Bengaluru, Jan 13: Infosys reported a better-than-expected net profit of Rs 3,708 crore in the December quarter, sending its shares 3 per cent higher in early trade today. However, Infosys shares later gave up most of the early gains after the outsourcer tweaked its guidance for the full year. For the calendar year 2016 (January-December), Infosys's revenues crossed $10 billion, CEO Vishal Sikka
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Mumbai, Jan 13: Low-cost carrier SpiceJet which around couple of years back was on verge of grounding its operations due to financial problems, plans to order 90-100 airplane, including at least 50 new Boeing 737 Max. The order possibly includes a renegotiated order for 42 Boeing 737 Max plane it made in 2014. At the current price list, the deal is expected to be over Rs 55,000 crore. The airline
Mumbai, Jan 12: Over two months after the unceremonious sacking of Cyrus Mistry, USD 103-billion Tata Group today named TCS chief N Chandrasekaran as the new Executive Chairman of Tata Sons that saw a lot of bad blood recently in the country's most bitter boardroom battle. Popularly known as 'Chandra', the 54-year-old will take charge at the helm of Tata Sons, the main holding company of the salt
New Delhi, Jan 12: Sahara group chief Subrata Roy could be in for serious trouble again, with the Supreme Court today toughening its stand and refusing to extend time beyond February 6 for him to deposit Rs 600 crore, saying he would have to go to jail in case of a default. "This court has given so much indulgence to you. This is the worst. If you don't pay the amount, you will have to go back to
New Delhi, Jan 12: This would surely come as a good news for woman travellers! Air India will soon reserve six seats in the front rows of without any extra charges. Air India chairman and managing director Ashwani Lohani told The Hindu “We will soon reserve two rows (or six seats) for women passengers only,” It will not charge any additional fee for blocking these seats meant for women passengers
Jan 12: Close on the heels of BSF jawan Tej Bahadur Yadav's "revelations" about the way soldiers are treated at the border, a CRPF constable posted at Mount Abu has alleged disparity in service conditions among security forces. A video that surfaced on Wednesday shows the constable, Jeet Singh from Sahjua Thok village in Mathura district, asking Prime Minister Narendra Modi to resolve the matter
New Delhi, Jan 12: The Supreme Court on Thursday rejected a plea seeking to allow the controversial sport Jallikattu played during Pongal festival in Tamil Nadu. The Supreme Court while turning down the plea that sought its intervention in passing judgment on Jalikattu in two days, said that it is "unfair to ask the bench to pass order". "The draft of the judgement has been prepared but it's not
New Delhi, Jan 12: The Supreme Court on Thursday turned down a plea seeking its intervention to pass judgment on bull taming sport Jallikattu before Saturday. "Unfair to ask bench to pass order", said the apex court. The court also said the draft of Jallikattu judgement has been prepared but not possible to deliver it before Saturday. The Tamil Nadu governemnt has mounted pressure for promulgation
Washington/Ottawa, Jan 12: Amazon.com removed doormats resembling the Indian tri-colour flag from its Canadian website on Wednesday, after an Indian government threat to rescind visas of the US company's employees if they did not stop selling the product."Amazon must tender unconditional apology," external affairs minister Sushma Swaraj said on Twitter. "They must withdraw all products insulting
New Delhi, Jan 11: The Supreme Court today rejected plea for a court-monitored SIT probe into bribery allegations against Prime Minister Narendra Modi on the basis of documents seized during the raids in business houses--Sahara and Birla-- on the ground they had no no evidentiary value. The case based on "random materials" like loose sheets, papers, e-mail print outs is "merit less" as they are