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 ... Read More »
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, ... Read More »
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 ... Read More »
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 ... Read More »
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 ... Read More »
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 ... Read More »
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 ... Read More »
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 ... Read More »
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 ... Read More »
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 ... Read More »
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 ... Read More »
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 ... Read More »
