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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...


PTI
New Delhi, September 25, 2018
The consolidation would enable creation of a bank with business scale comparable to global banks and capable of competing effectively in the country and globally.


BusinessToday.In
September 24, 2018
Financial market regulator Sebi is reportedly examining sharp movement in shares of Dewan Housing Finance Corp. Ltd (DHFL), Yes Bank Ltd. and other lenders for possible trading irregularities.


Joe C Mathew
New Delhi, September 24, 2018
While intraregional trade accounts for 50 per cent of total trade in East Asia and the Pacific and 22 per cent in Sub-Saharan Africa, it forms only 5 per cent of South Asia's total trade.


PTI
September 24, 2018
For the third time in a month, crippled infrastructure conglomerate IL&FS Financial Services on Monday defaulted on interest payments on commercial papers.


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
New Delhi, September 24, 2018
India will have a superfast broadband connectivity of 100 Gbps after the launch of three major satellites as early as next year.


BusinessToday.In
New Delhi, September 24, 2018
WhatsApp has said Lahiri will be based in the US, and people can also contact her via WhatsApp or post at the company's Menlo Park address in California.  The company says nothing on 'tracing' of the origins of incendiary messages.


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
September 24, 2018
Recognising the weaknesses of password-based systems, companies the world over are increasingly betting on biometric security.


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 ...


BusinessToday.In
September 24, 2018
The Dewan Housing Finance stock rose up to 24.80% or 87 points to 438.75 level in early morning trade. On Friday, the stock went into a tailspin, nosediving 42.43 per cent to end at Rs 351.55 on the BSE.


BusinessToday.In
September 23, 2018
Along with the defaults by IL&FS, the agenda for the meeting will also include discussion on a capital infusion plan, which will be taken up by the shareholders during the company's AGM.


PTI
September 23, 2018
The service tax department contends that the overseas units are rendering a service to OVL and as such the company is liable to pay service tax at the full rate.


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.


PTI
September 23, 2018
Assuring lending support to non-banking financial companies, SBI Chairman Rajnish Kumar on Sunday said there was no concern on liquidity of such firms, amid ongoing debt crisis in IL&FS Group.


PTI
September 23, 2018
US cable giant Comcast outbid Rupert Murdoch's 21st Century Fox in a blind auction for the European TV operator Sky on Saturday that all but settled a titanic battle between the two media empires.


BusinessToday.In
September 22, 2018
The United States Citizenship and Immigration Services (USCIS) issues H-4 visas to immediate family members of H-1B visa holders, which mean spouses and children less than 21 years of age.


BusinessToday.In
September 22, 2018
Four independent directors, namely Renu Challu, Shhubhalakshmi Panse, Uday Ved and SS Kohli, and non-executive director Vibhav Kapoor have also stepped down from the board of IL&FS Financial Services.


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