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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
iGate

IT firms trim Q1 headcount by 3,000, first sequential fall in a decade

The decline in staff could well suggest that there is a slowdown in the industry. Aug 31, 2017
Air Costa

Air Costa yet to refund customers since suspending flight operations in February

Air Costa is the second low-cost airline in India to ground operations this year after Bengaluru-based Air Pegasus. Aug 31, 2017
Defense equipment

Larsen & Toubro eyes India's defence orders worth Rs 1.8 lakh crore

Prime Minister Narendra Modi came up with a new defence purchase policy, which allows private, non-state, local firms to compete for orders from the military Aug 30, 2017
A Ford self-driving delivery vehicle is pictured in front of a Domino's pizza restaurant

Ford driverless cars could eat into Dominos pizza delivery jobs

Ford is tying up with Domino's to test self-driving cars for pizza delivery. Read to know more. Aug 30, 2017
ola, olacabs, ola cabs, ola ceo bhavish aggarwal, ola founders, ola rival uber, cab hailing services in india

Ola-Uber competition hots up; now drivers offered free insurance cover

Uber drivers will get insurance cover of Rs 5 lakh in the event of death or permanent disability, up to Rs 2 lakh for hospitalisation and up to Rs 50,000 for OPD treatment. Aug 30, 2017
India restaurant

India's restaurant business gathers steam after 2 years

Stocks of three listed restaurant companies in India touched 52-week highs in August Aug 30, 2017
N R Narayana Murthy

Nandan Nilekani will bring back 'acche din' to Infosys, says Narayana Murthy

"I am confident that the management team and professionals at Infosys will rally behind Nandan and bring back the glory days," Murthy said. Aug 30, 2017
rbi rule deposit of rs 5000 more than demonetisation modi govt currency ban

Down and out: Videocon, JP Associates, IVRCL may be dragged to NCLT's doors

Most are from the power and infrastructure sectors and are on RBI's second list of loan defaulters. Aug 29, 2017
Michael Bloomberg

Bloomberg charity scrutinised by India for anti-tobacco funding, lobbying

The government has since 2014 tightened surveillance of non-profit groups, saying they were acting against India's national interests. Aug 29, 2017
NTPC

NTPC divestment: Institutional investor quota oversubscribed 1.28 times

The government owns nearly 70% stake in NTPC and has set a floor price of Rs 168 apiece, aiming to raise around Rs 7,000 crore. Aug 29, 2017
Vodafone India

Hanging on a line: Taxman wants Rs 32,000 crore hug from Hutchison over Vodafone deal

The fine is on top of a tax demand for the same amount over the telco's $11.1-billion purchase of Hutchison assets in 2007. Aug 29, 2017
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