News for 'cfo'

Twice shy Tata ticks all SIA boxes

Twice shy Tata ticks all SIA boxes

Rediff.com7 Apr 2014

Tata Sons and Singapore Airlines (SIA), which recently received a no-objection certificate from the ministry of civil aviation to start a full-service airline (Tata-SIA Airlines), are in the process of securing an import licence for 20 Airbus A320 aircraft.

HCL Tech Q3 net profit up 3.6% on robust demand

HCL Tech Q3 net profit up 3.6% on robust demand

Rediff.com21 Apr 2015

HCL Technologies on Tuesday reported a 3.6% increase in net profit at Rs 1,683 crore (Rs 16.83 billion) for the quarter ended March 31, 2015.

Africa adds flavour to Indian tea firms' profit margins

Africa adds flavour to Indian tea firms' profit margins

Rediff.com20 Jun 2018

Production cost in Africa varies between $1 and $2 a kg while in Assam it is $1.9 and in West Bengal over $2

Lodha report: BCCI to file affidavit in SC pointing out anomalies

Lodha report: BCCI to file affidavit in SC pointing out anomalies

Rediff.com19 Feb 2016

The members approved the recommendation of the BCCI's affiliation committee to grant full member status to Chhattisgarh State Cricket Sangh, which will be part of Central Zone for all BCCI tournaments.

1,823 people quit Infosys in three months

1,823 people quit Infosys in three months

Rediff.com10 Jan 2014

Already facing an exodus of top management, Infosys is also struggling to retain talent at mid and junior levels, with 1,823 people leaving the firm in the October-December quarter.

Tribunal quashes Sebi order against DLF

Tribunal quashes Sebi order against DLF

Rediff.com13 Mar 2015

The shares of DLF soared higher.

Bankers divided over tech vs human touch

Bankers divided over tech vs human touch

Rediff.com7 Nov 2017

There's a long way to go before human beings are replaced by machines -- in banks at least.

Dabur doesn't see threat from Patanjali's 'faith-based' items

Dabur doesn't see threat from Patanjali's 'faith-based' items

Rediff.com6 Jun 2016

'Merely keeping low price may help in the lower segment initially but people have become much more aware and careful about their health and it will eventually determine value for money.'

Missing CCD owner's body found near Mangaluru river

Missing CCD owner's body found near Mangaluru river

Rediff.com31 Jul 2019

The 58-year-old businessman, who is also the son-in-law of former Karnataka Chief Minister SM Krishna, has been missing since Monday evening from Mangaluru.

iGate Q2 net profit falls to $3.1 mn

iGate Q2 net profit falls to $3.1 mn

Rediff.com16 Jul 2014

US-based outsourcing firm iGate on Wednesday said its net profit declined 89.6 per cent to $3.1 million for the quarter ended June 30, 2014 hit by a one-time charge related to a debt settlement.

BCCI not running away from Lodha recommendations, says chief Thakur

BCCI not running away from Lodha recommendations, says chief Thakur

Rediff.com22 May 2016

In his first media interaction after taking over as the president of the Board of Control for Cricket in India, Anurag Thakur on Sunday made it clear that the BCCI is not running away from implementing the recommendations suggested by the Supreme Court-appointed Justice Lodha Committee, however, he clarified that it is not possible to implement all the changes. He gave reference to the one particular recommendation which says that no advertisements should be shown between overs during a live match on television, which he believes will affect the revenues of the BCCI and in turn affect everyone connected to the Board including the former, current and future players. "If you look at the reports, IPL is the fastest growing league in the world, which in itself is a great achievement for the BCCI. They have worked well, the franchises have contributed. If you look at the other side of it, where do you get the major revenues from? It is from the home series. And your revenue comes from where? It is from the advertisements," Thakur said.

Moderate rise in hiring in September

Moderate rise in hiring in September

Rediff.com8 Oct 2013

Hiring activities witnessed a moderate increase of 3 per cent in September with most of the sectors showing positive recruitment trends after a dip in the index the previous month, according to job portal Naukri.com said.

Wipro net profit grows marginally, co unveils bonus issue

Wipro net profit grows marginally, co unveils bonus issue

Rediff.com25 Apr 2017

For the full 2016-17, Wipro's profit fell nearly 5 per cent to Rs 8,518 crore while total income grew 7.4 per cent to Rs 57,995 crore compared to the previous fiscal.

Infosys will execute its strategy around 4 pillars: Salil Parekh

Infosys will execute its strategy around 4 pillars: Salil Parekh

Rediff.com13 Apr 2018

March was the first full quarter for Infosys under its new CEO Salil Parekh.

CBI had threatened me during interrogation: Key 2G witness

CBI had threatened me during interrogation: Key 2G witness

Rediff.com6 Aug 2013

A key prosecution witness in a case arising out of the 2G scam probe on Tuesday claimed that he was threatened by the Central Bureau of Investigation that he would lose his job if investigating officer writes to his employer.

BPO financial irregularities to cost Infosys less than $1 million

BPO financial irregularities to cost Infosys less than $1 million

Rediff.com21 Nov 2014

Infosys, India's second largest information technology (IT) services company, is likely to book an impact of less than $1 million (Rs 6 crore) due to the financial irregularities in the accounts of its business process outsourcing (BPO) arm, which led to the dismissal of the unit's chief financial officer, Abraham Mathews earlier this week.

More heads may roll at Infosys BPO

More heads may roll at Infosys BPO

Rediff.com20 Nov 2014

Infosys is an ethical company with solid processes that respects its customers and this is not going to affect their business, he added.

Why Narayana Murthy must be brought back to Infosys

Why Narayana Murthy must be brought back to Infosys

Rediff.com11 Aug 2017

Describing Murthy as a business icon, T V Mohandas Pai, former CFO of Infosys, said he is more than eminently suited to hold the position of Chairman Emeritus.

From Infosys to Ola: Just who is Rajiv Bansal?

From Infosys to Ola: Just who is Rajiv Bansal?

Rediff.com17 Mar 2017

Raghu Krishnan profiles the man in the eye of the storm at Infosys.

A 'billionloans' for small businesses

A 'billionloans' for small businesses

Rediff.com16 Mar 2017

Ayan Pramanik reports on former Infosys CFO V Balakrishnan's fintech firm, which aims to make borrowing easy for small firms and individuals.

The 3 challenges Rajesh Gopinathan faces at TCS

The 3 challenges Rajesh Gopinathan faces at TCS

Rediff.com22 Feb 2017

Gopinathan is aware of the challenges and opportunities that lie ahead.

Wipro Q4 net falls 1.6% to Rs 2,235 crore

Wipro Q4 net falls 1.6% to Rs 2,235 crore

Rediff.com20 Apr 2016

Wipro results follow estimate-beating earnings by larger rivals Tata Consultancy Services Ltd and Infosys Ltd .

Court reserves judgement in Satyam case

Court reserves judgement in Satyam case

Rediff.com11 Aug 2014

The 10 accused in the case include prime accused Satyam Computers founder and former chairman B Ramalinga Raju, his brother and Satyam's former MD B Rama Raju, ex-CFO Vadlamani Srinivas, former PwC auditors Subramani Gopalakrishnan and T Srinivas, Raju's another brother B Suryanarayana Raju, former employees G Ramakrishna, D Venkatpathi Raju and Ch Srisailam, and Satyam's former internal chief auditor V S Prabhakar Gupta.

Automation to shave off 25,000 jobs in IT sector

Automation to shave off 25,000 jobs in IT sector

Rediff.com1 Aug 2016

Half of the people earning between Rs 30 lakh and Rs 70 lakh will lose their jobs in next 10 years.

Did former PMO, finance minister bailout Vijay Mallya?

Did former PMO, finance minister bailout Vijay Mallya?

Rediff.com28 Jan 2017

The office of former prime minister Manmohan Singh may have taken a special interest to try and keep afloat Vijay Mallya's ailing Kingfisher Airlines against the run of play, e-mails and letters claiming this and accessed by CNN-News18 indicate.

Dr Reddy's Q1 Net up 52.49% at Rs 550 cr

Dr Reddy's Q1 Net up 52.49% at Rs 550 cr

Rediff.com30 Jul 2014

DRL launched four new products in North America during the previous quarter.

RIL doubles average life of its debt to 7.5 yrs

RIL doubles average life of its debt to 7.5 yrs

Rediff.com6 Feb 2015

Reliance Industries has doubled the average life of its debt to around 7.5 years.

iGate hit again with sexual harassment suit

iGate hit again with sexual harassment suit

Rediff.com6 Feb 2015

iGate has been hit with another sexual harassment suit by an ex-employee.

Indian firms to raise $5-billion forex loans

Indian firms to raise $5-billion forex loans

Rediff.com22 Jul 2016

The private companies announced projects worth Rs 11.33 lakh crore (Rs 11.33 trillion) during 2014-16.

I am not resigning, says Infosys Finacle Head Haragopal

I am not resigning, says Infosys Finacle Head Haragopal

Rediff.com8 Jun 2014

Last week, its global head of strategic sales, marketing and alliances Prasad Thrikutam resigned from the job marking the 11th senior management executive exit from Infosys since Murthy's return.

Struggling SpiceJet gets yet another relief

Struggling SpiceJet gets yet another relief

Rediff.com16 Dec 2014

Meanwhile, Minister of State for Civil Aviation Mahesh Sharma said that there was no question of any bail out to the beleaguered carrier

UK court denies bail to Nirav Modi

UK court denies bail to Nirav Modi

Rediff.com29 Mar 2019

The judge fixed April 26 as the next date of hearing when he will appear via video link from jail.

HUL Q2 net up 8.13% despite subdued demand

HUL Q2 net up 8.13% despite subdued demand

Rediff.com27 Oct 2014

Overall expenses in Q2 stood at Rs 6,473.68 crore, as against Rs 5,871.25 crore in the year-ago period.

Infosys Q3 profit up 7% at Rs 3,465 cr, beats estimates

Infosys Q3 profit up 7% at Rs 3,465 cr, beats estimates

Rediff.com14 Jan 2016

Consolidated net profit rose to Rs 3,465 crore in its fiscal third quarter to December 31.

Satyam case: Raju appears in court on money-laundering charges

Satyam case: Raju appears in court on money-laundering charges

Rediff.com4 Apr 2014

The Enforcement Directorate in October last year had filed the complaint against Raju and 212 others, including 166 companies, before the XXI Additional Chief Metropolitan Magistrate Court cum Special Sessions Judge here for allegedly laundering funds under a 'corporate veil' to perpetrate the accounting scam that rocked the business world in 2009.

Why Indian telcos love China's Huawei, ZTE

Why Indian telcos love China's Huawei, ZTE

Rediff.com27 Dec 2018

'The huge amount of investments being made by telcos in India for telecom gear, there is no way this demand could be met only by Europeans.' 'The Chinese are quick in installation and offer great value for money.'

Your dream house will cost more now

Your dream house will cost more now

Rediff.com1 Mar 2015

Increase in service tax would make properties costlier to buyers.

Court summons SpiceJet, Kalanithi Maran as accused in IT cases

Court summons SpiceJet, Kalanithi Maran as accused in IT cases

Rediff.com21 Jul 2015

Kalanithi Maran and another top company official have been summoned as accused by a Delhi court in two tax evasion cases.

eBay to hive off PayPal by 2015

eBay to hive off PayPal by 2015

Rediff.com30 Sep 2014

eBay and PayPal will be sharper and stronger, and more focused and competitive as leading, standalone companies in their respective markets.

Er, who owns SpiceJet?

Er, who owns SpiceJet?

Rediff.com12 Jul 2017

Kalanithi Maran claims deal with Ajay Singh is dead; SpiceJet spokesperson says Maran's claims are baseless and false