Business news

Unified approach: TCS to contribute its CSR fund to Tata Trusts

The country's biggest software exporter is the first Tata company to considering such a move, which in line with the former Chairman Ratan Tata's vision to unify the parent company's philanthropic programmes into one.

29 days ago

Vishal Sikka likely to join Hewlett Packard Enterprise as CTO

HP had not filled the position since Martin Fink stepped down last year.

29 days ago

Nandan Nilekani walks in as Infosys non-executive chairman: What happens now?

"I plan to be here as long as necessary and I will not be here as soon as I'm not necessary," Nandan Nilekani

Aug 25, 2017

Co-founder Nandan Nilekani back at Infosys as non-executive chairman

Shares of Infosys surged for a third straight day on Thursday, following reports that Nilekani could step in to the company's board in a bid to calm the ongoing controversies the company is going through at present.

Aug 25, 2017

Tata Steel, Posco likely to bid for Essar Steel

Betting on government spending on infra projects, specifically affordable homes, Tata Steel is keen to grow the business through strategic acquisitions.

Aug 24, 2017

Tata Power to sell non-core assets to pare debt: N Chandrasekaran

The company's Mundra power plant in Gujarat has become unviable after coal exporter Indonesia has sharply increased coal prices since 2010.

Aug 24, 2017

IPL broadcast rights: Dish TV writes letter to BCCI, MIB against Star India

Read the full contents of the letter sent by Dish TV chief Jawahar Goel ahead of the submissions of the Invitation To Tender (ITT), scheduled for September 1.

Aug 24, 2017

Sebi to initiate re-investigation into Infosys' $200 million Panaya acquisition: Report

Sebi's change in stance may be due to recommendations received from the Narendra Modi government.

Aug 24, 2017

Infosys board members offer to quit amid Nilekani's return; more resignations in the pipeline?

While co-founder Nandan Nilekani is set to return to Infosys as its non-executive chairman, the board members of the IT giant have offered to quit. Vishal Sikka's tenure too has come under question.

Aug 24, 2017

Burger King exceeds 100 outlets in India: Can it occupy McDonald's void?

Burger King's expansion could suggest that the American brand is looking to fill the gap created by McDonald's, which is shutting 169 outlets in north and east India. Read to know more.

Aug 24, 2017

Walmart to offer voice shopping through Google

Google will offer a large variety of Walmart products on its voice-controlled Google Assistant platform from late September and will offer wider selection of items than any other retailer

Aug 23, 2017

Is Nandan Nilekani's comeback to Infosys imminent?

Nilekani's return to Infosys gave a positive indication to market, as shares of the company registered a spike of 2.4 percent on Wednesday afternoon.

Aug 23, 2017

After SBI merger, Modi govt now gives in-principle nod to consolidate public sector banks

With this approval, the Narendra Modi government plans to consolidate 21 public sector banks (PSBs). The details of the mergers are yet to be announced.

Aug 23, 2017

India grants Pfizer patent on pneumonia vaccine in blow to aid group

The decision by India's patent office bars other companies from making cheaper copies of the vaccine and allows Pfizer to exclusively sell it in India until 2026.

Aug 23, 2017

After Vishal Sikka's exit, here's what interim CEO UB Pravin Rao told Infosys staff [FULL TEXT]

Interim CEO UB Pravin Rao sent an email to the employees of Bengaluru-based Infosys and said that while Vishal Sikka had moved on, the show at the firm must go on.

Aug 23, 2017