Companies

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SoftBank logs second-best annual profit, keen to talk about a deal for Sprint

Japan's SoftBank Group Corp reported 13 percent rise in full-year operating profit, gaining from cost cuts and a rise in subscribers at its US wireless unit Sprint Corp..

May 10, 2017

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RBI initiates 'prompt corrective action' against IDBI Bank

The development follows April 13, 2017 revision of the prompt corrective action (PCA) guidelines by RBI.

May 10, 2017

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Wipro, Infosys react to reports of layoffs; Capgemini responds to rumours about laying off 9,000 employees

In separate statements, IT software exporters Wipro and Infosys respond to reports of layoffs affecting many employees, after Capgemini also reacted to similar news.

May 10, 2017

Interglobe Aviation Q4 net profit falls 25%; IndiGo parent to buy 50 ATR aircraft

Interglobe Aviation, which owns budget carrier IndiGo, announced its Q4 and FY2017 results on Tuesday and declared dividend of Rs 34 per share.

May 9, 2017

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Godrej Consumer Products declares 1:1 bonus, Rs 12 as fourth interim dividend; Q4 net profit surges

Adi Godrej-led Godrej Consumer Products announces upbeat Q4 results, 1:1 bonus shares and Rs 12 as fourth interim dividend; his daughter Nisaba is the new chief.

May 9, 2017

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Nisaba Godrej succeeds father Adi Godrej as head of Godrej Consumer Products

At 39, Nisaba Godrej will be the youngest women to head a large organisation like Godrej Consumer Products; Adi Godrej will be chairman emeritus.

May 9, 2017

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ChrysCapital-backed Eris Lifesciences, India Energy Exchange set to come out with IPO

Eris Lifesciences recently got Sebi approval for its IPO; India Energy Exchange is also planning one; S Chand, Avenue Supermarts and BSE are the three prominent firms that got listed this year.

May 9, 2017

French IT company Capgemini reacts to reports of large-scale layoffs

In response to media reports that it is laying off about 9,000 employees, Capgemini issues a formal statement on Tuesday evening.

May 9, 2017

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S Chand lists at 5% premium to issue price but falls later

Education book publisher S Chand and Company (SCCL) lists at Rs 707 a gain of 5.5 percent to its issue price of Rs 670 per share.

May 9, 2017

lafargeholcim, acc ambuja cements merger, ultratech cement, acc share price, ambuja cements share price, ultratech cement share price

ACC, Ambuja Cements gain on merger buzz

In June 2016, Ambuja Cements had bought Holcim India's 24 percent stake in ACC; LafargeHolcim owns 63.6 percent in Ambuja Cements; now the two companies are mulling merger.

May 8, 2017

State Bank of India q4 net profit loans advances npas rbi aqr

State Bank of India cuts interest rates on home loans to 'lowest' in industry

For loans up to Rs 30 lakh, the revised interest will be 8.35 percent, down from 8.60 percent; bank also cuts interest rates on term deposits (FDs).

May 8, 2017

hudco, ipo, hudco ipo, home loans, real estate, home loan interest rates, india

HUDCO IPO: Public issue gets good response on Day 1; here's what brokerages have to say

The Rs 1,200-crore IPO of state-owned HUDCO opens today (May 8) and closes on Thursday (May 11).

May 8, 2017

Cognizant going the Infosys way? CTS may lay-off 6,000 Indian employees to hire in the US

Cognizant hiring employees in the US might be a way to appease the Trump administration, which has been vocal about its displeasure over US firms outsourcing jobs to other countries.

May 8, 2017

tata motors, tata motors cv exports, tata motors cv sales, tata motors share price, sensex gainers, tata motors Ravi Pisharody

ICICI Bank leads Sensex rally, hits new 52-week high; Tata Motors gains after company's upbeat export forecast

ICICI Bank has rallied 12 percent since declaration of Q4 results; Tata Motors expects CV exports to rise 15 percent this year.

May 8, 2017

Wipro threatened with 'biological' attack if it fails to pay Rs 500 crore ransom

The email threatens biological attacks on Wipro campuses if the IT services company fails to pay Rs 500 crore in bitcoins.

May 6, 2017

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Companies

SoftBank logs second-best annual profit, keen to talk about a deal for Sprint

RBI initiates 'prompt corrective action' against IDBI Bank

Wipro, Infosys react to reports of layoffs; Capgemini responds to rumours about laying off 9,000 employees

Interglobe Aviation Q4 net profit falls 25%; IndiGo parent to buy 50 ATR aircraft

Godrej Consumer Products declares 1:1 bonus, Rs 12 as fourth interim dividend; Q4 net profit surges

Nisaba Godrej succeeds father Adi Godrej as head of Godrej Consumer Products

ChrysCapital-backed Eris Lifesciences, India Energy Exchange set to come out with IPO

French IT company Capgemini reacts to reports of large-scale layoffs

S Chand lists at 5% premium to issue price but falls later

ACC, Ambuja Cements gain on merger buzz

State Bank of India cuts interest rates on home loans to 'lowest' in industry

HUDCO IPO: Public issue gets good response on Day 1; here's what brokerages have to say

Cognizant going the Infosys way? CTS may lay-off 6,000 Indian employees to hire in the US

ICICI Bank leads Sensex rally, hits new 52-week high; Tata Motors gains after company's upbeat export forecast

Wipro threatened with 'biological' attack if it fails to pay Rs 500 crore ransom

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]