News for 'MD'

'Federal Bank Has To Now Play Test Matches'

'Federal Bank Has To Now Play Test Matches'

Rediff.com21 Jun 2025

'The brand, the team, and the people have to make the transition from playing league matches to Test matches.'

500 Years For You To Match CEO's Pay!

500 Years For You To Match CEO's Pay!

Rediff.com28 Jan 2025

The share of companies where it would take over 100 years for a median employee to earn the equivalent of their top executive's annual salary rose to 65 per cent in FY24 from 61 per cent in FY19.

India's N-E landlocked, B'desh only...: Yunus pitch to China

India's N-E landlocked, B'desh only...: Yunus pitch to China

Rediff.com1 Apr 2025

Bangladesh's Chief Adviser Muhammad Yunus has called upon China to expand its economic influence in Bangladesh, controversially mentioning that India's northeastern states being landlocked could present an opportunity. Yunus, who recently visited China and met with President Xi Jinping, highlighted Bangladesh's role as the "only guardian of the ocean " in the region, suggesting it could be a pathway for Chinese economic expansion. This statement has sparked debate, with Sanjeev Sanyal, a member of Prime Minister Narendra Modi's economic advisory council, questioning the relevance of India's landlocked states in Yunus' appeal to China. Yunus, however, emphasized the importance of a strong friendship with China, viewing it as a counterbalance to India. During his visit, Yunus signed nine agreements with Beijing and secured USD 2.1 billion in investments, loans, and grants from the Chinese government and companies.

Taxmen raid former NSE MD Chitra Ramkrishna's home

Taxmen raid former NSE MD Chitra Ramkrishna's home

Rediff.com17 Feb 2022

Ramkrishna is in the news after a recent Sebi order said she was steered by a yogi, dwelling in the Himalayan ranges, in the appointment of Anand Subramanian as the exchange's group operating officer and advisor to the managing director (MD).

Plane crash turns medical college anniversary a scar-filled one

Plane crash turns medical college anniversary a scar-filled one

Rediff.com16 Jun 2025

The Ahmedabad air tragedy, which claimed the lives of all but one of the 242 passengers and crew on board, and several others on the ground, has left deep scars on BJMC's residential quarters and the psyche of the survivors.

'This Year, We Will Commence Full Refit Of B787s'

'This Year, We Will Commence Full Refit Of B787s'

Rediff.com16 Jun 2025

'That refresh programme -- because they are big aircraft and we cannot ground them all at the same time -- will last well into 2027.'

Bharti Airtel Q4 profit jumps five-fold to Rs 11,022 cr

Bharti Airtel Q4 profit jumps five-fold to Rs 11,022 cr

Rediff.com13 May 2025

Telecom operator Bharti Airtel posted about a five-fold jump in consolidated net profit to Rs 11,022 crore in the March 2025 quarter, mainly due to the tariff hike impact and one-time gain on tax benefits. Bharti Airtel had posted net profit (attributable to owners of the parent company) of Rs 2,071.6 crore a year ago.

Can AI Improve Customer Service At PSBs?

Can AI Improve Customer Service At PSBs?

Rediff.com20 May 2025

'AI analyses body language, etiquette, and communication skills, providing an in-depth performance matrix and a ranking system to help employees identify areas of improvement.'

What DGCA Wants AI To Check Before B787 Flights

What DGCA Wants AI To Check Before B787 Flights

Rediff.com14 Jun 2025

The DGCA directive called for a series of specific checks before each flight's departure from India, including inspection of fuel parameter monitoring systems, cabin air compressors, and electronic engine control units.

'We Have Begged For Justice'

'We Have Begged For Justice'

Rediff.com12 Mar 2025

'Justice may or may not happen, but who are those people who did this to her?' 'If the hospital authorities had helped us that day, or the police, then the real culprits would have been caught.' 'Getting justice for my daughter is my goal now and I want the CM to remember that.'

'Biggest Problem Industrialists Face Is From Politicians'

'Biggest Problem Industrialists Face Is From Politicians'

Rediff.com7 Jul 2025

'If you don't fulfil whatever they ask, you are in trouble.'

Want To Know What A CEO/MD Earns?

Want To Know What A CEO/MD Earns?

Rediff.com28 Dec 2022

The average top executive monthly compensation is Rs 1 crore. The median employee salary is now Rs 820,000.

LIC Q4 profit jumps 38% to Rs 19,013 cr

LIC Q4 profit jumps 38% to Rs 19,013 cr

Rediff.com27 May 2025

State-owned insurer Life Insurance Corporation of India (LIC) on Tuesday posted a 38 per cent increase in net profit to Rs 19,013 crore in the fourth quarter ended March 2025 helped by lower expenses. The country's biggest insurer had earned a profit of Rs 13,763 crore in the corresponding quarter a year earlier.

How to Choose Loans Against Property

How to Choose Loans Against Property

Rediff.com11 Jun 2025

'LAP is suited for borrowers with a steady income, sound repayment discipline, and a clear repayment plan.'

IIT Kharagpur student found hanging in hostel room; police launch probe

IIT Kharagpur student found hanging in hostel room; police launch probe

Rediff.com4 May 2025

A third-year BTech student of IIT Kharagpur was found hanging in his hostel room on Sunday, the third such incident at the institute this year. Mohammad Asif Qamar, a civil engineering student, was found dead in his room in Madanmohan Malviya Hall. The institute said it is cooperating with authorities in the investigation and has offered condolences to Qamar's family. The institute has also reiterated its commitment to providing counseling services to students.

Mongolia: AI's new shortcut to North America to cut Pak costs

Mongolia: AI's new shortcut to North America to cut Pak costs

Rediff.com13 May 2025

Besides, the carrier is having a technical stop in Kolkata for some of the North America flights from Delhi, they added.

Sebi bans IndusInd Bank former CEO, 4 others from securities mkt

Sebi bans IndusInd Bank former CEO, 4 others from securities mkt

Rediff.com28 May 2025

Markets regulator Sebi on Wednesday barred former CEO of IndusInd Bank, Sumant Kathpalia, and four other senior officials from accessing the securities markets in connection with an alleged insider trading in the bank's shares. In addition to the market ban, Sebi has impounded Rs 19.78 crore collectively from the five individuals, according to an interim order passed by the regulator.

Infosys CEO Salil Parekh to get ESOPs worth Rs 51 crore

Infosys CEO Salil Parekh to get ESOPs worth Rs 51 crore

Rediff.com18 Apr 2025

India's second largest IT company Infosys' board has approved the grant of stock incentives or Employee Stock Option Plans (ESOPs) worth over Rs 51 crore to CEO and MD Salil Parekh. These stock incentives are under various heads including ESG and equity, and add up to over Rs 51 crore.

HUL appoints Rohit Jawa as new MD & CEO

HUL appoints Rohit Jawa as new MD & CEO

Rediff.com11 Mar 2023

FMCG major HUL on Friday announced the appointment of Rohit Jawa as the managing director & chief executive officer to succeed Sanjiv Mehta who will retire from the company after leading it for a decade. Jawa, presently the Chief of Transformation for Unilever, would take over the leadership role for a term of five consecutive years with effect from June 27, 2023, the company said in a statement. "The appointment of Rohit Jawa as a whole-time director and MD & CEO will be subject to approval of Shareholders and other statutory approvals as may be applicable," it added.

IndusInd accounting lapses: Sumant Kathpalia steps down as CEO

IndusInd accounting lapses: Sumant Kathpalia steps down as CEO

Rediff.com29 Apr 2025

IndusInd Bank MD and CEO Sumant Kathpalia on Tuesday resigned with immediate effect, taking moral responsibility of accounting lapses in the derivatives portfolio, having financial implication of Rs 1,960 crore to the bank.

Is this why govt sacked Subramanian as IMF exec director?

Is this why govt sacked Subramanian as IMF exec director?

Rediff.com6 May 2025

The Congress party in India has accused the government of "impropriety" in the sudden termination of KV Subramanian's position as India's executive director at the IMF, alleging it was linked to the Union Bank of India's purchase of two lakh copies of his book. The party also questioned the government's stance on Pakistan's request for a loan from the IMF.

'IPL Final A Magnet For Cricket Tourism'

'IPL Final A Magnet For Cricket Tourism'

Rediff.com30 May 2025

'It's clear that fans are eager to be part of the live stadium experience, reflecting a growing trend of travel driven by marquee sporting events.'

The Twins Who Scored Identical Marks In MBBS Exam

The Twins Who Scored Identical Marks In MBBS Exam

Rediff.com12 May 2025

Twins Rahin and Riba Hafezji chose books over social media and scored identical marks in their MBBS final exam.

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

Rediff.com10 May 2025

Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.

This will Likely Shape the Future of Pharma Inc

This will Likely Shape the Future of Pharma Inc

Rediff.com8 Mar 2025

Indian pharmaceutical companies may have units abroad as part of "distributed manufacturing" across various locations, according to industry veterans. This may come about over the next five to 10 years.

Tribunal stays Sebi's order on Yes Bank's former MD Rana Kapoor

Tribunal stays Sebi's order on Yes Bank's former MD Rana Kapoor

Rediff.com14 Sep 2023

The Securities Appellate Tribunal (SAT) has granted an interim stay on a Sebi order that slapped a penalty of Rs 2 crore on Yes Bank's former MD Rana Kapoor in a case of mis-selling the private sector lender's AT1 bonds. Kapoor has been in jail since March 2020 in connection with the DHFL money laundering case. The interim relief came after capital markets regulator Sebi in July issued a demand notice to Kapoor, warning arrest and attachment of his assets over non-payment of the fine of Rs 2 crore, along with the interest.

'Quicker credit data updates will aid underwriting'

'Quicker credit data updates will aid underwriting'

Rediff.com18 May 2025

'This helps the consumers secure more favourable terms from CIs.'

Insurers to double down on tech, rural expansion for growth in '25

Insurers to double down on tech, rural expansion for growth in '25

Rediff.com10 Jan 2025

The Indian insurance industry is set to focus on customer-centric technological adoption and expansion into rural areas to drive growth in 2025.

Dixon Tech plans Rs 1K-cr facility near Chennai; to create 5K jobs

Dixon Tech plans Rs 1K-cr facility near Chennai; to create 5K jobs

Rediff.com10 Apr 2025

Electronics manufacturing services firm Dixon Technologies is setting up a Rs 1,000-crore facility near Chennai and signed a Memorandum of Understanding with the Tamil Nadu government on Wednesday. The factory, which will come up at Oragadam in neighbouring Kancheepuram district, is expected to generate 5,000 jobs in the region, the state government said.

US retaliatory tariffs a major setback for Indian gems, jewellery exports: GJEPC

US retaliatory tariffs a major setback for Indian gems, jewellery exports: GJEPC

Rediff.com3 Apr 2025

The US retaliatory tariffs are a major setback for the Indian gems and jewellery exports, apex industry body GJEPC said on Thursday as it urged the government to take steps to secure the long-term interest of the sector. The US has announced 27 per cent reciprocal tariffs on India saying New Delhi imposes high import duties on American goods, as the Donald Trump administration aims to reduce US' trade deficit and boost manufacturing.

Indian airlines face turbulence over new global emission norms

Indian airlines face turbulence over new global emission norms

Rediff.com22 Apr 2025

'CORSIA has set impossible targets. It tries to limit countries to the emission levels of the number of aircraft that they had in 2020. That has to be opposed.'

ED gets 4-day custody of ex-NSE MD Chitra Ramakrishnan

ED gets 4-day custody of ex-NSE MD Chitra Ramakrishnan

Rediff.com14 Jul 2022

The Enforcement Directorate on Thursday arrested former NSE MD Chitra Ramakrishnan in a money laundering case connected with alleged illegal phone tapping and snooping of stock exchange employees after getting the nod from a Delhi court to probe the matter. Special Judge Sunaina Sharma allowed four-day custodial interrogation of Ramakrishnan. The former NSE MD was produced in the court from jail on order passed by the judge earlier.

World Hypertension Day: 5 Asanas To Help Lower Blood Pressure

World Hypertension Day: 5 Asanas To Help Lower Blood Pressure

Rediff.com17 May 2025

On World Hypertension Day, Atmarpit Dr Mansiji lists five gentle yoga poses that ease stress, calm the mind, and lower blood pressure naturally

Private sector banks' credit costs up in Q3FY25 on higher provisions

Private sector banks' credit costs up in Q3FY25 on higher provisions

Rediff.com27 Jan 2025

Private sector banks that announced their earnings for the October-December quarter (Q3) of 2024-25 (FY25) reported a rise in credit costs due to higher provisions, mainly for unsecured retail loans.

Ranji final: Ton-up Malewar leads Vidarbha fightback on Day 1

Ranji final: Ton-up Malewar leads Vidarbha fightback on Day 1

Rediff.com26 Feb 2025

Malewar made the most of his recent form having notched up scores of 75 and 79 in the knockout games.

Indian IT companies need to be paranoid: HCL CEO

Indian IT companies need to be paranoid: HCL CEO

Rediff.com24 Feb 2025

The time is up for the over three-decades-old business model with the advent of artificial intelligence, HCL Technologies' chief executive C Vijayakumar said on Monday. Speaking at industry lobby grouping Nasscom's annual NTLF event in Mumbai, Vijayakumar said companies need to be "paranoid", given the wide-ranging impact of AI and stressed that this attitude will help them to be relevant and grow. "I strongly believe that the business model is ripe for disruption.

Gold surges Rs 1,800 per 10 gram to breach Rs 1 lakh-mark

Gold surges Rs 1,800 per 10 gram to breach Rs 1 lakh-mark

Rediff.com22 Apr 2025

Gold future prices sustained upward trend for the fourth straight session by surging Rs 2,048 to hit a fresh record high of Rs 100,000 per 10 grams as investors rushed to safe havens after US President Donald Trump indicated plans to overhaul Federal Reserve amid continuing global trade war jitters. On the Multi Commodity Exchange (MCX), the August delivery contract of the yellow metal bounced by Rs 2,048 or 2.1 per cent to hit a fresh peak of Rs 100,000 per 10 grams in the mid-session trade.

'Yes Bank has solved the asset quality problem'

'Yes Bank has solved the asset quality problem'

Rediff.com17 May 2025

'Now we have one of the best asset qualities in the industry.'

Paytm Payments Bank MD and CEO Surinder Chawla quits

Paytm Payments Bank MD and CEO Surinder Chawla quits

Rediff.com9 Apr 2024

Beleaguered Paytm Payments Bank's managing director and CEO Surinder Chawla has resigned from the company, a regulatory filing said on Tuesday. Chawla's resignation comes amidst Paytm Payments Bank facing prohibitory action from banking regulator RBI. "Surinder Chawla, managing director and CEO of PPBL, has tendered his resignation on April 8, 2024, on account of personal reasons and to explore better career prospects.

'Police Encounters Were Done To Create Fear'

'Police Encounters Were Done To Create Fear'

Rediff.com2 Jun 2025

'...in the minds of the youth of Assam.' 'Now, no protests happen in Assam because of fear of police encounters.'