News for 'CFO'

Infy CEO Vishal Sikka gets thumbs-up from investors

Infy CEO Vishal Sikka gets thumbs-up from investors

Rediff.com11 Feb 2017

Investors also appreciate the role being played by the founders; analysts, too, remain unperturbed.

Infosys stock crashes, m-cap falls by Rs 10,416 cr

Infosys stock crashes, m-cap falls by Rs 10,416 cr

Rediff.com12 Oct 2015

The stock was the worst performer among the blue-chips on both Sensex and Nifty.

November sees moderate rise in hiring numbers: Job portal

November sees moderate rise in hiring numbers: Job portal

Rediff.com10 Dec 2013

The Naukri Job Speak Index -- which tracks monthly hiring activities online -- stood at 1,300 showing a 1 per cent growth in hiring, when compared to October 2013.

Netflix vs Amazon Video turf wars heat up

Netflix vs Amazon Video turf wars heat up

Rediff.com30 May 2017

Netflix plans local studio in India push. Move comes as rival Amazon Prime Video lines up as many as 18 original shows for India.

ED raids Nirav Modi's Mumbai house; seizes valuables worth Rs 5,716 cr

ED raids Nirav Modi's Mumbai house; seizes valuables worth Rs 5,716 cr

Rediff.com19 Feb 2018

The agency has so far seized diamonds, gold jewellery and other precious stones worth Rs 5,716 crore in the case and summoned Modi and Choksi, the promoter of Gitanjali Gems, to appear before it on February 23 at its Mubai zonal office.

The rupee fall: 10 firms that are most worried

The rupee fall: 10 firms that are most worried

Rediff.com7 Dec 2015

The rupee's fall against the dollar is bad news for companies which have increased their exposure to foreign currency loans in recent years.

DLF files appeal against regulatory ban

DLF files appeal against regulatory ban

Rediff.com17 Oct 2014

India's most heavily indebted property firm, DLF has filed an appeal with the Securities Appellate Tribunal (SAT) against a ban from tapping capital markets for three years, a spokeswoman for the appellate told Reuters.

Infosys gives 6-7% salary hike to employees

Infosys gives 6-7% salary hike to employees

Rediff.com15 Apr 2014

Infosys, as part of performance improvement programme, allows 'poor performers' to undergo training to get into shape.

Infosys gives 6-7% pay hike to employees

Infosys gives 6-7% pay hike to employees

Rediff.com15 Apr 2014

Infosys added 10,997 employees (gross) in the last quarter of FY'14 and 39,985 during the fiscal to take its total headcount to 1,60,405 people.

HCL Tech Q2 net up 5.7% q-o-q at Rs 1,496 cr

HCL Tech Q2 net up 5.7% q-o-q at Rs 1,496 cr

Rediff.com16 Jan 2014

Consolidated dollar revenue $1,321 million, up 4% q-o-q.

TCS Q4 net zooms 73% to Rs 6,413 crore

TCS Q4 net zooms 73% to Rs 6,413 crore

Rediff.com18 Apr 2016

The country's largest software exporter Tata Consultancy Services on Monday reported a stellar 72.7 per cent growth in net profit at Rs 6,413 crore for the fourth quarter of last fiscal ended March 31.

BCCI defies SC, rejects contentious Lodha reforms

BCCI defies SC, rejects contentious Lodha reforms

Rediff.com2 Oct 2016

In a complete defiance of the Supremer Court, the Board of Control for Cricket in India, on Saturday, rejected key recommendations of the Lodha Committee, like one-state one-vote, age limit of 70 years and cooling-off period of three years, setting the stage for another round of confrontation with the apex court.

Infosys Q4 net grows 16.2% to Rs 3,597 crore

Infosys Q4 net grows 16.2% to Rs 3,597 crore

Rediff.com15 Apr 2016

Revenue rose 23.4 per cent to Rs 1,655 crore

Fresh summons issued to SpiceJet, Kalanithi Maran in I-T cases

Fresh summons issued to SpiceJet, Kalanithi Maran in I-T cases

Rediff.com21 Aug 2015

The court had on July 21 issued summons to the firm, Maran and Natrajhen and directed them to appear today after taking cognizance of two I-T complaints filed against them.

How Maruti, Tata Motors & Skoda plan to woo Next Gen buyers

How Maruti, Tata Motors & Skoda plan to woo Next Gen buyers

Rediff.com14 Nov 2017

With swanky showrooms and VR-enabled sales platforms Maruti Suzuki, Tata Motors, and Skoda bet on shine and gloss,and place their faith in experiential branding.

10 ways the Price Waterhouse fallout changed auditing in India

10 ways the Price Waterhouse fallout changed auditing in India

Rediff.com10 Apr 2015

PwC one of the big four audit firms, has expressed disappointment at the conviction of two former partners in the Satyam scam.

Lessons from India's 'brightest investment minds'

Lessons from India's 'brightest investment minds'

Rediff.com29 Jan 2018

'Indians are great savers, but they are lousy investors.'

India Inc goes on a dollar hunt

India Inc goes on a dollar hunt

Rediff.com2 Aug 2013

RIL, Essar, Adani have sounded bankers to raise funds abroad in the coming weeks

iGate CEO to get over Rs 1 crore as performance bonus

iGate CEO to get over Rs 1 crore as performance bonus

Rediff.com10 Feb 2014

Within six months of joining iGate as CEO, Ashok Vemuri will get a performance bonus of $175,000 (about Rs 1.10 crore) for his strategic initiatives, which helped the US-based outsourcer grow revenues by over 10 per cent in the December quarter.

Cognizant Q4 net up 16.3% at $24.3 million

Cognizant Q4 net up 16.3% at $24.3 million

Rediff.com5 Feb 2014

US-based IT services major Cognizant on Wednesday reported a 16.3 per cent rise in net profit at $324.3 million for the fourth quarter ended December 31, helped by broad-based growth across industries and geographies.

Why Sumant Sinha chose clean energy over politics

Why Sumant Sinha chose clean energy over politics

Rediff.com22 Feb 2017

'Right time, right place, right business and I could see I was the right person. It was a now or never moment in a sense. If I didn't do it then, then when? There is little point in entering a business as an entrepreneur when someone else has proven the concept.' BJP leader Yashwant Sinha's son started ReNew Power during the UPA II government to focus on clean energy.

Why top executives are trading cushy jobs for start-ups

Why top executives are trading cushy jobs for start-ups

Rediff.com28 Nov 2015

Why top executives are trading cushy jobs for start-ups

SpiceJet flies into Rs 24 crore Q2 profit

SpiceJet flies into Rs 24 crore Q2 profit

Rediff.com12 Nov 2015

This is the third consecutive profitable quarter for SpiceJet.

Satyam case verdict likely on Dec 23

Satyam case verdict likely on Dec 23

Rediff.com30 Oct 2014

All the 10 accused in the case, including prime accused Satyam Computers founder and former chairman B Ramalinga Raju and his brother and Satyam's former MD B Rama Raju, appeared in the court, as per its direction.

DLF-Sebi case: SAT adjourns hearing till Oct 30

DLF-Sebi case: SAT adjourns hearing till Oct 30

Rediff.com22 Oct 2014

After hearing the petition, filed by the country's largest real estate developer last week, the Tribunal adjourned the matter till October 30 next week, as it sought a response from capital markets regulator Securities and Exchange Board of India on DLF's plea for an interim relief.

HCL Tech Q3 net up 59% at Rs 1,624 crore

HCL Tech Q3 net up 59% at Rs 1,624 crore

Rediff.com17 Apr 2014

HCL Tech is confident of sustaining margins in FY15.

'Urjit Patel is the right man to succeed Raghuram Rajan'

'Urjit Patel is the right man to succeed Raghuram Rajan'

Rediff.com20 Aug 2016

'RBI and the economy will gain tremendously from Urjit Patel's experience in both private and public sectors'

Realty developers unhappy over rate hike by RBI

Realty developers unhappy over rate hike by RBI

Rediff.com20 Sep 2013

Expressing disappointment over RBI's decision to hike the key policy rate, real estate developers said this would lead to increase in finance cost and also affect housing demand during the festive season.

Start-ups lean on temporary jobs to sail through tough times

Start-ups lean on temporary jobs to sail through tough times

Rediff.com30 Jul 2016

With future prospects being difficult to predict, hiring for a short period is proving to be cost-effective

SpiceJet resumes operation, pays cash to buy jet fuel

SpiceJet resumes operation, pays cash to buy jet fuel

Rediff.com18 Dec 2014

Of the 243 listed flights, it claimed to have operated 75 across the country after 1600 hours on Wednesday.

DLF Q1 profit down 38% at Rs 181.19 crore; revenue up 5%

DLF Q1 profit down 38% at Rs 181.19 crore; revenue up 5%

Rediff.com13 Aug 2013

The company's profit stood at Rs 292.79 crore (Rs 2.92 billion) in the year-ago period.

Microfinance industry coming back to life

Microfinance industry coming back to life

Rediff.com9 Feb 2014

New players show up after 3 years; northern states take lead in loan growth.

Obama's immigration tweaks leave Big Tech wanting more

Obama's immigration tweaks leave Big Tech wanting more

Rediff.com21 Nov 2014

The president's moves will make it easier for entrepreneurs to work in the United States

Promoters take biggest hit of Rs 5,500 cr in DLF share plunge

Promoters take biggest hit of Rs 5,500 cr in DLF share plunge

Rediff.com15 Oct 2014

This is one of the rare orders by Sebi where it has barred a bluechip firm and its top promoter/executives.

Kalyan Krishnamurthy: The man Flipkart is banking on

Kalyan Krishnamurthy: The man Flipkart is banking on

Rediff.com27 Jan 2017

Alnoor Peermohamed & Raghu Krishnan find out why the new CEO is said to be the perfect man for turning around Flipkart's fortunes.

DLF shares tank 28% on Sebi order; loses Rs 7,500-crore market value

DLF shares tank 28% on Sebi order; loses Rs 7,500-crore market value

Rediff.com14 Oct 2014

The stock fell by 24.5 per cent to its 52-week low level of Rs 111.25 in opening trade at the BSE.

Is this why Sikka quit Infy?

Is this why Sikka quit Infy?

Rediff.com24 Aug 2017

'Vishal Sikka may have realised that he was in no position to deliver on the promise Infosys made to its shareholders.' 'Perhaps he was looking for an escape route and he quit under the cover of "continuous drumbeats of distractions",' says Sudhir Bisht.

HCL Tech Q4 net up 54% to Rs 1,834 crore

HCL Tech Q4 net up 54% to Rs 1,834 crore

Rediff.com31 Jul 2014

India's fourth largest software services firm HCL Technologies on Thursday reported a 53.7 per cent jump in its consolidated net profit to Rs 1,834 crore (Rs 18.34 billion) for the fourth quarter ended June 30, 2014.

TCS bets on H1-B visas as L1 rejection is high

TCS bets on H1-B visas as L1 rejection is high

Rediff.com19 Jul 2014

The number of applications filed for H-1B visa this year was around 40 per cent higher than a year ago.

Sensex ends below 27,000, IIP CPI data eyed; Infosys major loser

Sensex ends below 27,000, IIP CPI data eyed; Infosys major loser

Rediff.com12 Oct 2015

Participants are eyeing the Bihar elections.