Search Results for: IT sector

Bhushan Steel ex MD Neeraj Singhal arrested for siphoning funds worth Rs 2,000 cr

The investigating team stated that the ex-MD was guilty under Companies Act, 2013.

Aug 10, 2018

atf prices in india, jet fuel prices in india, air india stake sale, air india market share, air india losses, spicejet, indigo

Sigh of relief for debt-ridden Indian airline sector; government may allow external funding

The aviation ministry has sought for a cap of $500 million (Rs 34.5 billion) for a single company and $1 billion (Rs 69 billion) for the entire aviation sector.

Aug 9, 2018

7th pay commission 7th cpc north block finance ministry delhi modi government

Major boost to government's fiscal deficit target; RBI to pay Rs 500-bn dividend for FY18

With the country heading towards next general election, the governments are likely to spend only with immediate benefits in mind.

Aug 9, 2018

Jet Airways layoffs: After pay cut plans failed to materialise, airline letting go 500 staffers?

Jet Airways is reportedly mulling handing out pink slips to about 500 of its ground personnel. Not just that, the airline may also reportedly reorganise and trim the cabin crew on its Boeing and Airbus fleet and terminate the contract of its senior crew members.

Aug 9, 2018

Walmart's Flipkart acquisition for $16 billion cleared by Competition Commission of India

Bentonville, Arkansas-based Walmart announced in May it was acquiring about 77 percent of Flipkart for roughly $16 billion in the biggest deal for India's e-commerce sector, which Morgan Stanley estimates will grow close to an annual $200 billion in a decade.

Aug 9, 2018

RBI tightens grip on non-compliant NBFCs; cancels 368 licences

The financial stability report made by the Reserve Bank of India stated that the aggregate balance sheet size of the NBFC sector stood at Rs 22.1 trillion as of March 31.

Aug 8, 2018

imf on india, imf report on india, india to overtake germany, india to surpass germany, india as 4th largest economy, imf on gst implementation, modi govt

IMF calls for privatisation of Indian banks; warns against government ownership

The International Monetary Fund affirmed the significance of a comprehensive plan to improve the governance, internal controls, and operations of public sector banks, which also included privatisation of the public sector banks.

Aug 8, 2018

Who is Swaminathan Gurumurthy? Centre appoints RSS confidant to the RBI board

Gurumuthy is an economist by profession, a chartered accountant, and a commentator on political and economic affairs who is associated with the right-wing Rashtriya Swayamsevak Sangh.

Aug 8, 2018

US finalises next China tariff list targeting $16 billion in imports

The latest $16 billion list will hit semiconductors from China, even though many of the basic chips in these products originate from the United States, Taiwan or South Korea.

Aug 8, 2018

India needs to tighten monetary policy to curb inflation, says IMF

The inflationary pressures were mainly driven by higher oil prices and a falling rupee.

Aug 8, 2018

DMK's Karunanidhi and Congress leader Sonia Gandhi

The Karunanidhi clan: Wives, sons, daughters, their wealth and what they do

Anyone who is even remotely aware of the influence the Karunanidhi family enjoys would know that their power goes far beyond politics of DMK and extends deep into the Tamil film and entertainment industry.

Aug 7, 2018

Privacy alert: Why is Facebook seeking bank details of customers from major US banks?

Facebook might have clarified it has no intention of using the personal bank data for anything apart from offering a smooth banking experience via Messenger, but news of the company seeking personal bank details of users is bound to raise concerns, especially after the Cambridge Analytica scandal.

Aug 7, 2018

Transport strike: Cities brace for commuting woes as drivers protest against Motor Vehicles Amendment Bill

The All India Motor Transport Organisation has called for a bandh to protest against the proposed amendment to the Motor Vehicle Bill and rise in fuel prices. While state organisations were expected to participate, several autos, buses and app-based have been plying as usual in many cities.

Aug 7, 2018

PM Modi hailed as 'most influential statesman of modern India'; But is Modi-fication really working?

A Chinese daily says how people perceive Modi's policies will decide the course of the 2019 general elections and the direction the country will take.

Aug 4, 2018

jet airways, jet indian pilots, jet expat pilots, jet airways share price, National Aviator's Guild

Jet Airways refutes reports of pay cuts and stake sale, calls them 'factually incorrect' and 'malicious'

Jet Airways CEO Vinay Dube on Friday, August 3, said that the carrier wasn't facing issues and was consistently taking up several measures to cut costs without affecting the employees. He added that the reports of pay cuts and stake sale were not just "factually incorrect, but also malicious."

Aug 4, 2018

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Search Results for: IT sector

Bhushan Steel ex MD Neeraj Singhal arrested for siphoning funds worth Rs 2,000 cr

Sigh of relief for debt-ridden Indian airline sector; government may allow external funding

Major boost to government's fiscal deficit target; RBI to pay Rs 500-bn dividend for FY18

Jet Airways layoffs: After pay cut plans failed to materialise, airline letting go 500 staffers?

Walmart's Flipkart acquisition for $16 billion cleared by Competition Commission of India

RBI tightens grip on non-compliant NBFCs; cancels 368 licences

IMF calls for privatisation of Indian banks; warns against government ownership

Who is Swaminathan Gurumurthy? Centre appoints RSS confidant to the RBI board

US finalises next China tariff list targeting $16 billion in imports

India needs to tighten monetary policy to curb inflation, says IMF

The Karunanidhi clan: Wives, sons, daughters, their wealth and what they do

Privacy alert: Why is Facebook seeking bank details of customers from major US banks?

Transport strike: Cities brace for commuting woes as drivers protest against Motor Vehicles Amendment Bill

PM Modi hailed as 'most influential statesman of modern India'; But is Modi-fication really working?

Jet Airways refutes reports of pay cuts and stake sale, calls them 'factually incorrect' and 'malicious'

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]