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Indian tech start-ups woo back talent from America with free healthcare and other perks

May 04, 2015 at 13:32 | Source: FirstPost

After losing top engineering talent for years to America's tech heartland of Silicon Valley, India is luring them back as an e-commerce boom sparks a thriving start-up culture, unprecedented pay, and perks including free healthcare for in-laws.India'...

On the ground, Prime Minister's Jan Dhan scheme is still a painful affair for bank staff

May 04, 2015 at 12:21 | Source: FirstPost

It has become a routine and sometimes painful, said Raghav (name changed), a senior clerical staff with one of the rural branches of State Bank of India (SBI) in Palakkad district of Kerala. Raghav was referring to the customer enquiries on benefits ...

Infosys unveils the Infosys Information Platform

May 04, 2015 at 11:32 | Source: FirstPost

Infosys has announced details of the Infosys Information Platform (IIP), including new pre-packaged solutions from Infosys BPO and Infosys Finacle. IIP is an open source data analytics platform that enables businesses to operationalize their data ass...

Buffett celebrates 50th year at Berkshire, faces tough questions| Reuters

May 03, 2015 at 12:15 | Source: FirstPost

OMAHA, Neb. (Reuters) - Berkshire Hathaway Inc (BRKa.N) shareholders on Saturday celebrated Warren Buffett's 50th anniversary running the conglomerate, as the billionaire expressed optimism the company would thrive over the long haul, even after he i...

Buffett celebrates 50th year at Berkshire, defends 3G ties| Reuters

May 03, 2015 at 00:30 | Source: FirstPost

OMAHA, Neb. (Reuters) - Berkshire Hathaway Inc shareholders on Saturday celebrated Warren Buffett's 50th anniversary running the conglomerate, as the billionaire fielded questions about the company and its future, and explained some business practice...

Arun Shourie's critique is simple: Modi does not need a Palaniappan Jaitley as FM

May 02, 2015 at 16:24 | Source: FirstPost

The sharp critique of the NDA government's achievements (or, rather, non-achievements) in a Headlines Today interview of Arun Shourie, probably the most competent minister in the Vajpayee government, is something that Narendra Modi can ill afford to ...

Shourie's critique is simple: Modi does not need a Palaniappan Jaitley as FM

May 02, 2015 at 11:35 | Source: FirstPost

The sharp critique of the NDA government's achievements (or, rather, non-achievements) in a Headlines Today interview of Arun Shourie, probably the most competent minister in the Vajpayee government, is something that Narendra Modi can ill afford to ...

Lloyds upbeat on UK growth as profits lifted by drop in bad debts| Reuters

May 02, 2015 at 02:45 | Source: FirstPost

LONDON (Reuters) - Lloyds Banking Group is confident next week's British national election will not derail healthy UK economic growth, it said on Friday after posting first-quarter profit up by a fifth thanks to sharply lower losses on bad loans and...

'Tax terrorism' ends? Jaitley offers relief to MAT-hit FIIs, vows 'extremely simplified' ITR form

May 01, 2015 at 10:40 | Source: FirstPost

New Delhi: Seeking to calm investor jitters, Finance Minister Arun Jaitley on Thursday offered tax relief to FIIs by exempting some of their income from MAT and announced that an "extremely simplified" income tax return form will soon repla...

No govt aid in sight, Vidarbha's farmers floored by Rahul's sanvad yatra

May 01, 2015 at 09:10 | Source: FirstPost

Mumbai: Farmers in the Amravati district of Vidarbha region today told Congress vice president Rahul Gandhi that they have not received adequate government help and demanded minimum price for their crops.We want the minimum price for crops. The trad...

Indian insurances cos on IT spending spree: To invest over Rs. 130 billion in 2015

Apr 30, 2015 at 09:59 | Source: FirstPost

Indian insurance companies are expected to spend 130.4 billion rupees on IT products and services in 2015, a 10.4 percent increase over 2014, according to Gartner, Inc. This forecast includes spending by insurers on internal IT (including personnel),...

No love lost from Jats: How PM Modi is losing grip over a dedicated vote bank

Apr 29, 2015 at 14:46 | Source: FirstPost

Sheroo Goenka runs a small shop in the heart of Rajasthans Churu district. But when elections are round the corner, he shuts shop and spends most of his time and energy on campaigning for the BJP, especially the partys local heavyweight MLA Rajendra ...

ICICI Bank Q4 profit beats forecast, sees bad loans situation improving| Reuters

Apr 28, 2015 at 03:30 | Source: FirstPost

MUMBAI (Reuters) - ICICI Bank Ltd (ICBK.NS), India's biggest private sector lender by assets, said it expects the new financial year to be better in terms of bad loans, after reporting an increase in sour assets in its fiscal fourth quarter.ICICI (IB...

With Nasdaq at records, investors ask what's next for tech| Reuters

Apr 28, 2015 at 00:45 | Source: FirstPost

NEW YORK (Reuters) - When the Nasdaq Composite last hit record highs during the dotcom era, fund manager Walter Price struggled with justifying paying 400 times a company's earnings for rapid growth. Now, with the Nasdaq setting new closing records f...

Kingfisher to United Spirits: Charting out the great fall of Vijay Mallya

Apr 27, 2015 at 15:16 | Source: FirstPost

Vijay Mallya is too much of a stiff upper lip to have ever read the Urdu poet Mirza Ghalib. But if he has, he would know, that one of Ghalib's most famous couplets, fits the current situation that Mallya is in, very well.Sometime in the nineteenth ce...

Thousands appeal to Australia not to deport autistic Filipino boy for being 'burden' to taxpayers

Apr 27, 2015 at 12:49 | Source: FirstPost

A 10-year-old autistic Filipino boy made an emotional plea Monday for permission to stay in Australia, as tens of thousands called for him not to be deported despite the potential cost of his condition.Tyrone Sevilla, who arrived in Australia from th...

Modi govt must stick to its guns on land bill but should get basics right too

Apr 26, 2015 at 08:35 | Source: FirstPost

ByRupa SubramanyaThe Aam Aadmi Party (AAP) is known for its theatrics and its hunger for publicity but they got more than they bargained for at a recent rally against prime minister Narendra Modis land bill.While the circumstances are still murky and...

Modi government must stick to its guns on land bill but should get basics right too

Apr 25, 2015 at 14:05 | Source: FirstPost

ByRupa SubramanyaThe Aam Aadmi Party (AAP) is known for its theatrics and its hunger for publicity but they got more than they bargained for at a recent rally against prime minister Narendra Modis land bill.While the circumstances are still murky and...

Farmer suicides: Modi's forceful land ordinance is only adding to their anxiety

Apr 25, 2015 at 08:55 | Source: FirstPost

The shocking act of suicide by a Rajasthan farmer in full public glare, just a short distance from Parliament, has added a new dimension to the ongoing debate on how to bring long term stability and sustenance to Indias farm economy. An estimated 3 l...

Bank of India hints at 10-25 bps cut in base rate

Apr 24, 2015 at 22:53 | Source: FirstPost

Mumbai: State-owned lender Bank of India today indicated 10-25 basis points reduction in its base rate shortly. "We will have to fall in line with our peers and hence we are also looking at a reduction in our base rate in the range of 10-25 bas...

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