Friday 26th May 2017,
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Business

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

Tata Steel, Thyssenkrupp merger talks face extensive delays

Tata Steel, Thyssenkrupp merger talks face extensive delays

Investors expecting a deal this year in Tata Steel’s talks to merge its European assets with Germany’s Thyssenkrupp risk disappointment, given complications associated with the Indian-owned firm’s British pension scheme. Tata and Thyssenkrupp shares have firmed on hopes a merger would trigger European steel capacity cuts. Tata Steel UK, Britain’s top steelmaker, is seeking regulatory [...]

February 10, 2017 Saheli Business Comments Off on Tata Steel, Thyssenkrupp merger talks face extensive delays

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