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BusinessToday.In
July 23, 2018
Just two months back, SoftBank pumped in $1.4 billion into Paytm - the largest fund infusion by a single investor in a homegrown start-up.


BusinessToday.In
July 23, 2018
The Department of Financial Services (DFS) had asked the state-owned banks to examine their collective 216 overseas operations to enhance cost-efficiencies.


PTI
New Delhi, July 22, 2018
The rupee has been among the worst-performing currencies against the dollar compared with its peers so far this year and breached the 69-mark against the US dollar amid multiple headwinds, including global uncertainties and concerns over inflation.


E Kumar Sharma
New Delhi, July 21, 2018
Wipro beats expectations largely riding on its two key sectors of BFSI, which constitutes to about 30% of revenue and consumer business unit, thereby makingfor about 16% revenue, says Sudheer Guntupalli, analyst, Ambit Capital.


Joe C Mathew
July 20, 2018
A draft 'Punjab State Farmers' Policy', put out for stakeholder consultations by PSFC identifies over a dozen key areas where government attention is necessary.


BusinessToday.In
July 20, 2018
The Bengaluru-headquartered IT firm said that net profit for the three months to June 30 rose to Rs 2,120.8 crore.


Anand Adhikari
July 20, 2018
Reliance Nippon AMC recently got listed, while HDFC AMC would be entering the market next week. Let's look at how the HDFC AMC will be valued in the market.


Nevin John
New Delhi, July 19, 2018
The top industrialists in the country have been quite reluctant in publicly voicing their concerns about the economy in all these years. The scene is changing now.


BusinessToday.In
July 18, 2018
The move comes after liquor baron Vijay Mallya, PNB scam accused diamantaire Nirav Modi and Mehul Choksi gave a slip to the authorities.


PTI
July 17, 2018
Sentiment got a boost after global crude oil prices dropped by over 4 per cent yesterday owing to oversupply fears, helping the rupee to strengthen against the dollar, brokers said.


E Kumar Sharma
New Delhi, July 17, 2018
For the moment, analysts and management experts point to some lessons that many of the IT sector players, could pick up from the results of these two important Indian IT companies.


Ajita Shashidhar
New Delhi, July 16, 2018
The retail business globally is moving towards platform play. The rationale behind this is to own the consumer at every possible touch point.


BusinessToday.In
July 16, 2018
The stock of India's second-biggest software services exporter rose 5.75% to hit its life time high of 1384.40 compared to its previous close of 1309.10 on the BSE.


E Kumar Sharma
New Delhi, July 13, 2018
Analysts were hoping for a better performance in the developed markets, at least in three verticals (retail, BFSI and communication) that contribute over 60 per cent of total revenues.


Joe C Mathew
New Delhi, July 13, 2018
Swadeshi Jagaran Manch alleges many international NGOs such as Bill and Melinda Gates Foundation, Global Health Strategies and Programme for Appropriate Technology for Health are facing the allegations of promoting the interests of certain pharmaceutical companies.


BusinessToday.In
July 13, 2018
A day after entering the $100 billion m-cap club, RIL stock continued its rally on Friday to breach the 7 lakh crore market valuation.


Mail Today Bureau
July 12, 2018
The decision on net neutrality ensures that internet for Indians will continue to remain non-discriminatory and unrestricted.


BusinessToday.in
New Delhi, July 11, 2018
Andhra Pradesh tops in ease of doing business ranking; Gujarat slips to 5thAndhra Pradesh continues to be the best state to do business in the country while neighbouring Telegana has been ranked second with Haryana at the third spot, in the ease of doing business list prepared by the World Bank and the Department of Industrial policy and Promotion (DIPP). Gujarat has slipped further to the fifth rank in the ease of doing business.Aircel Maxis case: P Chidambaram, Karti get protection from arrest till August 7Former Finance Minister P Chidambaram got relief for the third time in the Aircel Maxis case from the Patiala House Court and his son Karti for the fifth time as their anticipatory bail has been extended till August 7. The Enforcement Directorate for the first time filed a reply in the case of P Chidambaram opposing his bail plea.TCS' net profit jumps 23% to Rs 7,340 crore in June quarterIT major Tata Consultancy Services Ltd's net profit rose 6.3 per cent sequentially while 23.5 per cent on YoY basis to Rs 7,340 crore in its first quarterly results declared to stock exchanges on Tuesday. The company's net profit in the same period in the previous fiscal stood at Rs 5,945 crore, the TCS said.HDFC group m-cap crosses Rs 10 lakh crore, only second after TatasDeepak Parekh-led financial services conglomerate HDFC group saw the market capitalisation of its listed firms cross Rs 10 lakh crore mark, making it only the second Indian business house after Tatas to achieve this feat. HDFC group currently has four listed entities -- housing finance major HDFC Ltd, banking behemoth HDFC Bank, life insurance firm HDFC Standard Life and Gruh Finance -- while Tatas have nearly 30 firms listed on the stock exchange.WhatsApp's new update to reach devices soon; feature to take on fake forwardsWhatsApp has started rolling out a new feature that will clearly demarcate messages that are forwards. The Facebook-owned company has released an official blog regarding the new feature where it explains how this new feature will help in their efforts to curb fake messages and fake news. Any forwarded message will have a small \"Forwarded\" label on top.


BusinessToday.In
July 11, 2018
The earnings wereannounced after market hours on Tuesday. The TCS stock closed 0.56 per cent lower at Rs1,877 on the BSE. The stock gained aftertwo consecutive days of decline today. The stock hit its life-time high level of1,930 on July 9, 2018 and succumbed to profit booking before it erased losses tohit an intra day and fresh life time high of 1935 level in trade today.


BusinessToday.In
New Delhi, July 10, 2018
IT major TCS reported the total revenue of Rs 34,261 crore, which is 6.8 per cent up sequentially and 15.8 per cent compared the corresponding quarter last year. The company's operating margin stood at 25 per cent.


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