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German luxury carmaker Mercedes-Benz on Monday announced a top-level management change in India with Martin Schwenk set to take over as Managing Director and CEO from November 1, 2018.

Martin Schwenk to be new Mercedes-Benz India MD and CEO

Folger has been instrumental in Mercedes-Benz regaining its leadership position in the Indian luxury car segment.

09 Jul 2018 1:36 PM

State Bank of India (SBI) on Monday announced appointment of Arijit Basu as the Managing Director.

Arijit Basu takes charge as Managing Director of SBI

During his tenure, the company successfully listed on the Stock Exchanges in October, 2017.

02 Jul 2018 3:50 PM

SBI chairman Rajnish Kumar drew a gross salary of Rs 14.25 lakh for six months, remuneration of Aditya Puri, managing director of HDFC Bank, was Rs 9.64 crore.

SBI CMD’s salary is too little compared to HDFC Bank MD’s

SBI suffered a net loss of Rs 6,547.45 cr in 2017-18, against a net profit of Rs 10,484.1 cr in preceding fiscal.

14 Jun 2018 8:55 AM

The next thing would be to help break the taboo of breastfeeding (or pumping) at work. (Photo: Pixabay)

Breastfeeding facility at workplace a major concern for new mothers: Survey

The first thing is to offer comfortable breastfeeding/pumping facilities like dedicated rooms and equipment.

15 May 2018 8:34 PM

AirAsia India Wednesday announced the departure of Amar Abrol as the managing director and chief executive officer effective next month.

AirAsia India MD Amar Abrol quits

Abrol will be moving back to the AirAsia Group headquarters in Malaysia.

02 May 2018 6:28 PM

The Mumbai Metro Rail Corporation's Metro III project is completely underground and will connect Colaba in South Mumbai to Bandra and Santacruz Electronics Export Processing Zone in the western suburbs of the city. (Photo: ANI)

L&T bags contract for Metro-3 electrical works

Meanwhile, of the 17 TBMs (Tunnel Boring Machines) which are used for the tunnelling of the underground Metro.

22 Feb 2018 6:24 AM

New Infosys CEO Salil S Parekh. (Photo: YouTube)

Growth, healing: New CEO faces twin tests at Infosys

Parekh has to help bellwether of India’s USD 154 bn software services sector recover from a nasty public spat

04 Dec 2017 10:26 AM

Parekh, an IIT Bombay and Cornell University alumnus, has been the Head of Asia-Pacific, North America. (Photo: YouTube)

Infosys appoints Salil S Parekh as CEO and Managing Director

Parekh had been with Capgemini India for 14 years, starting with Ernst & Young in 1992.

02 Dec 2017 3:56 PM

Prior to joining Facebook, Bedi served as the managing director of the South Asia region at Adobe. (Photo credit: Facebook)

Facebook India MD Umang Bedi quits; Bhushan named interim head

Umang Bedi will be leaving his role at Facebook at the end of this year.

10 Oct 2017 3:25 PM

Tata Steel MD Narendran bags away salary of Rs 8.17 crore in 2016-17

Narendran's salary saw a rise of 11.87 per cent from Rs 7.3 crore in 2015-16, according to the company's annual report.

06 Aug 2017 4:20 PM

Vikram Limaye is likely to join National Stock Exchange (NSE) as its new Managing Director and chief executive from Monday.

Vikram Limaye to step in as NSE MD from Monday

Last month, markets regulator Sebi cleared Limaye's appointment as head of NSE, provided he gives up his role at BCCI.

12 Jul 2017 4:01 PM

The body of Pendse, who was fired by the Tatas in 2001 was found at his office in Royal Grace Building, Dadar East.

Former MD of Tata Finance commits suicide

Pendse’s two sons stay abroad and have been informed about the incident. He was staying in Dadar along with his wife.

06 Jul 2017 2:48 AM

Shashi Shanker to head ONGC as CMD from Oct 1

Shashi Shanker, who is currently Director (Technical and Field Services), ONGC, was selected by PESB to head ONGC.

20 Jun 2017 9:21 AM

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Mohan Guruswamy