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Tata Steel bets big on India growth, says Chairman N Chandrasekaran

Chandra said global steel output in FY2024-25 was stable at 1.83 bln tonnes, but despite this, margins remained under pressure due to supply chain volatility, although coking coal prices were lowe

Fintech major PhonePe appoints new board member as it prepares for IPO

PhonePe is the largest player on India's real-time payments system Unified Payments Interface (UPI). It reversed its listing from Singapore to India in 2022

Asheesh Pandey, Kalyan Kumar recommended to head UBI, Central Bank

FSIB interviews 23 candidates and recommends Asheesh Pandey for UBI and Kalyan Kumar for Central Bank; final nod awaits approval by Appointments Committee of the Cabinet

India Inc needs scheme like Vivaad se Vishwas, says Sunil Bharti Mittal

Says government must launch Vivad se Vishwas scheme for corporates to release locked funds, backs a uniform 25% tax rate and 'one nation, one election' for economic efficiency

Hinduja Global Services elevates Venkatesh Korla as Global CEO

Hinduja Global Solutions (HGS) on Thursday named Venkatesh Korla, President and CEO of HGS Americas, as the new Global CEO.

PAG elevates India head Nikhil Srivastava to co-head of private equity

Nikhil Srivastava, who currently leads PAG's India PE arm, has been named co-head of private equity and joins the firm's management committee amid a leadership transition

Prashant Tripathy to step down as Axis Max Life MD & CEO in September

Axis Max Life CEO Prashant Tripathy to step down by September-end after six years at the helm; board to begin search for successor, subject to regulatory nods

IndiGo appoints Ton Dortmans to lead A350 service, MRO growth plans

Ton Dortmans to join IndiGo in August 2025 to support A350 technical entry and expand MRO capabilities. Vikram Singh Mehta appointed new chairman as Venkataramani Sumantran steps down after five years

N Chandrasekaran to step down from Tata Chemicals; new chairman appointed

N Chandrasekaran will step down as chairman and director of Tata Chemicals on May 29. S Padmanabhan is appointed as new chairman, while Modan Saha joins the board as additional director

Gangwal, family trust offload 5.7% stake in IndiGo for ₹11,564 crore

Over the past few years, Rakesh Gangwal and his related entities have gradually reduced their stake in IndiGo through multiple block deals

Three senior executives resign from Akasa Air amid leadership churn

Akasa Air's growth ambitions have been challenged in the last one year by delays in the delivery of its Boeing 737 MAX aircraft

Rishad Premji's pay doubles to $1.6 mn, still less than Wipro CEO's

Premji, in the fiscal year 2023-24, did not take any commission since the company's incremental consolidated net profit for the year was negative

Tata Digital CEO Tahilyani resigns after a year, joins Prudential

Tahilyani, who joined Tata Digital in February 2024, exits after restructuring leadership and growing the firm's financial offerings including a booming credit card base

Indian-origin Tesla CFO Vaibhav Taneja tops 2024 pay with $139 mn package

Tesla CFO Vaibhav Taneja earned $139 million in 2024, surpassing paychecks of top CEOs like Satya Nadella and Sundar Pichai, marking the highest CFO compensation in decades

Punjab & Sind Bank, IoB chiefs likely to get extended tenures soon

"Granting extension of tenures to PSB & IOB MDs is at a final stage. Both MDs have two years of services left. The final notification will come soon," said the source

TCS strengthens leadership to accelerate focus on AI, data, Cloud

Aarthi Subramanian has been named executive director-president and chief operating officer (COO), while Mangesh Sathe has been appointed as chief strategy officer

UnitedHealth CEO steps down; suspends 2025 outlook on higher medical costs

Hemsley was UnitedHealth Group CEO from 2006 to 2017. He will remain chairman of the company's board. Witty will serve as a senior adviser to Hemsley

ONDC appoints COO Vibhor Jain as acting CEO as leadership reshuffle deepens

ONDC names Vibhor Jain as acting CEO with immediate effect, concluding the Executive Committee's interim oversight as the platform continues its search for a new CEO

Jaggi brothers resign from Gensol Engineering board amid Sebi fund probe

Sebi had barred Anmol and Puneet Jaggi from directorial roles over fund diversion; Gensol founders submit resignations citing regulatory order

All-weather man: How Jatin Singh built Skymet into a rival to IMD

Singh tells that much of his career has been about building systems the government should have