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-
US-Iran tensions: Pakistan asks all sides to show restraint
Pakistan Thursday described the developments in the Persian Gulf as "disturbing" and asked all sides to show restraint as a miscalculated move can transmute into a large-scale conflict. -
AI to staff: Will come down heavily on sex offenders
Air India chairman Ashwani Lohani has sent a stern warning to employees that sexual harassment will not be tolerated in the airline and those guilty of doing so will be very sternly dealt with. Lohani’s warning came two days after an AI captain accused another instructor-commander of the same airline of harassment. -
Infy to give stock incentives worth Rs 10cr to CEO
India's second largest IT firm Infosys on Thursday said its board has approved an 'Expanded Stock Ownership Program 2019' that proposes to allocate five crore shares to incentivise employees based on performance. -
Infosys to give stock incentives worth Rs 10 crore to CEO Salil Parekh
India's second largest IT firm Infosys on Thursday said its board has approved an 'Expanded Stock Ownership Program 2019' that proposes to allocate five crore shares to incentivise employees based on performance. -
TCS CEO's salary rose 29% to Rs 16 cr in 2018-19
Bengaluru: TCS CEO Rajesh Gopinathan and COO NG Subramaniam were the top winners in the compensation sweepstakes in the last fiscal year. Gopinathan’s compensation (excluding stock options) rose 29% to Rs 16 crore in 2018-19. It was Rs 12.5 crore previously. Subramaniam’s remuneration was up nearly 26% to Rs 11.6 crore, from Rs 9.2 crore in the previous year. -
US blacklists Chinese telecom giant Huawei as trade dispute clouds global outlook
US blacklists Chinese telecom giant Huawei as trade dispute clouds global outlook -
Indigo co-founders Rahul Bhatia & Rakesh Gangwal in dispute, hire law firms
Indigo co-founders Rahul Bhatia & Rakesh Gangwal in dispute, hire law firms -
Times Prime to offer access to Urbanclap's packages
The country's first comprehensive lifestyle membership, Times Prime has partnered with services marketplace Urbanclap to offer subscribers free six-month access to Urbanclap’s premium beauty & wellness services and year-long access to its premium home care package. -
India Mexico inaugurate a business chamber to encourage more trade and investments
The total trade in the last 10 years has increased 240 percent out of which 75 percent came in the last 3 years since 2015. As has been reported by Financial Express Online it has gone up to $ 6.4 billion in 2016 to $ 10.16 billion in 2018. -
India faces economic slowdown; here’s what SBI suggests to revive growth
The volatile trends exhibited in the benchmark stock indices reflect that India is going through a growth slowdown, a report said. -
Yum to open 600 Taco Bell outlets in India, employ 20,000 people
Yum to open 600 Taco Bell outlets in India, employ 20,000 people -
Flat possession delayed? Claim refund after a year
In a relief to lakhs of aggrieved homebuyers who keep waiting for possession of their flats for years, the apex consumer commission has for the first time quantified the time period of delayed project and ruled that buyers will be entitled to claim refund from builders if the delay is beyond one year. -
Sensex surges 279 points; Nifty ends above 11,250
The BSE Sensex rebounded 279 points while the NSE Nifty reclaimed the 11,250 level on Thursday, propelled by gains in IT and financial stocks amid mixed global cues. -
SpiceJet launches daily Mumbai-Jeddah non-stop flight
Mumbai is SpiceJet’s third destination to be connected to Jeddah. -
Centre procures 29 mn tonne of wheat so far this marketing year
The Centre has set the wheat procurement target at 35.7 million tonne for the 2019-20 marketing year (April-March) on hopes of a record 100 million tonne production this year. -
How RBI aims to make India cashless society by 2021
With an aim to build a cashless society, the Reserve Bank of India (RBI) released a vision document to provide safe, secure, accessible and affordable e-payment systems. -
IndiGo feud: Growth strategy unchanged, says CEO
The IndiGo scrip fell sharply on Thursday, a day after reports of disagreement between the airline’s two promoters — Rahul Bhatia and Rakesh Gangwal — surfaced. The low cost carrier’s (LCC) scrip closed 8.8 per cent lower at Rs 1,466.60 on the BSE index, in one of its sharpest one-day falls after touching an intra-day low of Rs 1,450.50. -
Trump to propose merit-based immigration system
The brainchild of US Prez Trump's son-in-law, Jarred Kushner, the new plan focuses on revamping the system of Green Card so that people with merit, higher degrees and professional qualifications could get easy access to the immigration system. As of now, about 66% of the green cards are given to those with family ties and only 12% are based on skills. -
IPL 2019: Twitter witnesses record-breaking 27 million tweets
The number is a 44 per cent increase over the tweets on IPL in 2018. -
US-China trade war: Why Anand Mahindra says Chinese companies may soon increase investment in India
US-China trade war: Amid the rising trade war between the US and China intensifies, the likelihood of investment pouring in India from the world’s second-largest economy seem forthcoming, said a veteran businessman. -
Lack of innovation is #39;Achilles heel#39; for China#39;s economy, says Xi Jinping
Xi has repeatedly promised to open up the Chinese economy, including a vow at a key party meeting in 2013 to let markets play a "decisive" role in the economy, but has also called for stronger, bigger state firms. -
Facebook restricts Live feature, White House snubs call for New Zealand shooting response
Washington declined to send a delegation to the meeting hosted by French President Emmanuel Macron. -
US blacklists Chinese telecom gaint Huawei as trade dispute clouds global outlook
The US commerce department said it was adding Huawei Technologies and 70 affiliates to its “Entity List"- a move that bans the company from acquiring components and tech from US firms without govt approval. US Prez Trump earlier signed an executive order barring US companies from using telecommunications equipment made by firms deemed to pose a national security risk. -
US blacklists China's Huawei amid trade dispute
The US commerce department said it was adding Huawei Technologies and 70 affiliates to its “Entity List"- a move that bans the company from acquiring components and tech from US firms without govt approval. US Prez Trump earlier signed an executive order barring US companies from using telecommunications equipment made by firms deemed to pose a national security risk. -
Trump bars US companies from foreign telecoms posing security risk
The order signed by US Prez Donald Trump prohibits purchase or use of equipment from companies that pose "an unacceptable risk to the national security of the United States or the security and safety of United States persons." The measure announced just as a US-China trade war deepens, is widely seen as prompted by concerns over an alleged spying threat from Huawei. -
Export growth slows: Trade deficit hits 5-month high
Merchandise exports grew just 0.6% in April, the slowest since December 2018, while imports inched up 4.5%, inflating trade deficit to a five-month peak of $15.33 billion. -
IndiGo co-founders in dispute, hire law firms
The two co-founders of India’s most profitable airline IndiGo, Rahul Bhatia and Rakesh Gangwal, have hired legal firms for dispute resolution, sources said. While IndiGo did not comment, it is learnt that the differences between the two stalwarts are over Bhatia feeling that Gangwal was trying to gain greater control by bringing his own team. -
Yum to open 600 Taco Bell units, hire 20,000
American fast food company Yum Brands, which operates Pizza Hut, Taco Bell and KFC, has committed to open 600 outlets of Taco Bell in India and employ around 20,000 people. This will make India the second largest market for Taco Bell outside the US. The company has signed a master franchise agreement with Burman Hospitality led by Gaurav Burman of the Dabur group. -
Yum to open 600 Taco Bell outlets, create 20k jobs
American fast food company Yum Brands, which operates Pizza Hut, Taco Bell and KFC, has committed to open 600 outlets of Taco Bell in India and employ around 20,000 people. This will make India the second largest market for Taco Bell outside the US. The company has signed a master franchise agreement with Burman Hospitality led by Gaurav Burman of the Dabur group. -
'AdWise': 'Colleague is leaking co secrets to his wife'
Are you dealing with a tough situation at work ? Talk to us as our panel of experts will assist you in resolving your workplace related matters. You can write to us at [email protected] -
MNC tech hubs’ biz in India grows to $28bn
The market size in India for the MNC tech centre — also known as global capability centre (GCC) — touched $28.3 billion in 2018-19, compared to $19.5 billion in 2014-15, says a study by Nasscom and consulting firm Zinnov. GCCs now employ more than 1 million people — up from 7.5 lakh in 2014-15. They account for a quarter of the total workforce in the country’s tech sector. -
SoftBank to lead new $280 mn round in Grofers
Online grocer Grofers is closing a $280-million (nearly Rs 1,970-crore) funding that would see its valuation rising to around $700 million. SoftBank’s Vision Fund is leading the investment in the sixyear-old startup that competes with Alibaba-backed Bigbasket and horizontal players like Amazon India and Flipkart. -
Smartphone companies ring in price cuts
Consumers are set to be spoilt for choice as smartphone makers compete with one another with flagship launches at attractive prices. In a move unheard of in the industry, OnePlus rolled out the OnePlus 7, a successor to its popular OnePlus 6, at Rs 32,999 — 6% lower than the launch price of its previous variant and equal to the offer price at which OnePlus 6T is currently selling.
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