Leadership remains key challenge for companies globally, says report

Leadership remains key challenge  for companies globally, says report

MUMBAI, FEBRUARY 8 (PTI): Even as there has been an increase in leadership programme spending across the world in 2015, including in India, the overall capability gap has grown in companies, according to a report.   Deloitte’s 2015 Global Human Capital Trends report revealed that many companies treat leadership sporadically, confining development to a select […]

Zomato claims to break even in India operations

Zomato claims to break even in India operations

New Delhi, February 8 (IANS): Leading online restaurant booking and food ordering application (app) firm Zomato on Monday claimed achieving break-even or operating profit in its business across India and five countries in South East Asia and the Gulf region.   Other countries are Lebanon, Qatar and the United Arab Emirates (UAE) in the Gulf […]

Maruti Suzuki begins Baleno shipments to Japan

New Delhi, February 8 (PTI): The country’s largest carmaker Maruti Suzuki India (MSI) has dispatched the first shipment of its premium hatchback Baleno to Japan where it will be launched next month.   It is for the first time that a model manufactured by Maruti Suzuki is being exported to Japan where its parent company […]

TRAI rules against differential pricing for Internet services

NEW DELHI, February 8 (Reuters): The Telecom Regulatory Authority of India (TRAI) on Monday ruled against differential pricing for Internet services, in a setback to Facebook Inc’s plan to roll out free Internet to the masses in Asia’s third-largest economy. TRAI said that Internet service providers would not be allowed to discriminate on pricing of […]

US, India in talks to settle solar power trade dispute

US, India in talks to settle solar power trade dispute

WASHINGTON, February 6 (Reuters): The United States and India are in talks that could settle a long-running solar power trade dispute, delaying the announcement of a ruling by the World Trade Organization, an Obama administration official said on Friday.   Washington filed the WTO challenge three years ago, claiming that India’s national solar power programme […]

Aamir Khan loses Snapdeal contract

New Delhi, February 6 (PTI): Online retailer Snapdeal has decided not to renew its contract with Aamir Khan as its brand ambassador within months of the Bollywood actor’s comments on perceived intolerance in the country that made him and the e-commerce giant target of severe criticism.   Khan’s contract expired on January 31 and Snapdeal […]

Govt withdraws customs exemption on 74 drugs, prices to rise

New Delhi, February 6 (PTI): As many as 74 drugs, including life saving ones used for treating cancer and HIV, will see sharp rise in prices as the government has withdrawn customs duty exemption on their imports.   The Central Board of Excise and Customs (CBEC) last week issued a notification withdrawing exemption of levy […]

Online shopping may not be as green as we think

New York, February 6 (IANS): Who does not love to sit at home in sweatpants and shop online? But it may not be as environment friendly option as often people think, new research suggests. Scientists have found that the total number of vehicles miles travelled has not decreased at all with the growth of online […]

China, UN to stage world tourism conference

Beijing, February 6 (IANS): The Chinese government and the United Nations’ World Tourism Organisation (UNWTO) will co-host an international tourism conference in Beijing in May, an official said on Saturday. Up to 850 attendees from 143 countries will be invited to the four-day meeting running from May 18, Xinhua quoted Zhang Lizhong, departmental director of […]

YES Bank to install water purifiers at 1,000 railway stations

Mumbai, February 5 (IANS): In a unique public-private-initiative (PPP), YES Bank has collaborated with Indian Railways to provide community water purification systems at 1,000 railway stations across India by 2019, an official said here on Friday.   The project will see the bank install the systems at 100 D and E category railway stations in […]

Facebook celebrates ‘Friendship Day’ on its 12th anniversary

California, February 4 (IANS): Social networking giant Facebook on Thursday celebrated “Friendship Day” on its 12th anniversary by rolling out a special video.The video titled “Friends Day Video” was launched as Facebook crossed 1.5 billion monthly active users and beat all revenue forecasts by posting a record fourth-quarter results for 2015.   Earlier, its CEO […]