Tag Archives: out

Tech firms driving business travel out of India

Airlines from India have increased frequencies over the past decade to the US to tap growing traffic. Air India flies non stop to Chicago, New York, San Francisco, Washington and will launch flights to Los Angeles at the end of the year. Photo: Mint New Delhi: Indian IT companies may be facing American headwinds, but business travel from India to the ... Read More »

SoftBank’s investments will elbow out other funds from the market

Masayoshi Son, president and CEO of Softbank, delivers his keynote speech at Mobile World Congress in Barcelona, Spain, February 27, 2017(REUTERS) The New York Times reported on July 25 that SoftBank Group Corp. is considering a “multi-billion dollar investment” in ride-hailing service Uber Technologies Inc. The report said talks between the two companies were still at a preliminary stage. SoftBank already has ... Read More »

We all lose out when politicians ignore what business leaders have to say

Businesses aren’t being heard in today’s political discourse CREDIT: REUTERS There may be little public sympathy for senior business leaders who complain that the voice of business is not being heard. However, the absence of this voice in today’s political discourse – which in turn means that business’s messages are not cutting through on Brexit, for example, or on the UK’s economic ... Read More »

Anil Ambani says MF industry barely out of teens; can grow 10-fold in 5 years

Anil Ambani, Chairman of Reliance Group today, said the mutual fund industry is barely out of its teens and is poised to grow 10-fold in 5 years. He urged SEBI Chairman Ajay Tyagi to simplify investment and advertisement norms for mutual funds. Ambani said investing in mutual funds must be as easy as buying smartphones on internet. Ambani was addressing ... Read More »

Nervousness may grip markets ahead of GST roll out, derivatives expiry

Analysts also see the markets to be in corrective phase after the super rally. Photo: Mint Mumbai: This week, the markets are likely to focus on June series Futures and Options expiry, Prime Minister Narendra Modi’s US visit and the goods and service tax (GST) roll out. PM Modi is on a three-nation tour to Portugal, the US and the ... Read More »

Nasdaq, S&P eke out record close as stocks finish week with strong gains

Stocks closed mixed on Friday ahead of the Memorial Day holiday weekend and digested key economic data. “I think the market is just taking a breather to figure things out,” said Aaron Jett, vice president of global equity research at Bel Air Investment Advisors. But “I don’t think the market is going to make a significant move lower because the ... Read More »

World stocks end low; Wall Street ekes out 7-day winning streak

Wall Street saw another strong day for consumer stocks, offset by weakness in healthcare and real estate shares. File Photo Analysts say there was caution in the markets ahead of a meeting of leaders from the world’s richest economies. NEW YORK, MAY 26:   Oil prices recovered on Friday from some of the previous day’s steep slide after investor disappointment that ... Read More »

Business Partner Kills Property Dealer Month After Wiping Out His Family

New Delhi: A 45-year-old property dealer was shot dead by his business partner over a financial dispute in outer Delhi’s Burari area, police said on Sunday, adding that the accused had also confessed to killing the victim’s family of five last month. Police said the victim, identified as Munnawar Hassan, was released on parole last week as his wife and ... Read More »

High-level security must extend all the way out to parking facilities

 Heightened security measures are wisely being taken all over the world now, what with more sophisticated, increasing terrorist activities in every region of the world putting people in all industries and environments on high alert. One security measure companies are now paying much more attention to, often perhaps much overlooked in the past, is parking lot security. In years past, ... Read More »

Why the market for fossil fuels is all burnt out

‘I usually put a £5 bet on the oil price – and I’m collecting,” smiles Prof Dieter Helm. It’s not difficult to imagine his tally of modest wagers adding up. The highly regarded Oxford University economics professor is a long-time industry observer. Today, he is in central London after taking meetings with major oil executives. He is also a familiar ... Read More »