India Business

India Business

Infosys board approves up to Rs 13,000 cr buyback offer

The country's second largest software services firm Infosys today said its board has approved a share buyback offer of up to Rs 13,000 crore. The...

Infosys chief quits in rift with founders

Vishal Sikka has resigned as chief executive of Infosys, the Indian software giant announced Friday, amid growing acrimony between the company's board and its...

India says economy could slow down

India's economy is at risk of slowing down in the current fiscal year, the government said in a mid-year economic survey Friday. In February, the...

RBI cuts key rate by 0.25%; to lower home, auto EMIs

The Reserve Bank today slashed benchmark lending rate by 0.25 per cent to 6 per cent citing reduction in upside risk to inflation, a...

India’s Infosys eyes artificial intelligence profits

Indian IT giant Infosys said Friday that artificial intelligence was key to future profits as it bids to satisfy clients' demands for innovative new...

China says India violates 1890 agreement in border stand-off

China said on Monday that India was violating an 1890 border agreement between Britain and China that previous Indian governments have pledged to uphold,...

Rupee goes up 3 paise against American dollar

The rupee made a modest but positive start on Friday by edging up 3 paise to 64.56 against the US dollar. The appreciation in value...

GM to stop selling cars in India, manufacturing to continue

General Motors Co will stop selling cars in India from the end of this year, drawing a line under two decades of battling in...

Mukesh Ambani leads Forbes list of Global Game Changers

Reliance Industries Chairman Mukesh Ambani leads a Forbes list of 'Global Game Changers' who are transforming their industries and changing the lives of billions...

Infosys plans to hire 10,000 American workers, open 4 US tech centers

      Indian IT major Infosys will hire about 10,000 locals in the US over the next two years and set up four technology and innovation...