Companies

Former TCS chief executive officer N Chandrasekaran took home Rs 25 crore as commission for FY 2017

N Chandrasekaran, who was with TCS before moving to Tata Sons this February, got Rs 30 crore for 2016-17, including commission.

May 30, 2017

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Bank of Baroda, Paytm in race to buy Snapdeal-owned FreeCharge: Report

Digital payments company FreeCharge, which was acquired by Flipkart's rival Snapdeal two years ago, is reportedly up for sale.

May 30, 2017

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Unitary Helion launches early stage fund, eyes $100 million, Teamlease acquires Freshersworld.com

Rahul Chandra, currently MD of Helion Venture Partners, said Unitary Helion will invest in fintech, digital marketplaces and value chain innovation in core sectors.

May 30, 2017

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Larsen & Toubro reports 30% rise in Q4 net profit, declares 1:2 bonus

Mumbai-based engineering and construction company Larsen & Toubro says its order book stood at Rs 261,341 crore.

May 29, 2017

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Jet Airways, SpiceJet stocks end lower ahead of Q4 results

Budget carrier SpiceJet will be declaring results on June 3 and Jet Airways, on Tuesday (May 30); share price of the two carriers end with minor losses.

May 29, 2017

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VietJet to become first Vietnamese company to seek overseas listing

Nguyen Thi Phuong Thao, VietJet's founder and chief executive officer, says London, Hong Kong and Singapore stock exchanges have approached her.

May 29, 2017

IT layoffs: Cognizant job cut plea closed in favour of retrenched employees; what's next?

The relief comes after eight employees had filed a plea with the labour department saying that Cognizant had sacked many of its employees on the basis of the annual performance appraisal.

May 29, 2017

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ITC posts 12% rise in Q4 net profit on excise duty savings, revenues up 6%

For the fourth quarter (Q4) ended March 2017, ITC's net profit stood at Rs 2,669 crore, helped by Rs 500 crore saved on account of excise duty.

May 27, 2017

India-born Rajeev Misra joins Japan's SoftBank board

Rajeev Misra and four others will be formally elected on June 21, SoftBank said.

May 27, 2017

Rakesh Sarna, head of Tata's hotel business, resigns; will leave in September

Rakesh Sarna, the chief executive and managing director of Tata Group's hotel business, said he was stepping down for personal reasons.

May 27, 2017

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Tech Mahindra Q4 net profit plunges 33%

Consolidated revenue grew 9.9 percent to Rs 7,733 crore for the quarter under review.

May 27, 2017

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ONGC Q4 net profit falls 6% to Rs 4,340 crore

Total income for the March 2017 quarter (Q4) increased by 29.24 percent to Rs 26,233.56 crore.

May 27, 2017

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Indian firms' foreign borrowings in April triple to $1.30 billion

The external commercial borrowings (ECBs) of Indian companies went up more than three-fold to $1.30 billion in April; the corresponding figures stood at $304.57 million in the same month last year, the Reserve Bank of India has said.

May 27, 2017

IT Layoffs: Cognizant opens up about 'voluntary separation offer,' says beneficial to new generation of employees

Cognizant also said that this is the first time that the company has introduced an offer like this, whereas other firms have been doing it for years.

May 26, 2017

Wipro issues 4 lakh equity shares under stop option plans; HCL Tech stock buyback at Rs. 1,000 per share

The equity shares issued by Bengaluru-based IT software services company are under Restricted Stock Unit Plans 2004, 2005 and 2007.

May 24, 2017

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Companies

Former TCS chief executive officer N Chandrasekaran took home Rs 25 crore as commission for FY 2017

Bank of Baroda, Paytm in race to buy Snapdeal-owned FreeCharge: Report

Unitary Helion launches early stage fund, eyes $100 million, Teamlease acquires Freshersworld.com

Larsen & Toubro reports 30% rise in Q4 net profit, declares 1:2 bonus

Jet Airways, SpiceJet stocks end lower ahead of Q4 results

VietJet to become first Vietnamese company to seek overseas listing

IT layoffs: Cognizant job cut plea closed in favour of retrenched employees; what's next?

ITC posts 12% rise in Q4 net profit on excise duty savings, revenues up 6%

India-born Rajeev Misra joins Japan's SoftBank board

Rakesh Sarna, head of Tata's hotel business, resigns; will leave in September

Tech Mahindra Q4 net profit plunges 33%

ONGC Q4 net profit falls 6% to Rs 4,340 crore

Indian firms' foreign borrowings in April triple to $1.30 billion

IT Layoffs: Cognizant opens up about 'voluntary separation offer,' says beneficial to new generation of employees

Wipro issues 4 lakh equity shares under stop option plans; HCL Tech stock buyback at Rs. 1,000 per share

International Tiger Day: PM hails wildlife lovers; Expert insists on more conservation efforts

Kishtwar cloudburst: Rescue teams reach Honjar; 19 villagers including 8 women still missing [details]

Bob Odenkirk: Better Call Saul star collapses on the sets after heart-related incident