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US rejects Exxon Mobil Corporation’s bid to bypass sanctions on Russia

The US Treasury Department said on Friday it will not issue drilling waiver to Exxon Mobil Corporation to work with a Russian state oil company as pro... Read More

HDFC Bank’s Q4 net profit up 18% 

HDFC Bank on Friday reported a rise of 18.25 per cent in its standalone net profit for the fourth quarter (Q4) of 2016-17. The company's net profit... Read More

Wipro sacks hundreds of techies for non-performance

Global software major Wipro "sacked" at least 600-700 employees in fiscal 2016-17, ostensibly for non-performance or not rising to its expectations, s... Read More

Rolls-Royce opens defence engineering centre at Bengaluru

British engine major Rolls-Royce on Thursday opened a defence Service Delivery Centre (SDC) to offer localised engineering support to Indian forces, s... Read More

NALCO offer of sale oversubscribed over three times

State-run National Aluminium Company offer for sale (OFS), got overwhelming response from investors with the retail portion subscribed 3.17 times on t... Read More