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Nifty likely to touch 10,000 in FY18, says Edelweiss Broking analyst

The 50-scrip, NSE Nifty closed at 9,400 on Friday (May 11), implying a projected rise of 600 points by March 2018, implies Edelweiss analyst Sahil Kapoor.

May 13, 2017

IT Layoffs: 56,000 employees with 7 IT firms, including Infosys and Wipro, could lose jobs in 2017

After Infosys, Wipro, Cognizant, Capgemini and Tech Mahindra made news for cutting jobs and deferring appraisals, it is estimated that 56,000 IT employees could lose their jobs this year.

May 13, 2017

IT layoffs: Are slow growth and automation responsible for mass job cuts in the sector?

IT giants like Infosys, Wipro, Cognizant, Tech Mahindra and Capgemini have made news for the reported layoffs, which seem to have a lot to do with the slow growth in the sector and automation.

May 13, 2017

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Tata Steel to declare Q4, FY17 results on May 16

Early this month, Tata Steel had sold its speciality steels business to Liberty House Group for £100 million.

May 12, 2017

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PVR, Inox shares lose sharply even as Baahubali 2 create box office records

Since the release of Baahubali 2 on April 28, the film has earned record amount at the box office but share prices of multiplexes PVR and Inox Leisure have actually dropped during the period.

May 12, 2017

Baahubali 2: Many key takeaways for investors from movie's success, says Angel Broking

Forget billionaire investor Warren Buffett, Baahubali 2, its story and box office success offer many tips for stock market investors, says Angel Broking.

May 12, 2017

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SBI Life IPO picks up momentum; insurer had posted robust performance for FY17

After ICICI Prudential Life Insurance, SBI Life will be the second private insurer to seek listing.

May 12, 2017

NHAI masala bonds launched on London Stock Exchange

The NHAI masala bond issue got an overwhelming response from investors, some of them were first timers.

May 12, 2017

Infosys delays salary hike until July, wait could be longer for senior employees: Report

Infosys employees with less than eight years of experience can expect a hike sometime in July, while those with more experience could expect a hike in the next quarter.

May 12, 2017

Chanda Kochhar, MD and CEO ICICI Bank, receives Woodrow Wilson Award for Global Corporate Citizenship

The Woodrow Wilson Award was conferred on Kochhar for the work done by ICICI Group under Kochhar's able leadership in improving the lives of people in the local communities and the world at large.

May 12, 2017

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Kotak Mahindra Bank launches Rs 5,800 crore share sale

Kotak Mahindra, the fourth biggest Indian bank by market capitalisation, is selling new shares with a price range of Rs 930 to Rs 936 apiece.

May 12, 2017

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HCL Technologies says more than 50% of its employees in US are locals

HCL Technologies President and CEO C Vijayakumar says more than 50 percent of its 12,000 employees in US are locals, post declaration of Q4, FY17 results.

May 11, 2017