BNY Mellon to expand work done out of India
A few of its technology initiatives are already led out of India, especially around digital transformation; bank planning local CoE too. Accounting is one such area where Panicker expects its Indian operations to start doing more end-to-end work. The company relies on a mix of campus and lateral hires, focusing on training existing employees on new skills.
Mercedes Benz India hopes to get back on growth track next year
The company, whose sales declined 16% to 9,915 units in the nine months to Se...
India needs tariff reforms to boost consumption of renewables: WWF
According to the report, C&I consumers' power demand is met principally by...
Consumers in India turn most pessimistic in more than five years
The drop coincides with a deepening slowdown in the economy and rising worries about employment.
Share market update: Metal shares mixed; Coal India down 1%
The Nifty Metal index was trading 0.09 per cent up at 2546.2 .
Board Meetings Today: IRB Infra, Rolta India and Punjab & Sindh Bank
It makes sense to have a look at the corporate agendas for the day’s as announced to the stock exchanges.
UK’s Triumph Motorcycles retail sales up 10% in India
While the slowdown hasn’t shown a significant impact on Triumph's sales, weak consumer sentiment did result in the motorcycle maker deferring its dealership expansion plan by six months. The company plans to have 20 dealerships in the country in the next 18 months. It has identified Guwahati, Goa and two unspecified locations in the northeast and the south for the upcoming dealerships.
Several countries agree J&K internal matter of India: MEA in Lok Sabha
The Ministry of External Affairs has informed the Lok Sabha that several countries have agreed that matters related to Jammu and Kashmir are internal to the country following proactive outreach by the government.
A prolonged rout looms for India bonds as RBI pulls support
It’s starting to look like India’s sovereign bond market is on the brink of a prolonged rout.
India’s economy is sputtering. But its stock market powers ahead
Economic growth is at the lowest since before Prime Minister Modi came to power in 2014.
India committed to partnering with Maldives for its development: Narendra Modi
The prime minister said that "as a close friend and maritime member, India is committed to partnering with the Maldives for democracy and development".
OECD says India needs to step up reform efforts to increase quality jobs, incomes
The latest OECD Economic Survey of India notes that while India has greatly expanded its participation in global trade in recent years, private investment remains relatively weak, the employment rate has declined amid a shortage of quality jobs, rural incomes are stagnating, and per-capita income varies considerably across states.
India gifts patrol vessel to Maldives as net security provider of region
The brand-new vessel will be manned by eight Maldives personnel trained in India and will be an asset for the Maldives in enhancing its maritime security, fostering its blue economy and safeguarding its tourism industry. India is a key supplier of defence equipment to the Maldives and also trains its military personnel.
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