Reports highest ever annual profit of `29,901 cr; refining margin at 8-yr high
Last year Infosys Ltd is reported to have automated as many as 9,000 jobs
US shale producers have been putting more rigs to work, buoyed by oil prices that have stabilized above $50 after a more than two-year slump
At the end of trade on Monday, RIL commanded a market valuation of Rs 4,60,518.80 crore. This was Rs 1,586.43 crore more than TCS' Rs 4,58,932.37 crore m-cap.
The net profit increased from Rs 7,533 crore in Q3 to Rs 8,046 in Q4
French NGO Sherpa filed a complaint accusing the company of maintaining commercial relations with the Islamic State group.
Since the first test was a success, the second level of commercial pilot will happen soon in Shimla city, Jindal added.
Lodha group will focus on affordable housing sector which is expected to gain momentum after the government accorded infrastructure status to this segment in the Budget this year.
The national steel policy envisages to increase installed capacity to 300 mt by 2030 from the current 128 mt.
Patanjali had earlier reportedly stopped the payment of a cheque for Rs 60 crore towards the cost of the 106 acre land it had bought in the SEZ area in September
It further alleged that the defendants have been engaged in "actively inciting" drivers of Uber to go on strike and protest against the company.
The company amended its contract with Munoz to remove that provision.
The case pertains to Roy and two directors of Sahara Group firms for alleged violations of Sebi rules.
The appeal filed on Friday is against the March 6 NCLT order dismissing Mistry’s petition on the ground of maintainability.
The petition is likely to come for hearing next week before the National Company Law Appellate Tribunal bench, headed by NCLAT Chairman Justice S J Mukhopadhaya.
The Corporate Affairs Ministry's move also comes against the backdrop of overall efforts by the authorities to crack the whip on shell companies, suspected to be used for money laundering activities.
It has set up its second direct distribution subsidiary outside India in Brazil, with having established the first such entity in the US in 2015.
The next hearing in this matter will take place on May 18th when the argument on framing of charges will begin.
NewRise Healthcare has set up a multi-speciality hospital in Gurugram which is in final stages of completion and is expected to be commissioned within the next 9 months.
Shares of RIL were trading 3.43 per cent higher at Rs 1,416.40 on BSE at 1236 hrs
VW admits that nearly 600,000 diesel cars in the US were programmed to turn on pollution controls during testing and off while on the road.
In February 2017, Murthy had raised concern over “the drop in corporate governance standards” at Infosys.
When Combiflam was found to be substandard three times last year, Sanofi India had recalled the affected batches.
Wipro has faced growth challenges in the last two quarters of FY17 recording flattish growth and is also expected to end the current fiscal with a revenue rise in single digits.
According to sources, Wipro has shown the door to about 600 employees, while speculation was rife that the number could go as high as 2,000.
The Indian Hotels Company Ltd (IHCL) had on November 8 last year approached the Supreme Court against the Delhi High Court's order that had cleared the decks for auctioning of the iconic hotel.
The multimodal park, with newly constructed warehouse and two railway handling lines, is now open for domestic cargo and domestic container handling.
Koo said that the company sold a total of 6.62 lakh units last year.
It called the move "a commercial decision in response to weakened travel demand".
The group is expecting to get all the money, estimated at around Rs 7,400 crore, in three months.
The I-T teams were surprised to find 15 large LED television sets fitted in the farm house which was constructed on a land earmarked to setup a factory.
The company will also create a new segment in the bus market with an AMT (automatic manual transmission) version shortly, apart from launching an AMT version of its premium pick-up Xenon.
At current levels, the stock is set to more than erase its roughly 2.5 percent gain this year.
An investigation found that Bhatia willfully and repeatedly violated federal labour laws' minimum wage and record keeping provisions from July 2012 to December 2014.
For the entire 2016-17, TCS saw its net profit growing 8.3 per cent to Rs 26,289 crore while revenue was up 8.6 per cent at Rs 1,17,966 crore.
Most notable is the suo motu case registered by CBI in the Rs 900 cr IDBI loan ‘fraud’ case