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Vishal Sikka

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
Ratan Tata and N.R. Narayana Murthy

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

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
Infosys CEO Vishal Sikka

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
N Chandrasekaran and Cyrus Mistry

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
Jobs and hiring

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
SBI

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
Infosys

Infosys shares surge as board to consider buyback on August 19

Infosys is currently sitting on liquid assets -- cash and investment -- of over Rs 39,000 crore and is under pressure to distribute it to shareholders. Aug 17, 2017
spicejet q2 results share price gains revenue profit india good bad dgca domestic air traffic worst civil aviation fastest capa plf otp rivals indigo

Domestic flights may charge higher prices if commuters baggage exceeds 15 kg

Delhi High Court on Wednesday set aside the DGCA's order to direct the airlines not to charge more than Rs 100 per kg for extra luggage between 15 kg and 20 kg. Aug 17, 2017
Who is James Fields Jr, the Charlottesville car-ramming suspect?

Who is James Fields Jr, the Charlottesville car-ramming suspect?

James Fields Jr. was arrested in Charlottesville, VA, for allegedly driving into a crowd, striking another motorist and multiple people. Aug 16, 2017
Reliance KG-D6

Modi govt blows $264 million fresh penalty on Reliance Industries, British Petroleum

The government has slapped a $264 million penalty on Reliance Industries and its partner British Petroleum on declining gas production and failure to achieve the target. Aug 16, 2017
CEOs quit Donald Trump advisory council

CEOs quit Donald Trump advisory council

Three CEOs have resigned from President Trumps manufacturing advisory council after Trumps response to the violence in Charlottesville. Aug 16, 2017
ONGC oil platform

ONGC to raise output and reduce cost on big data analysis

ONGC will engage data scientists from IITs and IT firms for large data analysis that will raise the company's output and reduce cost in the future. Aug 16, 2017
New Maruti Suzuki True Value outlet

Maruti Suzuki plans to sell 6 lakh used car annually by revamping True Value outlets

By 2020, India's largest carmaker plans to sell about 6 lakh used vehicles annually, which is almost the total sales of new cars in India by Tata Motors, Volkswagen and Honda put together. Aug 15, 2017
Baba Ramdev celebrates International Yoga Day 2017 in Ahmedabad

Ramdev's Patanjali to set up factory in conflict ridden Kashmir

Speaking about terrorism in the country, especially in Kashmir, Ramdev said, "Anyone who masters the art of Yoga can never become a terrorist". Aug 15, 2017
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