Business news

Infosys Q1 2017: Here is what Vishal Sikka, Pravin Rao, M.D. Ranganath said after June quarter results

Infosys lowers its revenue guidance for FY2017 after declaring June quarter results while CEO Vishal Sikka talks about challenges.

Jul 15, 2016

Infosys Q1 2017: Shares plunge almost 10% on disappointing June quarter results, downward guidance

Shares of Infosys dropped sharply after it declared its June 2016 quarter results on Friday.

Jul 15, 2016

Microsoft wins landmark appeal over seizure of foreign emails

Microsoft had been challenging a warrant seeking emails stored on a server in Dublin, Ireland, in a narcotics case.

Jul 15, 2016

ONGC Videsh to raise $1.1 billion to fund stake purchase in Russian Vankor oilfield

ONGC has restricted its guarantee amount to 109 percent of the principal amount of the bonds outstanding.

Jul 14, 2016

mobile-banking-on-the-rise-46-of-us-bank-account-holders-to-use-service-by-2017-report

RBI panel to assess opportunities, risks from new-age fintech services

The panel will review the scope of technological platforms, their disrupting innovations, market penetration and consumer experiences on adopting these fintech.

Jul 14, 2016

TCS June 2016 quarter net profit rises 9.4%, revenues up 14%

Mumbai-based Tata Consultancy Services (TCS) net profit rises 9.4 percent while revenues increase 14.2 percent, YoY.

Jul 14, 2016

wipro infosys nasdaq brexit eu britain bse nse referendum it stocks

Online travel agent Yatra looks to get listed in NASDAQ with the Terrapin deal

Yatra to get listed in NASDAQ by merging with Terrapin 3 Acquisition Corp.

Jul 14, 2016

gold prices in india, gold stocks, titan share price, tbz share price, gold consumption, gold jewellery in india, wgc gold demand

Titan, PC Jeweller gain on govt easing gold jewellery excise duty rules

The government on Wednesday relaxed rules gold jewellery excise duty rules on Wednesday, triggering a modest rally in gold shares.

Jul 14, 2016

Bombay Stock Exchange building bse sensex shares

TCS, Infosys, Wipro shares trading flat ahead of earnings

Shares of IT companies such as TCS, Infosys, Wipro and Tech Mahindra have been seeing muted trading ahead of June quarter results.

Jul 14, 2016

Infosys AI lead Samson David steps down ahead of Q1 FY17 results

Samson David, who spearheaded Infosys' AI platform Mana, is the fifth top executive to quit the company in the last two years.

Jul 14, 2016

vistara airasia india aviation policy india domestic air traffic Phee Teik Yeoh

Vistara plans using smaller aircraft, new brand for regional operations

The airline plans to use smaller aircraft to connect regional airports with those in metro cities.

Jul 14, 2016

BSE Sensex, NSE Nifty, budget 2017, stocks rally, buzzing stocks, wipro share price, kmb share price, hdfc bank share price

Tata Steel, Vedanta, Welspun shares rally on lacklustre trading day

Shares of Tata Steel, Vedanta, Welspun Corp and Coal India gained on the BSE and NSE on Wednesday.

Jul 13, 2016

Acquisitions and angel funding dominate food tech start-up industry worldwide, reveals Traxcn

Acquisitions, early stage investment and restaurant aggregation business model are prominent worldwide trends in foodtech start-up ecosystem, says Traxcn.

Jul 13, 2016