Infosys up 1.5%, Aikido to help achieve $20bn revenue
Shares of Infosys gained 1.5 percent intraday Friday in an otherwise weak market. Sharp fall in rupee and launch of three new service offerings on Thursday drove the stock higher. The country’s largest software services exporter launched Aikido, three next-generation services in design... read more »
Ashwani Lohani is a railway man and tourism veteran; can he pull Air India ...
New Delhi: Ashwani Lohani has been featured in the Limca Book of Records in 2007 for holding four different engineering degrees. With his appointment as the chairman and managing director of Air India succeeding Rohit Nandan, he may well get to create some new records in the aviation industry.The... read more »
SBI chief is more right than Raghuram Rajan on the threat from payment bank...
Are payment banks a threat to regular banks or are they allies in the business of financial inclusion? At an economic conclave yesterday (20 August), the Reserve Bank governor and the State Bank chairman disagreed on the issue. While Raghuram Rajan said payment banks could be allies to regular... read more »
Tata Communications Shares Jump 4% on Buzz of Sale of Data Centre Business
Tata Communications shares advanced nearly 4 per cent to hit intraday high of Rs. 418 in a weak market after The Economic Times reported that Google and e-commerce giant Amazon are in talks with Tata Group to buy Tata Communications’ data centre business. The Economic Times report says that... read more »
‘Bomb’ boat crew didn’t look like fishermen: Coast Guard
Gandhinagar – Indian Coast Guard (ICG) on Saturday said suspicions were raised about the identity of crew of the explosives-laden boat intercepted by them, as they did not resemble... read more »
Jammu and Kashmir : Heavy firing on BSF posts in Hiranagar sector, one woman killed
Jammu – One woman was killed and six injured in the fresh firing by Pakistan Rangers on BSF posts in Jammu and Kashmir’s Hiranagar sector on Saturday afternoon. The fresh round... read more »
SoftBank’s $650 million injection to value Snapdeal at $2 billion
SoftBank Corp is set to invest up to $650 million in Snapdeal in a deal that could see it become the largest shareholder with a nearly 35% stake in India’s second-biggest online... read more »
Modi replaces top finance mandarin Mayaram in first major shakeup
Prime Minister Narendra Modi has transferred the top civil servant at the finance ministry, replacing him with a top official from Rajasthan, the state that has pushed dramatic free market... read more »
Hunt for 100 Trekkers Missing After Deadly Nepal Storm
KATHMANDU: Nepalese rescuers on Thursday scoured Himalayan hiking routes for more than 100 trekkers who have been out of contact since a snowstorm and avalanche that have killed around 32 people,... read more »
