Companies

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Infosys reports marginal fall in June quarter net profit

Shares up as Infosys raises revenue guidance for fiscal 2018.

Jul 14, 2017

Will Snapdeal merge with Infibeam and create $2 billion firm after rejecting Flipkart's buyout bid?

While it is being said that Infibeam has even put in a term sheet and may value Snapdeal at $1 billion, the Ahmedabad-based firm has denied that it has made any bid for the online marketplace

Jul 14, 2017

Tilting at turbines: Fanning wind energy growth will need time; and, a perfect storm

India's renewable energy targets for 2022 seem steep for an industry hamstrung by spatial and technological limitations.

Jul 13, 2017

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Catholic Syrian Bank mulls IPO again: Report

The Kerala-based private bank could not succeed in selling stake to Prem Watsa's Fairfax Financial Holdings and is now exploring listing as an option.

Jul 13, 2017

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Washing up: Vijay Mallya laundered Rs 1,301.67 crore, says Enforcement Directorate

The agency alleged that the only purpose of 13 shell companies under Mallya's control was to either obtain loans or launder money.

Jul 13, 2017

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BSNL undersea cable project puts Modi govt in a spot: Report

The project envisaging undersea cable, connecting Chennai and Port Blair, assumes significance in the context of the Sikkim standoff between India and China.

Jul 13, 2017

TCS to shut down Lucknow operations leaving 2,000 IT employees in limbo

The employees of Tata Consultancy Services' Lucknow office, whose future now seems uncertain, have written to Uttar Pradesh Chief Minister Yogi Adityanath requesting an intervention

Jul 13, 2017

Walmart's 15 new stores in Maharashtra set to create about 30,000 jobs in the state

The new Walmart outlets in Maharashtra will be operational in the next two years and will an investment of Rs 900 crore, it will create about 30,000 direct and indirect jobs.

Jul 13, 2017

Google acquires Bangalore's 4-month-old artificial intelligence firm Halli Labs

The Bangalore-based start-up, Halli Labs that is just four months old, works towards building deep learning and machine learning systems and has now been acquired by Google.

Jul 13, 2017

Nitin Seth new chief people officer at Flipkart

Former COO Nitin Seth sends Flipkart legal notice over the way he was fired

Ex-COO Nitin Seth believes that he was illegally ousted and hence has decided to take legal action against e-commerce giant Flipkart

Jul 13, 2017

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Wipro closes down Mysuru manufacturing unit: Report

Lack of demand for CFL products and preference for LED equipment forced Wipro to shut down the Mysuru unit and give VRS to 84 workers.

Jul 12, 2017

Tata Steel sells two UK pipe mills to Liberty House Group

The mills in Hartlepool employ 140 people and have a production capacity of over 250,000 tonnes a year.

Jul 11, 2017

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Air India sale: India is a target for foreign airlines, PE investors, says report

Fast-growing domestic air traffic business makes India an attractive destination.

Jul 11, 2017

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IT layoffs: Hyderabad High Court issues notice to Tech Mahindra for illegal job cuts

Hyderabad High Court's Justice M S Ramachandra Rao issued notices to Tech Mahindra and the state of Telangana for unlawful job cuts, and they will have three weeks to respond.

Jul 11, 2017

Flipkart to make another buyout offer this week after Snapdeal rejected its $800 million bid

Flipkart's new offer is expected to be closer to its initial bid of $1 billion and if it goes through, the deal with Snapdeal would take about a month to be completed.

Jul 11, 2017

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Companies

Infosys reports marginal fall in June quarter net profit

Will Snapdeal merge with Infibeam and create $2 billion firm after rejecting Flipkart's buyout bid?

Tilting at turbines: Fanning wind energy growth will need time; and, a perfect storm

Catholic Syrian Bank mulls IPO again: Report

Washing up: Vijay Mallya laundered Rs 1,301.67 crore, says Enforcement Directorate

BSNL undersea cable project puts Modi govt in a spot: Report

TCS to shut down Lucknow operations leaving 2,000 IT employees in limbo

Walmart's 15 new stores in Maharashtra set to create about 30,000 jobs in the state

Google acquires Bangalore's 4-month-old artificial intelligence firm Halli Labs

Former COO Nitin Seth sends Flipkart legal notice over the way he was fired

Wipro closes down Mysuru manufacturing unit: Report

Tata Steel sells two UK pipe mills to Liberty House Group

Air India sale: India is a target for foreign airlines, PE investors, says report

IT layoffs: Hyderabad High Court issues notice to Tech Mahindra for illegal job cuts

Flipkart to make another buyout offer this week after Snapdeal rejected its $800 million bid

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]