Business news

Software services exports lowest in 7 years, protests in Hyderabad against mass IT layoffs

India's software services exports slumped to the lowest in seven years which could blow the current account deficit to the widest since 2013 and add further pressure to the rupee.

Aug 19, 2017

Infosys board clears Rs 13,000-crore share buyback at Rs 1,150 apiece

The tech bellwether expects the buyback to push higher return on equity and serve as an opportunity to put its cash holdings to good use.

Aug 19, 2017

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Is this the real reason Jet Airways asked its pilots to take a salary cut?

Airline officials have now said that Jet Airways may have asked its pilots to take a salary cut after overestimating their pilot requirement and hiring more than necessary.

Aug 19, 2017

The unlikely Infosys: Board outrage drowns out distraction; and, discretion

A post-Sikka Infosys will need room for shareholder activism even if its board feels that co-founder Narayana Murthy has a 'My way or the highway' attitude.

Aug 18, 2017

Vishal Sikka's exit erodes Rs 22,000 crore of Infosys' market value

The company market value dropped to Rs 2.12 lakh crore from Rs 2.34 lakh crore as of Thursday's close.

Aug 18, 2017

Did IndiGo really cancel 84 flights over engine issues? Airline clarifies

IndiGo was forced to ground 13 planes over issues with its Pratt & Whitney engines.

Aug 18, 2017

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Narayana Murthy hits back at Infosys board, says 'extremely anguished by allegations'

It is below my dignity to respond to such baseless insinuations, says Narayana Murthy.

Aug 18, 2017

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Vishal Sikka resigns as Infosys CEO and MD: The signs were there all along

Vishal Sikka, who will now get just $1 as executive vice-chairman of Infosys, might have hinted at his resignation as CEO and MD quite some time ago. Read to know more.

Aug 18, 2017

Murthy 'extremely anguished by allegations, tone and tenor' of Infosys statements

The Bangalore-based IT company has appointed Sikka as executive vice chairman in a newly created position.

Aug 18, 2017

Corporate governance in shambles with Ratan Tata, Narayana Murthy locking horns with their successors

Do the owners/founders have to question every move of their successors when they are running the business just because that they have diligently built the company over many summers?

Aug 18, 2017

Infosys CEO Vishal Sikka resigns; here's the FULL TEXT of his letter to the staff

Sikka said he was constantly defending against "false, baseless, malicious and increasingly personal attacks".

Aug 18, 2017

Vishal Sikka resigns as CEO and MD of Infosys over continued 'personal attacks'

Vishal Sikka, in his resignation letter, stated that he has communicated his decision to the Chairman of the Board R Seshasayee. Read to know more.

Aug 18, 2017

War continues: Tata Sons to snap business ties with Cyrus Mistry's SP Group

The move can put at risk business worth thousands of crores of rupees, as the SP Group holds about 18.4 percent stake in Tata Sons.

Aug 17, 2017

Indian MNCs continue mass hiring, slowdown trend to change

Accenture has 5,396 job openings in India, which is four times more than the openings in US.

Aug 17, 2017

Post Merger: SBI does the impossible, unions praise management

This comes after all major unions had strongly opposed the merger of six other nationalised banks with SBI and were wary of a step-motherly treatment of the migrating staff at the hands of the SBI management.

Aug 17, 2017

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Business news

Software services exports lowest in 7 years, protests in Hyderabad against mass IT layoffs

Infosys board clears Rs 13,000-crore share buyback at Rs 1,150 apiece

Is this the real reason Jet Airways asked its pilots to take a salary cut?

The unlikely Infosys: Board outrage drowns out distraction; and, discretion

Vishal Sikka's exit erodes Rs 22,000 crore of Infosys' market value

Did IndiGo really cancel 84 flights over engine issues? Airline clarifies

Narayana Murthy hits back at Infosys board, says 'extremely anguished by allegations'

Vishal Sikka resigns as Infosys CEO and MD: The signs were there all along

Murthy 'extremely anguished by allegations, tone and tenor' of Infosys statements

Corporate governance in shambles with Ratan Tata, Narayana Murthy locking horns with their successors

Infosys CEO Vishal Sikka resigns; here's the FULL TEXT of his letter to the staff

Vishal Sikka resigns as CEO and MD of Infosys over continued 'personal attacks'

War continues: Tata Sons to snap business ties with Cyrus Mistry's SP Group

Indian MNCs continue mass hiring, slowdown trend to change

Post Merger: SBI does the impossible, unions praise management

"I was screaming from pain": Air India passenger alleges second degree burn from hot water due to flight attendant's negligence [details]

Kantara 2 in the making, set in 4th century; no big B-wood stars, better screenplay and more [details]

Ajith Kumar's "Vidaa Muyarchi" set to begin filming in Abu Dhabi