Kolkata, Feb 6 Tata Steel is looking at Rs 1,000 crore revenue over the next three years from its home solutions business, an official said. "Our revenue from retail interior steel home solutions in the current fiscal will be about Rs 200 crore. We expect this to be Rs 1,000 crore in the next three years," Tata Steel VP (Marketin...
As Infinix heats up the smartphone market in India with its new offering, the handset maker is looking to grow its online business by six per cent by the end of the year, Infinix India CEO Anish Kapoor said on Tuesday. "We think the market would go at close to 40 million (estimated volume projection for smartphon...
The key Indian equity indices pared some losses and recovered from the day's lows during the afternoon trade session on Tuesday after a massive downturn in the global stock markets unleashed a selling frenzy on the domestic bourses. However, the indices continued to trade in the red. The barometer 30-scrip Sensitive Index (Sensex) of the BSE recovered o...
Facebook is looking to hire an "extra-terrestrial product manager" in Southern California to lead its plans to beam Internet from the sky in future, a media report said. According to a job posting, the company is looking for a veteran engineer with experience "taking novel communication/aerospace systems from early development phases to ...
Telugu Desam Party (TDP), part of the ruling National Democratic Alliance (NDA), protested in Lok Sabha over the budget on Tuesday, forcing a brief adjournment. TDP members gathered near the Speaker's podium soon after the House met, holding placards and shouting slogans. Members from YSR Congress also did the same. As the members protested, Speaker S...
San Francisco, Feb 6 Tech giants Cisco, Apple, Aon and Allianz on Tuesday unveiled a cyber risk management solution for businesses that has cyber resilience evaluation services from Aon, a secure technology from Cisco and Apple and options for enhanced cyber insurance coverage from Allianz. The new solution, which is now available, is designed to...
Gold in India gained more shine in calendar year 2017 with demand growing by 9.1 per cent to 726.9 tonnes, said the World Gold Council, a body of gold miners. According to the Council's latest gold demand trends report, the gold demand projection for 2018 in India is 700-800 tonnes. In a statement issued here, the Indian chapter of World Gold Co...
Weak global cues, along with heavy selling pressure in banking, capital goods, consumer durables and finance stocks, pulled the key Indian equity indices lower during the mid-afternoon trade session on Monday. According to market observers, disappointing announcements in the Budget like the reintroduction of the long-term capital gains (LT...
Even as the stock market continued its downward slide on Monday, Finance Minister Arun Jaitley said it was not in reaction to the Union Budget or the reimposition of Long Term Capital Gains (LTCG) tax, but due to global factors. Jaitley's remarks came after the Indian equity markets on Friday witnessed the steepest fall since November 2016, after LTCG ta...
Global cues rather than the imposition of Long Term Capital Gains Tax (LTCG) on shares has led to a plunge in the equity markets. According to Finance and Revenue Secretary Hasmukh Adhia, equity investments still remain attractive as only a 10 per cent LTCG tax has been imposed on it. Adhia, who addressed a CII event here on Mon...
