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Infosys appoints Salil S Parekh as CEO, Managing Director

December 02, 2017

MUMBAI: Infosys, India's number two IT services company, said on Saturday it had named Salil S Parekh, an executive at consultancy firm Capgemini, as its next chief executive officer and managing director. Parekh has been appointed for a five-year term effective January 2, according to an Infosys filing to exchanges. Infosys interim CEO Pravin Ra...


Markets open in red

November 10, 2017

MUMBAI: Key Indian equity market indices opened in the red on Friday ahead of the crucial Goods and Services Tax Council meet. The 30-scrip Sensitive Index (Sensex) was trading 67.70 points or 0.20 per cent lower during the early session. The wider 51-scrip Nifty of the National Stock Exchange (NSE) was also trading 11.20 points or 0.11 per cent...


Markets Open: Positive global cues lift Indian equity markets

November 07, 2017

MUMBAI: Broadly positive global cues, along with healthy buying support for the capital goods and IT sectors pushed the key indices of the Indian equity markets higher during the morning trade session on Tuesday. At 9.30 a.m. the barometer 30-scrip Sensitive Index (Sensex) traded 73.96 points or 0.22 % higher. The wider 50-scrip Nifty of the Nati...


Google likely to launch payment app 'Tez' in India

September 14, 2017

New Delhi: Joining the digital payment bandwagon in India, Google is reportedly launching a Unified Payments Interface (UPI)-based digital payment service called "Tez" as early as next week. According to, on September 18, "Google, Alphabet Inc's subsidiary, will make an entry into India's fast growing and super competitive digital paym...