Free medical for in-laws helps Indian tech start-ups woo talent back from America

Last Updated: Friday, May 1, 2015, 07:57

After losing top engineering talent for years to America`s tech heartland of Silicon Valley, India is luring them back as an e-commerce boom sparks a thriving start-up culture, unprecedented pay, and perks including free healthcare for in-laws.

US keeps China, India on intellectual rights watch list

Last Updated: Friday, May 1, 2015, 03:32

The United States on Thursday kept China and India on its Priority Watch List of trading partners that fail to protect intellectual property rights (IPR), hurting the economy.

Crompton Greaves inks pact with Paraguay's ANDE

Last Updated: Thursday, April 30, 2015, 12:09

"Avantha Group company CG has signed a contract with...(ANDE), national power utility of Paraguay for the design, manufacturing, testing and supply of switchgear equipment," Crompton Greaves said in a BSE filing.

SEC probes Bank of America over customer funds: Source

Last Updated: Tuesday, April 28, 2015, 22:02

The Securities and Exchange Commission is investigating Bank of America to see whether it broke rules by speculating with its customers` funds, a person close to the matter said Tuesday.

BofA raises oil price forecasts for 2016

Last Updated: Monday, April 27, 2015, 17:56

Bank of America Merrill Lynch has revised upward its oil price forecasts for 2016, but said it remained bearish amid oversupply, weak demand from emerging markets, a return of US shale production and expectations of a deal on Iran.

US, Japan make progress in trade talks but no deal seen yet: White House

Last Updated: Saturday, April 25, 2015, 06:11

US and Japanese negotiators have made "substantial progress" toward a deal on a major Pacific free-trade pact but President Barack Obama and Prime Minister Shinzo Abe are not expected to announce a final accord during Abe`s Washington visit next week, the White House said on Friday.

WTO members long way from finalising Doha round work programme

Last Updated: Saturday, April 25, 2015, 03:09

There has been a "sombre" progress by WTO members in finalising a work programme by July for the Doha round of talks and they are "a long way" from reaching an agreement on agriculture.

''Flash crash'' trader's ex-employer had no concerns about him

Last Updated: Saturday, April 25, 2015, 01:34

Futex, the trading firm that for five years employed the Briton accused of fraud and market manipulation by U.S. authorities related to the May 2010 `flash crash,` had no concerns about his trading during his tenure, the firm said in a statement Friday.

Barack Obama defends Pacific trade deal

Last Updated: Friday, April 24, 2015, 06:39

US President Barack Obama on Thursday faced down criticism from his own supporters over a looming Pacific trade deal, saying he had no intention of selling American workers out.

Amazon revenue beats forecast, cloud computing more profitable than expected

Last Updated: Friday, April 24, 2015, 06:08

Amazon.com Inc`s first-quarter revenue grew more than expected as rising sales in North America and its burgeoning cloud-computing services unit offset new business investments, boosting its shares nearly 7 percent.

GM first-quarter profit misses estimates on South America, Russia weakness

Last Updated: Friday, April 24, 2015, 02:43

General Motors posted a smaller-than-expected quarterly profit on Thursday on weakness in South America and Russia and a higher tax rate, sending shares down 3.5 percent.

Spain rejects extraditing trader in `London Whale` case to US

Last Updated: Friday, April 24, 2015, 00:59

Spanish authorities have refused to extradite a former JPMorgan bank trader to the United States where he faces criminal charges in the massive "London Whale" fraud scandal.