Apple's Tim Cook grabs top spot in list of most-liked tech CEOs

Apple's Tim Cook grabs top spot in list of most-liked tech CEOs

Tim Cook, the chief executive officer of Cupertino, California-based gadgets maker Apple, has grabbed the top spot in the list of most-liked tech CEOs, a fresh survey revealed.

In the survey, by the career website Glassdoor. com, Tim Cook nabbed the top spot with an overwhelming 97 per cent approval rating among employees.

The career website asked tech firms’ employees if they approve the way their chief executive officer is leading the company.

Speaking about the need of the survey, a Glassdoor spokesperson said, “What makes this list important is it's based on feedback from the CEOs' own employees. Wouldn't you want to work for an executive that employees strongly support given how he or she is leading the company?"

Mr. Cook was also nabbed the top rank among all chief executives officers across industries, despite the fact that he has been on the top job at Apple for less than a year.

He even beat out Apple’s co-founder and former chief, Steve Jobs, who had received an approval rating of 95 per cent in the Glassdoor’s last year’s survey.

The second spot was grabbed by Qualcomm's chief Paul Jacobs, who gained 95 per cent approval rating, while the third spot went to Google's chief Larry Page, who gained 94 per cent approval rating.

Intel's Paul Otellini and VMware's Paul Maritz emerged at fourth and fifth spots, with 93 per cent and 90 per cent approval ratings respectively.


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Overseas firms look past weakness in Indian economy

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Global firms are making huge investments in India's consumer market, despite the overall weakness in the Asia's third-largest economy.

In the recent past, consumer goods giant Unilever announced its decision to invest $5.4 billion to increase its stake in its Indian arm Hindustan Unilever Ltd.

Available figures suggest that foreign companies collectively spent around $9.86 in mergers and acquisitions in India this year. The figure is the highest in Asia.

Chennai-born Mittu Chandilya to pilot AirAsia’s India operations

Chennai-born Mittu Chandilya to pilot AirAsia’s India operations

AirAsia's CEO Tony Fernandes on Wednesday revealed the identity of the person who will pilot the Malaysian airline's India operations.

Fernandes, the promoter of AirAsia, had announced in March that the airline had selected a very smart boy from Madras, with an amazing CV, as the CEO for AirAsia India.

Revealing the identity of the AirAsia India CEO, he yesterday said the CEO is 32-year-old, Chennai-born Mittu Chandilya, who is currently based in Singapore.