Wednesday, November 6

Tag: Deepak Parekh

Top 5 Stories Of The Week (2nd July – 7th July)
7Jul By Gauri SinghNo Comments
Story

Top 5 Stories Of The Week (2nd July – 7th July)

This week was quite eventful in terms of business and startup activities. Many companies came up with a number of business strategies and plans. The most trending topic that buzzed the readers this week was about the Reliance Industries, that became India’s largest tax-paying private company. Apart from this, there were many other news as well that were trending around the social media and news portals. So, here we have the summary of the top 5 stories of the week that were trending and buzzed the readers:         1) Reliance Becomes India’s Largest Tax-Paying Private Company   Mukesh Ambani, the Chairman of Reliance Industries said that Reliance has become first Indian private sector company paying 9,844 crore tax and 26,312 crore of cus...
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HDFC’s Deepak Parekh Speaks Publicly About Succession Planning
5Jul By Gauri SinghNo Comments
BUSINESS

HDFC’s Deepak Parekh Speaks Publicly About Succession Planning

Deepak Parekh, the Chairman of Housing Development Finance Corporation Ltd. (HDFC) stated in his annual letter to the shareholders that now, he will give utmost importance to succession planning and that will be his priority. The main purpose is to ensure a smooth transition within the HDFC group. While this session, Parekh claimed that the succession plan would take around 18-24 months for preparation. He also stated that the boards of the respective companies will consider both internal and external sources of recruitment for filling the positions.     “Personally, the task of ensuring frictionless transition is and will be on the top of my mind. That said, it is not as if there will be an announcement right away,” Parekh said. “As passionate and energetic as so...
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