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Temasek to shed 8-9% in Manipal Hospitals to sovereign wealth funds

Singapore sovereign wealth fund Temasek is selling 8-9% of its stake in Manipal Hospitals to Abu Dhabi fund Mubadala and Brunei Investment Authority. Temasek will continue to hold a 51% stake in the hospital chain. The sale is part of Temaseks portfolio rebalancing strategy and could potentially help Manipal Hospitals in the future with large-scale expansion opportunities.
City Of United Kingdom West Bengal Uttar Pradesh Ranjan Pai Karnataka Manipal

Grey remains the new black for company boards

Despite the rise of Gen Z in the workplace, age and experience still dominate the boards of Indian companies. The average age of board members at NSE-listed companies is 58.67 years, indicating that while there are some younger directors, boards remain predominantly older. However, the number of younger directors has been steadily increasing, with 13.89% of directors being below the age of 45.
Uttar Pradesh Monica Agrawal Rajiv Bajaj Rishad Premji Pranav Haldea Amit Tandon

SignCatch executes first global export trade on ONDC Network

SignCatch, a Platform-as-a-Service provider, has successfully executed the worlds first export order on the Open Network for Digital Commerce (ONDC). SignCatch collaborated with Proxtera, a Singapore-based platform, to enable B2B sellers on Bech.app to receive export orders from Proxteras B2B buyer platform.
Bharat Msmes Sumit Duggal Kellogg Marketing Leadership Development Program Network For Digital Commerce Offering College Management Programme For Business Excellence

Economic TImes: Now, another way to stay on top of all things business. ET is on WhatsApp Channels

The Economic Times offers swift and comprehensive coverage of global and Indian business matters via WhatsApp Channels. ET will now offer you the convenience of staying informed about critical developments affecting your finances and business through WhatsApp. You can access and share significant updates more effortlessly and rapidly than ever before.
Uttar Pradesh Kellogg Marketing Leadership Development Program University Of Western Australia Northwestern University Offering College Management Programme For Business Excellence

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TCS retains top position as India's most valuable brand: Study

Tata Consultancy Services (TCS) has retained its top position as Indias most valuable brand for the second year in a row, with a brand value of $43 billion. HDFC, Infosys, and Airtel ranked second, third, and fourth respectively, while State Bank of India entered the top five.
Uttar Pradesh Soumya Mohanty Deepender Rana Indian School Of Business Strategic Management Programme Programme In Human Resource Management

Ambani's children will get no salary, only fee for attending board meetings

The terms of the appointment of the three are the same as the ones on which Ambanis wife Nita was appointed to the company board in 2014. She earned a sitting fee of Rs 6 lakh and a commission of Rs 2 crore in the 2022-23 fiscal year (April 2022 to March 2023), according to the companys latest annual report.
Saudi Arabia Hital Meswani Raghunatha Mashelkar Adil Zainulbhai Nita Ambani Dipakc Jain

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