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New Delhi, March 30 (SocialNews.XYZ) Median compensation for professional chief executives in India rose 5 per cent year‑on‑year to about Rs 10.5 crore in FY26, marking the slowest pace of growth since the COVID‑19 pandemic period, a new report has said. The report from Deloitte India's said the muted rise was due to subdued equity‑market performance, which reduced the value of stock‑linked compensation -- a significant component of executive pay. The business advisory firm found that nearly o ...Read More >
MUMBAI: HUL on Thursday named Priya Nair, who heads parent Unilever's beauty & wellbeing business, as MD & CEO. Nair, who joined HUL 30 years ago, will be the first woman to lead the consumer goods giant. The London-based Nair, 53, will take over the corner office in Mumbai on Aug 1, succeeding Rohit Jawa who will step down as MD & CEO on July 31. Jawa, who led HUL for a little over two years, was appointed for a five-year term ending June 26, 2028. His predecessor Sanjiv Mehta had held the CEO' ...Read More >
MUMBAI: In a setback to Subhash Chandra and his family, shareholders of Zee Entertainment Enterprises rejected a Rs 2,237-crore capital infusion proposal, thwarting the founding clan's attempt to increase ownership to 18% from 4% in the broadcaster. The development restricts the family from wielding greater influence over the company where public shareholders have repeatedly defeated key management resolutions. The special resolution failed to secure the required 75% shareholder approval, with t ...Read More >
William B. Roberts, a director at Consumer Portfolio Services, Inc. (NASDAQ:CPSS), recently sold a substantial amount of company stock. According to a Form 4 filing with the Securities and Exchange Commission, Roberts offloaded a total of 30,000 shares over several days, with transactions occurring on November 14, 15, and 18. The shares were sold at prices ranging from $10.37 to $10.49, generating proceeds of approximately $313,000. Following these sales, Roberts retains ownership of 770,078 sh ...Read More >
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