IT services company HCL Technologies on Friday announced the opening of its innovation centre focused on digital acceleration in Mississauga, Ontario, and said it plans to hire 2,000 employees in Canada in three years. From…
For some New York City businesses, making masks…
Father-daughter team Steve and Leah Kim model the masks their New York City alterations business, Master Tailor, started making when the coronavirus hit.When New York City largely shut down last month due to the spread…
Franklin fallout: Credit risk funds to face redemption…
In the aftermath of Franklin Templeton Mutual Fund winding up its six debt schemes, industry experts believe credit risk funds are going to face redemption pressure from investors, worried about the safety of their money.…
Five of top 10 firms add Rs 1.63…
New Delhi: Five of the 10 most valued domestic companies added Rs 1,63,795.48 crore in market capitalisation last week, with RIL accounting for the lion's share of the gains. Tata Consultancy Services (TCS), HDFC Bank,…
Coronavirus live updates: China says all Wuhan patients…
This is CNBC's live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks.Global cases: More than 2.8 millionGlobal deaths: At least 202,668Most cases reported:…
Indian companies need to deploy robust measures to…
NEW DELHI: Indian companies pursuing remote working policies need to deploy robust preventive measures to deal with spike in incidence of cyber attacks following COVID-19 outbreak, said a PwC report. "...cyber attacks on Indian companies…
ITPCL lenders to meet this week to vote…
Lenders to IL&FS Tamil Nadu Power Company (ITPCL), which is undergoing insolvency proceedings, are likely to meet this week to finalise a restructuring plan, a source said. ITPCL is a special purpose vehicle (SPV) incorporated…
Activist fund with a soft touch looks to…
A Sierra Wireless display at a trade show.Source: Sierra WirelessLion Point Capital, run by alumni of Elliott Associates, Perry Capital and Starboard Value, struck an agreement this month with Sierra Wireless, a struggling telecom hardware…
Analysts remain bullish about gold as an investment…
Analysts remain bullish about gold on Akshaya Tritiya day even though the nationwide lockdown due to Covid-19 has impacted sales of the precious metal. They suggest that gold can constitute 10% of the portfolio of…