Consolidated net profit fell 2.16 percent sequentially to Rs 3,030 crore and revenue rose 7 percent to Rs 14,354 crore in the quarter ended June.
N Chandrasekaran, TCS CEO and MD and Alti's founders on Wednesday signed the final agreement to commence the integration of Alti into TCS' operations in France. During the ceremony TCS also announced plans to set up a new SAP Innovation Centre in France.
In yet another twist in the Yes Bank family feud, the bank's CEO and MD, Rana Kapoor had written a letter to Reserve Bank of India (RBI) in 2012 seeking declassification of Madhu Kapur who is the wife of late Ashok Kapur as a co-founder.
Infosys shares plunged over 13% on Friday to a seven-month low as investors gave big thumbs down to the technology bellwether's much lower-than-expected guidance for fiscal 2013.
By Rajesh Sud, CEO and MD, Max New York Life Insurance
Rajiv Agarwal, CEO and MD of Essar Shipping, in an interview with CNBC-TV18’s Latha Venkatesh and Gautam Broker, spoke about the recent happenings in the company and the road ahead.
IT space is likely to post double digit growth, says Nitin Rakesh, CEO and MD, Motilal Oswal Asset Management Company.