Shares of Sun Pharmaceutical Industries Ltd slumped over 13% today to near six-year low, after a media report of a…
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SoftBank to pick up 42% in FirstCry for $400 m
NEW DELHI | MUMBAI: SoftBank is set to invest $400 million for an over 40% stake in BrainBees Solutions, which…
Facebook brings India on par with Menlo Park
Mumbai: Facebook, in a major overhaul of business structure, has carved out India as a separate region with a six-member board…
Microsoft pledges $500 million to boost affordable housing in Seattle
Microsoft Corp. said it will spend $500 million to develop affordable housing in the Seattle area, responding to a growing…
Government eases process for startups to seek tax exemption on angel fund investments
The government has eased the procedure for seeking income tax exemption by startups on investments from angel funds and prescribed…
Sonal Dabral, Reed Collins to head Ogilvy APAC’s team
New Delhi: WPP Plc, world’s largest communications group, on Tuesday announced that Sonal Dabral and Reed Collins will head its…
Strong case to revisit ‘restrictive’ FDI retail policy: Report
Mumbai: Domestic ratings agency Icra has said there is a “compelling case” to revisit the “restrictive” retail foreign direct investment…
Apple demanded $1 billion for chance to win iPhone: Qualcomm CEO
San Jose: Qualcomm sought to become the sole supplier of modem chips for Apple’s iPhone to recoup a $1-billion “incentive payment”…
FinMin considers steps to prevent composition dealers from charging GST from buyers
NEW DELHI: In a consumer-friendly measure, the revenue department is planning to make it mandatory for composition dealers and service…
bank strike employees union sbi bank of baroda cheques rbi
New Delhi: As several PSU banks were closed for two days this Tuesday and Wednesday to protest against government policies,…