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Category: Business & Economics

21 April, 2017

Wipro sacks at least 600 employees after performance appraisal

NEW DELHI (TIP): The country’s third largest software services firm Wipro is learnt to have fired hundreds of employees as…

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21 April, 2017

Trump signs executive order on H1B visa review

WASHINGTON (TIP): US President Donald Trump on Tuesday, April 18, ordered federal agencies to look at tightening the H1B visa…

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18 April, 2017

Vijay Mallya arrested in London by Scotland Yard

NEW DELHI: Business tycoon Vijay Mallya, the boss of the now defunct Kingfisher Airlines, owes Rs 9,081 crore to a…

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14 April, 2017

INDIA’S RETAIL INFLATION INCHES UP TO 3.8% IN MARCH ON FESTIVAL DEMAND

NEW DELHI (TIP): Rise in the prices of sugar, confectionary, snacks and fruits pushed up India’s consumer price inflation (CPI)…

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14 April, 2017

NO SELF-CERTIFICATION? ACCOUNTS USED FOR OVERSEAS TRANSACTIONS TO BE BLOCKED

NEW DELHI (TIP): Bank accounts used for transfer of funds to and from other nations will have to provide additional…

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9 April, 2017

Wells Fargo adds Axis Bank to Express Send remittance network in India

NEW YORK (TIP): Wells Fargo & Company (NYSE: WFC) recently announced that it has added more than 2,500 Axis Bank…

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7 April, 2017

4 GST bills passed after Rajya Sabha makes no changes

NEW DELHI (TIP): Parliament on April 6 passed four GST-related bills, paving the way for the new indirect tax to…

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7 April, 2017

RBI wants to circulate new Rs 200 notes through banks

NEW DELHI (TIP): The Reserve Bank of India (RBI) is likely to decide against circulating proposed new Rs 200 banknotes…

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7 April, 2017

TRAI FORCES RELIANCE JIO TO WITHDRAW SUMMER SURPRISE OFFER

NEW DELHI (TIP): Reliance Jio on April 6 decided to withdraw its ‘Jio Summer Surprise’ offer after the Telecom Regulatory…

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7 April, 2017

Samsung tips best quarterly profit in over three years as chips soar

SEOUL (TIP): Samsung Electronics Co Ltd forecast on Friday its best quarterly profit in more than three years in the…

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7 April, 2017

Indian American Pharmaceutical Leader Sanjiv K. Patel named President and CEO of Relay Therapeutics

WASHINGTON (TIP): Dr. Sanjiv K. Patel has been named President and CEO of Relay Therapeutics, a biotech company dedicated to…

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7 April, 2017

Indian American C.J. Bhalla named Chief Financial Officer of Kaiser Permanente Northern California

SAN JOSE (TIP): Kaiser Permanente Northern California on April 3 announced that senior executive C.J. Bhalla has been selected as…

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7 April, 2017

Reforms Will Not Do India Any Good – Only A Revolution Will

The answers to our problems lie outside the system What form this revolution will take, and how much time, cannot…

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7 April, 2017

Brexit has already made UK less attractive place to do business, KPMG study says

LONDON (TIP): The UK has already become a less attractive place to do business as a result of the Brexit…

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6 April, 2017

Computer Programmer not a specialty occupation? – USCIS will Investigate, Call for RFE’s

USCIS released a policy memorandum on March 31, 2017, Recession of the December 22, 2000 “Guidance Memo on H-1B computer…

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6 April, 2017

Foreign Tech Workers On Edge As Donald Trump Cracks Down On H-1B Visa Program That Feeds Silicon Valley

The U.S. administration began to deliver on President Donald Trump's campaign promise to crack down on a work visa program…

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31 March, 2017

Google’s case against Uber just took an unexpected turn

SAN JOSE, CA (TIP): In an unexpected twist to the Uber vs Google case, lawyers for Anthony Levandowski, the star…

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31 March, 2017

Air India Washington-Delhi Service from July 7

Only Airline to offer Nonstop Flights from Washington, D.C., to Delhi, Service Will be Three Times a Week on Boeing…

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31 March, 2017

High-value funds transferred electronically could also come under scrutiny

Large cash deposits in savings bank accounts of citizens have been under scrutiny after the government scrapped high-value banknotes from…

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31 March, 2017

SAMSUNG LAUNCHES GALAXY S8, S8+, DEX, NEW GEAR 360 AND CONNECT HOME

NEW YORK (TIP): Samsung on March 29 (Wednesday) launched its flagship smartphones – the Galaxy S8 and S8+ – alongside…

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31 March, 2017

SBI RAISES $500 MN IN 3-YEAR DOLLAR DEBT

MUMBAI (TIP): India’s largest lender State Bank of India has raised $500 million in forex debt in three-year dollar money…

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31 March, 2017

INDIA MUSCLES ITS WAY TO GLOBAL ENERGY’S HIGH TABLE

NEW DELHI (TIP): India's energy muscle was on full display when oil minister Dharmendra Pradhan and power, coal, renewable energy…

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31 March, 2017

India, Korea to cooperate on startups, tech transfer

NEW DELHI (TIP): India and South Korea today agreed to deepen cooperation among their small and medium enterprises through technology…

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31 March, 2017

DEALERS OFFER BS-III TWO-WHEELERS AT STEEP DISCOUNTS

CHENNAI (TIP): Planning to buy a two-wheeler? The next two days before the weekend may be the best time to…

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31 March, 2017

SNAPDEAL SEARCHES FOR FUNDS, TAKEOVER SPECULATION GROWS

HONK KONG/MUMBAI (TIP): Indian online retailer Snapdeal is seeking investment to shore up its finances after unsuccessful talks with Chinese…

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17 March, 2017

Dominar helps Bajaj Auto race past Royal Enfield

NEW DELHI (TIP): Within three months of entering into the fast-expanding 350-cc-plus motorcycle segment with its premium sports bike Dominar,…

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17 March, 2017

WhatsApp, Telegram patch flaws in instant messaging apps

SAN FRANCISCO (TIP): WhatsApp and Telegram patched flaws in their popular instant messaging applications after security researchers showed that they…

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17 March, 2017

GST Council caps cess on demerit goods at 15%

NEW DELHI (TIP): With the Goods and Service Tax (GST) Council on Thursday approving the remaining two draft bills- UTGST…

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10 March, 2017

China wants ‘BRICS plus’ to include ‘friendly’ countries, plan might hurt India’s interests

China's Foreign Minister Wang Yi has come up with the idea of extending the remit of BRICS by inviting other…

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10 March, 2017

JAPAN SAYS NO BARRIERS TO AUTO IMPORTS AFTER US FIRES TRADE SALVO

TOKYO (TIP): Japan on Friday rejected U.S. demands for more access to Japan's auto market, saying the government has already…

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