Coming to the defence of Raghuram Rajan, his Chicago University colleague and co-author Luigi Zingales has said the Reserve Bank of India Governor is being attacked for "fighting the inefficiency of the banking system" and for taking on the crony capitalists in the country.
The rest of the top 10 included more well-known names, such as Zuckerberg (No. 4), Salesforce CEO Marc Benioff (No. 6), who has been an outspoken advocate for gay rights, and Apple CEO Tim Cook (No. 8). Google's new CEO, Sundhar Pichai, came in at No. 7.
Williams earned $28.9 million over the past 12 months, the financial magazine reported in an article posted on its website. Russian tennis star Sharapova had held the title for the past 11 years.
With numerous political and corporate opinions swarming over Reserve Bank of India Governor Raghuram Rajan's tenure, internet is also abuzz with at least seven online petitions doing the rounds in support of a second term for him and have together garnered nearly 60,000 signatures so far.
Two Indian-American brothers have been sentenced to over seven years in prison for committing fraud in the H-1B visa programme, popular among IT and software professionals, to create a low-cost workforce in the US.
Backing a second term for Reserve Bank of India Governor Raghuram Rajan, leading Indian-American economist at Princeton University Avinash Dixit said the central banker should have "full operational independence" when it comes to pursuing targets on employment, growth and inflation.
Airtel Payments Bank on Wednesday announced the appointment of Shashi Arora as CEO and managing director.
The Securities and Exchange Board of India has approved the appointment of Ashok Chawla, the former head of the Competition Commission of India, as the new chairman of the National Stock Exchange (NSE), a spokesman at the bourse said on Friday.
Reserve Bank of India Governor Raghuram Rajan on Saturday said high quality education is expensive, it will remain expensive for a while and there is a need to find a solution for this problem.
Calling money a "great equaliser", Reserve Bank of India Governor Raghuram Rajan on Saturday called for raising society's tolerance towards wealth rather than prohibiting its use.
The number of NRIs who held millionaire status last year was 2.36 lakh, with an average wealth of over $3.83 million, says a report from wealth consultancy firm WealthInsight.
Top fund house HDFC Mutual Fund's chief Milind Barve has got a total annual remuneration of Rs 26.21 crore for fiscal year 2015-16.
Future Group chairman Kishore Biyani has resigned from the post of managing director of Future Retail Ltd.
Yahoo CEO Marissa Mayer will walk away with a $55 million severance package if the company's auction of its internet operations culminates in a sale that ousts her from her job.
The report pertained to compensation received by employees between March 30, 2015, and March 29, 2016.
As many as three Indian origin persons have been named among 100 highest-paid CEOs globally with PepsiCo's Indra Nooyi and LyondellBasell's Bhavesh Patel making it to the top ten list compiled by Equilar.
Barring a handful of top business schools like the IIMs, most B-schools in the country are producing sub-par graduates who are largely unemployable and therefore earning less than Rs 10,000 a month, if at all they find a job, a report has pointed out.