Edition:
India

Sankalp Phartiyal

22 Apr 2017

Indian techies, IT firms fret as Trump orders US visa review

MUMBAI For Grishma, an Indian software designer, President Donald Trump's review of the visa programme for bringing highly skilled workers into the United States comes at a bad time.

22 Apr 2017

Indian techies, IT firms fret as Trump orders U.S. visa review

MUMBAI For Grishma, an Indian software designer, President Donald Trump's review of the visa programme for bringing highly skilled workers into the United States comes at a bad time.

18 Apr 2017

TCS posts higher profit, confident of demand growth

MUMBAI Tata Consultancy Services Ltd, India's biggest software services exporter, reported a slightly smaller than expected rise in fourth-quarter earnings on Tuesday, but was confident of demand growth in some of its major focus areas.

13 Apr 2017

Infosys to return $2 billion to shareholders, appoints co-chairman

MUMBAI/BENGALURU Infosys set a $2 billion cash return to shareholders and appointed an independent director as co-chairman, moves that may placate a group of founders and former executives who have criticised India's second-biggest software services exporter.

11 Apr 2017

Flipkart raises $1.4 billion in high stakes battle with Amazon

MUMBAI India's top e-commerce firm Flipkart has raised $1.4 billion in its biggest fundraising to date as it takes on U.S. tech giant Amazon.com Inc for a larger share of the country's burgeoning online retail market.

09 Apr 2017

Snapdeal founders move to calm employees amid takeover speculation

MUMBAI The founders of India's Snapdeal told employees in an email on Sunday that the e-commerce company will ensure there is no disruption to staff "as the way forward becomes clear," as speculation of a takeover swirls.

05 Apr 2017

Snapdeal looking to raise $100 million from SoftBank, other investors

MUMBAI Indian online retailer Snapdeal is looking to raise just over $100 million from existing shareholders including Japan's SoftBank and new investors, its chief financial officer said.

04 Apr 2017

Under pressure, Snapdeal woos staff with promises of profit

MUMBAI/NEW DELHI Seeking to calm employees rattled by reports of a cash crunch, the founders of Indian online retailer Snapdeal have gone directly to them with a string of townhall meetings in past weeks, according to sources, promising profit and brushing off takeover talk.

03 Apr 2017

Infosys founder criticizes pay hike for operations chief

MUMBAI/BENGALURU A dispute between the founders and the board of software services company Infosys Ltd over governance spilled into public again on Monday, as founder N.R. Narayana Murthy criticized a pay hike for Chief Operating Officer Pravin Rao.

28 Mar 2017

Bharti Airtel sells 10 percent stake in tower unit to KKR, Canada Pension

MUMBAI Bharti Airtel said it sold a 10.3 percent stake in its telecom tower unit Bharti Infratel to U.S. private equity firm KKR & Co LP and Canada Pension Plan Investment Board (CPPIB) for more than 61.9 billion rupees ($952.75 million).

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