Vuélvete ilimitado con Magzter GOLD
Obtenga acceso ilimitado a más de 9000 revistas, periódicos e historias Premium por solo
Intentar ORO - Gratis
Rajesh Gopinathan quits as TCS CEO
Business Standard
|March 17, 2023
K Krithivasan appointed CEO-designate by board
In an unexpected move, Tata Consultancy Services (TCS) Managing Director (MD) and Chief Executive Officer (CEO) Rajesh Gopinathan on Thursday decided to step down to pursue other interests.
He has been with the company for over 22 years. The board of directors considered his request to be relieved of his positions, and accepted it.
It has nominated K Krithivasan CEO-designate with effect from March 16, 2023.
Gopinathan will continue with the company till September 15, 2023, to provide transition and support to his successor. In his six years as CEO, TCS added over $10 billion in incremental revenues and over a $70 billion increase in market capitalisation.
For a company in existence for 55 years, TCS has had only four CEOs and Krithivasan will be the fifth. The company has had one of the most stable management teams in the industry.
Analysts Business Standard spoke to were shocked but said as regards the operations of the company, they were not concerned.
Esta historia es de la edición March 17, 2023 de Business Standard.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Business Standard
Business Standard
India may see 7% fall in June domestic flights as costs rise
The rise in fuel prices and the sharp depreciation of the rupee due to the ongoing West Asia conflict — which began on February 28 when Israel and the US conducted military strikes on Iran — have impacted not just international flights but also the domestic services of Indian carriers.
2 mins
May 26, 2026
Business Standard
‘Power consumers in India can save ₹2.5 trn by doubling AC efficiency’
As India’s power grid strains under another intense summer, a new study has found the country can avoid power shortages and save consumers up to ₹2.5 trillion ($25 billion) by doubling the energy efficiency of room air conditioners (ACs) over the next decade.
1 mins
May 26, 2026
Business Standard
Borrowing against MFs may be better than selling them
With younger customers increasingly preferring mutual funds over bank deposits, several private banks are entering the loan against mutual funds (LAMF) business.
3 mins
May 26, 2026
Business Standard
Sebi plans dedicated push for commodity derivatives dept
Move shows renewed focus on commodity markets
2 mins
May 26, 2026
Business Standard
Huawei touts advanced chip breakthrough
Huawei Technologies Co. said it has come up with a new pathway to shorten its gap with industry leader Taiwan Semiconductor Manufacturing Co. (TSMC), potentially achieving a breakthrough in making advanced semiconductors without cutting-edge equipment.
1 mins
May 26, 2026
Business Standard
Govt doubles export tech upgrade grant to ₹1 crore
A notification detailing amendments to the Rajasthan Export Promotion Policy 2024 has been issued in line with Chief Minister Bhajan Lal Sharma’s announcement, said Nilabh Saxena, commissioner of the industries and commerce department.
1 min
May 26, 2026
Business Standard
RBI panel to study issues over quantum tech
Adequacy of regulatory systems for safe use of tech to be studied
1 min
May 26, 2026
Business Standard
Neet (UG) cancellation: SC raps NTA, says it hasn't learnt its lesson
The Supreme Court on Monday voiced concern over the cancellation of Neet (UG) 2026 following allegations of a paper leak, observing that the National Testing Agency (NTA) appeared not to have “learnt its lesson” from the controversy surrounding the 2024 examination.
1 mins
May 26, 2026
Business Standard
Ferrari’s Luce leads bold leap into uncertain electric era
As its sports car rivals tap the brakes on a shift to electric vehicles (EVs), Ferrari will take a leap into an uncertain era with the launch of its first fully-electric car, betting it can connect with drivers even without a throaty engine roar.
2 mins
May 26, 2026
Business Standard
Fuel prices hiked for fourth time in two weeks
Oil marketing companies (OMCs) on Monday raised petrol and diesel prices by ₹2.61 a litre and ₹2.71 per litre, respectively, announcing such a measure for the fourth time in less than two weeks to pare losses from soaring crude prices.
2 mins
May 26, 2026
Translate
Change font size