Business

US stocks close mixed after earnings reports

Wed, 10/18/2017 - 06:28

New York, Oct 18 (IANS) US stocks ended mixed on Tuesday, with the Dow touching 23,000 for the first time during the session, as investors were sifting through a batch of corporate earnings reports.

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Nicco Corp under liquidation process: NCLT

Tue, 10/17/2017 - 22:12

Kolkata, Oct 17 (IANS) The Kolkata bench of the National Company Law Tribunal (NCLT) on Tuesday ordered liquidation proceedings against Nicco Corporation Ltd after its lenders voted against a resolution plan.

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Wipro net up 6%, revenue dips 2.5% in Q2

Tue, 10/17/2017 - 22:12

Bengaluru, Oct 17 (IANS) Software major Wipro on Tuesday reported a Rs 2,190 crore net profit for the second quarter (Q2) of fiscal 2017-18, posting 6 per cent annual growth from Rs 2,074 crore in the like period year ago and 5.3 per cent sequential growth from Rs 2,080 crore a quarter ago.

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CBEC to redistribute cases to clear appeals backlog

Tue, 10/17/2017 - 22:12

New Delhi, Oct 17 (IANS) In a move to reduce the pendency of cases, the Central Board of Excise and Customs (CBEC) has decided to allocate those pending with Principal Chief Commissioners to Commissioner rank officers within the department, an official statement said on Tuesday.

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Northern Frontier Railway increases berths by 36%

Tue, 10/17/2017 - 21:34

Kolkata, Oct 17 (IANS) In a bid to increase passenger services in northeast India, the Northeast Frontier Railway added 56 new coaches in 28 mail express trains in the current financial year, expanding the number of berths by 36 per cent, an official said on Tuesday.

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Wipro net up 6%, revenue dips 2.5% in Q2

Tue, 10/17/2017 - 20:54

Bengaluru, Oct 17 (IANS) Software major Wipro on Tuesday reported a Rs 2,190 crore net profit for the second quarter (Q2) of fiscal 2017-18, posting 6 per cent annual growth from Rs 2,074 crore in the like period a year ago and 5.3 per cent sequential growth from Rs 2,080 crore a quarter ago.

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Bahrain bank picks TCS software for treasury operations

Tue, 10/17/2017 - 20:26

Mumbai, Oct 17 (IANS) Indian IT bellwether Tata Consultancy Services (TCS) on Tuesday said BMB Investment Bank of Bahrain in the Gulf had selected its financial software product 'Bancs' for customer-driven treasury operations.

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India, Russia to increase cooperation in skill development

Tue, 10/17/2017 - 20:22

New Delhi, Oct 17 (IANS) India and Russia have agreed to increase cooperation in the area of skill development at the ongoing World Skills Abu Dhabi (WSAD) event in the UAE, industry chamber Ficci said on Tuesday.

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Botanical Garden as junction station ready for operations: DMRC

Tue, 10/17/2017 - 20:14

New Delhi, Oct 17 (IANS) The Botanical Garden metro station, transformed as the first interchange station of the National Capital Region, is ready for operations and awaiting clearance from the Metro Rail Safety Commissioner, the Delhi Metro said on Tuesday.

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