Business news

TCS added more employees than Wipro and Infosys put together in FY16

Tata Consultancy Services Limited added 34,187 employees on a net basis, more than 17,857 by Infosys and 14,695 by Wipro in 2015-16.

Apr 21, 2016

SEBI grants conditional nod to RBL Bank IPO

The Kolhapur-based bank is planning to raise about Rs. 1,100 crore through the proposed IPO.

Apr 21, 2016

Mexico: Oil plant explosion in Veracruz kills three and injures at least 30 others

Apr 21, 2016

Crude oil prices fall as major producers hint at output hike

Russia said on Wednesday it was prepared to push oil production to historic highs, just days after a global deal to freeze output levels collapsed.

Apr 21, 2016

Qualcomm profit forecast misses estimates as chip shipments drop

Qualcomm said it expects chip shipments to fall 13-22 percent to 175-195 million in the current quarter.

Apr 21, 2016

Wipro Q4 net profit falls 1.6%; company raises Q1 FY2017 IT revenue guidance to $1,901-1,939 million

Bengaluru-based Wipro announced its fourth-quarter and annual results for 2015-16 on Wednesday, including a share buy-back programme.

Apr 20, 2016

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Wipro announces decision to buy back 40 million shares

Wipro informed stock exchanges on Monday about the decision to buy back the shares for an amount not exceeding Rs. 2,500 crore.

Apr 20, 2016

Sugar production declines 2 million tonnes in India during October-April

India, the world's second-largest sugar producer, produced 24.3 million tonnes during October 2015-April 2016, down 8 percent (YoY).

Apr 20, 2016

Google gets lease of 100,000 sq ft office space in Bengaluru: Report

Google recently signed an agreement to lease office space at the Bagmane World Technology Centre in Bengaluru.

Apr 20, 2016

Tata Steel's Port Talbot chief launches management buyout

Stuart Wilkie, the managing director of Tata Steel's Port Talbot operations, is "seeking contribution of up to Â£10,000 from interested employees," Sky News reported.

Apr 20, 2016

Malaysian Airlines CEO Christoph Mueller heading for an early exit

Christoph Mueller, who joined the airline in May 2015, said he was quitting due to "changing personal circumstances."

Apr 20, 2016

Yahoo results edge past estimates in good sign for sale of business

Yahoo shares rose nearly 1 percent to $36.66 in light volume in extended trading on Tuesday.

Apr 20, 2016

HDFC to list up to 10% stake in life insurance JV

The Indian lender owned 61.63 percent of the joint venture, HDFC Life, as of the end of March.

Apr 20, 2016

RBL Bank opens dedicated branch in Bengaluru for start-ups

The branch will offer start-ups a range of banking services and help in tax and legal compliance through partners, RBL Bank said.

Apr 19, 2016

Sequoia Capital denies link with Aircel-Maxis case, says ED searches were for investments in Vasan Healthcare

Sequoia Capital allegedly misused India's foreign direct investment policy, CNN News 18 reported.

Apr 19, 2016

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Business news

TCS added more employees than Wipro and Infosys put together in FY16

SEBI grants conditional nod to RBL Bank IPO

Mexico: Oil plant explosion in Veracruz kills three and injures at least 30 others

Crude oil prices fall as major producers hint at output hike

Qualcomm profit forecast misses estimates as chip shipments drop

Wipro Q4 net profit falls 1.6%; company raises Q1 FY2017 IT revenue guidance to $1,901-1,939 million

Wipro announces decision to buy back 40 million shares

Sugar production declines 2 million tonnes in India during October-April

Google gets lease of 100,000 sq ft office space in Bengaluru: Report

Tata Steel's Port Talbot chief launches management buyout

Malaysian Airlines CEO Christoph Mueller heading for an early exit

Yahoo results edge past estimates in good sign for sale of business

HDFC to list up to 10% stake in life insurance JV

RBL Bank opens dedicated branch in Bengaluru for start-ups

Sequoia Capital denies link with Aircel-Maxis case, says ED searches were for investments in Vasan Healthcare

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]