Saturday 17 March, 2018

At $40bn, Mukesh Ambani richest among 121 billionaires in India: Forbes

New York, March 7 (IANS) India has 121 billionaires — 19 more than last year — making them the third largest group of the ultra-rich after those from the US and China, according to Forbes, the business magazine that produces an [...]

Ambani scion Akash to be betrothed to diamantaire’s daughter Shloka?

Mumbai, March 4 (IANS) Wedding bells may soon be ringing in the country’s premier business family. According to reliable sources, Mukesh Ambani’s eldest son Akash may soon be betrothed to Shloka, the youngest daughter of Russell [...]

Google sued for ‘hiring discrimination’ against white, Asian males

San Francisco, March 3 (IANS) Google has been sued by a former YouTube employee for allegedly pressuring recruiters to only look for female and Latina applicants and that the video-sharing platform had last year stopped hiring White and Asian [...]

Part of Nirav’s money trail leading to Delaware, says ED source

New Delhi, Feb 27 (IANS) The Enforcement Directorate (ED), looking at the money trail related to jeweller-designer Nirav Modi, have found it leading to the Delaware state in the United States. “The agency is probing details of the operations [...]

Dr Reddy’s to defend against charges in US lawsuit

Hyderabad, Feb 19 (IANS) Dr Reddy’s Laboratories Inc, the US subsidiary of the Indian drug major, on Monday said it would defend against allegations made in a US securities class action lawsuit by a law firm on behalf of some investors. “As [...]

Apple announces $350 bn investments in US, delights Trump

Washington, Jan 18 (IANS) In a New Year gift to President Donald Trump, Apple has committed to invest $350 billion in the US over the next five years that includes creating 20,000 new jobs and an anticipated repatriation tax payments of $38 [...]

Amazon CEO becomes richest man in history

New York, Jan 11 (IANS) Amazon CEO Jeff Bezos is now the world’s richest man, not just at present, but of all time. Both Bloomberg and Forbes have put Bezos on top of their billionaire lists. Bloomberg said Bezos’ net worth reached [...]

Magazine pitches for Rajan to head Federal Reserve

Washington, Oct 31 (IANS) Former Reserve Bank of India (RBI) Governor Raghuram Rajan will be an apt pick to head the US Federal Reserve, global financial magazine Barron’s has said. “If sports teams can recruit the best talent from [...]

Vandana Sikka quits Infosys Foundation, USA

Bengaluru, Aug 30 (IANS) Vandana Sikka, wife of former Infosys CEO Vishal Sikka, resigned as Chairperson Infosys Foundation, USA, said the software major on Tuesday. Sikka resigned as the company’s CEO on August 18 and as its Executive [...]

Sikka quits as Infosys CEO, cites negative remarks against him

Bengaluru, Aug 18 (IANS) In a dramatic development, global software major Infosys Chief Executive Officer (CEO) and Managing Director (MD) Vishal Sikka resigned on Friday citing continuous disruptions and personal and negative remarks against [...]