BENGALURU: Accenture CEO Julie Sweet said H-1B visas are not a major concern for the company, noting that just 5% of its US workforce is on such visas.“This is really a non-issue because we only have about 5% of our people in the US on H-1B visas, and they’re for really specialised experience and skills…
MUMBAI: The price of silver that has been in a bull rally for over three years now, broke above the Rs 1.40 lakh/kg level on Thursday, a new all-time peak in the domestic market after international prices breached the psychologically important $45/ounce mark, a more than 14-year high. A weak rupee also helped the rally…
Accenture, the global IT services and consulting firm with a significant Indian workforce, reported a 7 per cent year-on-year increase in revenue to $17.60 billion for the June-August 2025 quarter, reflecting steady client demand and digital transformation projects, the company said on Thursday. The growth included a 2.5 per cent foreign-exchange impact, PTI reported.Julie Sweet,…
LG Electronics India is reportedly preparing to launch its initial public offering in the week beginning October 6 to raise around Rs 11500 crore ($1.3 billion), a significant cut from its earlier expected valuation of $15 billion, Bloomberg reported citing sources familiar with the matter.The South Korean electronics giant secured regulatory approval for its updated…
Silver prices surged to an all-time high of Rs 1.40 lakh per kilogram in Delhi on Thursday, while gold slipped by Rs 630 per 10 grams amid subdued buying by retailers, marking a historic divergence in precious metal trends.Following strong international trends, silver in futures trade scaled record highs. The December contract rose Rs 3,528…
Wall Street struggled on Thursday, heading toward a rare three-day losing streak as investors digested stronger-than-expected US economic data and corporate results.The S&P 500 fell 0.7% in early trading, marking a deeper decline than the previous two days, while the Dow Jones Industrial Average was down 107 points, or 0.2%, and the Nasdaq composite slid…
Starbucks is laying off around 900 non-retail employees and shutting some stores in the US and Canada as part of a broader turnaround strategy, the company announced on Thursday, AP reported. Employees whose roles are being eliminated will be informed early Friday, while the closures will be rolled out in the coming days.The Seattle-based coffee…
The Reserve Bank of India (RBI) has unveiled changes to strengthen the security of digital transactions, making two-factor authentication mandatory across the country’s payment ecosystem. The new framework, issued under the Reserve Bank of India (Authentication Mechanisms for Digital Payment Transactions) Directions, 2025, will come into effect from April 1, 2026.“All payment system providers and…
NEW DELHI: The Central Board of Direct Taxes (CBDT) on Thursday extended the deadline for furnishing the audit reports under the Income-tax Act, 1961, for the Financial Year 2024-25 (Assessment Year 2025-26).“The Central Board of Direct Taxes (CBDT) has decided to extend the specified date for filing various audit reports for the Previous Year 2024–25…
India’s pharmaceutical and healthcare industry is preparing for a significant wave of fundraising, with companies expected to raise Rs 12,000-13,000 crore through initial public offerings (IPOs) in the next six to nine months.According to ET, around 15 firms are likely to enter the primary market shortly. The Securities and Exchange Board of India (Sebi) has…
