Sukanya Verma looks at the recent spate of book-to-screen adaptations.
Infosys co-founders N R Narayana Murthy and Nandan Nilekani along with their family members on Monday sold shares worth Rs 6,484 crore in the country's second largest software services firm.
'The $80,000 revenue per employee we will get through quite easily.'
Since April, India has seen multiple strains of the coronanavirus sweep the nation, upending life and businesses alike. Out-of-home retail and discretionary categories such as durables, auto, fashion, lifestyle, hospitality, food services, travel, and tourism have been the worst-hit as Covid cases remain high, leaving state governments with no option but to curtail mobility and economic activity.
Restricted stock units can be an effective tool to curb employee attrition and retain key talent
As Raazi hit theatres, Harinder Sikka -- author of Calling Sehmat, the book on which the film is based -- reveals the thrilling real life story of an Indian spy named Sehmat.
'Where is the board's accountability in this whole transaction? The members of the earlier board who participated in approving and defending these acquisition are still in the current board,' the whistleblower said in a mail sent to US SEC and Sebi.
The company has decided to consolidate its delivery functions horizontally
Four Indian-Americans, including top US attorney Preet Bharara, are among 38 distinguished personalities who have been honoured with this year's prestigious "Great Immigrants: The Pride of America" award.
Infosys new chief executive officer and managing director Vishal Sikka took charge of the company in August.
Even as high attrition rates continue to haunt Infosys, the country's second-largest IT services firm is confident of bringing it down to 12-14 per cent in the next two quarters as it gets back to the growth trajectory.
Both Raazi and Veere Di Wedding are interesting films that worked. There is no point reading a trend in them, says Vanita Kohli-Khandekar.
Infosys now plans to re-purpose Skava's micro services-based business and re-focus Panaya's suite of products.
Nandan Nilekani said the co-founders have served the company "selflessly" and remain committed to the long-term success of Infosys.
Reliance gold scheme does not require demat account.
Analysts say the company remains on a firm footing, stake sale by the founders will not impact fundamentals.
Billionaire Mukesh Ambani's Reliance Industries has announced the contours of carving out of its oil-to-chemicals (O2C) business into an independent unit with a USD 25 billion loan from the parent, as it looks to unlock value by selling stakes to global investors like Saudi Aramco.
Now mergers, acquisitions, sale of assets, fundraising, strategic intent and competitive position in the market are part of business life everywhere.
Pai argued that at a time when the salary for entry level software engineers had not been raised in the IT industry in India for the past seven years, it was totally wrong to hike the compensation for top-level executives.
To make money, invest in both good and bad times; otherwise the entire exercise is futile, experts tell Joydeep Ghosh & Sanjay Singh
This challenge has been made a little more daunting with the addition of two new uncertainties.
IT major Infosys on Friday announced a 3.1% increase in profit to Rs 3,096 cr, besides announcing a 1:1 share bonus
Infosys had guided for a revenue growth in the range of 11.5-13.5%, which has now been lowered to 10-12%.
As Prime Minister Narendra Modi visits US, fund managers from India and abroad expect improving sentiments and impressive returns from Indian markets to help attract billions of dollars flowing into the country's asset management industry.
"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.
Gopalakrishnan, who is the immediate past President of CII, is the Chairman of the summit.
India accounted for 2.2 per cent of the revenues of Infosys.
Even after this sale, the founder group will continue to have a substantial shareholding in the company.
If one compares returns, the two public-sector ETFs have done better over the past year, but the ELSS category has done better over the trailing three and five years.
'Employees find work challenging and fun'.
Infosys has been making bets on automation and other high-margin services like artificial intelligence to regain some ground
When selecting a liquid fund, stick to schemes with an AUM of above Rs 1,000 crore.
New initiatives expected to bear fruit by middle of 2015
"We remain open to opportunities if appropriate valuations come up," said Reliance MF CEO Sundeep Sikka. Reliance MF, which is India's biggest mutual fund in terms of assets under management, has also become the first fund house to cross an average AUM of Rs 1 lakh crore. "Consolidation has already started in the industry and, going forward, only top 5-7 fund houses would command the major chunk of funds as investors will have confidence in large fund houses," Sikka said.
Infosys needs to be more innovative and disruptive with its product and services, keeping its focus on growth.
Reminiscing time spent at the firm he co-created with six other friends in 1981, Infosys non-executive chairman S Gopalakrishnan said many major events in his life are linked to major milestones of Infosys.
Infosys co-founder N R Narayana Murthy on Monday denied that he had withdrawn his concerns about governance lapses at the firm, saying the board has to address these "properly" and "full transparency should be displayed and people responsible for it should become accountable".
The MF Industry had a cash-rich 2014 as it crossed the Rs 3 trillion mark.
India has signed an agreement with the Canadian Light Source and the University of Saskatchewan to promote synchrotron research, a high tech area of nuclear research.
Reliance MF, the country's largest fund house, has witnessed an increase of about 13 per cent with the average AUM crossing the Rs 1,00,000 crore mark in May as compared to Rs 88,387.98 crore at the end of April. In May 2008, it had crossed the Rs 100,000 crore mark, but in terms of total assets under management. This time, the level has been crossed in the average monthly AUM, which is taken into consideration in the data released by the Association of Mutual Funds of India.
