France Tops In Outflow Of Millionaires In 2015; India At 4th Place
France topped in the number of outflow of millionaires from the country in 2015, followed by China, Italy and India.
Vijay Mallya Finally Comes Up With A Loan Repayment Plan: Offers Rs. 4000 Crore
After a 2 week period of court cases, outrage against Vijay Mallya, SBI’s failed attempt to recover a part of the loans by auctioning his Mumbai property and uncertainty about Mallya’s intention, the latter has come back with an offer for truce.
One Tweet From A User Made Mahindra Head Make This Important Change
Tweets can move mountains. They have incited debates, discussions, the world leaders use them, celebrities use them and they give voice to the voiceless. In one of the most interesting use cases for Twitter, a tweet recently got Anand Mahindra, chairman of the Mahindra group, sit up, take notice and do something drastic.
New Govt. Regulations To Prevent Discounts In E-Retail
The Indian consumer has grown accustomed to discounts offered by online retailers, a new government ruling says that discounts are essentially not allowed in e-retail.
Robin Uthappa Invests In Healthcare Technology Startup HealthEminds
If everyone’s caught up in the startup craze, could Indian cricketers have been far behind? After Yuvraj Singh and Sachin Tendulkar had backed startups, wicketkeeper batsman Robin Uthappa has put his weight behind HealthEminds, a healthcare technology startup.
RBI Governor Raghuram Rajan Doesn’t Quite Mint Money
Even though the post of managing India’s money and economics comes with its own perks. An elite South Mumbai residence with multi-billionaires as neighbours, and a signature on all the currency notes for starters, a super fat cheque isn’t one. Raghuram Rajan, governor of the Reserve Bank of India, doesn’t earn as much as you think he would.
Tata Group To Take Over 51% Of Air Asia India
The Tatas have bought 9% stake from Air Asia’s other major Indian investor Arun Bhatia, who had been locked in a long boardroom battle with the airline and will now exit the company. This will make TATAs owner of 51% stake in the company.
Uber Launches Bike Taxi Service In Gurgaon
Uber’s announced that it will launch its bike taxi service, UberMOTO, in Gurgaon today. UberMOTO will work on Uber’s app, but will use bikes to ferry commuters around instead of cars.
Infosys Employee Among Those Dead In Brussels Bombings
The Infosys employee who’d been missing since the blasts in Brussels last Tuesday has confirmed to have died. This news was confirmed by the Indian ambassador to Belgium today. His body has been found in a metro train where one of the bombs went off.