Alnoor Peermohamed & Raghu Krishnan find out why the new CEO is said to be the perfect man for turning around Flipkart's fortunes.
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.
The number of applications filed for H-1B visa this year was around 40 per cent higher than a year ago.
'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.
Participants are eyeing the Bihar elections.
Most airlines have fattened their profits, turned the corner, or cut their losses, except AirAsia India.
From inflation, central bank shifts focus to rupee stability and capital flows.
The Department of Post, Tech Mahindra, Videocon Group and stock exchange NSE have joined big corporates like Ambanis and Birlas to seek entry into banking business through newly created niche category of Payments and Small Finance Banks.
Not many people know that today's BPM industry gives specialists great career options.
A government-instituted panel which probed the extent of non-compliance by General Motors in re-fitting pre-approved engines on Tavera models sent for inspection to meet specified emission norms, submitted its report late on Monday evening, holding the company responsible for corporate fraud.
In FY16, Infosys had 48 employees in India who were paid more than Rs 1 crore in annual compensation, as compared to 111 in FY15.
Between 2000, when Steve Ballmer became the chief executive officer of Microsoft, and now, when he has announced his retirement, the company's earnings have more than doubled and its revenues have increased over three-fold.
Infosys on Friday said it is in discussion with clients for a contingency plan to ensure business continuity in the event of the US immigration reforms bill becoming a law.
Some initial reactions to Prime Minister Narendra Modi's announcement of demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight.
The company plans to overhaul business and rationalise costs in a bid to reach parent Unilever's new profit targets, reports Viveat Susan Pinto.
Infosys on Friday posted a 3.5 per cent rise in quarterly net profit, lagging analyst estimates.
Timing is crucial for a short-sell, so is an understanding of likely float.
Infosys, however, feels the high level of cash is an important tool to weather tough times.
A few adjustments can help foreign travellers and students reduce the impact of a falling rupee.
Google Inc announced a surprise overhaul of its operating structure on Monday, creating a holding company called Alphabet to pool its many subsidiaries and separate the core web advertising business from newer ventures like driverless cars.
Now mergers, acquisitions, sale of assets, fundraising, strategic intent and competitive position in the market are part of business life everywhere.
Experts attribute this to new launches in anticipation of a demand revival after the 2014 general elections.
Decision to build or buy a platform is a function of price but buyouts are helping large investors create a medium and influence outcomes.
FMCG major Hindustan Unilever on Friday reported 23.43 per cent decline in net profit at Rs 1,019.25 crore (Rs 10.19 billion) for the first quarter ended June 30, 2013.
Bharti Enterprises Group CFO Sarvjit S Dhillon said there is more clarity on the regulatory front now, which is a good sign for the industry.
Kamil's elder sister Samina Vaziralli has taken on an expanded role
With its nominees on the board, Tata Sons will have the controlling stake of 51%.
The chief of the British telco's Indian subsidiary, which is the second largest cellular operator in India, also said the recent decisions by telecom authorities have disappointed the sector.
The CBI has shared its findings with the Enforcement Directorate.
The fresh iPhones, unveiled on Wednesday, incorporate a version of the Force Touch technology already in some Apple laptop touchpads and its watches.
Most companies often subsidise the sale and the delivery, making losses on their books.
Indian airline SpiceJet Ltd said on Thursday that its billionaire owner, Kalanithi Maran has proposed to transfer majority ownership in the ailing carrier to co-founder Ajay Singh.
Why Kia is keen to drive into India? The Korean automobile maker plans to carve out a niche for itself in the crowded Indian market with its compact sedans and SUVs.
When it comes to key hands-on management positions, India Inc is still largely run by men.
Asking the government to tweak FDI norms in multi-brand segment, retailers said sourcing rules must be made similar to that of single brand while demanding foreign firms be allowed to put only 50 per cent of first tranche of investment in back-end infrastructure.
The Reserve Bank of India cut its repo rate by 25 basis points to 6.50 per cent.
'Why Twitter? To reiterate, because Live is powerful'.
For debt-laden companies, asset sales is an obvious solution.
YES Bank raises base rate; HDFC Bank, Axis hike deposit rates.
It is not often that Goswami's Nation-Wants-to-Know shows become material evidence in a murder trial no less. Nor was it something CBI Special Judge J C Jagdale was wildly enthused about. It had to be done because as he put it to CBI Special Public Prosecutor Kavita Patil caustically: "Your witnesses gave interviews to channels about a serious crime."
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