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Infosys Q2 result above analysts’ estimates, net profit up 13%

The company reaffirmed its projection for 6-8% revenue growth in the current fiscal in constant currency and operating margin at 22-24%.

Rupee may fall to 76 against US dollar by year-end: HSBC

The rupee could be significantly weaker than thought earlier at the ends of the current and next calendar years, HSBC Global Research said, even as it saw the Reserve Bank of India becoming ‘more ac

As data localisation deadline approaches, payments firms get ready for a showdown with RBI

Industry sources said, in a meeting on October 10, RBI had told the companies that if they fail to meet the deadline regulatory action and penalty will follow.

PFRDA seeks easing of FDI norms for pension funds, expects boost for fledgling segment

Currently, eight pension funds manage Rs 2.55 lakh crore NPS corpus, which is projected to grow to Rs 3 lakh crore by end-FY19.

Festive season sales: Mobile phones drive online shopping spree, tier II city shop big

E-commerce players are estimated to have clocked in a combined gross merchandise value (GMV) worth $2.3 billion, data from market research firm RedSeer Consulting reveal.

NCLAT order: Stay on proceedings against IL&FS, arms

Based on an urgent petition moved by the ministry of corporate affairs (MCA), the National Company Law Appellate Tribunal (NCLAT) on Monday stayed all proceedings against IL&FS and its 348 group firms

Trade worries: Export shrink again in September, worst plunge in 26 months

Exports dropped to almost $28 billion in September, against $28.6 a year earlier when it had jumped as much as 25.7%.

Bad news! Big redemption in Liquid MFs could hit loan growth. Here is how this will impact NBFCs

With NBFCs & HFCs finding it difficult to raise funds, total lending won’t rise by more than 10% as compared to 13% in 2017-18

Support scheme not helping farmers? Mandi arrivals up, prices below MSP but little procurement so far

According to officials, many states have informed the Centre that MSP operations could not be started due to the high moisture content than permissible limits in case of many crops.

New age takeover: Debit card PoS transactions of Airtel, Paytm, Fino Payments banks beat those of mid-sized PSBs!

In August, the three payments banks the first to begin operations recorded a combined 2.15 million debit card transactions.

Car discounts galore! Dealers offer big savings to car buyers to push sales in festive season

Car buyers may enjoy huge car discounts as car makers look to shift gears in the festive season after having been pretty much in the slow lane so far this year.

Thugs of Hindostan: Yash Raj’s big box-office grosser this Diwali? Here is what could work for it

Starring Aamir Khan and Amitabh Bachchan, and directed by Vijay Krishna Acharya, the film is expected to be a big grosser at the box office.

India loves 4G: Smartphone-addicted users consumed 88.66 lakh TBs data in April-June period

With operators increasingly adopting 4G and VoLTE services, subscribers are experiencing faster data speeds, which, in turn, is fuelling videos and music consumption, translating into higher data usag

Crop insurance: Payout ratio jumps after Centre’s prodding

According to official data reviewed by FE, state-run and private-sector insurers paid Rs 15,181 crore to farmers for kharif 2017 crop losses by October 8, against estimated claims of Rs 15,896 crore.

Brand PV Sindhu: Ace shuttler is 6th top-earning woman on Forbes list – a look at her income and advertisement projects

The Hyderabadi badminton player stepped into the limelight at the Rio Summer Olympics in 2016 where she won a silver medal. Performing consistently after that helped her bag new brand associations and

E-commerce: Modi government to say no to proposed FDI curbs?

Disinclined to accept panel’s suggestion that foreign investors be denied ‘control’.

H1 performance: Lukewarm sales lead SIAM to trim target

The PV sales declined by 5.61% in September — the biggest decline so far in this fiscal — marking the third straight month of decline.

Beating estimates: HUL net jumps 20% on price rise, volume growth

Chairman and managing director Sanjiv Mehta said that with increase in crude oil prices and other commodities, the company may look at calibrated price hike in the coming quarters.

To ‘continue buying Iran oil’, says India; ‘Not helpful’: US

India would “continue to buy” crude oil from Iran though the shipments might see some reduction, economic affairs secretary Subhash Chandra Garg said on Friday.

Stemming rupee slide: Fresh import curbs soon to trim CAD

PMO to convene meeting shortly; target items may include consumer goods, chemicals, scrap, base metals.

Global rout: Sensex crashes over 1,000 points

Nifty ends below 10,300-mark after a tumble in US equities sparked heavy sell-off across the globe.

Q2FY19: TCS turns in good show, weak rupee helps

The company registered a consolidated net profit of Rs 7,901 crore, up 7.6% quarter-on quarter in line with analysts’ estimates.

Ranbaxy arbitration: Shivinder Singh willing to pay his share of Rs 3500-cr dues to Daiichi

The court has also asked the Singh brothers to submit a report within a week detailing how the valuation of the assets they had earlier disclosed to the court has gone down.

Way forward! Kotak-led board to order IL&FS forensic audit first

The board under Uday Kotak, vice-chairman and managing director, Kotak Mahindra Bank, will meet for a second time in just over a week on Friday.

Moving ahead! Troubled AirAsia India finally gets a CEO after six months – Sunil Bhaskaran

Next step will be reconstituting the board; group CEO Tony Fernandes likely to step down

Iran sanctions: India ups imports from Saudi

India imports an average of 25 million barrels per month from Saudi Arabia.

Action continues: Big blow! Supreme Court orders sealing of nine Amrapali properties

The Supreme Court on Tuesday sent the three Amrapali Group directors, who were present in the court, to police custody till they hand over every document related to accounts of all their 46 group comp

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