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RIL pips TCS to become most-valued Indian company RIL pips TCS to become most-valued Indian company

TCS had replaced RIL as the most valued firm more than four years ago but a sharp rally in the shares of the Mukesh Ambani-led firm in recent past has helped the company close the gap.

Wipro sacks hundreds of employees post performance appraisal Wipro sacks hundreds of employees post performance appraisal

At the end of December 2016, the Bengaluru-based company had over 1.79 lakh employees.

Vijay Mallya extradition case: Internal legal process on in the UK, says govt Vijay Mallya extradition case: Internal legal process on in the UK, says govt

Ahead of the next hearing in the fugitive liquor baron Vijay Mallya extradition case on May 17, India said on Thursday that it was in touch with the government in the UK, where an internal legal process is on in the matter.

Severance pay: Infosys ex-CFO Rajiv Bansal turns to arbitration Severance pay: Infosys ex-CFO Rajiv Bansal turns to arbitration

Rajiv Bansal, former CFO of Infosys, has dragged his former employer to arbitration to claim the remaining Rs 12 crore of his severance pay.

Mechanism soon to fix banking bad loan issue: Mundra

The gross NPAs of public banks rose to Rs 6.06 lakh crore in December 2016, from Rs 5.02 lakh crore at March-end of 2016.

Yes Bank shares end nearly 4% lower; mcap dips by Rs 2,752 crore Yes Bank shares end nearly 4% lower; mcap dips by Rs 2,752 crore

At NSE, shares of the company slipped 3.75 percent to close the day at Rs 1,545.15.

Strong rupee to dent textile, apparel exporters' margin:Ind-Ra

Ebitda margin -- earnings before interest, tax, depreciation and amortisation divided by total revenue -- is a gauge of a company's operating profitability.

Mindtree Q4 net falls 27% at Rs 97.2 crore

Constant currency growth stood at 2 percent quarter- on-quarter.

RBI's PCA norm for greater regulatory action on banks: Fitch

The RBI has tightened the thresholds -- for capital ratios, NPLs, profitability and leverage - at which banks enter the PCA framework.

Honda Motorcycle sets 20% growth target for FY 2018

The second largest bike brand of the country, Honda Motorcycle & Scooter India, has set itself a 20 percent growth target at six million units for the fiscal 2018.

I-T seeks Rs 30K crore penalty from Cairn for non-payment of tax I-T seeks Rs 30K crore penalty from Cairn for non-payment of tax

Senior tax department officials said Cairn Energy has sought 10 more days to reply to the show cause seeking levy of penalty.

Apple to start trial assembly of iPhones in India from next month Apple to start trial assembly of iPhones in India from next month

Apple will start manufacturing the Make in India iPhones regardless of the outcome of its requests for certain concessions from the central government.

Supreme Court allows NDMC to e-auction Taj Mansingh hotel Supreme Court allows NDMC to e-auction Taj Mansingh hotel

SC has asked NDMC to grant six months "breathing time" to the company in vacating the hotel in case they lose out in the e-auction.

Vijay Mallya could fight extradition on political grounds Vijay Mallya could fight extradition on political grounds

Indian tycoon Vijay Mallya, who has been declared a proclaimed offender, is likely to challenge his extradition to India from the UK on the grounds that the charges against him are politically motivated, a legal expert said on Wednesday.

Tata, Godrej, Adani show interest in buying Sahara properties Tata, Godrej, Adani show interest in buying Sahara properties

A large number of corporates, including Tatas, Godrej, Adani and Patanjali, have shown interest in buying embattled Sahara group's 30 properties estimated to be worth about Rs 7,400 crore.

ONGC reclaims most-valued PSU firm status; topples SBI ONGC reclaims most-valued PSU firm status; topples SBI

Energy behemoth ONGC on Wednesday surged past State Bank of India to reclaim the status of the most- valued PSU by market valuation.

Australia visa move unlikely to impact Indian IT workers: Nasscom Australia visa move unlikely to impact Indian IT workers: Nasscom

The Australian government's move to eliminate the 457 visa category would not have a major impact on visas granted to Indian IT workers, industry body Nasscom said on Wednesday.

Nasscom cautions over revamp of lottery system for H-1B visas

Industry body Nasscom on Wednesday warned that the US' move to replace the lottery system for issuing H-1B work visas with a merit-based approach could have "unintended consequences" even as it sought to downplay any immediate impact on IT companies this year.

62% Indians more satisfied with work conditions: Survey 62% Indians more satisfied with work conditions: Survey

Employees in India, 62 percent, are far more satisfied with their work conditions compared to those in Asia Pacific, as per a survey.

Special court concludes arguments in 2G scam case

A special court today concluded final arguments in 2G spectrum allocation scam case involving former Telecom Minister A Raja, DMK MP Kanimozhi and others as accused, six years after the CBI filed the first charge sheet.