Tag Archives: That

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 »

High-end Livestreaming that Won’t Break the Bank

Cheaper and better — it’s a combination every small business owner loves hearing, but researching reliable B2B products or services to genuinely make tasks cheaper and better is far from easy. Overwhelmed by the time required to do research, small businesses will do DIY experiments with what’s affordable in video marketing. But ultimately, low-quality video and wasted time make those ... Read More »

The wealth destroyers: 12 stocks that turned crorepatis into average men this year

The list of top wealth destroyers has several big names such as Videocon and Religare. NEW DELHI: Everyone talks about multibaggers in the stock market; very few dare mention the wealth destroyers. A dozen BSE-listed stocks with market values in excess of Rs 500 crore have wiped out up to 85 per cent of investor wealth this year, even as the benchmark Sensex rallied over 22 ... Read More »

Reddit just raised a new round that values the company at $1.8 billion

Reddit, the 12-year-old, San Francisco-based online discussion platform that has long called itself the “front page of the internet,” just closed its biggest round ever, from a whole lot of investors, reports Recode. Andreessen Horowitz, Sequoia Capital, Coatue Management, Vy Capital, Fidelity, Y Combinator President Sam Altman, and SV Angel’s Ron Conway all chipped into the $200 million financing. The company’s post-money valuation: $1.8 billion. ... Read More »

Lok Sabha passes IIM Bill that seeks to give more autonomy

At present, India has 20 Indian Institutes of Management. Photo: Mint The Lok Sabha on Friday approved the Indian Institutes of Management Bill 2017 that promises to grant administrative, academic and financial autonomy to the elite B-Schools and allow them to award degrees to their graduates. The lower house passed the bill after a debate in which nearly two dozen ... Read More »

The market that Reliance Jio seeks to tap

Reliance’s 4G-enabled JioPhone could be the game-changer that would democratize access to internet and digital services in India. Photo: Reuters Since its launch in September last year, Reliance Jio, the brand new mobile offering of the Mukesh Ambani-led behemoth Reliance Industries Ltd (RIL) has grown at a fast pace, already grabbing more than 10% of market share in the telecom ... Read More »

Market Now: Stocks that surged up to 20% today

The overall market sentiments remained positive since the beginning of today’ session. NEW DELHI: Shares of Gujarat NRE CokeBSE 15.42 % (up 20 per cent), Bombay RayonBSE 5.43 % (up 19.98 per cent), Parsvnath DevelopersBSE 16.94 % (up 19.76 per cent), JP Power (up 19.27 per cent), GVK PowerBSE 1.37 % Infra (up 19 per cent) and Repro IndiaBSE -2.82 % (up 16.33 per cent) zoomed over 15 per cent on NSE as benchmark ... Read More »

Don’t panic on that WhatsApp message! No bank is closing down

There are increasing number of messages on WhatsApp and other social media platforms informing people about closure of nine banks. However, these are baseless, untrue and all depositors’ money is safe, according to Finance Ministry and the Reserve Bank of India (RBI). Since last few weeks, Whatsapp Groups have seen a barrage of messages claiming closure of nine public sector ... Read More »

Don’t panic on that WhatsApp message! No bank is closing down

There are increasing number of messages on WhatsApp and other social media platforms informing people about closure of nine banks. However, these are baseless, untrue and all depositors’ money is safe, according to Finance Ministry and the Reserve Bank of India (RBI). Since last few weeks, Whatsapp Groups have seen a barrage of messages claiming closure of nine public sector ... Read More »

Never bought a business that wasn’t already part of Quikr: CEO Pranay Chulet

In the North Bangalore headquarters of online classifieds company Quikr India Pvt. Ltd, the conference rooms are called ‘jaldi’, ‘raftaar’, ‘daud’, and so on, names that are synonymous with speed. The nomenclature couldn’t have been more apt, given Quikr has been buying companies at breakneck pace. On Wednesday, it made its latest acquisition, buying blue-collar jobs listing company Babajob in ... Read More »