Business news

TCS, Infosys Come Under Scrutiny in US Over Violation of H-1B Visa Rules

The US Labour Department move comes days after it was reported that around 250 Walt Disney employees had been laid off and replaced with Indians holding H-1B visas.

Jun 12, 2015

Govt Panel Recommends Permitting Private Players To Run Passenger Trains

The panel also seeks introducing external talent to restructure the state-owned transporter drastically.

Jun 12, 2015

Tata Group Launches E-Commerce Portal Exclusively for its Employees

The $103-billion conglomerate is testing the initiative that will cover five lakh employees.

Jun 12, 2015

Foxconn Building First Apple Plant in India?

Foxconn has said it is aiming to develop 10-12 facilities in India, including factories and data centres, by 2020

Jun 12, 2015

Twitter CEO Dick Costolo to Step Down, Jack Dorsey Takes Over on Interim Basis

Costolo will be replaced by co-founder Jack Dorsey on an interim basis.

Jun 12, 2015

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Markets Hit by Delay in Monsoon, Rising Crude Oil Prices

A second year of deficient monsoon rainfall will severely affect the agricultural sector in the country.

Jun 11, 2015

Tata Sons Gets Rs 11,000 Crore Dividend Boost From TCS

The record dividend payment will help Tata Group chairman Cyrus Mistry to fulfil financial obligations in cash-strapped units.

Jun 11, 2015

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Mayweather and Pacquiao top Forbes list after megabout

Floyd Money Mayweather lived up to the hype of his own nickname topping the latest edition of Forbes list of the Worlds 100 Highest-Paid Athletes.

Jun 11, 2015

Vijay Mallya Now Left with Just 0.06% Voting Rights in United Breweries

UTI-IAS has informed the liquor baron that it has acquired 3.97% voting rights in UBL.

Jun 11, 2015

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George Osborne ready to sell off RBS at a loss

Chancellor of the Exchequer George Osborne said on Wednesday (June 10) he will seek to bind future governments to his vision of permanent budget surpluses, something only rarely achieved in modern Britain.

Jun 11, 2015