India CMD Ramkumar Ramamoorthy clarified Cognizant would continue hiring, and that the earlier job-cut announcement was but a small one, considering the company had around 290,000 employees globally.
Knight Frank and Royal Institute of Chartered Surveyors in their report said that 10 million homes will be delivered by 2022 as targeted by the government.
The service has been launched in partnership with transmission solutions firm Sterlite Technologies.
Borrowers who were hoping for lower interest rates on their home or car loans might be in for some disappointment.
Reliance Industries CMD Mukesh Ambani made a strong argument in favour of removal of export controls by the US to give a further boost to the partnership between India and the US.
For FY21, CSB is looking at growth of around 25 per cent and is confident of doubling it in two years. And it is also exploring options to acquire a mid-size bank with a good client base and branches in the north to acquire an all-India presence.
Power Minster R K Singh said, "The power supply ramp down and ramp up -- they (officials) handled very smoothly, and I along with my senior officials -- power secretary, POSCO CMD -- were personally monitoring the situation from National Monitoring Centre in the ministry. I congratulate all the engineers of NLDC, RLDC and SLDCs for handling the situation very efficiently especially in huge response to the Prime Minister's call".
India is looking at buying coal mines in Australia through two state-owned entities in a bid to bridge the domestic coal supply-demand shortfall, a top government official said on Monday.
This move comes after the appointment of the company's new chairman and managing director Kuldip Singh.
State-run BHEL is exploring the possibility of formation of a separate finance company as a joint venture with a strategic partner to finance power projects.
Cash-strapped Air India, whose management has been considering slashing salaries and allowances of its employees, has signed an MoU with its officers' association to pay interim relief which would put an annual burden of Rs 36 crore.
Air India top brass on Thursday met leaders of two pilots' unions and assured them that their problems would be looked into, especially those relating to the wage structure.
The employees, holding Air India CMD Arvind Jadhav responsible for the present condition of the airline, also demanded his removal and regularisation of the payment of their due salary and productivity linked incentive.
India's richest businessman, Mukesh Ambani is ranked at 33 with a salary of Rs 15 crore (Rs 150 million) annually.
If India Inc sincerely feels the separation of posts is not a good governance measure, it must spell out its doubts clearly to Sebi and give cogent arguments rather than mundane ones like India is different, argues J N Gupta, member, Kotak committee on corporate governance reforms.
These businessmen represent the top five firms that have taken loans from the crisis-hit Yes Bank and these debts were either in the red or were stressed, officials said.
Making his ambitions clear, Ambani said the company is "well equipped to be a national leader".
The new law would boost home buyer confidence as well as investment in the realty sector.
State-run transmission company Power Grid Corporation on Wednesday said that its follow-on public offer, which aims to raise about Rs 8,600 crore (Rs 86 billion), would hit the market in the second week of November.
The company estimates a Rs 350-400-crore (Rs 3.5-4 billion) revenue potential from the telecom business in the next 4-5 years.
State-owned BHEL on Friday said it is in talks with SAIL and Vizag Steel to tie up for manufacturing high grade steel, while Korean steel maker Posco may join the proposed joint venture company as a technology partner.
Cash-strapped Air India is in the process of finalising appointments to three key managerial positions which would put an extra annual burden of about Rs 3.5 crore (Rs 350 million) annually, sources said.
One person was killed and three were feared dead after a mishap at an underground mine at BCCL's Basantimata colliery in Dhanbad district.
Religare's CMD talks about the deals for the Singh brothers of Ranbaxy and how clever structuring of deals, like on loss-making Bollywood film Rann, ensures there's no downside for the group.
With the BSE benchmark Sensex breaching the 19,000-level and still going strong, analysts believe that Indian markets have entered a bull phase and persistent FII inflows may push the index past the 20,000-mark in the coming days.
The ban in India would hit Chinese internet companies that were making headway in the world's fastest-growing mobile market.
State-owned NTPC is likely to pick up stake in two coal mines in Indonesia, a move that would help the company secure its raw material requirement.
Motor insurance is expected to generate largest claims for the companies whereas for crop insurance, the Agriculture Insurance Company is expecting claims of about Rs 15-16 crore
Every year, BioSingapore receives nominations from biotechnology industry associations, industry peers, academics and institutions across Asia-Pacific for the most outstanding companies or individuals in various categories. The nominees are judged by a panel of distinguished leaders in the field.
Riding on this change in aspirations, V-Mart a value retail chain is growing close to 22 per cent year-on-year, and is aggressively looking to expand its footprint, with 60 new stores this year.
Country's largest iron ore producer NMDC on Wednesday said it is in talks to buy coking coal mines from Kolmar in Russia to feed its proposed steel plants in Chhattisgarh and Karnataka.
The government will chart out a plan for the evacuation of seafarers stuck on international waters amid the Covid-19 pandemic, Union Minister Mansukh L Mandaviya has said. Thousands of Indian seafarers are currently stuck aboard cruise ships and cargo vessels in far off waters, and maritime bodies have been demanding from the government strategies for bringing them home fearing that delays might result in disruption in supply chain.
The victim, R Sukumar said that the MP should be punished so that they should not take it as their birthright to assault a person.
A panel headed by RBI Governor selects PSU bank chiefs.
This year's Budget has come at a time when the economy had just begun to recover from the impact of an unprecedented global economic crisis.
Last year, Air India replaced veg and non-veg sandwiches with veg hot meals on flights
BSNL will use the investment for mobile expansion and for services like 3G, broadband, wireless broadband, IPTV, WiMAX, mobile commerce (m-commerce), value-added landline, Enterprise Resource Planning and others.
The panel, which is a sub-committee of the Air India board, was set up on Tuesday following which the executive pilots withdrew their five-day long agitation against slashing of their productivity-linked incentive and flying allowance by half.
While Air India employees are contributing a day's salary to the Prime Minister's Relief Fund, its pilots have offered to forego their allowances to operate to Dehradun.
