He now trails behind only 2 people -- Tesla chief Elon Musk, who is the richest person in world with total wealth of $251 billion; and Amazon founder Jeff Bezos, who stands at 2nd place with wealth of $153 billion.
"This is to inform you that the 13th (Thirteenth) meeting of the Consolidated Committee of Creditors of Srei Infrastructure Finance Limited and Srei Equipment Finance Limited was duly convened and conducted on Monday, August 29, 2022, from 5:15 P.M. onwards. The meeting was conducted virtually.
ET had reported August 12 that the Tata Trusts - the largest stakeholders in Tata Sons - are consulting legal experts to examine the possibility of including a clause in the trust deeds to the effect that the same person cannot head them as well as holding company Tata Sons, while honouring the wills of the founders.
Since 2019, chief executives of 90 cos — about 40% out of 220 surveyed — have jumped ship, according to a study commissioned by ET. The banking and financial services sector (59%), followed by consumer retail (51%) and industrial (49%), have seen maximum such attrition, according to a study of listed and unlisted frontliners by global executive search firm EMA Partners.
A rundown of the five most important, popular and interesting stories on ET Prime this week.
"We are building 1,000 megawatt data centres. Today, the industry stands at 550 MW. Building 1,000 megawatt data centre in the next one decade is something which is our business plan," Sanjay Bhutani, Senior Vice President and Head of Data Centre Business, said.
It will become one of the first companies globally to conduct its annual general meeting (AGM) simultaneously on a virtual reality platform, while also live broadcasting it on five leading social media platforms, in addition to the official JioMeet broadcast.
The AGM VR (virtual reality) platform is powered by Team GMetriXR, and is designed for a user to virtually walkthrough the lounge, and explore business-wise highlights of the company’s integrated annual report 2021-22 in an interactive manner.
While the Competition Commission of India (CCI) has no issues with PEs owning minority stakes in rival companies, in terms of board representation it wants these funds to choose one company and give up directorship in the rival companies, they said.