Search Results for: Investment

GitHub DDoS Attack Update: Onslaught Continues Even After 100 Hours; What You Must Know

How Cyber Criminals are Making Money from You

In an exclusive survey, Kaspersky Lab reveales it all

Nov 27, 2014

China's Growth Model Outdated; Will Current Reforms Save the Economy?

Experts say China's development model is "obsolete" and needs to be replaced "immediately".

Nov 27, 2014

Twitter is Making You a Black Friday 'Offer' You Can't Refuse

Twitter, the social media website, is trying to sweeten shopping deals for its American users. The micro-blogging site announced "Twitter Offers" – a new tool where customers can avail cash-back offers just by a simple touch.

Nov 26, 2014

Japan helps to accelerate economic activity in ASEAN

Myanmar/ Malaysia, Nov 25 (ANI): Myanmar has become a new investment destination. The rapid economic growth and rise in per capita income in the country has generated a demand for payments through credit cards. In order to construct a cashless electronic retail payment environment, Myanmar Payment Union (MPU) was established by the Central Bank of Myanmar with 17 local banks to promote the acceptance and issuance of payment cards in the country. MPU started the first ATM card payment system interconnecting through the local banks, with issuing the MPU Debit card in 2012. JCB, a major global payment brand based in Japan, has partnered with MPU and promotes the development of payment infrastructure at a rapid pace. However, the challenges still remain in social infrastructures such as stable electricity and tele-communication.

Nov 25, 2014

News Corp Invests $30 Million in Indian Property Website PropTiger.com

News Corp, the Rupert Murdoch-led media giant, has made an investment worth of $30 million on Indian real estate website PropTiger.com.

Nov 25, 2014

RBI Under Rate Cut Pressure as Growth Slips Back

India's economic growth probably slowed to around 5 percent in the three months to September, slipping from 5.7 percent in the previous quarter

Nov 25, 2014

Onex Buying Swiss Packaging Group SIG for $4.66 Billion

Onex Corp, the Canadian private equity firm, announced on Monday that it would be acquiring SIG Combibloc Group AG, the Switzerland-based packaging giant for a deal worth $4.66 billion.

Nov 24, 2014

Google Offers 1TB Free Storage With New Chromebook ahead of the Holiday Season

Google is pitching a deal on new Chromebooks that is hard to ignore, helping save $240 with two years of 1TB cloud storage for free.

Nov 24, 2014

Winter Session of Parliament Begins: What's on the Table?

Trinamool Congress, Samajwadi Party and other including JDU, CPI-M and BSP have already declared their objection agaisnt Foreign direct investment (FDI) hike in insurance

Nov 24, 2014

BJP condemns Rahul Gandhi's allegations on Centre over investments, Congress defends

Ranchi/ New Delhi, Nov 23 (ANI): Political leaders reacted on Sunday after Congress Vice President Rahul Gandhi attacked the Central Government over investments in trade. BJP leader Sambit Patra said that Rahul Gandhi does not know anything about investments otherwise the nation would not have suffered so much in the last 10 years. Meanwhile, Congress leader Rashid Alvi said that Rahul's allegations are correct in the context that BJP government is with the rich not the poor.

Nov 23, 2014

Sumitra Mahajan calls for all-party meet ahead of Parliament's Winter Session

New Delhi, Nov 23 (ANI): Lok Sabha Speaker Sumitra Mahajan called for an all-party meet in New Delhi to ensure smooth functioning of the winter session of the Parliament. Reportedly, there are 67 bills currently pending before the parliament. Parliament would convene on Monday for a month-long session in which the government is confident of passing legislation to allow more foreign investment in the insurance industry.

Nov 23, 2014

BSE closes points 34.71 up on Nov 20

New Delhi, Nov 20 (ANI): Trading at the Bombay Stock Exchange today closed 34.71 points up to stand at 28,067.56. At the National Stock Exchange the Nifty closed 19.60 points up to stand at 8,401.90. BAJAJ HOLDINGS and INVESTMENT LTD. and GUJARAT GAS CO.LTD. were among the top gainers of Group A with an increase of 7.77% and 7.40% along with KOTAK MAHINDRA BANK LTD. and ING VYSYA BANK LTD. with an increase of 7.28% and 7.15% respectively, while the top losers of Group A include RASOYA PROTEINS LTD and AMARA RAJA BATTERIES LTD with a decrease of 9.95% and 6.22% along with SHREE RENUKA SUGARS LTD and JAIPRAKASH ASSOCIATES LTD with a decrease of 5.68% and 5.22% at the close of the markets. The Auto sector is down 84.35 points at 18,822.94 while the banking sector is up 74.11 points at 20,204.71 and the reality sector is down 25.00 points at 1,623.35. The Indian currency is up 0.06% at Rs 62.00 per dollar.

Nov 20, 2014