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Page 1793 - Business Finance

Parablu Signs Distribution Agreement With UAE-based Clouds Dubai

/ -- The partnership is aimed at making available Parablu's suite of award-winning cloud data management solutions to enterprises in the middle-east Parablu, an award-winning leader in the secure data management solutions space, today announced its distribution agreement with Clouds Dubai, a leading IT Security distributor based in the UAE. As a part of this partnership, Clouds Dubai will promote Parablu's BluKrypt, BluVault, BluDrive and BluSync products in the GCC through its channel partners. (Logo: https://mma.prnewswire.com/media/470111/Parablu_Logo.jpg ) Clouds Dubai is a leading provider and a value-added distributor of IT Security products in the Gulf region. With an extensive channel base in the Middle East backed by qualified sales and technical teams, Clouds Dubai today has a diversified portfolio of IT Security products and services. Speaking on this initiative, Mr. Aji Joseph, Sales Director, Clouds Dubai said: "We are excited to partner with one of the industry's leading

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Updated On : 20 Nov 2018 | 10:25 AM IST

Torry Harris Business Solutions Wins Comparably's 'Best of 2018 Award'

/ -- Torry Harris Business Solutions (THBS), a global leader in integration, full life-cycle API management and digital transformation, wins Comparably's 'Best of 2018 Award' for 'Work-Life Balance' under the large company category. "This award is significant as we celebrate 20 years of leadership in the integration niche and are looking for growth, both in Products and Services. Employees are our greatest asset and their happiness is important to us; we are thrilled that this aspect of our company culture is recognized," said Brijesh Sequeira, Chief People Officer at THBS. The overall culture score A+, incorporates employee ratings based on their feedback on the Overall Culture, Compensation, Leadership, Diversity and more. "This set of Comparably Awards focuses on companies that most reward their employees. These employers stand out as the best of the best providing amazing benefits and a great work-life balance," said Jason Nazar, CEO of Comparably. About THBS Torry Harris Business

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Updated On : 20 Nov 2018 | 10:10 AM IST

Emma Beaumont Joins AntWorks as Chief Marketing Officer

/ -- Former Global Managing Director, SSON, to energise AntWorks' bold plans for further global market expansion AntWorks, a global leader in Intelligent Automation, today announced that renowned Business Services Community Leader, Emma Beaumont has joined the company as Chief Marketing Officer. Emma will lead all marketing efforts globally, and help fuel AntWorks' continued expansion in the US, Europe and Asia markets. Emma brings a rare combination of remarkable talent, commercial acumen, strategic and operational cross-functional management, and an unparalleled industry network to invigorate and propel AntWorks' worldwide marketing initiatives. (Logo: https://mma.prnewswire.com/media/766766/AntWorks_Logo.jpg ) (Photo: https://mma.prnewswire.com/media/786759/AntWorks_Emma_Beaumont.jpg ) Emma was most recently Global Managing Director for Shared Services & Outsourcing Network (SSON), where she was instrumental in driving the strategic direction and profitable growth of SSON's ...

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Updated On : 20 Nov 2018 | 10:05 AM IST

Market drifts lower in early trade

Domestic stocks opened on a negative note tracking lower Asian stocks. At 9:22 IST, the barometer index, the S&P BSE Sensex, was down 90.62 points or 0.25% at 35,684.26. The Nifty 50 index was down 41.30 points or 0.38% at 10,722.10.

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Updated On : 20 Nov 2018 | 9:50 AM IST

Sensex, Nifty open in red

The key Indian equity indices, BSE Sensex and Nifty50, opened in red on Tuesday.

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Updated On : 20 Nov 2018 | 9:50 AM IST

Oil loses steam as supply concerns add to negative economic outlook

SINGAPORE (Reuters) - Oil markets lost steam on Tuesday, giving back earlier gains, as a deteriorating economic outlook and a surge in U.S. production outweighed expected supply cuts by the Organization of the Petroleum Exporting Countries (OPEC).

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Updated On : 20 Nov 2018 | 9:35 AM IST

China's economic opening-up to help offset U.S. trade frictions: central bank adviser

BEIJING (Reuters) - China's opening up of its economy will help it cope with the trade frictions with the United States, a central bank adviser said on Tuesday, adding that China cannot go backwards on its market reforms.

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Updated On : 20 Nov 2018 | 9:35 AM IST

GMR Infrastructure update on subsidiary - Delhi International Airport

Accordingly, AERA allowed DIAL to charge the rates equivalent to BAC+10% of BAC effective from 01 December 2018.

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Updated On : 20 Nov 2018 | 9:31 AM IST

HEG jumps as board to mull buyback

HEG rose 3.14% to Rs 4395.20 at 9:18 IST on BSE after the company said its board will meet on 26 November 2018 to consider the proposal of buyback of the equity shares of the company.

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Updated On : 20 Nov 2018 | 9:31 AM IST

Rupee strengthens 29 paise to 71.38 against US dollar

Continuing its rising spree for the sixth straight day, the rupee appreciated by another 29 paise to trade at nearly three-month high of 71.38 against the dollar in opening trade Tuesday on persistent foreign fund inflows. Besides, the dollar's weakness against some currencies overseas also supported the rupee. The domestic unit opened with strength at Rs 71.39 at the Interbank Foreign Exchange and advanced further to trade at 71.38 against the US dollar. This is the highest level since September 4. Meanwhile, the Reserve Bank and the government Monday, agreed to refer to an expert committee the contentious issue of appropriate size of reserves that the RBI must hold, while restructuring of stressed loans of small businesses would be considered by the central bank. The domestic currency had gained 26 paise to end at a 10-week high of 71.67 against the dollar Tuesday supported by steady forex inflows amid a crucial RBI board meeting. Foreign institutional Investors (Fiis) bought shares

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Updated On : 20 Nov 2018 | 9:30 AM IST

Rupee, bonds rise after RBI board meeting

MUMBAI (Reuters) - Indian rupee and bonds rose in early trade on Tuesday after the outcome from a central bank board meeting late Monday removed uncertainty over a growing rift over policy decisions between the government and the Reserve Bank of India (RBI).

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Updated On : 20 Nov 2018 | 9:25 AM IST

HEG in spotlight as board to mull buyback

HEG said its board will meet on 26 November 2018 to consider the proposal of buyback of the equity shares of the company. The announcement was made after market hours yesterday, 19 November 2018.

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Updated On : 20 Nov 2018 | 9:04 AM IST

Market may open slightly lower

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 8 points at the opening bell.

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Updated On : 20 Nov 2018 | 9:04 AM IST

Big B to meet UP farmers to pay off their loans

After Maharashtra, megastar Amitabh Bachchan will pay off loans of farmers in Uttar Pradesh and will personally meet some of them to give them their bank letters.

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Updated On : 20 Nov 2018 | 9:00 AM IST

Global Markets: Stock markets tumble on tech sell-off, dollar sags

TOKYO (Reuters) - Asian stock markets skidded on Tuesday, extending sharp losses on Wall Street as technology firms bore the brunt of worries about slackening demand, while the dollar sagged after weak U.S. data further sapped confidence in the currency.

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Updated On : 20 Nov 2018 | 8:35 AM IST

Tatas to go slow on deal to acquire debt-laden Jet Airways: Times of India

(Reuters) - Indian conglomerate Tata Sons Ltd will go slow on a deal to buy Jet Airways (India) Ltd after some directors expressed reservations at an inconclusive board meeting last Friday, the Times of India reported on Tuesday.

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Updated On : 20 Nov 2018 | 8:25 AM IST

UK India Business Council releases annual Ease of Doing Business report

Based on an in-depth survey of businesses with a combined turnover of USD 122 billion, the report found only 25 percent of UK businesses saw corruption as a major barrier in 2018, as opposed to 51 percent in 2015. The drive to digitalise government interactions was cited as a major factor behind this as it has led to reduced face-to-face interactions where corruption is most likely to take place.Another key finding was that a remarkable 46 percent of UK Businesses responding had plans to expand their investments in India in the next 12 months. Moreover 25 percent of those responding intend to direct this new investment eastwards - seeking new opportunities in states such as West Bengal, Assam, Meghalaya, and Manipur.The roll-out of GST was also cited as a contributor to the improved operating environment with those optimistic about the reform doubling on 2017, overturning initial caution around its implementation in last year's report.This year, on seven of the 17 indicators for ...

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Updated On : 20 Nov 2018 | 7:25 AM IST

Oil stable amid expectations OPEC will cut supply to prevent glut forming

SINGAPORE (Reuters) - Oil prices were stable on Tuesday on expectations that producer club OPEC will soon cut supply to prevent oversupply amid slowing demand growth and a surge in output from the United States.

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Updated On : 20 Nov 2018 | 7:05 AM IST

Oil prices edge up on expected OPEC supply cuts

SINGAPORE (Reuters) - Oil prices edged up on Tuesday as markets expected producer club OPEC to agree to supply cuts at their next meeting on Dec. 6, aimed at preventing oversupply amid slowing demand growth and a surge in output from the United States.

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Updated On : 20 Nov 2018 | 7:00 AM IST

Asia down as Wall Street knocked by tech sell-off, dollar sags

TOKYO (Reuters) - Asian stock markets slipped on Tuesday, extending sharp overnight losses on Wall Street as technology firms bore the brunt of worries about slackening demand, while the dollar sagged after weak U.S. data further sapped confidence in the currency.

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Updated On : 20 Nov 2018 | 6:45 AM IST