Indian CEOs to see 10% salary rise in 2014

Gaps in succession planning leading to dearth of internal talent pool for top job   Mumbai: Indian chief executive officers and managing directors in India can expect a 10% salary hike in 2014, according to a report by global management consultancy, Hay Group. The annual Top Executive Compensation Report 2013-14 said that median salary for […]

Indian retail market set to touch $865 billion by 2023

Mumbai: Foreign direct investment (FDI) by multinational food processing companies has shot up to $2.14 billion in the country between April and October 2013, and continues to increase significantly.   The Indian retail market, currently estimated at $490 billion, is project to grow at a compounded annual growth rate of 6 per cent to reach […]

Shopping malls to grow in size, numbers in 2014: report

New Delhi: Net addition to mall space in Chennai, Delhi, Bangalore, Mumbai, Kolkata, Hyderabad and Pune is set to more than double to 11.6 million square feet in 2014. This will take up the mall stock across India’s metropolitan cities to 87.7 million sq feet by the end of the year, according to a new […]