Business news

Mohandas Pai favours Narayana Murthy again, Vishal Sikka trying to cover up 'bad performance'

Infosys' former chief financial officer TV Mohandas Pai has spoken out in favour of Murthy and said that Sikka has been blaming the co-founder and his interference as a cover up for his "bad performance."

Aug 22, 2017

Infosys meltdown: This is how much Murthy, Nilekani and other promoters lost

In absolute terms, the software service exporter has lost Rs 33,914.71 crore of its market capitalisation as of Monday's closing, after sell-off was triggered Friday morning

Aug 22, 2017

SEBI says watching Infosys share price after freefall

Global brokerage Nomura downgrades Infosys stock to "reduce" from "neutral" and slashed target price to Rs 875 from Rs 1,000 earlier.

Aug 22, 2017

Infosys ex-board member writes open letter to Narayana Murthy for blowing tech giant's morale

'How can Infosys find a worthwhile replacement for Vishal Sikka with Murthy sniping at the wings,' ex-board member asked Murthy.

Aug 22, 2017

Shell companies: 100 brokerages under regulator's scanner

The crackdown on shell companies is a part of clean-up campaign against black money started by the central government.

Aug 22, 2017

Sri Sri Ravi Shankar to open 1,000 retail stores to compete with Patanjali

Sri Sri Ravi Shankar will also launch clinics and treatment centres imitating the retailing strategy of Patanjali.

Aug 22, 2017

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Will Vishal Sikka's exit derail Infosys' plans of hiring in US?

With Vishal Sikka's exit as the CEO and MD, questions are being raised on whether Infosys would go ahead with the US plans or the focus would move back to India operations.

Aug 22, 2017

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Coal India and employees union hit stalemate on salary hike as workers demand 21% raise

The union had earlier demanded a 50 percent hike, which brought down to 21 percent. However, the firm has said that it cannot afford such a large hike and can only manage about 15 percent.

Aug 22, 2017

Airtel takes on Jio with its own 4G smartphones at Rs 2,500 for Diwali

Airtel's 4G device will be based on the Android operating system and the telecom provider will allow users to download all apps available on the Google Play app store.

Aug 22, 2017

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Infosys stock hits new low, slammed out of Top 10 market cap league

In the last two trading sessions, investors have lost over Rs 36,500 crore in market capitalisation after the stock tumbled over 18 percent.

Aug 21, 2017

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Rate scare for savers: Not just FDs, an array of small savings become unattractive

A 25 bps RBI rate cut on December 6, the date of the next monetary policy review, appears a definite possibility.

Aug 21, 2017

McDonald's ends CPRL license; 169 outlets in North, East face closure

Connaught Plaza Restaurants Pvt Ltd (CPRL) runs McDonald's outlets in northern and eastern India

Aug 21, 2017

Creditors oppose NCLT order, may pose hurdles in the way of RCom-Aircel merger

The order pronounced by the tribunal suggested that any creditor accounting 5 percent or less of the companies' total debt cannot oppose the merger.

Aug 21, 2017

BPCL to pump in Rs 18,000 crore to expand oil refineries

The expansion is a part of company's major roadmap to spend Rs 1.08 lakh crore in next five years.

Aug 21, 2017

McDonald's terminates agreement with CPRL for outlets in northern and eastern region

McDonald's accused CPRL of violating numerous terms of the agreement and the latter cannot use the systems, trademark and designs of McD anymore. This will come into effect within 15 days from now.

Aug 21, 2017

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Business news

Mohandas Pai favours Narayana Murthy again, Vishal Sikka trying to cover up 'bad performance'

Infosys meltdown: This is how much Murthy, Nilekani and other promoters lost

SEBI says watching Infosys share price after freefall

Infosys ex-board member writes open letter to Narayana Murthy for blowing tech giant's morale

Shell companies: 100 brokerages under regulator's scanner

Sri Sri Ravi Shankar to open 1,000 retail stores to compete with Patanjali

Will Vishal Sikka's exit derail Infosys' plans of hiring in US?

Coal India and employees union hit stalemate on salary hike as workers demand 21% raise

Airtel takes on Jio with its own 4G smartphones at Rs 2,500 for Diwali

Infosys stock hits new low, slammed out of Top 10 market cap league

Rate scare for savers: Not just FDs, an array of small savings become unattractive

McDonald's ends CPRL license; 169 outlets in North, East face closure

Creditors oppose NCLT order, may pose hurdles in the way of RCom-Aircel merger

BPCL to pump in Rs 18,000 crore to expand oil refineries

McDonald's terminates agreement with CPRL for outlets in northern and eastern region

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]