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Infosys expands Sydney operations; to hire 85 people

Infosys expands Sydney operations; to hire 85 people

Even as Infosys trims its overseas headcount to reduce costs, the country’s second largest software services firm today said it has opened a new branch office in Sydney and will…

Diageo’s ‘Plan W’ to empower two million women

Diageo’s ‘Plan W’ to empower two million women

The world’s leading drink company Diageo aims to empower two million women, including 27,000 in India, under its five-year socio-economic programme in Asia Pacific region. “Plan W aims to reach…

Sundaram Business Services bags multi-year deal from Aus firms

Sundaram Business Services bags multi-year deal from Aus firms

Sundaram Business Services, the BPO subsidiary of non-banking finance company, Sundaram Finance has received a three year deal from two accounting firms in Australia. “Sundaram Business Services has bagged three…

AAI eyes Rs 1,500 crore profit this fiscal

AAI eyes Rs 1,500 crore profit this fiscal

Airports Authority of India is expecting a net profit of Rs 1,500 crore this fiscal on account of increase in revenue after the Airports Economic Regulatory Authority (AERA) revised the…

AI introduces new Delhi-Kochi flight

AI introduces new Delhi-Kochi flight

Air India will on Thursday commence a new Delhi-Kochi service, augmenting its flight connectivity on the route. Flight AI477/478 Delhi-Kochi-Delhi will depart from Delhi Airport at 1300 hours daily and…

Ratan Tata is Sachin Tendulkar of corporate India: Chidambaram

Ratan Tata is Sachin Tendulkar of corporate India: Chidambaram

Praising industrialist Ratan Tata, finance minister P Chidambaram on Friday described him as the Sachin Tendulkar of corporate India. Chidambaram was speaking after honouring the Chairman Emeritus of the Tata…

Google, KKR to invest $400 mn on solar projects

Google, KKR to invest $400 mn on solar projects

Internet giant Google and investment firm KKR will invest $400 million in six solar plants in California and Arizona, the companies announced on Friday. The plants are currently being developed…

PepsiCo to invest Rs 33,000 cr in India by 2020

PepsiCo to invest Rs 33,000 cr in India by 2020

Global beverages and snacks major PepsiCo said it will invest Rs 33,000 crore in India by 2020 to ramp up operations. The company, which has so far invested $ 2…

Ashok Leyland announces VRS for staff to cut costs

Ashok Leyland announces VRS for staff to cut costs

Hinduja flagship firm Ashok Leyland has announced a voluntary retirement scheme (VRS) for its employees as part of plans to cut manpower costs in the wake of continued slowdown. The…

BHEL bags Rs 2,569 crore contract from Neyveli Lignite Corp

BHEL bags Rs 2,569 crore contract from Neyveli Lignite Corp

Bharat Heavy Electricals Ltd (BHEL) has bagged a contract worth Rs 2,650 crore for equipment supply from Neyveli Lignite Corp. The order has been placed on BHEL for supply of…