Search Results for: India
Modi at the helm, and the rupee falls
August 12th, 2014
The Indian rupee has plunged almost 5% against the greenback since pro-business Prime Minister Narendra Modi swept to power in May – so what’s behind the currency’s fall and where is it headed next? Foreign exchange strategists point to ...
Mauritius urge for transparency to have Africa Investment
August 12th, 2014
Navinchandra Ramgoolam, The Prime Minister of Mauritius has highlighted the importance that African leaders should establish transparent legal structures for having foreign investment. Ramgoolam was speaking at the US-Africa Leaders’ Summit in Washington, chaired by US President Barack Obama. ...
The Tricks of China’s Trade
August 11th, 2014
Last year, China ostensibly reached another milestone in its meteoric rise, surpassing the United States to become the world’s largest trading country, with its total trade turnover valued at CN¥25.83 trillion ($4.16 trillion). But this achievement is largely illusory ...
Tax on online advertisements bring discontent to e-tailers in Bangalore
August 11th, 2014
With Budget 2014 re-introducing service tax on online and mobile advertising, e-commerce industry facing the direct brunt of it has now adopted a wait and watch strategy. But they feel that the government needs to go extra mile to ...
Foreign Firms under Chinese antitrust law
August 11th, 2014
It was only last month that 100 antitrust investigators probe simultaneously into four of Microsoft’s offices across China, executing “surprise visits” where the vice president and other managers were interrogated and data was collected. It appears that Chinese regulators ...
25,000 join Europe class action lawsuit against Facebook
August 7th, 2014
An Austrian waging a battle against Facebook’s privacy policies said that 25,000 users of the social networking giant have signed on to his class action lawsuit. The suit, filed by lawyer Max Schrems, claims a symbolic US $ 660 ...
Samsung’s next reinvention challenge is ‘reinvent itself’ & to be more innovative
August 7th, 2014
As its smartphone sales stutter and a generational leadership succession looms, Samsung Electronics Co Ltd is under pressure to reinvent itself – to be more innovative, but not lose the rigor and focus that made it a global powerhouse. ...
Apple, Samsung Agree to End Patent Suits Outside U.S.
August 6th, 2014
Apple and Samsung Electronics are starting to wind down their global patent battle. The companies said in a joint statement today that they have agreed to drop all suits against each other in countries outside the U.S. Claims are ...
Europe Index Futures Tumble With Asian Stocks; Kiwi Drops
August 6th, 2014
European index futures (SPA) dropped with the euro and stocks in Asia amid escalating tensions over Ukraine and concern that stronger U.S. growth will lead to sooner-than-projected interest-rate increases. New Zealand’s dollar and emerging-market currencies weakened. Futures on the ...
Oil companies may deregulate diesel prices by Diwali
August 4th, 2014
The government raised diesel prices by 50 paise on Friday and under-recoveries – the price differential between cost and selling price on every litre of diesel sold is now Rs 1.33. Diesel prices were first deregulated by the NDA ...
