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Impavid Bulletin

companies

Siddharth Banerjee has been appointed as the new CEO of UNIVO, an online program management company, with responsibilities for leading the firm to its next level of growth. He brings in his strategic expertise from consumer and technology industries, garnered from senior positions in companies like Unilever, Vodafone, Facebook and Pearson, where he served as MD and SVP.

Hindustan Unilever Ltd's (HUL) fiscal year 2023 salaries saw an increase in the number of executives earning over Rs 1 crore, with 205 managers compared to last year's 163. However, just a third of these executives were under the age of 40, reversing a decade-old trend when under-40s made up half of the crore club. Intense competition for talent from start-ups and direct-to-consumer firms are driving up the need for incentives to retain talent. HUL is known as a CEO factory and is keen to continue differentiating its rewards and careers to maintain and retain its top-tier talent.

Prior to joining Pearson, he held key roles at an investment banking firm and Clutch Group. With his expertise in finance and revenue growth, Vinay will play a pivotal role in driving Pearson India's digital transformation and profitability.

I am really bad at reading books. I just completed my 45th and only book I have read few chapters of is : Psychology of Money. In fact, since class 12, I have only read two books : Steve Jobs Biography and Straight from the Gut.

Indian billionaire Mukesh Ambani's Reliance Industries Ltd (RIL) was ranked 45th on Forbes' Global 2000 list on Tuesday. In all, 55 Indian firms figured on the list. Three firms of the conglomerate helmed by Gautam Adani, whose group faced a scathing attack from a US short seller earlier this year that lead to him losing the world's third richest tag, figured in the list.

Tata Group's high-growth businesses, including Indian Hotels, Tata Power, Trent and Tata Consumer, offered pay hikes between 16% to 60% to their CEOs and top executives. The board of Tata Sons acknowledged the group's highest growth in its history - to $97 billion in sales revenue in 2022-23. The conglomerate has 30 companies across 10 business clusters and now mostly invests in Tata Digital and Air India.

The domestic market is also experiencing a downturn in deal activity following the turmoil in the global markets as a whole, especially in the global banking sector and the rising interest rates leading to high levels of volatility and uncertainty in the deal street, Shanthi Vijetha, a partner at Grant Thornton said.

The domestic market is also experiencing a downturn in deal activity following the turmoil in the global markets as a whole, especially in the global banking sector and the rising interest rates leading to high levels of volatility and uncertainty in the deal street, Shanthi Vijetha, a partner at Grant Thornton said.

Colliers, Canada-headquartered diversified professional services and investment management company, has appointed Ramaiy Kapoor as managing director of its data centre business in India. Kapoor comes with years of real estate experience and joins Colliers from CapitaLand, where he was heading the investment and commercials division for the company’s data centre business.