Gurnani earned Rs 25.6 crore in employee stock options (Esops) during FY23, a decrease of 56.46% from the previous year's earnings
The changes at Tata Cliq are being finalised after the annual appraisal was recently closed at the e-commerce unit of Tata Group
CNN ousted chief executive Chris Licht after a tumultuous year leading the struggling news network that culminated in a damning magazine profile and the realization that he'd lost the confidence of the network's journalists. The change was announced at CNN's editorial meeting on Wednesday morning and came just two days after Licht said he would fight like hell to earn the trust of those around him. David Zaslav, CEO of CNN parent company Warner Bros. Discovery, accepted some of the blame for the network's struggles as he appointed a four-person interim leadership team. He promised a thorough search for replacing Licht, whom he informed of the leadership change on Wednesday morning. This really caps a tumultuous year for CNN that has seen shrinking profits, programming mistakes and really low employee morale, CNN media reporter Oliver Darcy said on his own network Wednesday. Licht had a mandate to try and make CNN more palatable to both sides of the country's political divide; ...
According to a report, Linda Yaccarino had previously told her friends that she aspired to be Twitter's CEO
Embassy Office Parks REIT's CEO Vikaash Khdloya has resigned and the company has appointed Aravind Maiya as the new CEO with effect from July 1 this year. In a regulatory filing, Embassy REIT informed that the the board of directors of Embassy Office Parks Management Services Pvt Ltd, which is manager to the REIT, accepted the resignation of Vikaash Khdloya as the Chief Executive Officer with effect from the close of business on June 30, 2023. Khdloya intends to pursue other interests, it added. The Board also approved the appointment of Aravind Maiya as the Chief Executive Officer with effect from July 1, 2023. Maiya has been previously associated with Embassy REIT as its Chief Financial Officer and comes with over 22 years of experience, including in real estate, capital markets, audit and consulting. Embassy REIT, sponsored by Blackstone and realty firm Embassy Group, is India's first publicly listed Real Estate Investment Trust (REIT). It owns and operates a 45 million square
The firm is exploring strategic alternatives for its remaining businesses, SVB Capital and SVB Securities
Tata Electronics Pvt Ltd on Tuesday announced appointment of former Intel Foundry Services President Randhir Thakur as its Chief Executive Officer and Managing Director. Thakur, a global leader and hands-on innovator in semiconductor industry, has worked with Intel for over 5 years. He brings over 40 years of experience in the global manufacturing, research and development, the company said in a statement. His previously stints include leadership and technical positions at Applied Materials Inc., SanDisk Corp. and also across the semiconductor industry in STEAG Electronic Systems and Micron Technology Inc. Tata Electronics Pvt Ltd (TEPL) was founded in 2020 as a greenfield venture of the Tata group with expertise in manufacturing precision components and has a roadmap that extends to semiconductor fabrication and packaging segments. "The roadmap for Tata Electronics is exciting and Thakur's in-depth knowledge and multi-functional experience will bode well for the company. I am ...
Raj Subramaniam, the Indian-American CEO of global transportation giant FedEx, has been presented with the prestigious Pravasi Bharatiya Samman, the highest civilian award given by India to persons of Indian origin and Indian diaspora. Subramanian, 55, was presented with the award by India's Ambassador to the US Taranjit Singh Sandhu at a ceremony at the India House on Saturday since he could not travel to India early this year to receive the award. The other awardee, Darshan Singh Dhaliwal, was also present at the event. Finance Minister Nirmala Sitharaman and US Commerce Secretary Gina Raimondo along with senior officials of the Biden Administration and several hundred Indian Americans were present at the event. Subramanian is the president and CEO of FedEx Corporation, one of the world's largest transportation companies. His international leadership experience and keen business insights have contributed immensely to the success of FedEx.
Krithivasan during the media briefing said that his immediate focus will be to meet customers
Prior to joining VLCC, Gupta was the CEO of SuperStore by Nykaa. Before that he was the chief customer and marketing officer for Flipkart between 2019-21
The work stoppage comes one day before Starbucks's annual shareholder meeting, the first for new CEO Laxman Narasimhan, who officially took the reins from Howard Schultz this week
Industry veteran has more than two decades of leadership experience in organisations in India, West Asia, Europe
Rajesh Gopinathan, the outgoing TCS CEO, said that Krithivasan was chosen by the board and Tata Group chairman N Chandrasekaran
Chennai, his base, is one of the biggest centres for TCS in terms of talent
Martech describes the software end functions marketers use to optimise their marketing efforts
Subrahmanyam retired as the commerce secretary on September 30
Former classmates and teachers recall Neal Mohan as a reserved but brilliant student
Company elevates Chief Risk Officer K Srinivasan as CEO
The company's upbeat forecast also comes alongside its previously announced commitment of lowering expenses in the backdrop of its key e-commerce segment feeling the pinch of a slowdown
IT major HCLTech reported strong growth in net profit and operating margins in Q3FY23