Page 5 - Ceos

Indian firms cold to Tower Semiconductor's offer to set up chipmaking JV

In 2022, US chip giant Intel, which had signed a deal to buy out Tower for $5.4 billion, decided to cancel it and paid a $353 million termination fee

Our H2 will be better than H1: LTIMindree CEO & MD Debashis Chatterjee

Debashis Chatterjee, chief executive officer and managing director, in a video interview with Shivani Shinde talks about the macro factors, demand drivers, and hybrid work

Byju's elevates Arjun Mohan as CEO of India business, Mrinal Mohit quits

Arjun Mohan, a member of the founding team who most recently served as the Chief Business Officer, has rejoined the company after a stint at Ronnie Screwvala-led UpGrad

RBI approves Gupta's appointment as interim Kotak Mahindra Bank MD & CEO

On 2 September, the lender said Gupta has been appointed as interim managing director and chief executive officer after Uday Kotak stepped down, four months before his current term

Qantas CEO to depart early as airline looks to rebuild reputation

Over a decade and a half Joyce faced regular criticism for cutting jobs, including a 2011 decision to ground the entire Qantas fleet over an industrial dispute

Reliance in talks with head hunters to find CEO for Jio's Insurance biz

Executives from Reliance have met several firms in recent weeks to help them map top talent across life, health and general insurance segments

HDFC Bank's Jagdishan highest-paid bank CEO in FY23, gets Rs 10.55 crore

The details were made public in disclosures made in annual reports

How better cyber sense, zero trust can help overcome the new 'CEO scam'

According to the recent PwC report, CEOs of Indian companies are increasing cyber investments, adjusting supply chains, and changing their physical footprint in response to geopolitical conflict

More mid-senior level exits seen with change of leadership at IT companies

This is because a CEO's departure can disrupt ongoing projects and initiatives, causing delays and impacting employee morale, say experts

PFS initiates process to select new CEO to put behind corporate lapses

PTC India Financial Services Ltd (PFS) has initiated the process of selecting a new chief executive officer as the company leaves behind the past controversies over allegations of corporate governance lapses. According to sources familiar with the matter, the selection process for the new MD and CEO is anticipated to be concluded by October 19, aligning with the superannuation of the incumbent chief Pawan Singh. The company's management is committed to moving forward and embracing a new chapter at PTC India Financial Services Ltd (PFS). As it leaves behind the controversies of the past, PFS is seeking a new MD and CEO, who will lead it towards a more promising future, the sources said. PFS, classified as an Infrastructure Finance Company (IFC) by the Reserve Bank of India, operates as a systemically important non-deposit-taking NBFC, promoted by PTC India Ltd. In the wake of the resignation of three independent directors on January 19, 2022, citing concerns over corporate governanc

Top CEOs got an average hike of 9% in 2022, workers' wages fell 3%: Oxfam

International Labour Day: Workers in India, the US, the UK and South Africa worked six days for free in 2022 due to inflation-wage mismatch, says Oxfam

Can a CEO change impact a company's stock performance? Some insights here

While the Covid-19 period saw CEO transitions take a back seat, Jefferies said that businesses are now dealing with changed macro / geopolitical situations

Edtech unicorn PhysicsWallah appoints Sumit Rewri as PW OnlyIAS CEO

Under Rewri, an engineer who worked at TCS till 2014, OnlyIAS with a team of more than 200 people, has become a leading choice for UPSC aspirants

The new corner office favourite

Across sectors, CFOs are stepping into the role of CEOs as companies see value in their realistic outlook grounded in numbers

Weekend Bites: Banking blues, exiting CEOs, and a new Cola War

Suveen Sinha takes you through the dust that might somewhat be settling down on the big news of the week

Anup Bagchi to take over as MD & CEO of ICICI Pru Life Insurance in June

Bagchi will replace N S Kannan, the current MD & CEO, who will complete his five-year term, and superannuate from service in June

Top headlines: Foxconn eyes second plant, Son invites start-up founders

Business Standard brings you the top headlines at this hour

TMS Ep377: Ajay Banga, Indian global CEOs, FIIs, social stock exchange

What are Ajay Banga's challenges at the World Bank? What makes Indians so successful as global CEOs? Where is India placed on FIIs' radar? What is a social stock exchange? All answers here

73% CEOs globally expect economic growth to decline, finds PwC survey

In the most pessimistic outlook in more than a decade, a global survey of CEOs showed 73 per cent of them expecting the global economic growth to decline over the next 12 months. Releasing the annual survey on the first day of the World Economic Forum Annual Meeting here on Monday, PwC said this is a significant departure from the optimistic outlook of 2021 and 2022 when more than two-thirds thought economic growth would improve. This is the most pessimistic CEOs have been regarding global economic growth since PwC began asking this question 12 years ago. The survey further showed that nearly 40 per cent of CEOs do not believe their organisations would be economically viable in 10 years if they do not transform. Inflation, macroeconomic volatility and geopolitical conflict ranked as the top global threats while cyber and health risks fell from a year ago. The survey also showed that companies are cutting costs but do not plan yet to reduce headcount or salaries in their fight to .

Edtech start-up UpGrad's chief executive Arjun Mohan steps down

The departure comes as the edtech company was trying to internally cut marketing costs and become profitable