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Salesforce To Add 1,000 Jobs In Hyderabad


Hyderabad: Software services major Salesforce plans to add 1,000 jobs in Hyderabad by 2020, making the city one of its largest engineering and customer success centers globally. The company, which opened a new Center of Excellence (CoE) in the city on Tuesday, will expand its team of enterprise software engineers and customer success representatives in Hyderabad . Telangana Minister for ... Read More »

Could retain up to 40% of massive deposits since note ban


State Bank of India could retain between 15 and 40 percent of the massive deposits it received since the government removed popular bank notes from circulation in November, Chairman Arundhati Bhattacharya said in an interview to Bloomberg. Bhattacharya was, however, unable to give a precise estimate of how much of the deposits would be retained owing to the lack of ... Read More »

Indian CEOs among the most confident lot, have ambitious hiring plans for next 12 months


Davos: Chief executives officers in India are among the most confident lot when it comes to short-term revenue growth and also have ambitious hiring plans for the next 12 months, says a survey released today. Global consultancy PwC’s 20th annual survey of CEOs worldwide showed that as many as 38 per cent are very confident about their company’s growth prospects ... Read More »

The Tiny Gulf Country With A $335 Billion Global Empire


Qatar is regaining its appetite for deals. In the past two months alone, the world’s richest country per capita invested in Turkey’s biggest poultry producer, Russian oil giant Rosneft, and U.K. gas company National Grid. The investments have been made through the Qatar Investment Authority, created in 2005 to handle the country’s windfall from liquefied natural gas sales, of which ... Read More »

RBI employees write to Urjit Patel protesting against ‘mismanagement’ in demonetisation


Mumbai: Feeling “humiliated” by events since demonetisation, RBI employees on Friday wrote to Governor Urjit Patel protesting against operational “mismanagement” in the exercise and Government impinging its autonomy by appointing an official for currency coordination. In a letter, they said autonomy and image of RBI has been “dented beyond repair” due to mismanagement and termed appointment of a senior Finance ... Read More »

Supreme Court rejected Sahara chief Subrata Roy’s plea


The Supreme Court on Thursday rejected Sahara chief Subrata Roy’s plea to extend the deadline beyond February 6 for depositing Rs. 600 crore with Sebi, the capital markets regulator. The Sahara chief, who is out on parole since his mother’s death in May, sought more time for payment, citing demonetisation and economic slowdown. The Supreme Court had in November asked ... Read More »

Sushma Swaraj Warns Amazon: Apologise or We Cancel Visas


Minister of External Affairs Sushma Swaraj said on Twitter that visas of Amazon officials would be rescinded, after Amazon Canada was found to be selling doormats featuring the Indian flag. “Amazon must tender unconditional apology. They must withdraw all products insulting our national flag immediately,” Sushma Swaraj tweeted, ”If this is not done forthwith, we will not grant Indian Visa ... Read More »