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Salil Parekh

Infosys raises revenue growth outlook to 9%; proposes share buyback

Infosys Q3 data beat TCS and expected to buoy market as the company seeks to repurchase Rs 8,260 crore stocks in second such programmes in two years. Jan 12, 2019
Jose Munoz

Nissan top executive Jose Munoz resigns amid broadened Ghosn probe

In a statement, Nissan said that Munoz had "elected to resign" from the company, effective immediately. The company declined to offer details. Jan 12, 2019
SpaceX, Falcon Heavy rocket, Elon Musk,

SpaceX is laying off 10% of it's workforce, Here's why

"Either of these developments, even when attempted separately, have bankrupted other organisations. This means we must part ways with some talented and hardworking members of our team. Jan 12, 2019
Bombay Stock Exchange (BSE)

Eveready, one of India's oldest brands, up for sale; shares zoom 18%

Eveready says it has over 50 percent market share in India's batteries segment and holds 75 percent of the country's organised flashlights market. Jan 11, 2019
Ford Motor Company

Ford to cut thousands of jobs as part of restructuring plans, may shut down plants

While the automaker did not specify the number of employees that would be affected, it did reveal that the number could go up to "thousands," and would include salaried as well as hourly workers. Jan 11, 2019
Jet Airways

Jet Airways may return to negotiating table with Tata Group

Talks with foreign partner Etihad have remained inconclusive over cash infusion requirement after 'preliminary' contacts with the Indian conglomerate. Jan 11, 2019
Tata Consultancy Services

TCS Q3 results announced, profit jumps 24% YoY to Rs 8,105 crore

Tata Group's flagship company reported Rs 8,121 crore consolidated net profit for the quarter (Q3) under review, registering 24 per cent annual growth from Rs 6,545 crore in the same period a year ago. Jan 11, 2019
yes bank

Yes Bank finalises names for top posts as deadline looms

Yes Bank had submitted the names to Reserve Bank of India and said that it will disclose the candidates upon the RBI's approval. Jan 10, 2019
silicon valley bank

Silicon Valley Bank to start operations in Bengaluru, hire 200 people in next 18 months

Silicon Valley Bank is one of the largest banks in the US and has invested in over 30,000 start-ups. Jan 10, 2019
jlr sales may 2017, jaguar sales may 2017, land rover may 2017 sales, tata motors share price, motilal oswal on tata motors

Tata Motors' JLR to cut jobs in thousands amid China sales crunch - Report

Reuters reports that the move comes in the wake of fears that the premium carmaker will see a double-digit drop in China demand. Jan 10, 2019
Gautam Singhania

Gautam Singhania to quit as Raymond Chairman as bitter fight with father worsens

Gautam's move to earn a pre-publication injunction on his father's autobiography 'The Incomplete Man' was turned down earlier this week by a Mumbai court. Jan 10, 2019
ICICI Bank

ICICI Bank shares hit all-time high on 'positive valuations, asset quality'

Brokerage Morgan Stanley says that valuations for the stock remained attractive and that it expects a 15 percent return on equity in FY20. Jan 9, 2019
Air India Airbus A320 passenger aircraft.

Upgrade to Air India business class: Here's all you need to know about new bidding system

This system has been started on flights operating to the US, Europe, Australia, Japan and Hong Kong. It hasn't begun on flights being operated to the Gulf region. Jan 9, 2019
Naresh Goyal of Jet Airways

Naresh Goyal's exit can alone save Jet Airways from becoming another Kingfisher?

The report says SBI could possibly convert its debt to equity in Jet Airways when the Rs 8,000 crore debt is recast. Jan 9, 2019
air india, qatar airways, atf prices in india, jet fuel prices in india, indian civil aviation, domestic air traffic

Trouble continues at Air India; salaries delayed for second month in row

Last month, Air India's pilot union claimed that a large number of pilots were defaulting on their bank loans and other financial commitments due to the salary delays. Jan 9, 2019
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