Two IT firm employees arrested for source code theft

Last Updated: Tuesday, August 11, 2015, 15:03

The Cyber crime branch has arrested two employees of a Gurgaon-based software company over allegations of source code theft.

Conclude NSEL-FTIL merger process by Oct 31: HC to Ministry

Last Updated: Friday, August 7, 2015, 21:44

The Bombay High Court Friday directed the Union Ministry of Corporate Affairs to complete by October 31 the process of passing final order on the proposed merger of National Spot Exchange of India with Financial Technologies (India) Ltd (FTIL).

Intex Cloud 4G Star smartphone launched; priced at Rs 7,299

Last Updated: Wednesday, August 5, 2015, 21:34

Domestic handset manufacturer Intex on Wednesday launched a new 4G-enabled smartphone in an exclusive partnership with Flipkart at a price of Rs 7,299.

HCL Tech shares dip 6%; mcap down by Rs 8,322 cr post earnings

Last Updated: Monday, August 3, 2015, 17:13

Shares of HCL Technologies Monday ended 6 percent lower, wiping out Rs 8,322 crore from its market valuation, after the company posted 2.8 percent fall in consolidated net profit for June 2015 quarter.

HCL Tech Q4 net slips 2.8% to Rs 1,783 crore

Last Updated: Monday, August 3, 2015, 17:04

HCL Technologies Monday posted 2.8 percent fall in consolidated net profit at Rs 1,783 crore for June 2015 quarter on account of higher selling, general and administrative (SG&A) expenses.

HCL net profit up 14% in fiscal 2014-15

Last Updated: Monday, August 3, 2015, 11:40

In a regulatory filing to the Bombay Stock Exchange (BSE), the outsourcing firm said revenue for the fiscal increased 12.6 percent YoY to Rs 37,061 crore.

Uber to invest $1 billion in India in next 9 months

Last Updated: Friday, July 31, 2015, 08:27

"Uber has grown exponentially in India, a global priority market for us, which has also quickly become the largest market geographically for Uber outside the U.S.," Amit Jain, President of Uber India said in a statement.

Huawei says smartphone shipments jumped 39% in first half

Last Updated: Wednesday, July 22, 2015, 08:43

China`s Huawei Technologies Co Ltd, the world`s fourth-biggest smartphone manufacturer, on Wednesday said it shipped 48.2 million smartphones globally in the first half of 2015, a 39 percent rise from a year before.

IBM, United Tech drag Dow; Apple results weigh on futures

Last Updated: Wednesday, July 22, 2015, 06:25

U.S. stocks closed lower on Tuesday as results from IBM and United Technologies dampened early optimism over earnings season and after-the-bell declines in major tech shares suggested losses would continue on Wednesday.