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US firm to buy Yatra Online for Rs 2,327 crore

Ebix said the acquisition of Yatra would lend itself to significant synergies and the emergence of EbixCash as India’s largest and most profitable travel services firm. Illustration: Dominic......

Infosys @ 25: Stock surges 23% on BSE in 2018

Starting its journey with a gross revenue of $5 million during its stock market debut on June 14, 1993, Infosys has reached dizzying heights, with a revenue of $10.93 billion in 2017-18 With......

Fraud in sight, De Beers cuts India's rough diamond allocation

‘We don’t trade with any business where we have specific concerns,’ a De Beers spokesperson said.  The world’s leading diamond mining group, De Beers, has reduced its......

HCL Tech bucks trend, PAT up 16.7%, but CEO departs

IT services firm HCL Technologies on Friday reported a 16.7 per cent increase in net profit at Rs 2,014 crore for the quarter ended September 2016. The Noida-based firm had posted a net profit of......

Tesla puts pedal to the metal, 500,000 cars planned in 2018

Tesla, which produces the luxury Model S sedan and Model X sport utility vehicle, aims to become a high-volume automaker in a matter of years Tesla Motors Inc said it was stepping up production......

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