Page 5096 - Company News
Wipro: Balancing M&A and shareholder returns
Analysts say the company has ramped up acquisitions during the past one year
 "Wipro: Balancing M&A and shareholder returns")
Cognizant: First at the starting line
Unlike Indian IT services players, Cognizant has been much more aggressive in its acquisition drive
 "Cognizant: First at the starting line")
Infosys: Buyback possible every two years, say analysts
The company has drawn flak from some key shareholders for not using the excess cash in its books
 "Infosys: Buyback possible every two years, say analysts")
The problem of plenty for software services firms
Business Standard looks at cash utilisation, M&As and buybacks at Infosys, Cognizant, Wipro and TCS
 "The problem of plenty for software services firms")
Hindustan Zinc to invest Rs 1k cr
Plans to set up two more zinc fumer plants over the next two-three years
 "Hindustan Zinc to invest Rs 1k cr")
Idea Cellular to offer free incoming calls on domestic roaming
Earlier, Bharti Airtel had also removed domestic roaming charges on calls and data
 "Idea Cellular to offer free incoming calls on domestic roaming")
Details of Vodafone, Idea merger this week
Merger was necessitated by launch of Reliance Jio Infocomm
 "Details of Vodafone, Idea merger this week")
Can D-Mart modify its ownership model?
D-Mart bucked trend in India by choosing a cluster approach for densely populated residential areas
 "Can D-Mart modify its ownership model?")
Mphasis gets shareholder nod to buy back 1.73 crore shares
Private equity firm Blackstone had bought majority stake in Mphasis from HPE for about $1.1 billion
 "Mphasis gets shareholder nod to buy back 1.73 crore shares")
Former Motorola top exec Sanjay Jha joins Smartron's Board
Jha has also been associated with chipmaker Qualcomm as COO
 "Former Motorola top exec Sanjay Jha joins Smartron's Board")
Indian companies least confident worldwide: Markit survey
Level of confidence of Indian private companies significantly declined in Feb
 "Indian companies least confident worldwide: Markit survey")
Cigarette sector poised for 5% growth on stable VAT
In the past three years, no state except Rajasthan has toyed with the VAT rate in the tobacco sector
 "Cigarette sector poised for 5% growth on stable VAT")
Adani Enterprises seeks financing for coal mine railway from Australian fund
The railway line is part of the $16-billion Carmichael coal project in the state of Queensland
 "Adani Enterprises seeks financing for coal mine railway from Australian fund")
ChrysCapital exits from CavinKare with 2X returns
Promoter buys back entire 14% stake from the PE firm
 "ChrysCapital exits from CavinKare with 2X returns")
Two-wheeler sales to beat demonetisation blues, close FY17 with 7-8% growth: Report
The note ban-induced liquidity crisis had resulted in sales falling 11.3% from November to January
 "Two-wheeler sales to beat demonetisation blues, close FY17 with 7-8% growth: Report")
Despite bottom line pressure, FY17 to be the best for airlines
Are likely to close outgoing financial year with 22-23% traffic growth
 "Despite bottom line pressure, FY17 to be the best for airlines")
Vertical integration will boost oil firms, says OIL chief Bora
Bora refrained from giving any further details on the nature, scope and timeline of such a merger
 "Vertical integration will boost oil firms, says OIL chief Bora")
CIL may miss output target by 20 MT this fiscal: Coal Secy
PSU had set a target of 598 mn tonnes in 2016-17, may achieve only 578 mn tonnes
 "CIL may miss output target by 20 MT this fiscal: Coal Secy")
India to be 3rd-biggest car market by 2020: Suzuki
In April to February this fiscal, MSI has sold around 13 lakh units
 "India to be 3rd-biggest car market by 2020: Suzuki")
McAfee to up hiring investment in India
McAfee, which has been part of Intel as Intel Security Group, had witnessed 20% y-o-y growth in 2016
 "McAfee to up hiring investment in India")