Companies

Sahara looking to net Rs 37,000 crore with Aamby Valley sale

The auction notice was published inviting potential bidders for the city's sale.

Aug 14, 2017

No layoffs, TCS to stay in Lucknow for 2 years; do we hear a sigh of relief?

Tata Consultancy Services has said that it doesn't plan to lay off employees and the firm will continue to operate its Lucknow office for another two years.

Aug 14, 2017

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Digi attrition: SBI trims staff on back of active digitisation

SBI will cut staff strength and redeploy more than 10,000 employees following the merger of its six associate banks and digitisation.

Aug 14, 2017

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Will Narayana Murthy return to Infosys as talks of his role as chairman-emeritus heat up?

While Mohandas Pai had earlier said that Infosys should bring Murthy back as chairman emeritus, his thoughts have been echoed by former chief financial officer of Infosys V Balakrishnan.

Aug 14, 2017

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Indian Railways to earn Rs 500 crore from Wi-Fi video entertainment

Giant video content providers like Viacom18, Zee, Hungama and Shemaroo are eager to bid for the rights to provide video content on 3,000 trains through wireless intranet.

Aug 14, 2017

No recharge: Let down by policy engine, Tesla unlikely to pursue India plant

The government's 'Make in India' push mandates 30 per cent local sourcing, which Tesla feels will pose impediments to its India plans.

Aug 13, 2017

Indian Oil Corp writes new shale tale, fetches first consignment from US

In a first, IOC had last month sealed a deal to import 1.6 million barrels of Mars crude from the US and 400,000 barrels of Western Canadian Select oil for delivery at its Paradip refinery in Odisha.

Aug 13, 2017

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Shortage of skilled digital talent could threaten up to 2 lakh IT jobs in a year: Economic Survey

"The job cuts in IT sector will be between 1.75 lakh and 2 lakh annually for next three years due to under-preparedness in adapting to newer technologies," the survey said.

Aug 13, 2017

Digital degree: Flipkart leads rate race, is third on world's most funded list

Bengaluru-based Flipkart's fundraising stamina leaves Airbnb and Xiaomi in the dust.

Aug 12, 2017

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After Vistara, Jet Airways offers sops on business, economy seats

Base fares to be cheaper, number of seats to be available for sale not specified.

Aug 12, 2017

13,000 shell companies were identified prior to SEBI ban

Of the 331 firms facing trading curbs, 162 were actively traded while 169 were suspended for various violations of the listing agreement.

Aug 12, 2017

Making Panaya report public not prudent, says Ravi Venkatesan

Says Infosys made the Panaya disclosures in the appropriate manner, and people are innocent until proven guilty.

Aug 11, 2017

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Vijay Mallya ousted from directorship of United Breweries

Market regulator SEBI, had in January this year, directed United Spirits to detail steps taken to recover diverted money of Rs 1,880.8 crore from Mallya.

Aug 11, 2017

Bad loan eat into SBI profits, Q1 net falls 20.4% to Rs 2,005.5 cr

The bank's asset quality worsened, with gross NPAs surged by 85.21 percent to Rs 1.8 lakh crores (Rs 1.88 trillion) at the end of the June quarter from Rs 1 lakh crore (Rs 1.01 trillion) in the same quarter last year.

Aug 11, 2017

Employment picks up in July buoyed by GST

Big recruitment firms such as Monster and Randstad India saw a surge in the job market activity and expect the momentum to continue on positive impacts of GST.

Aug 11, 2017