Chief Executive

Chalasani brings with him more than forty years of experience in banking and treasury operations.

Morgan Stanley cuts CEO Gorman’s pay 10% to $31.5 million

The bank considered Gorman’s outstanding individual performance, including his leadership of the firm’s strategy, core values and culture, and the firm’s solid financial performance

Tesla aims to start pilot production of Model 3 cars on Feb 20

Tesla Inc has told suppliers it planned to begin test-building its Model 3 sedans on February 20, according to people familiar with the matter, a move that could allay concerns about the company meeting its target to start production in July.

NSE names IDFC's Vikram Limaye as CEO

The country's largest bourse is gearing up for its much-awaited initial public offering this year.

Disney CEO Bob Iger says he is open to extending his term

Investor favourite Iger's current contract ends in June 2018, and shareholders are eager that he is replaced by a steady pair of hands. In Iger's 12 years at the helm of Disney, the company's shares have more than tripled in value, compared to roughly a doubling of the S&P 500.

Next move is to buy rather than sell India story: Port Shelter

Speaking to CNBC-TV18 Richard Harris, Chief Executive of Port Shelter Investment Management said that the US Fed has gone so far in not raising rates.

Samsung Electronics CEO says firm must learn from crisis

Without referring directly to the failure of the fire-prone Note 7s, Kwon said in a statement Samsung employees should look back and ask whether they had been complacent in their work.

Barnes & Noble fires CEO Boire, board says not a 'good fit'

Executive Chairman Leonard Riggio would postpone his retirement and would assume Boire's duties, along with other executives, the company said.

40 central PSUs do not have regular chief executive: Govt

As many as 40 central public sector enterprises including MTNL, Shipping Corporation of India, NMDC and Rashtriya Chemicals and Fertilizers do not have a regular chief executive, Parliament was informed today.

Donald Trump‘s style of patriotism working, says Martin Sorrell

Speaking to CNBC-TV18's Menaka Doshi, Martin Sorrell, Chief Executive, WPP Group says Trump's style of patriotism is working across the globe and has been rising post Lehman Crisis and that explains Trumps popularity.

Google to invest more in India, set up new campus

Describing India as among its most important market, Pichai said Google will set up a new campus in Hyderabad and invest both in engineering and business development in India as well as work to increase internet access and develop products that are lighter and faster.

Sharp CEO says in talks with several firms about LCD biz

Despite a USD 1.7 billion rescue in May, its second major package in three years, persistent losses have meant Sharp is struggling to make the investments it needs to keep its screen business competitive.

US House slams regulators for not catching VW for years

Michael Horn, head of Volkswagen Americas, testified before a House of Representatives oversight and investigations panel about the emissions scandal that has chopped more than a third of the company's market value and sent tremors through the global auto industry.

German prosecutors investigate Audi over emissions: Paper

Wolfram Herrle, chief prosecutor in Audi's hometown of Ingolstadt in southern Germany, was quoted as telling the Funke Media group that a preliminary investigation had been launched to see whether to initiate formal proceedings against the company.

BofA to cut 'a couple of hundred' jobs: WSJ

Bank of America, which had about 216,700 full-time employees as of June 30, declined to comment on the report.

Energy Transfer to buy Williams for $33 bn after long quest

The takeover ends a pursuit stretching back to January and marks the first major buyout of a midstream company since oil prices crashed. It will create one of the world's largest energy infrastructure companies, alongside Kinder Morgan Inc. and Enterprise Products Partners.

Audi, Porsche R&D chiefs, VW US CEO to quit: Reuters

Volkswagen dealers and owners are expressing anger and frustration as word spreads about how the carmaker rigged diesel emissions to pass US tests.

Volkswagen boss quits over diesel emissions scandal

Volkswagen CEO Martin Winterkorn said he was shocked by events of the past few days, above all that misconduct on such a massive scale was possible at the company.

Vedanta Group retrenches about 4k jobs in India since Jan

Balco accounts for 1,000 job cuts and Vedanta Aluminium for around 2,000, while Sesa Goa as well as Cairn India have already slashed up to 450 jobs each, so far.

Volkswagen's US boss: We totally screwed up

The US Environmental Protection Agency (EPA) alleged on Friday that the automaker had used software to trick regulators measuring toxic emissions on its diesel vehicles between 2008 and 2015.

Volkswagen says to halt sales of VW, Audi diesel cars in US

According to the US authorities, VW equipped 482,000 cars in the country with a sophisticated software that turns off emissions controls when driving normally and turns them on only when the car is undergoing an emissions test.

India Finance Minister: I want an RBI rate cut

But having entrusted the Reserve Bank of India (RBI) with this responsibility, Jaitley said he was sure that the central bank was aware of economic developments and expressed confidence that the RBI will appropriately act with a sense of responsibility.

Rolls-Royce looks to tap hospitality sect to up India sales

"India is an important market. It is definitely not the biggest market but I think the market in general has the potential to grow in the next couple of years," Rolls-Royce Motor Cars Chief Executive Torsten Mueller-Oetvoes told agency at the Frankfurt Motor Show.

Orient to invest Rs 50 cr to increase fans, LEDs production

Around Rs 40 crore will be invested to set up a facility for fans in north India, Khanna said. At present, Orient produces over 130 lakh fans per year at its two factories in Faridabad and Kolkata. It plans to add 50 lakh units capacity through the new facility.

Foxconn eyeing Sharp's LCD biz; seeks funding from Apple

The report did not specify how much Hon Hai, also known as Foxconn, was willing to pay for the loss-making operations, but said it would seek funding from Apple, a key Sharp customer.