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With 1,600 hired in 6 months, half of Wipro's 14,000 US staff are Americans

Bengaluru-based firm has more than 180,000 staffers globally; has invested over $2 bn in US

Metro Cash & Carry invest Rs 1,690 cr to add 26 stores by 2020

Firm has so far invested Rs 2,300 cr in India and is one of the largest organised wholesalers

Piramal Limited invests Rs 485 crore in Apollo LogiSolutions

Investment, a long-time investment bet, made through subsidiary Piramal Finance

Speed up claim settlement process: Irdai to insurance firms

To comply with its previous order on how to deal with delayed intimation of claims

Ratan Tata-backed AI start-up Niki.ai raises $2 million

Niki.ai was founded in April 2015 by four IIT Kharagpur alumni

Accenture's $1.8-bn acquisition plan to act as lesson for IT firms in India

Firm has been driving growth in digital technology areas by acquiring small firms

ED sniffs Fema breach, seizes assets worth Rs 1.59 cr from Pradip D Kothari

Says Kothari Industrial Corp chief held money abroad without RBI nod, didn't inform tax authorities

Falcon Tyre's liquidation case: Edelweiss withdraws appeal in Karnataka HC

Edelweiss acquired 90% debt of Falcon Tyres, filed for liquidation of the tyre firm with NCLT

Retailers want FMCG firms to cut prices after GST roll-out

Industry expects to reduce prices by 2-20%

Amazon India doubles seller base to 200,000 in under a year

It's innovations of Easy Ship and Seller Flex have been instrumental in onboarding small town SMEs

EdTech firm Careers360 beefs up its top management

Company looks at new business avenues in India's fast growing EdTech space

BMW Chennai plant starts production of new 5 Series

The all-new BMW 5 Series is scheduled to be launched later this month

Indian Bank gets shareholders' approval to issue equity shares

According to Sebi norms, the bank must increase public shareholding to 25%

Prashant Jain, who shone at JSW Steel, is new Jt MD & CEO at JSW Energy

Man who raised $1 bn for JSW Steel, helped it acquire Ispat Industries, will report to Sajjan Jindal

Periscope: Farmers' stir in Rajasthan

The Bharatiya Kisan Sangh (BKS) will start an indefinite strike on Thursday in Rajasthan

Amtek reports loss of Rs 2,533 crore in FY17

The steep loss is mainly on account of a high finance cost of Rs 1,305 crore for the year

Kerala liquor policy would benefit three- and four-star hotels, says Icra

At present, 3 and 4-star hotel bars in Kerala are allowed to serve only beer and wine

Feel sad about my son and his friends being targeted, says Chidambaram

Karti Chidambaram had never met any officer connected with FIPB, says former Union finance minister

YuppTV bags sole digital rights of ICC Champions Trophy 2017 for Canada

In India, Star India has rights for TV broadcast, its OTT platform Hotstar for digital telecast

Algorithm controversy: Sebi issues show-cause notices to NSE, former CEOs

With show cause notices issued to NSE and 14 individuals, the controversy moves towards closure