Mastercard CEO Ajay Banga will leave his position next year and take over as executive chairman, the company announced.
Category: Corporate
Companies in UK owned by Indian diaspora paid GBP 1 bn in taxes: Report
The report, produced by Grant Thornton UK jointly with the Indian High Commission in London and the Federation of Indian Chambers of Commerce and Industry (FICCI UK), zeroed in on a select few of an estimated total of over 65,000 diaspora-connected companies.
WeWork appoints Indian-origin real estate veteran Sandeep Mathrani as CEO
WeWork on Sunday announced that Indian-origin executive Sandeep Mathrani will join the Company as Chief Executive Officer and a member of the Board of Directors, effective February 18, 2020.
Indian-origin Arvind Krishna to be new IBM CEO
Indian-origin executive Arvind Krishna, 57, is set to take charge of International Business Machines Corp (IBM) from April after its Chief Executive Officer Ginni Rometty decided to hand over the reins of the company’s cloud business.
Indian government offers 100% stake in Air India for sale; sets March 17 deadline for bids
The Indian government on Monday set March 17 as the new deadline for submitting expressions of interest in acquiring a 100 per cent stake in debt-laden state-owned airline Air India.
Pine Labs becomes first Indian unicorn of 2020 with Mastercard deal
Pine Labs, a point-of-sale and merchant commerce solution provider incorporated in Singapore, has become the first unicorn of 2020 from India after a deal with New York-based financial services major Mastercard.
Microsoft, Google on opposite sides of debate over EU proposal to temporarily ban facial-recognition tech
Microsoft and Google came down on opposite sides of the European Union proposal to temporarily ban facial-recognition technology.
India, UK attracted record tech investments in 2019: Report
India attracted tech investments worth USD 9.36 billion in 2019, a 95 per cent increase compared with the previous year, according to data compiled by Dealroom.co.
Bezos: Will export Indian goods worth USD 10 billion by 2025
Kicking off a two-day summit in New Delhi, Amazon Inc founder Jeff Bezos on Wednesday said his company will use its global footprint to export USD 10 billion worth of Make in India goods by 2025.
OYO lays off over 1,000 workers in ‘right-sizing’ drive
Indian hospitality unicorn OYO announced plans to downsize over 1,000 people in India and 600 in China as part of its restructuring and reorganisation of teams across businesses.
