Life and Careers

Bill & Melinda Gates Foundation names new CEO

Bill & Melinda Gates Foundation names new CEO

Tuesday December 17, 2013, Seattle

The Bill & Melinda Gates Foundation said on Tuesday its new chief executive would be Susan Desmond-Hellmann.

Reliance Industries appoints Adil Zainulbhai as independent director on its board

Reliance Industries appoints Adil Zainulbhai as independent director on its board

Friday December 20, 2013, New Delhi

Reliance Industries on Friday announced appointment of Adil Zainulbhai as independent director on its board.

Janet Yellen nomination to head Fed clears US Senate procedural hurdle

Janet Yellen nomination to head Fed clears US Senate procedural hurdle

Friday December 20, 2013, Washington

Janet Yellen, an unwavering advocate of the Federal Reserve's aggressive steps to boost the US economy, on Friday took a big step toward becoming the first woman to head the central bank as her nomination cleared a Senate Republican procedural hurdle.

HDFC Bank elevates Paresh Sukthankar as deputy managing director

HDFC Bank elevates Paresh Sukthankar as deputy managing director

Tuesday December 24, 2013, Mumbai

HDFC Bank, India's second largest private sector lender, on Tuesday promoted Paresh Sukthankar as its deputy managing director.

Vineet Nayar steps down from HCL Technologies board

Vineet Nayar steps down from HCL Technologies board

Friday December 27, 2013, New Delhi

IT industry veteran Vineet Nayar on Friday stepped down from the board of Indias fourth largest software services firm, HCL Technologies, to devote more time to his foundation.

Idea MD's yearly remuneration cap doubled to almost Rs 10 crore

Idea MD's yearly remuneration cap doubled to almost Rs 10 crore

Monday December 30, 2013, New Delhi

Idea Cellular shareholders have agreed to almost double the pay package ceiling of the telecom firm's managing director, Himanshu Kapania, to about Rs 10 crore per annum.

Vedanta CEO Mehta to stay on until March

Vedanta CEO Mehta to stay on until March

Tuesday December 31, 2013

India-focused mining company Vedanta Resources Plc said on Tuesday its chief executive Mahendra Singh Mehta had agreed to stay on at the helm until the end of March 2014, giving the London-listed miner time to search for his successor.

Jobs up 5.7%, wages 16.9% in 2011-12: government

Jobs up 5.7%, wages 16.9% in 2011-12: government

Wednesday January 01, 2014, New Delhi

Total persons engaged in different industries were 1.33 crore in 2011-12 as compared to 1.27 crore in 2010-11, as per the survey released by the Ministry of Statistics and Programme Implementation.

New Year cheer: 8.5 lakh new jobs expected in 2014

New Year cheer: 8.5 lakh new jobs expected in 2014

Wednesday January 01, 2014

Companies are gearing up to add over 8 lakh new employees to their payrolls and dole out salary hikes of up to 20 per cent to best performers in 2014, say experts.

Infosys ex-board member Balakrishnan joins AAP

Infosys ex-board member Balakrishnan joins AAP

Wednesday January 01, 2014, Bangalore

In a surprise move, V Balakrishnan, who stepped down as board member of software behemoth Infosys recently creating ripples in the corporate circles, has joined the Aam Admi Party.

India-born executive Satya Nadella among candidates to lead Microsoft

India-born executive Satya Nadella among candidates to lead Microsoft

Saturday November 30, 2013, New York

India-born senior Microsoft executive Satya Nadella is among the top two likely candidates whose name is being considered for becoming the next chief executive of the worlds biggest software company, replacing longtime chief executive Steve Ballmer.

Amul chairman Vipul Chaudhary removed from post

Amul chairman Vipul Chaudhary removed from post

Monday January 13, 2014, Ahmedabad

Vipul Chaudhary, chairman of Gujarat Cooperative Milk Marketing Federation (GCMMF) that markets its products under the Amul brand, has been removed from the post.

Microsoft considers Ericsson CEO for top job: report

Microsoft considers Ericsson CEO for top job: report

Thursday January 16, 2014, San Francisco/Stockholm

Microsoft Corp is considering Ericsson's chief executive, Hans Vestberg, as a possible successor to outgoing CEO Steve Ballmer, Bloomberg reported, citing sources briefed on the software giant's executive search.

Reliance Globalcom appoints William Barney as CEO

Reliance Globalcom appoints William Barney as CEO

Friday January 17, 2014, New Delhi

Reliance Globalcom, a unit of Reliance Communications (RCom), on Friday appointed William (Bill) Barney as chief executive of its three offshore businesses, comprising Flag Telecom, Yipes and Vanco.

Yahoo's fired No. 2 made more than his boss

Yahoo's fired No. 2 made more than his boss

Saturday January 18, 2014

It's hard to shed too many tears for Henrique de Castro, who was fired this week as Yahoo's No. 2 executive.