He will get annual base salary of $1.3 million apart from bonus.
12,000: Number of people Flipkart plans to hire in FY15.
Women from promoter families who have become directors since January this year include Sarala Birla (Century Textiles, Century Enka), Nawaz Gautam Singhania (Raymond Group), Bina Modi (Godfrey Phillips), Saroj Bhartia (Jindal Drilling & Industries) and Deepshikha Khaitan (Cera Sanitaryware).
Govt depts, banks prone to information leakage.
In a 43-page order, SEBI said it will bar DLF and its chairman KP Singh along with five other company executives from accessing India's capital markets for three years.
'It was incredibly heart-wrenching to see people waiting to be evacuated -- children, parents and grandparents. Many families did not get to leave together. An order of priority was drawn up, and the first ones to be evacuated were pregnant women, single and/or older women and dialysis patients. Most were happy to be on the plane but also very distressed to have left behind family and friends.'
ONGC must tackle several issues first only then it can turnaround its fortunes.
They, however, conveniently forget to add the condition: so long as you add good margins to our business
Many bankers say the move will have a serious impact on the chain of command of nationalised banks and that it would only enable the government to dish out favours to a few of their own men.
The RBI wants to enforce more transparency in public sector banks. Manojit Saha The Apex bank wants the government t oreduce stakes in PSUs.
'The temptation of governments, to have a finger in the RBI pie will be just too great to resist, unless extensive amendments are carried out in the RBI Act treating it almost as the fourth branch of the government.'
Poor governance, constant interference of promoters, opposition from unions and talks of being an acquisition target seen as main deterrents.
In yet another setback to it, the National Spot Exchange Ltd on Monday saw non-executive chairman Shankarlal Guru and another director quit, blaming 'bad people' in the management team for the crisis at NSEL.
In a recent chat with readers, Utkarsh Rai, author of Faster, Smarter, Higher, addressed queries on how employees can deal with their bosses.
No word on appointment of Shagun Kapur Gogia
Consultants are working with various teams on manufacturing, R&D, etc, to assess per-month productivity of each department.
In September, Sebi had given a six-month extension to companies.
The finance ministry is not only keen to split the roles of CMD, but also wants to appoint them for a fixed tenure of five years.
What happens when someone working in one of India's large public sector companies ends up there, hoping IIM-A is all about leadership?
Shooting in small towns, to establish a connect, will increase the sampling of the channel itself.
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According to sources, the company has identified smaller markets such as Peru, which do not contribute significantly to profits, where it might shut shop in the near term.
'The day-to-day control of banks is in the hands of political bosses and bureaucrats who are not answerable.' 'The political system uses the banks as a helicopter to throw money to the sector they want to patronise in order to win the next election.'
Writes to shareholders highlighting its performance, governance practices.
Vinita Bali to lead global ops, new business growth; COO Berry to head India operations.
The e-commerce sector gave a much higher average hike of 16-20 per cent to its executives.
She maintains the food company ignored her advice on various issues.
Sun Pharmaceutical Industries will take a call on whether to shut Ranbaxy's troubled factories or make changes in the top management of the latter only after its $4-billion acquisition deal is complete.
It was an individual complainant, seeking action against Rs 34 crore (Rs 340 million) he was allegedly duped, and "sham transactions" involving three 'housewives' that has led to regulator Sebi coming hard on the country's biggest real estate developer DLF and its top executives.
Don't be tempted to take up what is on offer simply because it has come to you on a platter and looks promising on the surface.
Recently, Sebi has revised the Code of Corporate Governance for listed companies significantly. Most revisions are in sync with the provisions in the Companies Act 2013, though some norms are stricter than those in the Companies Act 2013.
Piramals are the largest investors in the Indian real estate sector after HDFC, with investments worth $3 billion already.
'I found my motivation in the fast emerging mobile market.' 'Nokia's biggest mistake lay in its stubbornness to change.' 'It's important to understand the pulse of the people It has been a long journey for Md Gyasuddin, Hitech Mobiles MD.
If you want to move up the corporate ladder, you must first understand that there are no short cuts.
Ram Sumiran Pal arrested in Delhi; hunt for two others on.
Some big ones hoard cash unduly and others borrow to keep up payments to shareholders
Zoho founder and CEO Sridhar Vembu noticed that there was not much of a correlation between an employee's academic credentials and his performance at work.
Most insurers aren't comfortable with subscribing to the National Pension System as they see it as competition.
Renu Rajani, VP, Capgemini India tells us why it is important for young professionals to make the most of opportunities at hand and not be scared of failures.
In an interview with Business Standard, Arundhati Bhattacharya says she expects stalled projects coming back on track in two quarters.
Walmart is waiting to understand as to how much multibrand retail might or might not move forward.
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