The US labour market continues to lose steam, with the latest jobs report showing a sharp slowdown in hiring. While November’s data was affected by shutdown-related distortions, economists say the broader trend is clear: job creation has settled into a prolonged low gear.Though employers are still adding workers, the pace of hiring is among the…
Google and Apple advised US-based employees on work visas not to travel internationally after their outside counsel warned of delays of up to 12 months at US embassies and consulates worldwide amid the immigration crackdown, documents reviewed by Business Insider show. On Thursday, BAL Immigration Law, which represents Google, sent a memo stating, “Please be…
A US court has given its final approval for the proposed settlement of class action lawsuits against Infosys McCamish, according to a BSE filing by Infosys on Saturday.Under the proposed terms, Infosys McCamish Systems had agreed to pay $17.5 million into a fund to settle all the pending class action lawsuits related to a cybersecurity…
IT electronics refurbishing company EPW India on Saturday said it has raised Rs 9.04 crore from anchor investors ahead of the launch of its initial share-sale for public subscription. The company has allotted over 9.32 lakh equity shares to Resonance Opportunities Fund, Universal Golden Fund and Getfive Opportunity Fund – I at an anchor investor…
KANPUR: Enforcement Directorate (ED) is set to register a money laundering case against Ponzi scheme fraud mastermind Ravindranath Soni, who allegedly duped over 1,000 investors of Rs 970 crore across 12 countries, a source said.The agency has completed a preliminary investigation and is expected to lodge a case against Soni soon.ED officials had earlier sought…
NEW DELHI: Stock market regulator Sebi is working with RBI and the insurance regulator to enable participation of banks and insurance companies in commodities derivatives markets, its chairman Tuhin Kanta Pandey said on Saturday.Working groups have also been set up to suggest measures to deepen the Agri Commodity Derivatives ecosystem, he said. Among other things,…
UltraTech Cement on Saturday said it has received a demand notice of Rs 782.2 crore from GST authorities and plans to challenge the order before the appropriate forum, according to PTI.In a regulatory filing, the Aditya Birla Group company said it is reviewing the order and considering all legal options. “The Company is reviewing the…
Taxpayers opting for the old tax regime can continue to claim deductions on donations made to eligible charitable organisations under Section 80G of the Income Tax Act, 1961. To clarify how such claims will be assessed and verified, the Income Tax Department issued an extensive set of FAQs on December 19, 2025, outlining both substantive…
Brazilian President Luiz Inácio Lula da Silva said on Saturday that he hopes the long-pending free-trade agreement between Mercosur and the European Union will be signed in January, even as opposition from some EU members and protests by European farmers delay the deal, AP reported.Speaking at a summit of South American leaders in Foz do…
Government holding in Indian Overseas Bank (IOB) has declined to 92.44 per cent following the completion of the offer-for-sale (OFS), with the Centre diluting a 2.17 per cent stake in the state-owned lender, the bank said in a regulatory filing on Saturday, PTI reported.Prior to the stake sale, the government held 94.61 per cent equity…
