The share of women directors on the boards of NSE-listed companies has grown from 5% to over a fifth – over four times– between 2013 and 2025, even as the total number of directors grew 45%, according to a report by primeinfobase.com. However, women still struggle to move up the corporate hierarchy with less than
The government on Friday named private sector consultant Vikas Kaushal the chairman and managing director of Hindustan Petroleum Corporation (HPCL) for a period of five years, according to an official order. He succeeds Rajneesh Narang, director (finance), who was handling the additional charge of CMD since September 1, 2024. ALSO READ8.8% salary increase expected in
With the new financial year beginning from April 1 and most of the IT companies having completed performance review of their employees, a clear picture is going to be out in terms of salary hike. Meanwhile, responses from 75% of the companies that participated in the Deloitte India Talent Outlook 2025 have shown that they
There is a rise in concern for uninsured Indian women. Despite increased participation of this financially vulnerable section, a major section still lacks coverage for critical treatment. Nearly 80% of women in India do not have a health insurance over Rs 20 lakh which is often required for chronic cases like Cancer or cardiac problems.
The National Company Law Tribunal, Bangalore bench approved Quess Corp Limited India’s largest business services company of the Composite Scheme of Arrangement for the demerger on the March 4 leading to the creation of three public listed entities. Following this, Quess Corp will continue to house India’s largest workforce management company with a headcount of over
Larsen and Toubro is back in news, but this time for the right reasons. The company’s chairman, SN Subrahmanyan, faced severe backlash a few months ago for endorsing the 90-hour work week culture. However, netizens are now hailing his latest move as on Thursday, he announced a one-day menstrual leave for the women employees. The
The Delhi High Court has ruled in favour of the government in a gas migration dispute between ONGC and a Reliance Industries-led consortium. The ruling could impact India’s oil and gas sector and influence future contractual obligations for shared reservoirs, explains Arunima Bharadwaj ALSO READBritannia CEO Rajneet Singh Kohli resigns, stock dips 0.6% post announcement
Birla Opus, the paints venture of the Aditya Birla group, is offering nearly double the amount of price-offs or discounts on products, at 6-7%, compared to rivals such as Asian Paints and Berger, whose price discounts are at about 3-4% on its products, trade and industry sources have told FE. The pricing action by Birla
Edelweiss Asset Management Limited has announced the launch of their Edelweiss Low Duration Fund. The New Fund Offer (NFO) will be open for subscription from March 11 to March 18, 2025. It is an open-ended low duration debt scheme and the investment objective of the scheme is to generate income by primarily investing in low-duration
It’s a weak session for the markets and tech stocks are amongst the key losers. Stocks Infosys, Tech Mahindra, Wipro are down as much as 3% intra-day and exerting significant pressure on the benchmark Indices. The Nifty IT Index is down over 1% and the stocks that are under pressure include L&T Technology Services, Mphasis
The brokerage firm Jefferies has maintained a positive outlook on India’s metal sector, reiterating its ‘Buy’ rating on Hindalco and Tata Steel while keeping a ‘Hold’ on JSW Steel. The firm has revised its target prices, setting Hindalco at Rs 800, Tata Steel at Rs 180, and JSW Steel at Rs 920. According to the
Vodafone Idea’s share prices extended the fall and the share price is now down close to 5% in 5 days. The company has missed the deadline for submitting a bank guarantee worth Rs 6,091 crore. It is for the shortfall in the 2015 spectrum auction dues. The telecommunications department (DoT) instructed the company to either
The fast-moving consumer goods (FMCG) industry posted lackluster numbers in the December quarter amid macroeconomic headwinds in the West and also a slowdown in urban demand. However, with domestic revival at play and consumption growth, Centrum Institutional Research stated, the sector is likely to see a boost in the coming months. Per the report by