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Microsoft headquarters near Paris

Cloud business boosts Microsoft's quarterly revenue, shares rise

Nadella has refocused the company on cloud and mobile in the face of stagnation in its traditional PC-based Windows business. Jul 20, 2016
Rupee

Global Funds buy a record $921 million rupee-bonds in 8 days of July: Report

India's growth profile and macro stability increases risk appetite among foreign investors to invest in emerging market assets. Jul 19, 2016
Wipro

Wipro's Q1 net profit falls 6%; sets services revenue target of $1.95 billion for Q2

Total revenues of the company increased 11 percent to $2.0 billion, of which IT Services segment contributed $1.93 billion. Jul 19, 2016
Rupee

Govt infuses Rs. 23,000 crore in PSU banks; SBI gets Rs. 7,575 crore

Under the Indradhanush road map, the government will infuse Rs. 70,000 crore over 4 years, while banks will raise Rs. 1.1 lakh crore from markets. Jul 19, 2016
infosys vishal sikka executives quit resign results quarter june guidance revenue weak profit geog sikka vishal

Infosys: Top executive exits in management reshuffle after Q1 results

Anup Uppadhayay, who handled large deals at Infosys, has quit as Vishal Sikka CEO rejigs his team after weak June quarter results. Jul 19, 2016
Pokemon Go

Pokemon GO: Share price surge doubles Nintendo's market cap, but profit avenues remain unclear

A Japanese fund manager justified the gains in share prices as he estimated the sales from Pokémon GO and related business could bolster net profits by $471 million. Jul 19, 2016
IB Times

PNB Housing Finance IPO: PNB subsidiary could see good response like Quess, L&T Infotech

PNB Housing Finance, a subsidiary of Punjab National Bank, is coming up with a Rs. 2,500 crore IPO. Jul 19, 2016
kris gopalakrishnan start ups india fail doomed bleak future investments in indian startups startup india

Kris Gopalakrishnan: Most start-ups destined to fail, says Infosys co-founder

Infosys co-founder Kris Gopalakrishnan says only about 5 to 10 percent start-ups globally will be able to scale their businesses. Jul 19, 2016
bluestone vidya online jewellery diamond ruby india caratlane ratan tata investors round funding

Ratan Tata-backed jewellery portal Bluestone raises $30 million

BlueStone, co-founded by Vidya Nataraj and Gaurav Singh Kushwaha, has Ratan Tata, Accel Partners and Kalaari Capital as investors. Jul 19, 2016
Yahoo

Yahoo reports lackluster results as sale looms

Yahoo reported adjusted earnings of 9 cents per share, short of the 10 cents that analysts expected. Jul 19, 2016
Indian rupee vs dollar

Employees' provident fund investment into indexed equities to remain at 5%

The central board of trustees agreed to continue with only 5 percent investments into exchange traded funds (ETFs). Jul 18, 2016
Bombay Stock Exchange building BSE brexit crash

Mindtree Q1 net profit down 3.7% to Rs. 123.5 crore; shares fall 4%

Mindtree share prices plunged as the company's net profit decline by 3.7 percent YoY during the June 2016 quarter. Jul 18, 2016
call tariff data plans hike

Reliance Jio 4G effect: Idea cellular now cuts rates on BIG internet packs over 2GB limit

Idea Cellular's new price for its 2GB, 5GB and 10GB data packs are Rs. 349, Rs. 649 and Rs. 990, respectively. Jul 18, 2016
Emirates Airline

Jennifer Aniston helps Emirates fly high; airline ranked UAE's top brand

Other brands that ranked among the top by market research firm YouGov are WhatsApp, Samsung, Facebook, Apple, YouTube, Emaar, Google and Eithad. Jul 18, 2016

ICICI to sell 12.65% stake in insurance firm, ICICI Pru Life

ICICI Prudential Life's sale of 1.81 crore equity shares could be valued at Rs. 5,000 crore. Jul 18, 2016
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  • Elephant shot dead

    Twenty-year-old elephant shot dead in Karnataka village; culprits at large [details]

  • Ladakh mishap

    Seven soldiers killed, 19 injured after bus falls into river in Ladakh; PM Modi expresses condolences [details]

  • Tourist spots of J&K

    Filmmakers restoring golden era of film shooting in J&K; maiden film policy lures producers [details]

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