Companies

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Godrej Consumer Products declares 1:1 bonus, Rs 12 as fourth interim dividend; Q4 net profit surges

Adi Godrej-led Godrej Consumer Products announces upbeat Q4 results, 1:1 bonus shares and Rs 12 as fourth interim dividend; his daughter Nisaba is the new chief.

May 9, 2017

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Nisaba Godrej succeeds father Adi Godrej as head of Godrej Consumer Products

At 39, Nisaba Godrej will be the youngest women to head a large organisation like Godrej Consumer Products; Adi Godrej will be chairman emeritus.

May 9, 2017

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ChrysCapital-backed Eris Lifesciences, India Energy Exchange set to come out with IPO

Eris Lifesciences recently got Sebi approval for its IPO; India Energy Exchange is also planning one; S Chand, Avenue Supermarts and BSE are the three prominent firms that got listed this year.

May 9, 2017

French IT company Capgemini reacts to reports of large-scale layoffs

In response to media reports that it is laying off about 9,000 employees, Capgemini issues a formal statement on Tuesday evening.

May 9, 2017

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S Chand lists at 5% premium to issue price but falls later

Education book publisher S Chand and Company (SCCL) lists at Rs 707 a gain of 5.5 percent to its issue price of Rs 670 per share.

May 9, 2017

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ACC, Ambuja Cements gain on merger buzz

In June 2016, Ambuja Cements had bought Holcim India's 24 percent stake in ACC; LafargeHolcim owns 63.6 percent in Ambuja Cements; now the two companies are mulling merger.

May 8, 2017

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State Bank of India cuts interest rates on home loans to 'lowest' in industry

For loans up to Rs 30 lakh, the revised interest will be 8.35 percent, down from 8.60 percent; bank also cuts interest rates on term deposits (FDs).

May 8, 2017

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HUDCO IPO: Public issue gets good response on Day 1; here's what brokerages have to say

The Rs 1,200-crore IPO of state-owned HUDCO opens today (May 8) and closes on Thursday (May 11).

May 8, 2017

Cognizant going the Infosys way? CTS may lay-off 6,000 Indian employees to hire in the US

Cognizant hiring employees in the US might be a way to appease the Trump administration, which has been vocal about its displeasure over US firms outsourcing jobs to other countries.

May 8, 2017

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ICICI Bank leads Sensex rally, hits new 52-week high; Tata Motors gains after company's upbeat export forecast

ICICI Bank has rallied 12 percent since declaration of Q4 results; Tata Motors expects CV exports to rise 15 percent this year.

May 8, 2017

Wipro threatened with 'biological' attack if it fails to pay Rs 500 crore ransom

The email threatens biological attacks on Wipro campuses if the IT services company fails to pay Rs 500 crore in bitcoins.

May 6, 2017

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Tesla shares recover to close with 4.36% gain on Nasdaq; company upbeat about Model 3 launch

Elon Musk-led Tesla reported record revenue of $2.7 billion and upbeat volume sales for the March quarter (Q1); Model 3 launch in July.

May 6, 2017

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If immigrants can study in US, why can't they work, asks Oracle CEO Mark Hurd

Mark Hurd was speaking to journalists at the company's headquarters.

May 5, 2017

L&T Infotech is now LTI

The company unveiled its new identity and logo on Thursday.

May 5, 2017

Chinas C919 passenger jet takes off for maiden flight

The first Chinese-built passenger jet has taken off from Shanghai for its maiden flight. The C919 aircraft aims to compete with the Airbus A320 and Boeing 737 for the $2tn-worth global jet market. Some 570 of the planes have already been ordered, according to state-owned manufacturer Comac – and mostly by Chinese carriers.

May 5, 2017

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Companies

Godrej Consumer Products declares 1:1 bonus, Rs 12 as fourth interim dividend; Q4 net profit surges

Nisaba Godrej succeeds father Adi Godrej as head of Godrej Consumer Products

ChrysCapital-backed Eris Lifesciences, India Energy Exchange set to come out with IPO

French IT company Capgemini reacts to reports of large-scale layoffs

S Chand lists at 5% premium to issue price but falls later

ACC, Ambuja Cements gain on merger buzz

State Bank of India cuts interest rates on home loans to 'lowest' in industry

HUDCO IPO: Public issue gets good response on Day 1; here's what brokerages have to say

Cognizant going the Infosys way? CTS may lay-off 6,000 Indian employees to hire in the US

ICICI Bank leads Sensex rally, hits new 52-week high; Tata Motors gains after company's upbeat export forecast

Wipro threatened with 'biological' attack if it fails to pay Rs 500 crore ransom

Tesla shares recover to close with 4.36% gain on Nasdaq; company upbeat about Model 3 launch

If immigrants can study in US, why can't they work, asks Oracle CEO Mark Hurd

L&T Infotech is now LTI

Chinas C919 passenger jet takes off for maiden flight

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]