Management - general
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
Arvind Krishna to replace Ginni Rometty as IBM CEO in April
31 Jan 2020
Current CEO Ginni Rometty will become chairman of the board at IBM while Red Hat CEO Jim Whitehurst will be president
Wipro CEO and MD Abidali Z Neemuchwala steps down
31 Jan 2020
Neemuchwala, who has been with Wipro since April 2015, will relinquish his responsibilities only after a successor is appointed in order to ensure a smooth transition
SC stays NCLAT order reinstating Cyrus Mistry as Tata Group chairman
10 Jan 2020
Observing that there were "lacunae" in the orders passed by the tribunal, the apex court bench also noted that there was no prayer in Cyrus Mistry’s petition for reinstatement but the tribunal went ahead with it and ordered his reinstatement
Over to SC as NCLAT rejects RoC plea to modify Tata-Mistry case ruling
07 Jan 2020
The Supreme Court will, on Friday, hear petitions filed by the Tata group against the NCLAT order reinstating Cyrus Mistry as its chairman and challenging the NCLAT ruling against conversion of Tata Sons into a private company
Cyrus Mistry says not interested in chairmanship at Tata Sons
06 Jan 2020
In a public statement issued on Sunday, Mistry said despite the NCLT order he does not intend to pursue executive chairmanship at Tata Sons, but will seek a board seat, for improving governance standards at Tata Sons
Tata Sons moves SC against NCLAT order reinstating Cyrus Mistry
02 Jan 2020
Seeking an immediate stay on the entire NCLAT order from the Supreme Court seems to be a better option for Tata Sons than postponing a scheduled board meeting of TCS, which is scheduled for 9 January
PMC Bank scam: HDIL directors stashed money in wives’ names
31 Dec 2019
Wives of HDIL directors, Sarang Wadhwan and his father Rakesh Wadhawan, owned huge properties but are unaware of the source of funds for the purchases, even as Sarang’s wife Anu Wadhawan received Rs70 lakh from an HDIL group company as a retainer, according to statements made to the Enforcement Directorate
Uber founder Travis Kalanick leaves board of directors
26 Dec 2019
Kalanick, who turned Uber into the world`s largest ride-services company and helped revolutionise the taxi industry worldwide, however, had to face investor ire following a series of setbacks
NCLAT holds ouster of Cyrus Mistry as Tata Group chairman illegal
18 Dec 2019
The court also said Tata Sons’ move to turn private from a public company was unlawful and ordered a reversal
Larry Page and Sergey Brin step down; Pichai to head Google and Alphabet
04 Dec 2019
“There is no one that we have relied on more since Alphabet was founded, and no better person to lead Google and Alphabet into the future,” Larry Page and Sergey Brin stated in a letter they wrote about the transition at blog.google
Infosys employees group accuses CEO Salil Parekh of financial fudging
21 Oct 2019
In a letter to the board of Infosys, the employees have alleged that they were told not to report costs in recent quarters in a bid to inflate profits, adding that during the current quarter, there is pressure not to recognise $50 million of the costs incurred by the company