Management - general
Former chairman of Tata Sons Cyrus Mistry dies in road accident near Mumbai
04 Sep 2022
Anahita Pandole (55), a well-known gynaecologist, who was driving the car and her husband Darius Pandole (60), survived the crash, while Mistry and Jahangir Pandole, brother of Darius, who were in the back seat, were killed in the accident
Alka Mittal becomes first woman CMD of ONGC
05 Jan 2022
Mittal, who has been serving as director (HR) since 27 November 2018 and the senior-most director on the board of ONGC, will serve as CMD of the energy `Maharatna’ for a period of six months beginning 1 January 2022
Kumar Mangalam Birla steps aside from Vodafone Idea board
09 Aug 2021
Vodafone Idea has to pay dues of over Rs58,000 crore to the telecom department that are linked to adjusted gross revenues dating back to 2007, while the company has gross debt of Rs1,80,000-crore
Sumitomo Mitsui to buy majority stake in Fullerton India for $2 bn
06 Jul 2021
Stuck in a low-interest domestic market, Sumitomo Mitsui has been looking for acquisitions in Asia’s emerging markets like Vietnam, the Philippines and India to support growth
SC `validates’ Tata Sons' decision to sack Cyrus Mistry as chairman
26 Mar 2021
The court also refused to entertain Shapoorji Pallonji group’s plea for fair compensation of their equity shares in Tata Sons, saying that the value of SP group shares will depend on valuation of Tata Sons’ equities and that the SC would not get into determining what should be a fair value
Woman at the Helm of Financial Powerhouse Citi
24 Sep 2020
Jane Fraser has been elected to the board of directors of Citigroup, and will take over from Corbat when he retires from Citi and steps down from its board of directors in February 2021
Calcutta HC removes squatter Lodha from MP Birla Group
21 Sep 2020
While Madhav Prasad and Priyamvada had no children, the extended Birla family expected charitable trusts to inherit the estate, but to their surprise, a few days after Priyamvada’s death, Lodha showed up with a will allegedly written by her in 1999
Jane Fraser named first woman CEO of Citigroup
14 Sep 2020
Fraser, currently Citi’s president and CEO of global consumer banking, will succeed Corbat as CEO in February, and she has been elected to the board of directors, with service beginning immediately
BPCL offers 2% shares to employees at one-third of market rate
07 Sep 2020
The PSU is offering two per cent of its shares through stock options to eligible employees out of the 'BPCL Trust for Investment in Shares' that the company holds
Samsung vice chairman Jay Y Lee indicted in 2015 merger fraud case
03 Sep 2020
The indictment paves the way for Lee, 52, to undergo trial on the allegations, but will not be detained as a Seoul court has denied a request from prosecutors for an arrest warrant
Former GE chief and management icon Jack Welch dies at 84
03 Mar 2020
Welch followed a results-driven, hands-on style of management that helped GE turn around, although at the expense of thousands of employees who lost their jobs as Welch went on cutting costs and getting rid of unprofitable businesses