'Companies will need to revisit compensation structures, contracts, staffing models, and human resources system.'
Prominent exits by promoters included a Rs 15,300 crore share sale in Indus Tower by Vodafone Plc, a Rs 9,300 crore share sale by the Tata group in Tata Consultancy Services.
The 30-share Sensex ended lower by 202 points at 21,064 and the 50-share Nifty fell 57 points at 6,262. The Sensex and Nifty touched an intra-day low of 20,016 mark and 6,246 levels, respectively.
The broader markets underperformed the benchmark indices- BSE Midcap and Smallcap indices fell between 1-2%.
Find out why Tata Sons pledged 11 million shares in Tata Motors, 10 million in Tata Steel and and 15 million in Tata Consultancy Services with Centralbank Financial Services Ltd.
TCS was in charge of development and management of the portal for seven years, until MCA decided to hand the work of its IT vendor to Infosys.
Plans over $1 bn equity sale to fund group buyouts.
TCS CEO S Ramadorai discusses issues like increasing salaries, price pressures and how the industry needs to tackle the future.
The trade-war between the US and China is prompting investors to flee from risky assets, such as equities, to safe-haven bets, such as gold and treasuries
While selling started in April, it has intensified this month, with FPIs pulling out $1.1 billion and $2.5 billion from equities and debt market, respectively
Stamp of approval on CEO's strategy and long-term goal for the company
Samvat 2070 was a great year for top Indian conglomerates in the stock markets.
While study was done before the current boardroom battle began, the findings indicate Tata is no longer viewed as aspirational brand by working professionals.