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India's No.4 IT services firm Wipro paid $20.1 million in annual compensation to former CEO Thierry Delaporte who resigned in April, well before his five-year term was set to end in July 2025. ...
Proxy advisory firms suggest capping these royalty payments as a percentage of profits instead of revenue
'Business families like the Godrej group are increasingly realising that an amicable settlement is better.' 'Else, the wealth of all shareholders gets destroyed.'
Apart from performance and senior-level churn, the board was also concerned about high costs linked to acquisitions and expat hires.
New Delhi, Mar 27 (PTI) Pallavi Shroff, the Managing Partner of leading law firm Shardul Amarchand Mangaldas & Co, has refused a second term as an independent director of Asian Paints, amidst...