The launch was attended by family and friends.
Experts said this would not only reduce Infosys' dependence on the H1B visa, which has seen increased restrictions under the current US administration. It will also help the company in building an employee pyramid for its future operations.
The Central Bureau of Investigation on Tuesday registered a fresh case against Kumar Mangalam Birla in coal allocation scam.
Given the developments, analysts expect fiscal and monetary support from the government and RBI to revive sentiment. However, recovery, they say, from these levels will be slow and painful.
Uncertainty lingers in the minds of retail investors due to scams.
'It can't be a coincidence that he and his family, uncles and all, vanished from India only days before the scam was discovered.'
In a special series, we will put YOU to the test everyday!
Nandan Nilekani said the co-founders have served the company "selflessly" and remain committed to the long-term success of Infosys.
Celebrities attend an awards show. Looking at the pictures.
The PNB fiasco falls into a family line that involves non-fund limits - read contingent liabilities which are off-books. Harshad Mehta did it with bankers' receipts in 1992. Ketan Parekh exploited the ignorance of bankers who did not know the difference between a cheque and a pay-order. And the RBI blinked when it failed to insist the SWIFT platform be linked to the core banking solution. Raghu Mohan & Abhijit Lele trace the banking mess that was just waiting to happen.
A special screening was organised for the beautiful ladies.
The settlement with Sebi was seen as Infosys admitting guilt of the lapse, clearing out any legal or regulatory challenges and preparing ground for new chief executive officer Salil Parekh.
Top business leaders to raise issues on investment, trade and the rupee
'A whole universe of feelings and moods went into them.'
Sukanya Verma looks at Bollywood's cool, curious, bag moments.
CBI conducted raids at over two dozen places including those of senior officials of SBI Mutual Fund, UTI and broker Ketan Parekh for allegedly duping the financial institutions of crores of rupees in the latest stock market scam.
The windfall from RBI may be used to trim borrowing, help fund Rs 3.3 lakh crore capex plan, capitalise banks and provide fiscal stimulus to some stressed sectors, experts and economists said.
Take this quiz to test your finance gyaan.
Puri gave up the comforts of Citibank to set up a new-age bank from a rat-infested room in the Kamala Mills Compound in Worli, Mumbai and build a marquee brand. A look at his 26-year stint as HDFC Bank's boss.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The main concern among industry and market experts is that the governance in these companies needs to be strengthened and the focus on social insurance has to come down.
JM Financial Consultants, Arpwood Capital and Alvarez & Marsal will advise the board going forward
Countless screen pairs have come together but only few can lay claim to that extra something called chemistry.
Economists advise against it, citing international experiences; business leaders say RBI should allow move for inclusive growth.
It's screenings galore for Padmaavat!
"The company has been in touch with the Securities and Exchange Commission (SEC) regarding the anonymous whistleblower complaints (anonymous complaints) and has learnt that the SEC has initiated an investigation into this matter. The company will cooperate with the SEC's investigation," Infosys said in a statement.
In this week's Classic Re-visited special, we look back at Shammi Kapoor and Asha Parekh's 1966 film, Teesri Manzil.
Cyrus Mistry, who was replaced as chairman of Tata Sons last Monday, October 24, still serves as the chairman of Tata Steel, Tata Motors, Tata Consultancy Services, Indian Hotels, Tata Global Beverages, Tata Chemicals, Tata Industries and Tata Teleservices.
Analysts on Wednesday welcomed the Reserve Bank's decision to grant bank licences to Bandhan and IDFC, but expressed dismay that only two of the over two dozen aspirants made the cut.
Reader Saloni Parekh has sent us few photographs
A Kolkata court on Friday rejected the bail prayer of former Calcutta Stock Exchange president Kamal Parekh and extended his police custody till June 24 in connection with the Rs 120 crore (Rs 1.2 billion) scam.
The recent circular follows the 'true-to-label' concept, but large funds in the multi-cap category may be forced to merge in the absence of sufficient small-cap options.
Leaving behind the luxe life and dapper suits of foreign banks, Puri and his team at the upstart venture shared fizz drinks, wore a footwear brand popular among the middle class, shared a rat-infested space in a yet-to-be gentrified work space to plan and execute it.
The Supreme Court Bar Association on Wednesday criticised the controversial remarks of West Bengal Chief Minister Mamata Banerjee that there were instances when court judgements had been delivered for money.
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