Arun Sarin, the chief executive of Britain's mobile giant Vodafone, would leave the company with over 25 million pounds in his pocket.
Arun Sarin, a controversial albeit one of the most successful CEOs of British telecom giant Vodafone, will hang his boots on Tuesday to don a new gear for trekking in Himalayas.
Vodafone, which acquired controlling stake in India's Hutch Essar, will bring its brand to the subcontinent later this year, the company's chief executive officer Arun Sarin has said.
PIOs have also emerged among the most powerful businessmen of their respective sectors, led by the likes of steel tycoon Lakshmi Mittal and telecom titan Arun Sarin. While Mittal, recently named UK's richest persons for fourth year in a row, has been identified as the fifth most powerful in the UK manufacturing business, Sarin has beaten all to grab the top slot in the 100 most powerful persons list for country's technology and telecom sector.
Sarin said Hutchison obviously had its own compulsions of not being able to continue in India.
Viswanathan Anand is the third Indian in the top 10, occupying the 10th spot with an ELO rating of 2750.
British telecom major Vodafone's former chief executive Arun Sarin received 500,000 pounds (Rs 3.87 crore) to relocate to the US following his departure from the company.
Anish Giri blundered a piece against Magnus Carlsen, losing in just 22 moves.
The grand old party alleged that these namesake candidates are backed by the Communist Party of India-Marxist and the Bharatiya Janata Party to confuse voters.
Uzbekistan's young grandmaster Abdusattorov Nodirbek emerged sole leader in the open section of the Tata Steel Chess India Rapid tournament in Kolkata on Wednesday.
Arun Sarin on Tuesday got a left handed compliment on the last day as CEO of the world's largest telecom firm Vodafone when he was asked to intervene to pacify agitated Indian-origin sharholders who wanted to know if he was being pushed out of the company that he took to new high.
Vodafone CEO Arun Sarin is expected to visit India next month to reconstitute the board of Hutch Essar, which would be renamed as Vodafone Essar.
Magnus Carlsen concluded the first nine rounds with an impressive 6.5 points out of a possible 9.
"We always prefer long-term regulatory policies as we have to plan our businesses for long-term," Arun Sarin, the outgoing CEO of UK-based Vodafone Group, one of the world's largest mobile operators, said here.
British telecom giant Vodafone's Indian-origin CEO Arun Sarin, who announced his surprise resignation on Tuesday, has fared worse than the global average when it comes to the tenure as chief of a company.
British telecom giant Vodafone on Wednesday ruled out any higher offer for buying out Essar's 33 per cent stake in mobile venture Hutch-Essar, saying it would be same as that for Hutchison Telecom's stake.
Vodafone debuted at 20th rank in this year's list, prepared by consulting firm Hay Group and Chief Executive Magazine. PepsiCo is down to 7th position from its third rank last year. In the 2006 list, Citigroup, now headed by another Indian origin banker Vikram Pandit, was ranked at fourth. However, it does not find a place in this year's list. Nagpur-born Pandit was named the CEO of Citigroup earlier this month, after his predecessor Charles Price stepped down last month.
Defending champions Triveni Continental Kings outclassed PBG Alaskan Knights in both final matches to secure their second successive title in the Tech Mahindra Global Chess League.
World number seven Erigaise Arjun started his campaign on a positive note, outplaying Eltaj Safarli of Azerbaijan in the first round of the Sharjah Masters chess tournament in Sharjah.
The coin toss gave the Alaskan Knights the white pieces, with 20 minutes per player on the clock -- 40 minutes are alloted a match.
In a surprising turn of events, Mumba Masters defeated tournament leaders PBG Alaskan Knights, denying them direct qualification to the finals of the Tech Mahindra Global Chess League in London on Wednesday.
The Bharatiya Janata Party announced on Saturday that Navya Haridas, a two-time councillor in the Kozhikode Corporation, will be the National Democratic Alliance candidate for the Wayanad Lok Sabha by-election.
An average voter turnout of 20 per cent was recorded in the first four hours of voting in the bypolls to 15 assembly seats spread across Uttar Pradesh, Punjab, Kerala and Uttarakhand on Wednesday amid an incident of stone pelting in a village in UP's Meerapur and allegations of police personnel deterring voters from casting their ballot.
Top seeded Grandmaster Erigaisi Arjun played out a draw with eventual winner Bardiya Daneshvar of Iran in the ninth and final round to finish in the top 10 at the Sharjah Masters International chess tournament in Sharjah.
Another Indian, Arjun Erigaisi could not crack the solid defences of Parham Maghsoodloo of Iran and had to settle for a draw.
Indian Grandmaster Arjun Erigaisi was stunned by Nikolas Theodorou of Greece in the second round of Sharjah Masters chess tournament in Sharjah.
Joining the elite 2,800 rated chess players club will get Arjun invites for top chess tournaments as well as better appearance fees.
Chemical weapons have been used in the ongoing conflict in Syria on a "relatively large scale", a United Nations report said, without blaming any side.
Almost five years later, the three services have still not fully understood that joint/theatre commands are not a discussion point; they are the prime minister's diktat on a military reform measure that is in line with what armed forces around the world have implemented, points out Ajai Shukla.
Reigning champions Triveni Continental Kings secured a 10-8 win over upGrad Mumba Masters in the opening match on day five of the Tech Mahindra Global Chess League in London on Monday.
Erigaisi Arjun was held to a draw by Alexey Sarana of Serbia
Observing that working conditions have made doctors and health professionals susceptible to violence, the Supreme Court on Tuesday constituted a 10-member task force to formulate a national protocol for ensuring safety and facilities for them in the wake of the rape and murder of a medic in Kolkata.
Sooraj R Barjatya was judged Best Director for the Hindi movie Uunchai at the National Film Awards.
'...something that should be discussed because it is a very important part of life.'
Aravindh Chithamabaram took his tally to 3.5 points out of a possible four.
Aviation Working Group (AWG), a global aviation leasing body comprising major planemakers and lessors, on Monday further downgraded India as lessors have not been able to repossess their planes from Go First more than four months after the airline filed for insolvency. The leasing cost stands as a prominent expense for Indian airlines. With AWG's downgrade, it is likely that lessors will increase the aircraft leasing rates for Indian carriers.
Surgeon Rear Admiral Arti Sarin greets the first batch of girl cadets inducted by the Rashtriya Military School, Ajmer, August 26, 2022.
At the end of the fifth round India's Aravindh Chithambaram is now followed by four players -- the Iranian duo of Amin Tabatabaei and Bardiya Daneshvar and Americans Hans Moke Niemann and Sam Shankland -- who all have four points each.
The protest continued even as the Supreme Court intervened in the matter and constituted a 10-member National Task Force to formulate a protocol for ensuring the safety and security of doctors and other healthcare professionals.