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SBI launches Japan Desk to aid FDI inflow
New Delhi, Feb 16: In a major move to attract foreign investment worth $30 billion from Japan in the short term, the State Bank of India on Tuesday launched its Japan Desk here as a single nodal point catering to Japanese corporates.…
SC seeks list of companies in default of over Rs.500 crore loans
New Delhi, Feb 16: The Supreme court on Wednesday asked the Reserve Bank of India to furnish a list of the companies which are in default of loans by the banks and financial institutions in access of Rs.500 crore or whose loans have been…
CBDT resolves disputes to the tune of Rs 5000 Cr under MAP of Tax Treaties
Since 1st April, 2014 till date, the Central Board of Direct Taxes (CBDT) has resolved 180 cases through a Mutual Agreement Procedure (MAP). The total amount of income locked- up in dispute in these cases is approximately Rs. 5,000 crore.…
Australian mining company finds 404-carat diamond
Perth, Feb 16: A West Australian mining firm has found a record breaking 404-carat diamond believed worth over $14 million.
According to reports on Tuesday, the Lucapa Diamond Company, based in Perth but operating in the African nation…
TCS emerges as top UK employer for second time
Mumbai, Feb 15: IT services company Tata Consultancy Services (TCS) said on Monday it has been named the United Kingdom's top employer for the second consecutive year by Top Employer Institute.
"We are delighted to have been awarded the…
Short-covering buoys equity markets, BSE Sensex gains 568 Points
Mumbai, Feb 15: Short-covering, coupled with value buying and positive global indices buoyed the Indian equity markets on Monday.
Consequently, a barometer index of the Indian equity markets provisionally closed the day's trade up 568…
Aasaanjobs raises $5 million in Series A funding
New Delhi, Feb 15: Online marketplace for recruitment, Aasaanjobs has raised $5 million in Series A round of funding led by Aspada Advisors with participation from existing investors.
This was a follow-up from the seed round where the…
BenQ top projector seller in Indian market
New Delhi, Feb 15: Smart and digital lifestyle innovations provider BenQ has once again rated as the top player in the Indian projector market.
It had over 22 percent market share for 2015, said a report by market research and consulting…
IT continues to be highest paying sector
Bengaluru, Feb 15: Leading online job portal Monster.com on Monday said the information technology (IT) sector continues to be the highest paying in India among Banking Financial Services and Insurance (BFSI) and manufacturing sectors.…
Ratan Tata invests in retail-tech start-up SnapBizz
New Delhi, Feb 15: Retail technology start-up SnapBizz said on Monday it has raised funding from Ratan Tata, the chairman emeritus of Tata Sons.
"We are privileged to have Ratan Tata as an investor at SnapBizz. As one of the most…