Over 20 Indian-origin persons sentenced in massive call center scam in US

Jul 21 2018

"The stiff sentences imposed represent the culmination of the first-ever large scale, multi-jurisdiction prosecution targeting the India call center scam industry," Sessions said.

Baker Hughes revenue misses on lower demand for oilfield equipment

Jul 20 2018

Oilfield services provider Baker Hughes, controlled by GE, on Friday reported lower-than-expected quarterly revenue as demand for its equipment fell.

Canada housing agency pushes for better income checks to catch fraud

Jul 18 2018

Canada’s housing agency has asked the country’s tax authority to take a “more direct and formal role” verifying income claimed on mortgage applications, part of a two-year plan to tackle mortgage fraud, documents obtained by Reuters show.

JPMorgan profit beats on higher trading revenue, loan growth

Jul 13 2018

JPMorgan Chase & Co’s (JPM.N) quarterly profit topped Wall Street’s expectations on Friday, driven by much higher-than-expected trading revenue and increased loan demand.

Diamond trade body helps DRI unearth scam

Jul 13 2018

Commerce Ministry body, worked as whistle blowers to help the Department of Revenue Intelligence expose a multi-crore diamond scam.

Tunisia tourism revenues jump as Europeans return

Jul 12 2018

Tunisia’s tourism revenues grew by 40 percent in the first half of 2018 compared to the same period last year, the government said Thursday, driven by a strong return of European tourists three years after they were targeted in militant attacks.

Stocks to watch out for on Thursday, July 12: HCL Tech, ICICI Bank

Jul 12 2018

Indian markets expected to open with positive bias. Key Asian indices showing mixed cues. Nifty resistance seen at 11000 and support at 10750, 10830.

Stocks to watch out for on Wednesday, July 11: TCS, Axis Bank

Jul 11 2018

Key Asian indices are trading in the red as concern over a global trade war resurfaced after the US said it would slap tariffs on extra $200 bn worth of Chinese imports.

'Pharma sector may post single-digit revenue growth in FY19'

Jul 10 2018

The domestic pharmaceutical sector is likely to register a moderate, single-digit revenue growth in the current fiscal year, on slowing US market growth, increased competition and regulatory overhang, a report said.

Kurlon targets 25-30% revenue growth in FY19

Jul 09 2018

Mattress maker Kurlon today said it is targeting a revenue growth of 25-30 per cent in the current fiscal year, on the back of healthy demand.

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