Sometime In 2018, Apple Might Just Become The First Trillion-dollar Company

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Apple asks suppliers to explore shift from China

June: Apple Inc. has asked its largest suppliers to consider the costs of shifting 15 per cent to 30 per cent of its output from C...

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HDFC to acquire 51 per cent in Apollo Munich

Mumbai: Mortgage lender Housing Development Finance Corporation (HDFC) on Thursday announced acquisition of majority stake in stan...

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RBI fines HDFC Bank Rs 1 crore for violation of KYC norms

Mumbai:The Reserve Bank of India on Tuesday fined country's largest private sector lender HDFC Bank Rs 1 crore for not reporting f...

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Chinese banks demand $2.1 billion from RCom

Chinese lenders, including China Development Bank, Industrial and Commercial Bank of China and Exim Bank of China, have demanded a...

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Mauritius rule changes may hit offshore funds

Mumbai: The Mauritius government’s proposal to amend tax residency rules for companies is giving jitters to foreign funds op...

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RBI to review data storage rules for payment firms

New Delhi: The Reserve Bank of India (RBI) will look into concerns about data storage rules that have been raised by companies, a ...

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Law to mark out real and lab-made diamonds likely

Chennai: The government is working on making necessary changes to the Consumer Protection Act 1986 in order to distinguish between...

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Huawei says US ban could wipe $30 billion off revenue

HONG KONG: China's Huawei Technolo-gies Co Ltd has taken a harder-than-expected hit from a US ban, the company's Founder and CEO R...

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Claims against RCom swell to Rs 57,382 cr; Rel ADAG cos among claimants

New Delhi: Claims against Reliance Communications (RCom) have risen to Rs 57,382.5 crore with new entities, including some Relianc...

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Facebook to unveil new cryptocurrency

London: Facebook is set on Tuesday to unveil a bid to bring cryptocurrency payments into the mainstream, reportedly with the endor...