Apple bringing 4000 new jobs to India
Apple bringing new jobs to India


Apple bringing new jobs to India: In what seems to be potential good news for techies, smartphone giant Apple Inc., which is an American multinational technology may soon bring 4,000 new jobs to India. An official, who works at the US tech giant, told news agency PTI that the company is developing features for Indian

Tata Steel announces successful $1.3 bn dual tranche bond offering Tata Steel announces successful $1.3 bn dual tranche bond offering

Tata Steel announces successful dual tranche bond offering: Mumbai, ( Jan 19) Tata Steel on Friday said its wholly own subsidiary incorporated in Singapore, Abja Investment Co Pte Ltd, has successfully issued dual tranche of $1.3 billion of unsecured bonds in the international markets.The issue comprises $300 million 4.45 per cent unsecured bonds due on

E-way bill to be implemented on trial basis from Feb 1 E-way bill to be implemented on trial basis from Feb 1

E-way bill trial: Union Finance Minister Arun Jaitley on Thursday said that the 25th Goods and Services Tax (GST) Council meeting discussed the implementation of the e-way bill. Jaitley said that the implementation of e-way bill will start from February 1, with 15 states agreeing to implement it on a trial basis. Certain modifications are being made

deregister 1.2L companies Centre to deregister 1.2L companies to curb black money

In a bid to curb black money menace, the government announced its decision to strike off the names of 1.2 lakh more companies from the official records for various non-compliances. The decision comes in the backdrop of a review meeting of the action taken with respect to de-registered firms last week.As per an official release, the

Snapdeal HDFC Bank Snapdeal HDFC Bank credit card crosses 1.5 lakh users

Snapdeal, India’s leading online marketplace, on Tuesday announced that its co-branded credit card with HDFC Banknow has more than 1.5 lakh users. The Snapdeal HDFC Bank credit card was launched in August 2016. In 2017, more than one lakh cards were issued to online shoppers. This is the only credit card by any ecommerce player in India.Throughout the year, users of

Patanjali's entry
Patanjali’s entry in the online market

Patanjali’s entry: Baba Ramdev, who became a businessman from Yog guru, has now entered into e-commerce with bombshell entry. He has tied up with major e-retailers Amazon and Flipkart to sell Patanjali’s products online. On Tuesday, the agreement between Baba Ramdev and these companies was signed in New Delhi. Baba Ramdev opposed FDI in retail

Air India to be split into four before sale: Aviation Minister Sinha
Air India to be split into four before sale: Aviation Minister Sinha

Air India to be split into four before sale: Aviation Minister Sinha :The government seems to have changed its earlier stance of not selling the entities of India’s national carrier Air India separately as it now wants to split the company into four different verticals for its sale in December this year. In a relief

TechnipFMC India
TechnipFMC India sponsors Jaipur foot camps in partnership with Rotary Club

TechnipFMC India collaborated with the Rotary Club of Mumbai Sion Dist. 3141 to organise on-the-spot limb/caliper fitment camps in Mumbai to distribute prosthetics or artificial limbs, calipers and other physical aids and appliances at free of cost. The first such camp sponsored by Technip India was held at Dadar on December 28. Approximately 300 physically challenged individuals visited the

Pramod Agarwal is President of GJEPC
Pramod Agarwal is President of GJEPC

GJEPC President: New Delhi, The Gem and Jewellery Export Promotion Council (GJEPC) on Monday said Pramod Kumar Agarwal has been elected its Chairman for 2018-20.Also Colin Shah has been elected the Vice Chairman.Agarwal has more than 30 years of experience in the gem and jewellery industry. He was the regional chairman of GJEPC, Rajasthan Region, before

Union Budget 2018
What women expect from Union Budget 2018

As the announcement of the Union Budget 2018 is just around the corner, women are expecting more funds to be allocated for the women security. Keeping in view the considerable increase in the number of crime against women, a housewife from Nagpur said that it is important for the government to become more sensitive towards women protection.“In the previous budget, the government announced the Nirbhaya funds for

Quarterly results to influence equity market's movement
Quarterly results to influence equity market’s movement

Quarterly results to influence equity market’s movement: Mumbai, The ongoing earnings result season, along with macro-economic inflation and trade data points, are expected to influence the Indian equity market next week.Market observers opined that global crude oil prices and the rupee’s movement against the US dollar will act as other major triggers.”Markets next week will continue

IDFC Bank announces merger with Capital First
IDFC Bank announces merger with Capital First

IDFC Bank announces merger with Capital First: Mumbai, IDFC Bank on Saturday announced its merger with non-banking financial company Capital First.”The Board of Directors of IDFC Bank Ltd… have considered and approved a composite scheme of amalgamation of Capital First Ltd, Capital First Home Finance Ltd and Capital First Securities Ltd…” IDFC Bank informed the BSE

GAIL to set up India's 1st coal gas conversion plant
GAIL to set up India’s 1st coal-to-gas conversion plant

GAIL to set up India’s 1st coal gas conversion plant: New Delhi, India’s first plant to convert coal to synthetic gas is to be set up in Odisha under the supervision of state-run gas transmission utility GAIL, the Petroleum Minister said on Thursday.Addressing industry chamber Ficci on the domestic production potential of hydrocarbons, Minister Dharmendra Pradhan

Key Indian equity market indices open flat
Key Indian equity market indices open flat

Key Indian equity market indices open flat: Mumbai, Remaining cautious before the beginning of the quarterly earnings season, the key Indian equity market indices on Thursday opened flat.The Sensitive Index (Sensex) of the BSE, which had closed at 34,433.07 points on Wednesday, opened higher at 34,471.48 points.Minutes into trading, it was quoting at 34,440.28 points, up

Global cues
Global cues, buying support lift Sensex to new high

Global cues, buying support lift Sensex to new high. The barometer index of the Indian equity market — S&P BSE Sensex — touched its new record high level during the early morning trade session on Wednesday. Similarly, the the broader NSE Nifty50 also closed-in on its record high level during the trade session.According to market analysts,

Equity indices trade on a flat note amid volatility
Equity indices trade on a flat note amid volatility

Equity indices trade on a flat note amid volatility: Mumbai, Jan 9 Key Indian equity indices traded on a flat note amid volatility during the mid-afternoon session on Tuesday.According to market observers, positive global cues, along with optimism over the upcoming quarterly earnings result season, kept investors’ sentiments buoyed.However, heavy selling pressure in automobile, capital goods

Skilling enterprises, start-up developers key to India's digital dream: IBM
Skilling enterprises, start-up developers key to India’s digital dream: IBM

Skilling enterprises start developers key India digital dream: With digital transformation comes the daunting task of preparing a workforce for technologies like Big Data, Cloud, Artificial Intelligence (AI) and Internet of Things (IoT) that can address the massive demand coming from governments and businesses in India. According to a top IBM executive, the time is

Sensex new high on fund inflows; Nifty above 10,600
Sensex at new high on fund inflows; Nifty above 10,600

Sensex new high on fund inflows; Nifty above 10,600: Mumbai, The BSE Sensex soared to life-time high of 34,331.85 and the National Stock Exchange Nifty crossed the 10,600 level for the first time in early trade today on strong gains in pharma, IT and banking stocks amid optimism over quarterly earnings by corporates.Asian markets trading with

Banking sector posts 10.7 pct YoY growth in Dec'17
Banking sector posts 10.7 pct YoY growth in Dec’17

Banking sector posts 10.7 pct YoY growth in Dec’17: New Delhi [India], The banking sector sustained its growth momentum post the Centre’s public sector bank (PSB) recapitalisation plan by driving a significant surge in credit growth. As per latest statistics, the banking sector posted a double digit growth of 10.7 percent year-on-year (YoY) growth in December 2017,

Cloud SaaS solutions
Indian businesses now comfortably adopting Cloud SaaS solutions: Oracle

With a surge in the adoption of Cloud-based services in India, Software-as-a-Service (SaaS) is one area that is growing faster than ever before. According to a top Oracle India executive, this is because businesses — from large to small — have realised that SaaS solutions are scalable, agile and secure. Cloud SaaS solutions will be the