Business Today

Rana Kapoor to retire as Yes Bank MD and CEO by January 2019

In June this year, Yes Bank shareholders had approved Kapoor's re-appointment as the MD and CEO of the bank, subject to RBI's approval.

Gujarat Assembly increases MLAs' salary by at least Rs 45,000

Accordingly, the monthly salary of the MLAs will be hiked to Rs 1.16 lakh as against the existing Rs 70,727, a rise of about 64 per cent.

Global tech firms gear up to fight India's planned data law

In July, a government panel recommended that all "critical personal data" should be processed in India, and presented a draft bill that could affect how global firms store customer data.

China asks India to provide 'level playing field' for its firms in 5G trials

The DoT had reportedly barred Huawei Technologies and ZTE Corp from the list of companies allowed to work with local companies in 5G technology-based trials due to "security" concerns.

Rajiv Bansal files caveat in civil court against Infosys

Former Infosys chief financial officer Rajiv Bansal has filed a caveat in a civil court here against the city-based company after an arbitral tribunal directed it to pay him outstanding severance package amount of Rs 12.17 crore with interest.


From The Magazine

Need to Avoid Panic

After the rupee plunged to new lows against the dollar, having depreciated to close to 73, the government has finally acted by announcing a slew of measures to prop up the currency.