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ExxonMobil appoints new vice chairperson for Mobil Producing Nigeria

ExxonMobil has appointed Adesua Dozie as the new vice chairperson for its Nigerian affiliates Mobil Producing Nigeria Unlimited (MPN) and Esso Exploration and Production Nigeria Limited (EEPNL). The appointment takes effect from 12 June, ExxonMobil said in a statement announcing the appointment on Twitter. Mrs Dozie was, until her appointment, an executive director and general manager of MPN and EEPNL. She holds a law degree from the University of Buckingham, United Kingdom and a Master of Law from Cornell Law…

Nasscom: ETtech Opinion | Navigating growth in a no normal world: Nasscom chairperson Krishnan Ramanujam

It would be an understatement to say that the last three years have been about change.From an era of relative predictability to a more uncertain, more volatile environment, emerging tech shifts, geopolitics, and war, clearly, we are in an era of a no normal world.Does a no normal mean a prolonged global downturn? I would say not.It means an environment of more rapid shifts and differentiated growth based on the ability of companies to invest in the right opportunities.Technology spending has also witnessed massive shifts…

nasscom: A correction good for IT companies, staff: Nasscom chairperson

The IT industry is undergoing several corrections and chances of layoffs or salary revisions cannot be ruled out after the excess hiring and unprecedented salary hikes of the last two years, said Krishnan Ramanujam, chairperson of industry association Nasscom.Ramanujam said it is as bad a judgment call for an employee to take steep salary hikes for no discernible reason as it is for an employer to offer the same.He was speaking to ET on the sidelines of the Nasscom Technology and Leadership Forum 2023. “I wouldn't rule it…

Toyota Kirloskar Motor Vice Chairperson Vikram Kirloskar Passes Away

Toyota Kirloskar Motor Vice Chairperson Vikram S Kirloskar has died due to a heart attack, the automaker said on Wednesday. He was 64. The company said that Kirloskar suffered a cardiac arrest on Tuesday morning and was immediately rushed to a private hospital, where he passed away.“We are extremely saddened to inform the untimely demise of Mr. Vikram S. Kirloskar, Vice Chairman, Toyota Kirloskar Motor on 29th November 2022. At this time of grief, we request everyone to pray that his soul rests in peace,” the company…

CCI Has Been Pragmatic in Levying, Quantifying Penalties, Chairperson Ashok Kumar Gupta Says

Competition Commission Chairperson Ashok Kumar Gupta on Tuesday said the regulator has been pragmatic in levying and quantifying penalties as the enforcement actions are not divorced from business and economic realities.Gupta, who will be demitting office on Tuesday after being at the helm of the watchdog for nearly four years, also said that the feasibility of an ex-ante framework should be considered for effectively regulating digital markets.The Competition Commission of India (CCI) has been taking steps to ensure fair…

Infosys Working on Glitches on E-Filing Portal, No Breach of Data So Far, Confirms CBDT Chairperson

The Central Board of Direct Taxes Chairperson Sangeeta Singh on Tuesday said that an issue relating to the search functionality and non-accessibility of the e-filing website has come to its notice. "The Income Tax Department is seized of the matter. Infosys has been directed to look into it and Infosys has confirmed that they are resolving the issue on priority," assured CBDT Chairperson Sangeeta Singh while adding that there no breach of data happened."Her remarks came on the sidelines of the release of an e-book titled…