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COMPANIES AND COMMODITIES

Government should not interfere in real estate sector : Adi Godrej

Godrej Group Chairman Adi Godrej has said the government should not ‘interfere’ in the real estate sector, often cited as one of the biggest black money generators, even as he termed...

PTI | Jan 16, 2017 06:13 PM

Rs 5.21 per litre hike in petrol price, Rs 4.45 in diesel rates since Dec: Govt rules out subsidising auto fuel

The government on Friday ruled out subsidising auto fuel but said it may resort to cut in excise duties if rate hike "pinches hard" even as there has been Rs 5.21 per litre hike in petrol price and Rs...

PTI | Jan 16, 2017 05:51 PM

Tech Mahindra to hire more than 100 engineers for new centre of excellence centre in Dublin

The CoE will service customers within as well as outside Ireland, particularly Europe, Bhushan Patil, Senior Vice President of Tech Mahindra told.

PTI | Jan 16, 2017 05:39 PM

Warburg Pincus targets USD 8 billion investments in 10 years in India

Warburg Pincus is planning to invest USD 8 billion in India over the next 10 years, twice of what it did in two decades as the frm is quiote bullish on one of its “most important markets in the...

News Nation Bureau | Jan 16, 2017 10:58 AM

Hindustan Coca-Cola Beverages invests Rs 1,000 crore to set up greenfield plants at Ahmedabad, Nellore

Hindustan Coca-Cola Beverages is setting up two greenfield plants at Ahmedabad and Nellore with an investment of Rs 1,000 crore

News Nation Bureau | Jan 15, 2017 04:13 PM

Demonetisation to help realise home buyers’ dream: HDFC chairman

HDFC Chairman Deepak Parekh on Saturday said that post demonetisation, the biggest advantage for homebuyers will be lower interest rates, transparency and no large cash payments.

PTI | Jan 14, 2017 10:54 PM

Tata Sons chairman N Chandrasekaran reassures TCS employees of continued association with them in new role

In a letter to employees, he exuded confidence in his successors, saying he strongly believes that “TCS’ best years lie ahead”.

PTI | Jan 14, 2017 01:31 PM

Takata Corp pleads guilty, agrees to pay USD 1 billion for concealing deadly defect in air bags

Takata Corp. has agreed to plead guilty to a single criminal charge and will pay USD 1 billionin fines and restitution for concealing a deadly defect in its air bag inflators.

PTI | Jan 14, 2017 01:11 PM

Ratan Tata says Chandrasekaran will take Tata group to new heights

Ratan Tata said that the job is complex but he is sure Chandrasekaran will take the group to new heights while protecting the group's values and ethics at all times.

PTI | Jan 13, 2017 08:09 PM

Siemens secures orders worth Rs 319 crore from Indian Railways' Diesel Locomotive Works

Siemens on Friday said it has secured a combined order worth Rs 319 crore from the Indian Railways' Diesel Locomotive Works (DLW).

PTI | Jan 13, 2017 05:36 PM

Toyota Motor Corp calls back additional 5,43,000 vehicles amid Takata air bag recall incident

Toyota Motor Corp. on Friday said it would call back another 543,000 vehicles in the US for defective front passenger air bag inflators made by Japan's Takata Corp.

PTI | Jan 13, 2017 02:19 PM

Infosys shares tumble 4 per cent post revised annual revenue guidance in third quarter 2016 results

Shares of Infosys took a hit by almost 4 per cent on the Sensex on Friday after the company revised its annual revenue guidance to 8.4-8.8 per cent against 8-9 per cent estimated earlier.

PTI | Jan 13, 2017 02:01 PM

Infosys names Ravikumar S as Deputy Chief Operating Officer

Infosys has elevated Ravikumar S as its Deputy COO. Ravikumar S is currently serving as the Chief Delivery Officer of the firm.

PTI | Jan 13, 2017 01:54 PM

SpiceJet orders 205 Boeing planes worth Rs 1.5 L cr

In one of the biggest deals in the Indian aviation sector, SpiceJet will purchase up to 205 new aircraft from Boeing with the order valued at Rs 1,50,000 crore.

PTI | Jan 13, 2017 01:07 PM

Infosys Q3 profit up 7 per cent to Rs 3,708 cr, revises revenue guidance

Country’s second-largest software firm Infosys on Friday reported a 7 per cent growth in its consolidated net profit at Rs 3,708 crore for the October-December quarter of the current fiscal.

PTI | Jan 13, 2017 12:13 PM