ET Award 2019: No more will India stand with weak knees, says Goyal

India will stoutly promote the interests of domestic industry and adopt a more proactive approach to secure a mutually beneficial deal in trade negotiations, whether it is with the United States or a regional bloc, Piyush Goyal, Union minister for commerce and industry, and railways, said. “When we do FTAs, when we talk about the … Read more ET Award 2019: No more will India stand with weak knees, says Goyal

Companies need to do a lot more: Rishad Premji

BENGALURU: Indian companies need to do more to run their businesses fairly and ethically, benefiting all stakeholders, even as they look to increase their contribution to society and the environment, said Wipro chairman Rishad Premji. “On the whole I don’t think the business sector is doing enough – we must do a lot more – … Read more Companies need to do a lot more: Rishad Premji

Tata Comm appoints Amur S Lakshminarayanan as MD & CEO

NEW DELHI: Tata Communications on Tuesday said it has appointed Amur Swaminathan Lakshminarayanan as its managing director and CEO. The appointment comes following resignation of Vinod Kumar from the post in July. “The Board of Directors of Tata Communications has today appointed Amur Swaminathan Lakshminarayanan as Managing Director and Chief Executive Officer of the company … Read more Tata Comm appoints Amur S Lakshminarayanan as MD & CEO

Titan & Nestle India to enter Sensex; YES Bank, Tata Motors exit

NEW DELHI: YES Bank, Vedanta, Tata Motors and Tata Motors DVR will exit benchmark Sensex to make way for Titan Company, UltraTech Cements and Nestle India. The changes will be effective December 23, Asia Index said on Friday. Asia Index is a 50-50 partnership between S&P Dow Jones Indices and the BSE. The index provider … Read more Titan & Nestle India to enter Sensex; YES Bank, Tata Motors exit

Govt’s Rs 25,000 crore realty booster lifts Sensex to new record high

NEW DELHI: Government’s Rs 25,000 crore plan to revive the sluggish real estate sector cheered the traders on Thursday as domestic equity markets opened with gains. In a huge relief for affected homebuyers, the government cleared a Rs 25,000 crore alternative investment fund (AIF) in which the government will contribute Rs 10,000 crore. The special … Read more Govt’s Rs 25,000 crore realty booster lifts Sensex to new record high

Income tax department cancels registration of six Tata Trusts

MUMBAI: The income tax department has cancelled registration of six Tata Trusts, including Jamsetji Tata Trust, R.D. Tata Trust and Tata Education Trust, following their decision to surrender the same. The Tata Trusts said the cancellation was a culmination of the decision taken by these six Trusts in 2015 to surrender their registration and to … Read more Income tax department cancels registration of six Tata Trusts

TCS plans to remove digital classification from its business

MUMBAI: Tata Consultancy Services (TCS) plans to remove the digital classification in its business from next fiscal as components of its digital services portfolio are increasingly becoming a part of most deals won recently, top executives said. Digital services such as artificial intelligence, analytics and blockchain are now integrated into most digital transformation projects for … Read more TCS plans to remove digital classification from its business

Ratan Tata Joins Instagram; Fans Call It The “Best Diwali Gift”

New Delhi:  To the delight of his fans, Ratan Tata, Chairman Emeritus of Tata Sons, on Wednesday joined Instagram and within a couple of hours, garnered over 85,000 followers. The first post from the 81-year-old industrialist who has not been very active on social media gained nearly 50,000 likes within no time. “I don’t know … Read more Ratan Tata Joins Instagram; Fans Call It The “Best Diwali Gift”

F&O: Nifty crosses consolidation band at 11,550-11,700; VIX moves up 5.39%

By Chandan Taparia Nifty50 opened flattish on Tuesday but witnessed strong buying momentum throughout the session to extend its gains towards the 11,810 mark. It formed a bullish candle on the daily scale, as followup buying emerged at higher levels. The index managed to surpass its consolidation band between 11,550 and 11,700 levels after six … Read more F&O: Nifty crosses consolidation band at 11,550-11,700; VIX moves up 5.39%

Indian banks should exploit untapped potential in Islamic banking: Experts

Indian and foreign banks should exploit Islamic banking’s untapped potential to ensure the financial inclusion of “unbanked” populations excluded by the existing financial system, several experts have said. Islamic banking is a finance system based on the principles of not charging interest, which is prohibited under Islam. “Research shows that the Islamic finance sector continues … Read more Indian banks should exploit untapped potential in Islamic banking: Experts

I am afraid people have no idea of the full impact of Brexit once it takes place: Mark Mobius

Post Brexit, India can become, to a large extent, not only the back office but the front office and the manufacturing centre for the UK, says Mark Mobius, Founding Partner, Mobius Capital Partners. Excerpts from an interview with ETNOW. Brexit deal is finally through. It had looked like there is going to be a hard … Read more I am afraid people have no idea of the full impact of Brexit once it takes place: Mark Mobius

Infosys stays on track to clock double-digit top line growth

ET Intelligence Group: The September 2019 quarter performance of Infosys affirms that the country’s second-largest software company appears to be on course to report a double-digit growth in dollar-denominated revenue for the current fiscal. This would be after a gap of six years — the last time it had reported a double-digit growth was back … Read more Infosys stays on track to clock double-digit top line growth

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