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hcl technologies results q1 it companies brexit

HCL Technologies earnings in focus after lacklustre Q1 by peers TCS, Infosys, Wipro

The Indian IT sector is undergoing a shift from resources-heavy IT operations to automation, cloud computing and artificial intelligence. Aug 2, 2016
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HDFC masala bonds list on London Stock Exchange; Deepak Parekh says sovereign wealth investors bullish

HDFC raised Rs. 3,000 crore via masala bonds last month; the bonds got listed on London Stock Exchange (LSE) on Monday. Aug 2, 2016
Wipro CEO

Wipro to acquire Israeli aerospace machine manufacturer H R Givon

The all cash acquisition is expected to be completed by September this year. Aug 1, 2016
CP Gurnani

Tech Mahindra Q1 net profit rises 20.5%, revenues up 10%

Tech Mahindra, which posted a 20.5 percent increaese in Q1 net profit, will focus on automation, says CEO C.P. Gurnani. Aug 1, 2016
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Facebook June quarter net earnings higher than combined profit of Infy, Wipro, TCS

Menlo Park-based social media company Facebook had net earnings of more than $2 billion, higher than the combined one of Infosys, Wipro and TCS. Aug 1, 2016
Indigo Airlines

IndiGo-owner Interglobe's Q1 net profit falls 7.4% to Rs. 591 crore

The low-cost carrier's profit fell on account of competitive pricing between airlines during the peak travel season. Aug 1, 2016
UBER taxi

Uber to merge China operations with Didi Chuxing

According to reports, the value of the deal is pegged at $35 billion. Aug 1, 2016
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Jet fuel prices fall 4%; aviation, oil stocks trend divergently

The new aviation turbine fuel (ATF) or jet fuel price, will be effective from Aug 1. Aug 1, 2016
Kingfisher Villa

Vijay Mallya's KFA assets to be auctioned on Aug 4; jet, houses, bathrobe, sofa up for sale

The assets, which will be auctioned, are worth Rs. 700 crore. Aug 1, 2016
ICICI Bank

ICICI Bank Q1 net profit down 25% on higher provisioning, net NPAs jump to 3.35%

The bank set aside Rs. 2,514 crore in provisioning against bad loans, up 163% from Rs. 955 crore in the corresponding quarter previous year. Jul 29, 2016
IB Times

PVR registers marginal fall in its net profit for June quarter

The multiplex firm's profit declined marginally by 1.60 percent to Rs. 42.81 crore in the June quarter of 2017. Jul 29, 2016
Amazon CEO Jeff Bezos

Amazon's Jeff Bezos crowned world's third richest man, Mark Zuckerberg ranked 5th

Bezos surpassed Warren Buffet, the chairman and chief executive of Berkshire Hathaway, to gain the number three slot. Jul 29, 2016
Indian Highways

Reliance Infra to exit road business, may sell entire portfolio to ease debt

Reliance Infrastructure is reportedly negotiating with Brookfield Asset Management to sell all its road projects for around Rs. 8,000 crore. Jul 29, 2016

Shoppers Stop posts loss, low revenue growth in June quarter

K Raheja Group retail chain Shoppers Stop announced its first quarter (Q1) results on Friday. Jul 29, 2016
royal enfield eicher motors sales fy2016 quarterly results eml eicher june pat revenue sales consolidated

Royal Enfield maker Eicher Motors reports sharp rise in Q1 net profit, sales

Royal Enfield maker Eicher Motors posted 59 percent rise in net profit for the quarter ended June 2016; sales grew 42 percent. Jul 29, 2016
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