Asked if there was a timeline to see a turnaround at Infosys, Kamath said the country's second largest software services firm was a profitable company.
Oyo has recently undergone large-scale corporate restructuring, setting up several subsidiaries and bifurcating operations globally.
Gopalakrishnan, who is the immediate past President of CII, is the Chairman of the summit.
Chatterjee said the compNY is not aware of any major client concerns at this point.
Reliance Industries Chairman Mukesh Ambani retains the title of India's richest man with personal assets of $18.9 billion.
In a bid to strengthen the executive management Zee Telefilm's Subhash Chandra has relinquished the post of managing director and appointed Pradeep Guha as chief executive officer.
Digital, cloud, engineering services, and cybersecurity will drive Wipro's growth. 'Based on approval from the board, we have decided to step up our investments significantly in these four big bets,' Premji said in his last address as executive chairman.
Infosys said it is also "aware of a securities class action lawsuit" that has been filed against the company in a federal court in the US, based on the generalised allegations in the anonymous complaints. The company intends to defend itself vigorously in such a lawsuit.
"The company has been in touch with the Securities and Exchange Commission (SEC) regarding the anonymous whistleblower complaints (anonymous complaints) and has learnt that the SEC has initiated an investigation into this matter. The company will cooperate with the SEC's investigation," Infosys said in a statement.
Mistry is halfway through in building Tata group's Gen Next.
The senior Tata Group executive's appointment as NSDC chairman raises the vital question of conflict of interest
Shiv Nadar's daughter, Roshni, joins HCL Tech board
Warren Buffett defended his plan to appoint his son, Howard, who has little investing experience, as non executive chairman, saying the younger man's role would be to ensure that Berkshire had the right CEO in place.
Kant, an alumnus of IIT-Kharagpur, was managing director of the company before being promoted as vice-chairman five years ago.
The panel suggests the government be authorised to raise the thresholds, which trigger applicability of Corporate Social Responsibility provisions.
Wife Nita, who joined the board as non-executive director in FY15, draws Rs 84 lakh
Unilever president (Asia & Africa) Harish Manwani is to succeed M S Banga as the non-executive chairman of Hindustan Lever Ltd.
In the run-up to the retirement, senior non-executive directors are expected to take up supervisory role in a two-tiered board system consisting of an executive board and a supervisory board.
Yusuf Hamied, Anji Reddy and Parvinder Singh are the real pioneers of the Indian pharmaceutical industry.
Lack of time was cited as the main reason for Bharti Chairman Sunil Mittal's exit from the Unilever board.
Until now, the compensation for non-executive directors was just Rs 21 lakh.
Michael Kasprowicz quits Cricket Australia Board
Lewis Hamilton has signed a three-year deal with the Mercedes Formula One team and will replace seven times World champion Michael Schumacher, Mercedes said on Friday.
Lewis Hamilton won the Monaco Grand Prix for Mercedes on Sunday, nursing his car's worn tyres to the finish in a nail-biting victory worthy of the team's late great Niki Lauda.
Lewis Hamilton collected his champion's trophy at a glittering gala in Paris after ending the year in touching distance of Michael Schumacher's records for wins and titles.
An MBA from Harvard Business School with work experiences in global firms like Bain Consulting and GE, Rishad joined Wipro in July 2007 as a business manager in the banking and finance division.
Prock-Schauer, 56, succeeds Hartmut Mehdorn, who was CEO on an interim basis since September 1, 2011, the company said, adding that Mehdorn will continue to serve as a non-executive director of the Board.
With real estate valuations falling and other deals coming unstuck, the current management's improved target faces significant challenges.
JLR, the maker of Jaguar F-Type and Range Rover Evoque, was a jewel in the crown of Tata Motors till two years back. But, it has been struggling because of the pending Brexit, a sharp contraction in sales in China, a shift in consumer preference from diesel to gasoline in Europe, higher taxes on diesel vehicles, and tightening regulations.
After Finance Minister P Chidambaram's indication the tax department would not act rashly on the issue, the company on Thursday said it was ready to discuss a solution with the government.
At a meeting held in Mumbai on Monday, the board of NSE decided that Ramkrishna, currently Joint managing director of the bourse, will take charge as MD and CEO with effect from April 1, 2013 for five years.
On Tata's retirement in December, 2012, Mistry will take the charge of IHCL.
The candidate will be expected to have at least two to three years of remaining service.
Market regulator Sebi had imposed a penalty of Rs 50 lakh (Rs 5 million) on V K Kaul -- who was a non-executive independent director of Ranbaxy Laboratories between January 2007 and December 2008 -- and a fine of Rs 10 lakh (Rs 1 million) on his wife Bala Kaul.
Ahead of a scheduled discussion in Parliament on the Finance Bill, 2012, for its clearance next week, top bosses of Vodafone Plc met senior functionaries of the government on Tuesday to discuss tax issues that have emerged due to the proposed retrospective amendments in the Income Tax Act, 1961.
