Tech Mahindra sees weak revenue, earnings in Apr-Jun quarter

Last Updated: Monday, June 29, 2015, 16:04

IT firm Tech Mahindra on Monday warned of weak revenue and earnings in the April-June quarter due to higher visa costs and other headwinds, dragging the company shares by over 9 percent.

Tech Mahindra shares hit over one-year low on Q1 warning

Last Updated: Monday, June 29, 2015, 13:53

Shares of Tech Mahindra Ltd dropped almost 7 percent to a more than one-year low on Monday after the IT firm warned of a weak first quarter, partly due to higher U.S. visa sponsorship costs for its employees.

HSBC ends sponsorship of key emerging market indexes

Last Updated: Friday, June 26, 2015, 23:32

Banking giant HSBC has ended its five-year sponsorship of a closely watched series of business activity surveys, financial research group Markit, which compiles the data, said Friday.

Sahara out, Star India the new sponsor of Team India

Last Updated: Tuesday, December 10, 2013, 04:24

Star India Pvt. Ltd. on Monday was awarded the team sponsorship rights of the Indian team for a period of three years after Sahara`s bid was declared ineligible by the BCCI.

BCCI happy with price it got for series title sponsorship

Last Updated: Thursday, October 3, 2013, 18:42

There was just one bidder in fray and the sponsorship rights went for the base price but the BCCI on Thursday said it was happy with the deal it struck with Star India Pvt Ltd and ESPN for all 13 home international fixtures till March 2014 considering the difficult economic times.

BCCI invites bids for sponsorship rights

Last Updated: Thursday, September 19, 2013, 16:14

The Indian Cricket Board on Friday invited bids for the title sponsorship rights of BCCI`s international and domestic matches after telecom giant Airtel decided not to renew its contract.

Airtel not to renew sponsorship contract with BCCI

Last Updated: Wednesday, September 18, 2013, 22:21

Telecom major Airtel has decided against renewing the title sponsorship contract with the BCCI for India`s international matches at home leading to BCCI calling a marketing committee meeting here on Thursday.

Kuwait to scrap sponsorship system for hiring labour

Last Updated: Thursday, June 20, 2013, 13:49

Kuwait is likely to scrap the sponsorship system for hiring labour force in the private sector, including the recruitment of expatriate workers, to fight visa trafficking, a media report said on Thursday.

Indonesia`s tyre makers to sponsor Manchester United

Last Updated: Tuesday, January 8, 2013, 17:00

Indonesia`s leading tyre manufacturer, PT Multistrada Arah Sarana Tbk, has signed a sponsorship deal with England`s top football club Manchester United.

We have not thought of pulling out of Olympics: Maken

Last Updated: Wednesday, March 21, 2012, 18:54

Union Sports Minister Ajay Maken Wednesday said his ministry had never thought of pulling Indian athletes out of the 2012 London Olympics over Dow Chemicals` sponsorship of the Games, though it is in constant touch with the International Olympic Committee (IOC) on the issue keeping in mind the Bhopal gas victims.

`Dow`s Olympics sponsorship process a sham`?

Last Updated: Tuesday, February 21, 2012, 20:58

British Parliamentraian Barry Gardiner on Tuesday termed the process that led to the appointment of Dow Chemical Company as a sponsor for the wrap of the main 2012 Olympics stadium a "sham".