Companies

Insolvency case: Gujarat HC dismisses Essar Steel petition challenging RBI

Essar Steel's petition had challenged the RBI directive to banks for initiating insolvency proceedings against it

Jul 17, 2017

TCS may further reduce its employee headcount after plans to shut down Lucknow office

While Tata Consultancy Services has said that it may reduce its employee headcount to deal with the economic slowdown, it clarified that it does not plan to lay off its existing employees.

Jul 17, 2017

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Tech Mahindra to hire over 2,000 workers in the US in 2017

Speaking about the US hiring, Tech Mahindra explained that this was in tune with the US government making it clear that it would like companies to hire locals.

Jul 17, 2017

More 'kick' brewing: Diageo checks lager picture, withholds $35 mn from Mallya

Diageo says to pursue dues of $135 million and push claim for Mallya's pledged stake in Force India Formula 1 team.

Jul 17, 2017

TVS Motors plans Rs 500 cr investment in operations this year, new launches

Apache RR to be developed jointly with BMW will be priced at Rs Rs 1.25-1.5 lakh.

Jul 17, 2017

Google to double headcount in its India cloud business to take on Amazon and Microsoft

Google is looking at quite a big growth this year considering the cloud service market is likely to witness a 38 percent growth. Amazon, IBM and Microsoft already have public cloud data centres.

Jul 17, 2017

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This is how Mahindra Group plans to step up its US game

The planned investment will be allocated across business verticals. The growth will be led by Mahindra USA, which is expected to double revenues from $500 million to $1 billion.

Jul 17, 2017

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GMR likely to sell 49% stake in Hyderabad airport to Abu Dhabi Investment Authority: Report

The news lifted the share price of GMR Infrastructure on the BSE in early session on Monday.

Jul 17, 2017

Google's Gita paradox: Detachment from 'results', duty to profit, and a EU penalty

Squeezing more juice out of a captive market is part and parcel of being the leader in a particular space; but Google is expected to be different.

Jul 15, 2017

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Gone with the wind? Inox Wind becomes first insolvency case in wind energy

Operational creditor Jeena & Company submitted to the company law tribunal that Inox Wind has outstanding payments of Rs 57.5 lakh as of March 25, 2017.

Jul 15, 2017

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Fuel, liquor can be brought under GST if states sort out problems: Modi minister

Minister of State for Civil Aviation Jayant Sinha said so while addressing traders and officials at an event in Dhanbad, Jharkhand.

Jul 15, 2017

Tata Group shareholders are poised for gains, thanks to N Chandrasekaran: Report

N Chandrasekaran had taken over as the chairman of Tata Sons in January following the abrupt ouster of Cyrus Mistry last October.

Jul 15, 2017

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Tata Steel pays £25 million bonuses to European managers while UK workers took pension cuts

The details of the payments made were leaked by a Dutch whistle blower, after which Tata Steel admitted that these bonuses had been paid to senior managers.

Jul 15, 2017

Wipro to announce Q1 results next week, share buyback on the cards

Bengaluru-based IT software services exporter Wipro had cash and cash equivalents worth Rs 5,271 crore as of March 31 2017.

Jul 15, 2017

Tata Consultancy Services to increase Bhubaneswar unit's employee capacity by 3,000

Tata Consultancy Services' currently houses 3,200 employees at its Bhubaneswar facility and intends to increase the unit's capacity by 3,000 amid reports of its Lucknow office being shut down.

Jul 15, 2017

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Companies

Insolvency case: Gujarat HC dismisses Essar Steel petition challenging RBI

TCS may further reduce its employee headcount after plans to shut down Lucknow office

Tech Mahindra to hire over 2,000 workers in the US in 2017

More 'kick' brewing: Diageo checks lager picture, withholds $35 mn from Mallya

TVS Motors plans Rs 500 cr investment in operations this year, new launches

Google to double headcount in its India cloud business to take on Amazon and Microsoft

This is how Mahindra Group plans to step up its US game

GMR likely to sell 49% stake in Hyderabad airport to Abu Dhabi Investment Authority: Report

Google's Gita paradox: Detachment from 'results', duty to profit, and a EU penalty

Gone with the wind? Inox Wind becomes first insolvency case in wind energy

Fuel, liquor can be brought under GST if states sort out problems: Modi minister

Tata Group shareholders are poised for gains, thanks to N Chandrasekaran: Report

Tata Steel pays £25 million bonuses to European managers while UK workers took pension cuts

Wipro to announce Q1 results next week, share buyback on the cards

Tata Consultancy Services to increase Bhubaneswar unit's employee capacity by 3,000

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]