Infosys yet to start search for next CEO

Infosys yet to start search for next CEO

A little over 72 hours after Vishal Sikka quit as chief executive officer (CEO) of Infosys Ltd, India’s second largest software services firm is yet to officially start the process of finding a successor, amid a broader tussle between the...
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Expect Nifty 50 Firms To Post 1.5% Profit Growth In 2017-18: Kotak Institutional Securities

Expect Nifty 50 Firms To Post 1.5% Profit Growth In 2017-18: Kotak Institutional Securities

Mumbai: Weak earnings for the April-June period, wherein Nifty 50 companies reported an 8.4 per cent decline in net income, reflects underlying weakness in the economy and the possibility of yet another sluggish year, according to a report by brokerage...
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US to review China intellectual property policies

US to review China intellectual property policies

The US has formally launched an investigation into China’s policies regarding intellectual property. The top US trade official, Robert Lighthizer, said his office had “determined that these critical issues merit a thorough investigation”. The...
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Infosys approves up to Rs 13,000 crore buyback of shares

Infosys approves up to Rs 13,000 crore buyback of shares

India’s second-biggest IT firm Infosys said on Saturday it will buy back shares worth up to Rs 130 billion ($2 billion), a day after Vishal Sikka resigned as chief executive after a long-running feud with the company’s founders. The board...
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HPCL Share Sale: PwC, 4 Others In Race To Become Transaction Adviser, Says Report

HPCL Share Sale: PwC, 4 Others In Race To Become Transaction Adviser, Says Report

New Delhi: PwC, JM Financial and ICICI Securities are among the five consultants vying to become transaction adviser to the government’s over Rs. 33,000 crore stake sale in Hindustan Petroleum Corporation Limited (HPCL) to Oil and Natural Gas Corpora...
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US to announce trade action against China

US to announce trade action against China

The United States will launch a trade action next week that could lead to a full-fledged investigation into China’s “unreasonable or discriminatory” intellectual property laws, policies and practices that harmful to America, with the possibility of punit...
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