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Fri, Sep 21 2018. 01 29 PM IST

Amazon shows off microwave, clock, smart plug-in linked by their cloud-based voice service Alexa

Amazon shows off microwave, clock, smart plug-in linked by their cloud-based voice service Alexa

Mon, Sep 10 2018. 12 40 PM IST

Crypto growth nears ‘ceiling,’ says Ethereum co-founder

The days of explosive growth in the blockchain industry have likely come and gone now the average person is aware of its existence, according to Vitalik Buterin, co-founder of Ethereum. Bloomberg’s Eric Lam reports on “Bloomberg Markets: Asia.”

Mon, Sep 10 2018. 12 36 PM IST

Daniel Zhang to replace Jack Ma as Alibaba chairman in 2019

Jack Ma is going to step down as Alibaba chairman one year from today, going to be replaced by Daniel Zhang. Ma told Bloomberg last week he was looking at a change of life. Ma will officially pass the baton on his 55th birthday next year but remain on the board until 2020. The former English schoolteacher now intends to focus on philanthropy and education but also pursue “new dreams.” he said in a statement Monday. Bloomberg’s Lulu Chen reports on “Bloomberg Markets: China Open.

Wed, Sep 05 2018. 03 06 PM IST

Amazon becomes second US company to reach $1 trillion market valuation

Amazon on Tuesday became the second American company to cross $ 1 trillion in stock market valuation. The Jeff Bezos-founded company and Apple now make up more than 8% of the entire value of the S&P 500, said Howard Silverblatt, Senior Index Analyst for S&P

Mon, Sep 03 2018. 11 43 AM IST

South Korea to send security head, spy chief to North Korea

South Korean President Moon Jae-in will send both his national security adviser and top spy as special envoys on a one-day mission to Pyongyang Wednesday ahead of a possible inter-Korean summit this month. Bloomberg’s Jihye Lee reports “Bloomberg Daybreak: Asia.”

Wed, Aug 15 2018. 12 56 PM IST

72nd Independence Day: India the land of reform, perform and transform, says PM Modi

In his last Independence Day address ahead of the next Lok Sabha elections, Prime Minister Narendra Modi spoke at length about the progress India has made under his government and asserted that its rise is being hailed by the world.

Mon, Aug 13 2018. 04 22 PM IST

Are mutual funds safe?

Losing your money is one of the worst moments of your life. Losing it to a bad investment decision is even worse. While there is a lot of buzz around mutual fund returns right now, are they really safe? Nidhi Sinha talks with Monika Halan in the 3rd episode of Mutual Funds with Monika to find out.

Thu, Aug 09 2018. 04 56 PM IST

Ikea opens its first Indian store in Hyderabad

Ikea CEO Jesper Brodin promised Wednesday to meet the “needs, frustrations and dreams” of local consumers with the Swedish firm’s first Indian store, its second attempt to break into a vast but difficult market. Ikea, whose founder Ingvar Kamprad died in January, is present in 49 countries. But its previous attempt in 2006 at reaching India’s burgeoning middle class fell foul of local regulations. This time around, Ikea expects to attract seven million visitors per year to its 13-acre Hyderabad site, the first of 25 outlets it hopes to open across the country of 1.25 billion by 2025. But Brodin admitted having to give Ikea’s business model a local twist of Indian spice to try to attract a vast middle class not used to a company which expects them to assemble products themselves.

Tue, Aug 07 2018. 11 33 AM IST

Indra Nooyi is proud of the work Pepsi has done in India

Indra Nooyi is stepping down as chief executive officer of food and beverage giant PepsiCo Inc., handing the reins to a top lieutenant in a transition that will draw attention to the dearth of prominent female CEOs in corporate America. Nooyi, 62, will leave the role in October and remain chairman until early 2019. Ramon Laguarta, 54, who has been a candidate to take over since a promotion last year to president, will be just the sixth CEO in the 53-year history of the company.

Mon, Aug 06 2018. 05 09 PM IST

Simplifying Mutual Funds

We’ve all heard about mutual funds, but what exactly are they and how can we make them work for us? Is a mutual fund a way to just invest in stocks? Is it safe or can I lose all my money? Learn the basics of mutual fund investing

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