Reliance MF, the country's largest fund house, has witnessed an increase of about 13 per cent with the average AUM crossing the Rs 1,00,000 crore mark in May as compared to Rs 88,387.98 crore at the end of April. In May 2008, it had crossed the Rs 100,000 crore mark, but in terms of total assets under management. This time, the level has been crossed in the average monthly AUM, which is taken into consideration in the data released by the Association of Mutual Funds of India.
India has signed an agreement with the Canadian Light Source and the University of Saskatchewan to promote synchrotron research, a high tech area of nuclear research.
N Chandrasekaran received Rs 2.62 crore (Rs 26.2 million) as perks.
Monthly SIP inflow is Rs 6,000 crore, with a little over 1.75 million accounts
Bill Gates foundation also wants to help the state to eradicate kala azar.
The whistleblower, claiming to be an employee working in the finance department, said he was submitting a 'whistleblower complaint' unanimously as the matter stated was 'volatile' and that he feared retaliation on disclosing the identity.
Infosys usually gives a wage rise to employees every April.
The latest whistleblower complaint accusing him of pressuring finance team members to inflate profitability has come right out of the blue. There's another allegation that he made racist remarks against some board colleagues. For a man with a singular focus on the business and clients, all of this must have blindsided him.
We have to really focus on improving productivity: infy, COO
Investors are already factoring in the impact. The IT Index on the BSE exchange dipped 2.5 per cent, with Infosys, Wipro and TCS showing a decline.
For a while, it seemed the markets were going on a free fall.
Infosys COO says, the firm is trying its best retain talent.
The share buyback -- which will be the first in the company's 36-year history -- has been a long-standing demand by some of the founders and high-profile former executives, who have been pushing Infosys to return surplus capital to its shareholders.
The financial year ending Saturday saw such big-ticket events that set the directional tone for the country's business journey.
Columns, interviews, slide shows and the most happening reports.
Over 700,000 new investor accounts have been opened so far in FY15.
The recent weakness in stock markets has provided an opportunity to buy quality stocks relatively cheaper
Several of the mutual fund schemes have plans like dividend, growth and bonus.
This time an anonymous whistleblower made an appeal to market regulator Sebi to probe an agreement made by the tech giant with some of its ex-directors.
Sreehari Nair is *not* impressed by this lot of films at all.
N Chandrasekaran saw his annual compensation rise to Rs 25.6 crore.
Ranganath has held several leadership positions.
Sebi wanted to know how much Mutual Fund head honchos were paid. A look into who got how much...
With this, the total strength of TCS's board has increased to 11.
The whistle-blower may strongly feel about the issues he had raised.. the regulator will follow the due legal process and decide, Balakrishnan said.
Seshasayee has been an independent director on the company's board since January 2011.
Punita is the founder and managing partner, Pacific Paradigm Advisors
What is perhaps most fascinating is that Infosys was not the first large Indian IT company to raise its head, nor has it been the largest; but it has often shown a remarkable ability to market itself so that it has punched above its weight.
Infy to cast wide net in CEO search, may go back to 'alumni'
Nia builds on Mana, the first AI platform introduced by the software services major last year. It also includes the robotic process automation capabilities of AssistEdge, another Infosys solution.
Credit Suisse thinks it possible for the company to narrow its forecast ('guidance') range.
Sebi found that on average, the remuneration paid to CEOs in certain Indian companies are far higher than the remuneration received by their foreign counterparts.
India seeks greater market access for its products including textiles, pharmaceuticals and bovine meat.
The project is supported by the Department of Jobs through IDA Ireland.
'She's a young, fragile, innocent girl who is put through a tumultuous journey.' 'Her fragility remains intact, and she does not metamorphose into a superwoman.' 'Alia has that vulnerability and fragility in her.'
The thrust, they feel, remains on design thinking, AI and digital besides enhanced focus on investing in selling and marketing efforts, expanding local talent base and re-skilling staff
Infosys on Friday posted a 3.5 per cent rise in quarterly net profit, lagging analyst estimates.
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