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Monthly Archives: August 2016

GST platform to become analytics powerhouse
Business

GST platform to become analytics powerhouse

Saheli 17 Aug 2016 487 Views

The Goods and Services Tax Network, the information technology backbone that will implement the new indirect tax regime, will become a data analytics powerhouse in the months after the roll-out. “Once sufficient amount of data is generated, we will be able to generate analytics based on the requirements of various ... Read More »

Younger business travellers want more communal living
Business

Younger business travellers want more communal living

Saheli 17 Aug 2016 472 Views

FOR good or for ill, the start and end to a working day is increasingly blurred. Smartphones and wi-fi mean that even an airline cabin, once the last respite of the business traveller, no longer guarantees escape. But the push is not all one way. Sometimes leisure time can impinge ... Read More »

Cisco plans to announce its biggest layoff in history this week
Business

Cisco plans to announce its biggest layoff in history this week

Saheli 17 Aug 2016 490 Views

Cisco is laying off about 14,000 employees, representing nearly 20 percent of the network equipment maker’s global workforce, technology news site CRN reported, citing sources close to the company. San Jose, California-based Cisco is expected to announce the cuts within the next few weeks, the report said, as the company ... Read More »

Why Microsoft wants in on the marijuana business and why the DEA won’t stop it
Business

Why Microsoft wants in on the marijuana business and why the DEA won’t stop it

Saheli 17 Aug 2016 539 Views

The last two months have been busy ones for the marijuana community. Most recently, the Drug Enforcement Administration (DEA) declined to loosen restrictions on medical marijuana, and kept the drug classified in the same ‘Schedule 1’ category as LSD and heroin. There was much handwringing before and after the decision ... Read More »

Salman Khan to present Rs. 1,01,000 cheque each to Olympic athletes
News

Salman Khan to present Rs. 1,01,000 cheque each to Olympic athletes

Saheli 17 Aug 2016 488 Views

Bollywood actor Salman Khan, the goodwill ambassador of the Indian contingent at this year’s Olympics in Rio, will present a cheque of Rs. 1,01,000 to each of the athletes. “As a gesture of appreciation for our Olympic athletes, I will present each one with a cheque of Rs. 1,01,000,” Salman, ... Read More »

Forget the Kindle: The new Kobo Aura One is the greatest ereader of all time
Business

Forget the Kindle: The new Kobo Aura One is the greatest ereader of all time

Saheli 17 Aug 2016 534 Views

Ereaders inspire powerful feelings. From their fans, intense love. From those who could never imagine reading a book on a gadget, a kind of revulsion. And for a long time now the ereader market has seemed stuck. All the major manufacturers offer identical six-inch screens from the same third-party manufacturer. ... Read More »

Ola shuts down TaxiForSure business; lays off 700 employees

Saheli 17 Aug 2016 495 Views

India’s largest taxi aggregator, Ola, has shut down itsTaxiForSure (TFS) business and has laid off 700 employees in the process, as it looks to consolidate its presence and reduce cash burn to fend off an attack from Uber.   Ola had acquired smaller rival TFS in March 2015 for $200 ... Read More »

An Obsessive Collector Who’s Drawn Royalty to Brooklyn
Home Deco

An Obsessive Collector Who’s Drawn Royalty to Brooklyn

Saheli 17 Aug 2016 436 Views

Put your feet up on the coffee table, and you might knock over those valuable pieces by Kakurezaki Ryuichi and Mori Togaku, or that vase by Matsui Kosei. Splash around in the upstairs bathtub, and you’re likely to spray water on the sculptures to your left or your right by ... Read More »

Suresh Prabhu announces four new trains
News

Suresh Prabhu announces four new trains

Saheli 17 Aug 2016 530 Views

Union Railway Minister Suresh Prabhu on Wednesday announced four new categories of trains, one for unreserved passengers and three for reserved ones, which will be operational in the next couple of months. “The reason behind starting new train for unreserved passengers is to ensure that those belonging to the ‘Antodya ... Read More »

Donald Trump’s India link: Two luxury real estate projects in Maharashtra
Real Estate

Donald Trump’s India link: Two luxury real estate projects in Maharashtra

Saheli 15 Aug 2016 703 Views

American Republican presidential candidate and real estate tycoon Donald Trump has an Indian business connection. His Trump Organisation is a part of two major luxury real estate projects in Mumbai and Pune. The Trump Organisation had tied up with the Lodha Group in Mumbai in 2013 and with Panchshil Group ... Read More »

Dick Advocaat abruptly quits assistant job with Dutch team
News

Dick Advocaat abruptly quits assistant job with Dutch team

Saheli 15 Aug 2016 569 Views

Dick Advocaat has quit as the assistant to Netherlands head coach Danny Blind just months after agreeing to take on the role, the Dutch football association (KNVB) said on Monday. Former Netherlands manager Advocaat will be joining Fenerbahce in Turkey. His abrupt departure has elicited a cold response from the ... Read More »

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