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Globally, the company intends to cut expenses by $7.8 billion by 2014.
RBI recently cut repo by 0.25 percentage point, taking the rate to 7.25 per cent in three reductions since January.
Mindtree, eclerx and Hexaware are trading at similar valuations to that of the larger peers.
With cash -- the primary medium of exchange -- all but disappearing, it is now unlikely that the expected fillip to demand on account of a good monsoon and proceeds from the Seventh Pay Commission payout will materialise.
Under Nikesh Arora's leadership, SoftBank has made several investments in India in a short span.
Move aimed at avoiding crowding of public issues during the Centre's mega disinvestments in coming months.
'We have never before seen an Indian prime minister's visit to the United States so heavily business-oriented and so packed with meetings with the US business community.' Aziz Haniffa/Rediff.com reports from Washington, DC.
Urjit Patel as the new RBI governor whose focus is on taming inflation has lowered the probability of interest rate cut soon
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Close to 50 companies have announced stock splits this year so far, something experts say is typical in a bull phase.
In the past 12 months, such earnings have grown in double digits in Europe, the US, Japan and South Korea.
Number of stocks trading above 50 times and 100 times earnings are at record highs. When this happened in 2015 and 2016, the Sensex fell 22.6 per cent in a little over a year's time after peaking in January 2015, while it fell by 11.3 per cent in two months from its peak in September 2016.
Analysts are eyeing bigger launches that will positively impact company's fortunes.
Many giving double-digit returns, with India up less than one per cent; even so, it has done much better than other emerging markets.
Most Asian markets were trading weak on Monday.
Experts attribute the high valuation of Indian auto makers to the faster growth in India compared to the rest of the world.
The crushing of this tiny entity by demanding creditors should be a lesson for all countries, warns T N Ninan.
10 things you need to know about the life of Liliane Bettencourt.
Institutional investors - both foreign and domestic - lapped up the government's big-ticket share sales on Friday, helping it add nearly Rs 9,000 crore to its revenue kitty.
What was the need for Xi Jinping, general secretary of the Chinese Communist Party, President of the People's Republic of China and Chairman, Central Military Commission, to don the new role of Commander in-Chief? Does this mean that the most powerful Chinese leader since Mao faces numerous threats from within the Communist Party?
In India, it is fighting a pitched battle against Ola.
Russian firms expand their footprint in India. And take bigger steps to do business with India's private sector.
Experts say you may invest in small-sized funds and benefit from their nimbleness.
Analysts now expect India Inc to report a decline in both top line and bottom line for the September quarter.
India's economy - ranked eighth in 2015 with a GDP of $2 trillion - is projected to climb past Brazil, the United Kingdom, France, Germany and Japan and become the world's third-largest in 2030 with a GDP of $7.3 trillion.
Higher growth justifies current run-up, say experts.
The Indian indices also offer one of the lowest dividend yields.
Accompanied by Japanese Prime Minister Shinzo Abe, Obama lay flowers at the cenotaph in Hiroshima, which sits in the shadow of a domed building, whose skeleton has been left standing in silent testament to the victims of the first ever nuclear attack.
While hotels and FMCG saw weak top line growth, most segments witnessed Ebit margin contraction.
Global supply is staying in excess of demand.
Economists warn of the impact that a Fed rate rise could have on emerging economies.
'Physically, he is your boy next door, but attitude-wise, he is an evangelist who does not mind shouting from the rooftops to take a stand on a cause he believes in.'
Women from promoter families who have become directors since January this year include Sarala Birla (Century Textiles, Century Enka), Nawaz Gautam Singhania (Raymond Group), Bina Modi (Godfrey Phillips), Saroj Bhartia (Jindal Drilling & Industries) and Deepshikha Khaitan (Cera Sanitaryware).
Indian investments in equity and debt account for the second-highest remittances outgo (about a quarter).
The task of Union Finance Minister Arun Jaitley to keep inflation under check, even when the country reeled under severe drought for two years in a row, and reduce the current account deficit, was made easier by low crude oil prices.
The S&P BSE Sensex has rallied about 28 per cent in 2014, after formation of a stable government at the Centre.
Experts hail 2014 as the worst year for banks.
In the capital goods space, Punj Lloyd and KEC International could be in limelight for the expected turnround
Wayward employee behaviour at Uber and Infosys highlights the risk to corporate reputations.
Cook's statement is of major significance, especially given Apple's recognition as a global brand, says Aseem Chhabra.
The lesson for Indian corporations, which otherwise like to pride themselves on adopting global best practices, is corporate America's proactive activism.
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