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15 March, 2018 1:05 PM EU Antitrust Regulators to Decide on Apple, Shazam Deal by April 23

EU antitrust authorities will decide by April 23 whether to clear iPhone maker Apple's buy of British music discovery app Shazam, the European Commission said on Thursday. Apple sought EU approval for the deal on Wednesday, according to a filing on the EU competition agency's website. The move had been expected after seven European countries including 41

14 March, 2018 7:35 PM Non-cadre postings irk IPS officers

Anguished association writes to the State government The Tamil Nadu government’s policy of assigning non-IPS officers to cadre posts meant for IPS officers has come in for sharp criticism from the IPS Officers’ Association, which described the long-term impact of violating the cadre rules as a matter of “grave concern”. In a strongly worded letter to the Home Secretary 46

13 March, 2018 11:58 AM HDFC Asset Management Company is set to go public

Parent HDFC to shed part holding in the AMC. CHENNAI: HDFC Asset Management Company Limited ( HDFC AMC) is set for an initial public offer (IPO). This follows the decision of Housing Development Finance Corporation Ltd. to offload part of its holding in the AMC. A committee of directors, constituted by the board of HDFC, has given its approval for offering 45

13 March, 2018 10:25 AM Apple supplier Wistron secures land to build new site in Karnataka: Sources

A unit of Apple Inc's Taiwanese contract manufacturer Wistron Corp has won approval from Karnataka to build a new assembly facility in the southern state, two officials said, signalling what could be a vital expansion of iPhone assembly work in India. The Karnataka state government has approved Wistron Infocomm Manufacturing India Pvt Ltd's application 50

13 March, 2018 10:10 AM Recruitment For Over 10000 Teacher Posts Notified By Assam Government

New Delhi: Office of the Director of Elementary Education (DEE), Assam has notified recruitment notification for more than 10000 teacher posts in Lower Primary Schools and Upper Primary Schools. With approval from the Education Department, Assam the recruitment aims to appoint eligible candidates to the regular posts. Application process will be through 44

12 March, 2018 4:14 PM Infosys to delist ADS from Euronext Paris, London

Cites low trading volume, says no impact on ADS count Infosys, India’s second-largest software exporter, on Monday, announced plans to delist its American Depository Shares (ADS) from the Euronext Paris and Euronext London exchanges because of low trading volume. “The primary reason for seeking the proposed delisting is the low average daily trading 37

12 March, 2018 7:08 AM Parliament proceedings: RS adjourned till 2 pm, LS adjourned for the day

Protests from all parties except the ruling BJP and their ally, the Akali Dal, washed out proceedings in both houses of Parliament for the last week. On Friday, the Lok Sabha was adjourned for the day soon after it met in the morning. In the Rajya Sabha, too, proceedings were disrupted with opposition members storming the Well following which Chairman 25

10 March, 2018 11:09 AM IDFC, Capital First merger deal gets CCI nod

The Competition Commission of India has approved the merger deal between Capital First Ltd and IDFC Bank. "The whole process will take about six to nine months to start operating," said V Vaidyanathan, the executive chairman of Capital First here. The two companies in separate regulatory filings to stock exchange BSE said that the CCI in its meeting 42

9 March, 2018 7:18 AM RCom’s plans to sell infra assets to Jio get CCI nod

The proposed mega deal for the sale of debt-laden Reliance Communications’ (RCom) infrastructure assets to Reliance Jio is learnt to have received the approval of the anti-trust regulator CCI, according to sources. The proposal has got a green signal from the Competition Commission of India (CCI), two people familiar with the development said. In December 34

9 March, 2018 7:15 AM Toshiba expects to complete chip unit sale by June

Toshiba agreed last year to sell the semiconductor business to plug a huge financial hole left by the bankruptcy of its U.S. nuclear unit. Toshiba Corp. expects the sale of its $18 billion memory chip business to be completed by June at the latest, if not by an agreed deadline at the end of March, as it awaits antitrust regulatory approval from China 40