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Patanjali atta noodles

FMCG firms to spend more on promotion: Festive season boost or Patanjali effect?

FMCG companies are planning to spend 15-20 percent more on promotion of their goods in the September-December period. Read to know what fuelled this decision. Sep 4, 2017
paytm, freecharge, paytm to acquire freecharge, snapdeal acquires freecharge, indian fintech companies, digital payments, digital wallet

Festive sales: Paytm to pump in Rs 1,000 crore for promotional offers

To stay ahead in the competition, Paytm is not only making its sales offer online but offline as well. Sep 4, 2017
nirmala sitharaman, exporters, modi minister, pm modi, modi govt., indian economy, india external trade, exports, imports

Nirmala Sitharaman as defence minister is good news for Make in India

Despite, having many home-based defence companies, India is still one of the largest importers of defence products. Sep 4, 2017
Francisco D'Souza

Activist shareholders are our owners, says Cognizant CEO in rare interview

Activism can be empowering, is not to be seen as a risk, but a constructive factor, Francisco D'Souza told HT Mint. Sep 3, 2017
Narayana Murthy and Nandan Nilekani

Cashing in: Infy founders, including Murthy, Nilekani, put up shares worth Rs 2,038 cr for buyback

At the buyback price of Rs 1,150 apiece, the promoters will earn as much as Rs 2,038.94 crore, if the 1.77 crore shares tendered by them are accepted in the buyback offer. Sep 3, 2017
Amazon India

Taxman chomps away at discounts, e-commerce firms face the heat

The income tax department says online customer discounts are not marketing costs, but capital expenditure to be included in revenues. Sep 2, 2017
Nike

Tripping up: Nike ticks 20% staff off its India roster

Oregon-headquartered Nike has gasped for breath in a demanding Indian market, and had closed its cricket bat sponsorship deals to save on costs. Sep 2, 2017
infosys q3 fy2017 results vishal sikka share price

Infosys seeks shareholder nod to appoint Pravin Rao as MD

Rao will continue to perform his role of COO and interim CEO along with that of MD while drawing his current remuneration. Sep 2, 2017
Indian banks capital adequacy ratio

Pay up or begone, Supreme Court tells managements of defaulting firms

SC ruled in favour of ICICI Bank in the case of Innoventive Industries which owes banks over Rs 950 crore. Sep 2, 2017
Infosys

Infosys says engaging with shareholders on governance standards

Stronger corporate governance oversight and transparency in communication with investors and shareholders of the company was the key demand of the founders led by N R Narayana Murthy. Sep 1, 2017
rajeev misra appointed as softbank board member, rajeev misra profile, softbank investments in india, softbank vision fund

SoftBank keen to end road rage between Ola, Uber

If the deal to invest in Uber fructifies, it might shake Ola's confidence and trigger a more intense rivalry between the two ride-sharing companies. Sep 1, 2017
R Seshasayee

Former Infosys Chairman Seshasayee asks Murthy to stop "personal attack"; here is the FULL TEXT

In a statement issued along with two board directors, Seshasayee asked Murthy to not make "false and slanderous accusations against" him over alleged governance failures during his term. Sep 1, 2017
Fighter jet

Adani to partner Saab to build single-engine fighter jets in India

The partnership will throw direct competition to US defence giant Lockheed Martin and French aircraft manufacturer Dassault who have tied up with Tata and Reliance respectively. Sep 1, 2017
baleno maruti suzuki march car sales

Car sales August 2017: This is how Maruti Suzuki, Hyundai, Tata Motors and others performed

Automakers are expecting increased sales momentum to continue post-GST implementation. Sep 1, 2017
BSNL

Government defers BSNL stake decision as Jio rocks sector

The entry of Jio, backed by billionaire Mukesh Ambani's Reliance Industries, has shaken the entire sector, not just BSNL, says a Reuters report. Aug 31, 2017
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