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Business - The Times Of India

Posted By educratsweb.comNews 👁 433 (29 Oct 2020)

Trump admin proposes to scrap lottery system to select H-1B visas


Trump admin proposes to scrap lottery system to select H-1B visas - Business - The Times Of India  IMAGES, GIF, ANIMATED GIF, WALLPAPER, STICKER FOR WHATSAPP & FACEBOOK
The Trump administration has proposed to scrap the computerised lottery system to grant H-1B work visas to foreign technology professionals and replace it with a wage-level-based selection process, a move that is expected to counter the downward pressure on the wages of US workers. [...]

Click here to Read full Details Sources @ https://timesofindia.indiatimes.com/business/international-business/trump-admin-proposes-to-scrap-lottery-system-to-select-h-1b-visas/articleshow/78924774.cms

US senate tech hearing becomes political showdown


US senate tech hearing becomes political showdown - Business - The Times Of India  IMAGES, GIF, ANIMATED GIF, WALLPAPER, STICKER FOR WHATSAPP & FACEBOOK
A US Senate hearing to reform an internet law and hold tech companies accountable for how they moderate content quickly turned into a political scuffle as lawmakers not only went after the companies but also attacked each other. [...]

Click here to Read full Details Sources @ https://timesofindia.indiatimes.com/business/international-business/who-the-hell-elected-you-us-senate-tech-hearing-becomes-political-showdown/articleshow/78924499.cms

Tatas can look at non-cash pact with SP Group: Experts


Tatas can look at non-cash pact with SP Group: Experts - Business - The Times Of India  IMAGES, GIF, ANIMATED GIF, WALLPAPER, STICKER FOR WHATSAPP & FACEBOOK
Tata Sons could explore a non-cash settlement with the estranged minority shareholder Shapoorji Pallonji (SP) Group to minimise the financial burden it faces in a dispute over valuation of the latter’s 18.37% stake, legal experts said. [...]

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Blowout US GDP report will obscure troubling slowdown


Blowout US GDP report will obscure troubling slowdown - Business - The Times Of India  IMAGES, GIF, ANIMATED GIF, WALLPAPER, STICKER FOR WHATSAPP & FACEBOOK
After the worst downturn on record, the US economy is expected to post jaw-dropping growth of between 30 and 35 per cent in the third quarter, but the headline number will obscure potential signs of trouble. [...]

Click here to Read full Details Sources @ https://timesofindia.indiatimes.com/business/international-business/blowout-us-gdp-report-will-obscure-troubling-slowdown/articleshow/78923399.cms

Samsung reclaims top slot from Xiaomi


Samsung reclaims top slot from Xiaomi - Business - The Times Of India  IMAGES, GIF, ANIMATED GIF, WALLPAPER, STICKER FOR WHATSAPP & FACEBOOK
Two years after losing the top smartphone maker crown to Xiaomi in India, Samsung has regained the top billing in the lucrative category, gathering a share of 24% in the third quarter, marginally higher than the Chinese rival’s 23%. [...]

Click here to Read full Details Sources @ https://timesofindia.indiatimes.com/business/india-business/samsung-reclaims-top-slot-from-xiaomi/articleshow/78923207.cms

Bankruptcy plan: Pramod Mittal gets creditors’ nod


Bankruptcy plan: Pramod Mittal gets creditors’ nod - Business - The Times Of India  IMAGES, GIF, ANIMATED GIF, WALLPAPER, STICKER FOR WHATSAPP & FACEBOOK
Creditors have approved a proposed individual voluntary arrangement (IVA) by Pramod Mittal, brother of one of the world’s richest men, Lakshmi Mittal, in which he is offering to pay back just £4.4 million (Rs 42 crore), after costs, of the £2.5 billion (Rs 24,000 crore) he owes them. [...]

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US investors seek reforms in IPO norms


US investors seek reforms in IPO norms - Business - The Times Of India  IMAGES, GIF, ANIMATED GIF, WALLPAPER, STICKER FOR WHATSAPP & FACEBOOK
Investors and other market stakeholders from the US have asked Sebi to bring in reforms in IPO regulations, a statement said on Wednesday. ​​​Sebi chairman Ajay Tyagi on Tuesday interacted with various stakeholders, including industry and investor associations from the US. [...]

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Airtel stock swings on foreign stake confusion


Airtel stock swings on foreign stake confusion - Business - The Times Of India  IMAGES, GIF, ANIMATED GIF, WALLPAPER, STICKER FOR WHATSAPP & FACEBOOK
[...]

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US seeks broader energy ties with India


US seeks broader energy ties with India - Business - The Times Of India  IMAGES, GIF, ANIMATED GIF, WALLPAPER, STICKER FOR WHATSAPP & FACEBOOK
Speaking at the India Energy Forum of CERAWeek, US energy secretary Dan Brouillette thanked India's oil minister Dharmendra Pradhan for playing a role in stabilising the energy markets that witnessed unprecedented volatility post breakout of the coronavirus pandemic. [...]

Click here to Read full Details Sources @ https://timesofindia.indiatimes.com/business/india-business/us-seeks-broader-energy-ties-with-india-amid-signs-of-demand-recovery/articleshow/78918816.cms

Amazon executives depose before Parliament panel


Amazon executives depose before Parliament panel - Business - The Times Of India  IMAGES, GIF, ANIMATED GIF, WALLPAPER, STICKER FOR WHATSAPP & FACEBOOK
Days after Amazon refused to appear before the parliamentary panel on data protection bill, its top executives in India on Wednesday deposed before the committee and were questioned about the company's revenue model and how much tax it pays in the country. [...]

Click here to Read full Details Sources @ https://timesofindia.indiatimes.com/business/india-business/amazon-executives-depose-before-parliament-panel-quizzed-about-revenue-tax-paid-in-india/articleshow/78917856.cms

China bought nearly 30% of Indian steel exports: Report


China bought nearly 30% of Indian steel exports: Report - Business - The Times Of India  IMAGES, GIF, ANIMATED GIF, WALLPAPER, STICKER FOR WHATSAPP & FACEBOOK
China was the top foreign buyer of Indian steel between April and September, government data showed on Wednesday, marking a rare rise in bilateral economic activity at a time of political tensions that have triggered some trade curbs. [...]

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Investors lose Rs 1.56L cr amid massive sell-off


Investors lose Rs 1.56L cr amid massive sell-off - Business - The Times Of India  IMAGES, GIF, ANIMATED GIF, WALLPAPER, STICKER FOR WHATSAPP & FACEBOOK
Investors' wealth plunged by Rs 1.56 lakh crore on Wednesday as markets witnessed a massive sell-off amid muted global sentiments.The 30-share BSE sensex plummeted 599.64 points or 1.48 per cent lower to end the day at 39,922.46 points. [...]

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Twitter services restored after brief outage


Twitter services restored after brief outage - Business - The Times Of India  IMAGES, GIF, ANIMATED GIF, WALLPAPER, STICKER FOR WHATSAPP & FACEBOOK
Micro-blogging site Twitter on Wednesday suffered a brief outage, with several users reporting that the website was facing issues on all platforms. However, services have now been restored. The social media website is not allowing users to update their news feed. The outage has impacted the web, Android and iOS applications. [...]

Click here to Read full Details Sources @ https://timesofindia.indiatimes.com/business/india-business/social-media-website-twitter-suffers-outage/articleshow/78916006.cms

Hong Kong bars AI flights for 4th time as flyers test +ve


Hong Kong bars AI flights for 4th time as flyers test +ve - Business - The Times Of India  IMAGES, GIF, ANIMATED GIF, WALLPAPER, STICKER FOR WHATSAPP & FACEBOOK
Hong Kong has for the fourth time suspended Air India flights, now till November 10, after some passengers from India tested Covid positive on arrival there. This time the ban is reportedly on flights from Mumbai alone. [...]

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International flights suspended till November 30


International flights suspended till November 30 - Business - The Times Of India  IMAGES, GIF, ANIMATED GIF, WALLPAPER, STICKER FOR WHATSAPP & FACEBOOK
The suspension of scheduled international passenger flights has been extended till November 30 amid the coronavirus pandemic, the Directorate General of Civil Aviation said on Wednesday. "However, the international scheduled flights may be allowed on selected routes by the competent authority on a case-to-case basis," the Indian aviation regulator said in a circular. [...]

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Economy accelerates in Sept as animal spirits soar


Economy accelerates in Sept as animal spirits soar - Business - The Times Of India  IMAGES, GIF, ANIMATED GIF, WALLPAPER, STICKER FOR WHATSAPP & FACEBOOK
India’s economy picked up speed in September as a revival in demand and business activity helped drive the South Asian nation toward recovery from the pandemic-induced slump. Five of the eight high-frequency indicators, including exports, tracked by Bloomberg News improved last month, while three were steady. That helped move the needle on a dial measuring the so-called ‘Animal Spirits’ to 5 from 4 in August - a level arrived at by using the three-month weighted average to smooth out volatility in the single-month readings. [...]

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How India’s biggest bank merger would stack up


How India’s biggest bank merger would stack up - Business - The Times Of India  IMAGES, GIF, ANIMATED GIF, WALLPAPER, STICKER FOR WHATSAPP & FACEBOOK
Kotak Mahindra Bank Ltd’s potential takeover of IndusInd Bank Ltd would create India’s eighth-largest lender by assets at a time when the nation is battling one of the world’s worst bad debt problems. A combination would boost its assets to Rs 7 lakh crore ($950 billion) and cement Kotak’s position as India’s fourth-largest private bank, closing the gap with Axis Bank Ltd. [...]

Click here to Read full Details Sources @ https://timesofindia.indiatimes.com/business/india-business/how-indias-biggest-bank-merger-would-stack-up-in-numbers/articleshow/78906055.cms

AI Express records highest-ever profit in FY 20


AI Express records highest-ever profit in FY 20 - Business - The Times Of India  IMAGES, GIF, ANIMATED GIF, WALLPAPER, STICKER FOR WHATSAPP & FACEBOOK
Air India Express has recorded its highest ever annual profit of Rs 413 crore in fiscal 2019-20. Founded in 2005 and currently in the process of being privatised with parent AI, the low cost airline has been reporting net profits in last five years, with 2018-19 profit being Rs 169 crore. [...]

Click here to Read full Details Sources @ https://timesofindia.indiatimes.com/business/india-business/ai-express-records-highest-ever-annual-profit-of-rs-413-crore-in-fy-20/articleshow/78912968.cms

Credit card dues eligible for govt interest relief


Credit card dues eligible for govt interest relief - Business - The Times Of India  IMAGES, GIF, ANIMATED GIF, WALLPAPER, STICKER FOR WHATSAPP & FACEBOOK
Loans against fixed deposits, bonds and shares will not be eligible for relief under the government scheme for an ‘ex gratia’ payment to borrowers of up to Rs 2 crore. However, in the case of credit card dues, the government has clarified that the outstanding as on February 29 will be eligible for relief. [...]

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Tatas eye up to 51% in Bigbasket


Tatas eye up to 51% in Bigbasket - Business - The Times Of India  IMAGES, GIF, ANIMATED GIF, WALLPAPER, STICKER FOR WHATSAPP & FACEBOOK
The Tata Group is exploring the acquisition of a large stake in Bigbasket in a deal which has the potential of being the biggest investment by a local conglomerate in a new-economy business. The salts-to-software conglomerate has discussed taking up to 51% stake in the grocery e-tailer. This will include a fresh capital infusion for business expansion besides the purchase of shares from existing shareholders [...]

Click here to Read full Details Sources @ https://timesofindia.indiatimes.com/business/india-business/tatas-eye-up-to-51-in-bigbasket/articleshow/78900677.cms
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Business - The Times Of India  IMAGES, GIF, ANIMATED GIF, WALLPAPER, STICKER FOR WHATSAPP & FACEBOOK
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