Ceos
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India 4th best market for global firms looking for growth abroad; shows highest levels of confidence among major economies: CEO survey
•China and India showed the highest levels of confidence among major economies at 45 percent and 40 percent, respectively.
Adobe's Shantanu Narayen, Mastercard's Ajay Banga, Microsoft's Satya Nadella in Harvard Business Review's top 10 best-performing CEOs
•Three Indian-origin CEOs have been featured in a list of world's top 10 best-performing chief executives
Finance Minister Nirmala Sitharaman to meet CEOs of PSU banks today; to review fund flow to NBFC, MSME sectors
•NBFCs, including housing finance companies (HFCs), came under stress following a series of defaults by the group companies of IL&FS in September last year
Reserve Bank of India changes daily reporting system in cooperative banks after PMC Bank crisis
Fp Staff •The RBI had put regulatory restrictions on PMC Bank after finding irregularities, and misreporting of loans given to real estate developer HDIL
Nationalisation of banks: Govt can continue to own banks, but management must be made professional
Madan •Also, the PSBs have taken up technology quite well with core banking now virtually omnipresent. Employee efficiency too has improved and comparable with that in private banks.
Mukesh Ambani keeps salary capped at Rs 15 cr for 11th year in a row; forgoes over Rs 24 cr per annum
•Mukesh Ambani voluntarily capped his compensation at Rs 15 crore in October 2009 amid a debate over right-sizing of CEO salaries.
CEOs of state banks can request for look-out notices against wilful defaulters, fraudsters
•Earlier this year, the government formed an inter-ministerial panel to look into various issues, including how to put a check on wilful defaulters fleeing the country.
CEOs switching jobs: What should they consider before taking this step
Fp Staff •A CEO is not all powerful – there are boundaries that even a CEO faces vis-à-vis the board , the promoters and the ecosystem
Narayana Murthy urges CEOs, top executives to practice austerity to scale up growth of companies
•Murthy said, scaling up could also be done by focusing on productivity of the people by training them, which would enable them to do much more
Under YC Deveshwar ITC moved from cigarette to FMCG: 5 key points
Fp Staff •Under him, ITC launched e-Choupal in 2000, an initiative to link directly with rural farmers via the Internet for procurement of agricultural and aquaculture products like soybeans, wheat, coffee, and prawns