LARGIE

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E-commerce hiring surges 28% in 2021: TeamLease

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RBL to hire search firm to zero in on next CEO

The RBL Bank board decided in its meeting on Thursday to hire a search firm to identify a new CEO. The board also appointed a search committee comprising directors to evaluate candidates for the top position at the bank. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3pH0Apn via IFTTT

Digit, first unicorn of 2021, in top 10 non-life insurers

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Deadline relief: Bank KYC to GST returns

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US stocks dip in pause from 'Santa Claus' rally

Both the Dow and S&P 500 retreated from records during the "Santa Claus rally" -- the post-Christmas period when stocks generally drift higher amid light trading volumes. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3ezKyHI via IFTTT

Women force change at Indian iPhone plant, sick from bad food, crowded dorms

A close look by Reuters at the events before and after the Dec. 17 protest casts a stark light on living and working conditions at Foxconn, a firm central to Apple's supply chain. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3FVqA6p via IFTTT

Micro fin kitty back at March level

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Crypto bourses can’t get cover for cyber risks

In the absence of regulation, cryptocurrency exchanges in India are not being able to get insurance protection against cyber risks like ransomware attacks and business interruption. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3Jw0716 via IFTTT

Electrics make up 7% of scooter sales in Nov

Electric scooters are gradually becoming a common sight on Indian roads. In November, 6%-7% of scooter sales are estimated to have been electric. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3FHAxnw via IFTTT

RBI approval not needed for property deals by NRIs

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Dow, S&P close at record highs as Omicron worries ease

The Dow and S&P 500 closed at all-time highs on Wednesday on a boost from retailers including Walgreens and Nike, as investors shrugged off concerns on the spreading Omicron variant. The Dow has now risen six straight trading days, marking the longest streak of gains since a seven-session run from March 5 to March 15 this year. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3qyAuEq via IFTTT

Economy faces headwinds from Omicron, inflation: RBI guv

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Flipkart treats gig workers best among platform cos

Flipkart treats gig workers the best among 11 of the largest platform-based companies in India, according to a study. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/32KCW2v via IFTTT

LIC flaunts e-initiatives for global investors

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Faceless tax appeals to have video hearings

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I-T dept eases norms for personal hearing via video conference under faceless appeal scheme

The income tax department has brought in changes to the existing faceless appeal scheme, easing the process for taxpayers wanting a personal hearing through video conference while appealing against a tax demand by the department. The Central Board of Direct Taxes (CBDT) on December 28, notified the 'Faceless Appeal Scheme, 2021' and said that the Commissioner (Appeals) shall allow the request for personal hearing via video conference and communicate the date and time of hearing to the appellant through the National Faceless Appeal Centre. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3JmPduG via IFTTT

Tesla's Musk exercises all of his stock options expiring next year

With the option exercise on 1.6 million shares on Tuesday, Musk has exercised all of the options on 22.8 million Tesla shares, which are due to expire in August. He also sold 934,090 shares for $1.02 billion to pay for taxes, the filings showed. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3ev6IL4 via IFTTT

Rupee trades in narrow range in early trade against US dollar

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Sensex surges over 100 points in early trade; Nifty tops 17,250

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US stocks: S&P 500 ends lower after four-day rally to record high

The Dow Jones Industrial Average rose 95.83 points, or 0.26%, to 36,398.21; the S&P 500 lost 4.84 points, or 0.10%, to 4,786.35 and the Nasdaq Composite dropped 89.54 points, or 0.56%, to 15,781.72. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3He7k3W via IFTTT

Rising burnout in corner office: CEOs feel the heat, head for exit

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Indian bankers book bumper fees from record $18 billion in IPOs

A little over 110 companies ranging from online grocers to food delivery and beauty startups listed their shares in Mumbai this year, raising almost $18 billion, according to data compiled by Bloomberg. The fees raked in by banks steering those first-time share sales are more than four times the previous record in 2017, figures provided by New Delhi-based Prime Database show. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3zbO6cz via IFTTT

Rupee jumps 34 paise to close at 74.66 against US dollar

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Sensex surges 477 points, Nifty reclaims 17,200 amid global stocks rally

Equity benchmark Sensex rallied 477 points on Tuesday, tracking gains in index heavyweights Reliance Industries, Infosys and HDFC Bank amid a positive trend in global markets. The 30-share index surged 477.24 points or 0.83 per cent to end at 57,897.48. Similarly, the Nifty rose by 147.20 points or 0.86 per cent to 17,233.45. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3JhP1gl via IFTTT

Turmeric not agri produce, but 5% taxable spice: GST-AAR

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Sensex surges over 300 points; Nifty tops 17,150 level

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Google moves court seeking more time to respond to CCI

Google has filed a writ petition in the Karnataka High Court seeking more time to respond to CCI’s queries related to a probe regarding Play Store and Google Pay billing rules. The CCI had launched a probe into mandatory use of Google Play Store’s payment system for in-app purchases. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3qrSLTP via IFTTT

Funding for startups grows 3 times in 2021

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Govt’s e-commerce system ready for next stage

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Wall Street ends higher, marking another record for S&P 500

The S&P 500 rose 1.4%, its fourth straight gain. The benchmark index, which capped a holiday-shortened week Thursday with a record high, is on pace to close out the year with a 27.6% gain. The Dow Jones Industrial Average rose 1% and the technology-heavy Nasdaq rose 1.4%. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3HhSFos via IFTTT

Foxconn India plant shut for 3 more days after week-long closure

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E-pharmacies, medtech to help cut health expenses

Vaccines, medicines and diagnostics — all key ammunition to fight the raging pandemic — will be in the spotlight in 2022. Additionally, acceleration in digital transformation, healthcare innovation, telemedicine and a focus on preventive care will also be core themes. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3eovhcy via IFTTT

RIL, Tatas invest in cancer care startup Karkinos

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‘Long-term’ key in stocks as bulls run out of breath

The New Year is expected to be an uncertain one for investors as a host of emerging factors — global and domestic — could negatively affect stock prices. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3sAJIT3 via IFTTT

Lamborghini India sees highest-ever sales in 2021

Italian super sports carmaker Lamborghini had a record year in India in 2021, exceeding the peak sales it hit in 2019, when it had sold more than one car per week. The surge happened even as the economy was limping out of the Covid-induced slowdown, and automakers across the world fought a production shortage due to semiconductor crunch. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3JjiINW via IFTTT

China's industrial profit growth tumbles as raw material prices fall

The world's second-largest economy, which has lost steam after a solid recovery from the pandemic last year, faces multiple challenges as a property downturn deepens, supply bottlenecks persist and strict Covid-19 curbs hit consumer spending. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/32BnDJp via IFTTT

Mixed reality: Chip shortage, faster net, privacy push in 2022

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Biz fundamentals are intact, have RBI support: RBL Bank

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Cairn drops lawsuits against govt in US, UK

Cairn Energy has dropped lawsuits against the government and its entities in the US and the UK. It is in final stages of withdrawing cases in France and the Netherlands, which were filed to get back about Rs 7,900 crore that were collected from it to enforce a retrospective tax demand. The UK company has initiated proceedings to withdraw lawsuits it had filed in several jurisdictions to enforce an international arbitration award. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3FwQpcE via IFTTT

Omicron fails to dampen spirits for growth push in 2022

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SJM demands outright ban on crypto transactions

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Host of changes in GST law to come into effect from January 1

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Banking sector to see significant reforms in 2022

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India imposes antidumping duty on 5 Chinese goods for 5 years