India's second largest software services company Infosys said its CEO Salil Parekh will receive an annual performance equity grant worth Rs 13 crore. Parekh had joined the Bengaluru-based company in January this year after a protracted stand-o

Tata Motors today said that it will sell its non-core defence business to an entity promoted by the parent Tata Sons for over Rs 725 crore. The asset sale to Tata Advanced Systems (TASL) was approved by the board and includes getting Rs 100 crore for

Ahead of its mega deal with Walmart, reportedly in its final stages, ecommerce leader Flipkart is busy getting its house in order to ensure that things move more smoothly. The company has set aside $400 million to buy back shares from small investors

Media firm NDTV has sold 7.38 per cent stake in subsidiary Red Pixels Ventures to A R Chadha And Co, the landlord of its office premises in the national capital, to meet working capital requirements and pay outstanding rent. "The board of dir