Cricket Australia plans smaller board
April 24th, 2012 - 7:10 pm ICT by IANS
Melbourne, April 24 (IANS) Cricket Australia (CA) said Tuesday it would seek the approval of the state associations for a smaller board.CA needs a majority of 11-14ths to be passed ... Read more...
Posted in Sports |
Lalit Jalan re-designated as Reliance Infra CEO
April 23rd, 2012 - 7:33 pm ICT by IANS
Mumbai, April 23 (IANS) Reliance Infrastructure Monday said it has re-designated Lalit Jalan as chief executive officer (CEO) and that he will not be part of the firm's board."With a ... Read more...
Posted in Business |
MindTree elevates co-founder Subroto Bagchi as chairman
February 29th, 2012 - 7:34 pm ICT by IANS
Bangalore, Feb 29 (IANS) IT and product engineering services firm MindTree Wednesday elected co-founder Subroto Bagchi as chairman of the board of directors effective from April 1 in place of ... Read more...
Posted in Sci-Tech |
India proposes tough action against corporate fraud
December 19th, 2011 - 9:20 pm ICT by IANS
New Delhi, Dec 19 (IANS) India will soon have a new regulation that would ensure stringent punishment for corporate fraud and make independent directors more accountable, Corporate Affairs Minister M. ... Read more...
Posted in Uncategorized |
HPL’s revival only after resolving shareholding dispute: Godrej
November 15th, 2011 - 11:34 pm ICT by IANS
Kolkata, Nov 15 (IANS) India's second largest polyethylene maker, Haldia Petrochemicals (HPL), which is currently facing a severe financial crisis, can be revived only if the promoters resolve the ongoing ... Read more...
Posted in Business |
BlackBerry co-CEOs told to loosen grip on RIM
June 28th, 2011 - 10:22 pm ICT by IANS
Toronto, June 28 (IANS) BlackBerry co-CEOs were Monday asked to loosen their hold on the company to reverse its declining fortunes.As investors put pressure on the top technology company for ... Read more...
Posted in Sci-Tech |
Infosys inducts four new directors
June 11th, 2011 - 10:36 pm ICT by IANS
Bangalore, June 11 (IANS) Indian IT bellwether Infosys Ltd Saturday inducted four new directors to the board, including three from the company and a renowned American businesswoman.Company's chief financial officer ... Read more...
Posted in Business |
Infosys to have non-founder chairman up to age of 70
May 1st, 2011 - 3:52 am ICT by IANS
Bangalore, April 30 (IANS) In a significant shift in company's policy, India's IT bellwether Infosys decided to have non-founder chairman on its board up to the age of 70 and ... Read more...
Posted in Business |
Adi Godrej succeeds Rajat Gupta as ISB chairman (Lead, correcting figure in para two)
April 2nd, 2011 - 11:05 pm ICT by IANS
Hyderabad, April 2 (IANS) Godrej Group chairman Adi Godrej was Saturday elected chairman of the Indian School of Business (ISB), succeeding Rajat Gupta, who resigned last month after the US ... Read more...
Posted in Business |
German executive Albert Hieronimus new MindTree chairman
April 1st, 2011 - 3:17 pm ICT by IANS
Bangalore, April 1 (IANS) Global IT solutions and product engineering services firm MindTree Friday appointed German executive Albert Hieronimus as new chairman in place of co-founder Ashok Soota who quit ... Read more...
Posted in Uncategorized |
Kiran Karnik joins Attero Recycling board
February 13th, 2011 - 7:03 pm ICT by IANS
New Delhi, Feb 13 (IANS) Former Nasscom president Kiran Karnik has joined venture capital funds-backed Attero Recycling, an electronic waste management firm, as its first independent director."I am excited to join ... Read more...
Posted in Business |
Kiran Karnik joins Attero Recycling Board as first ‘Independent Director’
January 28th, 2011 - 4:59 pm ICT by ANI
New Delhi, Jan 28 (ANI): In a significant development in the rapidly evolving e-waste recycling sector, former National Association of Software and Services Companies (NASSCOM) President Kiran Karnik has joined the Attero ... Read more...
Posted in National |
Top bank officers nabbed for housing finance scam (Lead)
November 24th, 2010 - 7:58 pm ICT by IANS
Mumbai/New Delhi, Nov 24 (IANS) Top officers of some state-run banks and financial institutions were arrested by India's federal probe agency Wednesday for allegedly accepting bribes to extend loans to corporate ... Read more...
Posted in Business |
Shipping Corporation expects to file DRHP this quarter
October 6th, 2010 - 6:12 pm ICT by IANS
Kolkata, Oct 6 (IANS) State-owned Shipping Corporation of India expects to file the draft red herring prospectus (DRHP) for its issue of fresh equity and part disinvestment of government stake within the ... Read more...
Posted in Business |
HP Appoints Leo Apotheker As The New CEO
October 1st, 2010 - 8:12 pm ICT by GD
By Gina Gomez
Oct 1, (THAINDIAN NEWS) After two months of extensive search, the Hewlett-Packard Company has finally found the replacement of Mark Hurd and appointed Leo Apotheker as the new CEO of ... Read more...
Posted in Business, Technology Industry News |
Claude Smadja retires from Infosys board
August 30th, 2010 - 11:22 pm ICT by IANS
Bangalore, Aug 30 (IANS) Claude Smadja retired from the Infosys Technologies Ltd board as an independent director, the IT bellwether said Monday.
"Smadja retired Aug 30 in accordance with the retirement policy for ... Read more...
Posted in Business |
“Though I Do Not Have The Sensibility To Make Pot Boilers And Just Cannot See Myself Making An Out And Out Commercial Mainstream, I Just Love Watching Them As A Viewer”: Rajshree Ojha
August 7th, 2010 - 6:05 pm ICT by Sampurn Wire
August 7, 2010 (Sampurn Wire): On the eve of the release of her film Aisha, Rajshree Ojha, the director of the film, tells Jyothi Venkatesh that if the content of a ... Read more...
Posted in Entertainment |
Unions back Air India finacial restructing plan
July 26th, 2010 - 8:12 pm ICT by IANS
New Delhi, July 26 (IANS) Twelve employees unions of Air India have backed the national carrier's financial restructing plan, a member of the airline's board of directors said here Monday.
"We have received ... Read more...
Posted in Business |
Ex-foreign secretary Shyam Saran to join Wipro board
June 18th, 2010 - 6:41 pm ICT by IANS
Bangalore, June 18 (IANS) Former foreign secretary and the prime minister's envoy on climate change Shyam Saran will July 1 join the board of global software major Wipro Ltd as an independent ... Read more...
Posted in Business |
Mahindra forays into electric cars with majority stake in Reva (Lead)
May 26th, 2010 - 7:50 pm ICT by IANS
Bangalore, May 26 (IANS) Amid growing world demand for alternative energy vehicles, India's leading utility vehicles maker Mahindra & Mahindra Wednesday forayed into the electric car segment, acquiring a 55.2 percent majority ... Read more...
Posted in Business |
I am glad that my first film flopped -Madhur Bhandarkar
November 6th, 2009 - 6:01 pm ICT by Sampurn Wire
MADHUR BHANDARKAR tells Jyothi Venkatesh that he thinks that he is God's blessed child, on the release of his latest film Jail...Excerpts from the conversation held at his office.How did the ... Read more...
Posted in Entertainment |
2 Harihar Nagar to celebrate its century
July 10th, 2009 - 5:38 am ICT by Sampurn Wire
Like Harihar Nagar, even its sequel 2 Harihar Nagar is creating magic at the box office.Going great guns in ten centers across the state, it was released on April Fools' Day ... Read more...
Posted in Entertainment |
Canada gets 12 percent stake in ‘bankrupt’ GM
June 2nd, 2009 - 9:23 am ICT by IANS
By Gurmukh Singh
Toronto, June 2 (IANS) As General Motors filed for bankruptcy protection in New York Monday under pressure from President Barack Obama, Canada acquired 12 percent equity of the failed ... Read more...
Posted in Business |
‘Road to Sangam’ espouses Gandhi’s tenets at Cannes
May 23rd, 2009 - 1:42 pm ICT by IANS
By Saibal Chatterjee
Cannes, May 23 (IANS) "Road to Sangam", a reality-inspired fictional account that draws elements from the last days of Mahatma Gandhi's life, is one of the more interesting films on ... Read more...
Posted in Entertainment |
Link CEO pay to company performance, say executives
May 6th, 2009 - 5:47 pm ICT by IANS
New Delhi, May 6 (IANS) A majority of Indian firms believe that there is a need to evaluate the performance of the top management and board members and to link the ... Read more...
Posted in Business |
Timeline of events surrounding Satyam Computer
April 13th, 2009 - 8:00 pm ICT by IANS
Mumbai, April 13 (IANS) The following is the timeline of events surrounding Satyam Computer Services since its founder B. Ramalinga Raju made an abortive bid to make the company acquire two ... Read more...
Posted in Business |
Government to remove two Maytas firms’ directors (Lead)
February 18th, 2009 - 12:20 am ICT by IANS
New Delhi/Hyderabad, Feb 17 (IANS) The government Tuesday moved the Company Law Board to remove the board of directors of Maytas Infrastructure and Maytas Properties, the infrastructure firms promoted by disgraced Satyam ... Read more...
Posted in Uncategorized |
Maytas director C.S. Bansal quits
January 30th, 2009 - 11:42 pm ICT by IANS
Hyderabad, Jan 30 (IANS) C.S. Bansal Friday resigned as director of Maytas Infra Limited, the firm promoted by disgraced founder and former chairman of Satyam Computer Services B. Ramalinga Raju and his ... Read more...
Posted in Uncategorized |
Ex-Satyam director resigns from Sasken board
January 19th, 2009 - 5:19 pm ICT by IANS
Bangalore, Jan 19 (IANS) Serial entrepreneur and NewPath Ventures co-founder Vinod K. Dham resigned from the board of Sasken Communications as an independent director, a top official of the communications solutions provider ... Read more...
Posted in Uncategorized |
Citi board keeps faith in Vikram Pandit
January 13th, 2009 - 12:52 pm ICT by IANS
Washington, Jan 13 (IANS) Citigroup's board isn't losing faith in its Indian-American Chief Executive Vikram Pandit even as it is expected to report fourth quarter losses that are billions of dollars greater ... Read more...
Posted in Business |
ISB dean Rao quits over Satyam fraud
January 8th, 2009 - 7:28 pm ICT by IANS
Hyderabad, Jan 8 (IANS) Mendu Rammohan Rao, dean of the prestigious International School of Business (ISB) here, Thursday resigned from his position in the wake of the financial fraud at Satyam Computers. ... Read more...
Posted in Uncategorized |
Satyam’s independent director resigns
December 26th, 2008 - 4:54 pm ICT by IANS
Bangalore, Dec 26 (IANS) Mangalam Srinivasan, independent director of Satyam Computer Services, has resigned from the board, the company said Friday.In a notification to the Bombay Stock Exchange (BSE), the Hyderabad-based software ... Read more...
Posted in Sci-Tech |
Laxmi Mittal on Goldman Sachs board
June 30th, 2008 - 10:17 am ICT by IANS
London, June 30 (IANS) World steel tycoon Laxmi Mittal is now on the board of the Wall Street banking giant Goldman Sachs, where his role will include overseeing bankers' remuneration and corporate ... Read more...
Posted in World |
After surrogate ads is it time for surrogate Rajya Sabha MPs?
March 18th, 2008 - 9:40 am ICT by admin
By Monobina Gupta
New Delhi, March 18 (IANS) After surrogate advertisements for alcohol and cigarettes, this could be the onset of an age of surrogate MPs in the Rajya Sabha. The new breed ... Read more...
Posted in Politics |