blue chip company

Infosys on course correction to spur growth: Kamath


June 9th, 2012 - 11:09 pm ICT by IANS
Bangalore, June 9 (IANS) India's IT bellwether Infosys Ltd. is on a course correction to align with the paradigm shift in technology business to products and platforms from services business, ... Read more...

Posted in Business |

Infosys declares 440 percent final dividend


April 13th, 2012 - 12:09 pm ICT by IANS
Bangalore, April 13 (IANS) IT giant Infosys Ltd Friday declared a final dividend of Rs.22 per share for fiscal 2011-12, which is 440 percent over its par value of Rs.5 ... Read more...

Posted in Business |

Laid-off Nepal workers follow in Hazare’s shoes


September 6th, 2011 - 4:46 pm ICT by IANS
Kathmandu, Sep 6 (IANS) Scores of militant workers, whose hostilities forced ITC's joint venture in Nepal to shut down its state-of-the-art garments factory in the Terai plains last month, ... Read more...

Posted in World |

ITC’s Nepal subsidiary closes garment unit


August 17th, 2011 - 3:11 pm ICT by IANS
Kathmandu, Aug 17 (IANS) Nepal's biggest tax-paying company Surya Nepal, in which Indian multi-product group ITC holds 59 percent stake, has decided to shut down its garments factory following prolonged ... Read more...

Posted in Business |

Infosys beats guidance but stock dips on muted earnings


July 12th, 2011 - 9:59 pm ICT by IANS
Mysore (Karnataka), July 12 (IANS) Though India's second largest IT bellwether Infosys Ltd beat its revenue forecast by 1.8 percent for the April-June first quarter of the 2011-12 fiscal, its ... Read more...

Posted in Business |

Murthy unhappy over US probe on B-1 visa issue


June 11th, 2011 - 7:49 pm ICT by IANS
Bangalore, June 11 (IANS) Infosys' outgoing chairman and chief mentor N.R. Narayana Murthy Saturday expressed disappointment over a US court issuing a legal notice to the IT bellwether on its ... Read more...

Posted in Business |

Murthy turns nostalgic at his last Infosys AGM


June 11th, 2011 - 6:40 pm ICT by IANS
Bangalore, June 11 (IANS) Indian IT bellwether Infosys' founding chairman and chief mentor N.R. Narayana Murthy turned nostalgic Saturday as he presided for the last time over the blue ... Read more...

Posted in Business |

First weekly loss of Sensex this year, sheds 694 points (Weekly market review)


January 23rd, 2010 - 2:25 pm ICT by IANS
Mumbai, Jan 23 (IANS) A benchmark index of Indian equities lost 694 points this week, ending the week in red for the first time this year with domestic and foreign traders ... Read more...

Posted in Business |

Murthy’s wife sells 2 mn Infosys shares for Rs.4.3 bn (Lead)


November 5th, 2009 - 10:51 pm ICT by IANS
Bangalore, Nov 5 (IANS) Sudha Murthy, wife of Infosys' Technologies co-founder N.R. Narayana Murthy, sold two million shares of her holding in the IT bellwether for over Rs.430 crore (Rs.4.3 billion/$91.5 million), ... Read more...

Posted in Business |

Murthy’s wife sells 1.6 mn Infosys shares for Rs.4.3 bn


November 5th, 2009 - 8:50 pm ICT by IANS
Bangalore, Nov 5 (IANS) Sudha Murthy, wife of Infosys Technologies co-founder N.R. Narayana Murthy, sold 1.6 million shares of her holding in the IT bellwether for over Rs.430 crore (Rs.4.3 billion/$91.5 million), ... Read more...

Posted in Business |

Murthy sells Infosys shares to fund young entrepreneurs (Lead)


October 22nd, 2009 - 9:47 pm ICT by IANS
Bangalore, Oct 22 (IANS) Infosys Technologies chief mentor and chairman N.R. Narayana Murthy has sold 800,000 shares, valued at Rs.177 crore (Rs.1.77 billion/$37.9 million), from his holding in the company to fund ... Read more...

Posted in Business |

Murthy sells Infosys shares to float venture fund


October 22nd, 2009 - 8:14 pm ICT by IANS
Bangalore, Oct 22 (IANS) Infosys Technologies chief mentor and chairman N.R. Narayana Murthy has sold 800,000 shares from his holding in the IT bellwether to set up a venture capital fund, the ... Read more...

Posted in Business |

Markets yield early gains around noon (Lead)


June 26th, 2009 - 1:34 pm ICT by IANS
Mumbai, June 26 (IANS) Indian equities markets gave up some of the gains from the morning session a little before Friday noon, with a key index which had risen more than ... Read more...

Posted in Business |

ITC’s Nepal arm re-opens, fresh trouble at Dabur


December 17th, 2008 - 5:27 pm ICT by IANS
Kathmandu, Dec 17 (IANS) After remaining closed for five days, tobacco, hospitality and paper major ITC's Nepal joint venture Surya Nepal resumed production at its tobacco factory Tuesday in southern Nepal even ... Read more...

Posted in South Asia |

Reliance close to Terai highway deal in Nepal


August 15th, 2008 - 4:19 pm ICT by IANS
Kathmandu, Aug 15 (IANS) After its failure to penetrate Nepal's thorny hydropower sector, Indian blue chip company Reliance is now edging close to sealing a major construction deal in the Himalayan republic. ... Read more...

Posted in Business |

Nepal protesters demand compensation for slain ITC worker


June 21st, 2008 - 7:40 pm ICT by IANS
By Sudeshna Sarkar Kathmandu, June 21 (IANS) Agitated workers at Indian firm ITC's tobacco factory in Nepal, who went on strike from Thursday and blocked the highway to protest against the murder of ... Read more...

Posted in Business |

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