India's innately hierarchy-prone corporate culture produces its share of willing sycophants, says Kanika Datta.
It has replacements ready even for senior managers, in case someone quits.
The Central Bureau of Investigation on Monday questioned former Indian air force Chief S P Tyagi and two others in connection with alleged irregularities in the AgustaWestland helicopter deal.
Parrikar also took a dig at Congress president Sonia Gandhi, saying translation from Italian was not easy 'at least for the ruling side. May not be a difficult task for the Opposition'.
In terms of the number of deals, there has been a decline of 13 per cent
The Central Bureau of Investigation has sent a letter to the Indian embassy in Italy seeking details on the arrest of Guido Ralph Haschke, the alleged middleman in the Rs 3,600 crore AgustaWestland VVIP chopper deal, by Swiss authorities.
Nifty50 surged 145 points to close at 8,468 after hitting an intra-day high of 8,475.
India is set to sign an agreement with the US to resolve transfer pricing disputes, which will then serve as a template for settling such rows with multinational companies based in the UK, France and other European countries.
Sector added only 200,000 employees in FY16, down from 230,000 in FY15
Sikka said since more and more of the work is now becoming automated, the Indian IT companies need to focus much more on the innovative areas and on the new areas.
Sebi has been probing Prayag Group for allegedly running unauthorised collective investment scheme and for defaulting in repayments to various small investors.
The Enforcement Directorate on Thursday filed its first chargesheet in a Delhi court against businessman Gautam Khaitan and others, including two Italian nationals, in connection with its money laundering probe in the Rs 3,600 crore VVIP chopper deal.
Modi is ranked fifth on the 2015 roster of 'World's Greatest Leaders' with Satyarthi coming in at the 28th spot.
IT majr Wipro needs stability at the top deck, say industry watchers.
The 30-share Sensex ended down 66 points at 28,438 and the Nifty ended down 15 points at 8,633.
The 30-share Sensex gained 271 points to end at 28,805 and the 50-share Nifty ended up 84 points at 8,712.
I would prefer a government that is stable and progressive, a government that takes quick decisions, a government that is much more oriented towards creating jobs, and one that attracts a lot of foreign investments, says N R Narayana Murthy.
Flipkart's valuation of $15.2 bn arrived at during latest round of $700-mn fund raise.
No longer an in-house task; hiring legal eagles is now becoming norm for M&As, fundraising
Though the intent has been hailed as good for the economy, teething problems remain with a five-rate structure for various goods and services
Enforcement Directorate on Wednesday opposed in a Delhi court the bail plea of businessman Gautam Khaitan, arrested in connection with the money laundering case related to Rs 3,600 crore VVIP chopper deal, claiming that he was behind the "parking" of alleged kickbacks in the matter.
The BSE Mid-Cap index was currently up 0.83%. The BSE Small-Cap index was currently up 0.8%.
If GDP growth in Q2FY18 remains below 7%, the outlook for Samvat 2074 would remain uncertain at best, says Nitin Desai.
SmartCommute is a solution for employee commuting safety, which helps track employees and vehicles during regular commutes and also helps employees contact transport management teams efficiently in case of an SOS situation.
The Bombay Stock Exchange (BSE) has slapped fines on 530 listed companies for failing to meet a deadline to appoint a women director and boost gender diversity in their boardrooms.
The aggrieved investors of National Spot Exchange (NSEL) have moved the Securities and Exchange Board of India (Sebi) against Financial Technologies (FTIL), the listed promoter.
A combination of bank guarantees, letters of credit, buyer's credit for computer servers have been provided to the two local operational arms by Kotak Mahindra Bank and Deutsche Bank.
Barely 10% of small businesses are in a GST-ready position, say experts
The Enforcement Directorate on Friday slapped a money laundering case against former Indian Air Force chief SP Tyagi and 20 others in the Rs 3,600-crore AgustaWestland VVIP chopper deal to probe alleged kickbacks of Rs.360 crore.
India has received a fresh tranche of crucial documents from Italy in connection with Rs 3,600 crore VVIP helicopter deal which is likely to help Central Bureau of Investigation in expediting the probe into the bribery scam allegedly involving the then Indian Air Force chief S P Tyagi.
Company says integration of various businesses will reap fruit.
Approaches Morgan Stanley, GIC and Blackstone
Sanjay Jalona, CEO & MD of LTI says the push would be to increase digital business and look at outcomes in projects for customers.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
At a time when others are cutting on development of commercial property, plans to add 50% more of IT space.
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.
Software employees can opt for company-run programmes, online courses, boot camps to upgrade skills.
Despite lay-offs and the threat of automation, the industry will continue to be an important driver of growth in employment and GDP, says Ashok Soota.
Natco Pharma, Wockhardt and Marksans have rallied between 50 and 70 per cent in the year till date.
Recovery in US gives extra boost to IT/ITeS office deals in Bangalore and the National Capital Region.
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