Business

The Infosys Expanded Stock Ownership Program 2019, under which grants will vest based on performance, aims to align employee interest with shareholder value creation, incentivize, attract and retain key talent, and reward employee performance with

Meanwhile, the RBI is also considering new limits on the liquidity mismatches that NBFCs operate with as part of its plan to nudge them towards more stable sources of funding, banking sources said. NBFCs’ asset-liability

According to a notification issued on Thursday by the CDSCO, the practice of changing the key therapeutic ingredients in a drug formulation without changing the brand name “is not only misleading but may also result

As per the shareholding pattern declared by Interglobe Aviation, as of March 31, Bhatia, his family and his holding company Interglobe Enterprises held around 38 per cent stake, while Gangwal, his family and his entity

At the interbank foreign exchange market, the rupee opened at 70.26 per dollar and advanced to a high of 69.99 during the day. It finally settled at 70.03, up 31 paise against its previous close

Both the key indices rallied in the last hour of trade after trading on a tepid note through most part of the day.

The CEO said the company would continue its focus on creating value for all shareholders, customers, employees and the communities it serves.

The founders of budget carrier Indigo — Rahul Bhatia and Rakesh Gangwal — have reportedly locked horns over strategies and ambitions for the airline.

Officials of Darwin Group met the SBI Caps team to discuss its proposal to take control of the crippled airline. SBI Caps has asked the group to provide details about the funding.

The country’s merchandise exports were down because of the negative growth in key sectors such as engineering, gems and jewellery, leather, carpet, plastic, marine products, rice and coffee during the month under review.

It said the RBI would examine the need to consider uninterrupted and round-the-clock availability of various payment systems, gradual enhancement of limits, including differential day-night, holiday limits for transactions, subject to risk management and liquidity

According to one source, the tension between the two promoters have been simmering since exit announcement of the airline’s CEO Aditya Ghosh in April last year and the consequent appointment of expatriates in management positions.

Grofers' fresh funding comes after homegrown rival Bigbasket, which is backed by China's Alibaba Group, recently raised $150 million to hit a valuation of over $1 billion.

On the NSE, shares slumped 6.90 per cent to Rs 120. In top level exodus at grounded Jet Airways, four senior executives have quit the ailing airline.

On May 10, Tata Steel and the German conglomerate decided to call off their proposed steel JV, expecting the deal to be rejected by the European Commission (EC) over "continuing concerns".

Top gainers in the Sensex pack include Yes Bank, Tata Motors, Sun Pharma, Coal India, NTPC, Hero MotoCorp, Bajaj Auto, HUL, Bharti Airtel, Asian Paints, ONGC and HDFC, shedding up to 3.04 per cent.

CEO Vinay Dube, head of finance Amit Agarwal and head of human resources Rahul Taneja quit within a span of 24 hours after Jet failed to receive a concrete deal offer.

Boeing is facing intense scrutiny for the design and certification of the Max, as well as for its response to the two crashes.

Google may be synonymous with many things — search, ads, email, even artificial intelligence — but online shopping is not one of them. That is not to say the company does not try.

The Serious Fraud Investigation Office (SFIO), a statutory corporate fraud investigating agency, also said that the “economic offences constitute a class apart and need to be visited with a different approach in the matter of

Recovery through the IBC was Rs 70,000 crore in fiscal 2019 – or twice the Rs 35,500 crore recovered through other resolution mechanisms such as the Debt Recovery Tribunal, Crisil said.

The lawsuit is about collusion in inflating prices of widely-prescribed generic medicines and names 21 generic drug manufacturers as conspirators in price-fixing scheme.

The declaration also states that these countries have agreed to work “collectively” to develop proposals to ensure their common interests are reflected in the WTO reform process.

Bharti Airtel has recently come out with a host of such tweaks, both for its prepaid and postpaid customers.

Sources said that the latest bid from Etihad Airways disappointed lenders with the Abu Dhabi-based airline putting up stiff conditions, including a debt write-off, bringing in another investor and exemption from an open offer.