$100 oil prices ‘bites’ consumer less than it used to: Portfolio manager Adviser Investments portfolio manager Adam Johnson weighs in on sky-high oil prices. LONDON – Oil prices jumped on Thursday, with Brent rising above […]
Chennai-based MangoPoint raises ₹1.82 crore from TCA and others
It focuses on preserving and promoting high quality mangoes The Chennai-headquartered MangoPoint, a company that focuses on preserving and promoting high quality mangoes and mango-based products, has received funding of ₹1.82 crore from The Chennai […]
Importers, govt. duel in Supreme Court over GST on ocean freight
The levy was struck down by a HC The government is engaged in a pitched legal battle in the Supreme Court against importers over its decision to levy Integrated Goods and Services Tax (IGST) on […]
Microsoft opens harassment investigation sought by investors
Nearly 78% of shareholders at the company’s annual meeting voted to demand more accountability in addressing workplace sexual harassment complaints Microsoft said January 13 it is opening an inquiry into how it responds to workplace […]
Minimum 6 airbags to be made mandatory in vehicles carrying up to 8 passengers from October: MoRTH
To minimise the impact of frontal and lateral collisions on the occupants seated in both front and rear compartments, it has been decided that 4 additional airbags be mandated in the M1 vehicle category. The […]
Half-truths and promises galore
Your friendly neighbourhood insurance agent, usually a family friend or even a relative, has you in his sights! This is the season when insurance selling reaches it higher pitches, the last quarter of the financial […]
Government slaps Xiaomi with ₹653-crore demand notice
‘Mobile firm evaded customs duty’ The government on Wednesday said three show-cause notices have been issued to Chinese technology major Xiaomi for the recovery of ₹653 crore duty for a period of about three years […]
New rules for direct selling industry: Govt prohibits pyramid schemes
Tupperware, Amway and Oriflame are among the key players in the direct selling industry. To protect consumers, the Centre on Tuesday banned direct selling companies like Tupperware, Amway and Oriflame from promoting pyramid or money […]
Apple places Foxconn’s Sriperumbudur facility ‘on probation’
Foxconn restructures management team at Chennai Apple Inc. has placed iPhone assembler Foxconn’s Sriperumbudur facility “on probation” after both companies found that the workers’ dormitory accommodations and dining rooms did not meet the required standards. […]
RBL Bank MD & CEO Vishwavir Ahuja steps down
Rajeev Ahuja appointed as the interim Managing Director and Chief Executive Officer RBL Bank’s Vishawvir Ahuja has stepped down as MD & CEO of the bank, and the bank has appointed Rajeev Ahuja as the […]