Business news

Infosys Q3 net profit rises 7% at Rs 3,708 crore, lowers dollar revenue guidance

Infosys registered revenues worth Rs 17,273 crore for the third quarter that ended on December 31, 2016.

Jan 13, 2017

TCS Managing Director N Chandrasekaran appointed Chairman of Tata Sons

Natarajan Chandrasekaran was the Chief Executive Officer and Managing Director of Tata Consultancy Services since 2009.

Jan 12, 2017

Microsoft sued by moderators who developed PTSD after viewing child abuse content

The complaint stressed that the moderators had to view "inhumane and disgusting content" on a continuous basis.

Jan 12, 2017

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TCS Q3 net profit rises 11%, income up 9%; Infosys to declare results on January 13

N Chandrasekaran, CEO and MD of TCS attributes the Q3 upbeat performance to the company's "resilience".

Jan 12, 2017

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MRF to invest Rs 4,500 crore for tyre project in Gujarat

The announcement by India's largest tyre maker MRF also says that the investment will be in a phased manner.

Jan 12, 2017

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Budget 2017: NITI Aayog not in favour of raising income tax exemption limit

Niti Aayog, the Indian government's think-tank, would want the threshold for the 10 percent tax rate to be increased, instead.

Jan 12, 2017

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RBI governor Urjit Patel conveys subtle message to Modi Govt before Budget 2017

At the International Financial Services Centre (IFSC), RBI chief Urjit Patel speaks about government debt, inflation and interest subvention.

Jan 12, 2017

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Power Grid Corporation, NTPC lead Sensex, Nifty rally; TCS Q3 results, December inflation data awaited

Shares of Power Grid Corporation (PGCIL) and NTPC gain more than 3 percent in early trade; benchmark indices Sensex, Nifty up 0.40 percent.

Jan 12, 2017

Volkswagen pleads guilty in carbon emission scandal; agrees to pay $4.3 billion as settlement

Volkswagen has agreed to new audits and oversight by an independent monitor over a period of three years.

Jan 12, 2017

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Sensex crosses 27,000 mark, Nifty closes at 2-month high; IndusInd Bank gains 6%

The Sensex, Nifty rally was led by metal and bank stocks; Coal India, Tata Steel and ICICI Bank, IndusInd Bank were top gainers.

Jan 11, 2017

Rupee vs US dollar, rupee projection, demonetisation, GST, UBS report, Indian currency

Indian rupee could fall sharply against US dollar by FY2018; Nifty to hit 8,800 by December: UBS

The Indian rupee could fall to 73 to the US dollar by end of FY2018, while the 50-scrip NSE Nifty could rise to 8,8800, says UBS.

Jan 11, 2017

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Axis Bank Q3FY2017 preview: Net profit likely to fall sharply, say brokerages

India's third-largest private sector lender Axis Bank, facing money-laundering charges, is expected to report a fall in its net profit for Q3.

Jan 11, 2017

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Business news

Infosys Q3 net profit rises 7% at Rs 3,708 crore, lowers dollar revenue guidance

TCS Managing Director N Chandrasekaran appointed Chairman of Tata Sons

Microsoft sued by moderators who developed PTSD after viewing child abuse content

TCS Q3 net profit rises 11%, income up 9%; Infosys to declare results on January 13

MRF to invest Rs 4,500 crore for tyre project in Gujarat

Budget 2017: NITI Aayog not in favour of raising income tax exemption limit

RBI governor Urjit Patel conveys subtle message to Modi Govt before Budget 2017

Power Grid Corporation, NTPC lead Sensex, Nifty rally; TCS Q3 results, December inflation data awaited

Volkswagen pleads guilty in carbon emission scandal; agrees to pay $4.3 billion as settlement

Sensex crosses 27,000 mark, Nifty closes at 2-month high; IndusInd Bank gains 6%

Indian rupee could fall sharply against US dollar by FY2018; Nifty to hit 8,800 by December: UBS

Axis Bank Q3FY2017 preview: Net profit likely to fall sharply, say brokerages

What is next for the FTSE 100 in 2017?

Almost 40 per cent of our 3,000-plus clients are women: Financial planner Priya Sunder

Asian shares at 2-month high, markets await Trump news conference