Saturday 29th April 2017,
Radio Metta

Business

Dollar holds gains Canadian dollar, Mexican peso surge on NAFTA relief

Dollar holds gains Canadian dollar, Mexican peso surge on NAFTA relief

LONDON, APRIL 27:   The dollar only held its gains against the Japanese yen on Thursday after US President Donald Trump’s tax plan offered no surprises, slowing the greenback’s rally. The market also awaited the European Central Bank’s monetary policy decision. The Canadian dollar and Mexican peso, which had slumped earlier on reports the United States [...]

April 27, 2017 Loknath Das Business Comments Off on Dollar holds gains Canadian dollar, Mexican peso surge on NAFTA relief

Future Retail to demerge home retail business

Future Retail to demerge home retail business

The existing network of Future Retail includes small-format EasyDay stores and large-format Big Bazaar stores, along with apparel chain fbb, Foodhall, electronics store eZone and furniture and home decor chain HomeTown. Photo: Indranil Bhoumik/Mint Shares of Future Retail Ltd hit an all-time high on Thursday after India’s biggest departmental store chain said its board has [...]

April 21, 2017 Loknath Das Business Comments Off on Future Retail to demerge home retail business

UK wage growth after inflation almost disappears in three months to February

UK wage growth after inflation almost disappears in three months to February

British pay growth after accounting for inflation almost disappeared completely in the three months to February, the clearest evidence yet that households are feeling the strain of rising prices as Brexit negotiations begin. Workers’ total earnings including bonuses rose by an annual 2.3 percent in the three months to February, unchanged from the previous period, [...]

April 12, 2017 Loknath Das Business Comments Off on UK wage growth after inflation almost disappears in three months to February

Malala receives highest UN honour to promote girls education

Malala receives highest UN honour to promote girls education

UNITED NATIONS, APR 11:   Men should not clip the “wings of women and let them fly”, Nobel Laureate Malala Yousafzai said as UN Secretary-General Antonio Guterres designated her as the youngest-ever ‘Messenger of Peace’. “The role of men, fathers and brothers is really important. There were so many girls just like me in Swat Valley [...]

April 11, 2017 Loknath Das Business Comments Off on Malala receives highest UN honour to promote girls education

MPs urge crackdown on excessive pay to rebuild public trust in business

MPs urge crackdown on excessive pay to rebuild public trust in business

British businesses must crack down on excessive pay for bosses and improve boardroom diversity to restore public trust after scandals at Sports Direct and collapsed retailer BHS, MPs have warned. Among their wide-ranging recommendations, the MPs’ committee called for a ban on long-term investment plans, complex multi-year pay deals that have been criticised for masking [...]

April 5, 2017 Loknath Das Business Comments Off on MPs urge crackdown on excessive pay to rebuild public trust in business

Infy, Others Change H-1B Visa Strategy, Applications Begin Next Month

Infy, Others Change H-1B Visa Strategy, Applications Begin Next Month

Infosys will also halt H-1B applications for employees with less than 4yrs of experience, says a report.    While the White House has drafted an executive order that envisages changes to the way the H-1B program is administered, none have come into effect so far. With the application process kicking off next month, companies are [...]

March 25, 2017 Loknath Das Business Comments Off on Infy, Others Change H-1B Visa Strategy, Applications Begin Next Month

Reliance Capital Sells Stake In Paytm Parent To Alibaba

Reliance Capital Sells Stake In Paytm Parent To Alibaba

   Mumbai: Reliance Capital Ltd has sold a less than 1 per cent stake in payments and e-commerce startup One97 Communications to Alibaba Group Holding for Rs. 275 crore ($41.25 million), a source with direct knowledge of deal said on Tuesday. The deal valued One97, which owns and operates India’s No. 1 digital wallet Paytm, [...]

March 8, 2017 Loknath Das Business Comments Off on Reliance Capital Sells Stake In Paytm Parent To Alibaba

UP Polls: PM Modi to address election rally in Hardoi

UP Polls: PM Modi to address election rally in Hardoi

Prime Minister Narendra Modi will address an election rally in Uttar Pradesh’s Hardoi today. Prime Minister Modi yesterday slammed the ruling Samajwadi Party for its pre-poll alliance with Congress, likening it to a movie in which rivals befriend each other after the “interval”. Addressing an election rally in Uttar Pradesh’s Kannauj, he said Samajwadi Party [...]

February 16, 2017 Saheli Business Comments Off on UP Polls: PM Modi to address election rally in Hardoi

Internal complications impact business performance: BCG

Internal complications impact business performance: BCG

NEW DELHI: As organisations grow, business models tend to get more complicated and companies in the $1-2 billion range typically start to feel its impact on business performance, says a BCG report. According to a report by global management consulting firm Boston Consulting Group (BCG), the business environment is changing rapidly and in their attempt [...]

February 16, 2017 Saheli Business Comments Off on Internal complications impact business performance: BCG

Dubai favourite overseas travel destination for Indians, Thailand is second

Dubai favourite overseas travel destination for Indians, Thailand is second

Issam Kazim, the CEO of Dubai Tourism, has a lot riding on Indian travellers. The world’s largest democracy sent the maximum number of visitors to the Emirate for the second consecutive year in 2016 and accounted for more than one-fifth of the growth in tourist arrivals in Dubai.   Dubai is the largest overseas travel [...]

February 16, 2017 Saheli Business Comments Off on Dubai favourite overseas travel destination for Indians, Thailand is second

Infosys board keen to avoid Tata-style row – source

Infosys board keen to avoid Tata-style row – source

The Infosys Ltd board does not want a war of words with the Indian software services company’s former leadership to descend into the kind of damaging row seen at Tata, an Infosys boardroom source said on Friday. India’s second biggest IT services company, based in the southern tech hub of Bengaluru, has been in an [...]

February 10, 2017 Saheli Business Comments Off on Infosys board keen to avoid Tata-style row – source

Saab pitches modern combat jSaab pitches modern combat jet plant in India in two-horse race with Lockheedet plant in India in two-horse race with Lockheed leftright 2/2leftright

Saab pitches modern combat jSaab pitches modern combat jet plant in India in two-horse race with Lockheedet plant in India in two-horse race with Lockheed leftright 2/2leftright

Sweden’s Saab has offered to build the world’s most modern fighter aircraft factory in India, it said on Friday, as it goes head-to-head with U.S. rival Lockheed Martin to supply hundreds of locally produced planes to India’s military. Saab’s pitch for its Gripen E aircraft comes a day after Lockheed said it is pushing ahead [...]

February 10, 2017 Saheli Business Comments Off on Saab pitches modern combat jSaab pitches modern combat jet plant in India in two-horse race with Lockheedet plant in India in two-horse race with Lockheed leftright 2/2leftright