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The United States and Saudi Arabia Sign Military Deals Worth Almost $110 Billion

The United States on Saturday (May 20) announced military deals worth nearly $110 billion, during a visit by President Donald Trump to Saudi Arabia. Business leaders on both sides were keen to demonstrate their talks had been a success, so there was an element of showmanship in the huge numbers.

May 20, 2017

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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

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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

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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

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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

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Business news

The United States and Saudi Arabia Sign Military Deals Worth Almost $110 Billion

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

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

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

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

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

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

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

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

Hudco lists at 22% premium to issue price

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

Quess Corp beats TCS, Infosys, Wipro in hiring

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

JSW Steel Q4 net profit rises three-fold, revenues up 60%

Hindustan Unilever net profit, revenues rise modestly for March quarter