ZOOMS 448 POINTS TO 30,750 ? The BSE benchmark trumped all closing records by hitting 30,750 with a jump of 448 points — its biggest single-day gain in over two months ? Today’s rally was the biggest since March 14 when it surged […]
NEW STRATEGY ? Infosys is the largest employer of workers under the US H1-B visa programme for skilled workers . ? H1-B visa programme has been under fire as the Trump Administration moves to tighten a range […]
HONG KONG (TIP): Alibaba Health Information Technology Ltd said on Friday controlling shareholder Alibaba Group Holding Ltd would sell HK$3.8 billion ($488.3 million) worth of health food and nutritional products businesses to the company, further developing it into Alibaba’s healthcare flagship […]
LONDON (TIP): Gold eased on Thursday as a bounce in the dollar prompted some buyers to cash in gains after its biggest one-day rally in nearly a year, though uncertainty over the outlook for the Trump presidency underpinned the metal near two-week […]
PAYMENT INFO SAFE The stolen information contains user email addresses and ‘hashed’ passwords ? No payment information or credit card data has been stolen or leaked, Zomato said in a blogpost on its website ? The company has reset passwords for all affected users […]
GM to stop selling products, focus on exports NEW DELHI (TIP): American auto major General Motors today decided to stop selling its vehicles in India as there was no turnaround in its fortunes here after struggling for over […]
TO INTRODUCE NEW FINANCIAL PRODUCTS ? The funding will help Paytm expand its soon-to-be launched payments bank operations as well as grow its user base and introduce more financial products for consumers ? SoftBank has committed investments […]
NEW DELHI (TIP): If you have Rs 65,000 to splurge on a smartphone, which one will you buy: Apple or Samsung? What if you can get a military-grade, rugged smartphone with thermal imaging that can help you see […]
Infosys to layoff employees for ‘non-performance’ BENGALURU (TIP): Infosys is likely to “fire” an unspecified number of its employees for “non-performance”, over a week after announcing on May […]
I-T Dept launches new facility to link PAN with Aadhaar NEW DELHI (TIP): The Income Tax Department has launched a new e-facility to allow a taxpayer link in “easy” steps one’s Aadhaar and Permanent Account Number (PAN), a mandatory […]
APPLE MAY DROP IPHONE SE PRICE, SELL IPHONE 5S FOR JUST RS 15,000: REPORT You may soon be able to buy the iPhone 5S for as less as Rs 15,000 courtesy a planned price drop by Apple to boost […]
SNAPCHAT’S GROWTH STALLS IN FACEBOOK’S SHADOW IN 1Q REPORT Facebook has been bent on copying Snapchat ever since the social media giant tried unsuccessfully in 2013 to buy what was then an ephemeral photo-messaging app. Now, the company behind Snapchat is hoping […]
LONDON (TIP): Britain’s multi-trillion pound system for shuffling payments and cheques will be streamlined under plans announced on Thursday to help newcomers compete more easily with long established banks and improve services to customers. Britain […]
NEW DELHI (TIP): An integrated policy is on the anvil to ramp up infrastructure at a time when India’s revenue receipts are set to touch the Rs 30 lakh-crore mark in the next two years, […]
NEW DELHI (TIP): The Ministry of Electronics and IT has notified phased manufacturing programme to boost indigenous production of mobile phones by providing tax relief and other incentives on components and accessories used for the […]
SAN FRANSISCO (TIP): Uber Technologies Inc goes before a U.S. judge on Wednesday to fight for the right to continue work on its self-driving car program, the latest phase in a courtroom battle over trade […]
BRUSSELS (TIP): The euro zone economy started the year with robust growth that outstripped that of the United States and set the stage for a strong 2017, preliminary estimates showed. The improving economy may weaken […]
WASHINGTON (TIP): In an apparent reversal of his stated position on NAFTA, U.S. President Donald Trump told the leaders of Canada and Mexico on Wednesday, April 26, that he will not terminate the NAFTA treaty […]
NEW DELHI (TIP): Embattled Sahara Chief Subrata Roy today appeared before the Supreme Court which extended his parole till June 19 with a warning that failure to pay Rs 1,500 crore, as promised, may again […]
WASHINGTON (TIP): Indian-American Avaneesh Krishnamoorthy has been charged with insider trading by the Securities and Exchange Commission (SEC). Avaneesh Krishnamoorthy, a Vice President in the risk management department of Nomura Securities, a New York-based investment […]
MUMBAI/KOLKATA (TIP): The Supreme Court’s order allowing e-auction of Taj Mansingh has paved the way for a fierce takeover battle between the house of Tatas, the country’s largest conglomerate, and ITC, the tobacco-to-hotels group, for […]
MUMBAI (TIP): Future Group will sell its labels on rival online platforms Amazon and Big Basket as part of its strategy to generate Rs 20,000 crore in sales from in-house brands by 2021 and establish […]
NEW DELHI (TIP): Reserve Bank of India (RBI) governor Urjit Patel has been asked by a parliamentary panel to appear before it again on May 25 over the demonetization issue after former prime minister Manmohan […]
NEW DELHI (TIP): With the US tightening the norms for H-1B visas under the President Donald Trump’s ‘Buy American, Hire American’ campaign, the Indian IT companies are bound to face disruptions by way of higher […]
NEW DELHI (TIP): The country’s third largest software services firm Wipro is learnt to have fired hundreds of employees as part of its annual “performance appraisal”. According to sources, Wipro has shown the door to […]
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