Companies

Infosys board clears Rs 13,000-crore share buyback at Rs 1,150 apiece

The tech bellwether expects the buyback to push higher return on equity and serve as an opportunity to put its cash holdings to good use.

Aug 19, 2017

jet airways, jet airways etihad, emirates, emirates 2017 results, etihad emirates merger, gulf carriers hit by us rules, laptops banned to us flights

Is this the real reason Jet Airways asked its pilots to take a salary cut?

Airline officials have now said that Jet Airways may have asked its pilots to take a salary cut after overestimating their pilot requirement and hiring more than necessary.

Aug 19, 2017

The unlikely Infosys: Board outrage drowns out distraction; and, discretion

A post-Sikka Infosys will need room for shareholder activism even if its board feels that co-founder Narayana Murthy has a 'My way or the highway' attitude.

Aug 18, 2017

Vishal Sikka's exit erodes Rs 22,000 crore of Infosys' market value

The company market value dropped to Rs 2.12 lakh crore from Rs 2.34 lakh crore as of Thursday's close.

Aug 18, 2017

Did IndiGo really cancel 84 flights over engine issues? Airline clarifies

IndiGo was forced to ground 13 planes over issues with its Pratt & Whitney engines.

Aug 18, 2017

infosys, infosys agm, n r narayana murthy, infosys cofounders, infosys founders, t v mohandas pai, infosys vishal sikka

Narayana Murthy hits back at Infosys board, says 'extremely anguished by allegations'

It is below my dignity to respond to such baseless insinuations, says Narayana Murthy.

Aug 18, 2017

infosys, ai replacing jobs, hiring at infosys, infosys ceo vishal sikka, it jobs, attrition at infosys, tcs hiring, wipro hiring

Vishal Sikka resigns as Infosys CEO and MD: The signs were there all along

Vishal Sikka, who will now get just $1 as executive vice-chairman of Infosys, might have hinted at his resignation as CEO and MD quite some time ago. Read to know more.

Aug 18, 2017

Murthy 'extremely anguished by allegations, tone and tenor' of Infosys statements

The Bangalore-based IT company has appointed Sikka as executive vice chairman in a newly created position.

Aug 18, 2017

Corporate governance in shambles with Ratan Tata, Narayana Murthy locking horns with their successors

Do the owners/founders have to question every move of their successors when they are running the business just because that they have diligently built the company over many summers?

Aug 18, 2017

Infosys CEO Vishal Sikka resigns; here's the FULL TEXT of his letter to the staff

Sikka said he was constantly defending against "false, baseless, malicious and increasingly personal attacks".

Aug 18, 2017

Vishal Sikka resigns as CEO and MD of Infosys over continued 'personal attacks'

Vishal Sikka, in his resignation letter, stated that he has communicated his decision to the Chairman of the Board R Seshasayee. Read to know more.

Aug 18, 2017

War continues: Tata Sons to snap business ties with Cyrus Mistry's SP Group

The move can put at risk business worth thousands of crores of rupees, as the SP Group holds about 18.4 percent stake in Tata Sons.

Aug 17, 2017

Indian MNCs continue mass hiring, slowdown trend to change

Accenture has 5,396 job openings in India, which is four times more than the openings in US.

Aug 17, 2017

Post Merger: SBI does the impossible, unions praise management

This comes after all major unions had strongly opposed the merger of six other nationalised banks with SBI and were wary of a step-motherly treatment of the migrating staff at the hands of the SBI management.

Aug 17, 2017

Infosys shares surge as board to consider buyback on August 19

Infosys is currently sitting on liquid assets -- cash and investment -- of over Rs 39,000 crore and is under pressure to distribute it to shareholders.

Aug 17, 2017

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Companies

Infosys board clears Rs 13,000-crore share buyback at Rs 1,150 apiece

Is this the real reason Jet Airways asked its pilots to take a salary cut?

The unlikely Infosys: Board outrage drowns out distraction; and, discretion

Vishal Sikka's exit erodes Rs 22,000 crore of Infosys' market value

Did IndiGo really cancel 84 flights over engine issues? Airline clarifies

Narayana Murthy hits back at Infosys board, says 'extremely anguished by allegations'

Vishal Sikka resigns as Infosys CEO and MD: The signs were there all along

Murthy 'extremely anguished by allegations, tone and tenor' of Infosys statements

Corporate governance in shambles with Ratan Tata, Narayana Murthy locking horns with their successors

Infosys CEO Vishal Sikka resigns; here's the FULL TEXT of his letter to the staff

Vishal Sikka resigns as CEO and MD of Infosys over continued 'personal attacks'

War continues: Tata Sons to snap business ties with Cyrus Mistry's SP Group

Indian MNCs continue mass hiring, slowdown trend to change

Post Merger: SBI does the impossible, unions praise management

Infosys shares surge as board to consider buyback on August 19

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]