Business news

HP Inc to cut about 4,000 jobs in next 3 years

HP Inc plans to save about $350 to $500 million in restructuring costs and other charges.

Oct 14, 2016

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SpiceJet shares gain more than 5% on BSE on stock upgrade

Analysts see a significant upside for SpiceJet shares from the current levels.

Oct 14, 2016

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PNB Housing Finance gets Sebi approval for Rs 2,500 crore IPO

Documents for the initial public offering (IPO) were filed by PNB Housing Finance in July this year.

Oct 14, 2016

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Infosys Q2 FY2017: Here is what Vishal Sikka, Pravin Rao, MD Ranganath said after Sept quarter results

Infosys lowers it revenue guidance for FY2017 after declaring September quarterly result while CEO Vishal Sikka talked about long-term plans.

Oct 14, 2016

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Wipro in focus after TCS, Infosys declare Q2 results

Wipro will be declaring its September quarter (Q2) results on October 21, while TCS and Infosys have already announced their results.

Oct 14, 2016

Asia stocks, dollar rise on China inflation data relief

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.4 percent after dropping 1.1 percent on Thursday.

Oct 14, 2016

Infosys Q2 net profit rises 6% YoY; revenue guidance slashed again

Revenue guidance now stands at 8-9 percent from 10.5-12 percent earlier, according to Infosys.

Oct 14, 2016

Oil prices edge up on tighter US fuel market

Traders said the U.S. price rise was due to a tightening fuel market.

Oct 14, 2016

Morning brief: Maldives pulls out of Commonwealth, US urges Pak to shut down terror camps, One plus e-store and more

Also read about Salman Khan releasing trailer of XXX: The Return of Xander Cage in the opening episode of Bigg Boss 10.

Oct 14, 2016

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Sensex, Nifty may spurt on retail inflation data, TCS Q2 results; Infosys results will be in focus

September retail inflation fell to a 13-month low of 4.31 per cent, while TCS posted decent growth in net profit, revenues for Q2.

Oct 13, 2016

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TCS reports 8.4% rise in Q2 net profit; revenues up 7.8% in 'unusual' quarter

In dollar terms, the company's revenues stood at $4,374 million and net profit at $986 million.

Oct 13, 2016

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Sensex, Nifty crash after US Fed hints at interest rate hike

The BSE Sensex slumps 440 points while the NSE Nifty loses 135 points.

Oct 13, 2016

Snapchat hires Morgan Stanley, Goldman to manage IPO

JP Morgan Chase & Co, Deutsche Bank AG, Barclays Plc and Credit Suisse Group will also be involved as joint book runners.

Oct 13, 2016

Samsung's Galaxy Note 7 recall is a bigger threat to its credit profile: Fitch Ratings

The financial impact on Samsung over the recall of Galaxy Note 7 and stoppage of its production will be relatively lower, says Fitch.

Oct 13, 2016

Marmitegate: Tesco in dispute with Unilever over price hike

Marmitegate is trending as the spread could run out in Tesco. The store has reportedly refused to raise its prices by 10% amid a row with Unilever about who will bear the brunt of the post-Brexit sterling crash.

Oct 13, 2016

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Business news

HP Inc to cut about 4,000 jobs in next 3 years

SpiceJet shares gain more than 5% on BSE on stock upgrade

PNB Housing Finance gets Sebi approval for Rs 2,500 crore IPO

Infosys Q2 FY2017: Here is what Vishal Sikka, Pravin Rao, MD Ranganath said after Sept quarter results

Wipro in focus after TCS, Infosys declare Q2 results

Asia stocks, dollar rise on China inflation data relief

Infosys Q2 net profit rises 6% YoY; revenue guidance slashed again

Oil prices edge up on tighter US fuel market

Morning brief: Maldives pulls out of Commonwealth, US urges Pak to shut down terror camps, One plus e-store and more

Sensex, Nifty may spurt on retail inflation data, TCS Q2 results; Infosys results will be in focus

TCS reports 8.4% rise in Q2 net profit; revenues up 7.8% in 'unusual' quarter

Sensex, Nifty crash after US Fed hints at interest rate hike

Snapchat hires Morgan Stanley, Goldman to manage IPO

Samsung's Galaxy Note 7 recall is a bigger threat to its credit profile: Fitch Ratings

Marmitegate: Tesco in dispute with Unilever over price hike

Rashmi Rajput on playing Pooja Sikhera in Bhaukaal 2: Life of a policeman's wife is tougher than any one can imagine [Exclusive]

Shweta Tiwari's statement "God measuring my bra size" lands her in trouble, probe ordered [details]

Seven in 10 Indian consumers frustrated with navigating content on OTT platforms