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25 June, 2017 4:58 AM United Kingdom to maintain duty-free access for developing countries after Brexit

London: Britain said it will maintain duty-free access to its markets once it has left the European Union for goods from nearly 50 developing countries including Bangladesh, Sierra Leone and Haiti. The government said around 48 countries would continue to benefit from tariff-free exports on all goods other than arms and ammunition to the UK and that once it had left the EU in 2019 it would 21

25 June, 2017 1:11 AM Infosys chairman R Seshasayee to retire next year, wants smooth shift

CEO Sikka wants Infosys to be next-gen artificial intelligence company; company says ‘freed’ 11,000 employees through automation efforts. Infosys chairman R Seshasayee on Saturday said he will complete the remaining part of his tenure and continue in his position till May 2018, putting to rest intense speculation that he would resign following corporate 25

23 June, 2017 4:28 AM Facebook pilots new tools to cut scope for misuse of profile pictures of Indian women

Based on the data shared by Facebook for the third quarter of 2016, analytics firm We Are Social pegged the women users at 24 percent. Given the social and cultural barriers and personal safety of women in India, many don’t use their own pictures as profile pictures for the fear of safety and misuse of their images. that it is piloting new tools which 23

23 June, 2017 2:17 AM Reliance Jio vs Airtel: Who is saying what on telecom sector debts?

Telecom Minister Manoj Sinha today vowed to save the debt-laden sector in his meeting with industry leaders, including Sunil Bharti Mittal, as incumbents highlighted the financial stress inflicted on them by Reliance Jio. "An inter-ministerial group has been constituted to examine the issues affecting repayment capability and viability in the telecom 25

22 June, 2017 10:55 AM Donald Trump's secretary as envoy is good news for Indian business

Juster as managing director at Warburg Pincus presided over many crucial investments in India US President Donald Trump’s deputy assistant Kenneth Juster who has been appointed as the new American ambassador to India was at the helm at investment firm Warburg Pincus when it made several investments in India. Juster joined Warburg Pincus as the managing 32

22 June, 2017 8:55 AM Srikanth, Praneeth, Sindhu march into Australia Open quarters

NEW DELHI: Indian shuttlers B Sai Praneeth and Kidambi Srikanth won their respective Round 2 matches to progress to the quarter-finals of the Australia Open Super Series on Thursday. While Praneeth, ranked 14th in the world, registered a 21-15, 18-21, 21-13 win over Huang Yuxiang of China, Srikanth slayed World No. 1 Son Wan-Ho by a 15-21, 21-13 and 21-13 margin 26

22 June, 2017 7:18 AM Oracle Profit Beats As Cloud Shift Gains Steam, Shares At Record

Oracle Corp's quarterly profit blew past Wall Street estimates and the business software maker forecast an upbeat current-quarter earnings, indicating that the company's transition to cloud is starting to pay off. The company's shares were up 10.6 percent to a record high of $51.25 in after-market trading on Wednesday. They had gained about 20 percent 23

21 June, 2017 11:25 PM Air Asia India makes Rs 11.92 cr forex gain, cuts losses to Rs 40.49 cr

Air Asia India, the Tata Sons-Air Asia Berhad JV, reduced its net losses by 13.65% y-o-y to Rs40.49 crore during the January-March quarter of 2017 on the back of forex gains. The low- cost airline had reported a net loss of Rs46.89 crore in the corresponding period last year. AirAsia follows a January-December financial year. Barring the foreign exchange 30

21 June, 2017 6:13 AM After Major Investors Insist, Uber Chief Travis Kalanick Resigns

The ouster of Travis Kalanick comes after a series of controversies shone a light on problems with the famously aggressive startup's culture and governance. The man most closely identified with the ride-hailing giant's meteoric global ascent said he was ceding to investors' wishes that he step aside, in part to avoid yet another conflict. Uber's been dogged 32

21 June, 2017 2:54 AM Belgian troops kill 'terrorist' bomber in Brussels train station; witnesses say he shouted Islamist slogans

Belgian troops shot dead a suspected suicide bomber in Brussels' central train station on Tuesday but there were no other casualties, in what authorities were treating as the latest terrorist incident in Europe. The man set off a small explosion at the city's Central Station, prosecutors said, and was then shot by one of the routine military patrols 30