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The move comes days after the Public Broadcasting Service aired a documentary on H-1B visa programme that allows skilled workers from countries like India to fill high-tech jobs in the US. (Photo: DC/File)

Indian IT companies may bear the brunt with US proposing H-1B visa fee...

US is proposing H-1B visa fee hike to increase funding for expansion of an apprentice programme to train American...

7 May 2019 10:58 AM IST

Mastercard has over USD 4.5 billion worth of investment in India.

Mastercard to invest USD 1 bn in India, plans to make country global...

This investment will help foster innovation, increase Mastercard's speed-to-market capabilities and value-added...

7 May 2019 10:41 AM IST

Rupee strengthened by 28 paise to close at 70 against the dollar on Thursday.

Rupee rises 4 paise to 69.36 vs USD in early trade

Rupee rise was driven by weakening of the greenback and positive opening in domestic equities.

7 May 2019 10:27 AM IST

The benchmark Sensex pared some gains and were trading higher by 0.69 per cent or 233.02 points at 34,080.25 at 0955 hrs. (Photo: File)

Sensex recovers over 200 pts in early trade

Recovery was led by gains in banking and IT stocks despite weak global cues.

7 May 2019 10:05 AM IST

Gartner predicts AI-enabled PPM will begin to surface in the market sometime this year. (Photo: Pixabay)

Volatility hits highest level since September 2015

The broader market fared better with the BSE Mid-Cap Index down 0.79 per cent and Small-Cap down 0.85 per cent.

7 May 2019 5:38 AM IST

An FMP by definition has to pay its investors on a pre-determined date, and a fund house that is unable to meet its commitment can easily trigger shrill warning bells.

FMPs may no longer be seen as FD alternative

HDFC and Kotak, two storied asset management companies, have recently rolled over a number of FMPs.

7 May 2019 5:33 AM IST

Auto experts said the Hyundai Venue with its attractive design and latest technology would disrupt the car market in India and offer Maruti Suzuki, Mahindra and Tata Motors a stiff fight.

Hyundai Venue to disrupt car market

The Hyundai Venue's price is expected to range from Rs 8 lakh to Rs 12 lakh pan India showroom.

7 May 2019 5:30 AM IST

As part of the industrys efforts to prevent conflict-ridden diamonds entering the trade, diamond miners have started using block chain technology.

Diamond trade adopts block chain tech

GemFair provides artisanal miners with traceability, empowerment and fair market value.

7 May 2019 5:26 AM IST

The average M&A deal size for transactions increased to $132.8 million in 2018 compared to $82.9 million over the same period last year.

M&A deal value in hospital sector jumps

The total transaction value was the highest in five years.

7 May 2019 5:20 AM IST

The ongoing general elections seem to have taken its toll on the countrys solar sector.

Polls bring solar bids to a halt

In an earlier study, Mercom had reported that the solar industry seemed to be progressing at a sluggish pace in the...

7 May 2019 5:15 AM IST

The BSE Consumer Discretionary Index fell 1.33 per cent while the BSE FMCG Index fell 0.23 per cent.

Consumer-facing stocks plunge

Another top loser in the fast moving consumer goods (FMCG) space was Marico, which fell 4.56 per cent.

7 May 2019 5:11 AM IST

LICs stake went up in seven Sensex companies during Q4. They are: Bajaj Auto; Mahindra & Mahindra; Kotak Mahindra Bank; HDFC Bank; ONGC; Coal India; and ITC.

LIC books profit in Sensex firms in Q4

In Punjab National Bank, not a Sensex stock, the LIC stake came down from 8.89 per cent to 7.34 per cent.

7 May 2019 5:07 AM IST