Software and information technology company says it will recruit in India for the next 5 years
Start-up will use financing to expand team, promote its platform and expand business
Traders, investors & regulators can glean several insights
The January CPI was 3.17% higher than a year ago, the lowest rate in five years
Provisions of long-term capitals gains tax is now applicable after only two years
Companies and policymakers need to expand their focus beyond job creation
Free cash flow dropped to Rs1.5 crore, down from Rs 3,547 crore a year ago
Dollar is up, the yen has crashed and most other currencies have lost ground versus the dollar
FPI debt sales have also been matched by DII buying
The former Air Chief appears more sinned against than sinning
Low inflation, services contraction and manufacturing slowdown all point in the same direction
The latest data suggests that a very large proportion of the denotified currency will be deposited back into the banking system
Most bankers, it seems, are not aware that discretion is the better part of valour
Every housing finance company, and every bank with a large housing finance exposure, will see loss of volumes in this quarter
The monsoon has been fair and there are already signs that the rain has boosted rural, semi-urban sentiments
Studies of the computer industry often note that the same companies rarely maintain leadership through two successive phases of the industry's evolution. IBM's marketshare in the 1960s, exceeded the collective share of the next five companies, which were called the "BUNCH" - Burroughs, Univac, NCR, Control Data and Honeywell.But, IBM failed to keep that dominance in the personal computing era, where Microsoft and Apple came to the fore. Microsoft and co. failed to translate dominance of standalone personal computing into dominance of the internet. New players like Google exploited the Web better. Google in turn, has struggled to hold its lead in the era of social media where Facebook has taken over.It's been similar with devices. PC-makers like Dell and HP-Compaq were stumped by mobiles. Nokia was the 800-pound gorilla of the mobile feature phone. Blackberry was a pioneer in smartphones. Neither has managed to hold onto #1. Apple bounced back with the iPod and became the world's most v
The new Monetary Policy Committee decided unanimously to implement a rate cut in its first review
Raghuram Rajan's last policy review went off without surprises. The central bank opted not to tinker with any rates
Pharma, Infrastructure, Utilities and consumer products are expected to be major growth areas
There are hundreds of trend-following trading systems available but the last mile will always be up to the individual