Business news

L&T Technology Services share price L&T Technology Services microsoft deal azure systems

GST rate on capital goods no game changer; impact on L&T, ABB, BHEL, Siemens, Thermax seen as minimal

The GST Council fixed the rate on capital goods at 18 percent while on coal, a key raw material, it is 5 percent. Companies dominating this industry include L&T, ABB, Siemens, BHEL and Thermax.

May 20, 2017

etihad airways, etihad investments in alitalia, alitalia files for bankruptcy, ryanair, airberlin, emirates vs etihad, jet airways, jet airways share price, naresh goyal jet airways

Etihad Airways finds investments in Alitalia, Air Berlin, Jet Airways not paying off

Picking up stakes in Alitalia, Air Berlin to drive growth does not seem to be paying off in catch-up with bigger rival Emirates.

May 20, 2017

gst rates, gst rate finalisation, gst on cars, gst on food items, gst exempt on, gst on services, arun jaitley, gst council meeting at srinagar

New GST rates leave service providers worried

The Goods and Services Tax will have rates of 5, 12, 18 and 28 percent for services such as telecoms, insurance and restaurants, and experts feel the four rate bands could complicate compliance and give more power to tax authorities.

May 20, 2017

bitcoin, bitcoin trading, bitcoin value in 2017, bitcoin trading, bitcoin and demonetisation, bitcoin in india

Bitcoin's murkier rivals line up to displace it as cybercriminals' favourite

Bitcoin addresses are anonymous, but users can be traced through IP addresses or by analysing money flows.

May 19, 2017

Play

The moment a young Mark Zuckerberg realises he has been accepted to Harvard

Mark Zuckerberg released video on 18 May of the moment he learned of his acceptance into Harvard University, where he later developed and founded Facebook. Zuckerberg said he released the video, filmed by his dad, ahead of his return to Harvard to receive his honorary degree. In the footage, he is seen in his bedroom opening an email from Harvard while dressed in his pyjamas.Yay, I got accepted, a teenage Zuckerberg says softly, before his father Edward Zuckerberg begins cheering.In the comments section on the Facebook post Zuckerberg provided some insight into the video.Before I went to college, my mom bet me Id drop out and my younger sister bet me shed finish college before me. I bet them Id get a degree. Now I suppose the cycle is complete, he wrote.

May 19, 2017

jet airways, jet airways etihad, emirates, emirates 2017 results, etihad emirates merger, gulf carriers hit by us rules, laptops banned to us flights

Jet Airways-investor Etihad Airways could merge with Emirates: Economist

Etihad holds 49 percent stake in Alitalia and 30 percent in Air Berlin.

May 19, 2017

Play

US imposes sanctions on eight Venezuela supreme court justices as violence continues

The US Treasury department announced on May 19 new sanctions on Venezuelan officials for alleged human rights abuses. The news comes as the month-long protests and deadly clashes continued against President Nicolas Maduros government.

May 19, 2017

IT layoffs: Nasscom says IT sector still hiring but warns employees to 're-skill or perish'

Nasscom revealed that the companies added about 1.7 lakh jobs in the 2016-17 period and also said that the IT giants can be expected to hire about 1.5 lakh employees this year.

May 19, 2017

rp sanjiv goenka group, cesc, cesc restructuring, cesc share price, rp sanjiv goenka group companies

RP-Sanjiv Goenka Group's CESC announces business restructuring scheme

This (the restructuring scheme) will lead to four entities focusing on generation, distribution, organised retail and other ventures," Group Chairman Sanjiv Goenka said.

May 19, 2017

Freudenberg's seven business groups generated sales of Rs 1,483 crore in India

Freudenberg has six R&D centers and 14 production sites in India.

May 19, 2017

hudco, ipo, hudco ipo, home loans, real estate, home loan interest rates, india

Hudco lists at 22% premium to issue price

The Hudco IPO was oversubscribed 79 times; the share listed at Rs 73.45 on the BSE.

May 19, 2017

muhurat trading samvat 2073 bse nse sensex nifty gainers losers trading investors gold dhanteras diwali 2016 top gainers top losers top picks

Stock markets end trading on a flat note after a day of volatile trading

State Bank of India's Q4 net profit rises 122% YoY to Rs 2,815 crore from Rs 1,264 crore.; net NPA at 3.74 percent; shares up 1.55 percent.

May 19, 2017

sbi bonus issue, sbi bonus history, sbi q4 results, sbi share price, state bank of india q4 results, sbi chairperson arundhati, sbi merger, sbi sensex

State Bank of India Q4 results: Will SBI declare bonus shares, the first in its history?

State Bank of India (SBI) will be declaring its Q4 and FY2017 results on Friday; shareholders would hope for a bonus issue, the first in the bank's history.

May 18, 2017

indian it companies, it hiring, it jobs, recruitment in it companies, infosys hiring, infosys vishal sikka, tcs hiring, h1b visa, h1 b visa, donald trump, hcl tech

Quess Corp beats TCS, Infosys, Wipro in hiring

Business services provider Quess Corp hired more than TCS, Infosys and Wipro did in 2016-17, apart from posting upbeat results.

May 18, 2017

Cisco Systems to lay off 1,100 employees as part of restructuring plan

Cisco Systems announced on Wednesday that it would lay off 1,100 employees. The company, based in San José, California, had announced 5,500 job cuts in August 2016.

May 18, 2017

Prev 121 122 123 124 125 126 127 128 129 130 Next

IBTIMES TV

Will DK Shivakumar resign? BJP looks to unsettle Karnataka coalition as IT Dept tightens screws

4 hours ago