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Expectations high on 'mini' trade deal during Trump's visit: India Inc

India is demanding exemption from high duties imposed by the US on certain steel and aluminium products, resumption of export benefits to certain domestic products under the Generalised System of Preferences, and greater market access for its products from sectors like agriculture, automobile, auto components and engineering.

BCCI CEO Rahul Johri has put in his papers, but it’s not official yet

Sources say Rahul Johri had made up his mind on move on soon after the exit of the Supreme Court-appointed Committee of administrators (CoA).

Meet the business leaders who spent their entire career at one company

Meet the world's most renowned company loyalists who spent their entire career at one firm and continue to guide the business to ever-greater growth and profitability with their forward-thinking and eyes set on a long-term vision. Text: G Seetharaman

Directors feel heat, seek cover against legal action

Insurers say that the regulator’s action against directors of a large private bank have triggered claims under the policy. The regulatory action against IL&FS is also believed to have triggered a claim by the erstwhile management.

All problems to be resolved in 2020; two foreign investors roped in for realty, city development biz: Sahara chief

In a letter to investors on the occasion of the group's 42nd Foundation Day, celebrated on February 1, Roy said the group always kept intact its tradition of timely payments and excellence in services but there has been delay in payments during the last seven years at certain places due to "some undesirable circumstances".

Pramit Jhaveri to join Dorabji Trust, N Srinath CEO

The Trusts has separately appointed N Srinath, a Tata group executive as the CEO of Tata Trusts is significant as it will fill a crucial vacancy caused by the resignation of managing trustee R Venkataramanan from the Tata Trusts in March 2019. The post of the CEO is newly created.

Former Indian Oil chief Sarthak Behuria joins RIL as an advisor

Behuria , who was the chairman of IOC between 2005-10, started his career with Burmah Shell in 1973, which was nationalized in 1976 and renamed as Bharat Petroleum Corporation, where he rose to the position of director (marketing) in November, 1998 and as Chairman & Managing Director, in July, 2002.

Industry in a bind over local job rules in Southern states

An upcoming law by Karnataka and the Andhra Pradesh government’s directive to hire more locals in the skilled worker category have thrown a spanner in the works of manufacturing facilities. Business experts are of the view that local hiring obligations were not insurmountable problems but involved costs.

Flipkart and Assam to sign MoU for providing platform to local artisans

Akash Misra, Director – Government Relations (East) of Flipkart engaged in a discussion with Dr KK Dwivedi, Commissioner and Secretary, Industries and Commerce Department in Guwahati on Tuesday.

Block the dates: Global Business Summit on March 6-7

Sixth edition of event to have a star cast of speakers and delegates from around the world

Delay in Chinese supplies to see 30% drop in production

Most Chinese factories had set Monday as their reopening day after an extended Chinese New Year holiday due to the deadly coronavirus outbreak that has so far affected 40,000 people and claimed 900 lives. However, with several cities still under lockdown many of them have extended their holidays till February 17.

CG Power inducts 3 independent directors including former Tupperware India head Pradeep Mathur

CG Power inducts 3 independent directors including former Tupperware India head Pradeep Mathur

The company said that these new additions emphasise that India and the subcontinent are key markets for CG Power. The company said it aims to have executives who will act as consultants and function in a multi-dimensional global market.

Mandatory clause for China-returned staff: Tech companies enforce work-from-home

Mandatory clause for China-returned staff: Tech companies enforce work-from-home

The move is in keeping with the 14-day at-home quarantine that agencies such as US Centers for Disease Control and Prevention (CDC) are suggesting for travellers who return from China. Employees are being asked to limit interaction and monitor their health over the two-week period.

SFIO summons Sanjay Singal

SFIO summons Sanjay Singal

BPSL had acquired Rs 4,025.23 crore in the form of equity capital infused by the Singals and associated promoter companies, “...which was sourced from illegally diverted funds, out of loans taken by BPSL from various banks,” the ED said in its chargesheet last month.

Jugaad of Inclusion: Why quota for women board directors is failing to bring about real change

Jugaad of Inclusion: Why quota for women board directors is failing to bring about real change

The purpose of reservation is to correct the exclusion of capable and qualified women from corporate boards.

The push to appoint women directors has brought diversity to an all-boys’ club

The push to appoint women directors has brought diversity to an all-boys’ club

Regulatory push has made it mandatory for companies to have at least one independent woman director on boards. While most of the top 1,000 listed companies have complied with the directive from the Securities and Exchange Board of India (SEBI), boards still have a long way to go before they become more inclusive.

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