Topics: Business

G20 heads agree to fix loopholes used by Facebook, Amazon, Google, and others to reduce corporate taxes

Group of 20 finance ministers agreed on June 8 to compile standard rules to close loopholes used by global tech giants such as Facebook...

Coal India to hire merchant bankers for acquiring equity stakes in Australian coal assets

State-owned Coal India will hire merchant bankers to carry out financial due diligence for acquiring equity stakes in identified mines and companies in Australia...

RBI Governor: Need for a fresh look at NBFC supervision; norms soon on liquidity risk management

Concerned overstress in the NBFC sector, RBI Governor Shaktikanta Das Saturday said there is a need to have a fresh look at the regulation...

Report: e-Money shares in India’s payment systems grew up by 21.5%

Getting a leg-up from the demonetization of Rs 500 and Rs 1,000 notes in November 2016, the share of e-Money in India's payment systems...

Asian shares up on policy easing hopes, Yuan slips on PBOC signals: Global Markets

Asian shares were slightly higher on June 7 on expectations global central banks will soon embark on an easing cycle in the face of...
- Advertisement -

Indian Economy Reacts to Narendra Modi’s Re-election

“The Indian economy is climbing to record-level stability after Narendra Modi led his Bharatiya Janata Party to a landslide victory.” With a strong mandate,...

Walmart faces major India test over Flipkart’s legal tiff with Ratan Tata backed startup

An Indian startup's legal challenge against Walmart-owned Flipkart claiming losses caused by sharp discounting of its products is winning support from other online sellers,...

Sino-US trade war offers Europe’s chance to bank more Chinese reserves: Analysis

Should European countries want the euro to replace the dollar as the world's dominant reserve currency, the Sino-US trade war may offer a window...

After Google and Amazon, US antitrust spotlight turns on Apple and Facebook

The American Federal Trade Commission (FTC) has secured the right to examine how Facebook’s practices affect its digital competition, Wall Street Journal reported on...

Zomato’s Bharatvarsh expansion, now available in more than 300 cities

In an attempt to increase the business presence in the country, A Gurgaon based online food delivery company Zomato has said that “The...
- Advertisement -

China Ministry may use 5G licenses for commercial use in the near future

China's Ministry of Industry and Information Technology (MIIT) will roll out commercial 5G licenses "in the near future", Xinhua said. It did not provide further...

Hero FinCorp to buy Anil Ambani’s Reliance General Insurance business for Rs 5,500 to 6,000 crore

India's leading retail and commercial lending firm Hero FinCorp is in an advanced talk of buying Reliance General Insurance (RGI) a company owned Reliance...

Fortis Healthcare reports a net profit of Rs 151 cr in Q4

Fortis Healthcare has reported a consolidated net profit of Rs 151.19 crore for the quarter ended March, as against a net loss of Rs...

GoAir offers one million seats for Rs 899

In one of its largest-ever discounted ticket schemes, budget carrier GoAir May 24 put one million seats up for grabs with fares starting at...

InstaReM to offer cross-border payments service for KASIKORNBANK clients

Asia's leading digital cross-border payment company InstaReM has partnered with Thailand's leading bank KASIKORNBANK (KBank) to provide cross-border payments for bank's client. The company in...
- Advertisement -

Tech Mahindra secures Rs 300 crore defence deal from Indian Navy

IT major Tech Mahindra Tuesday said it has signed a defence contract worth Rs 300 crore, its biggest till date. As part of the...

Walmart to make its first direct pitch to big corporate advert buyers at New York event

Walmart Inc will meet large consumer goods companies and advertising firms for the first time in New York next week to pitch its advertising...

Yoshihide Suga: Japan’s Government already planning steps to ease pain from sales tax hike

Japan's government is already planning to take sufficient steps to mitigate the pain a scheduled sales tax hike in October could inflict on the...

US to scale back Huawei trade restrictions to help its existing customers

The US Commerce Department said on Friday it may soon scale back restrictions on Huawei Technologies after this week's blacklisting would have made it...

Infinix Mobile is expecting the growth of 50 to 60 percent from smartphone sales

Mobile device maker Infinix expects around 50-60 percent growth in its smartphone sales this year with its focus on customers in the economy segment,...
- Advertisement -

Crude oil futures gains 0.65 percent on a global trend

Crude oil futures rose by Rs 30 to Rs 4,623 per barrel on Tuesday as speculators created fresh positions, tracking a firm trend at...

Huawei reports 39% growth of $27 billion in Q1, despite US pressure on the world and its allies

Huawei Technologies said on Monday its first-quarter revenue jumped 39 percent to 179.7 billion yuan ($26.81 billion), in the Chinese technology firm's first-ever quarterly...

ITC moves National Company Law Tribunal court against Hotel Leela Venture

One of India's biggest FMCG company ITC has filed a case against Hotel Leelaventure at National Company Law Tribunal. In a regulatory filing at the...

Nasim Zaidi resigns from Jet Airways board

Jet Airways, an Indian airline company which has grounded for more than a month has announced that "One of its non-executive and non-independent director...

Apple to face legal action over violating the security exchange act

A lawsuit filed in the US has alleged that Apple violated the country's Securities Exchange Act by hiding a slowdown in demand for iPhones,...
- Advertisement -

Ashish Sinha: India’s growth trajectory holds tremendous potential for global stakeholders

India's growth trajectory holds immense potential for global stakeholders to establish energy, infrastructure, and technology collaboration with the country, a UN forum here has...

Dr Sheth’s secures Rs 4 crore in series seed round funding from Mumbai Angels and others

A Mumbai-based celebrity dermatologist-backed luxury skincare startup Dr. Sheth's has secured Rs 4 crores in a series seed round funding from Mumbai Angels and...

Wall Street signs positive earning growth

US stocks ended slightly higher on Tuesday, with the S&P 500 inching closer to its all-time high following a string of mostly positive earnings,...

Asian internet companies are competing with traditional banks on consumer finances

Asia’s internet firms are challenging the region’s traditional banks for consumer finances, tapping their massive user networks for business and following a trail blazed...

IBM is using AI to create chatbots more emphatic

Chatbots may have become ubiquitous in recent times, assisting businesses in everything from bill payments to customer services, but these automated algorithms still struggle...
- Advertisement -

Trending