Companies

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Facebook net income spurts 76% for March quarter; monthly users up by 80 million

Mark Zuckerberg-led Facebook posted net profit of $3.06 billion for Q1 on the back of a 51 percent increase in advertisement revenues.

May 4, 2017

ICICI Bank reports 189% rise in Q4 net profit; declares 1:10 bonus

While standalone net profit rose to Rs 2,025 crore ($312 million) from Rs 702 crore, YoY, bad loans as a percentage of total advances also shot up.

May 3, 2017

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Seattle pips San Francisco as best city for tech employees, reveals study

A survey by career solutions firm Paysa throws up interesting insights on cities with cost of living and earning potential for tech employees.

May 3, 2017

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

Hudco IPO to open on May 8, close on May 11

A fully-owned public sector company, Hudco, is offering 20 crore shares by way of offer of sale at a price band of Rs 56-60 per share.

May 3, 2017

Fortigo Network raises $10 million, 4tigo network, fortigo network investors, nandan nilekani invests in fortigo network

Fortigo Network (4TiGO) raises $10 million from Nandan Nilekani, Accel Partners

In the Series A round, Fortigo Network raised $10 million from Infosys co-founder and former UIDAI Chairman Nandan Nilekani, and Accel Partners.

May 3, 2017

makemytrip, makemytrip to raise $330 million, makemytrip share price, online travel portals, online travel booking

MakeMyTrip to raise $330 million via share sale to drive growth

Nasdaq-listed MakeMyTrip, the Indian online travel company, will sell shares at $36 apiece to Ctrip.com, MIH Internet SEA and other investors.

May 3, 2017

bharat matrimony, bharatmatrimony, bharat matrimony founder Murugavel Janakiraman, bharat matrimony ipo, online matchmaking services, online dating

Matrimony.com posts Rs. 300 crore in revenues for FY2017; IPO likely in September quarter, says founder-CEO Murugavel Janakiraman

Murugavel Janakiraman, founder and CEO of Matrimony.com, which owns BharatMatrimony and few other matchmaking portals, speaks about the upcoming initial public offering (IPO) to International Business Times, India edition.

May 3, 2017

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Infosys decision to hire 10,000 Americans seen as yielding to pressure tactics of Trump administration

A day after Infosys said it will be hiring 10,000 American workers over two years, a White House spokesperson lauds CEO Vishal Sikka's decision.

May 3, 2017

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Lendingkart Finance partners with BASIX Sub-K to facilitate working capital loans

Over 1,20,000 SMEs have till date reached out to Lendingkart Finance for their credit needs.

May 2, 2017

Wipro unveils new brand identity and logo

"The new brand identity marks our journey of transformation in the digital world," says Abidali Z. Neemuchwala, CEO and Executive Director, Wipro.

May 2, 2017

bmr advisors, new partners at bmr, advisors, consultants, meetings, corporate plans, consultancy, advisors

BMR elevates five partners in Mumbai, Delhi

The partners are Anand Laxmeshwar, Sumit Singhania, Saurabh Kanchan, Lokesh Malik and Harkishan Bhatia.

May 2, 2017

icici digital villages, icici bank, icici group, features of digital villages

ICICI Group launches 100 'ICICI Digital Villages'

The 100 villages that have been transformed into 'ICICI Digital Villages' are located across 17 states in India.

May 2, 2017

bikini airline vietjet, vietjet services, vietjet stewardesses, vietjet bikini dance, vietjet ipo, vietjet ceo CEO Nguyen Thi Phuong Thao

'Bikini airline' VietJet plans to grab 50% market share, raises cap on foreign ownership

VietJet, Vietnam's only private airline, which went public this February, shot into fame first in 2012 for hiring bikini-clad women to walk the aisle.

May 2, 2017

saudi aramco, aramco ipo, aramco public issue

Saudi Aramco takes 100% control of America's largest oil refinery

Port Arthur is considered the crown jewel of the US refinery system.

May 2, 2017

infosys, infosys share buyback, infosys bonus history, infosys share price, infosys capital structure, infosys cash reserves

Infosys to hire 10,000 Americans in the next two years; build four technology hubs

In a statement, Infosys CEO Vishal Sikka says hiring 10,000 American workers and setting up technological hubs will "help invent and deliver the digital futures for our clients."

May 2, 2017

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Companies

Facebook net income spurts 76% for March quarter; monthly users up by 80 million

ICICI Bank reports 189% rise in Q4 net profit; declares 1:10 bonus

Seattle pips San Francisco as best city for tech employees, reveals study

Hudco IPO to open on May 8, close on May 11

Fortigo Network (4TiGO) raises $10 million from Nandan Nilekani, Accel Partners

MakeMyTrip to raise $330 million via share sale to drive growth

Matrimony.com posts Rs. 300 crore in revenues for FY2017; IPO likely in September quarter, says founder-CEO Murugavel Janakiraman

Infosys decision to hire 10,000 Americans seen as yielding to pressure tactics of Trump administration

Lendingkart Finance partners with BASIX Sub-K to facilitate working capital loans

Wipro unveils new brand identity and logo

BMR elevates five partners in Mumbai, Delhi

ICICI Group launches 100 'ICICI Digital Villages'

'Bikini airline' VietJet plans to grab 50% market share, raises cap on foreign ownership

Saudi Aramco takes 100% control of America's largest oil refinery

Infosys to hire 10,000 Americans in the next two years; build four technology hubs

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]