Business

As L&T Shocks IT Industry With Hostile Takeover of Mindtree, Here’s What it Means

After L&T signed a deal to acquire 20.3 per cent shares of Mindtrees’s lead investor VG Siddhartha on Monday, the IT firm’s top management reflected on the potential negative consequences…

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Mercedes-AMG C 43 4Matic Coupe Launched in India at Rs 75 Lakh

This is first ever two-door coupe in the AMG 43 line, introduced by Mercedes-Benz in India, and the C 43 4Matic Coupe can do 0-100 km/h in just 4.7 seconds.…

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Wipro Chairman Azim Premji Pledges 34 Percent of Company Shares for Philanthropy

The total value of the endowment corpus, which supports Azim Premji Foundation’s philanthropic activities, contributed by Premji has swelled to a staggering Rs 1.45 lakh crore. New Delhi: IT czar Azim…

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10 crore new jobs will be created in 8 sectors due to govt reforms, says CII; this sector will hire most

The statement assumes significance as the opposition parties have been slamming the government over lack of job creation. The recent reforms ushered in by the government are creating new livelihoods…

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Trump’s Trade Pressure On India Bad Optics At A Sensitive Time: Experts

The Trump administration notified Congress on Monday that it wants to scrap trade concessions for India, the largest beneficiary of the so-called generalized system of preferences that impacts $5.7 billion…

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Donald Trump Says Ending Preferential Trade Treatment For India

India does not plan to impose retaliatory tariffs on US goods, Commerce Secretary Anup Wadhawan said. WASHINGTON: US President Donald Trump looked set to open a new front in his trade…

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Rupee Recovers 6 Paise Against Dollar in Early Trade

The domestic unit snapped its gains of previous two sessions on Tuesday and closed 10 paise lower at 71.07 to the US dollar amid fears of escalation in tensions following…

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How Can There be No Jobs if Bengal Alone Added 9 Lakh Last Year? PM Modi Asks Opposition

PM Narendra Modi said the hollowness of opposition’s claim that nothing was being done on the job front was evident with a spurt in job growth in states like West…

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GST Council Cuts Rate On Under Construction Flats To 5%

GST Council meet: The Council also cut GST rates on affordable housing to 1 per cent from the current 8 per cent. In a big relief to home buyers, the…

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SC Holds Anil Ambani Guilty of Contempt, 3-Month Jail to Follow if Ericsson Not Paid in 4 Weeks

The top court said Anil Ambani and two directors of the company will have to pay Rs 453 crore with interest to Ericsson India within four weeks, failing which they…

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