Business

However, the impact will be company specific and relative to H-1B visa dependence, rating agency Icra said in its report.

Responding to questions, the official said India and China should start reducing the import of oil from Iran and bring it to zero by November 4.

Sectoral indices led by oil and gas, auto, banking, PSU, power and infrastructure stocks fell by up to 0.53 per cent.

The DRI had in March launched prosecution against Nirav Modi and three of his firms for allegedly diverting duty-free imported goods for purposes other than specified in the rules.

Infosys faced months of protracted standoff between its founders led by N R Narayana Murthy and the previous management over issues of corporate governance and compensation to former executives.

he visit bore "a certain historic resemblance" to a 1979 trip by China's then-leader Deng to the United States as the country stood on the verge of economic reform, said Zhao Tong, North Korea specialist at the Carnegie-Tsinghua Center in Beijing.

The new cash-or-stock deal may be attractive to Fox's largest shareholder, Rupert Murdoch, who owns 17 percent voting shares along with his family. The Murdochs face a large capital gains tax bill under Comcast's all-cash offer. Disney's previous offer wa...

Forex dealers said selling of the greenback by banks and exporters supported the rupee but the dollar's strength against other currencies overseas capped the gains.

All sectoral indices, led by oil and gas, power, realty and power were in the negative zone, falling up to 1.31 per cent.

Rating agency Moody's has sounded a note of caution that any reduction in excise duty on petrol and diesel would adversely affect fiscal deficit unless it is matched by a commensurate cut in expenditure.

SEBI is also looking to harmonise the shareholding limit across stock exchanges, clearing corporations and depositories, according to a senior official.

Trump, a frequent detractor of Time Warner's CNN and its coverage, denounced the deal when it was announced in October 2016. U.S. District Judge Richard Leon found little to support the government's arguments that the deal would harm consumers, calling on...

This comes after finance ministry complained of not enough information being shared by taxpayers in the monthly GSTR forms. The new annual form will seek all business details to help the government maintain the invoice-wise database.

Patanjali, the only other qualified player in the race, raised question over the neutrality of the process citing the media reports of resignation of law firm Cyril Amarchand Mangaldas as advisor of Adani Wilmar

The British telecom operator will look at monetising its stake in Indus Towers if it requires to make additional investment in India in case Aditya Birla group decides to put in additional fund in the proposed merged entity, Vodafone Idea Limited.

China's trade surplus might reinforce Washington's determination to move forward with new tariffs on tens of billions of dollars of Chinese imports as early as next week