By Administrator_India Capital Sands Salesforce.com Inc. plans to cut about 1,000 jobs, people familiar with the situation said, a move by the software giant to streamline its business even as it reports record quarterly revenue and forecasts further gains. Sales…
By Administrator_India Capital Sands Education technology company Byju’s has raised $122 million from Russian billionaire Yuri Milner’s investment fund DST Global. The financing is part of its ongoing funding round. Byju’s is allotting 42,666 Series F preference shares at an…
By Administrator_India Capital Sands A potential COVID-19 vaccine developed in Australia has showed positive results in human clinical trials. The vaccine candidate has shown zero side effects in human trials so far and has shown promising results when tried on…
By Administrator_India Capital Sands States might lose Rs 3 trillion in their own revenues this year thanks to the pandemic and the slow recovery of economic activity, State Bank of India said in a report. Add to that the share…
By Administrator_India Capital Sands Stressed telecom major Vodafone Idea may pay interest dues of around Rs 500 crore to lenders in the December quarter. The company has informed lenders it will clear accrued interest on outstanding loans after availing the six-month moratorium, which…
By Administrator_India Capital Sands Former United States vice president Joe Biden on August 20 accepted the Democratic Party’s presidential nomination for the upcoming election. Accepting the nomination, Biden urged American voters to come together to end a “season of darkness” that has…
By Administrator_India Capital Sands State Bank of India priced the country’s biggest offering of local-currency tier-II bonds yet as the lender boosts its capital buffers amid the worsening financial health of domestic companies. India’s largest bank looks to raise Rs…
By Administrator_India Capital Sands Former Reserve Bank deputy governor N S Vishwanathan on Tuesday said there is a need to separate governance of state-run banks from the government and pitched for doing away with the nationalisation laws from which the executive derives…
By Administrator_India Capital Sands The Enforcement Directorate has registered a case of money laundering against a Chinese national in connection to a hawala racket worth an estimated Rs 1,000 crore. Charlie Peng, who also goes by the name of Luo…
Spread & tick (Pips) is a derivative product, which means you don’t take ownership of the underlying asset but speculate on whichever direction you think its price will move – up or down. If your prediction is correct, you could…