In what is an indication of a major climb-down in the disagreement between Infosys co-founders and the company's board, NR Narayana Murthy and others have started talking to the company to settle outstanding differences.
Infosys‘ independent director Roopa Kudva on Sunday defended the company‘s capital allocation plans in an exclusive interview with Moneycontrol, saying these were geared to transforming the software services major.
Rajiv Bansal, who left the company in 2015, was given 24 months‘ salary as severance pay, a fact that has provided fodder to detractors of the management. Roopa Kudva told Moneycontrol in an exclusive interview that due process had been followed in Bansal‘s exit, but added that the company had since reworked contracts of employees.
A CRISIL Research study shows that there are nearly 100 million people aged over 60 in India today, and that number will triple to 300 million by 2050. "Fiscal burden of pensions can be 3.4% to 4.1% of GDP by 2030", says CRISIL.
According to Crisil, India‘s elderly population is expected to triple to 300 million by 2050 and with most of this population believed to be financially insecure in their sunset years, it's a problem India cannot run away from.
Kudva has been in the post for 7 years and before that she was the leader of CRISIL‘s Ratings business for 7 years
India's infrastructure and banking sectors will require Rs 10.4 trillion from the bond market over the next 5 years: CRISIL.
Katherine Graham's Personal History had a deep impact on Roopa Kudva, MD and CEO, Crisil. Graham led her family's newspaper The Washington Post during the Watergate scandal that eventually led to the resignation of President Nixon.
The Sensex shed 285 points to close at 19,804.76, and the Nifty fell 83 points to close at 5,907.50.
What started off as India's first credit rating agency, twenty-five years later has turned into a Rs 8 billion global analytical company providing ratings, research and risk and policy advisory services.
CRISIL's rating actions in the first half (H1) of 2012-13 reflect increased pressure on corporate India's credit quality. CRISIL's credit ratio declined to 0.66 in H1 of 2012-13 from 0.91 in H2 of 2011-12, primarily on account of slowdown in economy.
Crisil managing director and CEO Roopa Kudva explains to CNBC-TV18 the considerable fall in India‘s growth potential indicated by the fourth quarter data which posted a nine-month low of 5.3%.
CRISIL has announced that it has entered into an agreement to buy 100% of the equity shares of UK-headquartered Coalition Development Ltd. along with its subsidiaries (Coalition).
CRISIL Research, India’s largest integrated and independent research house, identifies fiscal discipline, productivity improvement and petroleum pricing reforms as the three key steps to pull the Indian economy out of the high-inflation trap.
CRISIL Research has come out with its report on interest coverage. According to the research firm the interest coverage ratio of companies in the S&P CNX 500 Index (ex BFSI1 and public sector oil marketing companies, totaling to 420 companies) has dipped to a five-year low on account of high interest rates and a decline in operating profits.
CRISIL Research has lowered India’s GDP growth forecast for 2011-12 to 7.0% from its October estimate of 7.6%.
CRISIL Ratings has come out with its report on power sector lenders’ health.
CRISIL ratings has come out with its report on Rating Action Ratio (RAR). As per rating agency RAR is already declining due to weakening profitability.
CRISIL Global Research & Analytics (GR&A) has come out with its release on NASSCOM Exemplary Talent Practices Award. The high end global research business of CRISIL, has won top honor at the NASSCOM Exemplary Talent Practices Award (NExT Practices) for Skill Enhancement.
Wharton-India Economic Forum, every year policymakers, fund managers and industry experts come together in Philadelphia to discuss India. The theme for this year's conference is India gaining momentum. CNBC-TV18's Malvika Jain spoke to some of the biggest names in the world of finance, some very inspiring entrepreneurs and decision makers.
The retail loan portfolio of the Non Banking Finance Companies (NBFCs) is expected to grow over Rs 4000 crore or USD 4 trillion by March 31, 2013.
The need of the hour is access to multiple source of financing. Industry experts feel there is a need to create a new class of instruments that will give big boost to infrastructure financing. Is that new class of instrument doable?