India’s second-largest Information technology (IT) firm Infosys said it plans to hire 12,000 American workers over the next two years, taking its hiring commitment in the country to 25,000 over five years. In 2017, Infosys committed to hiring 10,000 American…
The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation has released the estimates of Gross Domestic Product (GDP) for the first quarter (April-June) Q1 of 2020-21, both at Constant (2011-12) and Current Prices, along with the corresponding quarterly…
Australian Financial Review (AFR) reported that Accenture, which has over 5 lakh employees worldwide is to cut at least 5% of its low-performing workforce and thousands of Indians are set to lose jobs owing to the sluggish business the company…
Reliance Industries said on Saturday that it has agreed to acquire the retail and wholesale business and the logistics and warehousing business of Future Group in a deal valued at $3.38 billion (Rs 24,713 cr), including debt. Future group’s brands…
Walmart said it was joining Microsoft in a bid for TikTok’s U.S. assets, revealing its plans hours after the video company’s CEO said that he would step down. CEO Kevin Mayer, a high-profile former Disney executive, is leaving three months…
Now, Businesses with an annual turnover of up to Rs 40 lakh are GST exempt. Initially, this limit was Rs 20 lakh. Additionally, those with a turnover up to Rs 1.5 crore can opt for the Composition Scheme and pay…
Future Retail Ltd would be paying interest on its dollar bonds by Monday, after missing the payment deadline nearly a month ago, people aware of the development said. On 22 July, Future Retail informed BSE & NSE that it had…
ICICI Lombard General Insurance, India’s largest private non-life insurer, will acquire Bharti AXA General Insurance and merge the insurance assets of the two companies. ICICI Lombard General Insurance Co. Ltd. And Bharti AXA General Insurance Co. Ltd., on Saturday, announced…
Online food ordering platform Zomato is in the final stages of raising funds from MacRitchie Investments, a unit of Singapore’s state investment arm Temasek Holdings. The potential deal may lead to an infusion of at least $60 million into the…
It seems that the World Bank will not approve a much-needed $1.5 billion for Nigeria in August as planned due to concerns over desired reforms, sources familiar with the matter said. A delay in financing from multilateral lenders could leave…
