Rating agency Standard & Poor's on Friday revised upwards the long-term corporate credit ratings of software majors TCS, Infosys and Wipro to 'A' from 'BBB+.'
RIL has signed an infrastructure sharing agreement with Reliance Communications (RCom, of the Dhirubhai Ambani group) to launch its services.
While hotels and FMCG saw weak top line growth, most segments witnessed Ebit margin contraction.
After building a subscriber base of nearly 50 million in about eight chequered years, it finally gave up as it saw itself up against a 600-pound gorilla that breezed through double that many subscribers in a fraction of that time, says N Sundaresha Subramanian.
Cyrus Mistry had put in place a strategy that would have pulled most of the Tata group's 'legacy hotspots' out of the financial mess from legacy issues and helped turn around the group's finances.
It reported a loss of Rs 36 crore (Rs 360 million), the first such negative result in 10 years.
PE firm True North's investment model is to take 51% stake in mid-sized companies and make them large, says Niraj Bhatt.
Some leading Indian companies are likely to see their earnings declining if the Indian currency depreciates further, analysts and finance heads say.
IT firm iGate is planning to revamp its go-to-market strategy
Vanita Kohli-Khandekar reports on the ongoing battle for the top spot between publishers S Chand and Navneet.
RJio is targeting the existing base of high-value customers.
Kotak Mahindra Bank and Vedanta were the top Nifty gainers.
Microsoft saw its shares fall 2.6% on Monday.
Reliance Jio saw fall in speeds from 7.2 mbps in September to 6 mbps in October, according to CLSA report.
Google of food, Zomato is keen to do more acquisitions in 2015.
Sensex ends in green on boost from bluechip stocks.
Revival in domestic business should also help overall revenue growth.
The 30-share Sensex ended up 292 points at 29,571 and the 50-share Nifty closed up 75 points at 8,910.
Theoretically, there is an inverse relationship, but other factors need to fall in place for it to work well this time
Spectrum is critical for Tata Tele because in some circles, Rajasthan for example, it has spectrum only in 60 per cent of the geography, while allocation for the rest has yet to come from the government.
Over 20 years, connectivity has massively expanded. But 50,000 villages have been left behind.
In 2013-14, India became the third-largest contributor to Vodafone Group's service revenue and operating free cash flow.
Investors remain cautious ahead of F&O expiry.
Times Now, the English news channel Arnab Goswami headed until recently, had an average daily reach of 1.7 million people. That may be a fraction of the 48 million Aaj Tak reached every day in 2016, but Goswami had no trouble getting investors for his new venture.
Cairn has slashed its planned capital expenditure (capex) by 60 per cent to $500 million against the earlier $1.2 billion.
Over the past four quarters, the Sensex companies' earnings trajectory has improved sharply because of a weak rupee.
The two nations share a problem of corporate debt gone bad that is so large and opaque.
Despite low tariffs, voice usage is not growing.
Brokerages expect Nifty50 firms to post 11.8% growth in net profit in Q1 but sales may decline
Pharma major Lupin and mortgage lender HDFC were the top losers.
The IPL has the potential to make cricketers among the best paid athletes in the world if you look at what they will earn per hour.change that.
Ever since Diageo struck a deal to buy controlling stake in United Spirits Ltd, the two companies have pulled all stops to ensure the "dream combination" gets all the regulatory clearances.
Sensex eneded 374 points higher on rate cut expectation from the RBI.
When oil prices collapse from $110 to $45, economic agents in India experience a large income windfall.
Another negative surprise in HCL's numbers was the decline in the margin by 40 basis points to 21.4 per cent.
The company's buy of Concur will strengthen its position in cloud computing
Here's a look at how key Tata group companies fared under Cyrus Mistry's stewardship.
Sensex witnessed the biggest single day gain since May 2009 in absolute terms.
Given their growth prospects and reasonable valuations, Mindtree, Hexaware and NIIT remain top picks of most analysts.
The route to that target is clear in Sikka's mind.
