Page 71 - People

With 'Invicto', Maruti set to drive into Rs 20+ lakh segment for first time

New MPV, to be launched next month, will be sister model of Toyota's Hycross

Deepika Warrier steps down as Diageo CMO, Ruchira Jaitly likely to succeed

Ruchira Jaitly, who is currently the executive vice president of marketing at Diageo, is most likely to succeed Warrier

Amit Agrawal appointed UIDAI CEO, Subodh Kumar Singh named DG NTA

Rashmi Chowdhary, additional secretary in the Department of Personnel and Training, has been appointed as secretary in the Central Information Commission

Traditional AI deployment of 70% companies has failed: BCG X executives

AI and GAI are beyond providing just efficiencies in data management, etc. It is about the transformation of business operations, said Sylvain Duranton, MD and senior partner, BCGX

Vedanta Resources records $4.6 bn EBIDTA, $2.8 bn free cash flow in FY23

Vedanta owns 68 per cent in Vedanta Ltd as well as a 79 per cent stake in Konkola Copper Mines, one of the largest copper deposits in Africa

We have $2.5 billion of uninvested dry powder: Peak XV Partners MD

It is a rebrand - Sequoia India and Southeast Asia is now Peak XV Partners. We are very bullish on India and Southeast Asia as a market and we are going to only double down

Zerodha's Nikhil Kamath becomes 4th Indian to join 'The Giving Pledge'

In his thirties, the Zerodha co-founder has pledged to give away half his wealth

Peak XV says confident of investor backing after Sequoia Capital split

Over years, Sequoia invested in some of India's biggest startups, including food delivery firm Zomato and payments firm Pine Labs

Google part of $36 mn funding round for Indian space startup Pixxel

The startup has raised more $71 million from investors including Accenture PLC. Pixxel did not specify the valuation it reflected

At Rs 29.16 cr, former TCS CEO Gopinathan earned 13% more in FY23 than FY22

Gopinathan received a compensation of Rs 25.75 crore, making him the fifth-highest-paid CEO in the Indian IT services sector

Zerodha cofounder Nikhil Kamath to donate 50% of his wealth to charity

Every year, a number of wealthy individuals across the globe pledge to donate to charitable causes, including climate change, education, and healthcare

We will bounce back, it is a matter of two quarters: PVR Inox's Ajay Bijli

PVR Inox made Rs 3,869 crore in revenues last financial year, and owns 1,689 screens in 115 cities

CCI approves minority stake acquisition in Lenskart by Dove Investments

The Competition Commission of India (CCI) said it has approved both deals under the green channel route

Fantasy Sports a golden goose for Atmanirbhar Bharat: FIFS chief

FS is a game of chance if you think the stock market is a game of chance. Just like Stock markets, it's about making informed guesses based on incomplete datasets

Small plastic water bottles are adding to plastic problem: Nithin Kamath

Zerodha founder highlighted the issue of increased use of small plastic bottles at hotels and airports which is aggravating the problem of plastic waste in the country

Marico boss Harsh Mariwala shares 8 mantras for a successful business

Marico founder and chairman Harsh Mariwala shares his top 8 mantras to build a successful business with upcoming entrepreneurs

Uncertainty an overriding theme; flexibility to secure future: Nilekani

Unplanned project ramp-downs and delays in decision-making from clients pulled down the Q4 FY23 performance of Infosys

Ashwani Kumar appointed as the new MD & CEO of UCO Bank, to succeed Prasad

Kumar, an experienced banker, succeeds S S Prasad as the MD and CEO of UCO Bank

Doctor on call: Meet Swati Piramal, vice-chairperson of Piramal Group

A Padma Shri awardee, Piramal talks to Pavan Lall about succession, sustainability and why the only way to overhaul India's systemic latencies is collaboration

I think animal spirits are already out in India Inc, says Sunil Mittal

'If you want to put out 5G fast, we need access to V and E bands'