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Category : Business

Business

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

Loknath Das 27 Apr 2017 557 Views

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 ... Read More »

Business

Future Retail to demerge home retail business

Loknath Das 21 Apr 2017 605 Views

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 »

Business

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

Loknath Das 12 Apr 2017 859 Views

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 »

Business

Malala receives highest UN honour to promote girls education

Loknath Das 11 Apr 2017 622 Views

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 »

Business

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

Loknath Das 05 Apr 2017 677 Views

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 »

Business

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

Loknath Das 25 Mar 2017 706 Views

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 »

Business

Reliance Capital Sells Stake In Paytm Parent To Alibaba

Loknath Das 08 Mar 2017 649 Views

   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 »

UP Polls: PM Modi to address election rally in Hardoi

Saheli 16 Feb 2017 828 Views

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 »

Internal complications impact business performance: BCG
Business

Internal complications impact business performance: BCG

Saheli 16 Feb 2017 804 Views

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 »

Dubai favourite overseas travel destination for Indians, Thailand is second
Business

Dubai favourite overseas travel destination for Indians, Thailand is second

Saheli 16 Feb 2017 662 Views

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 »

Infosys board keen to avoid Tata-style row – source

Saheli 10 Feb 2017 668 Views

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 »

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

Saheli 10 Feb 2017 684 Views

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 »

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