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The IT heavyweight further said that it will update the stock exchanges on the basis of key findings of the investigation reports once these are concluded.IT major Infosys on Monday said it has not received any prima facie evidence so…

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Larsen&Toubro reported good order inflows, up a smart 20% y-o-y, much of it was won internationally with the domestic wins staying subdued.Sales at India Inc crawled in the September quarter as companies struggled to push through…

However, factors such as muted economic growth, lower working capital requirements of various borrowers, as well as risk aversion among lenders, have compressed incremental credit in first half of the current fiscal, it said.Growth in…

After rising about 269 points to hit a fresh record high of 40,434.83, the Sensex was trading about 67 points up to 40,261.Share Market News Today | Sensex, Nifty, Share Prices LIVE: The headline Sensex receded from record highs in the…

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Chris Kempczinski, most recently president of McDonald’s USA, was named the company’s new CEO, effective immediately.McDonald’s Corp dismissed Chief Executive Steve Easterbrook over a recent consensual relationship with an employee,…

The finance ministry has effected upfront release of capital to PSBs, with Rs 60,314 crore being infused in banks in September 2019 through recapitalisation bonds, including Rs 4,557 crore in IDBI Bank.The finance ministry on Thursday…

JLR’s performance was strong, with the Ebitda margin at 13.8% (est. of 7.7%)—one of the highest in four years.Consolidated revenue declined ~9% y-o-y to ~Rs 654.3 bn (estimates of ~~Rs 632.2 bn) in Q2FY20. Ebitda grew ~8% y-o-y to ~~Rs…

This story has been updated with a more accurate count of Chinese consumers using social media to pay.…