I do not think the animal spirits in the private sector have gone down. I do not think the risk-taking ability of Indian entrepreneurs is low. At the opportune moment, you will see the capacity building happening.” says Sanjiv Mehta, CEO, Hindustan Unilever Ltd. at the ET CEO Roundtable. [Disclaimer: This story was automatically generated … Read more
The rejig at the top helm of the IT giant Tata Consultancy Services (TCS) comes at a time when Indian IT companies have been struggling against higher employee costs eating into their margins despite robust demand for technology. The company announced yesterday (16 March) that CEO Rajesh Gopinathan has quit the company and K Krithivasan … Read more
Mohit Joshi Infosys: IT company Tech Mahindra on Saturday announced the appointment of former Infosys president Mohit Joshi as MD and CEO designate, who will take over the charge from C P Gurnani after his retirement on December 19 this year. The announcement follows the resignation of Joshi from Infosys where he was head of … Read more
EU Breton warns TikTok CEO: – The European Union’s digital policy chief warned TikTok’s boss on Thursday that the social media app will have to fall in line with tough new rules for online platforms set to take effect later this year. EU Commissioner Thierry Breton held a video call with Shou Zi Chew, the … Read more
World Economic Forum 2023 Davos: Indian banking system is capable of supporting any economic growth notwithstanding the current blips in deposit growth, Axis Bank’s Managing Director and Chief Executive Officer Amitabh Chaudhry told Journalpur Business Executive Editor Swati Khandelwal on the sidelines of World Economic Forum 2023 in Davos. #JournalpurAtDavos If the economy grows, deposits will … Read more
Social media platform Goal on Monday appointed Vikas Purohit, former chief executive of Tata CLiQ, as head of Global Business Group for its India operations. Purohit will report to Arun Srinivas, Director and Head of Meta Ads Business in the country. He will spearhead the company’s strategic relationship with the country’s leading brands and agencies … Read more
TCS Third Quarter Results: Tata Consultancy Services (TCS), India’s largest IT services company, reported a four per cent sequential increase in net profit to Rs 10,850 crore for the October to December. Its quarterly revenue rose 5.3 per cent to Rs 58,229 crore. [Disclaimer: This story was automatically generated by a computer program and was … Read more