For the first time, the bank is recruiting the CFO from outside its experienced talent pool of top management.
Some analysts see more upside in FMCG stocks given the performance gap between the sector and the market.
The finance ministry will kick-start the exercise to prepare the Union Budget for financial year 2022-23 (FY23) from October 12, according to an official notification released on Monday. "The pre-Budget meetings as well as the meetings to discuss the revised estimates will start from October 12 and will continue till the second week of November," according to the Budget circular of the Department of Economic Affairs' Budget Division. The Union Budget is expected to be announced on February 1, as has been the practice of the past few years.
Do you have parents who have turned 60? You may want to forward Sarbajeet K Sen's suggestions to them.
While there were Rs 7.01 trillion worth of new assets in December 2019, this fell 88.6 per cent to Rs 80,000 crore for the three months ending December 2020, shows data from project tracker Centre for Monitoring Indian Economy (CMIE), reports Sachin P Mampatta.
IndusInd Bank, Kotak Bank, ICICI Bank, Sun Pharma, Bajaj Finance and Ultratech Cement were prominent gainers. NSE Nifty rose 176.65 points to 14,867.35.
Uttar Pradesh left-arm spinner Saurabh Kumar is the only new face in the 18-member Indian squad for the three-Test series against Sri Lanka.
Textiles: Slaps mandatory excise duty on RMG and apparels with 40% abatement on MRP
Tusshar Kapoor, who embraced fatherhood, talks about the perks and challenges that come with the role.
The survey, conducted among over 20,000 executives across 95 countries, noted that flexible working can be used to avoid employee churn as 73 per cent of the respondents believe that flexible working is a perk that attracts top talent.
They alleged that while the salaries and perks of other employees are paid in full albeit with a delay, the same for the pilots and cabin crew are ignored
The actor slays in a black bralette worn with a embellished lehenga on the cover of FHM.
HR Guru Mayank Rautela offers practical advice.
The former Union minister said the population debate is 'utterly misplaced' and half a century out-of-date as a large majority of Indian states have achieved replacement levels of fertility.
The tough part about coaching is that you have to trouble the comfortable, and comfort the troubled, observes Sandeep Goyal.
'I have been lucky to be able to show my talent more as a sports anchor, and I could do this for life!'
Namrata Thakker takes a peek into his glamorous life through his Instagram pictures.
Jet Airways is working on a plan that will entail a reduction in flight duty hours of its unconfirmed cabin crew (that will reduce their take-home salary), withdrawing some perks and downgrading entitlements like hotels as part of a package to reduce manpower costs. Perks on the block include a weight allowance (given to cabin crew if they maintain a certain body weight) and allowances for staying abroad amongst others.
Let's take a look at some of the perks being offered by airlines.
Very soon, travel on the Mumbai-Ahmedabad Shatabdi Express will be one smooth and comfortable ride. Check out the swanky features of the new coach unveiled on Tuesday.
'When the country is jobless, why should I pay through my nose to feed these people who want some perks in office?' 'Let them also join India's unemployed.' 'Let them also taste the bitter medicine of being jobless.'
Among the 21 MLAs who have been appointed parliamentary secretaries for the "smooth functioning of the government" are Adarsh Shastri, Jarnail Singh and Alka Lamba.
'I think public awareness should be created and laws should not be made only for the sake of politics'
Will Ishan Kishan get Rs 15.25 crore for one year, or for three years? Do the players get their IPL payments, whether it is in full or in part, and what is the payment schedule? Harish Kotian/Rediff.com explains all you need to know about IPL player payments.
To avoid season pricing, keep a close eye on the calendar and begin planning travel at least 60 to 90 days in advance keeping tentative dates in mind.
'Is baar vote jati par nahi, kaam par milega.'
The Supreme Court of India on Wednesday appointed Justice Rakesh Kumar Jain, a former judge of the Punjab and Haryana high court, to supervise the Uttar Pradesh SIT's probe on day-to-day basis into the Lakhimpur Kheri violence in which eight people including four farmers were killed on October 3.
A company not only requires ample funds to get it started but also the necessary intellectual and emotional tools to make it a success.
Though the ministry is considering 2017-18 as the new base year, no decision has been taken as the committees of experts are awaiting some more data before finalising their opinion.
Top American executives are no strangers to perks, from company-owned condominiums to private jets. What the founders of Google -- Larry Page and Sergey Brin -- have, however, will make a lot of CEO's question their next set of perks.
The Confederation of Indian Industry in its budget wish list has urged to government to scrap the fringe benefit tax.
Cricket-loving Satya Nadella will get a base annual salary of $1.2 million as new CEO of Microsoft, but his overall package after taking into account bonus and stock awards may reach $ 18 million (Rs 112 crore) a year besides various other perks.
Salary hike is fine but govt must reduce support staff to get its math right.
With the world's worst outbreak of COVID pandemic stalling a nascent economic recovery, the government has begun assessing the impact of the second wave of infections on different sectors and may look at providing support at an appropriate time to segments requiring fiscal help. Some of the economic indicators, including the Goods and Services Tax (GST) collections, still provide confidence and incoming data will throw some more light on the state of the economy, sources said. Services sectors like hospitality, tourism and aviation which had just started recovering were hit hard by the second wave of COVID, the sources said, adding these segments might need some support on an urgent basis from the government.
The government on Wednesday said it will borrow Rs 7.24 lakh crore in the first half of 2021-22 fiscal to meet resources to perk up the economy hit by the coronavirus pandemic. According to the Budget 2021-22, the government's gross borrowing was estimated at Rs 12.05 lakh crore in the financial year beginning April 1. "In the Budget, we had announced that there would be a gross borrowing of Rs 12.05 lakh crore and net borrowing of Rs 9.37 lakh crore. "In the first half of 2021-22, we would be borrowing Rs 7.24 lakh crore, which is 60.06 per cent of the gross issuances," economic affairs secretary Tarun Bajaj said. He said the government would issue 2-year, 5-year, 10-year, 14-year, 30-year, and 40-year securities.
The seat had fallen vacant following the death of Chirag Paswan's father and Lok Janshakti Party founder Ram Vilas Paswan. The BJP has nominated former Bihar deputy chief minister Sushil Kumar Modi for the seat.
Until June 2018, the ICICI Bank board had given a clean chit to Kochhar with full backing and had said there was no question of favouritism, nepotism or conflict of interest on her part in granting loans to Videocon Industries or any other company. However, the stance changed soon after the regulatory and probe agencies initiated enquiry in the matter.
Satellite Shankar is a fun, time-pass film, feels Prasanna D Zore.
The first step? Get in touch with past employers and colleagues to see if there are any opportunities, advises Ravish Agrawal, founder and CEO, Able Jobs.
