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HCL Posts 28% Increase in Profits, Issues 1:1 Bonus Share; Shares Hit 52-week High

HCL Technologies saw employee strength cross one lakh mark; and declared interim dividend of ₹8 per share

Jan 30, 2015

SpiceJet Approves Transfer Of Maran's Entire Stake of 58.46% to Ajay Singh; Marans Out of Company's Board

Kalanithi Maran is to be allotted 37.5 lakh non-convertible cumulative redeemable preference shares

Jan 30, 2015

Olacabs to Buy Rival TaxiForSure for $200 mn to Take on Uber

Taxi aggregator Olacabs bought rival TaxiForSure to help take on the might of US-based Uber and also to rationalise costs.

Jan 29, 2015

Coal India: 10% Stake Sale on Friday to Raise ₹24,000 Crore; Shares Slide by 5%

The government has decided to divest almost 10% of its share holding in Coal India, to help mop-up almost ₹24,000 crore to help manage the fiscal deficit at 4.1%

Jan 29, 2015

Airlines Announce Discounted Fares to Tide over Lean Season; Lakhs Of Tickets go on Sale

In a bid to pull in more customers over the lean season, airlines have dropped airfare to gain more customers to improve load factor.

Jan 29, 2015

Former Indian Government under UPA Wanted to Tap Vodafone Calls, Messages

Vodafone Tax Case: Centre Not to Appeal Against Bombay High Court Order

The Narendra Modi government has decided not to appeal against the Vodafone tax case, which was decided by the Bombay High Court in favour of the mobile company.

Jan 28, 2015

TCS Bets High on Digital Vertical, Eyes $5bn in Revenues

TCS expects the digital vertical to bring in as much as $5bn in revenue, as it sees all businesses gradually move towards digitization, hires 1,500 experienced professionals.

Jan 28, 2015

Govt to Sell Stake in ONGC this Fiscal: Oil Minister Dharmendra Pradhan

The Narendra Modi government is going ahead with the stake sale of ONGC in the current fiscal, said oil minister Dharmendra Pradhan.

Jan 28, 2015

SpiceJet Supersale: Airline Offers 5 Lakh Seats with Fares Starting from ₹1,499

The budget airline indicated its return to the deep-discount air ticket frenzy, offering 5 lakh seats with fares starting from ₹1,499

Jan 28, 2015

IBM Job Cuts to Affect 5,000 Employees in India: Report

IBM's India operations have 1.3 lakh employees, accounting for over a quarter of its global workforce.

Jan 28, 2015

Apple Beats Samsung As The Global Smartphone Leader, Gartner Shows In Numbers

Apple Records Highest Quarterly Profit in History as iPhone Sales Zoom

Apple posted the highest recorded quarterly profit ever at $18bn owing to strong iPhone sales.

Jan 28, 2015

Rajesh Exports Announces Foray into Gold Financing, Share Spurts 17%

Shares of Rajesh Exports jumped almost 17% after the company announced plans to venture into gold financing business

Jan 27, 2015

IBM Denies Forbes Massive Layoff Report, Confirms 'Workforce Rebalancing' but on Smaller Scale

The IT firm dismissed rumours surrounding a Forbes report claiming the company is to cut about 1,12,000 jobs.

Jan 27, 2015

India's Swiss Gold Imports Cross ₹1.2 Lakh Crore in 2014; Illicit Funds Being Routed Back Through Bullion?

The government suspects bullion and diamonds are being used to bring back illicitly stashed money from foreign shores.

Jan 27, 2015

Budget 2015 : No Increase in Tax Rates, Incentives for Manufacturing Sector

Jaitley indicates that Budget 2015 will not witness a rise in tax rates.

Jan 24, 2015

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