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Leadership is transcending sectoral boundaries with several companies betting on the innate abilities of candidates over same-industry experience. An Executive Access (India) study of 330 CEO movements over the last 10 months found that…

Consumers are once again developing an appetite for high-value packs in fast-moving consumer goods (FMCG) — a practice that was abandoned by many when the inflationary pressure was increasing.An analysis by Bizom, a platform that…

Mumbai: Reserve Bank of India (RBI) governor Shaktikanta Das has said inflation expectations have been anchored after peaking at 7.8% in April 2022. The governor also said that the central bank would like to bring down inflation to…

Mumbai: IDBI Bank has said it will offer a new 500-day deposit that offers 6.7% interest as part of the Amrit Mahotsav (75 years of independence) scheme. The bank has also hiked interest rates on term deposits across various tenors from…

Mumbai: The value of shares pledged by promoters of top 500 companies on the BSE declined to 1.5% of the aggregate promoter holding during the April-June quarter of the current fiscal (Q1FY23), from 1.7% during the preceding quarter…

Mumbai: Four months after the sensex recorded its highest level for the current fiscal, it reclaimed on Wednesday the psychologically important 60k level and closed just about half a percent off that FY23 peak. With crude prices sliding,…

Mumbai: The Reserve Bank of India (RBI), in a discussion paper on charges in the payments system, has flagged capping credit card fees as one of the issues to be considered. According to the report, the same limit the RBI applies on…

Namrata Singh & Rupali Mukherjee | TNNA six-day work week is passe. A large majority of executive talent wants to work for organisations that offer a 5-day work week for office-based roles. This, say executive search firms, has made…

Mumbai: Rakesh Jhunjhunwalaa, the billionaire investor who died early on Sunday, always bought a business and not just a few stocks. Although he started as a trader — nearly tripling his initial investment in Tata Tea (now Tata Consumer)…

Axis Bank MD & CEO Amitabh Chaudhry had announced a GPS (growth, profitability, sustainability) strategy in March 2019, a year after taking charge. Covid disrupted that strategy even as the bank was still dealing with asset quality…