Larsen and Toubro has appointed former Infosys executive Sanjay Jalona as the Managing Director and CEO of its subsidiary L&T Infotech, IT arm of L&T. The new CEO...
World’s sixth largest South Korean steelmaker Posco has signed an agreement to form a Joint venture with Uttam Steel and Power to set up a 3 million tonnes per...
The billionaire Warren E Buffett led Berkshire Hathaway has agreed to acquire the metal parts manufacturer Precision Castparts Corporation (PCC) for 37.2 billion US dollars. This will be...
Search engine giant Google Inc has announced formation of a new holding or parent company called Alphabet Inc to encompass its search engine unit and all other subsidiaries....
China-based Smartphone maker Xiaomi Inc has tied up with Taiwan-based Foxconn to set first Assembly line in Andhra Pradesh under ‘Make in India’ initiative. These two Smartphone manufacturer giants has forayed...
The social security pact between India and Canada which was approved by Union Cabinet in 2013 comes into force after two years of long waiting. According to the...
Phicomm, a Shanghai-based smartphone maker has announced to invest around 6400 crore rupees in India by 2017. The company has decided to set up five business units in...
The Central Board of Direct Taxes (CBDT) has amended income tax rules to provide reporting of information with regards to financial assets and accounts to comply with Foreign Account Tax Compliance...
As per recently released data by US Department of Agriculture (DoA), India has emerged as world’s largest exporter of beef. India has retained its top spot as the...
Mutual Fund sector witnessed fifth exit of foreign fund house in two years from India on 7 August, as Pramerica Mutual Fund (MF) a company affiliated to US...
