Tag Archives: has

Uber-SoftBank deal has closed, making SoftBank largest shareholder

A group of investors led by SoftBank Group Corp closed a deal with Uber Technologies Inc on Thursday, making SoftBank the largest stakeholder in the ride-services firm and providing a much-needed boost to controversy-ridden Uber. The deal includes a large purchase of shares from existing Uber investors and employees at a discounted valuation for the company of $48 billion, a ... Read More »

World Bank Says India Has “Enormous Potential”, Projects 7.3% Growth Rate In 2018

India needs to take steps to boost investment prospects, according to World Bank. WASHINGTON:  HIGHLIGHTS India’s growth numbers of past three years “very healthy” According to World Bank, the country has favourable demographic profile But reducing youth unemployment, pushing for private investment critical With an “ambitious government undertaking comprehensive reforms”, India has “enormous growth potential” compared to other emerging economies, ... Read More »

World Bank Says India Has “Enormous Potential”, Projects 7.3% Growth Rate In 2018

India needs to take steps to boost investment prospects, according to World Bank. WASHINGTON: HIGHLIGHTS India’s growth numbers of past three years “very healthy” According to World Bank, the country has favourable demographic profile But reducing youth unemployment, pushing for private investment critical With an “ambitious government undertaking comprehensive reforms”, India has “enormous growth potential” compared to other emerging economies, ... Read More »

Why do Indian online shoppers trust Flipkart more than Amazon? This survey has the answers

At least on one front, homegrown Flipkart appears to be inching ahead in its fierce battle against American e-commerce major Amazon. Indian shoppers trust Flipkart as a brand more than Amazon, according to a recent survey by e-commerce advisory firm Redseer Management Consulting, which polled 7,500 respondents across 30 cities between July and September 2017. The survey rates the companies ... Read More »

Moody’s upgrade has changed the market mood, but it’ll be shortlived

Khadim India and New India Assurance were down 7-15 per cent from their issue prices, respectively, while HDFC Life managed to see strong listing based on its strong management pedigree. Global rating agency Moody’s has changed the mood of the Indian market by upgrading after 14 long years. Equity index Nifty50 successfully overcame negative sentiments after touching a low 10,100 mark. But ... Read More »

Has Marketing Become an ‘Island Surrounded by Mirrors’?

Marketers risk forming a parallel universe and distancing themselves from the business, HP CMO Antonio Lucio says. Credit: HP The mission of marketing is to build brands that stand the test of time, not to build brands for the sake of it. By building strong, preferred and differentiated brands, sustainable business results will follow. But today, I believe our profession must ... Read More »

Cloud Tech Has Small Accounting Businesses Optimistic about the Future

The cloud is transforming the accounting industry and the role of the CPA and right now, they’re feeling pretty optimistic about their future. Right Networks Cloud Impact Survey A survey from Right Networks found that well over half of the 364 small accounting businesses and other accounting pros polled were optimistic, in some way, about the economy. While more than half were “cautiously ... Read More »

BRICS Summit 2017 has potential to boost trade, economy, finance but members need to start work now

The idea of BRIC emanated from an investment bank which had conjectured a theoretical possibility of four countries in the developing world, i.e. Brazil, Russia, India and China, taking on the role of engine to growth for the world economy. This concept gained more relevance after the financial crisis set in where it was believed that the emerging markets were ... Read More »

Asia has been the world’s economic miracle. Three countries are threatening that

A territoriality aggressive China, North Korea’s nuclear hostility and a chaotic White House under President Donald Trump are key factors that could derail Asia’s steady economic growth. KCNA | Reuters People participate in a Pyongyang city mass rally held at Kim Il Sung Square on August 9, 2017, to fully support the statement of the Democratic People’s Republic of Korea (DPRK) government. The continent largely ... Read More »

James Damore has an ‘above decent’ chance of winning his legal case against Google

James Damore, the man fired by Google after he published a manifesto that suggested women may have a disadvantage in tech because of their biology, may well prevail in the legal case he has filed against his former employer. That’s because he filed his complaint against Alphabet (Google’s corporate parent) under a provision of the National Labor Relations Act that protects workers’ rights ... Read More »