Business

Mexico was the second-highest at 43 per cent of workers, followed by the US at 27 per cent, according to the culture study survey by US-based multi-national workforce management firm Kronos Incorporated.

Forex dealers said besides strong demand for the American currency, buying by importers, mainly oil refiners in view of surging crude oil prices and capital outflows, weighed on the domestic currency.

In the top-10 list, only Reliance Industries Ltd (RIL), TCS and Infosys finished with gains. HDFC Bank's valuation went down by Rs 1,194.57 crore to Rs 5,58,693.63 crore and that of HDFC fell by Rs 1,018.07 crore to Rs 3,25,634.13 crore.

On August 18, Walmart Inc had announced to complete its deal with Flipkart and now holds 77 per cent stake in the Indian e-commerce major.

Amitabh Chaudhry, the MD & CEO of HDFC Standard Life Insurance Company at present, will take the charge at India's third largest private sector bank after incumbent Shikha Sharma steps down on December 31, 2018.

Burberry said that it would no longer use real fur such as mink and racoon, in another step towards improving its social and environmental credentials.

The chartered accountants' apex institute, has opposed the regulator's proposal to classify chartered accountants as fiduciaries along with other professionals.

The rupee has significantly slid in its value over the last few months. The value of the rupee against the dollar has fallen by more than 6 percent since the beginning of 2018, and the fall has gained further momentum in the last few days, hitting life-ti...

At the Interbank Foreign Exchange (Forex) market, the local currency opened a tad higher at 70.57 a dollar from its previous close of 70.59 but slipped to hit a fresh low of 70.82, down by 23 paise

Also driven by higher oil prices and robust non-oil import demand, Moody's expects the current account deficit to widen to 2.5 per cent of GDP in the fiscal year ending March 2019.

Berkshire, which has traditionally invested in companies in sectors like consumer, energy and insurance, joins Japanese giant SoftBank that had last year bought a reported 20 per cent stake in Paytm for an estimated USD 1.4 billion (over Rs 9,000 crore).

The Directorate General of Civil Aviation (DGCA) on Friday also said the engines are being continuously monitored and safety issues are addressed adequately.

Recalibration is a process, in which the cassettes in the ATMs that hold cash are modified to suit the size of the currency.

After the proposed strategic disinvestment of Air India failed to take off in May, the government has been looking at ways to bolster the carrier.

The launch of India Post Payments Bank (IPPB) was recently rescheduled in the wake of seven-day national mourning declared after the demise of former Prime Minister Atal Bihari Vajpayee.

The only way to secure over Rs 5,000 crore for construction of the pending projects by NBCC was to sell the individual properties of the directors of the Amrapali Group, bench said.