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Business news across the world.
India’s revenue office has threatened to seize Vodafone assets if the company doesn’t pay the tax bill. Indian tax authorities have sent notice to the Vodafone India along with a warning that if due income tax of around 14,200 crores of rupees is not paid, its assets in India could be seized. Vodafone has been fighting Indian … Read more
Jon Cornwell, CEO, Newsflare (a former management consultant) is helping thousands of freelance journalist to earn their living while enjoying their freelance lifestyle. Jon co-founded Newsflare in April 2011 with a very simplified process where freelance journalist shoots the videos and upload them at Newsflare. Newsflare sells them to News organizations and as they are … Read more
Tata Consultancy Services (TCS) India’s largest software exporter which was once sued over hiring bias in the US has been selected by German aviation company Lufthansa AG to support its IT transformation in a multi-million dollar deal. TCS Tata Consultancy Services In addition to testing services, TCS will help improve the quality of services of … Read more
HSBC another foreign bank is shutting its private banking business in India, Asia’s third-largest economy. “After a strategic review of the global private banking operations in India, we have decided to close the business,” an HSBC Indian spokesman said. Many foreign wealth managers opened business in India thinking of fast economic growth, only to find … Read more
Take away from London Social media Summit 2014 #smsldn London Social Media Summit 2014 #smsldn hosted by BBC College of Journalism & the New York Times took place at BBC radio theater London on 16th May 2014 between 9.30 am to 16.30 pm Eminent Journalists such as Laura Oliver Guardian, Joanna Geary Twitter UK, Esra Dogramaci … Read more
Digital media is proving to be a faster and cheaper way for brands to reach their consumers i.e. companies around the globe are increasing their digital marketing budget. The growing importance of digital is reflected in P&G CEO A.G. Lafley statement when he mentioned that digital is now up to a 35% share of P&G’s … Read more
May 2013: Goldman Sachs remains quite bullish on India for years now started getting a reality check and finding it difficult to do business in the world’s second-fastest-growing economy. BRIC the acronym was coined by Goldman Sachs economist Jim O’Neill in a 2001 paper entitled “Building Better Global Economic BRICs”. Goldman Sachs argues that the … Read more
India offers many opportunities for those who are brave enough to take risk and smart enough to avoid the pitfalls. One of the greatest pitfall while doing business is India is the widespread corruption. None other than the business icon of India, Ratan Tata, chairman of the $67.4 billion conglomerate, voice his frustration, stating that … Read more
Many say sex sells, and that saying seems to be true at least in the case of domain name of Sex.com, which was recently sold for cool $13 million. The domain was put up for auction in July 2010 and was bought by Clover Holdings, a company registered on the Caribbean island of St Vincent, … Read more