Business news

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Hudco IPO to open on May 8, close on May 11

A fully-owned public sector company, Hudco, is offering 20 crore shares by way of offer of sale at a price band of Rs 56-60 per share.

May 3, 2017

Fortigo Network raises $10 million, 4tigo network, fortigo network investors, nandan nilekani invests in fortigo network

Fortigo Network (4TiGO) raises $10 million from Nandan Nilekani, Accel Partners

In the Series A round, Fortigo Network raised $10 million from Infosys co-founder and former UIDAI Chairman Nandan Nilekani, and Accel Partners.

May 3, 2017

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MakeMyTrip to raise $330 million via share sale to drive growth

Nasdaq-listed MakeMyTrip, the Indian online travel company, will sell shares at $36 apiece to Ctrip.com, MIH Internet SEA and other investors.

May 3, 2017

David Davis says UK will not be paying £100bn Brexit divorce bill

Brexit Secretary David Davis has rejected claims Britain faces a soaring bill from Brussels for the EU exit on 3 May. European Commissions lead Brexit negotiator Michel Barnier later said the UK needs to honour its share of financial obligations.

May 3, 2017

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Matrimony.com posts Rs. 300 crore in revenues for FY2017; IPO likely in September quarter, says founder-CEO Murugavel Janakiraman

Murugavel Janakiraman, founder and CEO of Matrimony.com, which owns BharatMatrimony and few other matchmaking portals, speaks about the upcoming initial public offering (IPO) to International Business Times, India edition.

May 3, 2017

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Infosys decision to hire 10,000 Americans seen as yielding to pressure tactics of Trump administration

A day after Infosys said it will be hiring 10,000 American workers over two years, a White House spokesperson lauds CEO Vishal Sikka's decision.

May 3, 2017

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Lendingkart Finance partners with BASIX Sub-K to facilitate working capital loans

Over 1,20,000 SMEs have till date reached out to Lendingkart Finance for their credit needs.

May 2, 2017

Wipro unveils new brand identity and logo

"The new brand identity marks our journey of transformation in the digital world," says Abidali Z. Neemuchwala, CEO and Executive Director, Wipro.

May 2, 2017

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BMR elevates five partners in Mumbai, Delhi

The partners are Anand Laxmeshwar, Sumit Singhania, Saurabh Kanchan, Lokesh Malik and Harkishan Bhatia.

May 2, 2017

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ICICI Group launches 100 'ICICI Digital Villages'

The 100 villages that have been transformed into 'ICICI Digital Villages' are located across 17 states in India.

May 2, 2017

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'Bikini airline' VietJet plans to grab 50% market share, raises cap on foreign ownership

VietJet, Vietnam's only private airline, which went public this February, shot into fame first in 2012 for hiring bikini-clad women to walk the aisle.

May 2, 2017

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Salaries of MF executives rise modestly for FY2017

Except for Reliance MF CEO Sundeep Sikka, HDFC MF CEO Milind Barve and ICICI MF MD Nimesh Shah got reasonable hike in salary for FY2017.

May 2, 2017

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Federal Bank, SpiceJet, Maruti Suzuki, Indiabulls Housing, Hindalco, Fortis hit fresh 52-week high

On Tuesday, May 2, shares of Maruti Suzuki, SpiceJet, Hindalco, Federal Bank, Fortis, Indiabulls Housing Finance hit new 52-week high despite Sensex trading in the red.

May 2, 2017

saudi aramco, aramco ipo, aramco public issue

Saudi Aramco takes 100% control of America's largest oil refinery

Port Arthur is considered the crown jewel of the US refinery system.

May 2, 2017

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Infosys to hire 10,000 Americans in the next two years; build four technology hubs

In a statement, Infosys CEO Vishal Sikka says hiring 10,000 American workers and setting up technological hubs will "help invent and deliver the digital futures for our clients."

May 2, 2017

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Business news

Hudco IPO to open on May 8, close on May 11

Fortigo Network (4TiGO) raises $10 million from Nandan Nilekani, Accel Partners

MakeMyTrip to raise $330 million via share sale to drive growth

David Davis says UK will not be paying £100bn Brexit divorce bill

Matrimony.com posts Rs. 300 crore in revenues for FY2017; IPO likely in September quarter, says founder-CEO Murugavel Janakiraman

Infosys decision to hire 10,000 Americans seen as yielding to pressure tactics of Trump administration

Lendingkart Finance partners with BASIX Sub-K to facilitate working capital loans

Wipro unveils new brand identity and logo

BMR elevates five partners in Mumbai, Delhi

ICICI Group launches 100 'ICICI Digital Villages'

'Bikini airline' VietJet plans to grab 50% market share, raises cap on foreign ownership

Salaries of MF executives rise modestly for FY2017

Federal Bank, SpiceJet, Maruti Suzuki, Indiabulls Housing, Hindalco, Fortis hit fresh 52-week high

Saudi Aramco takes 100% control of America's largest oil refinery

Infosys to hire 10,000 Americans in the next two years; build four technology hubs

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]