LiveAir India closes down some foreign, local offices to cut costs
The government said that for the purpose of cost cutting, Air India is reducing the the number of its foreign and local offices and has...
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ICICI Bank reports 10% rise in Q4 profit, assets quality has worsened
On Monday the ICICI Bank has reported 10.2% profit rise year-on-year to Rs 2,922 crore in the quarter ended March 2015. “Net interest margin improved...
Our taxation policy has to be non-adversarial : FM Arun Jaitely
The Finance Minister Arun Jaitely made it clear that the retrospective tax will not be imposed and that the taxation policy has to be “non-adversarial”. “Our Taxation...
Capgemini set to buy IGATE in USD 4 billion deal
Capgemini, the French IT services company is going to buy US based IGATE Corp for $ 4 billion cash in a deal which will make...
Ratan Tata acquires stake in Xiaomi, the Chinese handset maker
Ratan Tata has acquired a stake in Chinese handset maker Xiaomi which is the first investment by any Indian in the smartphone maker. The company...
Bank of Baroda ties up with UAE Exchange to provide instant cash transfer to NRI customers
The leading Indian public sector bank Bank of Baroda, has tied up with UAE Exchange to offer an instant cash transfer facility to the NRI...
Paytm forays into eCommerce
Paytm, the mobile payment services firm on Friday announced its foray into the eCommerce space. There will be a direct competition of it with eCommerce...
The Chinese phone maker Xiaomi wants to be an Indian company, planning to set up plant
The World’s fifth largest smartphone maker Xiaomi wants to become an Indian company. “The most important market for us in 2015 is India. We want...
Infosys Q4 net profit fell 4.7%, FY16 $ revenue to grow 10-12%
The Net profit of the company fell 4.7 per cent on a sequential basis to Rs 3,097 crore and revenue dropped 2.8 per cent to...
Govt won’t compromise on public infrastructure, irrigation : FM Arun Jaitely
The Finance Minister Arun Jaitely said that, achieving a 3% fiscal deficit target by 2017-18 is a challenge but the government will not compromise on...