Business News
After a letter by one of the ex-member of the board anonymously, it is Omkar Goswami, ex-member of the board as well, this time who expresses his thoughts for Narayan Murthy. Let’s hear what he says. Respected Mr Murthy, Why did the board agree to so many of your demands, all played out in public…
LIC (Life Insurance Corporation) of India is sure enough that the meeting room fight at Infosys would result to improved days. This is because Infosys carries on with a fresh Chief Executive who can carry both the staff and promoters along with a dream to conquer technological confronts. LIC is the 2nd-largest shareholder in the…
Amazon, the online e-commerce major, has made a delayed offer for FreeCharge. FreeCharge is the digital transactions platform possessed by Snapdeal, the concerned e-commerce marketplace. This offer from Amazon comes at a time when the Gurgaon-based firm is also in talks to trade its transactions unit to Axis Bank and Airtel Money, the mobile wallet…
Home Depot, the home improvement giant, experienced significant downside volatility, despite releasing better than expected earnings and revenue. The share price tumbled through support near the 50-day moving average, as some investors were looking for even better results. The Home Depot share quarterly report, showed that the company beat on the top and bottom line,…
FMCG sector has been a lucrative industry since earlier days and it has hardly seen a drop in its growth chart so far. With the addition of new products with a wide variety and long sustainable shelf life, the sector has retained its position as the highest performer among the sectors. The U.S. market has…
