From the Editor's Desk In the Netflix series, Narcos, the infamous and powerful druglord Pablo Escobar is shown spending jail-time collecting photographs and building a memoir. While Tihar jail is no La Catedral, Subrata Roy, the once powerful chief of Sahara is writing a trilogy in jail, the first of which, Life Mantras, was released on Feb 1. Unfortunately, it's not a memoir. With allegations of Sahara being the Swiss bank of India, a tell-all would have made for some interesting reading - Comment
IKEA to invest Rs 2000 cr in Haryana The company said it would employ about 1,000 workers directly and engage around 3,000 more for providing services such as furniture assembly, delivery services, among others
Bengaluru-based hacker rewarded with $15000 for discovering bug in Facebook's login system Facebook rewarded a Bengaluru-based hacker after he discovered a flaw in the social networking site's login system that could have let hackers access any account without users' consent. Anand Prakash, who works as a security analyst at Flipkart, was rewarded $15,000 (approximately Rs 10 lakh) for reporting the bug, which was instantly patched by Facebook engineers.
Reliance Retail shuts over 20 stores in effort to cut losses Reliance Retail, the retail arm of Reliance Industries, has shut more than 20 stores in the country in the last nine months mainly in the value (food and grocery retailing) and jewellery formats as the company is focusing to reduce losses by shutting unprofitable stores.
Changing gears, Trent Hypermarket plans swift expansion Likely to open 20-30 stores in Maharashtra & Karnataka in FY17; expansion plan might require capex of Rs 100 croreTrent Hypermarket, a joint venture (JV) between Tata's Trent and UK's retail giant Tesco, is shifting gears after a decade of cautious
Embassy Industrial Parks Signs 1910 Crore MoU with Government of Haryana at Global Investors Summit 2016 Anshul Singhal, Chief Executive Officer, Embassy Industrial Parks, said, “We are happy to see the proactive and professional approach of the Haryana government to help private companies like Embassy Industrial Parks, grow operations in the state of Haryana. Embassy Industrial Parks is confident of achieving its goals in the state with the support of the government. With this support, we promise to host world class infrastructure that will help both multinational and domestic companies’ set-up factory operations in the state.”
Ramco Systems partners with RSA Logistics To implement Integrated Freight Management System (IFMS) to better manage operations Dubai, UAE/ Chennai, India (PRWEB UK) 8 March 2016 Ramco Systems, leading Enterprise...
V S Krishnan: How GST can benefit Make in India The goods and services tax will level the playing field for different sectors of industry, including domestic manufacturing. It will also promote the making of a common market by eliminating inter-state taxes