Consolidated revenue rose to a record Rs 163,854 crore.
According to the research, the digital transformation comes with its own share of risks.
Reliance Communications Ltd (RCom) on Friday announced the sale of 51 per cent stake in its telecom tower business to Canada-based Brookfield Infrastructure Group, for an upfront cash payment of Rs 11,000 crore.
'Once we are past this electoral season, during which all promises are presented as free lunches, could we bring such non-populist issues into focus?' 'Like fixing the problems of the public sector?' points out T N Ninan.
She is of the view that businesses are the only functioning entities around the world as they are creating jobs as well as engines of efficiency.
The Anmol effect: R-Cap shares jump 40% since junior Ambani joined the board
Like their international peers, Indian CEOs too have a significant portion of their incomes coming from stock options and performance-linked bonuses
The challenge before TCS is to be totally at home with the IPR regime of developed economies.
'The list of things to be done or added or removed will keep growing and it will be a while before the emerging models settle down into lasting structures,' predicts Umesh Shrikhande, CEO, Taproot Dentsu.
The days when clean sheets and a well-stocked minibar were enough to ensure a satisfied customer are long gone, says Frederick Sabty.
India's second largest IT firm Infosys has extended the tenure of its chief Vishal Sikka by nearly two years till March 2021, saying his initiatives have helped the company move towards reclaiming its industry leadership position.
The Tata group is planning a big splash.
His global experience, deep business acumen and long association with the Tata Group will prove invaluable in his new role: ICICI Bank MD and CEO Chanda Kochhar.
'What is the fun of making a film without any message?'
The one common theme across companies that have rewarded shareholders is consumption.
Currently, companies are taxed in the jurisdictions in which they have a physical presence. However, digital businesses generate revenues from markets without a significant physical presence in a country.
When President Obama lands in New Delhi later this week, this spirit of accommodation must reignite a strategic economic relationship between the two countries.
According to documents accessed by Business Standard, RIL increased its direct stake in Jio to 98.9 per cent as on March this year by pumping more capital into the company.
Raghavendra Kamath reports on what ails India's real estate sector.
'What's the point in lamenting widespread toxic work culture, and the capitalist system that gives rise to it if there is no alternative?' 'Actually, there is,' says Ashish Sharma.
'An internationally established price of crude will encourage more players to invest in India, leading to enhanced domestic production which can be made available to domestic refineries,' recommends Anil Agarwal whose company Vedanta Resources has a controlling stake in Cairn India that operates the country's biggest onland oilfield in Barmer, Rajasthan.
The company also expects to benefit in its proposed banking foray through partnership with Japan's Sumitomo Mitsui Trust Bank and Nippon Life Insurance
BofA-ML mandated to find buyer for 27.5% stake in media group's holding firm
The first quarter of 2018 saw infrastructure and real estate drive investment worth close to $8 billion across 180 deals
Returns on capital harder to sustain as debt levels rise; responsibility for this invariably of firms themselves
RBI recently hiked LRS limit to $125,000 or Rs 7500,000 as on Aug 19 with $/rupee rate of 60
Sikka said he needs to move forward and return to environment of respect, trust and empowerment, where he can take on new lofty challenges.
TCS hopes the Rs 2,628-crore (Rs 26.28 billion) bonus to its employees will help contain the high attrition level.
In new year message, Sikka warns staff of automation, Premji talks of Wipro's core values
Aam Aadmi Party will impact companies directly connected to Delhi.
With more firms now offering stock options to their chief executives, the salaries of these managers are sky-rocketing.
Ambani said, in the telecom space, the focus will be on debt reduction, and the virtual merger did away with the need for major capex and will help towards this
'There are different kinds of risk.' 'It is a very powerful value. Your ability to de-risk the risk is also as important for risk taking.'
Anil Ambani will take over as the chairman of Pipavav Defence
Buffett's remembers his association with Munger that began in 1959.
Today Aashirvaad, ITC says, has 75 per cent of the market.
Retired banker P Balagopala Kurup says one of the reasons he favours inflation targeting is that its first priority is to insulate the lesser fortunate citizens from adversity and in the process to ensure that the economy retains its inherent vibrancy and strength.
Gaurav Deepak has raised funds for about 100 new-age entrepreneurs.
'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.
Do you have the courage to look through failures and unexpected pitfalls?