Page 47 - Equity Program News Today

The demand for leaders is soaring due to the crucial role they play in guiding organizations and adapting to changing business landscapes. Companies are seeking professionals who can navigate challenges, make strategic decisions, and foster a culture of innovation and growth.

Macau International Airport (MFM) in August launched an open tender for a duty-free liquor and tobacco services sub-concession. Bids close on November 29, according to the tender document. "MML is incorporated for the purpose of bidding for duty-free liquor and tobacco shops at Macau International Airport," it said.

Gautam, the Chairman & Managing Director of Raymond, is parting ways with his wife Nawaz Modi Singhania. The estranged wife of billionaire industrialist has sought 75% of his reportedly $1.4 billion net worth for her two daughters, Niharika and Nisa, and herself, as part of a family settlement, following the couples separation.

The board praised Salujas contributions in making Religare a debt-free organization in a period of five years and boosting its market capitalization to about a billion dollars from $100 million in 2018. The Burman family had alleged that Saluja violated Sebi rules as she sold Religare shares after being informed of an open offer for the public shareholders of the company by their representative.

WeWork India, Smartworks, Awfis, Table Space and IndiQube - which contribute more than half of the domestic flexible workspace industry - are also looking to add 12 million sq ft in the next financial year even as SoftBank Group-backed startup WeWork filed for US bankruptcy protection earlier this month.

The median compensation for independent directors at at Indias top blue-chip companies has more than doubled to ₹72 lakh in FY23, from ₹35.5 lakh five years ago, an analysis of Nifty 50 companies by specialised executive compensation advisory firm, Exec-Rem Advisors shared with ET has revealed.

The Venture Capital and Private Equity programme by ISB Executive Education takes center stage, offering a 24-week curriculum crafted by ISB faculty. Modules like Valuation and Deal Flow, Investment Management, and more provide a foundational understanding for those entering the VCPE world. This section highlights the programmes relevance in a dynamic market and its emphasis on hands-on learning through capstone projects.

Pramod Mittal, lesser-known in the steel industry compared to his brother Lakshmi, is navigating financial turmoil. Nigeria agreed to pay nearly $500 million to settle his companys dispute, aiding his debt-laden venture. Despite Nigerias payments to Mittals company, creditors await settlements, highlighting the complex web of his financial troubles.

Lane Countys Equity Program announced Tuesday that it has expanded its online business directory to showcase diversity in local business ownership, county officials said.

Mahadev scam: Mumbai Police has lodged FIR against 32 individuals, including Daburs Director Gaurav Burman and Chairman Mohit Burman, linked to the Mahadev betting app on charges of fraud and gambling. The FIR, based on a complaint by social activist Prakash Bankar, lists the accused in relation to the alleged betting app, designating Mohit Burman as number 16 and Gaurav Burman as number 18 among the accused.