Unfazed by the recent upheavals at the board, Infosys will continue to hire about 6,000 engineers annually over next 1-2 years, same as last financial year, according to a top company official.

The country's second largest software services firm has also ramped up its hiring process in the US and European markets as it looks to tap opportunities and tide over visa- related issues.

PNB customers will have to shell out money beginning October if they carry out more than five transactions a month from the bank's ATMs.

At present, account holders of the country's second largest public sector bank can make any number of transactions in a month, financial or non-financial, at the bank's ATMs without attracting any charge.

The Good & Services Tax (GST), introduced by the central government from July 1, saw the country's richest sporting body, BCCI, pay in excess of Rs 44 lakh in taxes.

The BCCI's official website states that for the month of July, it paid Rs 44,29,516 in GST.

Tata Motors and its temporary workers at the Jamshedpur plant who were on a strike since Tuesday today agreed to end the four-day impasse.

The ice-breaker came in after the unions agreed to the management offer to take 200 of the over 4,500 temporary workers on to the rolls annually. At the reconciliation meeting held yesterday, the workers had turned down instead asked for upgrade of at least 500 workers annually.

New Delhi, Sept. 8: Maruti Suzuki India, the country's largest car maker, is likely to set up its fourth production line at the company's Gujarat plant, chairman R. C. Bhargava today said.

The new production line, which plans to produce 2.5 lakh units per annum, will take the plant's total capacity to a million units.

New Delhi: Madhya Pradesh, India’s second largest state, has appealed to the country’s top court to quash a Goldman Sachs-backed solar project, highlighting the challenges faced by solar companies looking to expand in Asia’s third largest economy.

Madhya Pradesh’s attempts to scrap the agreement with ReNew Power over the 51 megawatts (MW) project, citing land acquisition delays, were thrown out by a state court.

The recommendations of the inter-ministerial group (IMG) on telecom seem to have run into some legal complications. The Telecom Commission (TC) headed by its chairperson and department of telecommunications secretary Aruna Sundararajan, which met on Friday to discuss the report, decided to send it back to the panel seeking clarifications on certain issues. Sources said that the IMG is expected to provide the clarifications in two weeks after which the TC would meet again to deliberate on it.

Punjab National Bank and state-run firm BSNL today teamed up to roll out open mobile wallet Speedpay across 10 states in the country. PNB’s Speedway wallet will operate like any other mobile wallet for paying bills, recharging phone besides its users will be able to deposit and withdraw money from authorised retail outlets. Also, Speedway users will be able to operate Internet banking services from the application. “India is now second largest market in the world with 120 crore mobile users. Congratulating BSNL, Punjab National Bank and the technology partners in helping India moving towards less cash economy,” Telecom minister Manoj Sinha said at an event to mark the agreement signing ceremony between BSNL and PNB.

With over 500 of its pilots and cabin crew coming under the DGCA scanner for skipping mandatory alcohol tests, Air India has told the regulator that there has been no violation even as a pilots’ grouping has threatened to go on protest if any action is taken. The DGCA has found 132 pilots and 434 cabin crew of Air India to have allegedly skipped the mandatory pre- and post- flight alcohol test this year and they face the prospect of being grounded. Air India pilots’ union ICPA has threatened to go on protest against a senior official at the DGCA if the airline staff are suspended.

The top management of Infosys claimed that it has received positive reassurance from the client community during its massive outreach initiative in light of dramatic exit of CEO Vishal Sikka and co-founder Nandan Nilekani coming back as chairman last month. “The feedback from our clients has been positive and we have not seen anything unusual. We are now very much focused on execution,” Infosys interim CEO U B Pravin Rao said during the Citi Global Technology Conference 2017 held in New York on Thursday.

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