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Infosys Limited, a business consulting, information technology and outsourcing company, and its subsidiary, Infosys BPM Limited, will pay California USD 800,000. (Photo: File)

Infosys to pay USD 800,000 to settle case with California Attorney...

In the settlement, Infosys denied the allegations and asserted of no wrongdoings.

19 Dec 2019 10:18 AM IST

Infosys Limited, a business consulting, information technology and outsourcing company, and its subsidiary, Infosys BPM Limited, will pay California USD 800,000. (Photo: File)

Infosys to pay USD 800,000 to settle case with California Attorney...

Fine will be paid to settle allegations of misclassification of foreign workers and tax fraud, officials said.

18 Dec 2019 4:42 PM IST

Cyrus Mistry. (Photo: File)

NCLAT restores Cyrus Mistry as Tata Sons Chairman

The NCLAT however stayed the operation of the order with respect to reinstatement for four weeks to allow Tatas to...

18 Dec 2019 3:29 PM IST

In the first round of insolvency proceedings, the Rs 7,350 crore bid of Lakshdeep, part of Suraksha Group, was rejected by lenders.

Jaypee Infra shares jump over 9 pc on CoC nod for NBCC bid

Shares of Jaypee Infratech were trading 9.26 per cent higher at Rs 1.77 apiece on the BSE.

18 Dec 2019 12:44 PM IST

MR. MAYUR D. SHAH - Vice President West, MR. ANIL REDDY VENNAM - Vice President South, MR. JAGAT KILLAWALA - President, MR. ARVIND MEHTA - Chairman AIPMA Governing Council, MR. CHANDRAKANT TURAKHIA Senior Vice President, MR. HITEN BHEDA - Chairman Environment Committee, MR. MEELA JAYADEV - Immediate Past President togethera at the All India Plastics Manufacturers Association members and industry leaders Meeting were they urge Government for restructuring of custom duties, anti dumping duty on import of cheap finished products, review of Foreign Trade Agreements at a meeting held in Mumbai.

Plastics industry body urges Govt for restructuring of custom duties...

APIMA organized a meet to discuss measures that needs to be taken by the government for revival of the Plastics...

17 Dec 2019 4:49 PM IST

Im looking forward to best in class quality but strong Indian owned and controlled financial sector and while we must attract foreign capital, we must ensure that there is no colonialisation of Indian finance, Im looking forward to best in class quality but strong Indian owned and controlled financial sector and while we must attract foreign capital, we must ensure that there is no colonialisation of Indian finance, Uday Kotak said. (Photo: File)

-'Kotak Mahindra Bank best suited to acquire Yes Bank-'

I think Uday (Kotak) is the best candidate to acquire Yes bank. You need deep pockets, Uday has that, said SBI-'s...

17 Dec 2019 1:48 PM IST

ATL has received the LoI from MSETCL to build, own, operate and maintain a transmission project in Maharashtra for a period of 35 years, a company statement said.

Adani Transmission gets LoI for project in Maharashtra

According to the statement, this will be Adani Transmission-'s first ever 400 kV substation facility in Mumbai.

14 Dec 2019 3:53 PM IST

Netrika will now be better positioned to effectively lead the fight agai-nst unauthorised leaks and peddling of copyrighted intellectual pro-perties such as movies, music albums, etc.

Netrika Consulting buys Anti-Piracy Solutions

The acquisition aims at boosting Netrikaâ€™s capability in the fight against the online sale of counterfeit goods.

14 Dec 2019 1:18 AM IST

In India, banks will face the maximum pressure on income from card transactions and fees, with free payments putting 8.4 per cent of the payments revenue at risk.

Small finance banks see 130 per cent growth in deposits

Traction in term deposits increased and savings deposits were converted to term deposits owing to the high rates offered...

14 Dec 2019 1:11 AM IST

The industry has been going through a tough time since the introduction of GST.

Textile sector gets low credit

According to the industry data, overall textile exports have been shrinking month after month for quite some time.

14 Dec 2019 1:08 AM IST

The Indian diamond processing companies have been finding it difficult to avail finance from the formal banking sector since the Nirav Modi-PNB scam.

Nirav Modi scam hits rough diamonds

Global rough diamond sales to dip 25 per cent.

14 Dec 2019 12:58 AM IST

The pace of economic growth, however, will remain lower than in the recent past.

Moodyâ€™s cuts growth rate

Ratings agency Moodyâ€™s Investors Service has lowered its 2019 GDP growth forecast for India to 5.6 per cent for the...

14 Dec 2019 12:56 AM IST