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business
Infosys Q1 net grows to 1.3% to Rs.3,483

Infosys Q1 net grows to 1.3% to Rs.3,483

  • July 14 2017

The second-largest Indian IT exporter Infosys today reported 1.3 per cent growth in consolidated net profit at Rs 3,483 crore for the quarter to June 2017.It had posted a net profit of Rs 3,436 cror [...]

business
Wipro, Infosys, Tech Mahindra, Cognizant cut India jobs in large numbers

Wipro, Infosys, Tech Mahindra, Cognizant cut India jobs in large numbers

  • May 11 2017

Once India's global claim to fame, the country's information technology (IT) sector is seeing a spate of layoffs by IT majors like Tech Mahindra, Wipro, Infosys and Cognizant. The churn in th [...]

business
Chandrababu Naidu Urged Telugu NRIs to Invest Big in Amaravati

Chandrababu Naidu Urged Telugu NRIs to Invest Big in Amaravati

  • May 09 2017

Chief minister Chandrababu Naidu on Monday urged the Telugu diaspora to invest big in his dream capital Amaravati. He also exhorted young IT professionals from AP working in the United States to set [...]

business
Donald Trump orders probe of nations with trade deficit with US, India on the list

Donald Trump orders probe of nations with trade deficit with US, India on the list

  • April 01 2017

President Donald Trump on Friday vowed to root out unfair trade practices around the world and target countries that contribute to America's substantial trade deficit. "From now on those who break [...]

business
BS-III vehicle ban: Hero, Honda, Bajaj Auto, Suzuki offer discounts up to Rs 22000

BS-III vehicle ban: Hero, Honda, Bajaj Auto, Suzuki offer discounts up to Rs 22000

  • March 31 2017

If you are planning to buy a two-wheeler, today is the day.Two-wheeler majors Hero MotoCorp, HMSI, Bajaj Auto and Suzuki Motorcycle are raining discounts to woo buyers for their BS-III models to aft [...]

business
Idea, Vodafone India Announce Merger, Creating India's Larger Telecom Operator

Idea, Vodafone India Announce Merger, Creating India's Larger Telecom Operator

  • March 20 2017

Idea Cellular and the Indian unit of British telecom company Vodafone today announced a merger, creating India's largest telecom operator. The merger will create India's largest telecom operator wi [...]

business
Cognizant to lay off 6000 employees

Cognizant to lay off 6000 employees

  • March 20 2017

BENGALURU: Cognizant appears set to cut at least 6,000 jobs, which represents 2.3% of its total workforce, as it struggles with growth in an IT environment that is fast shifting towards new digital se [...]

business
FIR Complaint filed against TVF CEO Arunabh Kumar over molestation case

FIR Complaint filed against TVF CEO Arunabh Kumar over molestation case

  • March 17 2017

Advocate Rizwan Siddiqui on Thursday filed a complaint against Arunabh Kumar, CEO of the digital entertainment start-up The Viral Fever (TVF), after a woman accused Kumar of sexual harassment. S [...]

business
Indian IT Firms Should Stop Using H-1B Visas, Says Infosys founder Narayana Murthy

Indian IT Firms Should Stop Using H-1B Visas, Says Infosys founder Narayana Murthy

  • February 03 2017

New Delhi: Indian software companies need to stop sending people to US on H1-B visas and focus on local hiring, said Infosys co-founder N R Narayana Murthy today amid rising concerns over Donald Trump [...]

business
UP Online Fraud Rs.3,700 Crore of 7 Lakh People Cheated

UP Online Fraud Rs.3,700 Crore of 7 Lakh People Cheated

  • February 03 2017

Uttar Pradesh special task force has unearthed one of the biggest online fraud that involves cheating of Rs.3,700 crore of 7 lakh people.3 held on the charges of cheating and the investigation is furt [...]