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Sectors and stocks in focus as Donald Trump set to become 47th US president

Sectors and stocks in focus as Donald Trump set to become 47th US president

Wed, Nov 06, 2024

Markets react positively as Donald Trump looks set to become the 47th US President, with analysts focusing on key sectors like banking, energy, and IT amid currency fluctuations and bond yield shifts.

Air India to cancel around 60 flights on India-US routes in Nov-Dec due to non-availability of aircraft

Air India to cancel around 60 flights on India-US routes in Nov-Dec due to non-availability of aircraft

Thu, Oct 31, 2024

The flights, which have been cancelled during the peak travel period, include services to San Francisco and Chicago, among others, the source said.

Indian Travelers Beware: Police Intensify Action on Counterfeit Products

Indian Travelers Beware: Police Intensify Action on Counterfeit Products

Thu, Jun 20, 2024

Big news for Indians going to US, police strictness on carrying fake products of big brands. See complete details in this video.

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Cognizant layoff plea closed in favour of sacked staff, says Telangana Joint Labour Commissioner Chandra Shekaram

Cognizant layoff plea closed in favour of sacked staff, says Telangana Joint Labour Commissioner Chandra Shekaram

Sun, May 28, 2017

On the Cognizant layoff case, Telangana Joint Labour Commissioner Chandra Shekaram said on Saturday that the case has been closed in favour of employees and the company has been asked to hold talks one-on-one to resolve the issue.

Natural gas production no longer profitable business, says ONGC chairman & MD Dinesh K Sarraf

Natural gas production no longer profitable business, says ONGC chairman & MD Dinesh K Sarraf

Sat, May 27, 2017

ONGC's head Dinesh K Sarraf has said that producing natural gas is no longer a profitable business for the company as the government-mandated gas price is significantly below the cost of production.

US economy slowed less than expected in Q1; outlook cloudier

US economy slowed less than expected in Q1; outlook cloudier

Sat, May 27, 2017

The US economy has slowed less than expected in the first quarter (Q1) and the softening business investment and moderate consumer spending are clouding expectations of a sharp acceleration in the second quarter (Q2).

Honda Cars expects higher growth than automotive sector in FY18

Honda Cars expects higher growth than automotive sector in FY18

Sat, May 27, 2017

Honda Cars has said that the company is positive on its cars sales growth in India and it's likely to grow better than the growth rate of the automotive sector in the current fiscal.

Indian Hotels Co MD & CEO Rakesh Sarna quits on personal reasons

Indian Hotels Co MD & CEO Rakesh Sarna quits on personal reasons

Sat, May 27, 2017

Indian Hotels Company has announced on Friday that its managing director and chief executive officer (CEO) Rakesh Sarna has resigned from the company on account of personal reasons with effect from September 30 this year.

H-1B Visa: US Congress introduces bill seeking exemption for foreigners with American PhD

H-1B Visa: US Congress introduces bill seeking exemption for foreigners with American PhD

Sat, May 27, 2017

US Congressmen Erik Paulsen and Mike Quigley have introduced a bill that seeks exemption for foreign-born persons with an American PhD in science, technology, engineering or mathematics from the limits on the number of employment-based green cards and H-1B visas awarded annually.

Over 30,000 Indians overstayed in US in 2016, says Department of Homeland Security report

Over 30,000 Indians overstayed in US in 2016, says Department of Homeland Security report

Tue, May 23, 2017

According to the Department of Homeland Security (DHS) latest report, more than 1.4 million Indians who entered the US were expected to leave the country in 2016, but more than 30,000 overstayed.

Ford replaces CEO Mark Fields with James Hackett as challenges mount

Ford replaces CEO Mark Fields with James Hackett as challenges mount

Mon, May 22, 2017

Ford Motor Co on Monday announced replacing present chief executive officer (CEO) Mark Fields with James Hackett on account of growing concerns among investors over the US carmaker`s stock performance and prospects.

Gitanjali Gems among 3 Indian brands in world's top 50 luxury goods cos list

Gitanjali Gems among 3 Indian brands in world's top 50 luxury goods cos list

Sun, May 21, 2017

Three Indian brands namely Gitanjali Gems, Titan and PC Jeweller have been named in the list of top 50 luxury goods firms globally that was topped by Louis Vuitton.

Earnings, global cues to set trend this week; stocks may see volatility

Earnings, global cues to set trend this week; stocks may see volatility

Sun, May 21, 2017

Indian stock markets this week are likely to witness volatility in the midst of derivatives expiry, global cues alongwith quarterly earnings of blue-chips such as Tata Motors, ITC, and Sun Pharma.

US regulators open probe into recall of nearly 1.7 million Hyundai, Kia vehicles

Sat, May 20, 2017

The US safety regulators have opened a probe into the recall of nearly 1.7 million Hyundai Motor Co and affiliate Kia Motor Corp US vehicles for engine problems and the National Highway Traffic Safety Administration (NHTSA) could impose fines if it determines the recalls were not conducted properly.

H-1B visas for Indian IT professionals would not come down: Nirmala Sitharaman

H-1B visas for Indian IT professionals would not come down: Nirmala Sitharaman

Sat, May 20, 2017

Commerce Minister Nirmala Sitharaman has said on Saturday that the number of H-1B visas for Indian IT professionals would not come down adding further that the US is correcting its present lottery system of awarding visas.

Rupee appreciation likely to hurt margins of TCS, Infosys, others in Q1 FY18: Experts

Rupee appreciation likely to hurt margins of TCS, Infosys, others in Q1 FY18: Experts

Sat, May 20, 2017

The appreciation of Indian rupee is likely to hurt margins of Indian IT companies likes TCS, Infosys, Wipro, among others Q1 of FY18 as their services are billed in global currencies mainly in the US dollar and strengthening of the currency will lower their export earnings.

Economy class air travel set to become cheaper from July 1; Govt fixes tax rate at 5%

Economy class air travel set to become cheaper from July 1; Govt fixes tax rate at 5%

Sat, May 20, 2017

The economy class air travel in airlines is set to become cheaper while the business class will become dearer with the implementation of GST from July 1 as the government has lowered the tax rate on air fares of economy class while it has increased the tax rate on air fares of business class.

Macro economic data has reached new heights in last 3 years, says HDFC's VC & CEO Keki Mistry

Macro economic data has reached new heights in last 3 years, says HDFC's VC & CEO Keki Mistry

Tue, May 16, 2017

HDFC's VC and CEO Keki Mistry in an one-on-one interview with Zee Business said that India is poised to be amongst the most significant economic countries in the world along with China and US.

Mumbai beats Delhi & Bengaluru in global luxury homes market; registers 1.1% in 12-month period

Mumbai beats Delhi & Bengaluru in global luxury homes market; registers 1.1% in 12-month period

Tue, May 16, 2017

India's financial capital Mumbai has recorded 1.1% price growth in luxury homes market during the 12-month period between March 2016 to March 2017, said Knight Frank report.

Fashion e-commerce firm Fynd raises about $500K as follow-up funds from Rocketship

Fashion e-commerce firm Fynd raises about $500K as follow-up funds from Rocketship

Mon, May 15, 2017

Online to offline (O2O) fashion company Fynd on Monday announced that the company has raised follow-up funds about $500,000 from the US company Rocketship to strengthen its technology and optimise operations with an aim to provide new offerings to its customers.

'IT to layoff up to 2 lakh engineers annually for next three years'

'IT to layoff up to 2 lakh engineers annually for next three years'

Sun, May 14, 2017

According to recruitment consultancies, the Indian IT sector is likely to witness layoffs between 1.75 lakh and 2 lakh annually for next three years due to under-preparedness in adapting to newer technologies.

Layoffs in Indian IT may continue for 1-2 years: Experts

Layoffs in Indian IT may continue for 1-2 years: Experts

Sun, May 14, 2017

Indian IT industry is likely to witness a layoff of employees for the next one to two years on account of the sector demanding employees upgradation of skills in digitisation and automation.

IT Job Market: Nearly 2 lakh jobs at stake at Infosys, Cognizant, others as cos step-up American hiring

IT Job Market: Nearly 2 lakh jobs at stake at Infosys, Cognizant, others as cos step-up American hiring

Sat, May 13, 2017

According to the news report, nearly two lakh jobs are at stake, with big-ticket companies like Infosys, Cognizant, Wipro, Tech Mahindra, others as they looking to hand over pink slips to incumbent employees and hire fewer talent.

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