Uber’s Choice for CEO Brings Skills, Experience

For a surprise choice, Expedia CEO Dara Khosrowshahi appears to check the boxes needed to tackle the massive job of leading Uber from a rapidly growing but dysfunctional money-loser to a company that can turn a consistent profit. Like Uber, Expedia is a global juggernaut that uses an internet platform to process millions of transactions every year. Expedia went through ... Read More »

Joined Infosys at 26, rejoined at 62. Life does turn full circle: Nilekani

As his tweet suggested, it was an emotional moment for Nandan Nilekani to be back in the company he co-founded in 1981. Nandan Nilekani, who was appointed non-executive chairman of Infosys on Thursday, described his return to the company he co-founded as public service. He did not elaborate on it, but the evident suggestion was that the company had become an important national institution, ... Read More »

ITC hikes cigarette prices of three brands

ITC has hiked cigarette prices of its three brands effect from July 18, following GST Council hiked cess to pre-GST level. The company has increased Gold Flake Kings and Classic Rich prices to Rs 300 per 20 pack each, while Navy Cut Filter price increased to Rs 188 per 20 pack. ITC has business a interests in cigarettes, hotels, paperboards ... Read More »