The multi-crore fraud hit Punjab National Bank posted a net loss of Rs 13,417 crore for the fourth quarter (January-March) of 2017-18, a regulatory filing by the company on the BSE stated on Tuesday. ...
Just as the Indian economy was limping back to normalcy after an elongated period of subdued growth, oil prices have thrown a spanner in the works right on cue. Oil prices, which had fallen to sub-$40 levels, are back with a vengeance having climbed to over $75 a barrel recently; the highest since 2014. It is expected to go even higher wi...
India has witnessed nearly 80 per cent growth in Human Resource (HR) analytics professionals in the past five years, global professional network site LinkedIn said on Tuesday. The report revealed that in the past five years, there has been a 70 per cent increase in specialised analytics professionals in HR across the Asia-Pacific r...
Partly shedding the early trading session gains, the key Indian equity indices were trading around half-a-per cent higher during the afternoon. According the market observers, heavy buying was witnessed in banking, metal and IT stocks. At 1.10 p.m., the wider 50-scrip Nifty of the National Stock Exchange (NSE) was trading at 10,853.80 points -- up ...
Amazon Internet Services Pvt Ltd (AISPL), an Amazon company, on Tuesday announced five Indian partners as winners who helped customers drive innovation and build solutions on Amazon Web Services (AWS) Cloud. The diverse nature of the "2018 APN Excellence Awards" winners reflected the opportunity provided for partners who helped customers rem...
Petrol price in the national capital touched Rs 74.95 per litre on Tuesday, a fresh high, since it hit Rs 76.06 a litre in September 2013. Prices rose for a second day in a row after Indian Oil Corp (IOC) resumed the dynamic pricing system on Monday after a 19-day halt. In the other metropolitan cities of Kolkata, Mumbai and Chennai also, pet...
Ending violent conflict, bolstering peace and stability and preventing future strife are all are crucial to combating rising levels of chronic hunger in the world, the UN has said in a new report. "Ending conflict is vital," said the UN World Food Programme's Chief of Food Systems Steven Were Omamo who masterminded the report. "But preventing food cr...
Higher inflation data and caution ahead of Karnataka election results kept the key Indian equity markets subdued on Monday afternoon. India's wholesale inflation rate rose to 3.18 per cent in April from 2.47 per cent in the previous month, official data showed here on Monday. According to market observers, heavy selling was wi...
After media reports surfaced last week that Chinese smartphone makers Xiaomi and Coolpad have locked horns over patents, the latter on Monday confirmed that it has sued three group firms of Xiaomi for several patent infringements. Coolpad subsidiary Yulong that filed the fresh suit, demanded that Xiaomi should immediately stop production, offerings on sal...
Japan Airlines announced on Monday it will launch an international low-cost carrier business to be operational by 2020. Japan's formerly state-owned flag carrier will focus on middle-distance flights between Narita International Airport and other Asian air hubs as well as connections to Europe and the Americas, Efe news reported citing a JAL stat...