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IT major Wipro to discontinue its PC manufacturing business

Wipro Ltd., India's third largest IT major, has announced its plans to discontinue its PC manufacturing business, one of the foremost IT businesses of the company. The company's hardware division not catering to end consumers directly manufactures personal computers for different ...

HCL Infosystems denies stake sale; shares tank 10%

Shares of the HCL Infosystems tanked on Wednesday after the company denied a report of stake sale and said that they have no intention of selling their stake in the Company at any time in foreseeable future. The Promoter, HCL ...

HCL in talks to buy DLF's stake in insurance business

HCL Group, controlled by Shiv Nadar, is in discussions with real estate giant DLF to acquire stake in DLF Pramerica Life Insurance Company, reports Economic Times. According to the media the deal could be worth Rs 450 crore and the entire ...