Buisiness

H1B visa scheme enables organisations in the United States to employ overseas professionals temporarily in specialised roles. H-1B visa policy changes under US President Donald Trump’s government makes major Indian IT firms susceptible to immigration policy changes and higher costs, says Moody’s in its latest report. Indians secured approximately 75% of H-1B visas granted in…

Apple’s engagement with Indian manufacturers demonstrates the technology company’s commitment to strengthening its presence in India. (AI image) Apple is looking to expand its supplier network in India, and is currently in talks with Wipro Enterprises and Lakshmi Machine Works (LMW), according to several sources familiar with the situation.The American iPhone manufacturer has already established…

Cipla has announced an exclusive licensing agreement with Taiwan-based Formosa Pharmaceuticals to market clobetasol propionate ophthalmic suspension 0.05% (APP13007) across 11 countries, including India. It is used to treat post-op inflammation and pain following ocular surgery. Source link

. BENGALURU: Zepto has launched Apple products on its platform following increased consumer demand, co-founder and CEO Aadit Palicha said on Tuesday. He said over a million searches for Apple devices were recorded on Zepto in the past 60 days. Stay informed with the latest business news, updates on bank holidays and public holidays. Source…

Market experts anticipate continued recovery in the short term. (AI image) Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Wednesday. While BSE Sensex was above 75,300, Nifty50 was above 22,850. At 9:18 AM, BSE Sensex was trading at 75,356.88, up 56 points or 0.074%. Nifty50 was at 22,861.55,…

NEW DELHI: Hudco will become a zero NPA company with no bad loans in its books in the next 18 months, following resolution of projects worth around Rs 1,200 crore at National Company Law Tribunal and Rs 400 crore at Debt Recovery Tribunal, its CMD Sanjay Kulshrestha said. Source link

NEW DELHI : India and New Zealand are working to finalise a comprehensive and mutually beneficial Free Trade Agreement (FTA), commerce and industry minister Piyush Goyal said on Tuesday, and called for targeting robust growth in bilateral trade over the next decade.The two countries decided to relaunch negotiations for a free trade agreement on Saturday…

Bajaj to buy out Allianz’s stakes in insurance joint ventures MUMBAI: In the biggest insurance sector deal in India, Bajaj group will buy out Allianz’s 26% stakes in their life and non-life insurance ventures for Rs 13,780 crore and Rs 10,400 crore, respectively. The deal will make both insurers fully Indian-owned.Under the share purchase agreement,…

Is the US economy headed for a downturn? (AI image) Is the US economy headed for a recession? A recession happens when an economy’s GDP contracts for two consecutive quarters. A recent SBI Research report says that the long term US GDP growth shows a declining trend.Concerns have risen about the economic outlook of the…

Gold prices surged by Rs 500, reaching a record high of Rs 91,250 per 10 grams in the national capital on Tuesday. This increase was driven by continued buying from stockists and retailers, coupled with strong trends in international markets, according to the All India Sarafa Association. On Monday, gold with 99.9% purity had already…