Things don't seem to be good at low fare carrier SpiceJet's office. In past few months, its top rung officers have resigned over differences in opinion with the management.
The Mumbai-headquartered company now has an employee strength of 84,000 serving 540 clients across 46 countries. Its revenues are at $2:7 billion.
With the new entity coming in force, Bharti Airtel will lose the tag of India's biggest telecom service provider to the new entity.
Sources said Mallya has also been asked to furnish documents related to his personal finances
Fuelled by healthy growth, financial solutions major, i-flex Solutions Ltd, on Thursday said it has targeted doubling the headcount to around 10,000 by end of the current financial year.
Pfizer Ltd has said that its US parent company has nominated Kewal Handa as managing director of the company.
The goverment was keeping a watch on inflation, which has to remain below 5 per cent, said Economic Affairs secretary Rakesh Mohan in reference to the recent surge in international crude oil prices.
With telecom disruptor Reliance Jio not raising tariffs, incumbents Bharti Airtel and Vodafone Idea are focusing on the minimum monthly recharge and higher first recharge offers to ensure they retain only loyal and revenue-incremental subscribers, reports Romita Majumdar.
'If she contests it, then these people will have to fight it in court.'
People move from investment banking to growth equity or from venture capital to growth equity or entrepreneurship, depending on what's attractive at different points of life.
The revenue also rose 14.2 per cent to Rs 29,305 crore (Rs 293.05 billion).
'Abid Neemuchwala has demonstrated a deep understanding of technology, business vision, sound judgment, and an innate ability to bring people together.'
'Our network somehow saves 3,000 lives every year, but there's so much more to do, as every death due to shortage of blood is easily avoidable.'
There were no evidence of any kickbacks, inappropriate contracting or unreasonable expenses
Pai sought to look at the issue of founders raising questions as shareholder activism.
Narayanan said while there would be some redundancies as a result of integration of the back-end functions of Myntra and Jabong, it will, however, be less than 10 per cent of the overall headcount
Cisco, which employs about 73,000 people worldwide, has warned against a 'challenging macro environment'
Pai said more and more people -- whether they are employees, or investors or others -- are coming to the conclusion that this Board has to go and a new one has to come.
Larsen & Toubro Ltd will shortly file with the Bombay Stock Exchange its plans for a trust scheme for its employees to pick up 15 per cent stake of Grasim Industries Ltd.
Wayward employee behaviour at Uber and Infosys highlights the risk to corporate reputations.
Infosys aims to achieve an aspirational goal of $20 billion in topline by 2020.
In signs of sluggishness in the labour market, hiring activities declined in May as employers remained cautious tracking macro economic conditions.
The airline now has a total of 1,120 pilots of whom 88 are foreign pilots.
Infosys chief Vishal Sikka took home an annual salary package of $7.45 million (about Rs 48.73 crore) for the 2015-16 financial year.
The route to that target is clear in Sikka's mind.
The Board of Control for Cricket in India president Anurag Thakur, on Saturday, sought to justify its rejection of some of the major recommendations of Supreme Court-appointed Lodha Committee, saying that "it is upto the members of the Board to accept or reject them".
In a bonanza to its shareholders, country's third largest IT firm Wipro on Thursday said it will buyback up to four crore shares worth around Rs 2,500 crore (Rs 25 billion).
Flipkart, Jabong-Myntra and PhonePe will operate under this group structure and their CEOs will report to Binny
Myntra CEO Ananth Narayanan, who was earlier against the merger of the two fashion e-tail companies, is learnt to be meeting each Jabong employee one-to-one.
Former finance head Bansal, who left Infosys in 2015, has gone for arbitration over severance pay
The latest penalties for insider trading follows an earlier disgorgement order passed by Sebi in July last year.
The board expansion comes against the backdrop of an ongoing tussle between the founders and the management over contentious issues such as CEO salary hike, severance package to former employees and corporate governance standards.
There are also talks of branded garments being put under the luxury tax slab, which could be higher than 18 per cent.
Going ahead iGate will have to maintain a healthy order book to sustain growth.
