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Microsoft

Microsoft likely to lay off thousands of employees in massive corporate rejig: Report

While the intention behind the rejig is yet to be known, a document that seems to be a company memo says that it is a part of the company's plans to help its customers with "digital transformations." Jul 4, 2017
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Nandan Nilekani, Helion's Sanjeev Aggarwal launch $100 million start-up fund

The Fundamentum Partnership will invest in early stage start-ups, say Nandan Nilekani and Sanjeev Aggarwal. Jul 4, 2017
Air India

Air India divestment: More positives than negatives to a Maharaja's selloff

Was the intangible benefits of holding on to a 13 percent market share worth pouring red ink on a battered balance-sheet? The government didn't think so. Jul 3, 2017
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Two wheeler sales June 2017: Hero Motocorp, TVS, HMSI, Royal Enfield report growth, Bajaj Auto volumes fall

June was a mixed bag for two-wheeler companies, with HMSI, Hero Motocorp, Royal Enfield and TVS Motor reporting modest-to-high growth. Jul 3, 2017
Thyssenkrupp

Workers reject junior partner role for Thyssenkrupp in Tata JV

Thyssenkrupp reportedly aimed to hold less than half of the potential venture so it can deconsolidate the business from its balance sheet. Jul 3, 2017

Iran to sign major gas deal worth $4.8 billion with French energy firm Total

A spokesman for Total confirmed the company will sign the contract to produce gas for the Iranian market from 2021. Jul 3, 2017

Markets give thumbs-up to GST; Sensex gains 300 points, ITC top gainer

The first day of trading saw benchmark indices Sensex and Nifty end with 1 percent gain; ITC was the biggest gainer, followed by Hero Motocorp. Jul 3, 2017

ONGC-led consortium offers $11 billion to Iran for Farzad-B gas field: Report

The offer involves $6 billion for developing the gas field and the remaining amount to build a liquefied natural gas export facility,according to a report. Jul 3, 2017
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GST impact: Fears of prices rising are "misplaced", says Shaktikanta Das

Don't pick up 5 items and say prices have gone up, says former economic affairs secretary on GST Jul 2, 2017
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GST impact: Consumer durables burden may not be passed on to consumers

The consumer durables industry expects only a marginal price revision despite highest tax slab of 28% Jul 2, 2017
Apple India

An Apple pie less pricy: iPhone, iPad rates take slice-downs on GST effect

7.5 percent cut on prices of all iPhone models in India; Apple Watch and Mac prices too take a fall. Jul 1, 2017
Infosys

Infosys appoints D Sundaram as independent director

The former vice-chairman of Hindustan Unilever Limited heads TVS Capital Funds. Jul 1, 2017
vijay mallya

All froth, no growth: Vijay Mallya never planned to repay Kingfisher loan, says CBI

Agency accuses him of seeking a SBI loan on the Kingfisher brand using deliberately exaggerated financials, different from that supplied to lending banks earlier. Jun 30, 2017
Cognizant

IT sector employees likely to see a maximum hike of 9% even after months of delay in increment

Most companies are likely to give out hikes on the basis of the growth in its revenue, amounting to about 6-8 percent. Jun 30, 2017
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CDSL lists at Rs 250 against issue price of Rs 149, rises further

The IPO of CDSL was oversubscribed almost 169 times, resulting in a stellar listing at almost 68 percent premium to issue price of Rs 149. Jun 30, 2017
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