Journalism of Courage
COMPANIES NEWS - Page 198
Mukesh Ambani praises Mamata Banerjee’s leadership, to invest Rs 5000 crore in West BengalSubscriber Only
January 16, 2018 21:24 IST
“Reliance is also setting up digital service centres across the country. I am happy to announce that with the support of the state government we will launch this initiative in five districts of Bengal with immediate effect," Mukesh Ambani said.
HCL’s IT unit inaugurated in MIHAN
January 16, 2018 05:20 IST
Union Surface Transport and Shipping Minister Nitin Gadkari, who was the chief guest at the event, said: “There is a need for big industries to come up in MIHAN to provide impetus to the development of Vidarbha region.
Tata Motors launches AMT version of Tiago in Bangladesh
January 15, 2018 18:05 IST
Tata Motors reportedly shipped out almost 5,000 Tiagos on an average each month to dealerships across the country with 1.1 lakh units sold so far in the domestic market.
Deloitte launches creative digital consultancy in India
January 14, 2018 15:35 IST
Bill Briggs, the chief technology officer of Deloitte Consulting pointed out that the next 18-24 months would be critical for enterprises where blockchain, cognitive and digital reality technologies being poised to redefine business models.
After emissions scandal, Volkswagen on US comeback trail with all-new Jetta
January 14, 2018 11:07 IST
VW Group CEO Matthias Mueller will stay away from the Detroit auto show next week to let the carmaker's US leaders present the redesigned Jetta, which represented a third of the brand's 340,000 US sales in 2017.
Infosys net jumps 38.3% on tax deal with US bodySubscriber Only
January 13, 2018 02:50 IST
Retains revenue growth projection in range of 5.5% to 6.5% for the current year
TCS wins $2-billion order from US insurer
January 13, 2018 02:39 IST
TCS will digitise the life insurance and annuities business of Transamerica.
Infosys posts better-than-expected Q3 profit on tax deal
January 12, 2018 18:17 IST
Profit rose 38.3 percent to 51.29 billion rupees ($806 million) in the three months ended Dec 31, Infosys said on Friday.
Walmart boosts starting pay, closing dozens of Sam’s Clubs
January 12, 2018 08:10 IST
Walmart is boosting its starting salary for US workers to $11 an hour, giving a one-time $1,000 cash bonus to eligible employees and expanding its maternity and parental leave benefits.
Securities Appellate Tribunal quashes IRDAI order on transfer of Sahara Life business
January 12, 2018 02:32 IST
SAT also observed that “appointment of an administrator is purely a temporary measure by IRDAI, primarily to bring the affairs of the insurer back on right track and thereby protect the interests of the policyholders”.
TCS third quarter net profit down 3.6 per cent
January 12, 2018 02:26 IST
On a sequential basis, net profit rises by 1.3% in the December 2017 quarter.
TCS Q3 net profit down 3.6% to Rs 6,531 crore
January 11, 2018 20:14 IST
Its income from operations during the quarter under review stood at Rs 30,904 crore, up 3.9 per cent from Rs 29,735 crore in the year-ago period, as per Indian Accounting Standard (Ind-AS).
TCS third quarter net profit down 3.6% to Rs 6,531 crore
January 11, 2018 18:16 IST
Its income from operations during the quarter under review stood at Rs 30,904 crore, up 3.9 per cent from Rs 29,735 crore in the year-ago period.
Companies to increase headcount; salary rise of 10% likely
January 11, 2018 12:23 IST
The survey of 791 organisations across industry sectors found that 55 per cent companies intend to hire in the next 12 months, as against 48 per cent last year.
Toyota, Mazda announce $1.6 billion plant for Huntsville, Alabama
January 11, 2018 10:04 IST
The $1.6 billion joint assembly plant in Alabama will employ up to 4,000 workers, a boost for President Donald Trump, who wants automakers to expand US production.
Maruti Suzuki India hikes prices of vehicles across models by up to Rs 17,000
January 10, 2018 19:44 IST
More details awaited.
AirAsia explores India unit IPO, seeks partner for services business
January 10, 2018 11:27 IST
Malaysia-based AirAsia Bhd is considering an initial public offering for its Indian unit and seeking a partner for its services business.
Vedanta, Tata Steel among bidders for Electrosteel
January 10, 2018 01:27 IST
Shares of the company closed almost 5 per cent higher at Rs 6.70.
Infosys to reverse $225 million of tax provisions on US Internal Revenue Service pact
January 10, 2018 01:20 IST
The information technology major said this agreement will also have a positive impact on the consolidated basic EPS for the quarter ending December 31, 2017 by approximately $0.10.
Dena Bank fraud case: Enforcement Directorate attaches assets of Showman Group officialSubscriber Only
January 10, 2018 01:14 IST
According to ED, the money was allegedly layered in multiple forged accounts created by the accused. The agency had in September 2017, provisionally attached properties worth 10.30 crore.
Baba Ramdev-led Patanjali Ayurved plans massive online push
January 7, 2018 18:07 IST
Haridwar-based company Patanjali is expected to enter into agreements this month with major online retailers such as Amazon, Flipkart, Paytm Mall, 1MG, Bigbasket, Grofers, Shopclues and Snapdeal.
Uber ex-CEO Kalanick selling nearly a third of stake for $1.4 billion: report
January 5, 2018 09:58 IST
Kalanick's sale is part of a deal struck by a consortium led by SoftBank Group Corp which is taking a 17.5 percent stake in Uber.
Idea Cellular to raise RS 6,750 crore
January 5, 2018 01:44 IST
The board of Idea Cellular has approved raising about Rs 3,250 crore from the entities under the Aditya Birla group by issuing 32.66 crore equity shares on a preferential basis.
Jet Airways flight cockpit unmanned: DGCA suspends co-pilot’s licence
January 5, 2018 01:39 IST
According to aviation safety experts, the incident did not only present safety risks but could have also been a potential security threat.
This is how much Infosys CEO will be paid annuallySubscriber Only
January 4, 2018 13:27 IST
Parekh will also be given a one-time equity grant of RSUs having a value equal to Rs 9.75 crore in two instalments of 50 per cent each on the first anniversary of the grant date and its second anniversary.
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