TCS gets a woman executive on board Posted on 13th March 2015 |
.jpg) |
| Tata Consultancy Services has elevated a woman onto its board of directors, earning the distinction of the being the only top Indian information technology (IT) services company to have a woman as an executive director. The Mumbai-headquartered company said, Aarthi Subramanian, who currently heads the global delivery excellence group had been appointed the executive director to the board for three years. “TCS is keen on giving exposure to the functioning of the Board to top talent as part of their leadership development,” said N Chandrasekaran, chief executive officer (CEO) and managing director (MD). “Subramanian, with over 25 years of experience across multiple industry solutions in different markets and a sharp focus on driving excellence in deploying best practices, will bring unique perspective to the Board deliberations”. Subramanian holds a bachelor of technology (BTech) in Computer Science from the National Institute Technology, Warangal and a Masters in engineering management from University of Kansas in the US. With this, the total strength of TCS’s board has increased to 11, including six independent directors. Even though the ratio of women in most Indian IT services companies has gone up to well over 30 per cent, there are fewer women especially in senior levels. In a recent mail to employees, Infosys’s CEO & MD Vishal Sikka has said that the company has set a target of having 25 per cent of the leadership positions to be occupied by women by 2020. The percentage of women in both Infosys as well as TCS currently stands around 33 per cent. |
|
|
|
|
Bharti Airtel defers Q2 results till Nov 14 over ambiguity on AGR verdict Posted on 29th October 2019 |
.jpg) |
Bharti Airtel said on Tuesday it has postponed its second-quarter earnings report to mid-November, as the wireless operator sought clarity on the court ruling asking telecom firms to cough up overdue payments to the government.
Shares of the company, which was expected to release its quarterly numbers later in the day, dropped 3.3 per cent in early trade. |
|
|
Rupee slips 8 paise vs US dollar in early trade amid drop in oil prices Posted on 7th October 2019 |
.jpg) |
The rupee on Monday opened eight paise lower at 70.96 against the US dollar amid drop in crude oil prices and rise in Asian equities. The domestic unit on Friday closed almost flat at 70.88 against after the Reserve Bank of India (RBI) in a widely expected move cut key interest rates by 0.25 percentage point. On a weekly basis, the local unit slumped by 32 paise. |
|
|
LIC pips private insurers in first-year premium growth during April-August Posted on 13th September 2019 |
.jpg) |
In the first five months of the current financial year, first-year premiums of life insurance companies grew by 39.84% (year-on-year) at Rs 1.05 lakh crore as compared to Rs 75,588.35 crore in April-August of 2018-19. Life Insurance Corporation of India (LIC) continued to grow at a faster pace compared to private insurance players, shows the data from the Insurance Regulatory and Development Authority of India (Irdai). |
|
|
Apollo Hospitals rules out further stake sale Posted on 13th September 2019 |
.jpg) |
Apollo Hospitals Enterprise (AHEL) has ruled out further dilution of promoters’ stake in the company. The company also said its Rs 1,337-crore stake sale of Apollo Munich Health Insurance with mortgage major HDFC will be concluded by October. Following these stake sales, the promoters’ pledged position will come down from a high of 76% to 54% by October and eventually to 20% by November or December, company sources said here. |
|
|
World trusts India on Kashmir, not us: Pakistan minister Ijaz Ahmed Shah Posted on 13th September 2019 |
.jpg) |
In a major embarrassment for Pakistan and its Prime Minister Imran Khan, the country's Interior Minister Ijaz Ahmed Shah, a retired brigadier, said the international community didn't believe Pakistan's narrative on Kashmir; instead it is India whose version is trusted. |
|
|
|
|
| Be the first person to write a business review for TCS gets a woman executive on board |
|
|
|