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New Infosys CEO Salil Parekh faces challenges of growth, forging peace

People

04 December, 2017

New Infosys CEO Salil Parekh faces challenges of growth, forging peace

After well over a decade with Capgemini, Salil Parekh is returning home to head unsettled Indian software services firm Infosys, ......

India November factory output grows at fastest pace since banknote ban

Manufacturing

01 December, 2017

India November factory output grows at fastest pace since banknote ban

India’s factory activity quickened in November at the fastest pace since just before the government’s surprise cash clampdown late last ......

Bitcoin rebounds to $10,500 after losing steam

TMT

01 December, 2017

Bitcoin rebounds to $10,500 after losing steam

Bitcoin rebounded on Friday to hit the day’s highs above $10,500, recovering from an earlier dip below $9,500, after the ......

Executive who spearheaded Uber's India expansion quits

TMT

30 November, 2017

Executive who spearheaded Uber's India expansion quits

Jambu Palaniappan, a driving force in the rapid international expansion of ride-hailing pioneer Uber, said on Thursday he was leaving ......

Flipkart's current, former employees trimming stakes as part of SoftBank deal

TMT

30 November, 2017

Flipkart's current, former employees trimming stakes as part of SoftBank deal

Some early Flipkart investors, employees and ex-employees are selling their shares in the Indian e-commerce firm as part of a ......

India's economic growth recovers to 6.3% in July-Sept

Economy

30 November, 2017

India's economic growth recovers to 6.3% in July-Sept

India's economic growth rebounded in the three months ending in September, halting a five-quarter slide as businesses started to overcome ......

Japan's Nomura returns to private equity in search of stable income

Finance

30 November, 2017

Japan's Nomura returns to private equity in search of stable income

Nomura Holdings Inc is returning to private equity - a move that comes as it seeks more stable income through ......

Govt aims to follow fiscal glide path, says finance minister Arun Jaitley

Finance

30 November, 2017

Govt aims to follow fiscal glide path, says finance minister Arun Jaitley

India intends to follow the glide path as far as the fiscal deficit is concerned, the finance minister, who is ......

Bitcoin slips after rapid ascent to $11,000

TMT

30 November, 2017

Bitcoin slips after rapid ascent to $11,000

Bitcoin zoomed past $11,000 (£8,185.5) to hit a record high for the sixth day in a row on Wednesday after ......

Uber's Q3 adjusted loss widens to $743 mn: Report

TMT

29 November, 2017

Uber's Q3 adjusted loss widens to $743 mn: Report

Uber Technologies Inc's quarterly adjusted losses widened to $743 million, up 14 percent from the previous quarter, the Financial Times ......