Nasdaq-listed information technology services provider Cognizant has approached industry body Nasscom after Tata Consultancy Services (TCS), India's largest IT services company, started its campus recruitment process almost a week ahead of the industry's normal recruitment schedule.

According to sources at engineering institutes in Tamil Nadu, TCS and some other firms will start recruitment from September 1 this year. And, recruitment at some four or five colleges, including a couple of those in Puducherry, started from August 23-24.

Nothing shows more starkly the distortions that have vitiated the policy of reservations as the agitation by the financially and politically influential Patel community in Gujarat for inclusion in the backward-caste category to avail of the quota system in the allocation of government jobs and educational opportunities.

Reliance Jio Infocomm Ltd (RJIL), a subsidiary of Reliance Industries Ltd (RIL), has rolled out its 'Jionet' High Speed Wi-Fi Internet service at select locations in Bhubaneswar.

The service is available at four locations, including Odisha University of Agriculture & Technology (OUAT), Surya Nagar, Gopabandhu Chowk and Governor House Road, covering popular areas like Reliance Fresh Retail outlet, Gopabandhu market complex and ICICI Bank.

After repeatedly denying the dreaded outfit's presence within its territory, Pakistan on Saturday banned the Islamic State group, which has overrun vast stretches of Iraq and Syria.

The Islamic State or Daesh has been banned in Pakistan, an Interior Ministry official said today.

Mumbai Police has recovered the car used in the murder of Sheena Bora in April 2012, sources said.

The case probe took a fresh turn on Friday night when the police claimed that Sanjeev Khanna, the second husband of Indrani Mukerjea, had confessed to his complicity in the crime during a joint interrogation of the three accused. The Mumbai Police brought main accused in the Sheena Bora murder case, Indrani Mukerjea, to the Khar Police station for interrogation on Saturday.

Hinting at the fourth interest rate cut this year, RBI Governor Raghuram Rajan has said he is not done with lowering rates and the central problem for the entire world remains slowing economic growth.

Raghuram Rajan, who was participating in the elite Jackson Hole economic symposium of the Kansas City Federal Reserve, also said RBI has reached an agreement with the government on a new rate-setting panel, the Monetary Policy Committee, which would be announced soon.

HDFC Chairman Deepak Parekh on Friday cautioned against undercutting interest rates in order to gain market share, saying it's a dangerous proposition in the financial services sector.

If you want to take market share and undercut interest rate, it’s so sensitive that it can clean up the market. We cannot afford to be irrational and market share is not a gain in the financial services sector. It’s too dangerous, he said while launching the book ‘Your strategy needs a strategy’ authored by BCG Senior Partners Martin Reeves, Knut Haanaes and Janmejaya Sinha.

India will be able to double its power generation in the next seven years, Union Coal and Power Minister Piyush Goyal has said.

Very clearly, as we work to provide energy access to every citizen of India 24X7 and as we work to eliminate diesel-generated power, sadly we still have several thousands of crores of rupees (spent) on diesel-generated power, which is much more expensive. The cost is borne by the people of the country directly or indirectly, Goyal said during a programme organised by the BCC&I here.

Setting a new milestone in social media connectivity, one billion people from around the world logged on to Facebook in a single day, the highest ever, according to company founder Mark Zuckerberg.

We just passed an important milestone. For the first time ever, one billion people used Facebook in a single day, Zuckerberg posted on Facebook on Thursday.

Bank credit for State Bank of India (SBI), the country’s largest private sector lender, and its associates grew at a slower pace compared to peers.

According to Reserve Bank of India (RBI) data, gross bank credit in April-June for SBI and its associates grew 4.6 per cent compared to 11.3 per cent, in the year-ago period.

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