Business news

Infosys' CEO Sikka speaks during a news conference at company's headquarters in Bangalore

UBS Not Sure about Infosys' 'Vision 2020'

UBS says company's plans to boost revenues to $20 billion over the next five years is a "significant challenge".

May 8, 2015

Market to be Bumpy in the Short Run, Believe Experts

Experts advise the investors to jump into the stock markets from a long-term perspective

May 7, 2015

Rupee Slides to 20-month Low, May Correct More on Equity Outflows

Analysts expect the rupee to fall to 65 against the greenback.

May 7, 2015

Lenovo A6000 Plus Flipkart Flash Sale 2.0 on 5 May

Flipkart, Snapdeal Need $20bn More to Retain Growth in Next Five Years: Goldman Sachs

The projection suggests that the online retailers should maintain a growth of over 100% despite huge losses.

May 7, 2015

Play

Daimler gets go-ahead for open road tests of self-driving truck

Nevada has given Daimler AG, the worlds biggest truck maker, the go-ahead to test its self-driving heavy freight truck for the first time on the open road in ordinary traffic, the two sides announced on Tuesday (6 May).

May 7, 2015

Fashion E-tailer Jabong Sees Five-fold Increase in Losses on Deep Discounts

The company had spent about Rs 1.55 paise on every one rupee it earned through sales last year.

May 7, 2015

Scale of Price Increase in Crude Oil is Excessive, Says Commerzbank

Crude oil prices have witnessed an increase of 50% from its January low of $46 per barrel.

May 6, 2015

Sensex Plummets to 5-Month-Low by over 700 Points

The S&P BSE Sensex fell 722.77 points or 2.63% to close at 26,717.37, its lowest level so far this year.

May 6, 2015

Play

Edmund Shing: Apple v Microsoft in the technology boxing match of the century

Apple and Microsoft have been slugging it out for the crown for worlds most valuable firm since the dawn of the millennium.

May 6, 2015

Google, Yahoo Prefer Asians as Programmers, Not Senior Executives

A study by Ascend revealed disproportionate number of Asian workers in non-management jobs and leadership positions in the Silicon Valley.

May 6, 2015

Salman Khan Convicted: Mandhana, Eros Shares Witness Sell-off

Upon the verdict, share prices of Eros fell sharply by over 5% while Mandhana's shares went down by around 2%.

May 6, 2015

Infosys Shortlists Six Indian Startups for Investment: Report

India's second largest IT firm has set aside about $250 million (Rs 1,580 crore) for investment in Indian startups.

May 6, 2015

Growth, Currency Troubles for IT Sector Likely to Persist for Two More Quarters

Concerns facing domestic IT sector are likely to persist in the next two quarters despite signs of improvement in industry's outlook.

May 5, 2015

Kerala Weekend Box Office Collection: 'Chandrettan Evideya', 'Bhaskar The Rascal' Lead in Theatres; Slow Start for 'Uttama Villain'

Though "Uttama Villain" and "OK Kanmani" got good number of screens in Kerala, they have failed to make a mark at the box office in the state.

May 5, 2015

Infosys Asks West Bengal Govt to Accord SEZ Status to its Proposed Centre or Return ₹75 Crore Paid For Land

The Left Front govt had agreed to accord SEZ status to the proposed Infosys software centre as it was estimated to generate 15,000 jobs.

May 5, 2015

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