Infosys, the second largest information technology (IT) services firm in the country, will maintain its annual campus hiring at 20,000 this year, but is looking at engineers with new skills such as digital and analytics.

IT firms in the country have witnessed technology and business shifts in the past few years. Clients are now spending more on digital, Cloud and analytics. Maintenance and testing — services usually performed by freshers — are also getting automated.

Riding on the tailwinds of global cues and domestic buying, gold prices increased by Rs 160 to Rs 28,760 per 10 grams today.

Silver too was back on the top of the Rs 39,000 level as it surged Rs 400 to Rs 39,300 per kg, spurred by higher buying by industrial units and coin makers.

Market regulator Securities and Exchange Board of India (Sebi) has initiated adjudication proceedings against credit rating agencies Crisil and CARE ratings over suspension of rating in the case of beleaguered Amtek Auto. This is the first time Sebi is taking up the matter against the credit rating agency.

Crisil, Icra and CARE are among the major agencies that assign credit ratings to issuers of debt instruments.

Forbes magazine has named Reliance Industries (RIL) Chairman Mukesh Ambani as the topmost among its Global Game Changers who are transforming their industries and changing the lives of billions around the world.

Ambani features at the top of the Forbes' second annual Global Game Changers' list of 25 "intrepid business leaders unsatisfied with the status quo" who are "transforming their industries and changing the lives of billions of people around the globe."

A day after the Income Tax Department conducted raids in 22 places in New Delhi and adjoining areas in connection with alleged benami land deals linked to Rashtriya Janata Dal (RJD) chief Lalu Prasad, his daughrer and two sons, a clash broke out between workers of the RJD and the BJP in Patna on Wednesday.

The All India Muslim Personal Law Board (AIMPLB) on Wednesday told the Supreme Court that marriage in the Muslim community is a contract and in order to protect their interests, they can put special emphasis on certain clauses in nikahnama.

ICICI Bank, Hindustan Unilever, State Bank of India (SBI), JBF Industries, Sintex Industries, Ceat and Finolex Industries are among 34 stocks from the S&P BSE500 index that hit their respective 52-week highs in otherwise range-bound market.

Bajaj Finance, Adani Transmission, DLF, Engineers India, Godrej Industries, Uflex, JSW Steel, Monsanto India, Sobha and Motilal Oswal Financial Services were also trading at their 52-week highs on BSE in intra-day trade.

Maruti Suzuki today launched the new Dzire sedan, a lighter and more fuel efficient vehicle at Rs 5.45 lakh onwards (ex showroom, Delhi). The petrol variant begins at Rs 5.45 lakh and goes up to Rs 8.41 lakh. Diesel variant begins at Rs 6.45 lakh and goes up to Rs 9.41 lakh. Maruti spent Rs 1,000 crore to develop the new Dzire.

First launched in 2008, Dzire happens to be Maruti’s second most sold car (after the Alto) and brings 14 per cent of the company’s domestic sales. Dzire also is the largest selling compact sedan in the country accounting for half of the segment volumes.

Documents reviewed by Business Standard show that the Modi administration has been aggressively pumping money in a bid to resuscitate Air India’s fortunes. From August 2014, a couple of months after the Narendra Modi led National Democratic Alliance (NDA) government assumed power, till March 2017, Rs 16822 crore have been infused into Air India from tax payer’s money. The first tranche of Rs 2000 crore was received by Air India in August 2014. Subsequently, six more payments totaling Rs 1947 crore were made from September 2014 to February 2015.

Tech giant IBM on Wednesday clarified that the company is not firing 5,000 employees and the media reports regarding the same were factually incorrect.

Business Standard on Tuesday had said the the company was laying off 5,000 employees in India, joining the league of Cognizant, Infosys and Wipro in pruning staff as the IT sector faces technology shifts towards automation, and from manning legacy system to digital and cloud..

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