TheNewsClues
Clues by Admin • 3 Oct 2018, Wednesday
Amazon.com Inc has will raise its minimum wage to $15 per hour for all US employees including full-time, part-time, temporary and seasonal employees, starting 1 November. The unions had been pushing their cause “Fight for Fifteen” movement across cities ... Continue Reading
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Clues by Admin • 28 Aug 2018, Tuesday
SBI the lead banker in a lenders’ consortium to Bombay Rayon Fashions Ltd, plans to sell loans of Bank of India (BoI), Allahabad Bank and Karnataka Bank to an asset reconstruction company (ARC). The consortium has decided that the ... Continue Reading
Read More at Livemint
Clues by Admin • 28 Aug 2018, Tuesday
An eight-member committee led by corporate affairs secretary Injeti Srinivas has recommended to cap the remuneration of an Independent director at 20% of his/her total income. The proposed pay cap seeks to prevent independent directors from developing cosy relationships with ... Continue Reading
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Clues by Admin • 23 Aug 2018, Thursday
Bengaluru-based online stockbroking startup Zerodha has invested ₹2.5 crore as seed fund in Sensibull, a startup working in the options trading business. The early-stage company, which is being incubated under Zerodha’s Rainmatter programme, plans to invest the funds in ... Continue Reading
Read More at The Economic Times
Clues by Admin • 23 Aug 2018, Thursday
The US announced hefty preliminary anti-dumping duties on metal pipes (used to transport oil, gas and other fluids) imported from India, China, and four other countries after 6 US pipe manufacturers had filed the anti-dumping complaint with the Commerce Department in ... Continue Reading
Read More at The Economic Times
Clues by Admin • 23 Aug 2018, Thursday
A group of lenders, including Bank of India, State Bank of India (SBI), Allahabad Bank and Dena Bank, is planning to jointly dispose of distressed loans amounting to over Rs 7,300 crore in the first half of September. Bank of India ... Continue Reading
Read More at The Economic Times
Clues by Admin • 23 Aug 2018, Thursday
Russia is accelerating the rate at which it buys gold as the country continues to move away from traditional asset holdings in response to renewed US sanctions. According to IMF data, Moscow bought 26.1 tonnes of gold in July. That ... Continue Reading
Read More at The Economic Times
Clues by Admin • 23 Aug 2018, Thursday
HCL Technologies, which recently beat Wipro to become the third largest software firm by revenue, paid the highest salary to a CEO among the top four IT companies. C Vijayakumar, who completed his first full term as CEO and ... Continue Reading
Read More at The Economic Times
Clues by Admin • 23 Aug 2018, Thursday
One97 Communications owned Paytm said that it is all set to cross 1.5 tons in gold transactions during the upcoming festive season and claims to have cornered 70% market share of MMTC-PAMP's virtual gold products in India. Having seen a ... Continue Reading
Read More at The Economic Times
Clues by Admin • 23 Aug 2018, Thursday
Indian community workplace discussion app Hush has raised an undisclosed amount as part of its first external round of investment. The seed round was led by early-stage venture capital firm Accel along with participation from Sanjay Nadkarni (country manager at ... Continue Reading
Read More at The Economic Times
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