Six real reasons behind AskMe shutting down

On  August 19, e-commerce company AskMe decided to shut shop which left about 4,000 of its employees  jobless. A variety of reasons, from weak technology to aggressive acquisitions, are responsible for the online retailer's failure.

Why proposed September 2 strike may bring country to a standstill

10 trade unions including the All India Trade Unions Congress and Centre of Indian Trade Unions rejected a government appeal on Tuesday to call off the strike, saying it failed to address their demands.

PM Modi inaugurates SAUNI project, reaches out to farmers in poll-bound Gujarat

Holding his first public rally in poll-bound Gujarat after taking office in 2014, Prime Minister Narendra Modi today reached out to farmers from the heartland of the restive Patel community after launching an irrigation project.

EU orders Apple to pay $14.5 billion tax to Ireland

The European Union says Ireland has given illegal tax benefits worth up to 13 billion euros ($14.5 billion) to Apple Inc. and must now recover the unpaid back taxes from the U.S. technology company, plus interest.

Sensex ends 440 points higher to hit fresh 52-week high, Nifty closes at 8,744 on positive global cues

"I think that the market is in a narrow trading range from 8,500-8,800. There will be fresh buys when the index comes down to 8,500 and profit-booking when the index hits the 8,800," said expert.

Wed Aug 31 07:37:07 IST 2016

From The Magazine


Last year, the government provided budgetary and extra budgetary support of Rs 92,000 crore to its companies and only got back Rs 56,000 crore as dividends. Here's why it shouldn't keep throwing more money into this bottomless pit.

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Union Budget 2016-17