Company's consolidated net loss widened three-fold to Rs 627 crore in FY22
A candidate can be appointed for 5 years initially, extendable for another five years; this is also applicable for executive directors who are also wholetime directors
Through another resolution, the shareholders are also seeking a settlement on the issue of a legal battle with some shareholders regarding board positions.
Mortgage lender may raise equity capital before closing Q4 of FY23
Eighty-six per cent CEOs in India, compared to 71 per cent CEOs globally, predict that a recession will impact company earnings by up to 10 per cent over the next 12 months.
46% of corporate leaders considering job cuts over the next six months
Fund manager Deepak Agrawal has been appointed as the new CIO, debt. Another fund manager, Abhishek Bisen has been elevated to the position of head, fixed income position
Asbe took over as MD&CEO of NPCI in Jan 2018. Prior to that, he was the firm's COO for close to 5 years
Will replace Andy Main as CEO of Ogilvy, who will serve as a senior adviser until the year-end
Advertising, marketing and public relations giant Ogilvy has appointed Devika Bulchandani as its Global Chief Executive Officer, joining a growing group of Indian-origin business leaders at the helm of multinational corporations. Devika most recently served as Global President and CEO of Ogilvy North America. She takes the helm from Andy Main who is stepping down as Global CEO and will serve as a Senior Advisor until the end of the year, the company announced on Wednesday. In this role she will be responsible for all aspects of the creative network's business across 131 offices in 93 countries and spanning its Advertising, Public Relations, Experience, Consulting, and Health units, the company said in a press release. Devika is a champion of creativity who brings passion, purpose, and an uncompromising focus on generating impact to everything she does. In partnership with Andy and Liz Taylor, she has been instrumental in Ogilvy's recent growth and development," Mark Read, CEO of WPP
With Laxman Narasimhan being appointed as the CEO of Starbucks, a new name has been added to the list of India-origin CEOs of American corporations
"The chairman and the nomination committee have begun the process to identify the best long-term candidate to take Reckitt on the next phase of its growth and transformation journey," the company said
The tennis players' association founded by Novak Djokovic and Vasek Pospisil two years ago appointed former NFL Players Inc. president Ahmad Nassar as its executive director and the CEO of a new for-profit affiliate to generate off-court commercial opportunities. The Professional Tennis Players Association or PTPA announced the moves Thursday night, when the group held a meeting ahead of the start of the U.S. Open next week. The affiliate, Winners Alliance, will seek licensing agreements for video games, trading cards and collectibles. The PTPA also said it will start a program to help players get access to discounts for travel, among other things, and access to financial planners and support for discipline appeals. The group announced it has raised $26 million in funding. In addition to his time at NFL Players Inc., the marketing and licensing business of the NFL Players Association, Nassar was the founding CEO of OneTeam Partners, which supported the commercial interests of ..
Twitter's CEO Parag Agrawal has lashed out at the company's former head of security, Peiter 'Mudge' Zatko, saying his false claims are "riddled with inconsistencies and inaccuracies"
Fabrication Bazar, which was founded in 2016 by Dwaipayan Dutta and Mohit Garg, has developed a cloud fabrication and tracking platform for manufacturing
Takes over from Ravinder Takkar, whose three-year term ends on August 18
Bose was fired from the Singapore-based B2B e-commerce startup company on May 20 on grounds of financial irregularities
Sanjiv Mehta will join Unilever Indonesia's board of commissioners and chair it in a non-executive capacity
The company has been in news as both the founders, Maheshwari and Tanay Pratap, had differences on how to run the firm
The theme of this book follows in the genre of several books like the Lessons of Excellence by Tom Peters and Bob Waterman - both also, coincidentally, McKinsey consultants