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India Preparing Projects Worth $2-3 Billion For Funding By AIIB: Arun Jaitley

Finance Minister Arun Jaitley made the offer to set up AIIB branch in India while addressing the Board of Governors Session of the Annual General Meeting (AGM) of the bank headquartered in Beijing. BEIJING:  India is preparing a basket of projects worth USD 2-3 billion for funding by the Asian Infrastructure Investment Bank (AIIB) in several areas like urban development ... Read More »

India Needs $1.5 Trillion For Infrastructure: Arun Jaitley

Finance Minister Arun Jaitley said the government is seeking private sector participation in converting railway stations into commercial hubs. Beijing: India needs over $1.5 trillion in investment in the next 10 years to bridge infrastructure gap as the government intends to connect seven hundred thousand villages with roads by 2019 as part of a massive modernisation plan, Finance Minister Arun ... Read More »

Sky Is The Limit For Investments In India: Arun Jaitley

Arun Jaitley also attended the Board of Governors meeting of the China-backed Asian Infrastructure Investment Bank (AIIB). BEIJING:  Sky is the limit for investments in India and its economic growth is sustainable because it has a lot of distance to cover, Finance Minister Arun Jaitley said today. “It (growth) is sustainable for the reason that India has lot of distance ... Read More »

India Needs $1.5 Trillion For Infrastructure: Arun Jaitley

Finance Minister Arun Jaitley said that India will undergo massive modernisation over the next 10 years, and needs $1.5 trillion for infrastructure development. BEIJING:  HIGHLIGHTS India will undergo massive modernisation over next decade: Arun Jaitley This will generate growth, employment, pull many out of poverty, he says Government aims to connect thousands of villages by 2019 India needs over USD ... Read More »

Flipkart Buys Rocket Internet-Backed Jabong For $70 Million

Myntra is India’s largest online fashion retailer. HIGHLIGHTS Flipkart unit buying fashion e-tailer Jabong for $70 million in cash Myntra is India’s largest online fashion retailer Two sites to have combined base of 15 million monthly active users Mumbai: Flipkart, India’s biggest e-commerce firm, is buying domestic online fashion retailer Jabong from Global Fashion Group for $70 million in cash, ... Read More »

Is The Party Over For Indian IT Companies? Some Say Yes

IT companies have disappointed investors with weak earnings in the June quarter HIGHLIGHTS IT companies are likely to see further de-rating, said market expert Weak quarterly earnings is the big dent in the IT sector IT stocks have underperformed the broader markets IT stocks have underperformed the broader markets that are in the midst of a remarkable rally. The Nifty50 ... Read More »

Profit-Taking Hits Sensex For Third Day; Pharma, Metals Drag

Investors have been piling up stocks on hopes that the GST will soon become a reality 3:35 p.m.: Sensex ends lower for third day on profit-taking. The benchmark index declined 21 points to end at 27,981 while the broader Nifty50 index slipped 13 points to 8,622. The broader markets also declined with BSE midcap and smallcap indices falling 0.60 per cent ... Read More »

Watch Out for Modobag! It’s Motorized Luggage You Can Ride — Really

Ah, the road warrior of the business world. The image is almost universal — a business person in the airport running along pulling their luggage, a laptop on one shoulder, a carry on, an overcoat of some kind, and the always present pastry and coffee. (Maybe you are this person!) But if Modobag has its way, the hectic scene will ... Read More »

ClicksMob Creates Mobile Platform for Advertisers and Publishers

We’re living in a brave new world of digital marketing. It seems like everything is being pushed onto mobile. And although both publishers and advertisers are bending over backwards in order to incorporate mobile into their existing marketing mix, there’s an inherent need to connect those publishers with the advertisers who need them. Mobile performance startup ClicksMob is on a ... Read More »

Professional Photographers: Wix Pro Gallery is Designed for Your Business

Wix.com Ltd. (Nasdaq:WIX) — a cloud-based web development platform with over 88 million users around the world — has announced the global release of Wix Pro Gallery, a tool that will provide advanced functionality for photographers to create professional photographer portfolio websites. With the new Wix Pro Gallery, professional photographers can now access useful image rendering solutions and controls for uploading and ... Read More »