Browsing Category
Business
Anxiety over Q2 depresses Markets; BSE Sensex down 156 Points
Mumbai, Oct 12: Investor-anxiety over the ongoing quarterly results season subdued Indian equity markets leading to a barometer index shedding 156 points or 0.58 percent during the mid-afternoon session on Monday.
Initially, both the…
Infosys ups guidance on Robust Growth in Second Quarter
Bengaluru, Oct 12: Buoyed by a robust revenue growth in the second quarter (July-September), software major Infosys on Monday revised its guidance for this fiscal (2015-16) two percent upwards in rupee terms under the Indian accounting…
‘Smart’ robot phone that can dance if you wish
Tokyo, Oct 12: Japanese multinational corporation Sharp has announced the world's first “robot phone” that fits in your pocket. Called “RoboHon”, it can take calls, dance, project photos, display maps and much more. The touchscreen is…
Vodafone India to launch 4G services in Mumbai
New Delhi, Oct 12: Vodafone India on Monday announced it will launch its 4G services in Mumbai by December. "We are the leading service provider in Mumba,i and our customers have a lot to look forward to. We are excited to launch our new 4G…
South Korean Currency surges against US Dollar
Seoul, Oct 12: The South Korean currency surged against the dollar on Monday on expectations that the US central bank may delay its interest rate hike to early next year. The Fed's first rate hike this year is "an expectation, not a…
M.D. Ranganath replaces Rajiv Bansal as Infosys CFO
Bengaluru, Oct 12: Infosys chief financial officer (CFO) Rajiv Bansal has resigned, the global software major said on Monday. "Bansal has informed the company of his intention to resign. He will be replaced by M.D. Ranganath at the close of…
‘Two percent global GDP lost to Corruption every year’
Lima, Oct 12: Around $1-1.5 trillion or around two percent of global GDP, are lost to corruption every year, president of the Natural Resource Governance Institute (NRGI) has said. Speaking at a panel on integrity in public governance…
Govt seeks comments on GST Draft Business Processes on GST
New Delhi, Oct 12: In a move to engage with stakeholders and invite public comments on Goods and Services Tax (GST) issues, draft business processes on GST registration, refunds and payments has been put on the web and comments invited…
India’s Current Account Deficit down to 1.3% of GDP: Jaitley
Lima, Oct 10: Indian Finance Minister Arun Jaitley on Saturday said the country's current account deficit has come down substantially to around 1.3 percent of GDP in 2014-15, as against around 4.8 percent two years earlier.
Besides, he…
Bond Market Reforms, Rate Cut buoys India’s Forex Reserves
Mumbai, Oct 10: Increased inflows of foreign funds and rise in value of gold reserves added $827.4 million to India's foreign exchange (Forex) kitty, experts said on Saturday.
Overall, the Forex reserves stood at $350.80 billion for the…