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Wipro Q4 net profit up 41% at Rs 2,239.1 crore

Last Updated: Thursday, April 17, 2014, 17:46

IT services major Wipro on Thursday posted a 41 percent jump in net profit, for the quarter ended March 31.

EPFO to provide all benefits through e-mode by September

Last Updated: Thursday, April 17, 2014, 14:49

Retirement fund body EPFO has decided to make all payments to its beneficiaries through electronic mode from September this year, including provident fund claims.

TCS to hire 55,000 employees this fiscal

Last Updated: Wednesday, April 16, 2014, 21:19

TCS Managing Director and Chief Executive N Chandrasekaran said: "In the just-concluded FY 2014, the company had hired 61,200 as against a target of 50,000."

TCS Q4 profit rises 48.2% to Rs 5,357.6 crore

Last Updated: Wednesday, April 16, 2014, 18:04

For the full year, net profit grew 37.7 percent to Rs 19,164 crore on a revenue of Rs 81,809 crore, which rose 29.9 percent from the previous year.

Infosys had bet on transformational value of tech, services

Last Updated: Wednesday, April 16, 2014, 16:04

Shibulal, who is set to retire in January two months ahead of his superannuation, added that Infosys manages about 6,000 programmes across the globe and this operation has been possible due to technology.

FTP to focus on services exports, branding of products

Last Updated: Tuesday, April 15, 2014, 14:37

The country's FTP for the period 2014-19 is expected to be announced by the new government in June.

US reaches H-1B visa cap for FY 2015

Last Updated: Friday, April 11, 2014, 02:55

The US today said it has received a sufficient number of H-1B petitions to reach the statutory cap of 65,000 visas for the fiscal year 2015.

FDI in services sector drops 61% during April-January

Last Updated: Sunday, April 06, 2014, 11:13

Industry experts say foreign investment may increase after the formation of the new government, which is expected in May.

Meru looks at Rs 600 cr rev; plans service in 10 cities

Last Updated: Friday, April 04, 2014, 17:26

Mumbai-based Meru Cab is aiming at a turnover of Rs 600 crore this fiscal and plans to start the radio taxi services in Goa and Kolkata within six months.

Balance-sheet growth not focus at start of bank ops: IDFC

Last Updated: Friday, April 04, 2014, 17:24

IDFC and Kolkata-based microfinance player Bandhan are the only entities which were given an "in-principle" approval by RBI for banking licences on Wednesday.

India's newest banks plot divergent growth strategies

Last Updated: Thursday, April 03, 2014, 23:25

India`s two newest would-be banks, Infrastructure Development Finance Co (IDFC) and Bandhan Financial Services Ltd, are planning divergent paths in an industry that is crowded with lenders but still fails to reach roughly half the population.

RBI allows increase in FII limit in Edelweiss Financial to 28%

Last Updated: Thursday, April 03, 2014, 21:14

The Reserve Bank has allowed foreign investors to pick equity in Edelweiss Financial Services following the company's resolution to increase FII limit to 28 percent of the paid up capital.