Murty, daughter of Infosys co-founder Narayana Murthy, held 3.89 crore shares, or 0.93 per cent, of Infosys at the end of September, according to company filings with the stock exchanges.
Posts tagged Rediff
Diesel car cost likely to rise by nearly Rs 80,000 (25-10-2022)
Buying a car, particularly a diesel-powered one, is set to pinch the customers’ pockets even more from the next financial year, as the second phase of Bharat Stage VI (BSVI) emission norms kicks in. The rules require cars to be compliant with real driving emission (RDE) norms, which measure pollutants emitted by cars while they are being driven on the road, unlike in a laboratory test. The norms may increase the cost of producing diesel vehicles by nearly Rs 75,000 to Rs 80,000, and petrol-powered ones by Rs 25,000 to Rs 30,000, analysts said.
Collateral-Free Funding For Start-Ups (25-10-2022)
The credit guarantee cover under the scheme would be both transaction-based (for single eligible borrowers) and umbrella-based (for a group of eligible borrowers).
Sunil Bhaskaran may pilot A-I’s arm after AirAsia deal (24-10-2022)
Sunil Bhaskaran, AirAsia India’s chief executive officer (CEO) and managing director (MD), is the front-runner to head the low-cost carrier that will take birth after the merger of Air India Express and AirAsia India, sources said. In a show of confidence, the airline’s board extended Bhaskaran’s tenure by three years — until March 2025 — in a meeting held earlier this year, according to the documents reviewed by Business Standard. Moreover, AirAsia India’s board of directors has increased Bhaskaran’s salary twice in 2022 — first in January by 5 per cent and then in June by 7 per cent, the documents showed.
Sunil Bhaskaran may pilot A-I’s arm after AirAsia deal (24-10-2022)
Sunil Bhaskaran, AirAsia India’s chief executive officer (CEO) and managing director (MD), is the front-runner to head the low-cost carrier that will take birth after the merger of Air India Express and AirAsia India, sources said. In a show of confidence, the airline’s board extended Bhaskaran’s tenure by three years — until March 2025 — in a meeting held earlier this year, according to the documents reviewed by Business Standard. Moreover, AirAsia India’s board of directors has increased Bhaskaran’s salary twice in 2022 — first in January by 5 per cent and then in June by 7 per cent, the documents showed.
Samvat 2079 begins on auspicious note (24-10-2022)
Market benchmark BSE Sensex rallied 635 points to 59,942 in the opening trade of the special Muhurat session on Monday to mark the beginning of Hindu Samvat year 2079. The 30-share index was trading higher by 635.12 points, or 1.07 per cent, at 59,942.27 in the first few minutes of trade. Similarly, the broader NSE Nifty surged 192.20 points or 1.09 per cent to 17,768.50.
Talent Cloud will address moonlighting: TCS (24-10-2022)
In the future of work, companies will have to embrace terms like moonlighting, gig work, flexi work as ‘on-demand talent in a Cloud’ can be a reality, says Milind Lakkad, chief human resource officer of Tata Consultancy Services (TCS). In some form or the other, gig work, flexiworking – and even moonlighting – will have to be welcomed by companies, says Lakkad. As a first step towards embracing these, TCS is trying to bring all these opportunities for its own employees within the company.
Isro launches 36 OneWeb satellites (24-10-2022)
On Sunday, at 12.07 am in Sriharikota, off the coast of the Bay of Bengal, it was almost like an early Diwali, with the sky lit up by the launch of 36 OneWeb satellites. The Indian Space Research Organisation (Isro) did the launch on a 43.5-metre-tall Geosynchronous Satellite Launch Vehicle Mark III (GSLV Mk III) rocket. After the countdown, which started 24 hours in advance, once the mega screen marked the launch, a select group of invitees at the gallery cheered by applauding the feat.
‘Spectrum auction to hurt India’s satellite play’ (24-10-2022)
Spectrum allocation for satellite services came up as a dominant theme at the launch of 36 communication satellites by OneWeb, a Bharti group venture, here on Sunday. Following the launch, Bharti Enterprises chairman Sunil Mittal, in a conversation with a group of reporters, reiterated that spectrum auction did not make sense in the case of satellite services. “This (satellite services) is not competing with mobile services where you can justify the auction.
‘Spectrum auction to hurt India’s satellite play’ (24-10-2022)
Spectrum allocation for satellite services came up as a dominant theme at the launch of 36 communication satellites by OneWeb, a Bharti group venture, here on Sunday. Following the launch, Bharti Enterprises chairman Sunil Mittal, in a conversation with a group of reporters, reiterated that spectrum auction did not make sense in the case of satellite services. “This (satellite services) is not competing with mobile services where you can justify the auction.