Advertisement

HindustanTimes Mon,21 Apr 2014

Business

TCS, Mitsubishi to form software services company

Tata Consultancy Services
India's largest IT services exporter Tata Consultancy Services has signed a pact with Japan's Mitsubishi Corp to create a Japanese software services provider, the companies said in a statement.

Sensex, Nifty surge to record high; Sesa gains

Bombay Stock Exchange
The Sensex and Nifty hit record highs on Monday as lenders such as Axis Bank rallied ahead of their financial results starting later this week, while strong gains in debt markets reduced concerns about potential losses in the sector's bond portfolios.

Wipro slumps as Q1 outlook seen below estimates

Wipro
Shares in Wipro fell more than 4% in early trade after company's IT revenue guidance was seen below estimates by some analysts.

Tech giants glow pink again as key markets edge back to normal

Infosys
The Big Four of India’s software-led services industry that includes business process outsourcing (BPO) pleasantly surprised the markets this month with solid results for the January-March quarter.

'Gujarat model' has become a 'political currency': Montek

Montek Singh
Planning Commission Deputy Chairman Montek Singh Ahluwalia has said the term 'Gujarat model' has become a 'political currency' but he is not sure of its meaning.

700 trainees opt for exit plan at Nokia’s Chennai plant

Nokia
Finnish handset maker Nokia, struggling to shepherd its Chennai plant into its agreement to be bought by US software giant Microsoft amid tax disputes in India, has got some success with 736 of its trainees accepting the voluntary separation scheme.

Google a top pick for Wall Street despite weak Q1

Eric Schmidt
Google Inc’s disappointing first-quarter results left Wall Street unfazed about the Internet giant’s ability to come to grips with the shift to the fast-growing mobile advertising market.

Touched for being awarded GBE by UK: Ratan Tata

3 Ratan Tata: Rs. 69,132 crore (as on October 31, 2008)
Ratan Tata, chairman emeritus of Tata Group, on Wednesday said he was 'deeply touched' for being one of five foreign nationals to be honoured by Queen Elizabeth with the GBE (Knight Grand Cross) in 2014.

Wipro Q4 net up 41%, beats expectations

Wipro

India’s third-largest software services exporter, Wipro, on Thursday beat expectations with a 41% year-on-year growth in consolidated net profit to Rs. 2,230 crore for the quarter ended March 31. 2014 aided by IT spending by customers.

Rupee extends losses; oil demand hurts

Indian currency notes
The rupee is trading at 60.45/46 versus its Thursday's close of 60.29/30 as dollar demand for gas and oil imports aids.

Rajaratnam's brother loses bid to dismiss insider trading charges

Raj Rajaratnam
Rengan Rajaratnam, the younger brother of imprisoned hedge fund manager Raj Rajaratnam, on Friday lost a bid to dismiss some of the insider trading charges leveled against him last year.

New govt may raise agricultural credit target in budget

A farmer harvesting
The new government is likely to come under pressure to further increase agriculture credit target to maintain high farm growth, which is an essential pre-condition for a wider economic revival.

RIL sees flat Q4 net, but full-year profit hits record

Reliance
Reliance Industries Ltd on Friday reported a marginal rise of 0.8% in its net profit in the fourth quarter, even though the company’s quarterly profits were the highest in more than two years.

Glenmark pulls 2,900 bottles of ulcer drug in US

Reliance

India's Glenmark Pharmaceuticals Ltd is recalling some  2,900 bottles of its stomach ulcer drug ranitidine in the United States after a foreign tablet was found in one of the bottles.

Rajat Gupta to surrender on June 17 in insider trading case

Rajat Gupta
Gupta was convicted in June 2012 on securities fraud and conspiracy charges for having fed tips, from Goldman board meetings in the second half of 2008, to longtime friend Raj Rajaratnam, founder of the Galleon Group hedge fund firm.

'Chief Yahoo' David Filo returns to board

Yahoo

Yahoo announced the nomination Wednesday of three new board members, including company co-founder David Filo, who earned the nickname and formal job title of "Chief Yahoo."

more »

 

Advertisement

cities

Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved