Remember Warren Buffet's two rules of investing - 1) Never lose money, 2) Don't forget Rule no. 1.
1 min read15 Aug 2020Walmart has reportedly downsized a sizeable chunk of its staff in India. The world’s largest retailer reportedly also plans to shut its Mumbai fulfillment centre and halt new-store expansion in the country. Its piling up losses even after a decade of operations in India perhaps explain its decision.
13 Jan 2020Protecting downside is important because a steep fall, especially in the initial years of investment, can eat into the capital and affect the ability of the portfolio to compound and grow
1 min read20 Aug 2019Mukkabaaz starring Vineet Kumar Singh and Jimmy Shergill is a robust, raucous, rollicking ride through the muck of casteism, corruption and callousness
3 min read12 Jan 2018'Star Wars: The Last Jedi', Walt Disney's space adventure, tallied $100.7 million in North American ticket sales
3 min read26 Dec 2017The Christmas holiday started early for US moviegoers, with five new weekend releases for fans seeking something other than the latest Star Wars flick
3 min read25 Dec 2017SoundCloud, which in January said it was at risk of running out of money, informed its staff that 173 jobs would be cut
2 min read6 Jul 2017Nike wants to sell more shoes directly to customers online as part of a restructuring process which will cut about 1,400 jobs
1 min read15 Jun 2017China defence ministry spokesperson says the Central Military Commission, the overall high command of the PLA headed by Xi Jinping, has decided to reorganise the army
3 min read27 Apr 2017Proposed merger of upstream and downstream firms is in national interest, will complement each other in different economic cycles, says oil minister Pradhan
2 min read25 Mar 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared