BENGALURU Indian hospitality startup Oyo Founder Ritesh Agarwal raised his stake in the company with a $2 billion buyback, in a move that will bring his ownership closer to biggest investor SoftBank Corp .
BENGALURU/MUMBAI Indian software services exporter Wipro Ltd reported a 13% rise in first-quarter profit thanks to robust demand from financial clients and said its main information technology business could show modest growth in the current quarter.
BENGALURU Indian hotel startup Oyo said on Tuesday it has bought local co-working venture Innov8, as the SoftBank-backed hospitality chain looks to venture into the commercial real estate business under the brand name Oyo Workspaces.
June 28 Indian shares were little changed on
Friday in the absence of market-moving news as risk-averse
investors waited for details of a key trade meeting between U.S.
President Donald Trump and Prime Minister Narendra Modi.
BENGALURU, June 21 Indian shares fell on Friday,
amid weakness in auto and real estate stocks, as uncertainty
around the U.S.-China trade negotiations and rising oil prices
outweighed investor euphoria around the U.S. Federal Reserve's
hints at future rate cuts.
BENGALURU The United States' plans to cap H1-B work visas, used by Indian IT firms to send employees there, would imply a "further crunch" for businesses to access skilled workforce, industry lobby group Nasscom said on Thursday.
BENGALURU, June 20 Indian shares recouped early
losses to trade higher on Thursday as gains in financial stocks,
following Fed's rate-cut hints, offset losses in IT counters
triggered by a report of U.S. move to cap H1-B work visas.
BENGALURU, June 19 Indian shares advanced on
Wednesday as hopes of easing policy stance by the U.S. Federal
Reserve pushed stocks higher, while resumption of trade talks
between Washington and Beijing also boosted sentiment.
BENGALURU, June 18 Indian shares edged higher on
Tuesday ahead of the U.S. Federal Reserve's two-day interest
rate meeting later in the day, while crude prices softened on
concerns around global growth.
BENGALURU, June 14 Indian shares edged lower on
Friday, tracking broader Asia, as investors fretted over a rally
in crude prices following tanker attacks in the Gulf of Oman on