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Indian M&E sector to clock over Rs 291,000 crore by 2021: PwC

The Indian media and entertainment sector is expected to clock over Rs 291,000 crore by 2021 growing at compounded annual growth rate (CAGR) of 10.5 per cent between 2017 and 2021, according to a PwC report.

Committed to 6.5-8.5% revenue growth: Infosys COO Committed to 6.5-8.5% revenue growth: Infosys COO

IT services giant Infosys on Tuesday said it remains "committed" to its guidance of 6.5-8.5 per cent revenue growth this year even as some clients ask for projects to be carried out at 30-40 per cent lower costs than before.

Pay cashless traffic fines on Paytm now Pay cashless traffic fines on Paytm now

Mobile payment and commerce platform Paytm on Wednesday launched a convenient mode on its platform for payment of traffic fines.

RCom rejects rating downgrades by Moody's, Fitch RCom rejects rating downgrades by Moody's, Fitch

Telecom operator Reliance Communications on Tuesday rejected credit rating cuts by Moody's and Fitch as the agencies' views apply only on its USD 300 million bonds, which are being serviced regularly.

India Inc disappointed as RBI keeps rates unchanged India Inc disappointed as RBI keeps rates unchanged

As the RBI left lending rates unchanged, India Inc on Wednesday expressed disappointment saying the central bank has chosen to remain over-cautious about the inflation outlook.

Yes Bank gets shareholder nod to raise Rs 20,000 crore

Private sector lender Yes Bank on Wednesday said it has received shareholder nod to raise Rs 20,000 crore in debt instruments through various routes.

Kareena Kapoor Khan as brand ambassador for Marvel Tea's marquee campaign Kareena Kapoor Khan as brand ambassador for Marvel Tea's marquee campaign

Marvel Tea`s new TVC, starring Kareena Kapoor Khan has been shot in London, across some of the most iconic landmarks, such as Trafalgar Square Fountain, St. James Park, and Tower Bridge.

Sahara Group firm to pay Rs 1.43 crore to home buyer for delay

A Sahara Group company has been directed by the apex consumer body to refund over Rs 1.43 crore to a home buyer for its failure to give possession of a bungalow in one of its housing projects near Nagpur.

Adani Ent up 9% on investment approval for Australian project

Shares of Adani Enterprises surged almost 9 percent Tuesday, adding Rs 1,116 crore to its market valuation, after the Adani Group gave the final investment approval for its Carmichael coal mine project in Australia.

Telecom sector woes do not pose systemic threat to banks: Fitch

In the wake of recent liquidity crisis at Reliance Communications, global rating agency Fitch Ratings today said though the country's banks do not have large exposure to the telecom sector, but defaults could affect lenders with weak financials.

Azim Premji denies media report on sale of Wipro's stake – Read Premji full letter to employees Azim Premji denies media report on sale of Wipro's stake – Read Premji full letter to employees

In his letter to Wiproites, he had termed the news article reportedly published in this regard as "baseless and malicious."

Airtel receives CCI nod for merger with Telenor India Airtel receives CCI nod for merger with Telenor India

Bharti Airtel on Tuesday said the Competition Commission of India (CCI) has approved the proposed merger of Telenor India with the company.

Wipro Chief Azim Premji denies media report on sale of stake Wipro Chief Azim Premji denies media report on sale of stake

Wipro Limited Chairman Azim Premji has denied a media report that promoters of the IT company were evaluating sale of their holdings and said he "remains committed to Wipro."

Vijay Mallya intends to attend all ICC Champions Trophy matches to cheer team India Vijay Mallya intends to attend all ICC Champions Trophy matches to cheer team India

Currently out on bail, Mallya was spotted in VIP stand enjoying the match at Edgbaston.

Delhi, Mumbai top list for shared rides on Uber, Ola Delhi, Mumbai top list for shared rides on Uber, Ola

More commuters in Delhi and Mumbai opt for "shared" rides on cab aggregation platforms like Ola and Uber compared to their counterparts in other cities.

Government should have exited Air India 15 years back: Arun Jaitley Government should have exited Air India 15 years back: Arun Jaitley

Finance Minister Arun Jaitley on Monday made a strong case for sale of Air India as he asked how fair it was to use Rs 55,000-60,000 crore of tax payers' money on the national carrier for having just 14 per cent market share.

ICICI Bank to sell stake in general insurance JV ICICI Bank to sell stake in general insurance JV

Private player ICICI Bank on Monday said it will sell a part of its stake in joint-venture firm ICICI Lombard General Insurance Company Ltd through an Initial Public Offer.

Havn't heard, seen massive layoffs in IT sector: Gopalakrishnan Havn't heard, seen massive layoffs in IT sector: Gopalakrishnan

The opportunities for new recruitment and promotions have shrunk in India's IT industry, a phenomenon natural when growth slows down, says an industry expert, who sees no merit in reports about massive layoffs.

BHEL proposes 79% dividend for FY'17, highest in 3 years BHEL proposes 79% dividend for FY'17, highest in 3 years

State-run power equipment maker BHEL has proposed an equity dividend of 79 percent, including 40 percent interim dividend paid earlier, for 2016-17.

Tech Mahindra leads as global engineering R&D services provider

Software major Tech Mahindra has been recognised as a global engineering and R&D services provider based on the comprehensive assessment of its `Design to Build Engineering` capabilities by management consulting firm Zinnov, the company said on Sunday.