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Wilson added that as Air India takes delivery of more wide-body planes in the next few years, the service quality of its product will improve significantly
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From McDonald’s to Coca-Cola to Hershey, corporate executives lately are preoccupied with inflation and what it means to the bottom line. And on calls in the past few weeks with investors about their financial results, conversations have dwelled on a peculiar way of talking about it: “elasticity.”
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This will be the first of its kind airline venture in India that would be fully-owned by overseas entities. The proposal comes nearly nine months after the Indian government allowed 100 percent foreign direct investment in the airlines segment.
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Corbat received USD15.5 million in total compensation, including a base salary of USD1.5 million, a USD4.2 million cash award and USD9.8 million of stock-related incentives, according to a securities filing on Friday.
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IT services provider Mphasis Limited today announced the appointment of Nitin Rakesh as its Chief Executive Officer and Additional Director on the Board with effect from January 29 2017.
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Diversified group ITC is taking steps to elevate its COO Sanjiv Puri as Chief Executive Officer and plans to split the post of Executive Chairman and CEO after incumbent Y C Deveshwar steps aside on February 5.
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With N Chandrasekaran‘s elevation as Tata Sons Chairman, Rajesh Gopinathan rises up the ranks as the Chief Executive Officer of Tata Consultancy Services. Prior to Thursday‘s appointment, Gopinathan served as Chief Financial Officer of the company since February 2013.
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Avendus Finance provides customised financing solutions to its corporate clients through structured debt, mezzanine, high-yield products and assists in capital structuring as well as arranging optimal financing solutions.
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Mumbai Police's spokesperson DCP Ashok Dudhe said the five doctors were arrested late this evening.
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Mahindra groups auto component arm Mahindra CIE Automotive has appointed Ander Arenaza Alvarez as the Chief Executive Officer of the company with immediate effect.
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Sanjiv Puri, the maiden Chief Operating Officer of consumer giant ITC, is widely regarded as the likely successor to Chief Executive Officer YC Deveshwar. Puri has his task cut out at ITC in case he replaces Deveshwar who steps down next down next February. Here‘s a look at Puri‘s journey at ITC so far.
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Commenting on the development, DEN Networks Chairman and MD Sameer Manchanda said, "Under his able leadership, Den will scale greater heights in times to come. Den's cable TV partners and associates are all geared up to work in perfect coordination to adopt new systems and technologies for better monetisation of investments."
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For the FY16, the company achieved annual net sales of Rs 451.05 crores against Rs 481.04 crores in the previous year.
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Kedar Vaze expects the company's bottomline to grow by 20 percent in FY17 with a 15 percent topline growth. The growth would primarily come from the domestic fragrance and flavour business.
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edX currently has 730,000 learners who have subscribed to its online education facility. Patwardhan expects this number to increase to 5 million in 3 years following the tie-up.
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Federal Bank's major challenge has been its restructured book. But it has come down to Rs 1500 crore in the fourth quarter of FY16 from Rs 2300 crore.
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Rahul Johri brings with him immense experience and knowledge on board and will be responsible for the smooth functioning of operations, stakeholder management and building robust strategies for further promoting the sport.
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"25 years back in 1991, there were three crore investors, today there are less. What has been done wrong, probably we need to introspect", he said.
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Infosys said Michael Pesch brings with him more than two decades of experience in global consulting and management roles and till very recently served as Chief Executive Officer of arvato Systems Group.
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TK Kurien, Chief Executive Officer at Wipro pointed out that the company posted the best quarter in terms of new deals by bagging 6 new deals largely led by global infrastructure services. The new deal wins In Q3 reflect in the guidance for Q4, he added.
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Windows 10, which the company released as a free download in July, powers both personal computers and devices like phones. It replaced Windows 8, the heavily criticized system dating from 2012.
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According to sources, Nadella's meeting with the Chief Minister has not been finalised as the latter would be busy with another engagement from December 23 to 27.
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"The company at its meeting today approved the appointment of Arun Kumar Kapoor as the CEO of the company with effect from November 23, 2015", Dish TV said in a BSE filing.
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The airline said its general counsel Brett Hart, 46, would take on the role of acting chief executive officer, effective immediately. It said it is too soon to know the course of treatment Munoz will take or the timing of his recovery.
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Speaking at a technology conference organised by The Wall Street Journal in Laguna Beach, Calif., Cook said that an additional 8.5 million people are participating in a free trial of the Apple Music service. That gives it more than 15 million users in total, which Cook described as a successful debut.
