Related News

Festive retail sales get hit, buyers await GST, price cut

NEW DELHI: The news of a reduction in goods and services tax (GST), while cheering consumers and companies, has also led to a peculiar problem for retailers – both offline

Distributors to gain from onboarding more women

Mumbai: Markets regulator Sebi is planning to incentivise fund distributors who bring in first-time women investors into the mutual fund (MF) fold, Tuhin Kanta Pandey, Sebi chief, said on Friday.

Shook India’s business with hostile bids in early ’80s

Mumbai/Kolkata: British-Indian industrialist Swraj Paul passed away on Thursday evening in a London hospital at the age of 94. The founder of Caparo Group had been unwell, leading to his

Sebi proposes alterations to block deal framework

Mumbai: Markets regulator Sebi on Friday proposed to hike the minimum amount for a large chunk of shares to qualify as a block deal, from Rs 10 crore now to

Google shares rise on report of Apple using Gemini for Siri

Google CEO Sundar Pichai gestures to the crowd during Google’s annual I/O developers conference in Mountain View, California on May 20, 2025. Camille Cohen | Afp | Getty Images Alphabet

Cybersecurity firm Netskope files to go public on the Nasdaq

Sanjay Beri, chief executive officer and founder of Netskope Inc., listens during a Bloomberg West television interview in San Francisco, California. David Paul Morris | Bloomberg | Getty Images Cloud

Trending News

Making Money Online Without Investment: A Beginner’s Guide to Earning from Home

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

Make Money Online as an Affiliate & Sell Digital Products: 7 Proven Ways to Succeed

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

IPO update: JSW Cement trims IPO size to Rs 3,600 crore; public issue to open on August 7

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

Agri outlook: ICRA pegs Q1 FY26 farm GVA growth at 4.5%, mixed sowing and rainfall dip weigh on momentum

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

FPI flows reverse: Foreign investors pull Rs 17,741 crore from equities in July; US tariffs trigger sharp selloff in last week of month

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

ARCIL IPO: Avenue Capital-backed ARCIL files IPO draft papers with Sebi; GIC to exit, SBI to pare stake

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

IBM’s Krishna sees pay surge 23% to $25mn

Word Count: 442 | Estimated Reading Time: 3 minutes


IBM's Krishna sees pay surge 23% to $25mn

BENGALURU: IBM chairman and CEO Arvind Krishna’s compensation rose 23% to $25 million in 2024 compared to $20.3 million he earned in the year-ago period, showed IBM’s 2025 proxy statement. His compensation saw a huge surge in stock awards which rose to $14.8 million from $11.4 million during the same period. Krishna’s base salary remained the same $1.5 million for two consecutive years. For 2024 performance, IBM’s board approved an annual incentive payment of $3,850,000, which represented 110% of Krishna’s target opportunity.
The base salary for the median employee was $43,069, the proxy filing showed. In 2024, IBM’s revenue grew 3% in constant currency led by innovation in hybrid cloud and AI. IBM delivered $62.8 billion in revenue, $13.4 billion in cash from operations, and generated $12.7 billion of free cash flow.





Source link

Most Popular Articles