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Vishal Sikka has resigned as CEO and MD of Infosys. (Photo: PTI)

Sikka got Rs 13 crore remuneration from Infosys for FY18

Vishal Sikka received Rs 16.01 cr in 2016-17, according to company's annual report for last fiscal, ended Mar 31.

22 May 2018 1:10 PM IST

Japanese entertainment giant Sony on Tuesday announced a deal to acquire the music publishing firm and record label EMI for a price of around USD 1.9 billion.

Sony to become world's No 1 music publisher

Sony will later on Tuesday unveil its latest strategic plan under new CEO Yoshida.

22 May 2018 12:44 PM IST

Cab aggregator Ola on Thursday said it will offer in-trip insurance cover to riders, who can avail the service by paying Re 1 for intra-city travel.

Ola expands to 3 Australian cities

The service has received a strong response from driver-partners with over 30,000 driver-partners registered...

22 May 2018 12:28 PM IST

Oil and Natural Gas Corp (ONGC) has become Indias first company to hold a meeting of its Board of Directors at high sea. (File Photo)

ONGC, OIL face risk of subsidy sharing, says Moody's

This subsidy sharing ended in June 2015 with global oil prices plummeting.

22 May 2018 12:02 PM IST

Jurors return to a Silicon Valley courtroom Monday to put a price on patented iPhone design features copied by Samsung in a legal case dating back seven years.

Apple-Samsung iPhone design copying case goes to jury

Apple is seeking slightly more than a billion dollars in damages, while Samsung wants a figure closer to USD 28 million.

22 May 2018 11:51 AM IST

The strongest labour market is anticipated in the north, where the net employment outlook stands at 32 per cent.

Companies project increased manpower strength in FY19: survey

The projected figure of recruitment of male and female candidates stood at 57.77 per cent and 42.23 per cent.

22 May 2018 11:08 AM IST

Origin of gold is one of the most intriguing mysteries for mankind since ancient times. (Photo: Pixabay)

Gold prices slip as investors eye riskier assets

US gold futures for June delivery were 0.1 per cent lower at $1,290.10 per ounce.

22 May 2018 10:30 AM IST

The Sensex opened higher before trading at 26,646.65 at 1100 hours, a loss of 51.17, or 0.19 per cent.

Sensex opens in green on value-buying, up 83 points

Sectoral indices, including capital goods, consumer durables, infrastructure and oil and gas, advanced up to 0.46 per...

22 May 2018 10:06 AM IST

Visiting Venezuelan Foreign Minister Jorge Arreaza said in New Delhi on Monday that Venezuela wants trade with India in oil and other commodities such as food and medicines to be conducted in Indian Rupees and not in US Dollars. (Representational image)

Rupee recovers from 16-month low, up 15 paise against US dollar

Rupee is trading at 67.97 against the US dollar on fresh selling of dollar by exporters and banks.

22 May 2018 9:43 AM IST

State-owned Punjab National Bank (PNB) has hired lawyers to represent itself in the bankruptcy proceedings of the US-based Firestar Diamond.

Top executives at fraud-hit PNB misled RBI, CBI alleges

RBI had repeatedly cautioned all banks, including PNB, and had sought details from the banks.

22 May 2018 9:10 AM IST

A source said that all airlines were intimated on the development a long time back and no flights will be scheduled during the affected time period. (Photo: ANI)

Airlines may get nod to tap ECB window for low-cost funds

The airlines companies have been asked to provide their inputs on it at the earliest to take the issue forward.

22 May 2018 8:32 AM IST

The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

FinMin rules out raising equity investment limit for pension funds

Government employees contribute about 87 per cent of the Rs 2.3 lakh crore ($35 billion) managed by the NPS.

22 May 2018 8:27 AM IST