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Infosys

Infosys appoints Michael Pesch as CEO of its consulting business

The Bengaluru-based IT major had recently named Scott Sorokin as its digital head. Feb 19, 2016
Spicejet

SpiceJet shares soar after airline records highest load factor in January

Stock price of Interglobe Aviation was down 0.3 percent to trade at Rs 846. Feb 19, 2016
Rihanna

Rihanna-designed sneakers help Puma bolster Q4 sales

Puma's fourth quarter 2015 sales rose to $979 million, up 11.5 percent, months after the singer joined the company as women's creative director. Feb 19, 2016
Jet Airways

Eithad finalises deal to raise stake in Jet Airways to 49%: Report

A Financial Express report said that both the parties have reached an agreement regarding the deal, after finalising talks over its valuation. Feb 19, 2016
Vodafone

Vodafone to invest Rs 6,000 crore in Maharashtra for expansion and modernisation

The company reportedly plans to increase its staff strength to 15,000 employees in the next few years. Feb 19, 2016
Volkswagen carbon emission scandal

South Korean prosecutors raid Volkswagen's local office: Yonhap

The country's environment ministry last month filed a criminal complaint against Johannes Thammer, the head of Volkswagen AG. Feb 19, 2016
IBM

IBM to acquire Truven Health Analytics for $2.6 billion

IBM said it will bring more than 8,500 clients to its IBM Watson Health portfolio. Feb 19, 2016
Dell

EU set to clear Dell's $67 billion deal to buy EMC: Sources

Dell unveiled the largest ever deal in the technology industry sector in October last year. Feb 19, 2016
GM Cotton Monsanto

Monsanto JV faces anti-trust probe in India for 'overpricing' GM cotton seeds

The Competition Commission of India is investigating whether Mahyco Monsanto Biotech abused its dominant position as a supplier of GM cotton seeds. Feb 18, 2016
US built F-16 fighter jet

India, US in talks to make F-16 fighter jets in India

Lockheed Martin, the manufacturer of F-16 fighter jets, said it is ready to make the jets in India. Feb 18, 2016
Bombay Stock Exchange building

KKR picks up 10% stake in Max Financial Services

The Analjit Group company, earlier Max India, concluded a three-way split in January this year. Feb 18, 2016
Foxconn

Foxconn's mum on $5 billion investment worries Maharashtra govt

Acquiring Japanese electronics major Sharp for $ 5.3 billion may be more important for Foxconn, the Business Standard reports. Feb 18, 2016
Temples and mosques will soon become internet hubs

Temples and mosques to become Internet hubs soon: Report

Hindu BusinessLine quoted Tata Communications as saying it aimed to provide high-speed Internet connectivity in 10,000 villages. Feb 18, 2016
Cipla ltd.

Cipla completes acquisition of 2 US pharma companies

The acquisition of InvaGen and Exelan will boost Cipla's US business, which currently accounts for 8% of its revenue. Feb 18, 2016

DoT's revenue may touch Rs 49,200 crore in FY17 from spectrum auctions

The Department of Telecom's estimated revenue in FY17 will be Rs 4,000 crore higher than the projected amount in this fiscal. Feb 18, 2016
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