Only 17 per cent of boards play an active role in shaping company strategy, said a survey by the Indian School of Business (ISB). According to the survey, 83 per cent of the boards remain passive, playing no active role in the company's management.
Back in India, Nirmalya Kumar says he has achieved the academic goals he had set and it is now time to learn new things.
To say that Nirmalya Kumar has enjoyed a groundbreaking career is to say the very least.
Kumar will hold responsibility for strategy at the group level.
'He was the most thoughtful corporate person I encountered.'
Days after the disbanding of Group Executive Council set up by Tata Sons ousted chairman Cyrus Mistry, N S Rajan and Nirmalya Kumar have resigned from their respective board positions at Indian Hotels Company and Tata Chemicals.
Multinational companies are ramping up in new markets on a scale that is incredible and presents opportunities for Westerners looking for jobs in India and China.
Nirmalya Kumar, Professor at the London Business School, has been honoured with a fellowship by a leading academic institution here for his contribution to Indian art.
Nirmalya Kumar discusses innovation happening in India, marketing tools and stalled reforms in an interview with Faisal Kidwai.
Indian companies may be embarking on ever more audacious international megadeals, inspired by aggressive empire-building ambitions rather than by the solid commercial logic and a careful appraisal of investment returns that have characterised past Indian acquisitions abroad.
Marketing gurus believe 'Hutch' should give way to 'Vodafone', quickly. Here's why.
Professor of marketing at London Business School, Nirmalya Kumar knows marketing like the back of his hand and, therefore, made a scintillating presentation 'Winning at Retail' at Mumbai's the Taj Mahal Palace and Tower Hotel on Wednesday.
Former Tata group strategist and member of the now disbanded Group Executive Council, Nirmalya Kumar has said he was fired from his position for "working intensely and extensively" with ousted Tata Sons Chairman Cyrus Mistry.
London Business School will host a one-day global forum for senior business leaders here on November 20.
Tata Sons on Friday announced organisational changes, bringing in S Padmanabhan as the group human resources head.
The plan was to sell off non-profitable businesses apart from focusing on four verticals: real estate, defence, financial services and retail
What makes Indian abstract art more valuable is its relative rarity. V S Gaitonde, S H Raza and J Swaminathan are the only major names in modern Indian art known for their abstracts.
Tata, 78, who retired as Tata Group Chairman nearly four years back, justified his return for "maintaining stability and continuity of leadership" and promised to give the group "a world-class leader" when a fulltime boss is appointed.
What could be the reason for this swift change in less than four years of Mistry taking charge? People in the know said it was building up. The latest trigger was Tata Power's acquisition of Welspun Renewables' solar and power assets
While study was done before the current boardroom battle began, the findings indicate Tata is no longer viewed as aspirational brand by working professionals.
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