i-flex solutions, a firm providing solutions to the financial sector, has changed its name to Oracle Financial Services Ltd, as per the announcement made on Friday.The board of directors of i-flex solutions Ltd at its meeting here on Friday, approved the proposal to change the name.
Top company officials said the change in name will come [...]

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Faced with the prospects of rising global crude oil prices and its inability to match the fuel price offered by state-run oil marketing companies (OMCs), Reliance Industries Limited (RIL) is understood to have decided to shut down 900 petrol pumps.The company has set up 1,400 pumps across the country.
The company has been faced with the [...]

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On Mar. 2, after Sir Richard Branson gratified the local media with his antics—he scaled the face of the Hilton Towers in Mumbai—the Virgin Group founder climbed down to announce his biggest move in India yet. He has become a franchisee of Tata Teleservices, a domestic telecom player providing CDMA cellular services. This [...]

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Making a case for a robust rupee, the US said currency value should reflect the economic fundamentals, which has been good in the case of India.
“I am strongly committed to a stronger dollar, which is the intent in the US,” visiting US Treasury Secretary Henry Paulson said in a question and answer session at the [...]

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Mukesh Ambani became the world’s richest man surpassing American software czar Bill Gates, Mexican business tycoon Carlos Slim Helu and investment guru Warren Buffett.
Following a strong share price rally in his three group companies- Reliance Industries, Reliance Petroleum and Reliance Industrial
Infrastructure, the net worth of Mukesh Ambani rose to $63.2 billion or Rs 2,49,108 crore.
In [...]

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Infosys Technologies on Wednesday signed a multi-million dollar outsourcing contract with Netherlands’ Royal Philips Electronics. As part of the agreement, Philips will enter into a multi-year contract with Infosys BPO to provide finance & accounting services and the processing of purchasing orders.
Infosys will also acquire three shared service centers located in India, [...]

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