Kotak Mahindra Bank’s net profit jumped 37 per cent to Rs 465 crore.

Kotak Mahindra Bank’s net profit for the three-month ended December 31, 2014 jumped 37 per cent to Rs 465 crore driven by robust other income and lower provisions during the quarter.During the quarter, on account of write-back of Rs 56 crore, provisions dipped substantially to Rs 30 crore from Rs 70 in the third quarter last year.

Infosys CEO Vishal Sikka gifted 3,000 Apple iPhone 6 handsets to 3,000 top performing employees as a token of appreciation.

Infosys CEO Vishal Sikka gifted 3,000 Apple iPhone 6 handsets to 3,000 top performing employees as a token of appreciation.

Earlier, Infosys had reported a 13 percent rise in its net profit for the third quarter ended December 31, 2014 at Rs 3250 crore against consensus estimates of Rs 3,153 crore as it won more outsourcing contracts from Western clients.