India's second largest IT company Infosys' board has approved the grant of stock incentives or Employee Stock Option Plans (ESOPs) worth over Rs 51 crore to CEO and MD Salil Parekh. These stock incentives are under various heads including ESG and equity, and add up to over Rs 51 crore.
The incident happened on Monday as activists of the Hindu Sangharsh Samity were protesting the arrest of Hindu leader Chinmoy Krishna Das and atrocities on minorities in Bangladesh.
On his PIL, the SC had in 2013 directed the Centre and the states to set up a Civil Services Board to decide on transfers of officers.
As the ice-covered parts of the Arctic Ocean melt due to climate change, China has flagged its interest to take part in building 'Polar Silk Road', raising prospects for the emergence of a new sea route.
Developed markets have performed better than emerging market firms in the top 10 TSR-based rankings, says a BCG report.
In the letter, the lieutenant governor said that in the past one week, a "gloomy face of governance" emerged in Delhi where "organised, structured and specialised administrative machinery" is yet again facing the "brunt" of "highhandedness" of the political executive.
Infosys CEO Salil Parekh has got a massive 88 per cent jump in annual remuneration to Rs 79.75 crore, making him one of the highest-paid executives in the country. The software services firm has sought shareholders' approval for the reappointment of Parekh as chief executive officer and managing director for a second five-year term beginning July 1. According to the company's annual report released on Thursday, Parekh, 58, took home a salary of Rs 71.02 crore in the fiscal year ended March 31, 2022.
The BCG analysis shows Lupin gave an annualised average TSR of 29.9 per cent, ahead of the 18.4 per cent of Israel-based Teva Pharmaceutical, the world's largest generics maker. Teva is next on the list. Another Indian generic maker, Glenmark, occupies third position, with an 18 per cent TSR to its investors.
Snapshots from the star-studded show.
It has also proposed that CEO and managing director Salil Parekh be granted annual performance-based stock incentives in the form of restricted stock units worth Rs 10 crore under the 2019 Plan.
Here's a look at pictures from the TSR TV9 film awards ceremony.
Capping a day-long acrimonious debate in the Assembly that went on till the wee hours of Saturday, the motion was defeated by 84 votes in a head count by division.
A large number of people had gathered on the NH 08 at Panisagar and blocked it, demanding to call off the resettlement planning of the government. The Joint Movement Committee (JMC) comprising Bengalis and local Mizos had observed five days strike from Monday on the issue and blocked NH8 Saturday.
Jailed Commonwealth Games Organising Committee former Director General V K Verma was on Tuesday granted custodial parole to attend the last rites of his mother-in-law in Chennai.
The Central Bureau of Investigation was allowed by a Delhi court to quiz two former top officials of CWG Organising Committee, Lalit Bhanot and V K Verma, in custody for five days in connection with alleged irregularities in the Rs 107- crore deal with a Swiss firm for supply of timing, scoring and result (TSR) systems.
Standing in the sun trying to waive down an auto and then haggling for the right fare could soon be a pass as 'auto-on-phone' service is set to start soon in New Delhi.
The incident occurred at a Tripura State Rifles camp at Shermuntila in North Tripura district.
He was speaking on the sidelines of a function to inaugurate the new building to house the Environment Ministry.
Prakash Javadekar's one year as India's minister of state (independent charge) of environment, forests and climate change has been an unmitigated disaster, says activist Himanshu Thakkar.
Rejecting Arvind Kejriwal's allegation on gas pricing issue, Petroleum Minister M Veerappa Moily on Tuesday hit back at the Delhi Chief Minister and said that price fixing of petroleum products is done as per expert advice.
"The policy draft has been approved. The ministry has been renamed as education ministry," a senior HRD ministry official said. The existing NEP was framed in 1986 and revised in 1992. A new education policy was part of the Bharatiya Janata Party's manifesto ahead of the 2014 general election.
The Ministry of Information and Broadcasting runs various awareness programmes for the citizens leveraging the Internet and the social media.
Elliott Capital's letter to Cognizant, detailing how the latter can reinvent itself, has many lessons for its India-listed peers like TCS and Infosys, says Akash Prakash.
Legendary singer Lata Mangeshkar has been honoured with the first Yash Chopra Memorial Award for her contribution to Hindi cinema.
There is a proposal to term forests as areas so notified and not include plantations on private land.
Andhra Pradesh, which has lately been a hotbed of activity following the decision on Telangana will continue to see more drama in the days to come. Chief Minister Kiran Kumar Reddy appears to have made his peace with the decision to bifurcate the state, but is weighing his options heavily in order to launch a new party. Vicky Nanjappa reports.
Officers of the three premier services -- Indian Administrative Services, Indian Police Service and Indian Foreign Service -- will now spend a minimum of two years at each posting and any exception in the form of transfers or new appointments will only be done upon the recommendation of a civil services board, according to new rules aimed at checking political interference.
'I am not human... :)' SS Rajamouli has some fun on Rediff Chat.
Recent investigations into the telecom spectrum and coal scams have made bureaucrats very wary of taking decisions.
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