Thursday, February 21, 2019

‘Business’ News

IIT Roorkee to include elective course on stainless steel, advanced carbon special steel.

Thursday, February 21, 2019 14:55

IIT Roorkee and Jindal Stainless have entered into a long-term association that would lead the institute to include an elective course on stainless steel and advanced carbon special steel.The course is expected to commence from July 2019. It will include the study of these metals in detail, including the uniqueness ...

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Alstom to provide electrification for Phase II of Bengaluru Metro

Thursday, February 21, 2019 14:32

BENGALURU: France-headquartered Alstom has been awarded a contract to provide power supply and traction electrification for the 33-kilometre extension to Bengaluru Metro under Phase II. Worth around Rs 580 crores, it is Alstom's largest third-rail electrification contract in India. The Phase II project of Bengaluru Metro encompasses four extensions of ...

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Facebook deeply committed to people: Mark D’Arcy

Thursday, February 21, 2019 14:12

KOCHI: All the ideas and technology should be focused on the people and there is a constant need to listen to people and reach out to them accordingly, said Mark D'Arcy, VP of global business marketing and chief creative officer of Facebook.In an interaction with Neeraj Roy, MD of Hungama ...

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India is ready to unleash water weapon on Pak

Thursday, February 21, 2019 13:28

Union minister Nitin Gadkari in a tweet has confirmed that India would 'choke' the water supply to Pakistan in light of the Pulwama attack. The move comes in the backdrop of the February 14 attack on CRPF convoy in Pulwama in Jammu and Kashmir, which resulted in the death of ...

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Tata Starbucks to use only fully compostable/recyclable items from next World Environment Day: CEO

Thursday, February 21, 2019 13:24

Tata Starbucks, the equal joint venture between the Tatas and global coffee chain Starbucks, is all set to fully transition itself to use only compostable and recyclable packaging solutions across its stores in the country from next June.The company Thursday said it hopes to achieve the objective by the next ...

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Online shopaholics beware: Symantec says cybercrooks have a new key to your bank account

Thursday, February 21, 2019 13:02

Cybersecurity firms never fail to come up with harmless-sounding monikers, such as 'phishing', for dangerous problems. 'Formjacking' is the most recent addition to that list. Cybersecurity firm Symantec Corp's latest Internet Security Threat Report highlights the increasing number of attacks involving malware inserted on online retail websites to steal shoppers' ...

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Ashoka Buildcon wins Rs 1,382 cr contract from NHAI in Karnataka

Thursday, February 21, 2019 12:33

NEW DELHI: Ashoka Buildcon Thursday said it has won a Rs 1,382 crore highway contract in Karnataka from National Highways Authority of India (NHAI).The contract to build 56 km highway stretch is under hybrid annuity mode (HAM) under which the government provides 40 per cent of the project cost to ...

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The cricket logic behind Acharya’s rate cut no

Thursday, February 21, 2019 12:25

In his maiden monetary policy two weeks ago, Reserve Bank of India (RBI) governor Shaktikanta Das announced a quarter percentage point rate cut — the first in 18 months. He cited the need to boost the slowing economy when inflation was falling.Unpredictably, the Monetary Policy Committee (MPC) of the RBI ...

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Buffett’s about to reveal if his cash headache found any relief

Thursday, February 21, 2019 11:39

68090387 68003029 By Katherine Chiglinsky Warren Buffett has praised pessimism as an investor's friend, but there's only so much a friend can do.As US stocks rounded out the worst year since the financial crisis, Berkshire Hathaway Inc. spent less than $2.2 billion on net purchases of common stock in the fourth quarter. ...

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EPFO recommends hiking interest rate to 8.65% from 8.55%

Thursday, February 21, 2019 11:30

New Delhi: The Central Board of Trustees of the Employees' Provident Fund Organisation (EPFO) has recommended increasing the interest rate on Employees' Provident Fund for 2018-19 to 8.65% as against 8.55% in the preceding year. The move, once approved by the finance ministry will benefit six crore EPFO subscribers .Epfo ...

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