Business news

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Indiabulls harasses employees opting-out of 'voluntary' deduction, no salary credited

Other employees, who have opted for a deduction in their CTC, have received their salaries.

Apr 30, 2020

RIL employee pay-cut is bad news for Indian businesses

During this unprecedented pandemic, a multi-dollar company like Reliance Industries Limited doing pay cuts is indeed worrisome; other companies will follow the trend leaving thousands affected

Apr 30, 2020

60 days for H1B visa holders will end by June: What if India doesn't lift flight ban until then?

While the US Citizenship and Immigration Services recognises that nonimmigrants may have to unexpectedly remain in the United States beyond their authorised period of stay, the clock has got ticking for H1B immigrants to leave the US by June.

Apr 29, 2020

Indiabulls group asks employees to take 20-50% pay cut, effective April 1

Meanwhile, the Indiabulls group had donated Rs 21 crore to the PM-CARES Fund to support the central government's move to combat the Covid-19 outbreak.

Apr 29, 2020

British Airways to lay off 12,000 employees as losses loom over airlines' fate

British Airways' parent IAG announced on Tuesday that it will be letting go of 12,000 of its employees as a result of the coronavirus pandemic.

Apr 29, 2020

Amazon urges Indian government to allow delivery of non-essential goods

As the lockdown cripples almost all small scale businesses, there have been accusations against e-commerce players such as Amazon on monopolising business given their robust supply chain.

Apr 28, 2020

TRAI issues recommendations, calls out BARC to bring in structural reforms to improve TRP credibility

The Telecom Regulatory Authority of India (TRAI) has issued a slew of recommendations, calling out to BARC to take them seriously and put to action the measures suggested for improved credibility, transparency, efficiency, reliability and enhanced accuracy of the audience viewership data and TRP measurement system in India.

Apr 28, 2020

Equity indices turn flat as Sensex, Nifty shed early gains

Shares of Indusind Bank surged 10 per cent following the private-sector lender's quarterly results after the bell on Monday.

Apr 28, 2020

Coca-Cola and Pepsi Products ban, Kerala Coca-Cola and Pepsi ban

Increment matlab Coca-Cola; 7-8% salary hike to 7,000 employees

Coca-Cola's company-owned bottling partner in India, HCCB has announced a salary increment to all of its direct employees despite the economic slowdown in the country.

Apr 28, 2020

Rags to riches and back, BR Shetty, NRI billionaire, until he wasn't

From rags to riches and back, the story of NRI billionaire Bavaguthu Raghuram Shetty might seem like just another one on the face of it, but there's a lot more untold and unspoken about the man who rose to fame, glory and amassed a fortune of $4.2 billion in 2018, according to Forbes. Here's unravelling the mysteries and the mistakes that led to the phenomenal rise and unbelievable fall of a sprawling empire into a debt trap.

Apr 27, 2020

Govt mulls Rs 3-lakh crore loan guarantee for small businesses, reveals report

Small businesses will be eligible for an additional 20% of their outstanding credit limit, which will be fully backed by the government.

Apr 27, 2020

What RBI's Special Liquidity Facility mean for the mutual funds industry?

The Covid-19 outbreak and the Franklin Templeton fund closure has necessitated RBI to step in and ease liquidity pressures on mutual funds by announcing Rs 50,000 crore Special Liquidity Facility.

Apr 27, 2020

Sensex up 714 points, Nifty up 2% after RBI's liquidity cushion for mutual funds

At 10.22 am, Sensex was trading at 32,038.75 points, higher by 711.53 points or 2.27 per cent from the previous close of 31,327.22.

Apr 27, 2020

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Akshaya Tritiya 2020: Jewellers take the digital route amid coronavirus lockdown

The Indian bullion market will not witness the buying fervour as seen every year on the auspicious occasion of Akshaya Tritiya due to a nationwide lockdown in place to fight the coronavirus pandemic.

Apr 26, 2020

Here's a list of relaxation norms offered by SEBI to help investors tide over the Covid-19 crisis

In the wake of the Covid-19 crisis that has brought global economies to a standstill, SEBI offers relaxation in norms for corporates, investors, stakeholders and depositors by easing restrictions in compliance requirements and thus helping them stay afloat. Let's explore.

Apr 23, 2020

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Business news

Indiabulls harasses employees opting-out of 'voluntary' deduction, no salary credited

RIL employee pay-cut is bad news for Indian businesses

60 days for H1B visa holders will end by June: What if India doesn't lift flight ban until then?

Indiabulls group asks employees to take 20-50% pay cut, effective April 1

British Airways to lay off 12,000 employees as losses loom over airlines' fate

Amazon urges Indian government to allow delivery of non-essential goods

TRAI issues recommendations, calls out BARC to bring in structural reforms to improve TRP credibility

Equity indices turn flat as Sensex, Nifty shed early gains

Increment matlab Coca-Cola; 7-8% salary hike to 7,000 employees

Rags to riches and back, BR Shetty, NRI billionaire, until he wasn't

Govt mulls Rs 3-lakh crore loan guarantee for small businesses, reveals report

What RBI's Special Liquidity Facility mean for the mutual funds industry?

Sensex up 714 points, Nifty up 2% after RBI's liquidity cushion for mutual funds

Akshaya Tritiya 2020: Jewellers take the digital route amid coronavirus lockdown

Here's a list of relaxation norms offered by SEBI to help investors tide over the Covid-19 crisis

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]