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 »
