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Business

Microsoft co-founder Bill Gates leaves board

Microsoft on Friday announced that co-founder Bill Gates has left its board of directors to devote more time to philanthropy.


BSNL, Air India, MTNL highest loss-making PSUs in 2018-19; ONGC most profitable: Survey

New Delhi: ONGC, Indian Oil Corporation and NTPC were the top three profitable PSUs in 2018-19, whereas BSNL, Air India and MTNL incurred highest losses for a third consecutive year, according to a survey tabled in Parliament on Monday.

 


LATEST HEADLINES

Shehbaz Sharif says ceasefire extends beyond Iran, including “Lebanon and elsewhere”


US rules out use of nuclear weapons against Iran


US Embassy advises Americans to reconsider Hajj travel


PM's silence on Kharge's insult by Himanta is his consent: Rahul


Amid blistering heat in coastal areas, Udupi DC urges precautionary measures


RR amass 150/3 against MI in rain-truncated game


Kerala polls: Vijayan, Revanth Reddy trade barbs as campaigning ends


Two killed as bus hits motorbike


Odisha: Two girls drown while bathing in village pond


Bengaluru: CCB police busts black marketing of IPL tickets, 11 arrested


Unreserved vacancies for candidates with disabilities open for all categories: SC


Bengal polls: Mamata Banerjee backs Jyotipriya Mallick as TMC's candidate from Habra




LIC employees' union up in arms against IPO plan

Mumbai: Employees' union of LIC has strongly opposed the government's plan to sell a part of its holding in the country's largest financial institution through a public issue.

 

GDP growth rate for 2018-19 revised downwards to 6.1%

New Delhi: The government on Friday revised downwards the economic growth rate for 2018-19 to 6.1 per cent from 6.8 per cent estimated earlier, mainly due to deceleration in mining, manufacturing and farm sectors.

 

IMF trims global growth forecast for 2019 on India slowdown

Davos: The International Monetary Fund (IMF) on Monday slightly revised downwards the growth outlook for the global economy and flagged fundamental issues of reform in trade systems.

 

Amazon to invest USD 1 billion in digitising Indian small, medium business': Amazon chief Jeff Bezos

New Delhi: Amazon chief Jeff Bezos on Wednesday said the e-commerce major will invest USD 1 billion (over Rs 7,000 crore) in digitising small and medium businesses in India.

 

Growth in India projected to 'decelerate' to 11-year low of 5% in 2019-2020: World Bank

Washington: India's growth rate is projected to decelerate to five per cent in 2019-20 amid enduring financial sector issues, according to a World Bank report, which said the country's GDP was likely to recover to 5.8 per cent in the following financial year.

 

Gold prices hit lifetime high of Rs 41,730 per 10 gm, zoom Rs 720

New Delhi: Gold prices in the national capital hit an all-time high level on Monday and zoomed Rs 720 to Rs 41,730 per 10 gram following a pick-up in safe-haven demand for the metal amid weak equities and bullish global trends, according to HDFC Securities.

 

NCLAT orders reinstatement of Cyrus Mistry as Chairman of Tata Sons

New Delhi: In a big win for Cyrus Mistry, a company law appeals court on Wednesday restored him as executive chairman of Tata Sons and ruled that appointment of N Chandrasekaran as head of the holding company of over USD 110 billion salt-to-software conglomerate was illegal.

Infosys to pay USD 800,000 to settle worker misclassification, tax fraud charges

Infosys, India's top IT major, has agreed to pay USD 800,000 to settle allegations of misclassification of foreign workers and tax fraud, officials announced Tuesday.

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