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Companies

Chairman of The Godrej Group Adi Godrej

Adi Godrej's agri-business arm looks to offer IPO

Adi Godrej weighs the option to take agri-business arm Agrovet public. The company posted 14 sales growth for FY16. Jul 21, 2016
HDFC Bank India

HDFC Bank's Q1 net profit up 20% on higher interest and fee income

HDFC's net profit was Rs. 3,239 crore in the first quarter of financial year 2017 against Rs. 2,695 crore in the year-earlier quarter. Jul 21, 2016
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'Kabali': India Inc. stopped in its tracks in Bangalore; five-star hotels can't screen Rajini film

Five-star hotels have been denied permission to screen "Kabali" in Bangalore, disappointing Rajini fans. Jul 21, 2016
Infosys

Vasudeva Nayak: Infosys immigration head becomes the 4th top executive to quit in 2016

EdgeVerve head Michael Reh, artificial intelligence lead Samson David and strategic sales head Anup Uppadhayay had quit earlier. Jul 21, 2016
larsen & toubro infotech ipo news public issue offer price premium L&T listing discount bse stock exchanges thursday ipo

L&T Infotech IPO: Shares list at a discount, disappoint investors

Larsen & Toubro Infotech (L&T Infotech) shares made a weak debut at the stock exchanges, listing at a 6 percent discount. Jul 21, 2016
jet airways q4 annual results indian aviation dgca jet net profit sales atf

Jet Airways launches new scheme to woo passengers; offers flexible fares

The new scheme called "Fare Choices" will be launched on Aug. 17. Jul 21, 2016
State Bank of India

SBI-Brookfield create Fund to tackle India's bad loan problem

The Brookfield-SBI fund may entice other banks to join the corpus or create new funds to invest in the India's stressed assets. Jul 20, 2016
wipro q3, wipro q3 results, wipro share price, wipro interim dividend, wipro t k kurien retires, wipro it revenues, wipro q4 guidance

Wipro wins contract from Greater Toronto Airports Authority

In a regulatory filing on Wednesday, Wipro said that it has signed a seven-year agreement with Greater Toronto Airports Authority. Jul 20, 2016
Tata Consultancy Services (TCS)

TCS beats Infosys, Wipro in attrition rates in June 2016 quarter

TCS beats Infosys, Wipro as the company with least attrition for the third consecutive quarter at 13.3 percent for June 2016 quarter. Jul 20, 2016
Thousands line up outside stores as new handsets join Jio Preview Offer

Reliance Jio 4G: How Reliance Industries telecom arm plans to take on Airtel, Idea Cellular

Reliance Jio Infocomm, the telecom arm of Mukesh Ambani's RIL, plans tie-ups with handset makers to boost user base and take on rivals. Jul 20, 2016
Boeing

India needs to increase its civilian aircraft fleet size 6-fold

Single-aisle airplanes such as next-generation 737 and 737 MAX will continue to account for the largest share of new deliveries. Jul 20, 2016
UltraTech Cement

UltraTech Cement net profit rises 29% in June quarter

The company reported net profit of Rs. 780.11 crore for Q1 against Rs. 604 crore in previous year. Jul 20, 2016
Microsoft headquarters near Paris

Cloud business boosts Microsoft's quarterly revenue, shares rise

Nadella has refocused the company on cloud and mobile in the face of stagnation in its traditional PC-based Windows business. Jul 20, 2016
Wipro

Wipro's Q1 net profit falls 6%; sets services revenue target of $1.95 billion for Q2

Total revenues of the company increased 11 percent to $2.0 billion, of which IT Services segment contributed $1.93 billion. Jul 19, 2016
infosys vishal sikka executives quit resign results quarter june guidance revenue weak profit geog sikka vishal

Infosys: Top executive exits in management reshuffle after Q1 results

Anup Uppadhayay, who handled large deals at Infosys, has quit as Vishal Sikka CEO rejigs his team after weak June quarter results. Jul 19, 2016
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