Business news

Tata Consultancy Services overtakes Accenture to become largest IT firm servicing banks

In September quarter, TCS reported revenue of $5.21 billion, clocking 10% growth and in comparison, Accenture registered a growth of 11% from the year-ago period generating $10.1 billion in August.

Oct 18, 2018

Adani Group partners with French oil major Total to enter petroleum retail business

The joint venture is aiming for a slice of the domestic fuel market which is growing at 4% annually aided by improving road infrastructure and higher purchasing power.

Oct 18, 2018

WhatsApp working on linked accounts, vacation and silent mode features

With the Vacation Mode feature, archived chats won't be unarchived if you have previously muted them.

Oct 18, 2018

Ranbaxy Malvinder Singh Shivinder Fortis

Sebi asks Fortis Healthcare to recover $55 million from founders, eight firms

SEBI will carry out a detailed investigation, but said it was issuing an interim order to protect the interests of Fortis Healthcare shareholders and prevent any further "deterioration" of company funds or assets.

Oct 18, 2018

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Reliance Industries Q2 net up by 17% at Rs 9,516 crore; telecom, petrochem drive record profit

Reliance Industries reported a record net profit for the second quarter ending September on the back of robust performance in its petrochemicals and telecom businesses.

Oct 18, 2018

Netflix to release Kiss Me First trailer on June 29

Netflix shares jump after record subscriber growth

Shares of Netflix Inc soared 11 percent before the bell on Wednesday after the company put fears of a slowdown in growth to bed by racking up 7 million new subscribers between July and September.

Oct 18, 2018

LinkedIn to partner with Oracle to attract, engage and retain employees

A series of new integrations between Oracle's Human Capital Management Cloud (Oracle HCM Cloud) and Taleo Enterprise Edition, and LinkedIn, will help HR teams to grow their talent pool and increase career development opportunities, Oracle said.

Oct 17, 2018

Ominous predictions for rupee: 80 against dollar by year's end and a plunge to 100 later

Analysts say the rupee could fall further in the coming months as the key drivers of the fall -- widening current account deficit and the flight of overseas funds -- are more likely to persist than not.

Oct 17, 2018

Flipkart races ahead of Amazon in festive season sale

Flipkart has registered a GMV of $1-1.1 billion in its five days of Big Billion Days (BBD), in comparison to last year's $660 million.

Oct 16, 2018

Infosys retains revenue growth guidance after 10 percent profit jump

The Bengaluru-headquartered company added 7,834 employees on a net basis, compared with a reduction in the same period last year.

Oct 16, 2018

Remembering Paul Allen: Did you know Microsoft co-founder could play guitar like Jimi Hendrix

Paul Allen has truly left behind an unfillable void in the world of sports but the ultimate trail brazer was also one of the biggest names to emerge from Silicon Valley, California.

Oct 16, 2018

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RBI approves appointment of Sandeep Bakshi as new CEO, Managing Director of ICICI Bank

After the resignation of Chanda Kochhar, who was facing the inquiry, earlier this month, the bank's board had elevated Chief Operating Officer (COO) Bakshi as the new managing director and CEO for five years until October 3, 2023, subject to regulatory and other approvals.

Oct 16, 2018

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Business news

Tata Consultancy Services overtakes Accenture to become largest IT firm servicing banks

Adani Group partners with French oil major Total to enter petroleum retail business

WhatsApp working on linked accounts, vacation and silent mode features

Sebi asks Fortis Healthcare to recover $55 million from founders, eight firms

Reliance Industries Q2 net up by 17% at Rs 9,516 crore; telecom, petrochem drive record profit

Netflix shares jump after record subscriber growth

LinkedIn to partner with Oracle to attract, engage and retain employees

Ominous predictions for rupee: 80 against dollar by year's end and a plunge to 100 later

Flipkart races ahead of Amazon in festive season sale

Infosys retains revenue growth guidance after 10 percent profit jump

Remembering Paul Allen: Did you know Microsoft co-founder could play guitar like Jimi Hendrix

RBI approves appointment of Sandeep Bakshi as new CEO, Managing Director of ICICI Bank

Asian shares resume descent, oil prices up on Saudi tensions

Microsoft staffers urge tech giant not to bid for US military cloud project - Report

India's data localisation decision leaves global digital payment firms in a bind