”A meeting of the Board of Directors is scheduled to be held on June 6 to consider raising of funds by way of issuance of equity shares and/or any other eligible securities through permissible modes, including but not limited to…
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Infosys CEO Salil Parekh’s annual compensation grew 17.3% in FY24 and reached nearly Rs 66 crore, as per the annual report of the company. In FY23, Parekh’s salary was Rs 56.4 crore.
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The growth of unsecured credit in India, including personal loans and credit card outstanding, slowed to 18% in April from 23% in November 2023. The Reserve Bank of India’s risk weighting on such exposures aims to reduce delinquencies in the…
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A new McKinsey report predicts India’s travel spending to grow at 9% annually driven by strong GDP growth. Domestic air passenger traffic is set to double by 2030, boosting the domestic travel market to potentially become the world’s fourth largest.
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Of the 341 CEOs in the AP’s 2024 compensation survey, 25 are women, the highest number since the survey began in 2011. Lisa Su of AMD is the highest-paid female CEO, earning $30.3 million. The median pay for female CEOs…
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A possible victory for the ruling NDA as indicated in exit polls is expected to result in lower bond yields and a stronger rupee.
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