Business news

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

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Salary hike this year could disappoint IT company employees

In view of Infosys, TCS, Wipro, Tech Mahindra and others facing a challenging business environment, salary hike could dampen their employees' morale.

May 11, 2017

TCS rules out layoffs, brings relief to employees

Rajesh Gopinathan, MD and CEO of TCS, India's largest IT software services exporter, rules out layoffs or downsizing, talks of creating jobs.

May 11, 2017

Randstad India appoints Paul Dupuis as new CEO

Paul takes over from Dr. Moorthy K. Uppaluri, who served as the MD& CEO of Randstad India for four years.

May 11, 2017

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Tata companies showcase 3,300 implemented innovations at Innovista programme

A statement issued by the conglomerate says Tata companies more than doubled its implemented innovations in two years.

May 11, 2017

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Cognizant seeks 2 weeks from Telangana govt to explain charges of layoffs; CFO says H-1B visa holders do not offer benefit over American workers

Cognizant management holds talks with Telangana government over allegations of forced layoffs; its CFO Karen McLoughlin says in an earnings call that H-1 B visa holders do not offer price differential over American workers.

May 11, 2017