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Category : Business

Russia has released the first official footage of its new fifth-generation fighter
Business

Russia has released the first official footage of its new fifth-generation fighter

Saheli 17 Aug 2016 542 Views

In honor of Russian Aerospace Force Day, the Russian Ministry of Defense has released its first official footage of the fifth-generation stealth aircraft, the PAK FA Sukhoi T-50. The government unveiled the montage of its prized stealth fighters launching from an aircraft carrier’s ski-jump ramp, along with several other aircraft, such ... Read More »

Firms giving advice on aggressive tax avoidance could face large fines

Saheli 17 Aug 2016 694 Views

Accountants, lawyers and consultants whose multibillion pound industry provides advice on how to aggressively avoid tax could face large financial penalties under government proposals. Plans set out in a consultation document released on Wednesday will suggest that tax advisers whose schemes are defeated in the courts might pay a fine ... Read More »

Former Breitbart editor Ben Shapiro unleashes on Stephen Bannon: ‘Legitimately sinister figure’
Business

Former Breitbart editor Ben Shapiro unleashes on Stephen Bannon: ‘Legitimately sinister figure’

Saheli 17 Aug 2016 492 Views

Former Breitbart editor Ben Shapiro unloaded on the right-wing website’s chairman, Stephen K. Bannon, on Wednesday after news brokethat Donald Trump had appointed him as campaign CEO. “Bannon is a legitimately sinister figure,” Shapiro, who left Breitbart earlier this year in a fiery exit, wrote on his website. The conservative ... Read More »

SnapBizz gets mom-and-pop retail code right, builds business valued at $100mn
Business

SnapBizz gets mom-and-pop retail code right, builds business valued at $100mn

Saheli 17 Aug 2016 650 Views

Hiren Tambe, who owns a 500-sqft store in Navi Mumbai, has at least 800 stock keeping units (SKU). Having run the store for over 15 years, he has always understood his typical customer’s requirements. Or so he thought. But with modern retail arriving in his vicinity, Hiren realised that many ... Read More »

GST platform to become analytics powerhouse
Business

GST platform to become analytics powerhouse

Saheli 17 Aug 2016 505 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 492 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 511 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 557 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 »

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 554 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 507 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 »

Transforming business: A play in four acts
Business

Transforming business: A play in four acts

Saheli 14 Aug 2016 545 Views

Imagine a play in four acts: the first one describes a revolution underway in the business world; in the second act religion leaves the public square, paving the way for the ascent of money; the third showcases social movements, long ignored or forgotten; the fourth sounds like a dream, awaiting ... Read More »

William Gibson talks about ‘The Peripheral,’ the power of Twitter, and his next book set in today’s Silicon Valley
Business

William Gibson talks about ‘The Peripheral,’ the power of Twitter, and his next book set in today’s Silicon Valley

Saheli 14 Aug 2016 657 Views

I’ve been obsessed with William Gibson’s last novel, “The Peripheral,” since it came out in 2014. It touches on many widely discussed themes in 2016, including growing economic inequality, rule by technology, and the catastrophic effects of climate change.  Gibson is most famous for inventing the term “cyberspace,” which he coined in his 1982 short story, “Burning ... Read More »

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