Xi can make life difficult for US companies like Apple, Walmart after Trump’s threat

China doesn’t import enough from the US to be able to match Donald Trump’s tariff threats dollar for dollar. Instead, President Xi Jinping can have American companies doing business there squeezed in a multitude of other ways. With companies from Apple Inc to Walmart Inc and General Motors Co. all operating in China and looking to expand, that More...

by Loknath Das | Published 3 days ago
By Loknath Das On Sunday, June 10th, 2018
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Facebook gave some companies access to data of users and their friends past 2015

Al Drago | Bloomberg | Getty Images Mark Zuckerberg, chief executive officer and founder of Facebook Inc., listens during a joint hearing of the Senate Judiciary and Commerce Committees in Washington, D.C., U.S., More...

By Loknath Das On Sunday, June 10th, 2018
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28 companies under lens for wrongly claiming services export sops

Investigators are also checking whether the duty credit scrips were misused, sources said. MUMBAI: The Directorate of Revenue Intelligence (DRI) has begun investigations into 28 companies that have wrongly claimed More...

By Loknath Das On Sunday, June 10th, 2018
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Govt to launch fresh drive against shell companies

Over the last few years, successive governments are cracking down on shell companies to curb tax evasion. New Delhi: Over 225,000 companies and 7,000 limited liability partnerships (LLPs) face the threat of More...

By Loknath Das On Tuesday, May 15th, 2018
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IBM Partners With Veridium Labs To Let Companies Track Carbon Footprint Via Blockchain

IBM announced a partnership with Veridium Labs to tokenize carbon credits that will allow companies to track their carbon footprint with blockchain today, May 15, in press release shared with Cointelegraph. CEO More...

By Loknath Das On Tuesday, May 15th, 2018
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UK could withhold security clearance for companies working on Galileo

Potential exclusion from the EU’s Galileo programme has spurred the British space industry to seek other sources of growth © PA The UK government could withhold security clearance for companies working on More...

By Loknath Das On Tuesday, May 15th, 2018
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Oil and gas companies don’t want “oil” or “gas” in their names

Oil companies are seeking a cleaner image. (Reuters/Lucy Nicholson) Today, Norwegian oil giant Statoil will officially rebrand as Equinor. Why? “A name with ‘oil’ as a component would increasingly be a disadvantage. More...

By Loknath Das On Monday, May 7th, 2018
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Delhi HC rejects Centre’s plea against Vodafone’s UK arbitrations

The Delhi High Court on Monday dismissed the Centre’s plea challenging Vodafone’s move to initiate two international arbitrations against India in connection with a tax demand of Rs 11,000 crore under a retrospective More...

By Loknath Das On Monday, April 30th, 2018
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Companies turn to robot for easy hiring

AI technology helps pick best applicant You have a telephone interview for your dream job, and you’re feeling nervous. You make yourself a cup of tea as you wait for the phone to ring, and you count to three More...

By Loknath Das On Monday, April 30th, 2018
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NAFTA 2.0: ISDS Supports U.S. Oil, Natural Gas, And Electricity Companies

(L-R) Mexican Economy Minister Idelfonso Guajardo, Canadian Minister of Foreign Affairs, Chrystia Freeland and US Trade Representative Robert Lighthizer pose for pictures before giving a message to the media More...