Category Archives: Business

India to track exact positioning of aircraft in its oceanic airspace from 2020

HDFC Bank’s Q4 net profit rises 22.6% to Rs 4,799 crore

HDFC Bank has reported a net profit of Rs 5,885 crore for the quarter ended March 31, 2019 – an increase of 22.6% over Rs 4,799 crore in the corresponding quarter last year.

HDFC Bank Q4 net profit rises 23% to Rs 5,885 crore

Net interest income grew by 22.8 per cent to Rs 13,089.5 crore in the last quarter of FY2018-19 from Rs 10,657.7 crore in the year-ago quarter driven by average asset growth of 19.8 per cent and a core net interest margin of 4.4 per cent, the bank said.

Jet staff seek Prez intervention for salary dues

Amid uncertainty over the future course of the carrier, two employees’ unions have now written to the President and the PM. In separate but similarly-worded letters this week, the Society for Welfare of Indian Pilots and Jet Aircraft Maintenance Engineers Welfare Association have requested help in clearing their outstanding salary dues.

What’s in a domain name? A lot, if it’s on Amazon

As you can imagine, there’s a lot riding on a domain name. Thus, the world’s largest online retailer is battling the custodians of the world’s largest rainforest for the rights to the name. This Sunday, Amazon will put forward a new proposal at the Internet Corporation for Assigned Names and Numbers, the body that assigns domain names.

Reliance says not violating US sanctions on Venezuela, bought oil with knowledge of US authorities

In a statement, Reliance said reports suggesting that it was involved in an arrangement that leads to cash payment for oil supplies to Venezuelan national oil company PDVSA via third parties are “false and reckless”.

Global panel to review approval of Boeing 737 Max flight controls

No Jet Airways, but tulips still bloom for Indians flying out on group tours

Tulips are in full bloom in Holland’s Keukenhof Gardens, a 45-minute drive from Amsterdam’s Schiphol airport where a Jet Airways flight used to land daily at 8.15am with tourists from Mumbai and the rest of India. A large number of these tourists were on group tours organized by Indian travel companies.

TikTok parent plans to pump $1bn into India in 3 yrs

by the ban on TikTok in India, the popular Chinese short video app’s parent ByteDance remains “very optimistic” and plans to invest $1 billion in the country over three years.

Long notice periods are fuelling counter-offers

Organisations are strictly adhering to the rule of long notice periods. This, recruitment agencies say, is not only hindering the process of hiring but is also fuelling counter-offers. Companies are increasingly investing in the learning and development of people, which is why losing a candidate and hiring a new one has become a costly affair.