Siddharth Jaiman

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SpiceJet’s Ajay Singh set to take control of NDTV

According to the source, Ajay Singh, chairman and managing director for SpiceJet, will have controlling stake in NDTV of around 40 per cent and the …

India

Desperate car dealers slashing prices of new motors by more than £10,000

Dealers desperate to flog new cars are slashing ­prices by more than £10,000, writes Stephen Hayward in the Sunday People .<p>Bargain hunters prepared …

Canadian, World, Politics and Business News & Analysis

China's reaction to Brexit has already put the entire world at risk

China has been no different.<p>At the highest level of Chinese government, the reaction to the Brexit has been negative and dangerous, both in word and in deed.<p>"Against the backdrop of globalization, it's impossible for each country to talk about its own development discarding the world economic …

China bans Muslim regions from fasting during Ramadan

<b>Beijing:</b> China has marked the start of Ramadan with its customary ban on civil servants, students and children in a mainly-Muslim region from taking …

20 Slack Communities For Tech Entrepreneurs You Want To Be A Part Of

Slack, just a 2-year-old messaging platform, is raising $200 million at nearly a $4 billion valuation led by Thrive Capital, reports Business Insider. Slack brings all your communication together in one place. It’s real-time messaging, archiving and search for modern teams.<p>While Slack is originally …

Green innovation saves the textile industry in India

The textile town of Tirupur came up with real solutions to save their industry and their polluted land.<p><b>Tirupur, India -</b> R Gopalakrishnan cuts an unassuming figure as the chairman of a $88.4m textile manufacturing and export firm. In his small cabin in the textile town of Tirupur in southern India, …

Textile Industry

How to Write a Business Plan: A Step-by-Step Template

Writing a business plan doesn't have to be an intimidating task, but it does require foresight, honesty, and plenty of research. Here is an outline and some smart tips to help get you started.<p>Creating a business plan is the first and most crucial step to building a successful company.<p>"A business …

The 8 Technical Skills Modern Entrepreneurs Should Pick Up

Today’s entrepreneurship environment is…complicated. Never before have you had such an extensive array of methods, techniques, tactics, strategies, and ideas for growing your business.<p>The landscape is bewildering in its variety and astonishing in its complexity. And in this brave new world of …

30% of bank jobs are under threat

Digital disruption is turning finance on its head -- and destroying tons of traditional banking jobs along the way.<p>A wave of innovation has made it possible for people to get their banking done without walking into a branch if they don't want to. People can now deposit checks using a smartphone or …

Wall Street

Apple's Sad Transformation Into 'The American Samsung'

Apple’s launch event on March 21st, and the subsequent roll-out of the hardware, continues a trend that has seen Cupertino move away from a single hero device to a bewildering range of devices trying to satisfy every part of the smartphone ecosystem.<p>The three major products were nowhere close to …

Tim Cook

Indian police quiz company officials after overpass collapse

KOLKATA, India (AP) — Indian police are investigating possible murder charges against 10 construction company employees who have been either arrested …

China blocks India’s bid in UN to ban Pathankot attack mastermind Azhar | india

China once again blocked India’s bid at the UN to ban JeM chief Masood Azhar, the mastermind of the Pathankot terror attack.<p>According to highly …

What China Is Doing About Its 450 Million Square Meters Of Unsold Housing

I’d like to introduce some of China’s new ghost cities: Nanguan, Kerqin, Yuhong, Saihan, Yijinhuoluoqi, Dongling. They were uncovered by a Peking University study that used Baidu big data to find cities with large housing developments that the search engine’s users just weren’t going to very often. …

India orders 770 million LED light bulbs, prices drop 83 per cent

Subsidised bulbs sold for US$1.28, cuts peak load by 2,346 MWShri Piyush Goyal, India's minister of State (IC) for Power, Coal and New & Renewable …

Anonymous Set to Take Down Trump on April Fool's Day

In less than 24 hours, Anonymous will officially launch a cyber-attack on Republican frontrunner Donald Trump. The hacker group declared “total war” on Trump on March 15 with a video posted on its YouTube channel, dubbed #OpTrump. In the video, Anonymous invites hackers and anyone with a computer …

Xiaomi Mi 5 first impressions: A Snapdragon 820-powered beast at just Rs 24,999- Technology News, Firstpost

Xiaomi has finally launched the Mi 5 in India at an event held in New Delhi. Priced at Rs 24,999, the 3GB RAM + 32GB storage variant will go on sale …

U.S. Fed buys $5.7 billion of mortgage bonds, sells none

NEW YORK (Reuters) - The Federal Reserve bought $5.739 billion of agency mortgage-backed securities in the week from Mar. 24 to Mar. 30, compared with $5.816 billion purchased the previous week, the New York Federal Reserve Bank said on Thursday.<p>The Federal Reserve building in Washington September …

Muslim Woman Lied About Being Slashed In Face And Called 'Terrorist' (UPDATE)

Police say the woman cut a 2-inch gash in her own face as part of the lie.<p>A Muslim woman lied about an assailant in Manhattan who slashed her face and called her a terrorist, police said early on Friday.<p>The woman initially claimed that she was walking near Wall Street during rush hour on Thursday …

New York City

U.S. repo rates jump to highest level since 2008 at quarter-end

NEW YORK (Reuters) - A key overnight borrowing cost for Wall Street surged on Thursday to its highest level since the height of the global credit crunch in the fall of 2008, as investors slashed their lending to dealers and banks at quarter-end.<p>A Wall Street sign is seen in Lower Manhattan in New …

BlackRock is betting on millennials to help fix the market's biggest weakness

Maybe enough to help one investing giant solve a problem that Wall Street can't seem to get its head around.<p>BlackRock, which manages $4.6 trillion in assets, has a team of young traders thinking of ways to apply electronic trading to markets where it's not yet prevalent.<p>The program pairs young …

NATO eyes long-term breach of nuke non-proliferation treaty, Russia to respond – senior diplomat

The Russian military will have to “adequately” respond to Washington’s plan to upgrade its nuclear bombs in Europe in apparent violation of a nuclear …

Centre found $3 billion of defence money lying unused in US account, says Manohar Parrikar

India had placed the money in a Pentagon-managed account to pay for weaponry, but had not used the amount till it was found last year.<p>Defence …

Next week looks like it could also be brutal for stocks

With prospects dimming for a strong start to earnings season, and worries about slow growth in China continuing to overhang the market, even a price-driven rally may not last beyond a day or three, say longtime market watchers.<p>"This is a tsunami of negative psychology being driven by China," said …

Stock Markets

Why is Mark Zuckerberg angry at critics in India?

<b>Mark Zuckerberg is feeling the force of critics who believe his effort to provide Indians with free access to a limited number of internet services hurts India's democracy and violates net neutrality.</b><p>In an unusually pugnacious appeal in the mass-circulation Times of India, the Facebook founder …

This Kit Gives Protesters Weapons for Anonymity & Encryption

New York-based designers Xuedi Chen and Pedro Oliveira have created a kit of wearables for civil unrest.<p>Imagine if a hip fashion or tech company were in the business of designing privacy and encryption-enhancing wearables. This is sort of the notion behind Backslash, a kit of “functional devices …

Grand jury declines to indict Cleveland officer in fatal shooting of 12-year-old Tamir Rice

A grand jury Monday declined to indict a white rookie police officer in the killing of Tamir Rice, a 12-year-old black boy who was shot while playing with what turned out to be a pellet gun.<p>In explaining the decision, Cuyahoga County prosecutor Tim McGinty said it was "indisputable" that the boy …

There's one sector hedge funds are just itching to shake up in 2016

Here's a prediction for the activists, the hedge funds that buy up shares of companies in the hope of effecting changes that will boost the company's stock price and make money for shareholders.<p>"Given the carnage in the energy industry, I expect 2016 will be the year of shareholder activism in this …