Money Matters - Simplified


iphone news : September 10 the D-day for iPhone fans!

After rumour mills have worked overtime for months now, the cat is finally out of the bag.

US regulators scrutinizing JP Morgan’s hiring practices in China

JPMorgan Chase & Co’s hiring practices in China have come under the scrutiny of U.S. authorities.

Telecom News:Mobile calls may become a shade expensive

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.

New ‘safe harbour’ rules to curb transfer pricing disputes

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.

Cisco to Cut 4000 Jobs despite Profitable 4th Quarter

With the objective of cutting costs, network equipment manufacturer Cisco Systems is shedding 5 percent of its workforce.

Godrej Industries strikes deal, buys Rs. 103 crore Godrej Consumer shares

Godrej Consumer Products' promoter, Godrej Industries Tuesday purchased 12 lakh shares of the FMCG major for Rs 103 crore from other promoter entities.

Rupee Continues to Slide, New Measures of Little Help

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.

Companies Bill, 2013 to Replace Companies Act, 1956

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.

Verdict after Clash of Technologies: All’s well with Ebullient Apple Inc. after US Trade Panel Judgment

Long-running battle of patents between World's number one and two smartphone companies come across a verdict.

Two Ex-Employees of JP Morgan Face Arrest

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.