Software major Tata Consultancy Services (TCS) emerged as the biggest wealth creator in the past five years,
Posts tagged MC
Japan will import Maruti Suzuki cars from India: Modi (12-12-2015)
“Maruti (Suzuki) will manufacture here… Japanese company will manufacture here and export it to Japan,” he said, adding that both India and Japan should move ahead together, not just in the sphere of high-speed trains, but also for “high-speed growth.”
Import duties on stainless steel to help local firms (12-12-2015)
The government said the anti-dumping duties, on cold-rolled flat stainless steel products, ranged from 4.6 percent to 57.4 percent. Imports from South Korea, South Africa, Taiwan and Thailand will also be taxed.
China economy shows signs of steadying (12-12-2015)
Still, analysts believe more policy steps are needed to weather nagging headwinds from a cooling property market, risks from high domestic debt levels, and weak global demand as financial markets brace for interest rate rises by the US Federal Reserve.
Renault-Nissan’s peace deal leaves investors underwhelmed (12-12-2015)
The agreement, offering Nissan guarantees against future interference by parent Renault or its own biggest shareholder, the French state, came as a relief to Renault staff while disappointing some investors who had hoped for bigger changes to the 16-year-old carmaking alliance.
Musk, other tech chiefs back AI startup with $1 bn (12-12-2015)
The effort announced on Friday, called OpenAI, joins significant investments from companies such as Alphabet Inc’s Google, Facebook Inc and Amazon.com Inc, which have used artificial intelligence to sharpen their businesses with services such as facial recognition or language processing.
Subramanian Swamy risks wrecking tax reform (12-12-2015)
Fresh developments in a three-year-old fraud case brought by Swamy have overshadowed attempts to bridge the political divide in search of an elusive deal that would create a tax union in Asia’s third-largest economy.
In favour of diesel car ban: CSE (12-12-2015)
If you are living in Delhi, you cannot buy a new diesel car. The National Green Tribunal (NGT) has ordered the state government not to register any new diesel vehicles at least till January 6; that is the date the NGT will hear this pollution case again. Also, diesel vehicles which are more than 10 years old cannot ply in Delhi anymore.
Bank recovery critical for mkt upturn; like HUL, MM: Pros (12-12-2015)
Independent market expert, Ratnesh Kumar, believes that if one was to look at about 2-3 quarters down the line, then quality banks are likely to attract lot of value investing.
Gujarat joins UDAY scheme for debt-laden discoms (12-12-2015)
Other states that communicated their in-principle approval to the Power Ministry for joining the UDAY scheme are: Chhattisgarh, Andhra Pradesh, Jharkhand, Rajasthan, Punjab, Jammu Kashmir, Himachal Pradesh, and Uttarakhand.