Oil and Natural Gas Corporation’s corporate communication department had difficulty assessing an achievement of its Chairman and Managing Director Sudhir Vasudeva. Last week, Vasudeva was appointed to the board of the United Nations Global Compact (UNGC). The company press release stated that Vasudeva is only the second leader from India to join the UNGC board. Who was the first? Before the question could be asked, a corrigendum followed clarifying that Vasudeva was, in fact, India’s first public sector representative on this global body.
The importance of the monsoons for India’s economy is well documented. Given the global economic slowdown, the annual seasonal rains this year have ...
Operating margins down 230 basis points q-o-q on higher employee costs and other expenses
Analysts expect volume pressure to continue; profit growth likely to be intact