In a regulatory filing submitted on Saturday evening, McLeod Russel said that its board decided to appoint Bhar as the CFO with immediate effect.
Ambani has kept salary at Rs 15 crore since 2008-09, forgoing over Rs 24 crore per annum.
Set in Mumbai's seedy underworld, the Sacred Games series is about power politics and crime. But it also offers lessons that can help people handle their money better.
The increase in effective tax rate to 43% for those earning Rs 5 crore and more has spread disquiet in India Inc's Csuite, raising the possibility of salary reviews, as the rise in tax will invariably push senior compensation levels higher with top talent demanding some offset, HR heads say. As per the latest records available, 144 executives of BSE 500 companies on average earned Rs 11.4 crore annually. Kala Vijayraghavan has more. (Text: ET Bureau)
Separately, the software services provider posted muted revenue growth in the first quarter of the current financial year amid the ongoing takeover by the engineering conglomerate
The move follows the construction major acquiring over 60 per cent stake in the Bengaluru-based IT company.
More than 59% of over 300 companies said they run women-specific L&D programmes.
Every time we hear the success stories of different brands, this is the question that tends to pop up. But there is one brand that has been a testament to creating larger value by empowering farmers, delighting consumers and preserving the environment, year on year.
In June, the company's group CEO Milind Narendra Patel had resigned from his post which he had assumed in August 2018, after stepping down of Ashok Mehta as the interim CEO.
KPMG India's fifth annual CEO outlook report is based on the views received from 125 CEOs in the country, on their highest priority, opportunities and challenges.
Citigroup Inc has decided to extend family health insurance coverage and relocation expenses in India to all "domestic partners," including live-in partners and LGBT (lesbian, gay, bisexual, transgender and queer) partners. While a handful of overseas and Indian companies have recently extended similar benefits to LGBT employees, the New York headquartered investment bank and financial services corporation will be one of the first in the country to offer insurance cover to live-in or unmarried partners of heterosexual employees in its group insurance policy. Rica Bhattacharyya reports. (Text: ET Bureau)
Maharashtra CM Devendra Fadnavis’s letter says that the soybean processing unit will get farmers a good price
New regulatory policies, changing consumer preferences and rising competition among key reasons forcing firms to transform, say experts.
Bank extending health insurance coverage, relocation expenses to all 'domestic partners' in India.
Surcharge may widen max-minimum pay gap as cos loosen purse strings to retain talent.
The loan may be priced after adding 115 basis points over and above the London Interbank Offered Rate, a global benchmark gauge, said market sources. These loans would mature in three or four years.
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