Thursday 27th April 2017,
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Business

Ajay Tyagi to head capital markets regulator SEBI

Ajay Tyagi to head capital markets regulator SEBI

India has appointed senior finance ministry official Ajay Tyagi as the new chairman of its capital markets regulator, the government said on Friday, at a time when corporate governance issues have taken centre stage in the country. Tyagi, 58, currently an additional secretary at the Indian finance ministry’s economic affairs department, will succeed Upendra Kumar [...]

February 10, 2017 Saheli Business Comments Off on Ajay Tyagi to head capital markets regulator SEBI

Uber chief quits Trump business council amid boycott calls

Uber chief quits Trump business council amid boycott calls

Uber CEO Travis Kalanick has quit President Donald Trump’s council of business leaders, according to an internal memo obtained by The Associated Press. Mr. Kalanick wrote to his employees that he’d spoken with Mr. Trump on Thursday to “let him know that I would not be able to participate on his economic council. Joining the [...]

February 3, 2017 Saheli Business Comments Off on Uber chief quits Trump business council amid boycott calls

Uber boss quits Donald Trump’s business group amid staff anger at immigration ban

Uber boss quits Donald Trump’s business group amid staff anger at immigration ban

Uber’s chief executive officer Travis Kalanick has quit Donald Trump’s business advisory group amid mounting pressure from activists and employees who have come out against his administration’s hard-line immigration policies. Critics have included Uber drivers, many of whom are immigrants themselves. “Joining the group was not meant to be an endorsement of the President or his [...]

February 3, 2017 Saheli Business Comments Off on Uber boss quits Donald Trump’s business group amid staff anger at immigration ban

Facebook beats Wall Street’s growth estimates

Facebook beats Wall Street’s growth estimates

From the spread of fake news to a nasty court fight in Texas, it has been a rough few months for Facebook. But company executives can take heart in two things: Despite an audience nudging toward two billion users, more and more people are still flocking to the service, and more and more advertisers are [...]

February 3, 2017 Saheli Business Comments Off on Facebook beats Wall Street’s growth estimates

Trump means ‘business’ as ban excludes countries of interests

Trump means ‘business’ as ban excludes countries of interests

Several Muslim majority nations, where the Trump Organisation is active and which in some cases have faced troublesome issues with terrorism, do not figure in the list of the countries whose citizens were banned from entering the United States. Iran, Iraq, Syria, Somalia, Sudan, Libya and Yemen, which are targeted by U.S. President Donald Trump [...]

January 30, 2017 Saheli Business Comments Off on Trump means ‘business’ as ban excludes countries of interests

UPL’s India business surprises positively in December quarter

UPL’s India business surprises positively in December quarter

Shares of UPL Ltd, formerly United Phosphorus Ltd, gained 83% in the past one year as the company maintained the growth tempo despite the turbulence in its consumer markets. The December quarter (Q3) has been no different. Revenue and volume are up 18% from a year ago. As has been the case in recent quarters, [...]

January 30, 2017 Saheli Business Comments Off on UPL’s India business surprises positively in December quarter

Toshiba shares fall over possible lawsuit by several Japanese banks

Toshiba shares fall over possible lawsuit by several Japanese banks

Toshiba shares fell by 5.85% on Monday, following reports of a possible lawsuit by several Japanese banks, rumours of the impending resignation of its chairman and a withdrawal from its nuclear power plant business in the US.   In the mid-session break at the Tokyo Stock Exchange, the tech giant’s share price fell 4.16% and [...]

January 30, 2017 Saheli Business Comments Off on Toshiba shares fall over possible lawsuit by several Japanese banks

UK TO ACTIVELY HELP INDUSTRY AS COUNTRY LEAVES EU

UK TO ACTIVELY HELP INDUSTRY AS COUNTRY LEAVES EU

LONDON (AP) — Britain’s leader is pledging to help U.K. industry grow and compete as the country prepares to leave the European Union. Prime Minister Theresa May plans to unveil her “modern industrial strategy” on Monday, saying the government must provide an environment that will create well-paying jobs throughout Britain if the country is to [...]

January 23, 2017 Saheli Business Comments Off on UK TO ACTIVELY HELP INDUSTRY AS COUNTRY LEAVES EU

OPEC, ALLIES SAYS PRODUCTION CUTS AHEAD OF SCHEDULE

OPEC, ALLIES SAYS PRODUCTION CUTS AHEAD OF SCHEDULE

VIENNA (AP) — OPEC and key non-OPEC oil producers are near their target of taking 1.8 million barrels of crude a day off global markets less than two months after agreeing to do so in efforts to push up the price of crude, Russia’s energy minister said Sunday. Alexander Novak’s upbeat comments to reporters came [...]

January 23, 2017 Saheli Business Comments Off on OPEC, ALLIES SAYS PRODUCTION CUTS AHEAD OF SCHEDULE

SHYAMALAN’S ‘SPLIT’ RULES INAUGURATION WEEKEND WITH $40.2M

SHYAMALAN’S ‘SPLIT’ RULES INAUGURATION WEEKEND WITH $40.2M

NEW YORK (AP) — M. Night Shyamalan’s psychological thriller “Split” blew away box-office expectations, earning $40.2 million in ticket sales over inauguration weekend, according to studio estimates Sunday. Though many were focused on Friday’s presidential inauguration and Saturday’s nationwide women’s marches, “Split” doubled forecasts to easily lead all films. The Universal Pictures release again brings [...]

January 23, 2017 Saheli Business Comments Off on SHYAMALAN’S ‘SPLIT’ RULES INAUGURATION WEEKEND WITH $40.2M

Protesters barricade Uber offices: ‘No business as usual’ on inauguration day

Protesters barricade Uber offices: ‘No business as usual’ on inauguration day

Anti-Trump protesters barricaded the headquarters of Uber in San Francisco on Friday morning to call attention to Uber CEO Travis Kalanick’s “collaboration” with the new administration on Trump’s inauguration day. Protesters blocked traffic outside the ride-hailing company’s main office with a giant banner reading: “Uber collaborates with Trump”, while others used PVC piping and chains [...]

January 20, 2017 Saheli Business Comments Off on Protesters barricade Uber offices: ‘No business as usual’ on inauguration day

Debrett’s 500 List: Business

Debrett’s 500 List: Business

An in-depth look at the most influential people in… Show more Sir David Barclay and Sir Frederick Barclay, Businessmen and Owners, Telegraph Media Group, 82 The Barclay twins’ commercial interests span media, retail and property: their businesses include the Ritz, Littlewoods online department store, delivery service Yodel and Telegraph Media Group. They purchased TMG, which [...]

January 20, 2017 Saheli Business Comments Off on Debrett’s 500 List: Business