Business

USTR's investigation said the Indian levy discriminates against American companies, unreasonably contravenes international tax principles, and burdens or restricts US commerce.

European companies are expected to hunt for assets in China, mainly in insurance, healthcare and automobile sectors, after the world's secondlargest economy and the European Union agreed to an investment deal last month, lawyers and bankers say.

Ecommerce titan Alibaba sank more than four percent and internet powerhouse Tencent shed 3.3 in morning trade after the Wall Street Journal said officials in multiple government departments were assessing the impact of an investment ban.

Tata Consultancy Services: Recently, during the company’s Rs 16,000 crore buyback offer, Tata Sons tendered shares of TCS worth Rs Rs 9,997. They tendered more than Rs 3.33 crore shares during the offer.

Economic stimulus approved in the United States and Japan at the end of last year will help to power a recovery in their economies in the second half of 2021, IMF chief economist Gita Gopinath said on Wednesday.

Federal Reserve officials last month supported providing advance notice before the central bank makes changes to its $120 billion in monthly bond purchases.

High shipping rates are set to continue for at least several weeks, despite new coronavirus lockdowns in Europe, boosted by demand for furniture, exercise equipment and home improvement goods, shipping group Maersk said on Wednesday.

ITC was the top laggard in the Sensex pack, shedding around 3 per cent, followed by Reliance Industries, Bajaj Finance, Axis Bank, HUL and HCL Tech.

Germany's cabinet approved on Wednesday legislation to force larger listed companies to have at least one woman on their boards, following years of debate over the issue.

Earlier in the session, both indexes inched higher to hit record levels for the fourth straight session in the new year, extending a months-long rally driven by continued foreign fund inflows and progress on COVID-19 vaccines.

The Trump administration on Wednesday will open bidding on drilling leases in a pristine Arctic wildlife refuge in Alaska despite tepid interest from the oil and gas industry and a pledge from incoming Democratic Presidentelect Joe Biden to protect the re...

Gold hit a twomonth high on Tuesday, buoyed by a weaker dollar and growing concerns about COVID19 as investors awaited the U.S. Senate runoffs in Georgia that could impact prospects for more fiscal stimulus.

Amazon said Tuesday that it bought 11 jets from Delta and WestJet airlines to boost its growing delivery network and get orders to shoppers faster.

Qualcomm Inc said on Tuesday it had named its President Cristiano Amon as chief executive, replacing Steven Mollenkopf.

Gold prices started the new year on a high by notching an eightweek peak on Monday, as spiking COVID19 cases and prospects of tougher restrictions boosted the safehaven metal's appeal.

Gold prices started the new year on a high by notching an eightweek peak on Monday, as spiking COVID19 cases and prospects of tougher restrictions boosted the safehaven metal's appeal.