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When pay ceiling catches up with IT firms' stock-rich CEOs

New Delhi, July 23 -- Information technology (IT) services firms have long used shares to reward chief executives. Now, as the CEOs cash in stock awards accumulated over the years, companies are seeki... Read More


TCS reshuffles top ranks, reorganizes business units amid growth push

Bengaluru, July 12 -- Tata Consultancy Services Ltd (TCS) has undertaken its biggest leadership rejig in three years, shuffling about a dozen senior executives across service lines, industry groups an... Read More


Blackstone pledges all its Mphasis shares to raise $700 million and refinance loan

New Delhi, May 20 -- Blackstone has pledged its entire 30.55% stake in Mphasis Ltd and raised an estimated $700 million, an executive said, to refinance a loan taken to fund the private equity firm's ... Read More