Mumbai, June 23 (IANS) The Indian equity markets closed in the red on Friday as broadly negative global cues, coupled with caution ahead of the Goods and Services Tax (GST) implementation and heavy selling ...
Infosys said on Friday an investigation it commissioned had found no evidence of wrongdoing in accusations by an anonymous whistleblower, releasing the findings a day before it holds its annual shareholders meeting. Infosys Ltd commissioned the law firm Gibson Dunn & Crutcher LLP and risk consultants
Wall Street was set to open little changed on Friday as investors awaited economic data and speeches by Federal Reserve policymakers for clues on interest rate hikes amid concerns over oil prices. Crude oil prices bounced off this week's 10-month lows, but were still set for their worst first-half
New Delhi, June 23 (IANS) The Goods and Services Tax Network (GSTN) portal which has so far only been accepting requests for migration from the current indirect tax regime to the GST system will now start accepting fresh registrations starting June 25. It will also be open from June 25 for a period
REUTERS - Tata Steel Ltd said on Friday it sold its stake in Tata Motors Ltd to Tata Sons, the holding company of India's salt-to-software Tata conglomerate, for 37.83 billion rupees . Tata Steel sold ...
New Delhi, June 23 (IANS) Automobile manufacturer Ford India on Friday said it has decided to recall 39,315 units of Ford Fiesta Classic and previous-generation Ford Figo vehicles because of a potential ...
Infosys concludes investigation into whistleblower allegations as auditors find no evidence.. Read more on Business by BloombergQuint.
Hyderabad, June 23 (IANS) The National Association of Software and Services Companies (Nasscom), as part of its reskilling initiative for the IT industry, has identified key job roles in the big data analytics domain. At the fifth annual Big Data & Analytics Summit, which concluded here on Friday, the
Gold prices climbed to one-week highs on Friday, boosted by a lower dollar and economic and political uncertainty around the world, but the prospect of further interest rate rises in the United States limited gains. Spot gold was up 0.6 percent at $1,257.5 an ounce at 1152 GMT after earlier touching
Oil prices have fallen about 20 percent this year despite an effort led by the Organization of the Petroleum Exporting Countries (OPEC) to cut production by 1.8 million barrels per day (bpd). Bearish factors like higher output in Libya or Nigeria result in lower oil prices but bullish factors, like
Toshiba Corp said it was open to talks with Western Digital Corp in their dispute over the sale of the Japanese conglomerate's prized chip unit - an apparent olive branch after it chose another suitor as preferred bidder. The two have been feuding bitterly and Western Digital, which jointly runs
New Delhi, June 23 (IANS) A leading business chamber on Friday ranked 'Information and Cyber Insecurity as the most significant threat to business perception and operations in the country. According to a Ficci report, in the recent past, there has been an increase in the incidences of cyber-attacks
New Delhi, June 23 (IANS) Nearly two-thirds of oil and gas refiners plan to increase their investments in digital technologies over the next three-to-five years, a new study revealed on Friday. The study, conducted by global professional service company Accenture, said that reducing operational costs
The success Housing for All project is subject to some conditions.. Read more on Business by BloombergQuint.
Consulting and outsourcing services provider Accenture Plc said on Friday it would transfer $1.6 billion in pension obligations to insurers American International Group Inc and MassMutual. The transfer includes about $600 million in lump-sum payments to about 7,000 current and former U.S. employees
BENGALURU/MUMBAI (Reuters) - Gold traded at a premium to official domestic prices in India this week for the first time in about a month, while demand remained lacklustre elsewhere in Asia despite a drop in prices. Spot gold fell to a five-week low this week at $1,240.75 an ounce, from a seven-month
Whirlpool on Friday said it was working with British authorities investigating a deadly blaze in a London tower block after police said one of its Hotpoint fridge freezers sparked the fire. Whirlpool said it wanted to look at the appliance at the root of the fire which killed dozens last week, and said
Anti-tobacco PIL: SEBI seeks removal from list of respondents.. Read more on Law & Policy by BloombergQuint.
A Chinese court meted out a nearly 700 million yuan ($102.4 million) punishment to a Russian-controlled high-frequency trading firm for futures market manipulation on Friday, drawing a line under one of the most high-profile cases of misconduct Beijing blames for contributing to the 2015 stock market
New Delhi, June 23 (IANS) Millennials in the age group of 30-34 years are increasingly giving more importance to safety and security of homes rather than on return on investment, fancy amenities and proximity to work which the older age-groups preferred, a recent survey has revealed. Looking at various
Will sale of spare parts and repair transactions become expensive under GST?. Read more on GST by BloombergQuint.
The NSE Nifty ended lower for a fourth straight session on Friday, its longest losing streak since mid-April, as investors booked profits in financials such as State Bank of India and Kotak Mahindra Bank ...
Industrial and Commercial Bank of China (ICBC) said on Friday its checks of loans to companies that made overseas acquisitions is routine, following reports that the regulator had ordered lenders to assess credit extended to a handful of highly acquisitive firms. The assessment does not indicate the
Norway's $960-billion wealth fund, the world's largest, should be split from the country's central bank, which has managed the fund since its launch in 1996, a government-appointed commission said on Friday. "The Commission proposes that (an) investment management company be established