Apollo Tyres chairman and managing director Onkar Kanwar on Tuesday took over as the new president of industry body FICCI for 2004-05.
China and India, who are poised to spearhead global economic growth, should not be complacent but strive to enhance productivity and develop critical thinking skills
Raising its pitch against the UPA government's move to reserve jobs in the private sector, industry body FICCI on Thursday said it was no solution to unemployment in a market-driven economy and offered its services in imparting skills for generating
Apollo tyres lines up Rs 1,160 cr investment to set up manufacturing unit in Hungary to produce passenger car radials.
The meeting will be attended by Russian President Vladimir Putin, Chinese President Xi Jinping, South African President Cyril Ramaphosa and Brazil's Jair Bolsonaro, according to the MEA.
The list includes Gautam Adani's brother Vinod Adani among others.
The shareholding of Apollo Tyres Limited promoter Onkar S Kanwar will come down by 6.54 per cent to 37.33 per cent after preferential allotment of 14.90 per cent of the company's existing shares to French Tyre major Michelin Group.
Early GST rollout to help create more jobs, boost output, says IMF.
Indian family-run business houses have in recent years seen ugly public spats between owners over control. But metals-to-ports conglomerate Essar's Ruia family seems to be an exception. Three generations of the Ruia family - founder brother Shashi and Ravi Ruia, their children and grandchildren - continue to live under one roof and jointly run the business empire.
The move comes after Neeraj Kanwar's reappointment as managing director was rejected by minority shareholders owing to his salary, which increased in spite of a fall in the company's profitability.
Minimal tax at the lower level may be ten\n>per cent. But that should start at Rs 500,000 and there should be no tax between Rs 100,000-Rs 500,000.
Apollo Tyres' $100 million project in joint venture with Michelin would begin production from early 2006, its chairman and managing director Onkar S Kanwar on Tuesday said.
Apollo Tyres on Thursday said it is looking at laying off about 1,500 of its workforce.
Industry experts are demanding a change in the inverted duty structures this Budget to boost domestic industries.
Apollo overtakes MRF to be the largest tyre maker.
Hinting at tax reforms during the next fiscal year, Prime Minister Manmohan Singh on Saturday assured the industry of better tax administration as he unveiled plans for Rs 60,000 crore
Bajaj Auto's Rahul Bajaj, Sunil Mittal of Bharti and Oil and Natural Gas Corp's Subir Raha are among the 20 finalists announced by Ernst and Young for the E&Y Entreprenuer of the Year award.
The RBI wants to include shares and options within the variable salary of the CEOs, proposed to be capped at 200 per cent of their fixed salary; the floor for it is 50 per cent.
Government on Monday formed a multi-agency group to monitor exposes in this regard and vowed to take action against all "unlawful" accounts held abroad.
Today, Apollo Tyres is the first made-in India automotive brand to be sold in Europe independently.
'He has sacrificed a lot. Always done something for others. But never asked for anything in return.'
Media tycoon Kalanithi Maran and his wife Kavery Kalanithi have retained the top two slots among the highly paid executives in the country.
'Given the past record, no one will be prosecuted, especially since the beneficiaries comprise the most powerful people in the country. They will pay a fine and be let off.'
The analysis covers BSE 200 Index's 171 companies for which data on the compensation to the boards of directors for FY14 and FY13 are available.
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