Friday, July 28, 2017

Archive for September, 2015

Latest iPhone is available here, but you will have to pay more

Wednesday, September 30, 2015 23:51

NEW DELHI: For those not willing to wait, they're already available in India... the new iPhone 6s models. But the phones won't come with a company guarantee. Barely two weeks before some of the most sought after smartphones hit retail shops in India, Apple's latest offerings — iPhone 6s and ...

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Microsoft, Google stand down in patent battles

Wednesday, September 30, 2015 23:46

NEW YORK: Microsoft Corp and Google Inc have agreed to bury all patent infringement litigation against each other, the companies announced on Wednesday, settling 18 cases in the United States and Germany. In another sign of the winding down of the global smartphone wars, the companies said the deal ...

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PM rides Gandhi wagon to woo Africa leaders

Wednesday, September 30, 2015 23:44

This Gandhi Jayanti, PM Narendra Modi will rekindle Mahatma Gandhi's Africa connection to reach out to African leaders ahead of the third India-Africa Forum Summit from October 27-29.

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Int’l tribunal slaps Rs 4,435cr fine on Antrix

Wednesday, September 30, 2015 23:15

Isro's commercial arm, Antrix, has termed the international arbitration court ruling asking Isro to pay Rs 4,435 crore ($672 million) in damages to Devas Multimedia as shocking.

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Nirbhaya teen radicalized in juvenile home?

Wednesday, September 30, 2015 22:36

Central intelligence agencies have expressed concern that the juvenile involved in the 2011 Delhi High Court blast may be trying to indoctrinate the teen, found to be in conflict with law in the 2012 Nirbhaya gang-rape case, for joining jihad.

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ESOPs no more the catnip at ecomm cos; execs make beeline to encash options

Wednesday, September 30, 2015 22:20

MUMBAI: Suraj Kumar (name changed), a senior executive with one of the largest ecommerce companies, has spent sleepless nights with one thought: how will he encash his employee stock options (ESOPs), which contribute about 60% to his gross annual salary. As ecommerce valuations peak, senior executives in the industry are ...

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Black money disclosure: Only 300 come out in one-time compliance window; Rs 3,000 cr assets declared

Wednesday, September 30, 2015 22:11

NEW DELHI: Nearly 300 individuals have used a one-time compliance window for disclosing black money under a new law brought in by the National Democratic Alliance government by Wednesday evening, declaring around Rs 3,000 crore. The government expects more declarations before the deadline ends at midnight on Wednesday. "About ...

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Wall Street ends worst quarter in four years with a rally

Wednesday, September 30, 2015 21:58

US stocks closed sharply higher on Wednesday as investors sought bargains among beaten-down stocks and the recently battered biotechnology index bounced back on the last day of Wall Street's worst quarter since 2011. For much of the third quarter, global markets were rocked by fears of slowing growth in ...

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Earnings uncertainty makes price-to-book value trendier than price-to-earnings

Wednesday, September 30, 2015 21:57

Several fund managers and investors are now preferring price-to-book (P/B) ratio over priceto-earnings (P/E) for valuing stocks given the uncertainty over the earnings pick-up. Earnings of several companies have still not picked up as estimated by the analyst community and the confidence amongst the investors remains low. During periods of ...

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Ambani brothers join hands for 4G services

Wednesday, September 30, 2015 21:52

The once-warring Ambani brothers, Mukesh and Anil, have decided to come together to launch fourth-generation (4G) mobile phone services by the year-end, signalling a consolidation in the fragmented Indian telecom market.

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