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Infosys to pay $1 million to settle visa violation case in New York

Infosys' $1 million settlement comes after a whistleblower claimed Infosys brought foreign IT workers to New York on a visitors visa and did not pay the applicable taxes.

Jun 24, 2017

Gear change: Face IT industry headwinds with the right skillsets

Tech services companies which invested in digital services are likely to be the only ones showing revival in growth rates in future.

Jun 23, 2017

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Wipro chairman's PremjiInvest objects to special payment to Snapdeal founders before Flipkart 'merger'

Snapdeal co-founders Kunal Bahl and Rohit Bansal, and investors Kalaari Capital and Nexus Venture Partners will get a total of $90 million prior to "merger" with Flipkart, triggering objections from PremjiInvest.

Jun 23, 2017

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Essar Steel, Bhushan Steel and Electrosteel are probably up for grabs; who would steal the steel deal?

Banks are all set to crack down on Essar Steel, Bhushan Steel, and Electrosteel to recover their dues. Will the lenders sell their firms to probable buyers like Tata Steel or JSW Steel?

Jun 23, 2017

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White collar rejig, layoffs at Tata Motors will save company Rs 400 crore

About 1,200-1,300 employees of Tata Motors have been reassigned or let go. Tata Motors plans to slash about 3,000 blue-collar jobs in the next 2-3 years.

Jun 23, 2017

Essar Steel, Electrosteels, Bhushan Steel face closure or sale

On Thursday, lenders led by State Bank of India decided to refer Essar Steel, Electrosteels and Bhushan Steel to the National Company Law Tribunal; the three companies together owe about Rs 1 lakh crore to banks.

Jun 23, 2017

Tata Steel's Noamundi mine wins 'Most Innovative Environmental Project Award'

A total of 80 companies from different sectors participated in GreenCO Summit 2107.

Jun 22, 2017

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Social Samosa founders launch ChaiBiscuit.com

ChaiBiscuits.com aims to be a social laundry bag that brings to the coffee table 'taboo and off-limit' topics in a light-hearted manner.

Jun 22, 2017

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Infosys, HDFC, HDFC Bank, ICICI Bank, TCS, Axis Bank are favourites among foreign investors

While foreign portfolio investors (FPIs) increased their stake in Infosys, HDFC Bank and Axis Bank between 2007 and 2017, they pared their holdings in ICICI Bank.

Jun 22, 2017

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Business news

Infosys to pay $1 million to settle visa violation case in New York

Gear change: Face IT industry headwinds with the right skillsets

Wipro chairman's PremjiInvest objects to special payment to Snapdeal founders before Flipkart 'merger'

Essar Steel, Bhushan Steel and Electrosteel are probably up for grabs; who would steal the steel deal?

White collar rejig, layoffs at Tata Motors will save company Rs 400 crore

Essar Steel, Electrosteels, Bhushan Steel face closure or sale

Tata Steel's Noamundi mine wins 'Most Innovative Environmental Project Award'

Social Samosa founders launch ChaiBiscuit.com

Infosys, HDFC, HDFC Bank, ICICI Bank, TCS, Axis Bank are favourites among foreign investors

Uber CEO Travis Kalanick resigns

HP Inc unveils Pavilion, Spectre convertibles with Windows Ink

Infosys Finacle wins four international banking excellence awards

New twists: Nepal recalls Ramdev's Patanjali products after microbial test 'fail'

Ad hawk's wings clipped: Realty firms must clear projects with RERA before promoting them

Clooney's tequila lapped up by Diageo for $1 billion