Rating agency Standard & Poor's on Friday revised upwards the long-term corporate credit ratings of software majors TCS, Infosys and Wipro to 'A' from 'BBB+.'
The Infosys saga shows how efforts to remote-control a company by its powerful promoter, even with good intentions, might hurt the entity, says Asish K Bhattacharyya.
'Our drains are not filled with bodies, our hospitals not run out of beds.' 'That good news, or absence of expected bad news, is the truth that so many in the international community, and also within India, seem unable to handle,' notes Shekhar Gupta.
BS Annual Awards 2014: Power-packed jury picks the best 7 of corporate India
An appraisal of performance of the board and practice of values and their synergy with the organisational strategy are all crucial for an organisation to evolve into an institution, say Ramachandran Kavil & Sougata Ray.
Vishal Sikka who was made vice-chairman till his successor was appointed, also quit the board with immediate effect.
A few analysts were surprised by the revenue growth of 3.8 per cent; many had expected revenue growth to be 2.5-2.7 per cent.
Additional levy to eat into Rs 6,000-crore income of top promoters
More and more the buck will stop at the board. Look no further than Infosys, says Amit Tendon.
Over the past few months, Infosys has been battling allegations by Murthy and other former senior executives of falling corporate governance standards.
They expressed disappointment over the firm's performance.
Narayan Murthy says the software industry has boosted the international image of India like no other sector.
With Infosys emerging out of an uncertain phase, the new management, led by CEO & MD Salil Parekh, is trying to catch up with market leaders, with the new strategy in place.
'The time has come to substitute the present Constitutional set-up with an alternative democratic framework,' argues B S Raghavan, the distinguished civil servant.
Credit Suisse thinks it possible for the company to narrow its forecast ('guidance') range.
Media tycoon Kalanithi Maran and his wife Kavery Kalanithi have retained the top two slots among the highly paid executives in the country.
'RBI and the economy will gain tremendously from Urjit Patel's experience in both private and public sectors'
IT stocks have dropped about 3 per cent in the days since the Donald Trump administration took first steps toward visa reform and all of India's highest-profile technology tycoons have seen their net worth eroded. Saritha Rai reports.
Stamp of approval on CEO's strategy and long-term goal for the company
Few lessons world leaders can learn from Tim Cook.
'The Aam Aadmi Party is the most successful and exciting start-up by an IIT-ian in the history of India,' former Infosys CFO V Balakrishnan tells Rediff.com's Vicky Nanjappa.
My interest is to work with young entrepreneurs to build businesses and see if I can add value to the boards of other global companies.
Sun Pharma stock has appreciated at 35% a year for 20 years
The financial year ending Saturday saw such big-ticket events that set the directional tone for the country's business journey.
At its current stock price, RIL now has 8.4 per cent weight in the Sensex against Infosys' 8.8 per cent.
Murthy said there was a need to change the mindset of the employees to focus on large deals.
'I suggest Rahul Bajaj come out in the open and give us his own white paper on the perceived sense of fear that he thinks haunts corporate India,' says Dr Sudhir Bisht.
'Over the next 10 years we expect more than 100,000 new start ups to come up and create more than $500 billion in value and 3.5 million to be employed in these start ups.' 'And these are the start ups that will be solving India's problems.'
Gopalakrishnan, who is the immediate past President of CII, is the Chairman of the summit.
Johnson becomes the 14th Prime Minister to be appointed by Queen Elizabeth II, the 55th to hold the post of British PM and the third in fairly quick succession since Britain voted to leave the EU in June 2016 - following on from David Cameron and Theresa May.
One should appreciate the sagacity and audacity of JRD and Nani Palkhivala in founding TCS on April 1, 1968. At that time there was no Microsoft or Intel, SAP or Accenture, much less Google.
They needed a person who could build and execute their vision: A frontiersman; a problem solver and an institution builder. It was their and India's good fortune that Faqir Chand Kohli more than measured up to their requirements and indeed laid the foundation to take TCS to unimaginable heights and to the giant success that it is today. Shivanand Kanavi salutes the incomparable F C Kohli, who passed into the ages last week.
'99 per cent of Indians who go to the US for their advanced studies they stay back there, which is a huge loss for India.
Sudha Murty has various roles -- philanthropist, author, teacher, wife, mother, grandmother, sister, aunt -- and she revels in each one of them, discovers Savera R Someshwar.
The 30-share Sensex ended down 339 points at 28,119 and the 50-share Nifty closed 100 points lower at 8,438.
The Street is especially looking forward to the management commentary to get a sense of its new direction
Siva Sankar looks at S P Balasubrahmanyam's fantastic repertoire.
HCL Technologies and Infosys should benefit more than TCS and Wipro
Infosys has tried to bring stability to the troubled company, which was struggling to maintain its growth momentum in the changing dynamics of technology industry.
A platform that helps retailers reduce failed transactions while keeping the cost down, Innoviti is all set for India's digital payments revolution.
Sudha Murty worries that India has still not learnt its lessons from history.
