Management - general
L&T’s AM Naik to step aside, Subrahmanyan named new CEO
08 Apr 2017
AM Naik, the man who steered Larsen & Toubro from Rs4,400-crore engineering company in 1999 to a Rs1,58,000-crore infrastructure giant in 2017, passes the baton to his deputy, S N Subramanyan
BP to cut CEO’s annual pay by about 5 million pounds: report
04 Apr 2017
The revised pay structure will also apply to other top BP directors for the three years from 2017 to 2019
Narayana Murthy questions big pay hike for Infosys COO Rao
03 Apr 2017
The dispute between founders and board of Infosys over governance issues spilled into the public again as co-founder Narayana Murthy criticised a salary hike given to chief operating officer Pravin Rao
Employee perks outside CTC to attract GST
29 Mar 2017
Cognizant axes 6,000 jobs in India, cuts variable pay
21 Mar 2017
Nasdaq-listed Cognizant, which had approximately 2.6 lakh employees as of end-December 2016, says the layoffs are part of the routine annual reviews to weed out non-performers
Kumar Mangalam Birla to head merged idea-Vodafone entity
20 Mar 2017
The merger of India's number two and number three telecom firms will create the country's largest telecom operator with 400 million subscribers and the widest network in the country
Lack of ‘Oxford comma’ wins truckers in US $10 mn
17 Mar 2017
The case hinged on the absence of the Oxford comma, or the comma before ‘and’ in lists that is often used but as frequently dropped – which can cause ambiguity, as in ‘I’d like to thank my parents, Mother Teresa and the Pope’
Alcoa merges six business units into three
03 Mar 2017
Carlos Ghosn, Nissan’s legendary CEO, to step aside
23 Feb 2017
Carlos Ghosn will step aside as CEO after leading Nissan Motors for 16 years, letting him concentrate on deploying his cost-cutting expertise across its alliance with Renault SA and newly added Mitsubishi Motors Corp
Snapdeal axes 600; co-founders Bahl, Bansal take 100% pay cut
23 Feb 2017
Snapdeal co-founders Kunal Bahl and Rohit Bansal admitted in an email to employees that they had started growing too fast and diversifying too much, and added they would now look for the right mix
Chandrasekaran chairs Tata Sons board meeting for the first time
21 Feb 2017
N Chandrasekaran plans to focus on leveraging the collective strength of the group and bring greater rigour to capital allocation so as to deliver superior returns to shareholders
Samsung chief Jay Y Lee arrested in graft scandal
17 Feb 2017
Lee, scion of South Korea's richest family, is a suspect in the influence-peddling scandal that led parliament to impeach President Park Geun-hye in December
Infosys tweaks severance pay rules
13 Feb 2017
The Infosys board has agreed to change the severance pay rules of its management team, which co-founder Narayana Murthy had criticised as violation of corporate governance norms
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Market predator Hindenburg preys on Adani stock
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Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation