Companies

Wipro Q4 net profit falls 1.6%; company raises Q1 FY2017 IT revenue guidance to $1,901-1,939 million

Bengaluru-based Wipro announced its fourth-quarter and annual results for 2015-16 on Wednesday, including a share buy-back programme.

Apr 20, 2016

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Wipro announces decision to buy back 40 million shares

Wipro informed stock exchanges on Monday about the decision to buy back the shares for an amount not exceeding Rs. 2,500 crore.

Apr 20, 2016

Google gets lease of 100,000 sq ft office space in Bengaluru: Report

Google recently signed an agreement to lease office space at the Bagmane World Technology Centre in Bengaluru.

Apr 20, 2016

Tata Steel's Port Talbot chief launches management buyout

Stuart Wilkie, the managing director of Tata Steel's Port Talbot operations, is "seeking contribution of up to Â£10,000 from interested employees," Sky News reported.

Apr 20, 2016

Malaysian Airlines CEO Christoph Mueller heading for an early exit

Christoph Mueller, who joined the airline in May 2015, said he was quitting due to "changing personal circumstances."

Apr 20, 2016

Yahoo results edge past estimates in good sign for sale of business

Yahoo shares rose nearly 1 percent to $36.66 in light volume in extended trading on Tuesday.

Apr 20, 2016

HDFC to list up to 10% stake in life insurance JV

The Indian lender owned 61.63 percent of the joint venture, HDFC Life, as of the end of March.

Apr 20, 2016

RBL Bank opens dedicated branch in Bengaluru for start-ups

The branch will offer start-ups a range of banking services and help in tax and legal compliance through partners, RBL Bank said.

Apr 19, 2016

Sequoia Capital denies link with Aircel-Maxis case, says ED searches were for investments in Vasan Healthcare

Sequoia Capital allegedly misused India's foreign direct investment policy, CNN News 18 reported.

Apr 19, 2016

Greybull Capital now looks to buy Tata Steel's specialty arm in UK

The private equity firm has already inked a deal to buy the Long Products division of Tata Steel U.K.

Apr 19, 2016

TCS Q4 net profit rises 64.4%, revenues up 17.5%; treats $940 million fine as 'contingent liability'

Mumbai-based TCS reported net profit of Rs. 6,341 crore and revenues of Rs. 28,449 crore for the March 2016 quarter.

Apr 18, 2016

Vijay Mallya issued non-bailable warrant by a Mumbai court

The Enforcement Directorate had sought action against his repeated nonappearance in a money laundering case.

Apr 18, 2016

IPL chairman Rajeev Shukla being probed by ED: Report

Indian Premier League chairman Rajeev Shukla is believed to be under investigation for alleged money-laundering, the Statesman reported.

Apr 18, 2016

Airports Authority of India expects all-time high revenues of Rs. 10,000 crore for FY16

An estimated eight percent growth in the revenues figure has been due to a jump in passenger traffic and aircraft movement.

Apr 18, 2016

GAIL to deploy drones to monitor gas pipelines

Presently, GAIL uses satellite technology and Helicopter surveys to conduct surveillance on its 13,000-km of gas pipeline.

Apr 17, 2016

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Companies

Wipro Q4 net profit falls 1.6%; company raises Q1 FY2017 IT revenue guidance to $1,901-1,939 million

Wipro announces decision to buy back 40 million shares

Google gets lease of 100,000 sq ft office space in Bengaluru: Report

Tata Steel's Port Talbot chief launches management buyout

Malaysian Airlines CEO Christoph Mueller heading for an early exit

Yahoo results edge past estimates in good sign for sale of business

HDFC to list up to 10% stake in life insurance JV

RBL Bank opens dedicated branch in Bengaluru for start-ups

Sequoia Capital denies link with Aircel-Maxis case, says ED searches were for investments in Vasan Healthcare

Greybull Capital now looks to buy Tata Steel's specialty arm in UK

TCS Q4 net profit rises 64.4%, revenues up 17.5%; treats $940 million fine as 'contingent liability'

Vijay Mallya issued non-bailable warrant by a Mumbai court

IPL chairman Rajeev Shukla being probed by ED: Report

Airports Authority of India expects all-time high revenues of Rs. 10,000 crore for FY16

GAIL to deploy drones to monitor gas pipelines

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