Besta Shankar

Articles by Besta Shankar

Email : editor@ibtimes.co.in

Accounting Scandal at Toshiba Corporation

Deepening Accounting Scandal at Toshiba May Force its President, Vice Chairman to Quit

President Hisao Tanaka and Vice-Chairman Norio Sasaki reportedly exerted pressure on subordinates to reach profit targets.

Jul 11, 2015

a-gas-nozzle-is-used-to-pump-petrol-at-a-station

India to Save ₹ 1.50 Lakh Crore From Oversupplied Crude Oil Market

Average cost of crude oil imported by India fell to $61.50 per barrel in April-June quarter of 2015-16, from $84.10 a barrel a year ago.

Jul 11, 2015

'Make in India': Foxconn to Create a Million Jobs by Setting up 10-12 Manufacturing Units by 2020

The current government is far more supportive of manufacturing in India than the government 10 years ago, Gou said.

Jul 11, 2015

Xiaomi Plans to Set Up E-Commerce Portal, R&D Centre in Bengaluru

Currently, Xiaomi's products are predominantly sold through Flipkart, Snapdeal and Amazon.

Jul 10, 2015

Housing.com Appoints COO Rishabh Gupta as Interim CEO After Ousting Controversial Rahul Yadav

Gupta had managed the company effectively during the controversies.

Jul 10, 2015

Mphasis Transfers 2,000 Employees To Karvy As it Hives Off Outsourcing Business

Mphasis had sold a significant part of its outsourcing business to Hinduja Global Solutions (HGS) previously.

Jul 10, 2015

TCS to Train 1 Lakh Employees on Digital Technologies

TCS aims to increase its revenue from digital segment to $5 billion over the next five years.

Jul 10, 2015

ICICI Bank Likely to Sell its Housing Finance Unit For ₹4,400 Crore: Report

ICICI Bank roped in Citibank two weeks back to carry out the transaction.

Jul 10, 2015

Petrol, Diesel Price Cut on Cards?

Brent crude oil prices traded at $58 per barrel on Thursday, down over 16% compared to the levels seen in early June.

Jul 9, 2015

MakeMyTrip, IRCTC Find Place in 'Fortune Next 500 Companies' in India

Other firms in the list include RBL Bank (The Ratnakar Bank Limited) and Inox Wind.

Jul 9, 2015

All Eyes on TCS as Software Firm Set to Annouce Results for June Quarter Today

Ahead of the results, stock prices of TCS fell 1.7% to trade at ₹2,550.

Jul 9, 2015

Russia's Rosneft Agrees to Buy 49% Stake in Essar Oil, Shares Up

Share prices of Essar Oil rose more than 5% on Thursday to touch ₹198.35

Jul 9, 2015

SpiceJet Likely to Cut Fares as Crude Oil Prices Fall

Estimates show that "fuel costs" occupy about 50% of total operating expenses of the domestic airlines.

Jul 8, 2015

Microsoft May See Another Major Retrenchment, Says Report

The new layoffs are likely to occur in the company's hardware division and smartphone unit.

Jul 8, 2015

Crashing Chinese Markets Drag Sensex Down by Nearly 500 Points; Metal Stocks See Heavy Sell-off

Metal stocks got severely battered due to their high exposure to Chinese markets.

Jul 8, 2015

Tumbling Stock Markets Force 1,300 Chinese Companies to Halt Trading

The Shanghai Composite Index opened 7% lower on Wednesday, before paring some of its losses to trade at over 5% down.

Jul 8, 2015

Flipkart to Announce Enhanced Paternity Benefits Shortly

The online retailer will extend paternity leave to 10 days.

Jul 8, 2015

Sahara Tells Supreme Court that it Can't Refund ₹36,000 Crore to Investors in 18 Months

Sahara told the court that "no business house in the world can pay ₹36,000 crore within 18 months."

Jul 7, 2015

Jet Airways Pips Dubai's Emirates as India's Top Carrier on International Routes

Its tie-up with Etihad Airways also helped Jet Airways increase its international traffic.

Jul 7, 2015

Uber to Build 'Largest International Office' in Hyderabad: Report

Uber's new facility at Hyderabad will be a centralised response and support centre for all drivers and customers on its network.

Jul 7, 2015

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Articles by Besta Shankar

Deepening Accounting Scandal at Toshiba May Force its President, Vice Chairman to Quit

India to Save ₹ 1.50 Lakh Crore From Oversupplied Crude Oil Market

'Make in India': Foxconn to Create a Million Jobs by Setting up 10-12 Manufacturing Units by 2020

Xiaomi Plans to Set Up E-Commerce Portal, R&D Centre in Bengaluru

Housing.com Appoints COO Rishabh Gupta as Interim CEO After Ousting Controversial Rahul Yadav

Mphasis Transfers 2,000 Employees To Karvy As it Hives Off Outsourcing Business

TCS to Train 1 Lakh Employees on Digital Technologies

ICICI Bank Likely to Sell its Housing Finance Unit For ₹4,400 Crore: Report

Petrol, Diesel Price Cut on Cards?

MakeMyTrip, IRCTC Find Place in 'Fortune Next 500 Companies' in India

All Eyes on TCS as Software Firm Set to Annouce Results for June Quarter Today

Russia's Rosneft Agrees to Buy 49% Stake in Essar Oil, Shares Up

SpiceJet Likely to Cut Fares as Crude Oil Prices Fall

Microsoft May See Another Major Retrenchment, Says Report

Crashing Chinese Markets Drag Sensex Down by Nearly 500 Points; Metal Stocks See Heavy Sell-off

Tumbling Stock Markets Force 1,300 Chinese Companies to Halt Trading

Flipkart to Announce Enhanced Paternity Benefits Shortly

Sahara Tells Supreme Court that it Can't Refund ₹36,000 Crore to Investors in 18 Months

Jet Airways Pips Dubai's Emirates as India's Top Carrier on International Routes

Uber to Build 'Largest International Office' in Hyderabad: Report

Ranveer Singh touches Sanjay Leela Bhansali's feet; Sara Ali Khan, Aditi Rao Hydari radiate in ethnic outfits at reception

Omar lambasts "arrogant" Congress after BJP's historic victory; Mehbooba reacts [details]

BJP leads in 53 seats, crosses majority mark in Chhattisgarh

Ranbir Kapoor's fans burst crackers inside theatres during Animal screening; fans say 'low budget Salman Khan' fans'