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BusinessToday.In
September 25, 2018
Going by the past 17 trading sessions, the bears are now out roaring. The BSE Sensex has dived 6% since August 29, when it hit a peak of 38,989.65.


BusinessToday.In
New Delhi, September 25, 2018
Corporate Affairs Ministry likely to deregister another 50,000 companies this fiscal; big cheers for small savers and senior citizens; Facebook ropes in former Hotstar executive Ajit Mohan as India MD & VP; and Infosys bags $80.3 million contract from Canadian firm. Watch more in this episode of Business Wrap.


BusinessToday.in
New Delhi, September 25, 2018
Three US citizens, Darryl Stacy, Donald Stephen Bradley and Hesham Hafez, have sued TCS, alleging discrimination based on race and national origin, and are seeking exemplary and punitive damages.


BusinessToday.in
New Delhi, September 25, 2018
Infosys bags $80.3 million contract from Canadian firmInfosys Public Services has announced that it has been awarded a computer-aided design contract worth $80.3 million by Public Services and Procurement Canada (PSPC) to modernise and automate their procurement processes, as reported by the Hindu. IPS is working with Ernst & Young and SAP Canada to digitise PSPC procurement system.Facebook ropes in former Hotstar executive Ajit Mohan as India MD & VPSocial media giant Fac...


BusinessToday.In
New Delhi, September 24, 2018
Dewan Housing Finance stock rises up to 24.80 per cent; WhatsApp takes key measure to curb fake news, appoints grievance officer for India; US, China impose fresh tariffs with no trade talks in sight; and RBI shortlists Infosys, TCS, 3 other IT firms to implement CIMS. Watch more in this episode of Business Wrap.


BusinessToday.In
September 24, 2018
The Sensex and Nifty closed nearly 1.5% lower in trade today amid a depreciating rupee, rising crude oil prices and selling pressure on stocks of non-banking financial companies (NBFCs).  On the global front, China reportedly rebuffed a plan for talks with the US on resolving their dispute over trade and technology which roiled Asian stocks.While the Sensex closed 536 points or 1.46% lower to 36,305, the Nifty lost 175 points or 1.58% to trade at 10,967 level.Sentiments remained distinct...


BusinessToday.In
September 24, 2018
The stock of the Tata Group firm hit 2,214.15 level  its highest ever in trade today after the rupee weakened 29 paise to 79.42 level against the dollar in early trade as the greenback gained overseas. The home currency then closed 43 paise lower at 72.63 level to the dollar in trade today.


BusinessToday.In
September 24, 2018
While the Sensex closed 536 points or 1.46% lower to 36,305, the Nifty lost 175 points or 1.58% to trade at 10,967 level. This is the weakest closing since July 11 when it settled at 36,265.93. The Sensex has lost 1,249.04 points in the previous four sessions.


BusinessToday.In
September 24, 2018
While the Sensex was trading 519 points or 1.41% lower, the Nifty lost 170 points or 1.53% to trade at 10,971 level. Top losers on the index were M&M (6.85%), Adani Ports (5.93%), Bharti Airtel (5.44%) and HDFC (5.34%).


BusinessToday.in
September 24, 2018
Infosys could not provide enough evidence to substantiate that Bansal had deleted data from his company laptop. Data deletion was reportedly one of the reasons cited by the firm to back its decision to withhold a chunk of Bansal's dues.


BusinessToday.in
New Delhi, September 24, 2018
Dewan Housing Finance stock rises up to 24.80 per centThe Dewan Housing Finance stock made a partial recovery in early trade after statements from Dewan Housing management on the default possibility. Further statements from finance minister Arun Jaitley and other govt regulators sought to pacify investor's concerns after Friday's crash of 60% in intra-day trade. The Dewan Housing Finance stock rose up to 24.80% or 87 points to 438.75 level in early morning trade. On Friday, the ...


PTI
September 23, 2018
The Reserve Bank has shortlisted five IT firms including Infosys and TCS for implementation of a centralised information and management system (CIMS) for seamless data collection and validations.


BusinessToday.In
September 23, 2018
The Goods and Services Tax Network has asked Infosys to develop new forms to simplify the process of return filing for traders. The new GST returns forms will be rolled out within a period of four to six months.


BusinessToday.In
September 21, 2018
However, the indices later recovered on management of these companies allaying concerns over their financial position.


PTI
September 19, 2018
Former Infosys chief financial officer Rajiv Bansal has filed a caveat in a civil court here against the city-based company after an arbitral tribunal directed it to pay him outstanding severance package amount of Rs 12.17 crore with interest.


Anand Adhikari
September 18, 2018
The BJP-led NDA government probably had the right intention when they knocked on the doors of Ravi Venkatesan, former chairman of Microsoft India and P S Jayakumar, an ex-citibanker turned entrepreneur, for helping them in conducting an experiment of sorts with Bank of Baroda.


BusinessToday.In
September 18, 2018
Infosys had agreed to pay Bansal a severance package of Rs 17.38 crore or 24 months of salary, but the company suspended payments after co-founder NR Narayana Murthy and former board member Mohandas Pai objected to the move and termed it 'excessive'.


Anand Adhikari
September 17, 2018
The merger of Dena Bank and Vijaya Bank with Bank of Baroda will create new challenges for the amalgamated bank.


E Kumar Sharma
New Delhi, September 17, 2018
Fluido is said to be a platinum type partner of Salesforce with about 95 Salesforce certified professionals.


BusinessToday.In
September 17, 2018
The Sensex had rallied 677.51 points in the previous two sessions on sustained buying by domestic institutional investors. At 10: 37 am, the Sensex was trading 442 points lower at 37,647. The Nifty was down 125 points to 11,390.


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