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Sundar Pichai turned down a big stock award after lavish payouts

Sundar Pichai turned down a big stock award after lavish payouts

San Francisco/New York: Sundar Pichai was, for years, one of the world’s highest-paid corporate executives. Now he’s facing the opposite reality: No big paychecks at all.

The Google chief executive officer hasn’t received an equity award in more than two years. A key reason is that Pichai turned down a big new grant of restricted stock in 2018 because he felt he was already paid generously, according to a person familiar with the decision.

Air India seeks govt nod for ₹2,400 crore loan from NSSF

Air India seeks govt nod for ₹2,400 crore loan from NSSF

New India: Disinvestment-bound Air India has sought the government's approval to borrow ₹2,400 crore from National Small Savings Fund (NSSF), a pool of small savings from households, to meet its working capital requirements.

Hyundai's first electric SUV in India 'Kona' to be launched in July

Hyundai's first electric SUV in India 'Kona' to be launched in July

South Korean auto major Hyundai will drive in its first electric vehicle 'Kona' SUV into India in July, followed by a brand new 'Grand i10' before the festive season as it looks to increase its share in the auto market here, a top company official said Wednesday.

Besides, the automaker, which is present in India through its wholly-owned subsidiary Hyundai Motor India Ltd (HMIL),

Maruti Suzuki to invest Rs 24 crore to set up 5 MW solar plant at Gurugram

Maruti Suzuki to invest Rs 24 crore to set up 5 MW solar plant at Gurugram

Maruti Suzuki India Wednesday said it will invest Rs 24 crore to set up a 5 MW solar power plant at its Gurugram facility.

The company recently laid the foundation stone for the captive solar power plant which is expected to be commissioned in the current financial year, Maruti Suzuki India said in a statement.

Sensex, Nifty turn choppy amid weak global cues

Sensex, Nifty turn choppy amid weak global cues

Domestic equity benchmarks opened on a negative note on Wednesday amid weak global cues and fresh foreign fund outflow.

After falling over 100 points in opening session, the 30-share index was trading 40.01 points, or 0.10 per cent, lower at 39,709.72. Similarly, the broader NSE Nifty slipped 8.85 points, or 0.07 per cent, to 11,919.90.

Probe into ITC, Leela Hotels: NCLT asks Sebi to conclude investigations

Probe into ITC, Leela Hotels: NCLT asks Sebi to conclude investigations

The National Company Law Tribunal on Tuesday directed the Securities and Exchange Board of India to wrap up its investigations into the proposed sale of Hotel Leelaventure’s various undertakings to Brookfield by July 8, during a hearing on bankruptcy case against Hotel Leelaventure initiated by JM Financial Asset Reconstruction At Tuesday’s hearing,

PNB Q4 loss at ₹4,750 crore; NPAs decline

PNB Q4 loss at ₹4,750 crore; NPAs decline

Punjab National Bank (PNB) on Tuesday reported a narrowing of its loss by nearly 65% to ₹4,750 crore during the fourth quarter of the fiscal ended March 2019 even after making adequate provisions towards the Nirav Modi fraud and non-performing assets (NPAs).

SBI to sell Rs 230-crore NPAs with up to 79% haircut

SBI to sell Rs 230-crore NPAs with up to 79% haircut

State Bank of India (SBI) on Tuesday put on sale four non-performing assets (NPAs) worth Rs 230 crore on a 100% cash basis, with reserve prices implying haircuts of up to 79% for the accounts.

The four assets are Lovely International and Lovely Enterprises (Rs 95 crore), Abhijeet Ferrotech (Rs 89 crore), Trichy Tanjavur Expressway (Rs 24 crore) and Madurai Tuticorin Expressway (Rs 22 crore). The reserve prices for the four accounts suggest that the haircuts SBI is prepared to take stand at 79%, 63%, 48% and 43% respectively.

2019 TVS Apache RR310 Track Ride Review: A better deal that’s smoother and safer

2019 TVS Apache RR310 Track Ride Review: A better deal that’s smoother and safer

The Indian motorcycle market is taking a turn for the better with several offerings in various segments. You name it and they’ll have it - 150, 250, 300, 400, 600 and so on. A growing number of Indian motorcyclists want more than just a big mileage figure and are happy to accept dopamine-releasing performance and it’s alright if it drinks more fuel.

India ranked as world's 43rd most competitive economy; moves one place up

India ranked as world's 43rd most competitive economy; moves one place up

India has moved up one place to rank as the world's 43rd most competitive economy on the back of its robust economic growth, a large labour force and its huge market size, while Singapore has toppled the US to grab the top position, a global study showed Tuesday.

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