Friday, August 9, 2024

Some IT midcap CEOs earn more than counterparts at larger companies

Coforge, which filed its annual report last week, said its CEO’s remuneration increased 209.63% in FY24 compared to FY23, largely because of stock options that were worth over Rs 88.55 crore. Salil Parekh, chief executive of Infosys, earned Rs 66 crore ($7.8 million), placing him at the fifth place in the pecking order.

from Tech-Economic Times https://ift.tt/nfJ8cPR

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...