Firms/companies
![Infosys opens design and innovation studio in London Infosys opens design and innovation studio in London](/companies/companies_I/Infosys/images/infosys_sep_sm_domain-b.jpg)
Infosys opens design and innovation studio in London
12 Jun 2019
The new Experience Design and Innovation Studio in Shoreditch, London expands Infosys’ global network of digital studios that focus on customer-centric experiences to bring together the best design, innovation, AI and emerging technologies
![TCS pips IBM with market cap of over $120 billion TCS pips IBM with market cap of over $120 billion](/companies/companies_t/tcs/images/tcs_jun_sm_domain-b.jpg)
TCS pips IBM with market cap of over $120 billion
11 Jun 2019
At close of trading on Monday, TCS had a market capitalisation of $120.5 billion (Rs8.37 lakh crore), while in early New York trade, IBM was at $119.6 billion (Rs8.32 lakh crore), stock market data showed
![Anil Ambani claims his group paid Rs35,000 cr to lenders in 14 months Anil Ambani claims his group paid Rs35,000 cr to lenders in 14 months](/companies/companies_r/Reliance_Industries/images/anil_ambani_nov_sm_domain-b.jpg)
Anil Ambani claims his group paid Rs35,000 cr to lenders in 14 months
11 Jun 2019
Ambani said the repayments were made in the face of heavy odds as regulatory bodies and courts are yet to pass final orders on claims aggregating to over Rs30,000 crore that are due for more than 5-10 years to various group companies
![Raytheon to merge United Technologies to form a $120 bn giant Raytheon to merge United Technologies to form a $120 bn giant](/companies/companies_r/raytheon/images/airbus_jun_sm_domain-b.jpg)
Raytheon to merge United Technologies to form a $120 bn giant
10 Jun 2019
United Technologies provides primarily commercial plane makers with electronics, communications and other equipment, whereas Raytheon mainly supplies the US government with military aircraft and missile equipment
![CCI gives conditional nod for Schneider’s acquisition of L&T unit CCI gives conditional nod for Schneider’s acquisition of L&T unit](/companies/companies_l/Larsen/images/schneider_jun_sm_domain-b.jpg)
CCI gives conditional nod for Schneider’s acquisition of L&T unit
07 Jun 2019
CCI has approved Schneider Electric’s acquisition of the electrical and automation business of Larsen & Toubro Limited on condition that the acquirers reserve a part of L&T’s installed capacity to offer white labelling services to third party competitors
![French govt stance derails Fiat-Renault merger plan French govt stance derails Fiat-Renault merger plan](/companies/companies_f/fiat_chrysler/images/fiat_renault_may_sm_domain-b.jpg)
French govt stance derails Fiat-Renault merger plan
07 Jun 2019
Fiat Chrysler cited political reasons to call off the proposal to merge with Renault, but did not say anything on the French government stance
L&T raises equity holding in Mindtree to 28.90%
07 Jun 2019
![RBI removes charges on RTGS/NEFT transactions in digital push RBI removes charges on RTGS/NEFT transactions in digital push](/finance/banks/RBI/images/currency_bundle_oct_sm_domain-b.jpg)
RBI removes charges on RTGS/NEFT transactions in digital push
07 Jun 2019
While the charges for NEFT are in the range of Re1 to Rs5, and that for RTGS are between Rs5 and Rs50, the move is expected to attract more participants
![Wipro chairman Azim Premji to bow out, son Rishad to take over Wipro chairman Azim Premji to bow out, son Rishad to take over](/companies/companies_w/Wipro/images/azim_premji_14_mar_sm_domain-b.jpg)
Wipro chairman Azim Premji to bow out, son Rishad to take over
06 Jun 2019
“As I look into the future, I plan to devote more time to focus on our philanthropic activities,” Azim Premji said, adding that he has great confidence and trust in Rishad's leadership to steer Wipro in its next phase of growth
![RBI cuts interest rate by a further 25 bps to 5.75% RBI cuts interest rate by a further 25 bps to 5.75%](/finance/banks/RBI/images/rbi_tower_oct_sm_domain-b.jpg)
RBI cuts interest rate by a further 25 bps to 5.75%
06 Jun 2019
The MPC also decided to change the stance of monetary policy from neutral to accommodative to support growth, while sticking to the medium-term target for consumer price inflation of 4 per cent within a band of (+/-) 2 per cent
![OBC, Indian Bank and Corp Bank to combine in third PSB merger: report OBC, Indian Bank and Corp Bank to combine in third PSB merger: report](/finance/banks/Oriental_Bank/images/oic_bank_jun_sm_domain-b.jpg)
OBC, Indian Bank and Corp Bank to combine in third PSB merger: report
06 Jun 2019
Once the merger goes through, the new entity will have combined deposits estimated at Rs6,60,000 crore and advances of Rs4,80,000 crore
Mahindra to make its entire diesel fleet BS-VI compliant
04 Jun 2019
While the Mahindra XUV300 and the Marrazo are already BS-VI compliant, the company will upgrade its other models, including the XUV500, Scorpio, Thar, Bolero, TUV 300, to BS-VI norms while discontinuing the KUV100
![RBI panel suggests deepening the digital payments ecosystem RBI panel suggests deepening the digital payments ecosystem](/finance/banks/RBI/images/nandan_nilekani_jun_sm_domain-b.jpg)
RBI panel suggests deepening the digital payments ecosystem
04 Jun 2019
The committee, headed by Nandan Nilekani, has suggested that the government take the lead in digitisation of payments besides an increased focus on low value high volume low-cost transactions to achieve a ten-fold increase in digital payment volumes
![Sivasankaran again as SFIO finds IFIN violated RBI rules Sivasankaran again as SFIO finds IFIN violated RBI rules](/companies/companies_I/il_fs_investment_managers/images/sivasankaran_jun_sm_domain-b.jpg)
Sivasankaran again as SFIO finds IFIN violated RBI rules
04 Jun 2019
IFIN is reported to have even lent Rs125 crore to beleaguered Unitech Group, to help it repay dues of around Rs80 crore to Sivasankaran
Coal India Q4 net vaults over 360% to Rs6,026 cr
03 Jun 2019
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India’s Millet Revolution To Enrich Global Food Basket
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