Mistry said he hoped the company would soon take a decision on appointing a woman as director on the board.
Infosys had earlier this year decided to expand its 'Innovation Fund' five times to $500 million to provide financing to start-ups and new technologies.
Though inflation, on the basis of the wholesale price index, is nowhere near the 1990-91 level of 10.26 per cent and India is in a much better position to check it, the greater integration of our economy with the globe has exposed it to a much higher risk of imported inflation.
India was less directly affected by the Chinese stock market rout and yuan devaluation that battered currencies and markets in the region.
The TCS results are probably a pointer to the subdued outlook.
'Earlier, when they were selling tickets at Rs 1,000, a family of five could travel by flight.' 'When it comes to realistic pricing and the price becomes Rs 5,000, a family of five will have shell out Rs 25,000.' 'How many will be able to afford that?' 'You will see people switching back to train travel which is more realistic.'
Sales, which were growing impressively in the first seven months of the year, decline in November. Ajay Modi reports.
Eco affairs secretary says double counting possible; cash availability to improve in three weeks.
The currency ban has changed the lives of the people facilitating this move across India.
The first reason is engineering services, says Anant Gupta
Irrational behaviour, born out of incomplete understanding, biases, overconfidence, fear or greed, has led investors to make less than half of what they could have in the capital markets, says Erik Hon.
Election Commission officials said they have deployed around 680 companies of central police forces and over 20,000 state police personnel in over 53 constituencies of South 24 Parganas, Kolkata South and Hooghly districts going to the hustings on Saturday in the fifth phase of polling.
Because of Rajan's policies, the banking system has mustered enough courage to disclose their toxic assets
Maruti Suzuki's inventory across its dealerships is a 100,000 vehicles at the end of any month. However, it was only 34,000 vehicles at the end of December 2016.
The regulator said that it is vested within its purview to regulate the bank account for payment systems and the settlement systems are finally posted in the books of account of banks with the RBI to attain settlement finality.
Sensex firm on favourable GDP numbers for FY16.
From farmers to cement, steel, logistics, transportation and automobiles, the back-end is struggling to get going due to the liquidity crisis.
'Gold could return 10% to 12% in the next two-three years.'
Overall, the populist/ electoral elements in the budget have remained measured with the finance minister being clearly aware of a higher-than-expected rise in oil prices, less-than-planned tax revenues and the wider deficit for FY 17/18, constraining his margin of maneuver, says Claude Claude Smadja.
Market breadth is positive with 942 advances and 196 declines.
While GST and insolvency laws are among the major achievements of the Modi government, the list of failures include demonetisation, toxic banks, manufacturing hiccups and most prominently bizarre job creation figures. Mihir S Sharma takes a look at the four years of Modi government.
Open loop pre-paid cards come with a two-factor authentication. One for ATMs and PoS transactions, and the other for online transactions
The S&P BSE Sensex dropped 207 points to end at 25,230.
'Clearly, the financial system is a drag on the economy and underlines the need for improving banking practice, regulation and oversight.' 'Without that, and an end to the cronyism that caused part of the problem, one can kiss goodbye to 8% growth,' warns T N Ninan.
"Our agenda is to fight for a country free of corruption and black money. But their agenda is to close (disrupt) Parliament...I am puzzled," Modi said.
Pharma major Lupin and mortgage lender HDFC were the top losers.
Stock crashes 6.5%; top 5 firms lose Rs 33,883 crore in market cap
Nifty ends above 8,400; TCS, HDFC surge 2%, Bajaj Auto dips 2%.
Even as good days continue to elude the economy at large, they seem to have arrived for Maruti Suzuki.
Stockmarket Gurus Raamdeo Agrawal, Manish Gunwani, S Naren and Nilesh Shah discuss their favourite themes for the New Year.
'If one is looking for evidence of his talents as a mass leader, it has been on display since he announced demonetisation on November 8.' 'Let us look at it and appreciate it, because we are in the presence of a true master,' says Aakar Patel.
India lost fastest growing major economy tag to China in the March quarter with a GDP growth of 6.1%
Maruti is expected to post double-digit growth on product launches and good demand for entry-level cars.
The central bank dashed hopes of any steep interest rate reduction.
IT major Wipro on Friday reported a 9 per cent rise in Q3 net profit at Rs 2,192.8 crore in Q3.
India's record current account deficit has been a key reason behind why Standard & Poor's and Fitch Ratings cut their outlooks on the country's sovereign rating to 'negative' last year.
Union ministers fanned out across the country to highlight the crackdown on black money to mark the first anniversary of demonetisation on Wednesday which the Bharatiya Janata Party celebrated as "Anti Black Money Day" while the Congress-led Opposition observed it as "Black Day" with street protests.
India has been a core portfolio holding for emerging market funds.
The people of the nation co-operated and patiently waited for the government's promised "ache din", and now they want their just rewards, says Adhil Shetty.
Like pharmaceutical companies globally - which used to enjoy a preferential exchange rate in Venezuela - Indian producers have been left badly stung by the collapse of the bolivar currency
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