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27 August 2016, 01:26

Brexit hits Infy clients’ IT spend

IT major Infosys on Friday said the company would be able to give a clear guidance on its earnings only after the September quarter as it is seeing some ‘softness’ in clients after Britain voted to leave the European Union. In an analyst meet, the top ...
Asian Age, 25 min(s) ago
Also from: The Hindu, Business Standard

Range Rover sales, forex peg back Tata Motors' Q1 show

Adjusted for forex changes, operating profit margins came in line with estimates
Business Standard, 1 hour(s) ago
Also from: The Financial Chronicle, Reuters and 2 other sources

L&T eyes Rs 2L crore sales by 2021

Engineering and construction company Larsen & Toubro on Friday said the company has set an ambitious target of almost doubling its sales to Rs 2 lakh crore by 2020-21. Addressing the shareholders at the 71st annual general meeting here, L&T group executive ...
The Financial Chronicle, 1 hour(s) ago
Also from: Asian Age, Money Today and 2 other sources

Kharif sowing completed in 96% of seasonal area

101.9 million hectares have been planted under different Kharif crops, 4.7% higher than the area sown by this time last year
MSN India, 2 hour(s) ago
Also from: Business Standard, Money Control

Mahindra unveils platform to track vehicle information

Mahindra & Mahindra Ltd (M&M) announced the introduction of Mahindra DiGiSENSE, a technology solution that connects Mahindra range of pick up vehicles, tractors, trucks and construction equipment to the cloud to enable vehicle owners to have complete ...
The Hindu, 2 hour(s) ago
Also from: Asian Age

View: Unified Payments Interface may not kill mobile wallets

The launch of Unified Payments Interface will only ensure that mobile wallet operators such as Paytm, MobiKwik and FreeCharge up their ante. This in turn will give users more options and provide a fillip to India's cashless economy.
Money Control, 5 hour(s) ago
Also from: Business Standard, Rediff.com and 1 other source

Huawei unveils global service centre in B'luru

Huawei India, a part of the $46-billion Chinese information and communication technology behemoth Huawei, inaugurated its largest Global Service Centre (GSC) in Bengaluru, with 1,000 employees, on Friday. In an interaction with DH as part of the GSC ...
Deccan Herald, 2 hour(s) ago
Also from: Business Standard, Money Control

RBI should be careful on relaxing prudential regulations, says Rajan

Putting the onus on the government to subsidise activities of national importance, RBI Governor Raghuram Rajan said that the RBI has to be careful about relaxing prudential regulations in these cases as it may pose systemic risks. "While the RBI is a ...
Deccan Herald, 2 hour(s) ago
Also from: Business Standard, Rediff.com and 1 other source

Case for rate hikes stronger, says US Fed chief Janet Yellen

The case for raising interest rates in the United States has firmed in recent months because of improvements in the labour market and an outlook for faster economic growth, Federal Reserve Chair Janet Yellen said on Friday. US stocks pared gains after Yellen's comments. She devoted much of her speech to outlining how the Fed may deal with future recessions.Analysts say, since Fed's twin goals of employment and inflation are getting close to being achieved, a case can be made for tightening.
Rediff.com, 5 hour(s) ago
Also from: Business Line

Confident that Urjit Patel will carry forward inflation fight: Raghuram Rajan

Outgoing Reserve Bank Governor Raghuram Rajan exuded confidence on Friday that his successor Urjit Patel will carry forward the work they began on taming inflation. "I am confident that Urjit Patel, who has worked closely with me on monetary policy for the ...
DNA, 2 hour(s) ago
Also from: Deccan Herald, Money Control

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