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Google to double headcount in its India cloud business to take on Amazon and Microsoft

Google is looking at quite a big growth this year considering the cloud service market is likely to witness a 38 percent growth. Amazon, IBM and Microsoft already have public cloud data centres.

Jul 17, 2017

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This is how Mahindra Group plans to step up its US game

The planned investment will be allocated across business verticals. The growth will be led by Mahindra USA, which is expected to double revenues from $500 million to $1 billion.

Jul 17, 2017

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GMR likely to sell 49% stake in Hyderabad airport to Abu Dhabi Investment Authority: Report

The news lifted the share price of GMR Infrastructure on the BSE in early session on Monday.

Jul 17, 2017

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Google's Gita paradox: Detachment from 'results', duty to profit, and a EU penalty

Squeezing more juice out of a captive market is part and parcel of being the leader in a particular space; but Google is expected to be different.

Jul 15, 2017

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Gone with the wind? Inox Wind becomes first insolvency case in wind energy

Operational creditor Jeena & Company submitted to the company law tribunal that Inox Wind has outstanding payments of Rs 57.5 lakh as of March 25, 2017.

Jul 15, 2017

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Fuel, liquor can be brought under GST if states sort out problems: Modi minister

Minister of State for Civil Aviation Jayant Sinha said so while addressing traders and officials at an event in Dhanbad, Jharkhand.

Jul 15, 2017

Tata Group shareholders are poised for gains, thanks to N Chandrasekaran: Report

N Chandrasekaran had taken over as the chairman of Tata Sons in January following the abrupt ouster of Cyrus Mistry last October.

Jul 15, 2017

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Tata Steel pays £25 million bonuses to European managers while UK workers took pension cuts

The details of the payments made were leaked by a Dutch whistle blower, after which Tata Steel admitted that these bonuses had been paid to senior managers.

Jul 15, 2017

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 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

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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

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

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

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

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Infosys reports marginal fall in June quarter net profit

Shares up as Infosys raises revenue guidance for fiscal 2018.

Jul 14, 2017

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