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Mindtree offers Smart Alert Management and Smart Reconciliation Management.

Mindtree board appoints L&T chief A M Naik as non-executive chairman

The move follows the construction major acquiring over 60 per cent stake in the Bengaluru-based IT company.

18 July 2019 11:18 AM IST

Nasscom president R. Chandrashekhar claimed that top five IT companies hired additional 50,000 people between January to March in 2017.

Demand for digitally skilled talent to grow at 35 pc CAGR:NASSCOM

By 2022, 54 per cent of all employees will require significant reskilling and upskilling, said NASSCOM's Debjani Ghosh.

18 July 2019 10:07 AM IST

The acquisition of Yatra would lend itself to significant synergies and the emergence of EbixCash as Indias largest and most profitable travel services company, said Ebix Chairman, President and CEO Robin Raina.

Yatra to merge with Ebix arm

Ebix had announced commencement of the due diligence process in March this year.

18 July 2019 1:43 AM IST

Global rating agency Moodys Investors Service on Tuesday placed Yes Banks foreign currency issuer rating of Ba1 under review for downgrade.

Yes Bank: Slippages to remain elevated

The private lender had reported a profit of Rs 1,260 crore in the same quarter last year.

18 July 2019 1:32 AM IST

Air cargo volumes have recorded declines as unresolved disputes and the imposition of trade tariffs led to a marked slowdown in international trade flows. (Photo: ANI)

International airfares likely to drop

Air India, Indigo, SpiceJet and Go Air are expected to benefit from the move.

18 July 2019 1:25 AM IST

Startups have also appealed that the government should also consider eliminating Minimum Alternate Tax for startups, which are DIPP certified.

Facebook, T-Hub pick 10 startups for 'India Innovation Accelerator'...

The cohort startups will have access to T-Hub's ecosystem and PwC India's industry experts to scale their businesses.

17 July 2019 8:02 PM IST

Jaypee Infratechs Interim Resolution Professional (IRP) Anuj Jain too favoured voting process for the revised offer.

Jaypee insolvency: NCLAT asks IDBI Bank to furnish conditions for...

A two-member bench headed by Chairman Justice S J Mukhopadhaya has asked IDBI Bank to file an affidavit by Friday.

17 July 2019 7:01 PM IST

Yes Bank last week had informed about raising Rs 4,906.65 crore (USD 750 million) in Qualified Institutions Placement mode.

NPA troubles continue for Yes Bank; June net down 92 pc

The bank's fresh slippages at Rs 6,232 crore nearly doubled if compared to the Rs 3,408 crore in the previous quarter.

17 July 2019 6:53 PM IST

InVIT will acquire 100 per cent equity interest in Pipeline Infrastructure Pvt Ltd, owner and operators of the pipeline that transports Reliance Industries Ltds eastern offshore KG-D6 gas to customers, according to a statement issued by RIL.

BP, Reliance investing USD 5 billion in KG-D6 to produce 1 bcf of gas

The three projects will help reverse the falling gas output from what was once the biggest gas-producing block in India.

17 July 2019 6:18 PM IST

Shares of DHFL were up 4.5 per cent at 128.80 rupees.

DHFL shares continue to rise; jump 11 per cent

The scrip jumped 11.07 per cent to close at Rs 56.20 on the BSE. During the day, it zoomed 17.88 per cent to Rs 59.65.

17 July 2019 5:24 PM IST

India pays its third largest oil supplier in euros using European banking channels and imports.

India's overhauled oil policy unlikely to be a game-changer: Wood...

Union Cabinet in February had approved a policy for awarding acreage, based primarily on exploration work commitment.

17 July 2019 2:55 PM IST

DCB Banks net interest income increased 14 per cent to Rs 301 crore, while non-interest income rose 17 per cent to Rs 99 crore

DCB Bank shares plunge 14 pc post June quarter earnings

Total income during the quarter rose 10 per cent to Rs 392 crore as against Rs 356 crore in the year-ago period.

17 July 2019 12:40 PM IST