Banks need to raise private capi…

Mumbai: The mounting pr…

Former soldier pens gripping tal…

  New Delhi: A retired I…

UP STF busts petrol pump racket,…

Lucknow: The Special Ta…

Government working on 'Digi Yatr…

New Delhi: Union Minist…

Five books to look forward to in…

New Delhi: On an averag…

This exhibition is a pictorial t…

New Delhi: The overwhel…

Crowds throng jewellers on Aksha…

New Delhi/Mumbai/Kolkat…

India intends to make IPR policy…

  New Delhi: India inten…

Cyprus asks India to raise its t…

New Delhi: Ahead of the…

Of brains, business and masters …

New Delhi: Read an enga…

«
»
TwitterFacebookPinterestGoogle+

Category Archives: Economic

Amazon evaded $141 million in taxes: Italy

Rome: Italian authorities on Friday opened an investigation against US online retailing giant Amazon for allegedly evading 130 million euros ($141 million) in taxes between 2011-2015. The investigation is at least the third in Italy against a big US digital company that Italian tax officials targeted in major tax probe, Xinhua news agency reported. In January,…

Read more

Canada changes entry rules for citizens of three nations

Ottawa: Canada will allow Brazil, Bulgaria and Romania’s citizens to apply for an Electronic Travel Authorisation (eTA) to fly to or transit through a Canadian airport, a ministry statement has said. Starting May 1, those citizens of these countries who have held a Canadian visa in the last 10 years or who currently hold a valid…

Read more

CEO Jack Dorsey buys $9.5 mn in Twitter stock

San Francisco: After purchasing seven million dollars worth of Twitter stock in February, CEO Jack Dorsey said he has bought another $9.5 million of the company’s stock. Dorsey posted the news of the purchase on Twitter on Friday, sparking a one per cent gain in the company’s share price in after-hours trading, TechCrunch reported. The documents…

Read more

Apple stops paying royalties to Qualcomm

New York: Apple has stopped paying royalties to contract manufacturers for phone patents owned by Qualcomm over an “unresolved issue” — a move that will hit the US-chip maker’s financial results. Apple reportedly stopped paying royalties starting with devices sold during the March quarter, CNET reported on Friday. Qualcomm is now forced to cut its expectations…

Read more

Salman, J.J. Valaya attend wedding of billionaire Binod Chaudhary’s son

Udaipur: Sri Lankan Prime Minister Ranil Wickremesinghe, superstar Salman Khan, ace fashion designer J.J. Valaya, filmmaker Muzaffar Ali were among the prominent personalities who attended the wedding of Nepalese businessman and industrialist Binod Chaudhary’s son Varun and jeweller Rajkumar Tongya’s daughter Anushree. The wedding, which took place here at Jag Mandir continuing from Friday night to…

Read more

Japan won’t make concessions in US trade talks

Tokyo:Japan will not make concessions in its negotiations with the US for a bilateral trade deal, Finance Minister Taro Aso said. Aso, who is also the deputy prime minister, warned that Tokyo will maintain a firmer stance with Washington when it comes to dealing with the future pact, following the US’ withdrawal from the Trans-Pacific…

Read more

Local mayor among six probed for Italian ski hotel disaster

Pescara (Italy): Six people including a local Mayor and a provincial Governor are under investigation over the deadly avalanche that struck a ski hotel in central Italy in January after a series of strong earthquakes, killing 29 people, prosecutors said on Thursday. Mayor of the ski resort of Farindola, Ilario Lacchetta, Pescara province’s President, Antonio Di…

Read more

Biocon net declines 62% in Q4

Bengaluru: India’s biotechnology major Biocon Ltd has posted Rs 127 crore consolidated net profit for the fourth quarter (January-March) of fiscal 2016-17 as against Rs 333 crore in the same period year ago, registering a whopping decline of 62 per cent year-on-year (YoY). In a regulatory filing on the BSE on Thursday night, the city-based pharmaceutical…

Read more

Currency shortage in UP banks, ATMs trouble people

Lucknow: People in Uttar Pradesh and in neighbouring Uttarakhand are facing a shortage of cash in banks and ATMs, six months after the old currency notes of Rs 1,000 and 500 were demonetised in the country. According to officials, they are managing with only 70 per cent of currency supply. Barring some big cities, cash scarcity…

Read more

Negative global cues pull Indian equities lower

Mumbai:Negative global cues and heavy selling pressure in banking and FMCG goods pulled the Indian equity markets lower during the early morning trade session on Friday. The wider 51-scrip Nifty of the National Stock Exchange (NSE) fell by 32.65 points or 0.35 per cent to 9,309.50 points. The barometer 30-scrip BSE Sensex, which opened at…

Read more