News

Oil Minister Jaipal Reddy told NDTV Profit that the meeting to decide the timeline of divestment of Centre’s 5 per cent stake in the oil firm will take place on February 27.

Infosys is not looking to buy ICICI Bank's stake in Firstsource Solutions, V Balakrishnan, Infosys CFO told NDTV Profit. Firstsource Solutions shares surged 20 per cent on Thursday on the back of speculation of a deal. The company's share price has gained 80 per cent in one month. ICICI Bank holds 18 per cent in Firstsource Solutions.

According to the top executive compensation report 2011-12, released by global management consultancy Hay Group today, the average CEO (Chief Executive Officer) compensation has crossed Rs two-crore mark, on cost-to-company (CTC) basis.

Birla told NDTV Profit that the cancellation of 2G licenses created some amount of uncertainty.

Tata Consultancy Services in partnership with the Ministry of External Affairs announced the launch of a centre for application and issuance of passport in the National Capital Region.

Kingfisher Airlines on Thursday started truncated operations in accordance with its new flight schedule.

ING Group is planning to sell its three Asian insurance joint ventures separately from its other Asia assets

Adani's holding company also plans to sell its real estate business, which will be taken over by the group's founding family.

Microsoft on Wednesday lodged a formal complaint with the European Union's competition regulator against Motorola Mobility and its soon-to-be owner Google

The move comes in the backdrop of a group of ministers recommending up to 49 per cent investment in domestic airlines by foreign carriers.

Competition watchdog CCI has approved the merger of Sasan Power Infrastructure with its parent firm Reliance Power

Auto major Tata Motors said it has finalised a joint venture partner for the proposed plant for JLR in China

P K Goyal, finance director at IOC, said that under recoveries cost IOC Rs 244 crore per day.

Hewlett-Packard Co's earnings fell nearly 44 per cent and the world's No. 1 computer maker forecast a second-quarter profit below Wall Street estimates as it struggles with weak sales of PCs and printers.

Business support system provider Subex shares rise on order from African operator

Samsung said on Thursday that sales of its flagship Galaxy S II topped 20 million handsets since its launch.

Amazon, Apple, Google, Microsoft, Research In Motion, and Hewlett-Packard have agreed to provide greater privacy disclosures before users download applications in order to protect users' personal data

Nilanjana Bhaduri Jha flew Kingfisher between Delhi and Mumbai twice in the last two days. Here is her story