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Mahindra MSTC Recycling Pvt Ltd, has a paid up capital of Rs 20 lakh and MIL has an initial subscription of Rs 10 lakh.

Mahindra sales up 14 per cent at 48,324 units in August

Exports also increased 14 per cent at 2,951 units in August against 2,592 units.

1 Sept 2018 2:08 PM IST

Mr Sikka was something of a poster boy for IT when he joined Infosys after 12 years with the Germany-based global leader in enterprise software SAP.

Infosys shares extend losses after CEO quits

Infosys shares slumped 9.6 per cent on Friday after CEO Vishal Sikka unexpectedly resign.

21 Aug 2017 11:15 AM IST

The government has proposed a penal tax rate of 50 per cent to incentivise black money hoarders to switch to formal economy.

GST impact: India Inc profits dip 11 per cent in Q1'FY18

At the sector level commodity linked sectors and industrials reported the strongest revenue growth.

18 Aug 2017 7:13 PM IST

Alibaba has an active user base of around 500 million.

Alibaba profit nearly doubles on robust revenues

Alibaba said net income in the quarter which ended June 30 was 14.7 billion yuan ($2.2 billion).

17 Aug 2017 5:13 PM IST

Countrys second-largest software firm Infosys today reported a 7 per cent growth in its consolidated net profit at Rs 3,708 crore for the October-December quarter of the current fiscal.

Infosys gains 4 per cent on share buyback proposal

Infosys in April had said that it will pay up to Rs 13,000 crore to shareholders during the current financial year.

17 Aug 2017 1:43 PM IST

Being the first baby to be born in-flight for the airline, Jet Airways has offered him a free lifetime pass for all his travels.

Jet Airways to announce June quarter results in September

Shares of airline trading marginally lower at Rs 594.65 in late afternoon trade on BSE.

2 Aug 2017 3:41 PM IST

JSW Energy has diversified businesses in carbon steel, power, mining, industrial gases, port facilities, cement and information technology sectors.

JSW Steel Q1 net slips 44 per cent on flat prod, higher input costs

Total revenue during the quarter increased sharply by 24 per cent to Rs 15,977 crore.

1 Aug 2017 7:43 PM IST

The company had sold 5,32,113 units in July 2016.

Hero MotoCorp sales up 17.13 pc to 6,23,269 units in July

Hero MotoCorp said it was able to clock a robust six-lakh plus sales in July.

1 Aug 2017 6:24 PM IST

Total two-wheeler sales were at 2,63,336 units last month as against 2,40,042 units in July 2016.

TVS Motor Co July sales up 9.34 per cent at 2,71,171 units

Domestic two-wheeler sales grew by 6.2 per cent to 2,19,396 units as against 2,06,605 units.

1 Aug 2017 5:51 PM IST

Sales of medium and heavy commercial vehicles grew by 10.32 per cent to 9,026 units as against 8,182 in the year-ago month.

Ashok Leyland sales up 14 per cent at 11,981 units in July

Light commercial vehicle sales rose 27.92 per cent to 2,955 units compared to 2,310 in July last year.

1 Aug 2017 12:45 PM IST

SoftBank wrote off 39.28 billion yen in the value of shares in its Indian investments

SoftBank reports drop in quarterly profit on Alibaba stake

SoftBank quarterly net profit was 5.5 billion yen ($50 million), down from 254 billion yen previous year.

7 Aug 2017 12:49 PM IST

The stock closed 2.57 per cent down at Rs 67,400 apiece on BSE.

MRF Q1 net profit plunges 78 per cent to Rs 106.53 crore

Total income during the quarter under review stood at Rs 4,060.93 crore as against Rs 3,955.93 crore.

4 Aug 2017 4:42 PM IST