Big four IT companies may not be able to meet Nasscom's growth target for FY16, and the industry may just be able to meet the lower end of the guidance even as a tough second half looms. The growth guidance of 12-14% will now depend on captives a

Jasper Infotech, which operates online marketplace Snapdeal, is in talks with existing and new investors to raise about $300 million (Rs 2,000 crore) for its digital services platform FreeCharge, two people aware of the development have said. The

India Ratings today said it expects the rupee to appreciate to the 64.5 level this week on expectations of a rally in the emerging market currencies. "We expect a 'risk-on' rally globally to support emerging market currencies this week.

Amazon Senior Vice President and CFO Brian T Olsavsky said the US-based company has seen sales quadruple during the festive season (pre-Diwali sales) compared to last year.