TCS back on talks with Dell to buy Perot IT business January 05, 2016 11:32
Tata Consultancy Services (TCS) takes a u-turn by restarting talks to buy Perot IT business from Dell. Earlier, the talks were ended due to disagreement over price. TCS is locked in a bidding war with…
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Wipro names new CEO, Board member January 04, 2016 18:05
Wipro, India’s third largest IT exporter, named Abid Ali Z. Neemuchwala as the Chief Executive Officer as the Board member of the company. The current CEO T.K. Kurien is also named as the executive Vice…
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Wipro names new CEO, Board member January 04, 2016 18:05
Wipro, India’s third largest IT exporter, named Abid Ali Z. Neemuchwala as the Chief Executive Officer as the Board member of the company. The current CEO T.K. Kurien is also named as the executive Vice…
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New investment from Ratan Tata! January 04, 2016 16:23
Ratan Tata, one of the top industrialists, has invested in pet care portal DogSpot.in. With this, he is continuing the investments slew he has been making in startups globally. The value of the investment remains…
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New scheme cheers textile industry, A-TUFS January 02, 2016 19:14
The decision from the Union government to launch an amended technology upgradation fund scheme has lightened the textile industry. The new scheme is a replacement for the existing revised, restructured TUFS. The financial burden of…
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Bharat Forge, Rolls-Royce sign deal for aero engine parts December 30, 2015 16:17
Bharat Forge, homegrown auto components major, has entered into a deal with Rolls-Royce for a long term agreement to supply aero engine parts. A statement from Bharat Forge said, “The agreement envisages supply of critical…
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Greybull Capital to buy Tata Steel UK unit December 23, 2015 16:02
Tata steel is in discussion to sell its UK-Based Unit to Greybull Capital, an investment firm. The news is in accordance with the statements from two firms. This news gave a boost to troubled steel…
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Google, Ford discuss on autonomous cars December 22, 2015 17:57
Google is in discussions with Ford on building its autonomous cars, according to reports from Automotive News which cited a person with related project knowledge. If the contract manufacturing deal gets finalized, it would come…
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Medical device sector now delinks from Pharmaceutical sector? December 12, 2015 15:53
Good news for medical device sector, as its long standing demand for delinking from the Pharmaceutical sector was accepted by the government. The health ministry accepted to delink schedule M III of the Drug Rules…
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Global solar alliance plans by India, France November 30, 2015 18:16
Indian Prime Minister Narendra Modi and French President Francois Hollande are to launch a game changing international solar alliance, as an effort to bring affordable and clean solar energy to all.According to a statement from…
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HSBC Holdings’ private banking unit to close in India November 28, 2015 12:24
As a part of group strategy, HSBC Holdings is in the edge of closing its private banking unit in India. This marks the exit of another foreign bank from the wealth management business in India,…
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Ola appoints Infosys’ CEO advisor as Chief Financial Officer November 27, 2015 18:52
Ola, an App-based cab operator, has named Rajiv Bansal, advisor to Infosys’ CEO, as Chief Financial Officer. From January 2016, Mr. Bansal will join the start-up. He resigned from Infosys. He will be a part…
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