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Microsoft becomes largest exporting company in Ireland: Report

Microsoft becomes largest exporting company in Ireland: Report

US tech firm Microsoft has become the largest exporting company in Ireland, taking over from Google, a report has said.

The report, published by the Irish Exporters Association (IEA), in association with financial group Investec, showed that Microsoft, with over 1,200 employees in Ireland, had a big increase in export turnover of 21%, up from 15 billion euros to 18.2 billion euros year on year, Xinhua news agency reported.

Now, Airtel pre-paid customers to pay only per-second rates for calls

Now, Airtel pre-paid customers to pay only per-second rates for calls

Indian telecom major Bharti Airtel has moved all its pre-paid subscribers across the country to pay-per-second, ensuring customers pay only for the time they use the network.

The move comes amid regulator TRAI examining whether there are any tariff plans by the service providers wherein call drops actually incentivise or benefit the companies.

Air India forms monitoring team for safe, clean travel

Air India forms monitoring team for safe, clean travel

Air India on September 20 announced it has set up a dedicated monitoring team under an executive director which would conduct surprise checks to ensure safe travel and better service delivery to its passengers.

"Senior executives will undertake surprise checks to monitor and supervise the safety and cleanliness inside and outside the aircraft. They will ensure increased servicing of equipment onboard the aircraft," the national carrier said in a release.

ONGC, Oil India and Cairn India seek cut in cess on crude

ONGC, Oil India and Cairn India seek cut in cess on crude

State-owned oil producers ONGC and Oil India as well as private sector Cairn India have asked the government to cut cess on crude oil they have to pay in view of slump in prices.

The producers want the government to levy ad-valorem rate of cess which will result in higher payouts when prices are high and lower payout when rates fall. Currently, ONGC and OIL pay a cess of Rs 4,500 per ton on crude oil they produce from fields given to them on nomination basis.

SBI Cards see e-commerce share double to 45% in 1 yr

SBI Cards see e-commerce share double to 45% in 1 yr

MUMBAI: SBI Cards - the credit card-issuing joint venture between the country's largest bank and GE Capital - has seen share of e-commerce in its total transactions double to 45% in the last one year.

The country's third largest credit card issuer is expecting online transactions to overtake physical ones (where cards are swiped) and has launched a dedicated card for online which gathers more rewards points. SBI Cards is offering SimplyCLICK which - through a strategic partnership with Amazon India, BookMyShow, Cleartrip, FabFurnish, Foodpanda, LensKart and Ola Cabs - will offer ten times the reward points of a regular card for a transaction with these merchants.

Mukesh Ambani’s spending spree paying off as bond risk slides for RIL

Mukesh Ambani’s spending spree paying off as bond risk slides for RIL

Mumbai: Bond risk for billionaire Mukesh Ambani’s Reliance Industries Ltd is falling for the first time in four quarters as it gets ready to start a fourth-generation (4G) mobile phone network and to make more synthetic materials.

Contracts that protect debt in India’s second-biggest company by value against non-payment have fallen 22 basis points from an eight-month high of 206 on 25 August, according to data provider CMA.

Infosys wins Rs1,320 crore contract to build GST technology network

Infosys wins Rs1,320 crore contract to build GST technology network

New Delhi: India has awarded a contract worth Rs.1,320 crore to Infosys Ltd to build and maintain the technology network crucial for implementing the proposed goods and services tax (GST) system across the country for five years, an official aware of the matter said on Monday.

The government had created a company called GST Network to provide the technology backbone to introduce GST and connect the databases of states and the Centre.

Listen to the farmers, Sonia tells Modi govt.

Listen to the farmers, Sonia tells Modi govt.

Accusing Prime Minister Narendra Modi of having no time for farmers, Congress president Sonia Gandhi on Sunday vowed to take her party’s fight for farmers’ rights from Delhi to the States.

Speaking at a Kisan Samman rally on the Ramlila Maidan to commemorate the Congress’ ‘victory’ in forcing the Modi government to backtrack on the controversial land acquisition ordinance, Ms. Gandhi pronounced it as a victory for all farmers.

Why experts are bullish on these 5 stocks during volatility

Why experts are bullish on these 5 stocks during volatility

The BSE Sensex and NSE Nifty gained around around 2.5 per cent last week supported by positive macro economic data and US Federal Reserve decision not to raise the interest rates. According to market experts, the outcome of events and data during the last few weeks have raised hopes among the participants for a rate cut in RBI’s September 29 monetary policy review, clearly reflected through the recovery in banking space. Besides, rotational buying in other sectors also aided index to sustain at the higher level.

The BSE Sensex and NSE Nifty advanced 608.70 points and 192.60 points to 26,218.91 and 7,981.90 on September 18 from 25,610.21 and 7,789.30 on September 11.

After Maruti, its only listed dealer touches a new high

After Maruti, its only listed dealer touches a new high

It was not Maruti Suzuki's stock alone that was on a roll last month, touching a new high after it announced a 56-per cent jump in first quarter profit and a high double-digit increase in July vehicle sales. Delhi-based Competent Auto, Maruti's only listed dealer, too, saw its stock touch a new high.

Being the only listed dealership of Maruti, it can be considered a good proxy for the growth witnessed by the country's largest passenger vehicle maker. Maruti's sales in the domestic market went up by 11.1 per cent to 1.17 million units in the year ended March.

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