Leslie Thng takes over as Vistara CEO

Leslie Thng takes over as Vistara CEO

Full service carrier Vistara on Monday said Leslie Thng has taken over as its chief executive officer after receiving all requisite approvals. Thng, whose appointment is effective from on Monday, replaces Phee Teik Yeoh, who has returned to Singapore Airlines....
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Tata Steel targets 20% women in workforce by 2020

Tata Steel targets 20% women in workforce by 2020

Tata Steel targets to have 20 per cent women in its workforce by 2020 as gender diversity ensures availability of different mindsets to deal with challenges, a top company executive said. “Gender diversity is essential, and not having it can...
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EU orders Amazon to pay 250 mn euros in taxes to Luxembourg

EU orders Amazon to pay 250 mn euros in taxes to Luxembourg

The EU turned the screw on US tech giants Wednesday, ordering Amazon to repay Luxembourg 250 million euros in back taxes and referring Ireland to the top EU court for failing to collect billions from Apple. Europe’s competition chief Margrethe...
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Former Uber chief names 2 directors, surprises board

Former Uber chief names 2 directors, surprises board

Former Uber CEO Travis Kalanick on Friday unilaterally appointed two new members to the board of directors in a surprise move that increased tension within the leadership of the popular ride service. Kalanick, who was pressured to resign in June...
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Loan default: Listed companies get a breather from Sebi

Loan default: Listed companies get a breather from Sebi

Markets regulator Sebi has put off implementation of its directive “until further notice” that required listed firms to inform exchanges if they default on loan payments to banks and financial institutions. In a circular, the Securities and Exchange Board ...
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Govt to set up 5 scrap-based steel plants, invest Rs 500 crore

Govt to set up 5 scrap-based steel plants, invest Rs 500 crore

The government is planning to set up five scrap-based steel plants at an investment of Rs 500 crore within a year to ensure that a chunk of the country’s targeted 300 million tonne steel output is met through scrap. India’s...
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