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wipro, wipro unveils new logo, wipro ceo abidali neemuchwala, wipro chairman azim premji

Wipro to announce Q1 results next week, share buyback on the cards

Bengaluru-based IT software services exporter Wipro had cash and cash equivalents worth Rs 5,271 crore as of March 31 2017. Jul 15, 2017
Tata Consultancy Services

Tata Consultancy Services to increase Bhubaneswar unit's employee capacity by 3,000

Tata Consultancy Services' currently houses 3,200 employees at its Bhubaneswar facility and intends to increase the unit's capacity by 3,000 amid reports of its Lucknow office being shut down. Jul 15, 2017
Dollars

Held to account: NRIs may be asked to disclose financial details outside India

NRIs will have to share account numbers of overseas bank accounts, bank names and office locations with the tax office, says Economic Times report. Jul 14, 2017
snapdeal, snapdeal cofounders, snapdeal sale, snapdeal merger with flipkart, snapdeal binny bansal, snapdeal kunal bahl, softbank, snapdeal investors

Infibeam founder Vishal Mehta denies bidding for Snapdeal

Economic Times had quoted two sources in a report that the all-stock bid for Snapdeal was estimated to be about Rs 6,652.75 crore. Jul 14, 2017
titan, tanishq, gst on gold, gold prices in india, titan share price, pc jeweller share price, tata group, market cap, tata steel share price, tcs share price

No GST on sale of old gold, vehicles: Report

The Centre's clarification comes after an initial statement that sale of old gold jewellery will be subject to 3 percent GST. Jul 14, 2017
Toonz Retail

No child's play: GST migrations caused systems crashes at retail firms, says toy company

Ahead of GST launch on July 1, many retail firms suffered systems shutdowns while migrating from VAT-oriented taxation formats, hitting their supplies for a week. Jul 14, 2017
Morris Chang

This 86-year-old has become a billionaire on new iPhone rumours

TSMC's venerable co-founder holds a 0.3 percent share whose 25 percent surge has put him in the billionaire league. Jul 14, 2017
travis Kalanick

Hunt for new Uber CEO heats up as Nikesh Arora, Marissa Mayer among executives willing to fill Travis Kalanick's shoes

Uber has reportedly received numerous interests and among them is former Google sales executive Nikesh Arora, who has also previously worked with SoftBank Group as president. Jul 14, 2017
infosys, infosys share buyback, infosys bonus history, infosys share price, infosys capital structure, infosys cash reserves

Infosys reports marginal fall in June quarter net profit

Shares up as Infosys raises revenue guidance for fiscal 2018. Jul 14, 2017
Snapdeal

Will Snapdeal merge with Infibeam and create $2 billion firm after rejecting Flipkart's buyout bid?

While it is being said that Infibeam has even put in a term sheet and may value Snapdeal at $1 billion, the Ahmedabad-based firm has denied that it has made any bid for the online marketplace Jul 14, 2017
Wind power and how it works

Tilting at turbines: Fanning wind energy growth will need time; and, a perfect storm

India's renewable energy targets for 2022 seem steep for an industry hamstrung by spatial and technological limitations. Jul 13, 2017
note ban, demonetisation, rbi, modi govt, currency, rs 100 note, fm jaitley, arun jaitley, indian economy, atm, cash deposit

Catholic Syrian Bank mulls IPO again: Report

The Kerala-based private bank could not succeed in selling stake to Prem Watsa's Fairfax Financial Holdings and is now exploring listing as an option. Jul 13, 2017
Vijat Mallya, India cricket, Champions Trophy, Virat Kohli's charity event

Washing up: Vijay Mallya laundered Rs 1,301.67 crore, says Enforcement Directorate

The agency alleged that the only purpose of 13 shell companies under Mallya's control was to either obtain loans or launder money. Jul 13, 2017
bsnl cable, chinese firms bidding for bsnl project, under sea cable, andaman nicobar island port blair chennai under sea cable

BSNL undersea cable project puts Modi govt in a spot: Report

The project envisaging undersea cable, connecting Chennai and Port Blair, assumes significance in the context of the Sikkim standoff between India and China. Jul 13, 2017
Tata Consultancy Services

TCS to shut down Lucknow operations leaving 2,000 IT employees in limbo

The employees of Tata Consultancy Services' Lucknow office, whose future now seems uncertain, have written to Uttar Pradesh Chief Minister Yogi Adityanath requesting an intervention Jul 13, 2017
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India's GDP to grow 6.7 pc to 7 pc through 2027, Global growth at 3.2 pc
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