International News - Page 5

Amit Yoran replaces Art Coviello as new RSA president

In his new role, Yoran will take responsibility for delivering a unified customer experience across products, marketing, sales and services.

Mr Modi, solution to poor PSU performance is privatisation, not a holding company

Holding companies have been proposed for banks and other public sector companies to insulate them from ministerial interference. This is, at best, a second-best solution.

Stress on banks' balance sheets a serious threat to Modi's economic revival agenda

It is highly critical for the Modi-government to address the deterioration in the financial health of companies and, in turn, that of banks, if it is serious about what it preaches

Guess what? Forex reserve will swell by $30 bn even if half of black money is returned

Though there would not be any immediate forex impact given the legal issues involved, it could add $30-35 billion to the forex reserves over time

Come, list on Indian exchanges, India tells American cos as Modi begins US visit

The new regime would be complementary to the existing ADR or American Depository Receipt regime under which Indian companies get listed on the US stock exchanges.

ICICI Bank's Chanda Kochhar, 7 other Indians on Fortune's list of powerful women

Kochhar, ranked highest among Indian women, has been ranked second across the region, while three others - State Bank of India's Arundhati Bhattacharya (4th), HPCL's Nishi Vasudeva (5th) and Axis Bank's Shikha Sharma (10th) - have also made it to the top 10.

No Diwali gifts: FinMin asks PSU banks, insurers not to give freebies to officials

There will be no Diwali gifts for officials as the Finance Ministry has advised public sector banks and insurance companies to refrain from doling out freebies.

Round 2 in Android One war: New phones may hit market by Dec-end

Enthused by the initial response to Google's Android One, handset makers Karbonn, Spice and Intex are gearing up for round two with a slew of smartphone launches beginning December this year.

Breaking records: Alibaba's market value more than Amazon, eBay, Facebook

Alibaba debuted as a publicly traded company Friday and swiftly climbed nearly 40 percent in a mammoth IPO that offered eager investors seemingly unlimited growth potential and a way to tap into the burgeoning Chinese middle class.

Raju effect: Andhra govt reduces VAT on aviation fuel to 1%

Recently, Union Civil Aviation Minister P Ashok Gajapathi Raju said the ministry wrote letters to all state governments to rework the tax structure on the ATF.

Walmart extends online wholesale platform to two cities in Andhra Pradesh

The e-commerce platform will provide the same range of products as its wholesale stores, including a select variety of fresh fruits and vegetables

Doordarshan to be on your mobile phones from next year

The service on mobile phones is being planned in Mumbai and Delhi to start with.<br />

RBI needs to allow small banks to think big if it wants them to succeed

Several companies are planning to apply to become smaller banks, including some among those, which failed to win a banking licence in April.

China fines drugmaker GSK record $489 mn in bribery case, sentences executives

China has fined GlaxoSmithKline Plc a record 3 billion yuan ($488.8 million) for paying bribes to doctors to use its drugs, the British company said on Friday, drawing to a close a corruption probe that rocked the pharmaceutical sector in China.

China Aug factory growth slows to near 6-year low, calls grow for more stimulus

China's ndustrial output rose 6.9 percent in August from a year earlier - the lowest since 2008 when the economy was buffeted by the global financial crisis

Bad news, Apple fans: iPhones shipments delayed amid record orders

Apple routinely grapples with iPhone supply constraints, particularly in years that involve a smartphone re-design.

Coal scam: Why did CBI hurry to file closure report against Birla, asks court

A special court on Friday asked the CBI as to what was the "hurry" in filing a closure report in the coal blocks allocation case in which it had earlier lodged an FIR against top industrialist Kumar Mangalam Birla and others.

Coal scam: SC refuses to hear pleas of companies

The bench has already reserved its order on the fate of 218 coal blocks allocations which were declared by it as illegal and arbitrary.<br />

Diageo won't get much out of its inquiry: Blame is on shoddy due diligence of United Spirits

Diageo had gone for merger given the fact that the Indian legal system gives mergers a better protection than it gives to takeovers. Amalgamation or merger has to have the High Court approval whereas takeover needs nobody's approval save compliance with the public offer mandate of SEBI takeover regulations at a price determined by the regulations.<br />

Thailand tries to make vacationing attractive, offers free visas to China tourists

To make vacationing in a country still under martial law a little more attractive, Thailand's military junta is offering tourists from China free visas.

Saradha scam with Trinamool links may also have funded Bangla Islamists

The Saradha Ponzi scheme, which went bust last year, is now alleged to have funnelled money to Bangladeshi fundamentalist forces and a Trinamool politician is being linked to this

Jailed Subrata Roy is paying the price for arrogance of power

Corporate defiance at a time when all institutions - from regulators to courts - are trying to re-establish their credibility is what has laid Vijay Mallya and Subrata Roy low. <br />

Fashion turns red hot in Indian e-commerce as Jabong becomes a Rs 21,000 cr global giant

Fashion etailer Jabong just turned into a global giant with its investors German venture capital group Rocket Internet and with Swedish investor Kinnevik announcing a merger of five emerging market fashion start-ups.

Safe online banking: The onus is on banks; fight back if they refuse

Just because the matter was under police investigation it was no reason for the bank to let the customer be deprived of his rightful money.

ECB joins the money printing party and launches QE lite

The European Central Bank (ECB) led by Mario Draghi has decided to cut its main lending rate to 0.05% from the current 0.15%. It has also decided to cut the deposit rate to -0.2%.<br />

Sahara's Roy seeks 10 more days from SC to find buyers for his overseas hotels

Sahara chief Subrata Roy has sought an extension of ten days from the Supreme Court to seal the deals for his hotels abroad. <br />

No Indian company in Gartner's Top 10 Asia Pacific supply chain list

Gartner said it was encouraging to see companies had dramatically improved their position on the global ranking compared to last year, and that Samsung and Lenovo made the Top 25 Global Supply Chains list.

Apple, Google appeal to US judge's rejection of $325 mn settlement in hiring lawsuit

Four tech companies including Apple and Google appealed a US judge's rejection of a proposed $324.5 million settlement in a lawsuit over hiring practices in Silicon Valley, according to a court filing from the companies late on Thursday.<br />

Wearables, IoT to boost Smart mGovernment projects in Asia Pacific: Report

IoT, context, instantaneous reach, privacy, security, technology readiness and wearables are identified as the seven key ingredients for Smart mGovt adoption.

SimplEye: Now smartphones are accessible to visually challenged too

Kriyate Design Solutions, a Delhi-based startup founded in 2012, has developed an app, SimplEye, to help bridge this gap between smartphones and the visually impaired, using sound, vibration and tactile accessories.<br />