In Wipro, after CEO Vivek Paul's exit in 2005, Azim Premji assumed the role for three years till 2008. Between 2008 and 2011, the company was led by Girish Paranjpe and Suresh Vaswani, both of them old-timers, who quit in 2011 on grounds of personal reasons. By then, Wipro's growth began to slump. … [Read more...] about Wipro’s new CEO: Can foreign executives succeed in Indian IT firms?
New year resolutions
Trump signed an executive order Thursday that could take away social media companies’ current exemption from civil suits stemming from harmful content posted to the platforms by users. That exemption is part of Section 230 of the Communications Decency Act, which was written back in 1996 by Congressmen Ron Wyden of Oregon and Chris Cox of California and has been called the “internet’s First Amendment.” … [Read more...] about Trump’s new executive order is a ‘mugging of the First Amendment,’ says Sen. Wyden
3. In the third phase, Dates for restarting International air travel except as permitted by MHA, Metro Rail, Cinema halls, gyms, swimming pools, entertainment parks, theatres, bars and auditoriums, assembly halls, Social, political, sports, entertainment, academic, cultural, religious functions and other large congregations will be decided after assessing the situation. … [Read more...] about Lockdown 5.0: Here are key highlights from the government’s latest order
The CGs led to not just an increase in credit towards these neglected areas, but also of rising claims. The CGC expedited the processing of claims, but that also weakened its financial position. This weak financial position led to the merger of the CGCI with the DIC to become the Deposit Insurance and Credit Guarantee Corporation. The group which led to the formation of the CGC had anyway recommended the DIC to take over the tasks of credit guarantees. So, it was more like coming home really. The Act to provide for acquisition of the CGC by the DIC was passed in April 1978 and came into effect from July 15, 1978. … [Read more...] about Credit guarantees of 1970s make a comeback
At such a time, there is also a widespread debate on how the economies of various countries, including India’s, will recover. However, given the way India has surprised the world with its unity and resolve in the fight against Coronavirus, there is a firm belief that we will also set an example in economic revival. In the economic domain, through their strength, 130 crore Indians can not only surprise the world but also inspire it. … [Read more...] about Modi 2.0: PM Narendra Modi pens letter on first anniversary of second term. Read full text