Business – Page 348 – Asian News from UK

Govt to sell 20% stake in IRCTC

The Union government has proposed to sell up to 2.40 crore shares or 15 per cent of the paid-up equity share capital of IRCRTC through the offer of sale route. It has

December 10, 2020

Business·Economy·India News

IT, Energy Stocks Pull Indices Up

Healthy buying in energy and IT sector stocks lifted the key Indian equity markets during the mid-afternoon trade session on Tuesday. Accordingly, the two key indices — NSE Nifty50 and S&P BSE

December 8, 2020

Business·Economy

India’s Poultry Sector Set To Return To Profits: ICRA

The domestic poultry industry is expected to post healthy profits during FY21 after a near washout in profits in FY20, ratings agency ICRA said. The ratings agency said that domestic poultry industry

December 8, 2020

Business·Economy

Cisco Takes Over UK’s IMImobile for $730 Mn

Global networking giant Cisco on Monday announced to acquire UK-based software firm IMImobile for $730 million, with an aim to provide a seamless end-to-end customer interaction management solution. Cisco will pay 595

December 8, 2020

Business·USA

‘Google Pay is helping India Bridge Digital Divide’

Alphabet and Google CEO Sundar Pichai on Monday stressed that growing up in India amid poor access to a computer or a phone set him on a course to build a more

December 8, 2020

Business·USA·World News

Majority of SMBs continue to report low sales: Facebook

As the world still battles the pandemic, Facebook has revealed that a substantial number of small businesses still remain closed worldwide and a majority continue to report reduced sales and employment. While

December 8, 2020

Business

World economy Lost $1 Tn to Cyber Attacks: Report

The growing cybercrime incidents now cost the world economy more than $1 trillion, or just more than one per cent of global GDP, which is up more than 50 per cent from

December 7, 2020

Business·Economy·Tech LITE

RBI bars banks from paying out dividends

The Reserve Bank of India (RBI) has asked banks to conserve capital and not make any dividend payments for financial year 2020. RBI Governor Shaktikanta Das said in his monetary policy statement

December 7, 2020

Business·Economy·India News

All states and UTs accept GST compensation formula

All the 28 states and three union territories with legislature have decided to go for the Centre-suggested compensation formula to meet the revenue shortfall arising out of the GST implementation. Jharkhand, the

December 7, 2020

Business·Economy

Pilots’ Unions Advise Against AI Employees’ Bid For Carrier

National carrier Air India’s pilots unions have advised their members not to take part in the employees bid to take over the airline via the divestment process. Accordingly, both the — Indian

December 5, 2020

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Business - Page 348