Business, Companies, 24th Jul 2019, News & Stories from India

Tuesday, Apr 23, 2024 | Last Update : 06:01 PM IST

Business Companies 24 Jul 2019

Business, Companies, 24 Jul 2019

Flipkart Group CEO Kalyan Krishnamurthy and Walmart India's CEO Krish Iyer are expected to attend the event.

Walmart, Flipkart to boost MSMEs, farmers' income in UP

Flipkart is very keen on collaborating extensively with the MSMEs, ODOP and artisans in Uttar Pradesh.

24 Jul 2019 10:33 PM

In a split decision by the FTC, two members said the penalty was insufficient. (Photo: File | AP)

US imposes record USD 5 bn fine, restrictions on Facebook in privacy probe

Federal Trade Commission said the penalty was the largest ever imposed on any company for violating consumers' privacy.

24 Jul 2019 7:18 PM

Digital Communications Commission, the apex decision-making body of DoT, last month, approved imposing penalty on Airtel and Vodafone Idea for not providing points of interconnection to Reliance Jio.

Telecom dept okays to Rs 3,050 cr penalty on Airtel, Vodafone Idea

TRAI its stand saying it is not in a position to modify its previously recommended penalty on the operators.

24 Jul 2019 6:28 PM

Gold price was quoted higher at USD 1,425.40 an ounce in New York, while silver was trading at USD 16.58 per ounce.

Gold, silver resume upward journey; global factors support rally

Gold is trading at Rs 35,870 per 10 gram at the bullion market here in line with a firming global trend.

24 Jul 2019 4:37 PM

Under the GST regime, already around 70 per cent of auto components have come under the 18 per cent GST slab.

Auto component industry fears loss of 10 lakh jobs due to prolonged slowdown

Vehicle sales in all segments have continued to plummet for the last several months.

24 Jul 2019 3:20 PM

Goyal said in Lok Sabha that the FFS with corpus of Rs 10,000 crore will meet the funding needs of startups. (Photo: Representational)

254 startups get Rs 1,700 cr investment from Alternative Investment Funds

Commerce Minister Piyush Goyal said these funds have raised a corpus fund of Rs 25,728 crore.

24 Jul 2019 2:44 PM

Indians spend 30 per cent of their time on entertainment, they are consuming content on the go and in their homes. (AP Photo/Matt Rourke, File)

Netflix rolls out Rs 199 mobile-only plan to woo Indian users

Users will have access to the same unlimited standard definition (SD), ad-free content under this plan.

24 Jul 2019 2:26 PM

The deal, which follows a lengthy investigation by the Federal Trade Commission (FTC), allows Facebook to avoid prosecution for its data protection lapses. (Photo: File)

Is a USD 5 billion fine the least painful part of Facebook's settlement?

The real question, remains what type of restrictions and requirements will be placed on FB to ensure future compliance.

24 Jul 2019 1:39 PM

In its order, Sebi said Hotel Leela should provide various additional disclosures in the postal ballot notice, including all relevant details of each of the sale transactions.

Sebi directs Hotel Leela to make more disclosures to shareholders on asset sale

Sebi had received complaints from ITC and LIC alleging violations by promoters and JMF ARC in respect of asset sale.

24 Jul 2019 1:20 PM

The US remains the single-largest export market for the Indian IT industry.

Nasscom takes SME delegation to US to strengthen strategic alliances

In a one-of-its-kind engagements programme, the delegation of small and medium enterprises visited several states in the US.

24 Jul 2019 1:00 PM

The cuts, exceeding 7 per cent of Nissan’s 138,000-strong workforce

Nissan to double global job cuts to over 10,000: source

The global plan includes the 4,800 job cuts announced in May and will mostly be at factories overseas with low utilisation rates.

24 Jul 2019 10:35 AM

A nearly 15 per cent year-on-year growth in its net profit to Rs 1,755 crore in the quarter ended June notwithstanding, Hindustan Unilever's volumes grew at the slowest pace in seven quarters, thanks to a consumption slowdown in the economy.

Slowdown limits Hindustan Unilever’s Q1 volume

HUL reported a volume growth of 5 per cent, with a domestic consumer growth of 7 per cent, according to the exchange filing.

24 Jul 2019 6:42 AM

1 of 1

Columns

Aakar Patel