Dec 08, 2016 at 15:36 | Source: CNBC-TV18
Speaking to CNBC-TV18, Anil Patwardhan, CFO of KPIT, says, company's 50 percent of overall employees are on H1-B in the US. Almost 65 percent of company's revenues are coming through US geography.
Dec 08, 2016 at 13:34 | Source: PTI
According to Korn Ferry Hay Group 2017 Salary Forecast, India salary growth is pegged at 10 percent, while real wages are expected to rise by 4.8 percent.
Dec 08, 2016 at 11:01 | Source: CNBC-TV18
Nalco has cash reserve of Rs 3,000-3,500 crore, which will be used for domestic capacity expansion, said TK Chand, CMD of Nalco.
Dec 08, 2016 at 11:00 | Source: Moneycontrol.com
Relief rally continued in morning trade after renewed buying by FIIs seen for the second consecutive session yesterday. They net bought Rs 400 crore worth of equity shares after selling nearly Rs 17,000 crore worth of equities in previous 18 consecutive sessions due to likely Fed rate hike in December and US elections.
Dec 08, 2016 at 10:00 | Source: Moneycontrol.com
Equity benchmarks as well as broader markets climbed over a percent in morning trade, driven by positive global cues. Even the withdrawal of incremental CRR hike boosted the sentiment further.
Dec 08, 2016 at 09:58 | Source: Reuters
International Brent crude futures were trading up 4 cents at USD 53.04 a barrel at 0345 GMT after closing the previous session down 93 cents.
Dec 08, 2016 at 09:05 | Source: CNBC-TV18
Western market rallies, Richard Harris, Chief Executive of Port Shelter Investment Management said, are short-lives usually. The market has already discounted a probable rate hike by the US Federal Reserve.
Dec 07, 2016 at 16:41 | Source: CNBC-TV18
State Bank of India chief Arundhati Bhattacharya said RBI Governor Urjit Patel-led Monetary Policy Committees status quo on rates was disappointing as the market was expecting a 25 basis point cut. Oil prices and a likely rate hike by the US Federal Reserve would have played a role in MPCs decision-making process, she added.
Dec 07, 2016 at 14:59 | Source: Moneycontrol.com
According to Achiievers Equities, gold prices dropped as a possible U.S. rate hike as early as next week weighed on prices.
Dec 07, 2016 at 13:00 | Source: Reuters
The Competition and Markets Authority also fined Flynn Pharma 5.2 million pounds for its role in hiking prices of phenytoin sodium capsules in 2012.