

Rediff.com7 Dec 2015

The rupee's fall against the dollar is bad news for companies which have increased their exposure to foreign currency loans in recent years.

10 ways the Price Waterhouse fallout changed auditing in India

10 ways the Price Waterhouse fallout changed auditing in India

Rediff.com10 Apr 2015

PwC one of the big four audit firms, has expressed disappointment at the conviction of two former partners in the Satyam scam.

'A bold step': Bankers, industry hail demonetisation move

'A bold step': Bankers, industry hail demonetisation move

Rediff.com9 Nov 2016

Some initial reactions to Prime Minister Narendra Modi's announcement of demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight.