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Last year, Infosys - India's second largest IT firm - had announced plans to hire 12,000 American workers over the next two years, taking its hiring commitment in the country to 25,000 over five years.(Mint/ File photo)

Infosys sees massive hike in H-1B approval rates, says COO Pravin Rao

PTI | , New Delhi
UPDATED ON JUN 19, 2021 10:49 PM IST
H-1B approval rates for Infosys has significantly increased, says COO
Infosys chairman Nandan Nilekani. (Reuters File )
Infosys chairman Nandan Nilekani. (Reuters File )

Strengthened our talent pool with 19,230 graduates from India, says Infosys

PTI |
PUBLISHED ON JUN 19, 2021 07:25 PM IST
Speaking at Infosys' 40th annual general meeting on Saturday, chairman Nandan Nilekani also noted that the company is well-positioned for another year of "market-leading performance" in a post-pandemic, cloud-first digital era.
This year NTPC's position improved from 47th and is ranked 38th in the top 50.(REUTERS)
This year NTPC's position improved from 47th and is ranked 38th in the top 50.(REUTERS)

NTPC among top 50 Great Place to Work

By hindustantimes.com | Written by Deepali Sharma | Edited by Avik Roy, Hindustan Times, New Delhi
PUBLISHED ON JUN 19, 2021 04:36 PM IST
  • NTPC is the only Public Sector Undertaking (PSU) to consistently feature in India's top 50 best workplaces. The PSU comes under the ministry of power.
Representational: The govt has formed an expert panel to recommend the minimum wage floor with a three-year tenure.(Satyabrata Tripathy/Hindustan Times)
Representational: The govt has formed an expert panel to recommend the minimum wage floor with a three-year tenure.(Satyabrata Tripathy/Hindustan Times)

No intention to delay fixation of minimum wage, national floor wage: Govt

By hindustantimes.com | Written by Deepali Sharma | Edited by Avik Roy, Hindustan Times, New Delhi
PUBLISHED ON JUN 19, 2021 03:41 PM IST
  • The government constituted an 'expert group' under the chairmanship of Professor Ajit Mishra, who is a renowned economist, to offer technical inputs and recommendations on the fixation of minimum wages and national floor wages.
In response to Reuters' questions about FST, Google, for the first time and ahead of peers, said that it has been quietly pursuing better measures.(AFP)
In response to Reuters' questions about FST, Google, for the first time and ahead of peers, said that it has been quietly pursuing better measures.(AFP)

Google searches for new measure of skin tones to curb bias in products

Reuters |
PUBLISHED ON JUN 19, 2021 07:09 AM IST
At issue is a six-color scale known as Fitzpatrick Skin Type (FST), which dermatologists have used since the 1970s. Tech companies now rely on it to categorize people and measure whether products such as facial recognition systems or smartwatch heart-rate sensors perform equally well across skin tones.
The company’s plans make it the third Indian company from the travel sector to seek a public listing,(HT FILE)
The company’s plans make it the third Indian company from the travel sector to seek a public listing,(HT FILE)
kl-chart-2021
By Swaraj Singh Dhanjal , Mumbai
PUBLISHED ON JUN 19, 2021 06:35 AM IST
  • RateGain helps travel and hospitality firms in revenue management, e-distribution, and brand engagement
Air India’s attempt to monetize its land assets comes at a time when the country’s economy has been adversely impacted by the Covid-19 pandemic.(REUTERS)
Air India’s attempt to monetize its land assets comes at a time when the country’s economy has been adversely impacted by the Covid-19 pandemic.(REUTERS)
what-is-the-most-watched-league-in-the-world
By Rhik Kundu, New Delhi
PUBLISHED ON JUN 19, 2021 06:07 AM IST
  • The airline has put up several properties in cities such as New Delhi, Mumbai, Kolkata, Ahmedabad, Bengaluru, Mengaluru, Nashik, and Nagpur
Gautam Adani now has a net worth of $63.5 billion(HT photo)
Gautam Adani now has a net worth of $63.5 billion(HT photo)

Gautam Adani slips to third spot on Asia’s rich list

By Ashwin Ramarathinam, Mumbai
PUBLISHED ON JUN 19, 2021 06:04 AM IST
  • Shares of Adani group companies have plummeted this week following a sell-off on Monday after reports that accounts of some major foreign investors holding these shares have been frozen.
Benchmark Brent crude, which fell to $19.33 a barrel on April 21, 2020, gradually rose to over $50 per barrel in early 2021(AFP)
Benchmark Brent crude, which fell to $19.33 a barrel on April 21, 2020, gradually rose to over $50 per barrel in early 2021(AFP)

‘Want oil firms to synergise imports for better prices’ says Tarun Kapoor

By Rajeev Jayaswal, New Delhi
PUBLISHED ON JUN 19, 2021 05:59 AM IST
  • Tarun Kapoor said the oil producers’ cartel has been artificially raising international oil prices by resorting to output cuts
Among other proposals, Paytm founder Vijay Shekhar Sharma is expected to be declassified from his status as ‘promoter’.(Mint File Photo)
Among other proposals, Paytm founder Vijay Shekhar Sharma is expected to be declassified from his status as ‘promoter’.(Mint File Photo)
rm-vs-ul-live-score
By Tarush Bhalla, Bengaluru
PUBLISHED ON JUN 19, 2021 05:54 AM IST
  • Mint first reported on May 31 that Paytm was looking to raise $1-1.5 billion by selling new shares to qualified institutional buyers.
The RBI put severe curbs on PMC Bank amid a probe into accounting lapses. REUTERS
The RBI put severe curbs on PMC Bank amid a probe into accounting lapses. REUTERS

Centrum-BharatPe to take over PMC Bank

By Shayan Ghosh, Mumbai
PUBLISHED ON JUN 19, 2021 05:43 AM IST
  • Centrum will set up SFB first, which will then merge with PMC Bank
Wall Street and Broad Street signs in New York, US, on Monday, June 14, 2021. (Bloomberg)
Wall Street and Broad Street signs in New York, US, on Monday, June 14, 2021. (Bloomberg)

Wall Street sees turbulence as Fed shift causes rally in value stocks to wobble

Reuters | , New York
PUBLISHED ON JUN 19, 2021 01:37 AM IST
The Russell 1000 Value Stock Index is down 4% from its June peak, though still up 13.2% this year. Its growth counterpart is up 9.1% year-to-date.
Bottles of Pepsi are pictured at a grocery store in Pasadena, California, US.(Reuters)
Bottles of Pepsi are pictured at a grocery store in Pasadena, California, US.(Reuters)

Pepsi wants to sell beer named 'Rockstar' among others, seeks trademark

Bloomberg |
PUBLISHED ON JUN 18, 2021 11:42 PM IST
PepsiCo Inc. is seeking to register the name for beer, alcoholic fruit cocktail drinks, alcoholic malt beverages and hard seltzer, according to a June 14 filing.
The headquarters of India's HDFC bank is pictured in Mumbai.
The headquarters of India's HDFC bank is pictured in Mumbai.
atp-challenger-tour-2021-schedule
PTI |
PUBLISHED ON JUN 18, 2021 11:03 PM IST
The dividend is subject to the approval of the shareholders of HDFC Bank at its ensuing annual general meeting (AGM) which is scheduled for July 17.
An Air India plane (PTI File Photo)
An Air India plane (PTI File Photo)
lucky-15-tips-for-today
PTI |
PUBLISHED ON JUN 18, 2021 07:06 PM IST
A residential plot and a flat in Mumbai, five flats in New Delhi, a residential plot in Bangalore, and four flats in Kolkata, are among the properties that have been put on sale.
This week, four out of six Adani group stocks landed in red. Cumulatively, the six stocks lost 1.91 trillion - which is equal to $25.83 billion.(Mint/ File photo)
This week, four out of six Adani group stocks landed in red. Cumulatively, the six stocks lost 1.91 trillion - which is equal to $25.83 billion.(Mint/ File photo)
bhagyalaxmi-lottery-ticket
By hindustantimes.com | Edited by Arpan Rai, New Delhi
UPDATED ON JUN 18, 2021 07:14 PM IST
Gautam Adani, the 58-year-old ace Indian tycoon, has lost more money this week through Thursday than anyone else in the world, with his personal fortune tumbling by about $13.2 billion to $63.5 billion.
SIPs that afford investors the flexibility of top ups are knows as step-up SIPs.
SIPs that afford investors the flexibility of top ups are knows as step-up SIPs.

All you need to know about SIP top-ups

By HT Brand Studio
PUBLISHED ON JUN 18, 2021 06:00 PM IST
Mutual fund schemes have also joined the bandwagon and now you have the option to top-up your SIP investments according to your investment capabilities.
IT major Wipro
IT major Wipro

Wipro announces salary hikes for junior staff from September 1

PTI |
PUBLISHED ON JUN 18, 2021 05:31 PM IST
All eligible employees above band C1 (Managers and above) will receive pay hikes effective June 1, Wipro said.
Sensex rallies 21 points to close trading at 52,344; Nifty settles at 15,683 after slumping by 8 points.(Reuters)
Sensex rallies 21 points to close trading at 52,344; Nifty settles at 15,683 after slumping by 8 points.(Reuters)

Sensex rallies 21 points to close trading at 52,344; Nifty settles at 15,683

PTI | , Hindustan Times, New Delhi
PUBLISHED ON JUN 18, 2021 03:43 PM IST
The 30-share BSE Sensex ended 21.12 points or 0.04 per cent higher at 52,344.45, while the broader NSE Nifty inched 8.05 points or 0.05 per cent lower to 15,683.35.
Shares of Adani Green Energy Ltd., the mogul’s most valuable asset, slipped 12.4% this week as of 9:21am in Mumbai Friday.(Reuters)
Shares of Adani Green Energy Ltd., the mogul’s most valuable asset, slipped 12.4% this week as of 9:21am in Mumbai Friday.(Reuters)

Billionaire Gautam Adani lost more money this week than anyone else

Bloomberg |
PUBLISHED ON JUN 18, 2021 10:39 AM IST
The 58-year-old tycoon has lost more money this week through Thursday than anyone else in the world, with his personal fortune tumbling by about $13.2 billion to $63.5 billion, according to the Bloomberg Billionaires Index.
Representational Image. (File photo)
Representational Image. (File photo)

State-run oil companies raise fuel rates for the 26th time in 46 days

By Rajeev Jayaswal
UPDATED ON JUN 18, 2021 11:15 AM IST
The latest hike has made petrol costlier by 6.53 per litre and diesel by 6.96 per litre across the country since May 4, a day after results of five assembly polls were declared
Gold, Silver and other precious metal prices in India on Friday, Jun 18, 2021
Gold, Silver and other precious metal prices in India on Friday, Jun 18, 2021

Indian spot gold rate and silver price on Friday, Jun 18, 2021

By HT Analytics
UPDATED ON JUN 18, 2021 10:02 AM IST
Here’s the latest update on spot gold prices, currency exchange rates and other precious metal rates in India as on Friday, Jun 18, 2021
The IT-BPM sector overall employs 4.5 million people as of March 2021, Nasscom said.(Reuters | Representational image)
The IT-BPM sector overall employs 4.5 million people as of March 2021, Nasscom said.(Reuters | Representational image)

Indian IT sector continues to be net hirer: Industry body Nasscom

PTI | , New Delhi
PUBLISHED ON JUN 18, 2021 10:01 AM IST
The statement comes in the backdrop of a report by Bank of America that said domestic software firms are set to slash 3 million jobs by 2022 as automation gains pace across industries, especially in the tech space.
Sensex, Nifty opened on a positive note on Friday. (File Photo)
Sensex, Nifty opened on a positive note on Friday. (File Photo)

Markets open up with gains: Sensex up 240 points, Nifty above 15,700

By hindustantimes.com | Written by Joydeep Bose
PUBLISHED ON JUN 18, 2021 09:17 AM IST
In the previous trading session, the domestic equity benchmarks had ended on a negative note for the second day in a row, mirroring weakness in global markets after the US Federal Reserve surprised investors by signalling faster-than-expected rate hikes.
Even though the last date of filing ITR has been extended, it does not provide any relief from tax liability(Representative Image)
Even though the last date of filing ITR has been extended, it does not provide any relief from tax liability(Representative Image)

Filing ITR this year? Keep these points in mind

By hindustantimes.com | Written by Harshit Sabarwal | Edited by Meenakshi Ray, New Delhi
PUBLISHED ON JUN 18, 2021 08:17 AM IST
In April this year, the Central Board of Direct Taxes (CBDT) notified new forms to file an income tax return (ITR) for the assessment year 2021-22.
Petrol in Delhi will cost <span class='webrupee'>₹</span>96.93 per litre and diesel is currently retailing at <span class='webrupee'>₹</span>87.69. (Reuters Photo)
Petrol in Delhi will cost 96.93 per litre and diesel is currently retailing at 87.69. (Reuters Photo)
betdaq-cricket-free-download
By hindustantimes.com | Written by Meenakshi Ray
PUBLISHED ON JUN 18, 2021 07:58 AM IST
Petrol is priced at 108.07 a litre and diesel 100.82 in Rajasthan's Sri Ganganagar district.
The company has been present in MENA through telecom subscriptions, but now wants to offer its freemium gaming, e-sports and gamified learning offerings in the region.(Photo: Twitter)
The company has been present in MENA through telecom subscriptions, but now wants to offer its freemium gaming, e-sports and gamified learning offerings in the region.(Photo: Twitter)

Nazara Tech makes its first acquisition after listing

By Tarush Bhalla, Bengaluru
PUBLISHED ON JUN 18, 2021 07:57 AM IST
  • Nazara will pick up a 69.82% stake in the company, as it looks to strengthen its presence in the Middle East and North Africa (MENA) region.
The dip in passenger numbers came at a time when the country was battling a spike in Covid-19 cases due to the second wave.
The dip in passenger numbers came at a time when the country was battling a spike in Covid-19 cases due to the second wave.

Domestic air traffic plunges 63% in May: DGCA

By Gireesh Chandra Prasad, New Delhi
UPDATED ON JUN 18, 2021 07:49 AM IST
  • The DGCA data said that among private carriers, IndiGo carried 1.6 million passengers in May, making up nearly 55% of the domestic market. SpiceJet flew 199,000 passengers, accounting for 9.4% share of the market.
Edible oil is the country’s third most high-value import, after crude oil and gold.(AFP)
Edible oil is the country’s third most high-value import, after crude oil and gold.(AFP)

Centre cautious of cutting import duties on edible oils

By Zia Haq, New Delhi
PUBLISHED ON JUN 18, 2021 07:43 AM IST
  • India is the largest importer of vegetable oils, a base ingredient for cooking most common dishes, and meets up to two-thirds of its domestic demand through imports, costing it up to $10 billion annually.
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