Business news

José Mourinho safe for now amid business as usual at Manchester United  The GuardianJosé Mourinho is safe as Manchester United manager for the immediate future, with it being business as usual for the 55-year-old despite Sunday's insipid 3-1 ...

Zlatan Ibrahimovic has unfinished business with LA Galaxy in MLS  ESPNA combination of LA Galaxy failing to make the playoffs and some of his former clubs enduring tough times led to speculation that Zlatan Ibrahimovic had kicked ...

UK aerospace firms apply for EU regulation before no-deal Brexit  The GuardianBombardier and Cobham are among more than 200 UK aerospace manufacturers which have applied to come under the jurisdiction of regulators in other EU ...

Firecracker makers see industry in limbo  Business TodaySivakasi, the hub of firecrackers manufacturing is going through a period of huge uncertainty, says K Mariappan, General Secretary of the Tamil Nadu Fireworks ...

Both companies are planning to develop an omni-channel marketplace, whereby Infibeam.com will be connected to Suvidhaa#39;s vast network of 91,000 outlets under 4,500 pin codes, a statement said.

Moving away from the tradition, deputy managing directors (DMDs) of SBI were appointed managing directors in several nationalised banks earlier this year. Now, the government has allowed vice versa, by making EDs eligible to become MDs of SBI.

The project will be completed in three phases in Sivasagar and Charaideo districts of ONGC#39;s operational areas. "Under the CSR project, 42 divyangs (differently abled) of Sivasagar and Charaideo districts who have lost their limbs will be fitted with superior quality intelligent artificial limbs," the company said in a release.

However, the UK-based luxury carmaker refused to comment on reports in a section of the UK media over the weekend that the changes under its Charge and Accelerate transformation programmes could affect thousands of workers.

The startup is a curated marketplace that exhibits and sells non-mass produced items from small entrepreneurs across the country

Telecom Secretary Aruna Sundararajan said that some states and UTs are charging up to 50 times higher fees from companies for rolling out telecom networks and it will leave people bereft of next generation services like 5G.

Also, around 57 per cent of firms hiring for AI roles are looking for candidates with over five years of experience, while the average AI experience of Indian professionals stands at a mere three years, the study by Analytics India Magazine, in association with Great Learning, an online education firm for working professionals, said.

Wadia said Tata Sons#39; allegations against him such as acting against the interests of the Tata Group; not conducting himself independently among others, have hurt his reputation.

ILFS has initiated the process of divesting its stake in the road businesses as individual assets or as a portfolio of assets, it said in a statement.

Business books recommended by Bill Gates, Barack Obama and other successful people  CNBCToday's most successful leaders, from Bill Gates to Richard Branson, have one thing in common: They're all avid readers, using books to stay sharp and in the ...

The company is in the process of reaching out to retail outlets. The product was first launched on e-commerce platforms

The bank in a regulatory filing said that as per the government guidelines for rationalisation of overseas presence, increase in efficiency and profitability of the overseas offices, it will close down branches in Guyana, Trinidad and Tobago and Ghana by June 30, 2019.

The board of IOC last week approved buyback of up to 29.76 crore equity shares, or 3.06 per cent of share capital, at Rs 149 per share aggregating to Rs 4,435 crore. It also approved payment of Rs 6,556 crore as interim dividend to shareholders.

Business leaders warn against plan to slash EU immigration to UK  The GuardianHospitality sector says Sajid Javid's reported 80% target would devastate the industry.

Credit Suisse believes there is a risk of earnings cuts to bring growth closer to historical trend and also that of P/E de-rating once these aggressive estimates do not play out

The helicopter was flown by test pilots, Wg Cdr (Retd) Anil Bhambhani and Gp Capt (Retd) M R Anand VM, the Hindustan Aeronautics Limited (HAL) said in a release here Monday.

NMDC sues Karnataka over revenue share from Donimalai mine iron ore  Business StandardNMDC Ltd on Monday filed a case against Karnataka Government for claiming for larger share of revenue from the sale of iron ore from the Donimalai mine in ...

In 2017, the bilateral trade between India and China had peaked to a historical level of USD 84.44 billion. This was up by 18.63 per cent from a year ago.

The two companies will design an ecosystem, wherein Fino will be the issuance and settlement institution of the prepaid payment instrument.

The proposed venture will be called thyssenkrupp Tata Steel BV

Rationalising the total expense ratio (TER), the fee that mutual funds (MF) collect from investors every year to manage their money, Sebi said the new fee structure would come into force from April 1, 2019.

The present BJP-led NDA government took away so-called idle small and marginal discoveries of ONGC and OIL and auctioned them to private firms under Discovered Small Field (DSF) bid rounds.

"The dialogue continues between the European Commission and Italy concerning its budgetary plan for 2019," the spokesman for the EU executive said.

The IT sector has been riding on good earnings show by the IT giants in India. The depreciating rupee is in the last few years boosted the fortunes of the technology sector

Euro zone business ended the year on a weak note, expanding at the slowest pace in over four years as new order growth all but dried up.

Google recently launched the shopping tab on its search engine and Facebook#39;s Instagram will soon bring the shopping feature in India, which is already functional in 46 countries, a company spokesperson told the paper.

The new round of funding will drive innovation for tech-enabled learning products and also fuel plans for international market expansion for BYJU#39;S, a statement said.

GE’s Power Business Is ‘Ground Zero’ as Market Awaits Rebuild  BloombergQuint(Bloomberg) -- General Electric Co. is set to close out one of its worst years since the financial crisis, and 2019 may be another precarious one.

HDFC International Life and Re is first full life reinsurer to start operations out of Dubai International Finance Centre

Sangita Reddy, Joint Managing Director of the Apollo Hospitals Group, has now been elevated as the Senior Vice President of Ficci, whereas Uday Shankar, Chairman and CEO of Star India, has joined the chamber as the Vice President.

Amalgamation of three banks is a perfect rationalisation of business: Karnam Sekar, Dena Bank  Zee BusinessKarnam Sekar, MD and CEO, Dena Bank during an interview with Swati Khandelwal, Zee Business, said, “we have adopted three processes to bring down the ...

While this may be too early to say if the turnaround attempts by the Jet Airways management are bearing fruit, the airline will be emboldened

Here are some new cars that are expected to be rolled out in India next year.

The new version comes with various features like anti-skid braking system and tubeless tyres as standard fitment.

PSBs hunt for new-age talent to grow business  Economic TimesThe likes of SBI, Bank of Baroda, Canara Bank and Syndicate Bank have just doubled their hiring plans.

The company has received approval from the US Food and Drug Administration (USFDA) to market its product which is a generic version of Eli Lilly and Company#39;s Adcirca tablets.

Karnataka plans to auction the Donimalai iron ore mine as NMDC, majority owned by the Indian government, refused to pay an additional levy on ore sales from the mine, he said.

The 5G committee of the telecom ministry has said about 6,000 Mhz of spectrum can be made available without delay for the next generation mobile service.

Welspun targets ₹1,000 crore sales from new flooring business  LivemintNew Delhi: Home textiles major Welspun Group is bullish on its new flooring venture to clock a turnover of ₹1,000 crore in the next 3-4 years on the back of its ...

The deal would make Hitachi the world#39;s largest power grid company.

Some experts also believe that trailers are an important determinant of how well a film will be received during its opening weekend.

Sterlite Copper#39;s 4,00,000 tonne per annum plant in Tuticorin met over 30 percent of the of India#39;s copper demand.

The proposed open offer is scheduled to be launched from December 18 to January 1, 2019.

The Bombay High Court has refused to order a stay on the Reserve Bank of India#39;s December 31 deadline to Kotak Mahindra Bank seeking dilution of promoter stake.

HUL, NRB Bearings, Vinati Organics, GMM Pfaudler hit new highs  Business StandardShares of Hindustan Unilever (HUL), NRB Bearings, Vinati Organics and GMM Pfaudler have hit their respective new highs. PVR, the leading Indian cinema ...

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