After rumour mills have worked overtime for months now, the cat is finally out of the bag.
JPMorgan Chase & Co’s hiring practices in China have come under the scrutiny of U.S. authorities.
When competition heats up in a particular industry, players tend to decrease the prices of their products and services in order to grab a larger pie of the market share. Typically, in such situations, customers tend to benefit as companies engage in price wars.
As a part of the draft safe harbor rules announced Wednesday, the Indian government gave conditional exemption to multinational corporation’s transactions with their Indian setups from being quizzed on concealment of tax.
With the objective of cutting costs, network equipment manufacturer Cisco Systems is shedding 5 percent of its workforce.
Godrej Consumer Products' promoter, Godrej Industries Tuesday purchased 12 lakh shares of the FMCG major for Rs 103 crore from other promoter entities.
A slew of measures announced by India's finance minister on Monday to arrest the fall of the rupee were not enough to prevent the Indian currency from sliding to 61.66. The rupee had touched a record low of 61.80 hit on August 6 this year.
The Rajya Sabha has approved the all-encompassing new Companies Bill that will replace the Companies Act of 1956. The Companies Bill will be enacted into a law after the President of India, Mr Pranab Mukherjee, approves it. The Lok Sabha had passed the Bill in December 2012.
Long-running battle of patents between World's number one and two smartphone companies come across a verdict.
Two former employees of JP Morgan; Javier Martin-Artajo and Julien Grout, are likely to be arrested by the federal authorities on alleged involvement in the ‘London Whale’ case that rocked the bank last year.