Tag: CEO
17 Results
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JP Morgan CEO regrets calling bitcoin ‘fraud’
JP Morgan Chase CEO Jamie Dimon has softened his stance on bitcoin and regretted calling the digital currency a fraud. In an interview with Fox Business on Tuesday, Dimon said he regretted making his earlier comments on the cryptocurrency. The head of the biggest US bank called bitcoin “a fraud” in September 2017 and said …
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January 10, 2018 -
Marvels on the road
These are machines that excel not only in comfort, luxury and safety, but also in performance. Here are three cars that ‘new age’ CEOs would love to drive.
January 7, 2018 -
Infosys to pay CEO Parekh 16.25cr annual salary
Global software major Infosys would pay its new Chief Executive Officer and Managing Director (CEO&MD) Salil S. Parekh a whopping Rs 16.25 crore salary per annum, the IT major said on Thursday. In a regulatory filing on the BSE, the company said in addition to Rs 6.5 crore fixed pay and Rs 9.75 crore variable …
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January 4, 2018 -
Parekh joins Infosys as new CEO on Tuesday
Much-troubled software major Infosys begins the New Year with its newly appointed Chief Executive Officer (CEO) Salil S. Parekh joining on Tuesday ahead of its third quarter results on January 12. “As per plan and the Board’s decision on December 2, Parekh joins us as the new CEO and Managing Director on January 2,” a …
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January 2, 2018 -
Himachal polls: 3-tier security arrangements for counting of votes, says EC
The fate of 337 candidates including Himachal Pradesh Chief Minister (CM) Virbhadra Singh and former CM Prem Kumar Dhumal will be known tomorrow as counting of votes is taken up in the state. Chief Electoral Officer, Pushpender Rajput said three-tier security arrangements have been made at all counting centres. Rajout said wire mesh barricading has …
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December 17, 2017 -
Infosys Board appoints Salil Parekh as company CEO and MD
The Board of Directors of Infosys on Saturday announced the appointment of Salil S Parekh as Chief Executive Officer and Managing Director, effective from January 2 next year. “We are delighted to have Salil joining as the CEO and MD of Infosys. He has nearly three decades of global experience in the IT services industry,” …
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December 2, 2017 -
Mark Zuckerberg’s sister sexually harassed on flight, probe on
Randi Zuckerberg, the former Director of Market Development of Facebook and the sister of the company’s co-founder and CEO Mark Zuckerberg, was sexually harassed on an Alaska Airlines flight, she said in a Facebook post. The Silicon Valley entrepreneur took to the social media platform to explain her ordeal and how the flight attendants brushed …
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December 1, 2017 -
India to be high-middle income country by 2047: World Bank
Lauding India’s increasing per capita income, World Bank CEO Kristalina Georgieva on Saturday said she has no doubt that India will be a high-middle income country by 2047 when it completes its centenary year of independence. “In the last three decades, India’s per capita income has quadrupled. I have no doubt India when it hits …
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November 4, 2017 -
InnoVen Capital names Ashish Sharma as CEO for India
InnoVen Capital, a joint venture between United Overseas Bank (UOB) and Temasek, today said it has appointed Ashish Sharma as Chief Executive Officer (CEO) for India, effective immediately. Sharma will replace Chin Chao, CEO of InnoVen, Singapore and South-East Asia, who had stepped in as interim CEO for India on August 1, 2017. Prior to …
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October 4, 2017 -
Rajiv Sabharwal to become Tata Capital’s new CEO and MD
Financial services provider Tata Capital on Thursday announced the appointment of banking industry veteran Rajiv Sabharwal as its CEO and Managing Director-designate. According to the company, Sabharwal will join Tata Capital from January 2018 and would take over from the firm’s current Managing Director and CEO Praveen P Kadle. Subsequently, Kadle will assume other responsibilities …
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September 28, 2017 -
‘Corporate governance deficit a global phenomenon’
The deficiency in corporate governance is not peculiar to India but is a global phenomenon, says the CEO of a US-based company that in its over 50-year existence has worked with over two million people worldwide in its leadership development programmes, adding that the prime reason for this is the archaic training methods most organisations …
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September 28, 2017 -
Afghan CEO Abdullah meets Swaraj to ‘strengthen partnership’
Minister of External Affairs Sushma Swaraj on Thursday met Afghan Chief Executive Officer Abdullah Abdullah to “strengthen strategic partnership” between the two countries. “Strengthening strategic partnership with a close neighbour. EAM @SushmaSwaraj held discussions with Dr. Abdullah Abdullah,CEO of Afghanistan,” Raveesh Kumar, spokesperson of external affairs ministry tweeted. Strengthening strategic partnership with a close …
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September 28, 2017 -
Aditya Birla SUN Life AMC launches new fund scheme
Aditya Birla Sun Life AMC Ltd has launched a new fund scheme which will invest mainly in equity and equity-related securities. The Aditya Birla Sun Life Resurgent India Fund – Series 5, a close-ended equity scheme with tenure of 3.5 years, opened for subscription on September 20 and closes on October 4, the company said …
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September 22, 2017 -
Zomato acquires Runnr to boost food delivery business
Online restaurant guide and food ordering startup Zomato has acquired last-mile logistics company Runnr for an undisclosed sum to boost its food delivery business. Runnr will continue to function as an independent company offering logistical services to players other than Zomato in verticals such as pharma, grocery and e-commerce, Zomato said on Wednesday. “We just …
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September 13, 2017 -
Indian-origin CEO racially abused by Trump supporters in US
An Indian-origin CEO was racially abused and told to “go back to India” and also take along Nikki Haley after he said that he will not support President Donald Trump’s economic agenda after the US leader appeared to defend white supremacists following the Virginia violence. US-born Ravin Gandhi, 44 founder and CEO of GMM Nonstick …
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August 23, 2017 -
Uber co-founder Travis Kalanick steps down as CEO
Uber Technologies Inc co-founder Travis Kalanick reportedly resigned as CEO of the ride-hailing service on Wednesday. Media reports said Kalanick’s resignation has come after a company’s shareholder revolted. “I love Uber more than anything in the world and at this difficult moment in my personal life, I have accepted the investors’ request to step aside …
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June 21, 2017 -
Arunabh Kumar steps down as TVF CEO
Arunabh Kumar has stepped down as CEO of web entertainment firm The Viral Fever (TVF) barely months after Mumbai police booked him for allegedly causing sexual harassment to unidentified women. TVF, known for its satirical takes on Indian politics, movies, lifestyle and the social system, on Friday announced the appointment of Dhawal Gusain as the …
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June 16, 2017