The Bimal Jalan panel on Wednesday finalised the report on RBI surplus capital and though not unanimous on the quantum of transfer, it has recommended 3-5 year formula for transfer of surplus in tranches to the government....
Almost all sales professionals -- 94 per cent -- use technology to close more deals in India and those professionals who rely on sales technology outperform their peers, says a new survey by Microsoft-owned professional networking platform LinkedIn....
The recent Budget announcment of a 20 per cent tax on share buybacks could marginally affect the equity repurchase plans of the CPSEs but still it will remain an important mechanism to achieve the disinvestment target of Rs 1.05 lakh crore in fiscal 2020, a top official of the sell-off department said....
The Sensex on Wednesday opened slightly higher above the 39,000 mark as result of several corporate biggies were awaited. Corporate earnings of companies like Yes Bank, Wipro and Mindtree will be announced later in the result-heavy day....
The US lawmakers attacked Facebook's upcoming digital cryptocurrency Libra at a Senate hearing here, calling it "delusional" and "dangerous" and directing the social networking giant to clean up its house first before launching a new business model. David Marcus, Head of Facebook subsidiary Calibra, was grilled at the Senate ...
UN Development Programme Administrator Achim Steiner says that he is "simply in awe" of how India is proceeding on its "fascinating journey" towards meeting its sustainable development goals (SDGs). It was "mind boggling" how India had lifted 271 million people out of poverty ...
U.S. stocks closed lower as investors digested the latest corporate earnings reports and Federal Reserve Chairman Jerome Powell's remarks. The Dow Jones Industrial Average decreased 23.53 points, or 0.09 per cent, to 27,335.63 on Tuesday. The S&P 500 went down 10.26 points, or 0.34 per cent, to ...
Following Christine Lagarde's formal resignation from IMF, the Fund's Executive Board has said it will initiate promptly the process of selecting the next Managing Director. Lagarde on Tuesday announced that she formally submitted her resignation from the IMF position with effect from September 12, 2019, Xinhua reported....
Faced with the daunting task of a higher sell-off target, the DIPAM is mulling offer for sale (OFS) for number of CPSEs like Coal India, NBCC, NLC and Hudco, official sources said. In all these CPSEs there is a scope for further government stakes to be lowered, ...
Facebook is not going to launch its digital coin Libra unless regulators are fully satisfied and all necessary approvals are in place. Under Facebook subsidiary Calibra, the social networking giant has planned to introduce a digital wallet for Libra. The wallet will be available on ...
