Author Archives: souvik

Alphabet options busy as traders hedge ahead of results

Options on Google parent Alphabet Inc were busy on Monday ahead of the search giant’s quarterly results that could help it unseat Apple Inc as the most valuable company in the world. Traders however appeared more inclined to spend money on protective trades than on bets looking to profit from a large move to the upside. About 55,000 contracts were ... Read More »

China to allow banks to directly invest in high-growth tech firms – sources

China is planning a pilot programme to allow selected commercial banks to set up equity investment arms to take direct stakes in technology firms, people familiar with the matter said, a move aimed at giving lenders a chance to buy into a high-growth industry while stoking competition with private equity players. Under China’s commercial banking law, banks are forbidden from ... Read More »

FACEBOOK OUTLINE HOW MILLENNIALS APPROACH FINANCIAL MANAGEMENT [INFOGRAPHIC]

One of the most significant changes brought about by internet connectivity has been in the way we manage our finances. Think about it for a moment – it used to be that if you wanted to deposit or withdraw your money, you’d have to go to an actual bank, you’d have to wait in line in between those herding barriers ... Read More »

PINTEREST REPORTS ON AUDIENCE TRENDS TO WATCH FOR 2016

If you’re considering using Pinterest for your marketing and branding efforts, one of the first things you need to know is who’s using the platform – i.e. is your target audience on Pinterest? Second to that, what you also need to get a handle on how people are using the platform – what are the common user trends and behaviors, ... Read More »

Delhi schools to suspend primary classes due to cold weather

Delhi government has directed the schools run by it to suspend primary classes in wake of the chilly weather in the national capital and private schools to alter their timings. While private schools have been asked to amend their timings themselves, directions have been issued to government schools to start an hour later than their usual time. “Due to the ... Read More »

NCC demands increase in quota for CET seats  

 The Karnataka and Goa directorate of National Cadet Corps (NCC) has sought increase in quota in professional colleges in the state. The directorate wants the Karnataka Examination Authority (KEA), which conducts CET, to consider the demand from the next academic year as more students in NCC want to pursue professional courses. According to the directorate, the number of candidates in ... Read More »

UK schools get tough on face-covering veils

  Britain’s top schools monitoring authority has instructed officials to mark down institutions as “inadequate” where face-covering veils are hampering learning, days after Prime Minister David Cameron advocated removal of face coverings at educational institutions. Sir Michael Wilshaw, the head of the Office for Standards in Education, Children’s Services and Skills (Ofsted) said he has written to all inspectors instructing ... Read More »

Reliance Communications expects to seal mobile tower deal in 2 weeks

MUMBAI: India’s Reliance Communications expects to reach a deal to sell its mobile phone masts business to a group of companies led by buyout firm TPG Capital Management LP in the next two weeks, its chief executive said on Monday. RCom last month signed a non-binding pact to sell the business to TPG and Tillman Global Holdings LLC, a US ... Read More »

Twitter users dislike Twitter executive exodus

            NEW YORK: Twitter users mostly disliked the largest executive exodus at the online social media company announced late on Sunday, with some notable tweets criticizing CEO Jack Dorsey and even speculating on potential acquirers. The Thomson Reuters social media sentiment analysis index was negative overall on Twitter, falling close to its lowest levels in ... Read More »

Apple set for lowest iPhone sales growth ever

  Analysts say Apple has become a victim of its own success as the iPhone 6 line was lapped by consumers looking… R Apple Inc is expected to report iPhone sales increased slightly more than 1% in the holiday quarter when it announces earnings on Tuesday, its slowest growth ever and far from the double-digit growth investors have come to ... Read More »