Companies

Letting go, slowly: Govt to divest up to 25% stake in 4 defence firms via IPO floats

The government has so far sold equity in Hindustan Copper, Cochin Shipyard, HUDCO, L&T and the Dredging Corporation, among others.

Aug 4, 2017

Foe turns friend: Tata Group, Reliance Industries may join hands over telecom unit

Tata chairman N Chandrasekaran is working on a time-bound plan to sort out the telecom mess and has asked his deal-makers to explore all options.

Aug 4, 2017

Will Sikkim standoff affect Chinese realtor Country Garden's proposed Chennai project?

Country Garden, one of China's most popular township developers, is likely to set foot in India soon as it in talks with TVH Developers to buy a plot near the Adyar River in Chennai.

Aug 4, 2017

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Modi govt to push for agri startups; will it be a threat to farmers?

With Agri Udaan, startups will get access to space and laboratories for research to run their businesses.

Aug 4, 2017

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Infosys and high-level exits: Here's what CEO Vishal Sikka thinks

Infosys CEO Sikka has finally opened up about the senior level exits in the company and has suggested that it is not really a cause for concern as the firm's attrition is "far lower" than other companies.

Aug 4, 2017

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Tech Mahindra senior executives to take 10-20% pay cuts amid industry slowdown

About 20 of Tech Mahindra senior executives have offered to take a pay cut and have written an email, stating the same, to Tech Mahindra CEO CP Gurnani and chief people officer Rakesh Soni.

Aug 4, 2017

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Murthy back after the break, wants Panaya probe report made public

Sikka and his team are still struggling to move past the allegations and its aftermath after Murthy earlier this year demanded Panaya probe to go public.

Aug 3, 2017

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Changing fabric: Baba Ramdev gets knit-picky, pushes digital with FB, Google

New clothes line on the way, Patanjali to launch woven and machine-made offerings across 250 exclusive outlets by April next year.

Aug 3, 2017

Vishal Sikka completes 3 years, swears by $20 billion target

Sikka is still positive on his dual strategy to get in new businesses to improve Infosys' digital capabilities.

Aug 3, 2017

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India plans to curb cheap tyre imports from China with anti-dumping duty

Truck and bus radial (TBR) tyre imports from China pose a threat to Indian companies such as Apollo, Ceat, MRF and JK.

Aug 3, 2017

Buenos Aires-based Globant plans to hire techies to increase presence in India

Buenos Aires-based IT giant Globant has said that it plans to increase its presence in India and hire more people globally.

Aug 3, 2017

Using labour arbitrage to bring in Indian workers a mistake: Cisco chief

Chambers was in India to announce the creation of the US-India Strategic Partnership Forum (USISPF) which he says will take the relationship between the two countries, companies and people to the next level.

Aug 3, 2017

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Pharmed for growth: Diabetics, cardiac patients are new rural drug markets

Global pharma companies want to cash in on the rising cases of diabetes and heart diseases in the country's distant corner.

Aug 3, 2017

Essar Steel to face insolvency proceedings, finally

The Ahmedabad bench of the National Company Law Tribunal (NCLT) accepts insolvency proceedings initiated by State Bank of India and Standard Chartered Bank.

Aug 2, 2017

Tim Cook plans to turn India into next China for Apple

Apple has been engaged with the Narendra Modi government to receive sops for setting up full-fledged manufacturing units and not just iPhone assembly for over a year now.

Aug 2, 2017