Page 5051 - Company News
TCS joins hands with Carnegie Mellon University to set up research facility
The software major also provided the University with a grant of $35 mn
 "TCS joins hands with Carnegie Mellon University to set up research facility")
For Infosys' Ravi Venkatesan, technology is a friend, not foe
Ravi Venkatesan is co-chairman at Infosys
 "For Infosys' Ravi Venkatesan, technology is a friend, not foe")
Ola raises Rs 1,675 crore from SoftBank in fresh funding
Last year was tough with SoftBank writing down its investment in Ola, reports Tech in Asia
 "Ola raises Rs 1,675 crore from SoftBank in fresh funding")
Finally, Stayzilla Founder Yogendra Vasupal gets out of jail after 30 days
An advertising firm charged him for non-payment of dues worth $263,000, reports Tech in Asia
 "Finally, Stayzilla Founder Yogendra Vasupal gets out of jail after 30 days")
Anil Agarwal buys 11.4% of miner Anglo American, becomes 2nd largest holder
It is now the second largest shareholder behind South Africa's Public Investment Corporation
 "Anil Agarwal buys 11.4% of miner Anglo American, becomes 2nd largest holder")
Infosys Q4 numbers go off track, CEO Vishal Sikka's pay drops 40%
Infosys to spend $2 billion on buyback or dividends over 12 months
 "Infosys Q4 numbers go off track, CEO Vishal Sikka's pay drops 40%")
H-1B work visas have boosted overall welfare of Americans, finds study
"Firms in the IT sector also earned substantially higher profits thanks to immigration
 "H-1B work visas have boosted overall welfare of Americans, finds study")
Arvind mixes it up, pulls a brand leap
The company gains from a segmented approach towards the slew of brands in its armoury
 "Arvind mixes it up, pulls a brand leap")
Murthy scores over Seshasayee in Infosys making Ravi Venkatesan co-chairman
Venkatesan has been among the key negotiators with Murthy after he raised concerns over governance
 "Murthy scores over Seshasayee in Infosys making Ravi Venkatesan co-chairman")
We aren't looking at new states for store roll-out: Walmart India CEO
Interview with Krish Iyer, President & CEO, Walmart India
 "We aren't looking at new states for store roll-out: Walmart India CEO")
Qatar Airways' proposed Indian airline catches speed, to review airports
Appointed an executive search firm to recruit staff for its airline
 "Qatar Airways' proposed Indian airline catches speed, to review airports")
Tata, Adani power exposure under lens
They are worried about fallout of firms of the SC verdict on compensatory tariff for imported coal
 "Tata, Adani power exposure under lens")
Future Group's Kishore Biyani bets big on small stores
These would help sell goods worth Rs 1 lakh annually to 10 mn households by FY21
 "Future Group's Kishore Biyani bets big on small stores")
US FDA issues warning letter to Mylan for Nashik facility
The pharma firm also failed to establish an adequate quality control unit
 "US FDA issues warning letter to Mylan for Nashik facility")
Airtel moves TDSAT on Jio delaying withdrawal of 'Summer Surprise Offer'
Also objects to continuation of benefits for those who already subscribed to offer before withdrawal
 "Airtel moves TDSAT on Jio delaying withdrawal of 'Summer Surprise Offer'")
Margin expansion crucial for Cipla's stock
Continued efforts on growth in global markets is positive and will accrue benefits over time
 "Margin expansion crucial for Cipla's stock")
Infosys' hiring dips by 65%; 37,915 techies exit the firm
The company's total headcount for FY 2017 increased 6,320 to 200,364 from 194,044 in FY 2016
 "Infosys' hiring dips by 65%; 37,915 techies exit the firm")
Flying overseas from India becomes cheaper this summer as airfares fall
Fares going down up to 28% amid capacity addition on international routes
 "Flying overseas from India becomes cheaper this summer as airfares fall")
Vedanta's financial flexibility improves with Cairn India merger: S&P
Vedanta would benefit from government policy extending license for certain oil fields by 10 years
 "Vedanta's financial flexibility improves with Cairn India merger: S&P")
Air India to phase out remaining old Airbus Classic A320 planes
The airline plans to induct a total of 29 A320 Neos into its fleet by March, 2019
 "Air India to phase out remaining old Airbus Classic A320 planes")