Companies

Thermo Fisher to buy Patheon for $5.2 billlion to expand biopharma services

Thermo will also assume $2 billion in net debt, putting the cost of the deal at about $7.2 billion for Patheon, which generated $1.9 billion in revenue last year.

May 16, 2017

Vedanta Q4 consolidated net profit at Rs 2,989 crore

Consolidated revenue rose 41 percent to Rs 22,371 crore.

May 15, 2017

ICICI Bank, HDFC slash home loan rates

For loans up to Rs 30 lakh, interest rate on home loan will be 8.40 percent for men and 8.35 percent for women, say ICICI Bank and HDFC; the cuts come a week after SBI made a similar reduction.

May 15, 2017

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Vani Kola steps down from Kalaari Capital

Director of Snapdeal investor Kalaari Capital since September 2009, she sent her resignation letter on May 2.

May 15, 2017

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SriLankan Airlines to add three new Indian cities to its network

The state-owned carrier will commence services to Hyderabad, Coimbatore and Visakhapatnam from July.

May 13, 2017

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L&T wins order for supply of artillery guns

The contract is valued at about Rs 4,500 crore.

May 13, 2017

Happiest Minds acquires Cupola Technology

Cupola Technology is an IoT services company with innovative solutions across the IoT lifecycle

May 13, 2017

IT Layoffs: 56,000 employees with 7 IT firms, including Infosys and Wipro, could lose jobs in 2017

After Infosys, Wipro, Cognizant, Capgemini and Tech Mahindra made news for cutting jobs and deferring appraisals, it is estimated that 56,000 IT employees could lose their jobs this year.

May 13, 2017

IT layoffs: Are slow growth and automation responsible for mass job cuts in the sector?

IT giants like Infosys, Wipro, Cognizant, Tech Mahindra and Capgemini have made news for the reported layoffs, which seem to have a lot to do with the slow growth in the sector and automation.

May 13, 2017

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Tata Steel to declare Q4, FY17 results on May 16

Early this month, Tata Steel had sold its speciality steels business to Liberty House Group for £100 million.

May 12, 2017

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SBI Life IPO picks up momentum; insurer had posted robust performance for FY17

After ICICI Prudential Life Insurance, SBI Life will be the second private insurer to seek listing.

May 12, 2017

NHAI masala bonds launched on London Stock Exchange

The NHAI masala bond issue got an overwhelming response from investors, some of them were first timers.

May 12, 2017

Infosys delays salary hike until July, wait could be longer for senior employees: Report

Infosys employees with less than eight years of experience can expect a hike sometime in July, while those with more experience could expect a hike in the next quarter.

May 12, 2017

Chanda Kochhar, MD and CEO ICICI Bank, receives Woodrow Wilson Award for Global Corporate Citizenship

The Woodrow Wilson Award was conferred on Kochhar for the work done by ICICI Group under Kochhar's able leadership in improving the lives of people in the local communities and the world at large.

May 12, 2017

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Kotak Mahindra Bank launches Rs 5,800 crore share sale

Kotak Mahindra, the fourth biggest Indian bank by market capitalisation, is selling new shares with a price range of Rs 930 to Rs 936 apiece.

May 12, 2017

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Companies

Thermo Fisher to buy Patheon for $5.2 billlion to expand biopharma services

Vedanta Q4 consolidated net profit at Rs 2,989 crore

ICICI Bank, HDFC slash home loan rates

Vani Kola steps down from Kalaari Capital

SriLankan Airlines to add three new Indian cities to its network

L&T wins order for supply of artillery guns

Happiest Minds acquires Cupola Technology

IT Layoffs: 56,000 employees with 7 IT firms, including Infosys and Wipro, could lose jobs in 2017

IT layoffs: Are slow growth and automation responsible for mass job cuts in the sector?

Tata Steel to declare Q4, FY17 results on May 16

SBI Life IPO picks up momentum; insurer had posted robust performance for FY17

NHAI masala bonds launched on London Stock Exchange

Infosys delays salary hike until July, wait could be longer for senior employees: Report

Chanda Kochhar, MD and CEO ICICI Bank, receives Woodrow Wilson Award for Global Corporate Citizenship

Kotak Mahindra Bank launches Rs 5,800 crore share sale

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]