Companies

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United Spirits Q1 profit grows 43.6% despite alcohol ban

Company revenues fell to Rs 5,847.7 crore from Rs 5,877.2 crore on back of falling number of retail outlets, alcohol ban.

Jul 24, 2017

Feeling the automation heat? ITC Infotech to acquire smaller firms to ramp up digital services game

ITC Infotech is planning to buy out smaller companies valued in the range of Rs 320 crore in a bid to ramp up its game in the digital technology market and innovate AI and Internet of Things.

Jul 24, 2017

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Axis Bank gears up for competition as Amazon makes a bid in the range of Rs 500 crore for Freecharge

It was earlier reported that Axis Bank was leading the race to acquire digital payments platform Freecharge and was even said to be conducting due diligence.

Jul 24, 2017

Home base: Not briefing Tata trusts on every move I make, says Chandra

Tata group will prune portfolio and sell underperforming firms, says chairman, points out that group has priorities other than Nano.

Jul 23, 2017

Megahurts: 6 telecoms dodged license fee, spectrum charge, fudged income by over Rs 61,000 crore

Shorted revenues at Rs 7,697.62 crore; Bharti Airtel, Vodafone, Aircel, Idea, Reliance Communication and Sistema Shyam Teleservices Ltd named in CAG report.

Jul 22, 2017

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No change in the air: Trai rules out floor price for telecom services as of now

Consensus among telcos is that fixation of a floor price is not a workable idea.

Jul 22, 2017

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Investment dept told to prepare proposal for Air India sale

Dipam (Department of Investment and Public Asset Management) told to coordinate with Civil Aviation ministry.

Jul 22, 2017

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Malaysian company IHH Healthcare Berhad may still buy stake in Fortis: Report

A proposed fund-raising plan by IHH Healthcare subsidiary keeps hopes of buying a stake in Fortis Healthcare "alive", says BloombergQuint.

Jul 22, 2017

Adityanath to meet TCS COO; will it bring good news to Lucknow employees?

UP Chief Minister Yogi Adityanath will reportedly meet TCS' COO NG Subramaniam after August 10 and will speak to him regarding the firm's decision to shut down Lucknow operations.

Jul 22, 2017

Reliance invests in Balaji Telefilms, Israeli startup incubator JII

JII will invest in early-stage startups in the field of big data, analytics, artificial intelligence, fintech, storage, Internet of Things, and computer vision.

Jul 21, 2017

Net adrenaline: Reliance Industries net profit jumped 10,000-fold in 40 years

Jio phone for Rs 0, Mukesh Ambani announces 1 bonus share for every 1 share held

Jul 21, 2017

Running the world: 15 firms with women CEOs make it to Fortune Global 500 2017 list

The Fortune Global 500 list for the year 2017 was released on July 20 and 15 firms with women CEOs have made it to the list proving that women can do as well as men, if not better.

Jul 21, 2017

Walmart tops Fortune Global 500 list: Which are world's 100 largest companies?

Walmart has been ranked No. 1 on the Fortune Global 500 list for 2017, which is dominated by the US, followed by China and Japan.

Jul 21, 2017

Take 30% pay cut or leave: Jet Airways' junior pilots do not have much choice

In a bid to trim cost, Jet Airways is said to have made a few changes to the pilots' contracts and it will now be mandatory for them to take 10 days of leave in a month apart from their weekly offs.

Jul 21, 2017

Flare deal: ONGC's new test of resilience

The deal pushes great downstream growth for ONGC, but will need vision and a free hand to accomplish its ends.

Jul 20, 2017

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Companies

United Spirits Q1 profit grows 43.6% despite alcohol ban

Feeling the automation heat? ITC Infotech to acquire smaller firms to ramp up digital services game

Axis Bank gears up for competition as Amazon makes a bid in the range of Rs 500 crore for Freecharge

Home base: Not briefing Tata trusts on every move I make, says Chandra

Megahurts: 6 telecoms dodged license fee, spectrum charge, fudged income by over Rs 61,000 crore

No change in the air: Trai rules out floor price for telecom services as of now

Investment dept told to prepare proposal for Air India sale

Malaysian company IHH Healthcare Berhad may still buy stake in Fortis: Report

Adityanath to meet TCS COO; will it bring good news to Lucknow employees?

Reliance invests in Balaji Telefilms, Israeli startup incubator JII

Net adrenaline: Reliance Industries net profit jumped 10,000-fold in 40 years

Running the world: 15 firms with women CEOs make it to Fortune Global 500 2017 list

Walmart tops Fortune Global 500 list: Which are world's 100 largest companies?

Take 30% pay cut or leave: Jet Airways' junior pilots do not have much choice

Flare deal: ONGC's new test of resilience

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]