Group Ceo

Demonetisation: After pain subsides, see tax-to-GDP ratio rising to 20%: Ambit

Speaking to CNBC-TV18 Ashok Wadhwa, Group CEO of Ambit, said that demonetisation has reduced the consumption engine which was propelling the Indian economy.

Hoping to have 10 shows on air by FY17 end: Balaji Telefilms

peaking to CNBC-TV18 Sameer Nair Group CEO of Balaji Telefilms says that new shows have a much lower margin. He is hoping to have 10 shows on air by FY17 end. TV business gross margin is likely to be up 25 percent by this fiscal year, he believes.

How Future's AeroCity Central aims to redefine shopping: Biyani

Next Generation Central stores a way of announcing leadership in the departmental space, said Kishore Biyani, Group CEO, Future Group.

Balaji Telefilms' promoters increase stake to 47.29%

Sameer Nair, Group CEO, Balaji Telefilms has acquired 4.16 lakh equity shares. His current holding now stands at 1.06 percent, the company said.

Adhunik appoints Mohanlal as Group CEO

Commenting on the development Adhunik Group Managing Director Manoj Kumar Agarwal said, "The group feels happy for his association with the organisation; under his expertise guidance and leadership, it will scale new heights."

Strides Arcolab Q1 net more than doubles to Rs 42 crore

The company had posted a net profit of Rs 19 crore for the corresponding period of the previous fiscal, it said in a statement.

MakeMyTrip to invest $15 mn in HolidayIQ

The company has signed an agreement for the acquisition of a minority stake and will pick up around 28 percent stake in HolidayIQ for USD 15 million, MakeMyTrip said in a statement.

Standard Chartered rejigs regional, client businesses

Standard Chartered has divided its regional businesses under ASEAN & South Asia, including India; Africa & Middle East; Greater China & North Asia, and Europe & Americas. ASEAN and South Asia will be led by Ajay Kanwal, Africa & Middle East by Sunil Kaushal, and Ben Hung will head Greater China & North Asia region.

Strides Arcolab reports Q4 net profit at Rs 69.66 crore

The company's standalone total income from operations, however, rose to Rs 270.03 crore during the quarter under consideration as against Rs 256.73 crore in the year ago period.

Haresh Chawla quits Network 18

Haresh Chawla, Group CEO of Network 18 has resigned from his post. In the last 12 years, Chawla has been a key player in steering the company from a single business news channel CNBC-TV18 and solitary portal moneycontrol.com, to a diversified media conglomerate.