LATEST NEWS

Govt puts off Air India stake sale plan

The government is now looking at turning around Air India to ensure that it makes profits on overall basis before going in for a listing, as is required under Sebi listing norms

Mehbooba Mufti resigns as J&K CM as BJP calls off alliance

BJP and PDP had differences on holding talks with separatists and removal of the Armed Forces (Special Powers) Act and the differenced boiled over with the killing of Shujaat Bukhari and Army jawan Aurangzeb in separate attacks on the eve of Eid

Microsoft under fire over ICE contract; but won't back down

Azure Government is a cloud computing software that Microsoft sells to various government agencies, but the contract with US Immigration and Customs has come in for criticism over the agency's detention centres and family separation policies

Google AI's medical predictions prove more accurate than doctors'

Google’s Medical Brain team is now training its artificial intelligence capabilities to predict the death risk among hospital patients — and its early results show it has slightly higher accuracy than a hospital’s own warning system

Amazon CEO Jeff Bezos added $5-bn to his wealth since 1 June: Forbes

Jeff Bezos, the world’s richest man with a net wealth of $141.9 billion, is now $49-billion richer than Microsoft founder Bill Gates and $60-billion richer than Warren Buffett, the founder chairman and CEO of Berkshire Hathaway

Sandeep Bakhshi made ICICI Bank COO; Kochhar is CEO 'on leave'

ICICI Bank board, which earlier tried to shield the CEO from the allegations levelled against her by an anonymous whistleblower, now claims the bank is following the “highest levels of governance and corporate standards”

Head of VW's Audi arrested in Germany over 'dieselgate'

While Audi too had admitted to using the cheating device in its models, both Audi and Volkswagen, however, said Stadler was presumed innocent unless proved otherwise

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Migrating via investment: why US is inferior to Canada, UK, others

The US EB-5 Investor programme or ‘million-dollar green card programme’ requires you to tie up around $575,000 of funds for a long period with no guarantee of success; similar programmes in Canada, the UK or Europe have much less burdensome requirements and may make more sense, says  Ajay Sharma, president of Abhinav Oursourcings

The case for not taxing multinationals

Taxing MNEs' profits, as currently done, wastes resources and is detrimental to global welfare, a new study argues, and suggests we should, instead, tax dividends and sales

Do Indians need to worry about the rise of the robots?

While the number of robots deployed by Indian firms has seen a 200-fold increase in the 21st century, the country still has the lowest density of robots in the world, and they are mostly deployed in jobs that are difficult or dangerous for humans

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