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Infosys likely to be fined $35 mn for visa related violations

Infosys likely to be fined $35 mn for visa related violations

The US Justice department is expected to resolve on Wednesday a visa fraud investigation against Infosys Ltd, according to a media report. The company is expected to be slapped a…

McDonald’s drops Heinz Ketchup

McDonald’s drops Heinz Ketchup

McDonald’s has said it was dropping ketchup king Heinz as a supplier of the key hamburger condiment, citing management changes at Heinz that put the company closer to rival Burger…

Reliance Jio Infocom gets unified telecom licence

Reliance Jio Infocom gets unified telecom licence

Reliance Jio Infocomm Ltd (RJIL), the telecom arm of Reliance Industries, said it has received a unified telecom licence that will enable it to offer voice telephony and high speed…

Wipro stock slumps despite strong Q2 earnings

Wipro stock slumps despite strong Q2 earnings

Wipro shares tanked more than 8 per cent in the morning trade after the company reported a 28 per cent growth in its consolidated net profit for the second quarter…

Mahindra to launch first small aircraft in India in 2 years

Mahindra to launch first small aircraft in India in 2 years

Mahindra Aerospace, the aircraft and components manufacturing arm of Mahindra group, will start producing the first eight-seater aircraft in India in the next two years. “You can expect that within…

Boeing cuts 747 jumbo production again

Boeing cuts 747 jumbo production again

Boeing on Saturday said it would cut production of its 747-8 jumbo aircraft for a second time this year, citing weaker demand for big aircraft. The Chicago-based aerospace giant said…

Colgate-Palmolive announces 10th edition of Oral Health Month

Colgate-Palmolive announces 10th edition of Oral Health Month

Colgate-Palmolive (India) Ltd in partnership with the Indian Dental Association (IDA) on Thursday announced tenth edition of the Oral Health Month wherein free dental check-up will be provided. Spanning two…

Telecom M&A guidelines to be in place by Nov 1

Telecom M&A guidelines to be in place by Nov 1

The most awaited telecom mergers and acquisition guidelines which were expected to be released today, will be released, in about next two weeks time, Telecom Minister Kapil Sibal said. “It…

New port in Nellore to become a majority facility

New port in Nellore to become a majority facility

The proposed port at Duggarajupatnam in Nellore district has the potential to become a major shipping facility and benefit the industries existing in its vicinity, an Andhra Pradesh Minister said.…

Airtel launches flexible plans for post paid customers

Airtel launches flexible plans for post paid customers

Bharti Airtel launched a plan for post paid users that can be customised according to their usage preferences. The customers can choose from five rental options in the range of…