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MAS Financial Services Shares trading at 44% premium on listing day

The NBFC's Rs 460 crore initial public offer (IPO) had received an overwhelming response from investors as it was oversubscribed 128.39 times. Oct 18, 2017
Airtel unlimited calls, free 4G data offers

Airtel to phase out 3G in two years: VoLTE coming soon

Gopal Vittal, chief executive and managing director of Airtel said that the company plans to launch its own VoLTE (a 4G voice network) service by March 2018 Oct 18, 2017
Axis Bank

Axis Bank posts disappointing Q2 result; asset quality worsens

Axis Bank's non-performing assets (NPAs) have been rising for the last nine quarters. Oct 17, 2017
Oil and gas

Reliance, BP line up Rs 9,750 crore fund to develop six satellite gas fields

RIL and BP plan to develop four deep sea satellite gas finds in the Krishna Godavari basin. Oct 17, 2017
Jobs and hiring

Festive season boosts temporary recruitment amid lacklustre economic growth

While the salaries for temporary profiles are unchanged, the demand has however shot up. Oct 17, 2017
Aadhaar

More companies now shift focus to Aadhaar for easy employee verification process

A leading business services provider, Quess, has hired more than 30,000 employees using Aadhaar verification over the last few months. Oct 17, 2017
Apple iPhone 8

Apple to tap digital payment business in India, partnering local players

Rather than building a new payments solution from scratch, Cue hinted that it would launch Apple Pay in India, it will look for local players to partner and integrate its payment service. Oct 16, 2017
Flipkart

Flipkart in early talks to buy stake in BookMyShow in push against Paytm

Flipkart wants to invest fresh capital into BookMyShow and also buy shares from some of its investors. Oct 16, 2017
Vijay Mallya

Vijay Mallya firms had business with company named in Panama Papers, UK probe finds

SFIO said in its report that an overseas subsidiary of United Breweries based in the British Virgin Islands, bought 1.67 crore shares of Kingfisher Airlines, nine days before it got merged with Deccan Aviation for Rs 50.02 crore. Oct 16, 2017
Tata Steel

Tata Steel to tap women power; aims to achieve 20% women in its workforce by 2020

The firm's diversity targets have been taken for the overall organisation and it is open in employing women across all roles and levels. Oct 15, 2017
Rajesh Gopinathan

Digital deals increasing significantly in size, says TCS chief Rajesh Gopinathan

Revenue from digital engagements contributed 19.7 percent of TCS' total revenue of Rs 30,541 crore in July-September 2017 quarter. Oct 15, 2017
infosys, infosys layoff, infosys hiring, it jobs, vishal sikka

Infosys executives Abdul Razack and Pervinder Johar quit in fresh blow to IT giant

While this could be a part of new chairman Nandan Nilekani's restructuring plan, Abdul Razack and Pervinder Johar's resignations have raised quite some eyebrows. Oct 14, 2017
Yamuna Expressway

Insolvency: Jaypee Infra wants to sell Yamuna Expressway for Rs 2,500 crore

As of 31 March 2017, consolidated debt of the company stood at Rs 7,922 crore with a negative interest coverage ratio. Oct 13, 2017
Reliance Industris Ltd

Reliance Industries Q2 net profit rises 12.8%, Jio posted loss of Rs 271 crore

On a standalone basis, the company reported a net profit of Rs 8,265 crore, up 7.28 percent for the quarter ended September 2017. Oct 13, 2017
Airtel

Airtel gets Tata's billion-dollar business almost for FREE

It's a debt-free cash-free deal, where the Bharti Airtel will get 40 million Tata customers, absorb Tata Teleservices's operations across the country in nineteen circles. Oct 13, 2017
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