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Fate of ABG Shipyard, Amtek Auto likely to be decided by Tribunal today: Report

ABG Shipyard owes about Rs 17,000 crore while Amtek Auto's debt is an estimated Rs 14,000 crore.

Jul 20, 2017

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ONGC chairman says HPCL will continue to remain listed after acquisition

On Wednesday, the Centre gave in-principle approval for the buyout of HPCL by ONGC, triggering scope for similar M&As in the oil and gas sector.

Jul 20, 2017

Thought only Infosys had crorepati executives? You haven't seen TCS' list yet

TCS paid salaries amounting up to Rs 1 crore to its employees in India in FY2017, and the amount is much higher than what its competitors Infosys and Wipro shelled out to its employees.

Jul 20, 2017

Accenture spending $900 million to re-skill and train its workforce

Accenture is spending $900 million on training and re-skilling its employees, through which it aims to be in sync with newer technologies which in turn will help it land newer businesses.

Jul 19, 2017

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Fortis promoter sells 13.5 million shares, Japanese bank buys stake in Reliance Capital

The two companies, Fortis Healthcare and Anil Ambani's Reliance Capital, have been hogging the limelight for various reasons.

Jul 19, 2017

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IT layoffs: Are techies really depressed over fear of losing jobs?

Speaking about the reports of how techies have been turning to online counselling and calling help lines, Mohandas Pai said that some people are anxious but the depression is "exaggerated."

Jul 19, 2017

L&T Infotech focuses on hiring in India even as IT firms ramp up US recruitment

Larsen and Toubro Infotech has said that the firm's focus remains on India and that is where most of the hiring activity is going to take place, even as many IT firms are hiring in the US.

Jul 19, 2017

Air India narrows losses for FY17, operating profit skyrockets

For the financial year 2016-17, national carrier reported net loss of Rs 3,643 crore from Rs 3,836 crore in the preceding fiscal.

Jul 19, 2017

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Air India chief Ashwani Lohani says stake sale 'a win-win' for employees amid reports of staff buyout

Apart from outlining the benefits of Air India's disinvestment from the business point of view, Lohani also said that the employees would enjoy working under a corporate structure.

Jul 19, 2017

Excess baggage: Air India may offer voluntary retirement to 15,000 staffers ahead of selloff

Previous attempts to offload the airline have failed because of the scale and complexity of problems at Air India, and resistance from its influential unions.

Jul 18, 2017

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Smoke alarm: Cigarette cess spooks markets, bears strike in the guise of ITC, Reliance

Biggest fall since November 2016 as Nifty ends below 9,850; BSE Sensex dragged down by index heavyweights ITC and Reliance Industries.

Jul 18, 2017

Hindustan Unilever posts upbeat results for June quarter

Net profit rises 9 percent while revenues grow 5 percent YoY despite volumes remaining almost flat.

Jul 18, 2017

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A breath of fresh air: US-based Softvision to hire 500 techies in Bangalore

Softvision requires engineers in specific departments such as mobility iOS, Java Scala and Android and plans to take on board the engineers over the next 12 months.

Jul 18, 2017