Page 4 - People

Canara HSBC Life guides for 22-23% VNB margin in FY27: Anuj Mathur

Canara HSBC Life plans to expand its agency network to 5,000 distributors, grow alternate channels and deepen AI adoption to drive growth and profitability

Tata Sons chairman N Chandrasekaran's FY26 pay rises to ₹158.7 cr

Tata Sons executive chairman N Chandrasekaran received total remuneration of Rs 158.66 crore in the year ended March 31, 2026, up from Rs 155.81 crore a year earlier

1991 was the turning point for auto sector: Maruti Suzuki's R C Bhargava

R C Bhargava talks about the rise of the Indian passenger vehicle market after the 1991 reforms and the industry's continuing transformation

1991 Budget speech was Freedom Day for us; whole world was open: Mittal

Sunil Bharti Mittal says the 1991 reforms transformed India's business landscape, paving the way for Airtel, and calls for continued reforms to sustain growth

Bank of Baroda aims $3 bn in FCNR (B) deposits: MD & CEO Debadatta Chand

Bank of Baroda expects RoA above 1% in the remaining FY27 quarters, despite a one-time litigation settlement, while retaining confidence in growth and profitability

Targeting ₹20,000 cr gold loan goal portfolio in 3 years: Umesh Revankar

Shriram Finance retains FY27 AUM growth guidance despite fuel price concerns, bets on aggressive gold loan expansion and expects NIMs to stay strong

We realised after 1991 that we have to innovate, not wait in Delhi: Murthy

As long as we have corporate leaders who understand the power of AI and ensure that their employees are well trained, I do not see any problem, says Infosys cofounder N R Narayana Murthy

We can theoretically become net-debt zero after IPO: Manipal Health's Jose

MD & CEO Dilip Jose says the hospital chain will use the ₹8,000-crore fresh issue largely to repay debt, while pursuing organic expansion and selective acquisitions in key markets

We underwrite the Indian consumer, not market cycles: Temasek's Ravi Lambah

Temasek plans to invest another $9-10 billion in India, betting on consumer-led growth, AI applications, healthcare, financial services and renewable energy

Punjab & Sind Bank eyes 8-9 percentage point cut in govt stake via QIP: MD

Expect govt to also undertake minority stake sale in bank this year

Bajaj Auto wants EV leadership, not at cost of profitability: Rakesh Sharma

Bajaj Auto plans two new Chetak launches in six months

Amit Diwan takes charge of Hines' APAC and Middle East operations

The former head of Hines India will oversee operations across two regions identified by the global real estate investment manager as key engines of long-term growth

HCLTech CEO & MD C Vijayakumar's salary jumps 67% to $18.1 million

The latest package kept him as the highest-earning CEO among Indian IT services companies

New CEO will ensure continuity of strategy at South Indian Bank: Seshadri

Seshadri said as the bank is not offering leverage, their proposition is attractive to smaller depositors and customers in geographies where leveraged products do not enjoy tax advantage

Punjab National Bank rides CD ratio cushion, skips deposit chase

PNB says its low credit-deposit ratio gives enough room to sustain loan growth, delaying aggressive deposit mobilisation while focusing on margins

Controlling AI agents is an emerging business: IBM Software India GM

IBM says enterprise AI success hinges on governing autonomous agents with strong security, identity management, cost controls and auditability across hybrid environments

India will remain a strong driver for JSW Steel: Joint MD & CEO Acharya

JSW Steel expects stronger H2 growth as domestic demand stays robust, export opportunities improve and lower raw material costs begin to support margins

HDFC Bank board to soon decide on CEO reappointment, says deputy MD

The Governance, Nomination and Remuneration Committee is expected to conclude the process soon before the proposal is sent to the RBI for regulatory approval

Centre open to buying stake in semiconductor design startups: ISM CEO

ISM CEO Amitesh Kumar Sinha says the government will match private investment in eligible semiconductor startups without seeking management control, helping attract venture capital

Will re-evaluate universal bank licence application: Jana SFB chief

Jana Small Finance Bank expects 80% profit growth in FY27 as microfinance stress eases, while remaining open to reapplying for a universal banking licence