IT firm's performance shows trouble in products segment, a majority of whose share comes from Finacle
Mehta's exit and Hilton's entry would see the company making history in India, where women have remained out of the chairperson's slot in energy companies, private or state-run.
Aviation companies plan to join hands for importing aviation turbine fuel (ATF) in a bid to bring down their fuel bills.
At 4.16 mn shares, chairman-in-waiting holds 0.21% in group's cash cow
At a time when the Indian information technology services industry is the focus of anti-outsourcing rhetoric, the global in-house centres (GICs) or captive units of multinational companies are increasing their offshore penetration.
The companies are in talks with Shell, Petronet LNG to book capacity
Size of targeted firms for M&As increases from $10-20 mn to $80-100 mn.
The requirement of one million units would entail a huge market for firms such as HCL Infosystems, Geodesic, VeriFone, Visiontek and others manufacturing micro-ATMs.
If the talks materialise, this would mark Hyundai's foray into the LNG terminal construction space in India.
Burdened with the impact of subsidising the retail losses of downstream oil marketing companies (OMCs), Oil India Ltd has asked the Union government to take the average of the last five years' net profit for calculating the proportionate share of upstream companies, against the current practice of the last three years' average.
After a long wait for government approval, Reliance Industries (RIL) is to begin work on development of four satellite fields -- D-2, D-6, D-19 and D-22 -- in India's largest gas field, block D6 in the Krishna-Godavari basin, or KG-D6.
The company said these numbers represented the offers made to only engineering students at Indian campuses and the final hiring target for 2012-13 would be announced by the end of March.
The countdown for BG's stake sale in Gujarat Gas Company (GGCL) begins tomorrow. Three months after BG made its intention of divesting its stake clear, over half a dozen potential bidders are likely to submit non-binding bids for BG's 65.12 per cent stake in the country's largest natural gas distributor by sales.
One effect of the globalisation of Indian business has been the rise in the grant by companies to staffers of employee stock options.
Communication has instilled a sense of trust and belief among the employees.
Most companies see the next few quarters as a period of uncertainty and are trying to shift costs from fixed to variable.
Clients picky on various heads; vendors need to maintain share.
The FDI floodgates have opened mega opportunities for not only brick-and-mortar retailers, but for their virtual peers as well.
BPCL plans to save Rs 500-800 cr, while HPCL eyes 10% reduction in total costs.
RIL, which had over 1,470 retail outlets, is said to be running only 350 of those at present.
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