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Tuesday, February 28, 2017

Business

Arvind Subramanian emerges as front-runner as Rajan’s Successor

With Raghuram Rajan not seeking a second term, the hunt for his successor has started, and the forerunner in this race is the Oxford-educated...

Nikesh Arora, paid Rs 500 crore per year, quits SoftBank

Nikesh Arora on Tuesday announced his decision to step down as President from Japan-based Softbank Group Corporation. The former Google executive to step down...

China snubs India’s entry into NSG, after Sushma Swaraj’s Optimism

In an apparent snub to India’s efforts to garner support for its entry into NSG, China has said that inclusion of Non NPT members...

Olli, a 3D printed, self-driving minibus, Unveiled in the US

Olli, a 3D printed, self-driving minibus, is ready for its tryst with the road in the US. The bus took 10 hours to print,...

India slips out of minds at US senate meet

The Modi Government has been working hard to increase Indo-US ties on many fronts, one of which happens to be the defense sector. But...

Real Reason Why Microsoft Acquired LinkedIn for $26.2 Billion

Microsoft has purchased LinkedIn for $196 per share in all cash deal worth a whopping $26.2 Billion. The deal was in the offing since...
Kingfisher Airlines owner Mallya

Vijay Mallya: The journey of a Booze tycoon to a notorious fraud

The former Kingfisher Airlines owner Mallya has fled to London after defaulting loan of $ 1 billion to 17 banks. The hottest talking topic in...
Valentine Day

Valentine Day Deals: Starbucks offers three chocolate drinks

In the run up to Valentine Day - February 14th - coffee chain Starbucks will be offering three new drinks for loved-up customers. These...

Google CEO Sundar Pichai now top-paid CEO in the U.S

Google boss and Indian native Sundar Pichai has become America’s top earning CEO after having received a handout of some USD $199 million. Google...

World Stocks splutter as lackluster global economic indicators led by a further slump in oil...

The World Stocks has ended its gains of past three days and started to splutter as lackluster global economic indicators led to a further...
Boeing 737 MAX

Boeing 737-8 MAX commercial aircraft maiden flight marks a grand success

Finally, Boeing 737-8 MAX has taken to the skies for its first flight which will be followed by a series of validation flight tests...

Black Friday shopping helps toys sales leap back after a decade decline in sales

This Black Friday appears to be the best for the toys industry in over a decade, and the sales of various toys from various...

General Motors to import Chinese-made Buick envision for sales in US, Europe

General Motors (GM) has perfected plans to start importing Chinese-made vehicles, particularly the Buick Envision, which is a middle-sized SUV for sales in the...

General Mills faces lawsuit for improperly labeling protein cheerios as having more protein

The US consumer group Center for Science in the Public Interest (CSPI) is slamming a legal case against General Mills – maker of Cinnamon...

US SEC gives all startups opportunity to raise capital through crowdfunding, selling stocks

If you have a startup and looking forward to raising money through crowdfunding, the US Securities and Exchange Commission now makes it possible for...

October: Dow industrials record their biggest monthly gain in four years

US stocks rose the highest for monthly gains in October, the largest of such monthly logs within the past four years. The Dow Jones...

Amazon’s founder, Jeff Bezos, becomes 3rd richest man in us with $53.2 billion worth

Fifty-one-year-old founder of Amazon, Jeff Bezos, has risen through the ranks to become the third richest man in the United States with a net...

Fed approves Watts Bar nuclear plant in Tennessee after 20 years & $4.5 bn...

The US government on Friday approved the Watts Bar nuclear power plant to commence operations at the Tennessee Valley Authority (TVA) – after 19...

Independent Pilots Association authorizes UPS Pilots to commence strike

Following a four-year gridlock between the pilots of the international courier service United Parcel Service (UPS) and their employer, the Independent Pilots Association (IPA)...

4.6 million customers affected in Scottrade cyberattack, identity protection offered

Retail brokerage Scottrade has revealed that cyber-hackers attacked its network between late 2013 to early 2014 and that the names and street addresses of...

United Airlines CEO Oscar Munoz vows to improve customer and employee experience

This has not been the best of times for United Airlines, and its merger with Continental has not proved much useful – something United...

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