The company has reached agreements with the Antitrust Division of the US Department of Justice, T-Mobile Inc. and Sprint Corporation to complete this transformative transaction....
Private sector lending major ICICI Bank on Saturday reported a standalone net profit of Rs 1,908 crore for the first quarter of 2019-20. The bank had reported a net loss of Rs 120 crore for the corresponding period of the previous fiscal....
Close on the heels of Union Budget providing tax relief for buying electric vehicles, the GST Council in its 36th meeting on Saturday cut the tax on electric vehicles (EV) from 12 per cent to 5 per cent effective August 1, 2019. The Council has also slashed rate for EV chargers from 18 per cent to 5 per ...
US President Donald Trump has denounced France for its recently passed digital services tax law, and threatened "a substantial reciprocal action." France just put a digital tax on our great American technology companies. If anybody taxes them, it should be their home Country, the USA," Xinhua quioted the ...
US equities closed higher as market's sentiment was lifted by a batch of stronger-than-expected earnings reports. The Dow Jones Industrial Average increased 51.47 points, or 0.19 per cent, to 27,192.45 on Friday. The S&P 500 was up 22.19 points, or 0.74 per cent, to ...
US President Donald Trump has threatened to slap Apple with tariffs on the components of its high-end Mac Pro computer, the most expensive of the company's products, if it finally decides to shift production from the US to China. "Apple will not be given tariff waiver, or relief, for Mac Pro parts that are...
Indian billionaire Anil Agarwal-controlled Vedanta Ltd will exit from its interest in Anglo American Plc by divesting entire stake held in the mining company through structured investments in equity shares by its group entities. The company on Friday announced that Cairn India Holdings Limited (CIHL), an ...
Sensex and Nifty opened on a flat note on Friday. Selling pressure was seen in sectors like metal, media and IT scrips during the early trade. At 9.16 a.m., the Sensex traded 26.32 points lower at 37,804.66 from its Thursday's close of 37,830.98. The broader Nifty was down 6.65 points at ...
A weaker-than-expected result saw Amazon shares down as the retail giant reported $63.4 billion in revenue with $2.6 billion in net income for the second quarter (Q2) of 2019. A year of record profit came to an end for Amazon although the company said the net sales increased 20 per cent to $63.4 billion in the second quarter, ...
US House has passed a budget deal that will boost overall spending levels and suspend the federal debt ceiling for the next two years. The agreement, struck between the White House and Congress in a bipartisan fashion Monday, covers fiscal years 2020 and 2021, and would raise overall ...
