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CEO pay in India averaged ₹7.2 crore in FY24, MNCs offer higher salaries than Indian firms: Report
New Delhi , July 30 (ANI): The average compensation for Chief Executive Officers (CEOs) in India's listed companies touched ₹7.2 crore, growing at an annual rate of 9 per cent over the last decade, according to a report by executive…
Rapid GCC growth reshapes India’s outsourcing industry
Recent exponential growth of global capability centres (GCC) in India may have come at the expense of the people-led tech outsourcing industry – the country’s biggest services exports over the past three decades and unquestionable change…
Jashvik Capital acquires stake in pharma software provider Marg ERP for over ₹400 crore
Private equity firm Jashvik Capital said on Wednesday that it has acquired a stake in pharma software provider Marg ERP for over ₹400 crore, marking the firm’s fourth investment from its maiden fund, which has a…
Tech failures to training gaps, Air India audit report flags 80 lapses
The aviation watchdog, DGCA, has raised alarm over Air India’s safety standards, flagging over 80 violations and observations in a damning audit conducted earlier this month. The findings come amid heightened scrutiny following the recent…
India faces dilemma over 5th generation jet
India faces a conundrum. Its ongoing effort to develop an indigenous fifth-generation fighter jet will take 8-10 years to fructify. In the meantime, New Delhi can either opt to wait, or as an interim measure, accept an offer from either US…
Microsoft Ditches Russia-Linked Nayara: EU Sanctions Slam Indian Oil Giant Into Crisis, Rediff…
New Delhi: A storm is brewing in India’s oil sector. The trigger? A fresh wave of European Union (E.U.) sanctions aimed at isolating Russia’s oil economy. But this time, the fallout is not in Moscow; it is at a high-capacity refinery in…
Fujitsu Oceania accelerates retail innovation with GK Software
The new leadership team of Fujitsu Oceania has hit the ground running, executing its recently updated strategy to shift to an industry-aligned operating model to deliver more tailored, outcome-driven…
High Stakes For a New Bee: Can Everta Plug Into India’s EV Ambitions?
Everta, a new entrant in India’s growing EV charging space with a strategic partnership with Epsilon Advanced Materials, a leading battery material solution provider, has bold plans and bigger…
Microsoft Sued By Nayara Energy Over Cutting Services’ Access Amid EU-Russia Sanctions
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Reliance Jio launches JioPC, a virtual pay-as-you-go cloud computer
JioPC turns any screen into a full-fledged computer, requiring no costly hardware or upgrades
Reliance Jio has announced the launch of JioPC, a cloud-based AI-enabled virtual desktop platform, which…