Business news

Wendell Huang, VP and Chief Financial Officer of TSMC

Taiwan's TSMC cuts off supply to Huawei - its second-priority customer; here's why

TSMC has taken a short-term blow with the U.S sanctions imposed on Huawei, but believes strong demand for 5G smartphones, infrastructure and high-performance computing applications will help fuel the growth engine, despite export ban and the Covid-19 pandemic.

Jul 18, 2020

Vodafone Idea pays Rs 1,000 cr more towards AGR dues

Vodafone Idea on Saturday said that it has paid additional Rs 1,000 crore to the Department of Telecommunications (DoT) towards the AGR dues.

Jul 18, 2020

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Rs 71,229 crore worth refunds issued by I-T Department during COVID-19

Income tax refunds amounting to Rs 24,603 crore have been issued in 19.79 lakh cases to taxpayers and corporate tax refunds amounting to Rs 46,626 crore in 1.45 lakh cases to taxpayers during Covid days.

Jul 18, 2020

Who is Roshni Nadar Malhotra, the newly-appointed chairperson of HCL Group

Roshini Nadar has been appointed the new chairperson of HCL Group, replacing her father Shiv Nadar who would continue as managing director.

Jul 17, 2020

Dubai is Popular country for expand business- Ahmed Khalfan Yasin

Ahmed also wants to become a good businessman and establish his business all over the world but his choice is to start from Dubai

Jul 17, 2020

Johnson & Johnson profit tumbles 35% as COVID-19 slams medical device sales

Johnson & Johnson reported a 35.3% fall in second-quarter profit on Thursday as demand for its medical devices was hammered by hospitals putting off non-urgent procedures such as knee and hip replacement due to the COVID-19 pandemic.

Jul 16, 2020

How Kale Abrahamson and Taylor Hiott overcame their failure and built $3 million businesses

"The difference between someone who can help you and someone who can't help you is that we have learned from our mistakes," Taylor says

Jul 16, 2020

A Kid from Sri Lanka is making his debut in America

This young individual has taken initiative in launching a project to solve the energy crisis in Sri Lanka by introducing renewable energy with Akon who successfully completed a renewable energy project in Africa

Jul 16, 2020

Infosys beats profit estimates on large deal wins

The Bengaluru-based company's net profit climbed to 42.33 billion rupees ($563.8 million) from 37.98 billion rupees a year earlier.

Jul 16, 2020

Harley Cannard- Lean Mean Ecommerce Growth Machine

'Digital accelerates everything so for each day you're in it, learning and adapting, you're gaining a valuable advantage'

Jul 15, 2020

The Air India plane flying the inaugural trip from Lucknow,

Air India to send select staff on leave without pay for up to five years

Air India's board of directors have authorised its Chairman and Managing Director Rajiv Bansal to send employees on LWP "for six months or for a period of two years extendable upto five years".

Jul 15, 2020

Whether India really got new Economic technology discovered by Deepak Sharma

Humankind has no intellectual capability to convert aforesaid assets into monetary funds, therefore humankind is suffering from poverty, crony capitalism, crime and corruption.

Jul 15, 2020

Google to invest Rs 33,737 crore for 7.73% stake in Jio Platforms

With Google's investment, strategic and financial investors have committed a total of 1.52 trillion rupees in the last few months, Mukesh Ambani said at the company's annual shareholders meeting hosted via a webcast.

Jul 15, 2020

Reliance, Wipro lift Indian shares as vaccine hopes boost optimism

India's most valuable stock Reliance Industries rose about 1.1% ahead of an annual general meeting due later in the day after Bloomberg reported on Tuesday that Alphabet Inc's Google was in advanced talks to invest $4 billion in the digital arm of the conglomerate.

Jul 15, 2020

New Oracle Cloud tools to help firms build business continuity

These updates would help finance teams leverage technologies including AI, digital assistants, and analytics to enhance productivity, reduce costs and improve controls.

Jul 15, 2020