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larsen & toubro infotech ipo news public issue offer price premium L&T listing discount bse stock exchanges thursday ipo

L&T Infotech IPO: Shares list at a discount, disappoint investors

Larsen & Toubro Infotech (L&T Infotech) shares made a weak debut at the stock exchanges, listing at a 6 percent discount. Jul 21, 2016
jet airways q4 annual results indian aviation dgca jet net profit sales atf

Jet Airways launches new scheme to woo passengers; offers flexible fares

The new scheme called "Fare Choices" will be launched on Aug. 17. Jul 21, 2016
State Bank of India

SBI-Brookfield create Fund to tackle India's bad loan problem

The Brookfield-SBI fund may entice other banks to join the corpus or create new funds to invest in the India's stressed assets. Jul 20, 2016
wipro q3, wipro q3 results, wipro share price, wipro interim dividend, wipro t k kurien retires, wipro it revenues, wipro q4 guidance

Wipro wins contract from Greater Toronto Airports Authority

In a regulatory filing on Wednesday, Wipro said that it has signed a seven-year agreement with Greater Toronto Airports Authority. Jul 20, 2016
Tata Consultancy Services (TCS)

TCS beats Infosys, Wipro in attrition rates in June 2016 quarter

TCS beats Infosys, Wipro as the company with least attrition for the third consecutive quarter at 13.3 percent for June 2016 quarter. Jul 20, 2016
Thousands line up outside stores as new handsets join Jio Preview Offer

Reliance Jio 4G: How Reliance Industries telecom arm plans to take on Airtel, Idea Cellular

Reliance Jio Infocomm, the telecom arm of Mukesh Ambani's RIL, plans tie-ups with handset makers to boost user base and take on rivals. Jul 20, 2016
Boeing

India needs to increase its civilian aircraft fleet size 6-fold

Single-aisle airplanes such as next-generation 737 and 737 MAX will continue to account for the largest share of new deliveries. Jul 20, 2016
UltraTech Cement

UltraTech Cement net profit rises 29% in June quarter

The company reported net profit of Rs. 780.11 crore for Q1 against Rs. 604 crore in previous year. Jul 20, 2016
Microsoft headquarters near Paris

Cloud business boosts Microsoft's quarterly revenue, shares rise

Nadella has refocused the company on cloud and mobile in the face of stagnation in its traditional PC-based Windows business. Jul 20, 2016
Wipro

Wipro's Q1 net profit falls 6%; sets services revenue target of $1.95 billion for Q2

Total revenues of the company increased 11 percent to $2.0 billion, of which IT Services segment contributed $1.93 billion. Jul 19, 2016
infosys vishal sikka executives quit resign results quarter june guidance revenue weak profit geog sikka vishal

Infosys: Top executive exits in management reshuffle after Q1 results

Anup Uppadhayay, who handled large deals at Infosys, has quit as Vishal Sikka CEO rejigs his team after weak June quarter results. Jul 19, 2016
Pokemon Go

Pokemon GO: Share price surge doubles Nintendo's market cap, but profit avenues remain unclear

A Japanese fund manager justified the gains in share prices as he estimated the sales from Pokémon GO and related business could bolster net profits by $471 million. Jul 19, 2016
IB Times

PNB Housing Finance IPO: PNB subsidiary could see good response like Quess, L&T Infotech

PNB Housing Finance, a subsidiary of Punjab National Bank, is coming up with a Rs. 2,500 crore IPO. Jul 19, 2016
kris gopalakrishnan start ups india fail doomed bleak future investments in indian startups startup india

Kris Gopalakrishnan: Most start-ups destined to fail, says Infosys co-founder

Infosys co-founder Kris Gopalakrishnan says only about 5 to 10 percent start-ups globally will be able to scale their businesses. Jul 19, 2016
bluestone vidya online jewellery diamond ruby india caratlane ratan tata investors round funding

Ratan Tata-backed jewellery portal Bluestone raises $30 million

BlueStone, co-founded by Vidya Nataraj and Gaurav Singh Kushwaha, has Ratan Tata, Accel Partners and Kalaari Capital as investors. Jul 19, 2016
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