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HCL Technologies acquires seven IBM software assets for 1.8 billion dollar
India’s third-largest information technology services company HCL Technologies, has agreed to acquire some software assets from IBM for $1.8 billion, in one of the biggest acquisitions by an…
Good News! Mumbai-Pune helicopter service set to begin
Fly Blade Inc., the largest arranger of helicopter flights for civilian travel in the US, is all set to start its operation in India by March 2019, with services between Mumbai and Pune.…
Stock market update: Sensex, Nifty closes lower after 6-days of surge
Tracking weakness in Asian peers, the domestic stock market closed lower on Tuesday, amid concerns whether China and the US will be able to resolve trade differences. The NSE Nifty…
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Stock market update: Sensex, Nifty closes higher for sixth consecutive session
According to the stock market updates on Monday, the market finished a choppy session with mild gains, led by advances in commodities, PSU banking and infrastructure stocks. the NSE Nifty…
HUL buys GSK’s Horlicks and other brands in India for EUR 3.3 billion
After months of negotiations and a race against other global FMCG majors, the retail giant Hindustan Unilever has finally and officially emerged as the winner to bag GSK Consumer’s India…
Oil prices rise as US, China agrees 90 days truce in trade war; Qatar exits OPEC
Saad al-Kaabi- energy minister of Qatar said on Monday, that the country is withdrawing from the Organisation of the Petroleum Exporting Countries (OPEC) as of January 2019. Saad-al-Kaabi…
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Black money: Swiss government to share details of two Indian firms
Switzerland government has agreed to share details of two companies and three individuals who are facing multiple probes in India. The Swiss government has issued separate gazette…
India to host G20 summit in 2022, the nation’s 75th year of Independence: PM Modi
Prime Minister Narendra Modi on Saturday announced that the 2022 G20 summit will be held in India. The PM is currently attending the latest G20 summit in Buenos Aires, Argentina.…
GST collections witness sharp decrease to Rs 97,637 crore in November
After breaching the Rs 1-trillion-mark in October, the PM Narendra Modi-led NDA government’s Goods and Services Tax (GST) collections witnessed a sharp decrease to Rs 97,637 crore in…
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IOC reduces LPG cylinder price by Rs 6.52
On Friday, domestic cooking gas (LPG) price was cut by Rs 6.52 per cylinder on account of tax impact on the reduced market rate for the fuel. Indian Oil Corp (IOC), the country's largest…
India’s Q2 GDP growth for July-September quarter falls to 7.1%
According to reports published on November 30, this year, India’s GDP growth rate moderated to 7.1% in the September quarter (Q2) of 2018-19, from 8.2% in the June quarter (Q1). The Q2 GDP…
Ethiopia: 7 Indian IL&FS employees held hostage by unpaid staff
The expatriates in Ethiopia have claimed that they are being held hostage by local staff that haven't been paid after the shadow lender Infrastructure Leasing and Financial Services Ltd.…