Compensation gap between CEO & median employee widens in India Inc from pre-pandemic years, finds ET studyAn ET study identified the widening gap in compensation between CEOs and median employees in 35 major Indian companies post-pandemic. Compa...
22 Jul, 2024, 01.34 AM IST
Crorepati club swells at HUL, ITC and United SpiritsAccording to their latest annual reports, HUL and ITC saw 33% and 44% increase in the number of eight-figure salary earners in FY22, respec...
18 Jul, 2022, 12.53 AM IST
Consumer court awards woman Rs 2 cr compensation for a botched haircutA woman in Delhi has won a Rs 2 crore compensation against the ITC Maurya three years after a bad haircut and a botched hair treatment at t...
24 Sep, 2021, 01.17 PM IST
39 managers enter ITC crorepati club in FY21Total crorepati count rises to 153; in the FMCG space, ITC has 96 execs earning over a crore a year compared to 123 in HUL.
16 Jul, 2021, 07.39 AM IST
Hygiene to Haldi: How consumer goods firms created a new market amid a crisisIndia’s third-largest listed packaged foods player ITC has launched over 40 new products in the past five months, including vegetable washe...
18 Sep, 2020, 07.23 AM IST
Truckers, labour get 30% more pay from FMCG companiesThe companies are facing the dual challenge of acute labour shortage because of migration and fear of the Covid-19, which are creating dema...
08 Apr, 2020, 06.48 AM IST
ITC to hike chairman and managing director Sanjiv Puri's salary by 45%Incidentally, Sanjiv Puri’s total compensation also includes performance bonus which will not exceed 300% of basic salary as determined by ...
21 Aug, 2019, 07.51 PM IST
ITC appoints managing director Sanjiv Puri as chairmanPuri, 56, was being mentored by YC Deveshwar for the dual role of chairman-cum-managing director.
13 May, 2019, 02.50 PM IST
ITC MD Sanjiv Puri may be named ChairmanThe move is seen as a foregone conclusion since Deveshwar had already chosen Puri for the position.
13 May, 2019, 12.24 PM IST
ITC to extend tenure of non-executive chairman YC Deveshwar by another two yearsThe notice said ITC’s nomination and compensation committee and board felt “it would be in the best interest of the company for Mr Deveshwa...
26 Jun, 2018, 07.01 PM IST
ITC calls liAS recommendations' misleading and defamatoryITC is seeking shareholders' nod for additional remuneration for Deveshwar, who stepped down from executive role in February this year, tha...
08 Jul, 2017, 01.46 AM IST
ITC proposes more pay to Deveshwar, seeks shareholders' nodAt last year's AGM, the shareholders of the company approved appointment of Deveshwar as Non-Executive Director and Chairman for a period o...
29 Jun, 2017, 04.07 PM IST
ITC proposes additional salary to Y C Deveshwar, seeks shareholder nodAt last year's AGM, the shareholders of the company had approved appointment of Deveshwar as Non-Executive Director, and Chairman for a per...
28 Jun, 2017, 09.27 PM IST
Sanjiv Puri to Replace YC Deveshwar as ITC CEOAn alumnus of the Indian Institute of Technology, Kanpur, Puri joined ITC three decades ago, in 1986, and led ITC Infotech among other vert...
25 Jan, 2017, 12.35 AM IST
Sanjiv Puri being mentored to succeed ITC's YC Deveshwar, B Sumant may get board seatAccording to the company’s annual report, executive directors generally don’t exceed one-third of the total strength. ITC has a 15-member b...
11 Jul, 2016, 01.28 AM IST
OYO Rooms appoints Dinesh R as chief human resources officerPrior to this appointment, Dinesh R was head of compensation & benefits in APAC region for the Coca Cola Company.
15 Feb, 2016, 02.38 PM IST
- YC Deveshwar may get fresh term as ITC chairman to groom heir
ITC plans to hand another five-year stint as chairman to Y Deveshwar when his tenure ends next year, but in a non-executive role.
14 Jun, 2011, 07.18 AM IST