RBI’s Urjit Patel to submit written answers to…

RBI Governor Urjit Patel. Photo: Mint New Delhi: In an apparent defence of the government’s demonetisation decision, RBI Governor Urjit Patel Tuesday told law makers that the note ban’s impact was transient and the economy…

Mphasis Rs988 crore share buyback offer to open…

In August, Mphasis’ board had approved a proposal for buyback of equity shares from all the existing shareholders at a maximum price of Rs1,350 per equity share. Photo: Reuters New Delhi: IT firm Mphasis on…

Histadrut chief mulls joining Kahlons Kulanu

Chairman of the Histadrut (General Federation of Labor in Israel) Avi Nissenkorn is considering resigning and joining Finance Minister Moshe Kahlon's Kulanu party ahead of the elections to the 21st Knesset next year, two separate…

Harel Wizel sells Tel Aviv apartment for NIS…

The buyer is a British businessman who recently immigrated to Israel. Israeli businessman and Fox-Wizel Ltd. (TASE: FOX) controlling shareholder Harel Wizel recently sold his luxury apartment in Tel Aviv's Assuta Tower for NIS 16.5…

Public sector pay excesses decline

The latest report by the Commissioner of Wages finds pay excesses in only 10.5% of the entities covered. Pay excesses exist in some 10.5% of entities in Israel's public sector, according to the report for…

Hong Kongs Ion Pacific raises $30m Israel tech…

Hong Kong merchant bank Ion Pacific's Israeli subsidiary IL Pacific has raised $30 million for its debut structured secondaries fund. The fund is focusing on acquiring secondary positions in technology, venture and growth capital funds,…