News

Xerox courts HP shareholders as takeover battle heats up

Reuters Business News - Mon, 02/17/2020 - 22:45
U.S. printer maker Xerox Holdings Corp is hosting a dinner for HP Inc shareholders this week as it seeks investor support to overcome the personal computer maker's resistance to its $35 billion takeover bid, according to people familiar with the matter.
Categories: Business News

Amazon's Bezos pledges $10 billion to climate change fight

Reuters Business News - Mon, 02/17/2020 - 22:42
Amazon Chief Executive Officer Jeff Bezos will commit $10 billion to fund scientists, activists, nonprofits and other groups fighting to protect the environment and counter the effects of climate change, he said on Monday.
Categories: Business News

Jaishankar engages with EU leaders on socio-economic issues, climate change

Business Standard - Mon, 02/17/2020 - 22:42
External Affairs Minister S Jaishankar met top leaders of the European Union and held wide-ranging talks on issues, including economic cooperation, climate change and capacity building, that would "benefit both India and EU". Jaishankar, who was in Germany during the weekend for the Munich Security Conference, arrived here on Monday to prepare the ground for Prime Minister Narendra Modi's planned visit for the India-EU summit here next month. The foreign minister met EU Commissioner for International Partnerships Jutta Urpilainen and the two leaders discussed experiences in capacity building and development partnerships. "Coordination on these issues would be to the benefit of both India and EU," Jaishankar tweeted. The minister also held "positive and productive" parleys at the Foreign Affairs Council of the EU. "Thank the attending Foreign Ministers, Ambassadors & senior officials and most of all HR (High Representative) @JosepBorrellF. Looking forward to working together to ...
Categories: Business News

Is your phone legally shipped but not sold?

ET News - Mon, 02/17/2020 - 22:38
Categories: Business News

Bengali actor and former MP Tapas Paul dead

ET News - Mon, 02/17/2020 - 22:38
Categories: Business News

NCDs offer 4-6% more than bank FDs, but limit your exposures

ET News - Mon, 02/17/2020 - 22:38
Financial planners said the disparity in the rates makes a case for investment in NCDs.
Categories: Business News

Morning Podcast: What's buzzing on D-Street today

ET News - Mon, 02/17/2020 - 22:38
Tune in! Your daily digest of market news, views and cues.
Categories: Business News

What changed for D-Street while you were sleeping

ET News - Mon, 02/17/2020 - 22:38
Nifty on Monday formed a bearish candle on the daily chart for the third straight session.
Categories: Business News

Oil prices slip as coronavirus concerns linger

ET News - Mon, 02/17/2020 - 22:38
US West Texas Intermediate crude fell 15 cents, or 0.3 per cent, to $51.90 a barrel.
Categories: Business News

MNCs scrutinising tax treaties to gauge DDT outgo

ET News - Mon, 02/17/2020 - 22:38
Multinationals are analysing the total tax on the dividends with respect to the tax treaties and the most favoured nation status of the source country. Many would now fall back on the tax treaties and could be looking to postpone their dividend payouts till April this year.
Categories: Business News

Telecom AGR crisis: RBI closely monitoring developments

ET News - Mon, 02/17/2020 - 22:38
The Supreme Court last week rejected a plea by mobile carriers such as Bharti Airtel and Vodafone Idea Ltd for extension in the payment schedule and asked them to deposit an estimated Rs 1.47 lakh crore. Some telcos are already struggling with mounting losses and debt and the additional liability has raised concerns of them defaulting on existing loans.
Categories: Business News

About Rs 30,000 crore tenders cancelled to promote Make in India products: DPIIT Secretary

ET News - Mon, 02/17/2020 - 22:38
DPIIT has intervened to change conditions in those tenders to promote 'Made in India' goods.
Categories: Business News

Payment of AGR dues to bring down fiscal deficit to 3.5% in FY20

ET News - Mon, 02/17/2020 - 22:38
One will have to wait till March 16, 2020 - the AGR payment deadline, before the picture gets clear.
Categories: Business News

Cognizant sees data protection bill increasing costs, obligations

ET News - Mon, 02/17/2020 - 22:38
Firm says compliance may require changes in business practices. The Bill was recently cleared for introduction in the ongoing Budget session of Parliament. A company may have to pay a penalty of up to Rs 15 crore or 4% of its global turnover if found violating norms under the Bill.
Categories: Business News

Google to wind down 'Station', working with partners to transition existing sites

ET News - Mon, 02/17/2020 - 22:38
"But we crossed that number by June 2018 and implemented Station in thousands of other locations around the country in partnership with telecommunications companies, ISPs and local authorities. Over time, partners in other countries asked for Station too and we responded accordingly," Google Vice President Caesar Sengupta said in a blogpost.
Categories: Business News

UK to EU: We won't accept supervision in post-Brexit deal

ET News - Mon, 02/17/2020 - 22:38
Britain has set out on a clashing course for trade talks with the European Union, saying the 27-nation bloc has totally missed the point of Brexit if it thinks it will retain some supervision over U.K. actions. The EU has said it wants the best possible trade relationship with the U.K. but only if there is a level playing field for businesses on anything.
Categories: Business News