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Infosys in Focus on Buzz of Winning Cont...

Infosys in Focus on Buzz of Winning Contract for GST Network

Infosys shares edged higher by 0.30 per cent on Monday after reports, citing sources, said the IT major has bagged the contract for building the goods and services tax (GST) network across the country for rolling out of the new indirect tax regime. Reports pegged the value of the contract at Rs... read more »

Govt likely to implement Companies Act f...

Govt likely to implement Companies Act fully by March 2016

The Companies Act, 2013, is likely to be implemented fully by March 2016, says president of the Institute of Company Secretaries of India (ICSI), Atul H Mehta. Addressing a press meet here, Mehta on Sunday said the Act is being implemented partially and the un-implemented sections of the National... read more »

Government Mulls Raising FDI Cap to 100 ...

Government Mulls Raising FDI Cap to 100 Percent for DTH, Cable Networks

Government is considering a proposal to raise FDI limits to 100 percent in broadcasting carriage and content services, including DTH and cable networks, aimed at attracting overseas investment and improve infrastructure. An inter-ministerial committee is considering FDI proposals, including hiking... read more »

Larsen & Toubro bags orders worth R...

Larsen & Toubro bags orders worth Rs 1,810 crore

Engineering major Larsen & Toubro (L&T) on Monday said it has bagged orders worth Rs 1,810 crore across various verticals so far in this month. The company’s construction arm has secured these contracts in the buildings and factories, water, power and transportation infrastructure... read more »

More from Business

Govt to sell stake in Oil India, NTPC, 3 other PSUs

The government will sell a minority stake in the nation’s biggest power producer NTPC, as well as in Oil India Ltd and three other PSUs as part of its disinvestment drive. The... read more »

India is now a $2-trillion economy

India’s GDP crossed the $2-trillion mark in 2014, according to data released by the World Bank in Washington late on Wednesday. After taking 60 years to reach the $1-trillion mark, India... read more »

DBS India posts Rs 275-cr loss in FY15 on provisioning

Singapore-based DBS Bank has posted a loss of Rs 275 crore in FY15. This is the first time the bank has incurred a loss in its India business since it set up its first branch in India in... read more »

A Google blunder knocked £175 off the price of a Nexus 6

A technical blunder at Google meant late-night shoppers could have picked up a 32GB Nexus 6 for as little as £304 ($474). Normally, those phones sell for £479 ($746). The Independent... read more »

Reliance Communications rallies after multiple block deals

Shares of Reliance Communications have moved higher by 8% to Rs 62.95, bouncing back 11% from intra-day low on the BSE after multiple block deals were executed in the counter. At 1208 hours, around... read more »