Alibaba Group, the massive Chinese online retailer, posted stronger than expected fiscal second quarter earnings on Wednesday morning and the stock is popping. The Chinese online retailer posted earnings of 5.26 Chinese yuan per share against analyst expectations of 4.69 Chinese yuan. Revenue came in at 34.3 billion yuan against the 33.9 ... Read More »
Donald Trump’s adult children have spent a decade doing business with politically connected foreign firms—a role that will present potential conflicts of interest whether he wins on Nov. 8 or continues to pursue politics if he loses. Those whom Ivanka Trump, Donald Trump Jr. and Eric Trump have worked with ... Read More »
Tamil Nadu dropped six places to rank 18, the lowest among developed States, in the business reforms ranking for 2016 released by the Department of Industrial Policy and Promotion (DIPP) and the World Bank on Monday. The ranking comes as a setback to Tamil Nadu which is the most industrialised ... Read More »
India’s global rank in the World Bank’s annual Doing Business ranking came in at 130 out of 190 countries. It has moved up only one notch since last year. To that extent this progress is disappointing. The improvement in this global rank has been a rallying cry of the government, ... Read More »
In 2011, Nicholas Carr summed up Facebook’s business model like this: “The desire for privacy is strong; vanity is stronger.” Carr spent the past dozen or so years making similar proclamations of high-tech heresy, questioning and often criticizing Silicon Valley billionaires and their armies of engineers and programmers for casting ... Read More »
Publishers are having second thoughts about using content-recommendation services, an industry dominated by two Israeli companies, The New York Times reported. The recommendations, which typically appear at the bottom of a story touting other articles from “around the web,” recently stopped appearing in Slate and The New Yorker amid concerns ... Read More »
It said that advances in the internet of things, autonomous vehicles, 3D printing, energy storage and quantum computing among others technologies “may transform the lives of everyone”. “These transformations wrought by these and other technological developments may mean that some businesses and products could become obsolete relatively quickly. “Successor businesses ... Read More »
The government on Monday evening said it would soon notify the real estate rules which would see property registration fees being halved and developers being required to compensate allottees in case of delays in handing over the property. “Real estate developers will have to furnish additional information regarding the ongoing ... Read More »
NEW DELHI, OCTOBER 31: The Ministry of Housing and Urban Poverty Alleviation has notified the Real Estate (Regulation and Development) (General) Rules, 2016, for the five Union Territories without Legislature — Andaman & Nicobar Islands, Dadra & Nagar Haveli, Daman & Diu, Lakshadweep and Chandigarh, an official statement said on ... Read More »
NEW DELHI: Union government on Monday notified Real Estate (Regulation and Development) (General) Rules, 2016 which stipulate real estate developers furnish additional information regarding the ongoing projects besides depositing 70 per cent of unused funds in a separate bank account to ensure their completion. Under the new rules, the developers ... Read More »
Facebook’s plans to relax rules around posts deemed newsworthy or in the public interest do not go far enough, a Norwegian newspaper editor has said. Facebook director Patrick Walker was visiting Norway following a row about the banning of an iconic Vietnam War image on the grounds of nudity. He ... Read More »
CINCINNATI, Ohio — Top aides for Hillary Clinton on Monday accused FBI Director James Comey of a “double standard” in his handling of the investigation into Clinton’s use of a private email server as secretary of state. Clinton campaign manager Robby Mook called on Comey to explain why he rushed ... Read More »
