Tata Power has paid its Chairman Ratan Tata a total remuneration of Rs 68.4 lakh in the last fiscal, marking an increase of about Rs 6 lakh from the previous year.
A glaring error by Ferrari denied Charles Leclerc the chance to shine at home, with the 21-year-old failing to make it through the first phase and qualifying only 16th after going fastest in final practice.
The appointment is effective from February 16, 2012, following formal approval from the Board of Vodafone India.
Lauda won two world championships in 1975 and 1977 with Ferrari and a third in 1984 with McLaren. His rivalry with British driver James Hunt, the 1976 champion for McLaren, was intense and became the subject of the acclaimed 2013 film "Rush".
This time, not only would the job cuts be higher, but they would be even more broad-based, encompassing various levels of employees.
Leading exchange BSE on Wednesday asked Infosys to explain why it did not make a disclosure about a whistleblower complaint which alleged that the company's top executives were following "unethical practices" to shore up profits through irregular accounting ways.
Australia's cricket governing body will recommend its entire board step down in accordance with an independent review that criticised its structure as being riven with conflicts of interests.
However, RIL's total outgo towards remuneration to its all top management personnel, as also the sitting fees and commissions for its non-executive directors, increased during the fiscal year ended March 31, 2012.
Independent directors were supposed to safeguard the interest of all stakeholders.
Such an exit arrangement is commonly known in the business parlance as 'golden parachute' or 'sweetheart deal'
The latest one being Ken Toombs, global head of consulting at the Bengaluru-based entity.
Ratan N Tata, chairman of the Board of Tata Motors, said, "Board respects Carl-Peter's personal circumstances that led to this move. We would like to thank him for his contributions to the successful development of our company in his role as Group chief executive officer and managing director."
The new chairman assumes his role at perhaps one of the most challenging times for both the company and the industry.
The board has decided to expand into all financial services for the rural population. SKS would, however, continue to be a strong player in the microfinance business. Financial inclusion would continue to be in the centre of our activities.
The company has appointed P H Ravi Kumar, independent director, as the interim non-executive chairman.
India's premier software services company, Infosys Limited, has reached out to its banker, the non-executive chairman of ICICI Bank, K V Kamath, to step into the shoes of its founder N R Narayana Murthy.
Uppal, Kotwal, Venkataramanan shortlisted for managing director's post; outsider not ruled out.
Infosys' first non-founder CEO had been granted 232,329 RSUs at Rs 5 a unit.
The English FA appointed its first woman board member since it was formed in 1863 when it named Heather Rabbatts as one of two new independent non-executive directors on Thursday.
Kamil's elder sister Samina Vaziralli has taken on an expanded role
Two corporate heads, Vikram Pandit and Mukesh Ambani, on Friday predicted great things about India's growth story. Particularly, the recent stress on inclusive growth.
Vodafone Plc's trusted ally, Analjit Singh of Max India, has been appointed non-executive chairman of its India operations. He talks about the backdrop of the two recent Supreme Court verdicts.
She received nearly 97.7 per cent of the votes in favour of her re-appointment, while nearly 2.32 per cent votes were cast against her
He is a member of the Board of Directors of Whirlpool Corporation, Pearson and Qualcomm Incorporated.
McLaren have no fears about losing Fernando Alonso to Mercedes after Formula One world champion Nico Rosberg's sudden retirement, the team's new executive director Zak Brown said.
This is the first major change of guard at India's second largest information technology services company, in the wake of the retirement of co-founder and chairman, N R Narayana Murthy, last week.
K V Kamath says he can never step into Narayana Murthy's rather large shoes, but would do his best to ensure Infosys continues to adhere to the highest standards of corporate governance.
Members of Parliament, state legislatures, and local governments not eligible to be members of PSB boards
Hamied however, will continue to be the Vice- Chairman of the company in a non-executive role effective April 1
The business conglomerate, with interests spanning across tobacco to FMCG segments, has sought shareholders' approval for the reappointment of Yogesh Chander Deveshwar, 64, as its wholetime director and chairman with effect from February 5, 2012.
Apple's shareholders got restless, but not rowdy. At Wednesday's annual meeting, they backed a plan giving themselves more say on non-executive director appointments.
Company's remuneration for top management personnel has declined.
Vishal Kampani said one of the important lessons he learnt from his father was to be humble.
The board meeting also saw Mehta, 57, being re-appointed as MD & CEO for a period of five years after the completion of his term in October
Rahul, son of K P Singh's elder daughter Renuka, has joined DLF India Ltd as a 'senior management trainee' with a pay package of Rs 57,725 per month, besides other benefits.
No reason was given for his resignation.
The Covid pandemic has left a question mark on how the central government manages its staff.
Even though ITC does not have a retirement age, Deveshwar's extension has been the subject of discussion since his five-year term was close to ending.
Despite rising borrowing costs and home loan EMIs, borrowers have some good options to keep their rising EMIs in check.
Many bankers say the move will have a serious impact on the chain of command of nationalised banks and that it would only enable the government to dish out favours to a few of their own men.
