Page 5146 - Company News
Infosys may induct CFO M D Ranganath as board member: Report
At present, Infosys CEO Vishal Sikka and COO UB Pravin are a part of the ten-member Infosys board
 "Infosys may induct CFO M D Ranganath as board member: Report")
Infosys CEO Vishal Sikka's Rs 49 cr salary is highest among peers
N Chandrasekaran, Tata Son's next chairman, drew Rs 25.6 cr in FY16, including perks, variable pay
 "Infosys CEO Vishal Sikka's Rs 49 cr salary is highest among peers")
The Infosys problem: Sikka's pay, corporate governance and upset founders
Infosys founders have questioned CEO Vishal Sikka's compensation
Infosys ex-CFO Pai backs founders over Sikka's 'excessive' salary issue
Pai comments the company has to negotiate a contract of employees and not give them 'golden parrot'
 "Infosys ex-CFO Pai backs founders over Sikka's 'excessive' salary issue")
Mazumdar-Shaw denies differences at Infosys
Refutes claims of differences between board, founders and Sikka
 "Mazumdar-Shaw denies differences at Infosys")
Have addressed concerns: Infosys defends decisions after governance reports
Infosys said "all decisions have been made bona fide in the overall interest of the company"
 "Have addressed concerns: Infosys defends decisions after governance reports")
Infosys founders raise a stink on governance, question Vishal Sikka's pay
Board told about Sikka's pay hike, generous severance packages, disclosures
 "Infosys founders raise a stink on governance, question Vishal Sikka's pay")
Hemant Bhargava appointed as LIC's MD
The top LIC management consists of the chairman and three managing directors
 "Hemant Bhargava appointed as LIC's MD")
Breach in our system led to debit card fraud: Hitachi
Monetary value of such transactions is not known, but banks have compensated the affected customers
 "Breach in our system led to debit card fraud: Hitachi")
Tata Steel UK to sell speciality unit to Liberty House for £100 mn
Since Tata Steel has made the Corus buyout in 2007, the firm has been witnessing financial strain
 "Tata Steel UK to sell speciality unit to Liberty House for £100 mn")
IHC brings all its hotels under Taj brand, drops Vivanta and Gateway
Official says, new brand identity honours renowned legacy of Taj to create a greater brand resonance
 "IHC brings all its hotels under Taj brand, drops Vivanta and Gateway")
India requests UK High Commission for Vijay Mallya's extradition
Mallya left for the UK last year after facing heat for defaulting on loans worth Rs 9,000 crore
 "India requests UK High Commission for Vijay Mallya's extradition")
DGCA gives clean chit to AirAsia India
Regulator says commercial agreement with AirAsia Malaysia doesn't violate norms
 "DGCA gives clean chit to AirAsia India")
Margin pressure ahead for Hero MotoCorp
Transition to BS-IV emission norms, higher commodity costs could hurt
 "Margin pressure ahead for Hero MotoCorp")
Pizza Hut, KFC sales grow in December quarter
During 2016, system sales of KFC grew seven per cent
 "Pizza Hut, KFC sales grow in December quarter")
Myntra makes CMO Gunjan Soni head of Jabong
Her elevation comes after Myntra's co-founder Ashutosh Lawania has quit to start his new venture
 "Myntra makes CMO Gunjan Soni head of Jabong")
AAI serves eviction notice to Hotel Leela for non-payment of Rs 258 cr dues
The decision to issue eviction notice follows a lengthy litigation for recovery of dues
 "AAI serves eviction notice to Hotel Leela for non-payment of Rs 258 cr dues")
Tata Steel performance improves but ratings unchanged: Moody's
Tata Steel reported a consolidated revenue of Rs 832 billion for April-December 2016
 "Tata Steel performance improves but ratings unchanged: Moody's")
Sugar mills making more from molasses
With ethanol prices fixed, mills sell to liquor firms
 "Sugar mills making more from molasses")
Welspun India to invest $3 mn on promotion of Egyptian cotton
Deal would allow use of the Egyptian cotton logo on the packet of Welspun products for five years
 "Welspun India to invest $3 mn on promotion of Egyptian cotton")