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Intra-day, Infosys share price rose by 2.4 per cent to Rs 945.85. (Photo: PTI)

Infosys Q3 profit grows 38.3 per cent to Rs 5,129 crore

Company has maintained its FY2017-18 sales growth outlook at 5.5-6.5 per cent in constant currency terms.

12 Jan 2018 4:25 PM IST

Around 2000 employees will lose jobs as TCS is shutting down its office in Lucknow.

TCS bags over $2 bn deal from US insurance group Transamerica

Shares of TCS were trading 1.13 per cent lower at Rs 2,757 apiece on BSE.

12 Jan 2018 11:36 AM IST

Infosys has said that its Rs 13,000-crore buyback offer will open on November 30 and end on December 14. (Photo: AFP)

Infosys shares gain over 2 per cent ahead of earnings

In terms of equity volume, 13.15 lakh shares of the company were traded on BSE.

11 Jan 2018 4:44 PM IST

IndusInd Bank Ltd has entered into exclusive talks to acquire microlender Bharat Financial Inclusion Ltd.

IndusInd Bank Q3 net rises 25 per cent to Rs 936.25 crore

Interest earned by the bank jumped about 16 per cent in the quarter to 42.87 billion rupees.

11 Jan 2018 2:28 PM IST

Infosys has said that its Rs 13,000-crore buyback offer will open on November 30 and end on December 14. (Photo: AFP)

Infosys signs APA with US, gets USD 225 million tax reversal

APA will enhance predictability of the company's tax obligations in respect of its US operations.

10 Jan 2018 10:38 AM IST

The firm however did not elaborate on the matter.

Welspun India sets up US arm to invest in e-commerce firms

Shares of Welspun India were trading 2.23 per cent higher at Rs 73.40 per scrip on BSE.

9 Jan 2018 12:46 PM IST

There would be no privatisation of the state-owned Coal India, said interim CMD Gopal Singh.

Coal India hikes non-coking fuel price

Coal India sources indicated that the average price hike could be around 10 per cent.

9 Jan 2018 10:19 AM IST

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

SBI to raise up to USD 2 billion via overseas bonds

Shares of SBI were trading 0.44 per cent higher at Rs 307.55 on BSE.

8 Jan 2018 2:16 PM IST

Board of Idea Cellular approved raising about Rs 3,250 cr from entities under promoter Aditya Birla Group.

Idea Cellular shares continue to gain; up nearly 14 pc

Idea unveiled a plan to raise up to Rs 6,750 cr which will alter shareholding pattern of company.

5 Jan 2018 12:36 PM IST

Uber CEO Travis Kalanick (Photo: AFP)

Uber ex-CEO Kalanick selling nearly a third of stake for $1.4 billion:...

SoftBank deal values Uber at $48 bn, about a 30 pc discount from its most recent valuation of $68 billion.

5 Jan 2018 10:59 AM IST

Banks will have to make changes in the existing infrastructure which would be a huge challenge for the banks.(Representational Image)

PSU bank stocks in limelight; shares gain up to 8.5 pc

Release of next instalment of funds earmarked for bank recapitalisation proved to be a shot in arm for PSBs.

4 Jan 2018 5:34 PM IST

The RBI has always said monetary policy should be accompanied by fiscal policy if the wheels of the economy are to be greased. (Photo: PTI)

RBI puts Allahabad Bank under prompt corrective action

Central bank has so far ordered corrective action for about 10 lenders, mostly due to their high bad loan ratios.

4 Jan 2018 11:14 AM IST