New Delhi, While 74 per cent of Indian workers say new technologies to collect workforce data put trust at risk, recent data scandals make 80 per cent feel that their employee information might be hacked too, a new report from Accenture said on Thursday. More than five in 10 C-level[Read More…]
Mumbai, The 30-scrip Sensitive Index (Sensex) opened on a positive note on Wednesday during the morning trade session. The Sensex of the BSE opened at 34,494.12 and touched a high of 36,521.47 and a low of 36,410.14 after closing at 36.444.64 on Tuesday. It is trading at 36,475.02, up by[Read More…]
Mumbai, The Economic Offences Wing (EOW) of the Mumbai Police would contest the anticipatory bail application filed by Joseph Massey, Former NSEL Director, in a special MPID (Maharashtra Protection of Interest of Depositors Act) court on Tuesday in connection with the Rs 5,600-crore NSEL payment default. Massey had approached the[Read More…]
Among the salaried class people in India, some of the widely preferred tax saving investment are- Public Provident Fund (PPF), Equity-Linked Savings Scheme (ELSS), National Savings Certificate (NSC), tax saving bank fixed deposit (FD). Section 80C of the Income Tax Act has a list of specified investment products using which[Read More…]
NR Fixed Deposit at up to 9% interest rate p.a. Fixed Deposit rates of up to 9.5% p.a. for senior citizens Savings accounts with interest rates of up to 7% p.a. Hyderabad: Fincare Small Finance Bank (SFB) announced its entry into Hyderabad at a press conference, today, with the launch[Read More…]
By Vishav Gandhinagar: The government’s decision to liberalise norms for availing angel tax exemption would solve the majority of the problems ailing the start-up sector and is only the first in a series of major steps, a top government official said on Friday. In a big boost to startups and[Read More…]
Mumbai: The stock of pharmaceutical major Sun Pharma ended up as the top loser on the BSE Sensex on Friday following reports of a complaint by a whistleblower to the Securities and Exchange Board of India (Sebi) against the company, raising issues of corporate governance. The company scrip tanked over[Read More…]
Bengaluru: Global software major Wipro on Friday reported Rs 2,544 crore net profit for the third quarter of fiscal 2018-19, registering 29.6 per cent annual growth, up from Rs 1,936 crore in the same period a year ago. In a regulatory filing on the BSE, the Bengaluru-based IT firm said[Read More…]
Mumbai: The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on Bank of Maharashtra for deficiencies in regulatory compliance. According to the RBI, the fine was imposed by an order dated January 4, 2019 “for non-compliance with ‘Master Directions on Frauds-Classification and Reporting’ dated[Read More…]
Mumbai, Sensex and Nifty fell on Monday in line with Asian markets which responded on poor Chinese trade data and an extended partial US government shutdown, fuelling concerns of a global growth slowdown. However, losses were capped as India’s annual rate of inflation based on wholesale prices eased to 3.80[Read More…]
Mumbai, The Indian equity indices traded in the red on Monday afternoon with the S&P BSE Sensex trading over 260 points lower. The Nifty50 on the National Stock Exchange also slumped and was around the 10,700-mark level during the afternoon session. Weakness in the Asian markets and depreciation in the[Read More…]
Mumbai,The key Indian equity indices opened in the negative territory on Monday with the S&P BSE Sensex losing over 170 points. All the sectoral indices on the BSE traded in the red except the IT and Teck stocks. Weakness in the Asian markets dampened the domestic investor sentiments on Monday,[Read More…]
Mumbai, A continuous rise in global crude oil prices, along with caution ahead of key micro-economic data to be released later in the day, dragged the Indian equity market into the red on Friday. The benchmark Brent crude prices rose over 0.5 per cent to cross the $62 a-barrel-mark. Stocks[Read More…]
Mumbai, Caution ahead of the key micro-economic data and selling in the financials sector dragged the major indices in the red during the pre-afternoon trade session on Friday. Key macro-economic figures like forex reserves, Index of Industrial Production and manufacturing output are set to be released on Friday. Realty stocks[Read More…]
Two days after Jeff and Mackenzie Bezos in a joint statement shared the news of their divorce with the world, speculations regarding the reason of them getting separated are surfacing. According to reports it has been revealed that the Founder, CEO of Amazon was dating former news anchor Lauren Sanchez.[Read More…]
New Delhi, In a further relief to the micro, small and medium (MSME) sector, the threshhold limit for eligibility under the GST Composition Scheme was raised to Rs 1.5 crore, from Rs 1 crore, by the GST Council on Thursday and will apply from the 2019-20 fiscal beginning April 1.[Read More…]
Mumbai, Sensex and Nifty ended lower on Thursday over a sharp rise in crude oil prices and decline in banking stocks. Brent crude futures on Thursday surpassed the $61-a-barrel mark around the closing bell. The Indian currency followed suit and weakened to Rs 70.54 per dollar after closing at 70.46.[Read More…]
New Delhi: Tata Power Delhi Distribution Ltd (TPDDL) has signed an agreement with Norwegian power technology company PIXII to explore the use of distributed pole-mounted storage to boost the strength of the distribution grid in the capital, a statement said on Thursday. The Delhi distribution company (discom) said the agreement,[Read More…]
Mumbai: Sensex and Nifty traded lower during the afternoon session of the trade on Thursday over a sharp rise in crude oil prices and decline in financial stocks. Brent crude futures on Thursday surpassed the $60-a-barrel mark. Also, investors awaited Q3 corporate results, set to start on Thursday, and more[Read More…]
Mackenzie Bezos after divorcing with Amazon founder, chairman Jeff Bezos could become the richest woman on the planet. Currently, Francoise Bettencourt Meyers, the granddaughter of L’Oréal founder, Eugène Paul Louis Schueller is the world’s richest woman. She has a net worth of $45.7 billion. Top 4 richest woman in the world[Read More…]
Las Vegas,LG Electronics has partnered Microsoft to help grow its autonomous vehicle and infotainment system business by leveraging Microsoft’s Azure cloud and Artificial Intelligence (AI) technologies along with LG’s future self-driving software developments. LG will apply Microsoft’s AI knowledge to its Advanced Driver Assistance Systems (ADAS), Driver-Status Monitoring Camera (DSM)[Read More…]
New Delhi, Anglo-Dutch oil multinational Royal Dutch Shell’s Indian arm on Wednesday said it has completed the acquisition of French oil major Total SA’s 26 per cent stake in the company that operates the Hazira liquefied natural gas (LNG) terminal in Gujarat. Shell Energy India, however, did not disclose the[Read More…]
New Delhi, Expanding its audio line-up, Denmark-based Jabra, a subsidiary of GN Netcom that makes in-ear and on-ear audio wearables, on Wednesday launched its Evolve 65t wireless earbuds for business professionals for Rs 39,440 in India. The Evolve 65t incorporates all the features of the Evolve range such as wireless[Read More…]
San Francisco, Riding on a robust growth last year, Apple CEO Tim Cook earned a compensation package of $15.7 million — including $12 million in bonus that means nearly $33,000 a day. The package included $3 million in base salary, $12 million in incentives awarded for performance and another $682,000[Read More…]
Mumbai, IndusInd Bank on Wednesday reported a 5 per cent increase in its net profit for the third quarter (Q3) of 2018-19. Its net profit during the quarter under review rose to Rs 985 crore from Rs 936 crore in the corresponding period of last fiscal. “Net profit for the[Read More…]
