Companies

Here's why Hexaware wants to buy Mobiquity for Rs 1,266 crore

Mobiquity's associations with well-known brands will help Hexaware gain global recognition. It will help Hexaware to create a cloud work sphere to enhance business growth.

Jun 14, 2019

Mantraraj Paliwal's Miraj Cinema is gaining top spot in multiplexes across India

Miraj group has more than ten businesses under their tree. But their investment in cinema business is growing faster than other Multiplex around India.

Jun 14, 2019

India may be one of the top 20 FDI sources in 2021, a UN report says.

World-beating India Inc may be a top-20 global FDI source by 2021: UN panel

Indian companies invested $11 billion overseas in 2018 and the figure is likely to go up this year putting India among the top-most FDI sources for the global economy, according to a UNCTAD report

Jun 14, 2019

Here's why breaking up Facebook won't address issues with content and security

The rumours began gaining momentum when Facebook's co-founder Chris Hughes had written an op-ed for the New York Times and suggested that the company should be separated into multiple companies.

Jun 14, 2019

Adani Gas shares rise 7% on reports of Total planning to buy 30% stake

With the deal in place, Total S.A. will have almost an equal stake in the company as the founder and chairman, Gautam Adani.

Jun 14, 2019

Ola to setup advanced technology centre in San Francisco Bay area

The Centre will be focusing on developing next-generation technologies in mobility like Electric, Connected and Autonomous Vehicles. It will be hiring talents across Technology, Product, including specialists in Artificial Intelligence and Machine Learning.

Jun 14, 2019

HCL to train students for IT jobs, plans to pay Rs 10,000 stipend

HCL-Tech Bee will be rolling out hiring and training processes for post-intermediate students. Aspirants should have 60% marks and mathematics as a subject. Trainees will be given a stipend of Rs 10,000 per month.

Jun 13, 2019

Here's why Modi govt wants ONGC to sell its golf courses in Gujarat

ONGC's golf courses in Ahmedabad and Vadodara are listed under non-core assets by Department of Investment and Public Asset Management (DIPAM).

Jun 13, 2019

Adani wins final approval for long delayed Australian coal mine

The mine would produce 8-10 million tonnes of thermal coal a year, and cost up to $1.5 billion.

Jun 13, 2019

Infosys to digitally transform Finnish postal company Posti

Infosys will be helping the Finland-based postal company manage a cloud workspace and will digitize the infrastructure to a flexible IT service model.

Jun 12, 2019

Wipro CEO Abidali Neemuchwala gets 41% salary hike, overtakes Infosys chief Salil Parekh

Abidali Neemuchwala received about Rs 6.9 crore as salary and allowances, Rs 6.17 crore as commission and variable pay, about Rs 13.85 crore as others and rest in long-term compensation.

Jun 12, 2019

SFIO seeks investigation into RBI officials' alleged role in IL&FS collapse

Financial fraud watchdog asks RBI to investigate why warning bells about imminent IL&FS crash would go up to only a certain level in the hierarchy.

Jun 12, 2019

Patanjali: Rapid expansion taking a toll on Baba Ramdev's biz? Sales plunge 10%

Customers were snapping up Patanjali Ayurved's affordable, Indian-made products such as coconut oil and ayurvedic remedies, in a mounting threat to foreign companies that had bet big on India.

Jun 12, 2019

IL&FS (Infrastructure Leasing and Financial Services Ltd.)

Modi govt drags Deloitte, KPMG affiliate BSR to NCLT; seeks 5-year ban

The two firms won't be allowed to audit any listed or unlisted company, including banks and non-banking financial companies (NBFCs), for five years if the proposed punishment is accepted by the NCTL.

Jun 11, 2019