Category: BUSINESS

Predecessor and successor. Image Source: Live Mint 0

Meet Chandrasekaran, new Tata Sons Chairman

The Tata Sons Board, which came together for an unscheduled meeting on Thursday evening, has finally selected a new Chairman for Tata Sons. Natarajan Chandrasekaran is the man to have been brought in for...

Stocks swell at a Toyota car yard 0

Post-demonetisation auto sales plummet to 16-year low

Apart from the informal labour sector, if one industry is hit hard it must be the automobile sector. According to the latest data published by the Society of Indian Automobile Manufactures (SIAM), the December...

Kalyan Krishnamurthy becomes new CEO of Flipkart. Image Source: The Economic Times 0

Kalyan Krishnamurthy replaces Benny Bansal as CEO of Flipkart

On Monday, a major reshuffle was seen at the e-commerce website, Flipkart. Former Tiger Global executive, Kalyan Krishnamurthy has been elevated to the position of Chief Executive Officer (CEO), while the co- founder Binny...

Rupee finished the year-2016 with an annual fall, making it sixth consecutive years of decline against the green back.  NDTV 0

Depreciated New Year for Indian rupee

Mumbai: The Indian rupee deteriorated on Monday by five paisa at 67.97 to be exact against the US dollar. The rupee had a weak starting on the first trading day of 2017 because of...

L&T gets smart city project for Pune. (Source: Hindustan Times) 0

L&T to convert Pune into Smart City

Larson and Toubro (L&T) has been given the project of converting Pune into a smart city. It has also been declared as its implementation partner. The letter of intent was given to the company’s...

The change if approved, will bring about changes in tax laws 0

Panel submits fiscal year amendment report to Finance minister

With a view to move away from the current accounting period, a high-level committee formed by the government has submitted its report to the office of Finance Minister Arun Jaitley according to a report...

Toshiba corporation fined of Billions of dollars on US nuclear power acquisition. 2

Toshiba suffers a huge loss in US Nuclear Power Acquisition

The Japanese Electronics Giant on Tuesday declared its intentions to book a loss of a billion Yen on a failed US nuclear power acquisition by its Westinghouse division. This news was followed by a...