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Business

Telecom business ‘money guzzler’, only few players with deep pockets can enjoy, says Anil Ambani

Loknath Das 27 Dec 2017 801 Views

Apart from announcing a new revival plan to reduce the company’s debt problem, Anil Ambani-led Reliance Communications (RCom) on Tuesday said the telecom had become a “money guzzler”, a business where only those with “deep pockets” could remain in the game. As per the debt-restructuring plan, the company will raise ... Read More »

News

Xiaomi Redmi 5A to Go on Sale in India for the First Time Today: What You Should Know

Loknath Das 23 Dec 2017 1219 Views

Buyers of either Redmi 5A variant can get Rs. 1,000 cashback from Reliance Jio HIGHLIGHTS Xiaomi Redmi 5A price in India starts at Rs. 5,999 for 2GB RAM variant However, first 5 million 2GB RAM units sold will get a Rs. 1,000 discount The 3GB RAM variant price starts at ... Read More »

Technology

Xiaomi Redmi 5, Redmi 5 Plus Launch Event: How to Watch Live Stream

Loknath Das 23 Dec 2017 871 Views

HIGHLIGHTS Xiaomi Redmi 5, Redmi 5 Plus launch event starts at 11:30am The company has already teased the smartphones multiple times Specifications and pricing have also been leaked Xiaomi Redmi 5 and Redmi 5 Plus will be launched by the Chinese manufacturer at an event in Beijing that kicks off at 2pm CST ... Read More »

Technology

MediaTek, Qualcomm Announce Support for Android Oreo (Go edition)

Loknath Das 23 Dec 2017 735 Views

HIGHLIGHTS Announcement comes couple of days after Go edition launch Both SoC partners will bring the OS to phone manufacturers Low RAM phones running on Snapdragon and MediaTek platforms to be availab Within a couple of days of Google announcing the launch of Android Oreo (Go edition), two of the world’s biggest mobile processor ... Read More »

Business

How Luck Affects Investing in Startups

Loknath Das 21 Dec 2017 765 Views

Suppose you were given $1 million to invest equally across ten start-up companies and you were told that you would receive $100 million if all ten failed and lost your entire investment. Are you sure you could lose all of your money? This seemingly bizarre question highlights an important point ... Read More »

Business

Small Business Favorite GetResponse Announces $30M Investment in U.S.

Loknath Das 21 Dec 2017 876 Views

A direct marketing platform already very popular among U.S. small businesses is expanding its business domestically with a huge new investment. GetResponse, the European-based online marketing platform, is increasing its U.S. operations with a big investment and a new Boston office to better serve American small businesses. GetResponse Opens an Office ... Read More »

Business

What is ROI, or Return on Investment?

Loknath Das 21 Dec 2017 828 Views

We bandy acronyms about so much that sometimes we assume everyone knows what they mean. Take the acronym ROI. While experienced business people may have an idea of what that means, I’ve had new entrepreneurs and non-native English speakers sheepishly ask me, “What is  ROI?” ROI stands for “return on ... Read More »

Business

What Gujarat election results mean for business, economy, reforms and markets

Loknath Das 19 Dec 2017 973 Views

Prime Minister Narendra Modi flashing a victory sign outside parliament on Monday. Trends from Himachal and Gujarat election results show that the BJP is set to form the government in both the states. Photo: ANI/Twitter Mumbai: The Bharatiya Janata Party’s (BJP’s) victory in Gujarat is being seen as a vindication of ... Read More »

Business

Leaked Mashable documents show how bleak things were before Ziff Davis came to the rescueLeaked Mashable documents show how bleak things were before Ziff Davis came to the rescue

Loknath Das 19 Dec 2017 772 Views

Mashable’s sign in their New York office. Mashable was in deep trouble financially before it sold for far below its one-time valuation of $250 million, according to documents reviewed by Business Insider. The company was heavily reliant on digital media advertising revenue, the documents show. It also lost $4.2 million in the three ... Read More »

Business

Old Mutual to sell asset management business for £600m

Loknath Das 19 Dec 2017 1066 Views

The financial services giant is selling its single strategy asset management business for around £600m Old Mutual is to sell its single strategy asset management business to private equity firm TA Associates and the unit’s management team, which includes star fund manager Richard Buxton, for an expected £600m. The FTSE 100 finance ... Read More »

Technology

iOS 11.1 Issue Autocorrects ‘i’ to ‘A’; Apple Details Workaround Ahead of Fix

Loknath Das 16 Dec 2017 860 Views

HIGHLIGHTS Apple has released a three-step guide to manually fix issue The issue changes the letter “i” to letter “A” An update with its fix is likely to be rolled out soon Some users with iPhone, iPad, and iPod touch running iOS 11.1 have reported an annoying issue that autocorrects ... Read More »

Technology

Broadcom Offers to Buy Mobile Chipmaker Qualcomm for $103 Billion

Loknath Das 16 Dec 2017 738 Views

Communications chipmaker Broadcom Ltd on Monday said it offered to buy smartphone chip supplier Qualcomm Inc for $70 per share or $103 billion (roughly Rs. 6,66,116 crores) in cash and stock, in what would be the biggest technology acquisition ever. A tie-up would combine two of the largest makers of wireless communications chips for mobile phones ... Read More »

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