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Infosys shares surge on improved outlook

Jan-11-2013 | 0 Comments

Infosys shares surge on improved outlook BANGALORE: IT outsourcer Infosys on Friday reported a stronger-than-expected quarterly profit and gave an improved outlook for annual revenues, sending its shares soaring.
Consolidated net profit for the Nasdaq-listed firm was flat at 23.69 billion rupees ($430 million) in the October-to-December quart... Read Full Story »

Vijay Mallya's last stand : Selling his crown jewel United Spirits

Nov-10-2012 | 0 Comments

Vijay Mallya's last stand : Selling his crown jewel United Spirits BANGALORE/MUMBAI: "I feel sorry for him" or "he has my sympathies" are not the phrases you would ordinarily associate with as flamboyant a person as Vijay Mallya. But, indeed, they cropped up often when talking to a large number of people who have known him personally and professionally for this story.
... Read Full Story »

No major OnMobile shareholder is exiting: Co-founder Mouli

Aug-27-2012 | 0 Comments

No major OnMobile shareholder is exiting: Co-founder Mouli BANGALORE: OnMobile's major investors have no intention to exit the company, its co-founder and managing director Mouli Raman told TOI on Monday.

Mouli, who was speaking to the media for the first time after the controversial exit last month of its other founder, Arvind Rao, said the major inve... Read Full Story »

Economy is in need of rescue: Adi Godrej

Aug-27-2012 | 0 Comments

Economy is in need of rescue: Adi Godrej BANGALORE: The economy is in need of rescue, Adi Godrej, president of CII (Confederation of Indian Industries), said in Bangalore on Monday. Godrej said the current macro-economic conditions are grimmer than what it was in 2008-09, the peak of the last downturn.

"One of the biggest problems tha... Read Full Story »

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