Business news

An outsider to replace CEO Francisco D'Souza at Cognizant?

The software company has been doing tremendously well under the leadership of D'Souza which has outperformed its peers to report revenue of $14.81 billion in 2017 from just about $1.42 billion in 2006.

Sep 13, 2018

Top Indian IT companies on a hiring spree; indicates growth in sector for 1st time in 3 years

Reports say that Tata and Wipro are expected to grow swiftly this fiscal year. Tata is predicted to cross 10 per cent growth while Wipro is looking to cross one per cent growth.

Sep 12, 2018

Online pharma players concerned over the 'overlapping' powers of states in draft policy

India's pharmaceutical sector is valued at $33 billion in 2017. Moreover, it is likely to grow at a Compound Annual Growth Rate (CAGR) of 22.4% over 2015–20 to reach $55 billion.

Sep 12, 2018

Samsung to open world's largest mobile experience centre in Bengaluru

Also, this would be the biggest-ever display of Samsung accessories such as cases, covers and power banks at the "Samsung Opera House" wherein prospective buyers would be offered customization options for accessories.

Sep 11, 2018

Rupee depreciation may benefit the IT companies

The Indian IT companies are expected to witness an improvement in margins by as much as 100 basis points in their second quarter on the current fiscal year.

Sep 11, 2018

Jet Airways seeks fresh capital; Blackstone group in talks to pick up stake in loyalty programme

The employees of the debt-ridden airline have not been paid their salaries for the month of July and August.

Sep 11, 2018

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Who is Purvi Modi? Nirav Modi's money manager on Interpol list

Nirav Modi had two trusts and a few shell companies through which Purvi Modi, his sister, conducted the transactions.

Sep 11, 2018

Google agrees to comply with RBI's data storage rules

Last month Google CEO Sundar Pichai and Law & IT Minister Ravi Shankar Prasad had met in California.

Sep 11, 2018

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JNPT to rescue Air India; may buy iconic Mumbai building for Rs 2,000 crore

The national carrier has witnessed a muted response from the potential investors in the recent privatisation attempt.

Sep 10, 2018

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Business news

An outsider to replace CEO Francisco D'Souza at Cognizant?

Top Indian IT companies on a hiring spree; indicates growth in sector for 1st time in 3 years

Online pharma players concerned over the 'overlapping' powers of states in draft policy

Samsung to open world's largest mobile experience centre in Bengaluru

Rupee depreciation may benefit the IT companies

Jet Airways seeks fresh capital; Blackstone group in talks to pick up stake in loyalty programme

Who is Purvi Modi? Nirav Modi's money manager on Interpol list

Google agrees to comply with RBI's data storage rules

JNPT to rescue Air India; may buy iconic Mumbai building for Rs 2,000 crore

Infosys faces lawsuit in US for not paying overtime

Crackdown on shell companies: Government plans to geo-tag firms

CEO Zhang to replace Jack Ma as chairman of Alibaba group

Only one third of working Indians save up for retirement: Report

Jack Ma's retirement comment reportedly taken out of context; Alibaba founder to unveil succession plan

Walmart on Flipkart deal: Have complied with all tax obligations under IT rules