Business
Microsoft Denies U.S. Suggestion Its Diversity Plan Illegally Discriminates By Race
Microsoft Corp on Tuesday denied a recent suggestion by the U.S. Department of Labor that its plan to bolster diversity, including by investing $150 million (£116.5 million) and doubling the number of Black employees in highranking positions, amounted to...
Government Probes Microsoft's Effort To Boost Diversity
Microsoft says the U.S. Labor Department is scrutinizing its efforts to boost Black employment and leadership at the tech company.
Setback for Indians? Trump to Sharply Limit H-1B Visas Amid Job Losses Caused by Covid-19
The US can issue up to 85,000 H-1B visas per year for jobs such as computer programmers, accountants, architects and database administrators. They are typically issued for an initial period of three years and can be renewed. People from India and China ma...
Wall Street Gains As Trump To Leave Hospital, Investors Hope For Stimulus
U.S. stocks rose sharply on Monday, recovering from declines in the previous session, as investors viewed more fiscal stimulus as likely and after news President Donald Trump will leave the hospital where he is being treated for COVID19.
Recovery in Domestic Air Passenger Traffic Continues in September, Says Icra
Besides, the domestic carriers also increased capacity deployment significantly to around 46 per cent in September as compared to 33 per cent in the month ago, according to Icra.
GST Council Meet Approves Extension of Compensation Cess Beyond 2022, Say Sources
The GST Council will also take up a proposal to extend the GST compensation cess by two years to 2024 and set up a committee to look at the changes needed.
Reliance Retail Cracks Seven Deals in Less Than a Month, Raises More Than Rs 32,000 Cr
Reliance Retail has consolidated its dominant market position in offline retail through its recent acquisition of retail, wholesale, logistics and warehouse businesses of Future Group for an enterprise value of Rs 24,173 crore.
Converge ICT Targets Philippines Biggest IPO By Tapping Web Boom
Philippines' Converge ICT Solutions Inc is targeting the country's biggest initial public offering (IPO) after setting price terms to raise as much as $680 million, sources said, amid a boom in demand for fibre broadband during the pandemic.
Exclusive: Airbnb Aims To Raise Roughly $3 Billion In IPO - Sources
Home rental company Airbnb Inc is aiming to raise around $3 billion in its upcoming initial public offering (IPO), people familiar with the matter said on Friday, taking advantage of the unexpectedly sharp recovery in its business after the COVID19 pandem...
At 7.9%, U.S. Jobless Rate Spells Trouble For Trump
The U.S. unemployment rate fell to 7.9% in September, from 8.4% in August, a big drop that in normal times would be welcome news for a presidential incumbent seeking reelection in just over a month.
Karnataka Has Cleared Projects Worth Rs 22,110.84 Crore in Last Two Months: Govt
During the State High Level Clearance Committee(SHLCC) meeting held on September 30 under the leadership of Chief Minister B S Yediyurappa, six projects with an estimated investment of Rs 15,544.06 crore and employment potential of21,028 jobs were cleared...
Pune Municipal Corporation's Amnesty Scheme for Property Tax Defaulters Starts Today
The scheme got its nod from the standing committee on September 24 as the ruling BJP in the PMC got it approved on the demand of elected representatives of various political parties.
US Hiring Likely Slowed In September For 3rd Straight Month
A critical snapshot of the job market and the economy to be released Friday is expected to show a further deceleration in hiring as the nation's viral caseload creeps higher and as government financial aid has faded.
Google To Pay $1 Billion Over 3 Years For News Content
Google will pay publishers $1 billion over the next three years for their news content.
Reliance Share Price Gains on Additional Investment by Silver Lake Co-investors
Reliance Industries was trading at Rs 2,251.35, up Rs 17.60, or 0.79 percent. It has touched an intraday high of Rs 2,264.00 and an intraday low of Rs 2,249.
Gold Gains On Dollar Slide, Hopes For U.S. Stimulus
Gold rose on Thursday, as an easing dollar and signs of progress in talks for fresh U.S. stimulus measures bolstered the metal's appeal.