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Indian BPO sector

Zensar Technologies Q1 net profit flat at Rs. 76.2 crore, revenues up 8.2%

In dollar terms, however, net profit stood at $11.4 million, down 5% from the year-ago quarter. Jul 22, 2016
Advanced Enzyme Technologies ipo aet india denmark norway bse listing premium Novozymes healthcare hospitals disease

Advanced Enzyme Technologies IPO: Issue oversubscribed 115 times; will shares list at a premium?

The three-day, Rs. 411 crore IPO of Advanced Enzyme Technologies closes on Friday. Jul 22, 2016
treebo hotels fund raising start ups affordable hotels chain india business tourism guests

Treebo Hotels raises Rs. 112 crore in Series B funding led by Bertelsmann

Treebo Hotels is a tech-enabled chain of affordable hotels founded in March last year. Jul 22, 2016
Nasscom

IT hiring to be below 2 lakh in FY17: NASSCOM President

NASSCOM predicts less IT jobs due to automation, while TCS, Infosys net addition increased for the June 2016 quarter. Jul 22, 2016
itc, itc q3 results, itc share price, shares at 52-week high, buzzing stocks, pre budget rally, budget 2017

ITC Q1FY17: Cigarette volume sales up 3% in June quarter, best in 3 years

Cigarette sales of diversified firm ITC rose 3 percent in June 2016 quarter despite higher taxes and row over pictorial warnings. Jul 22, 2016
Biocon quarterly result

Biocon's net profit rises 35% to Rs. 166.6 crore for June quarter

The pharmaceutical company's consolidated net revenues for the June quarter rose 21 percent to Rs. 982 crore. Jul 22, 2016
Boeing

Boeing warns of more than $2 billion in charges, shares drop

Boeing shares fell 1 percent after hours to $132.26 after the company gave notice of its largest write-offs in years, to be detailed in quarterly results on Wednesday. Jul 22, 2016
Modi with top CEOs

Fortune 500: Rajesh Exports replaces ONGC among 7 Indian firms with highest revenues

Based on 2015 data, the collective revenue of all the Fortune 500 companies stood at $27.6 trillion, while their profits were $1.5 trillion. Jul 21, 2016
Michelin Man

Iconic 'Michelin Man' to debut in India's TV commercial

The 118 year-old Michelin Man will debut on Indian television channels in a video themed "safely ahead". Jul 21, 2016
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
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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
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