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Indian Mobile Phone Sales Drop For First Time In 20 Years

Indian Mobile Phone Sales Drop For First Time In 20 Years

NEW DELHI – Mobile sales dropped 14.5% in Q1 (January to March) 2015, on a quarter-to-quarter basis, compared to Q4 (October to December) 2014; from 62 million handsets in Q4 2014 to 53 million handsets in Q1 2015, according to a recent press release from CyberMedia Research, a consultancy.
The decline in smartphone sales from quarter-to-quarter [...]

May 23rd, 2015 | Posted in Business | Read More »

Oil Prices Drop Again On Global Supply Glut And Soft Demand

Oil Prices Drop Again On Global Supply Glut And Soft Demand

Bernard Aw, market strategist at IG Markets Singapore, said “global oversupply with weak demand” continues to put a cap on prices despite geopolitical unrest raising concerns about a disruption in the Middle East.
LONDON – Oil prices fell on Tuesday as a global supply glut and soft demand overshadowed the impact of geopolitical tensions in the [...]

May 23rd, 2015 | Posted in Business | Read More »

Apple CEO Tim Cook Trashes Android Phones At University Address

Apple CEO Tim Cook Trashes Android Phones At University Address

WASHINGTON – Apple CEO Tim Cook gave a commencement speech at George Washington University.
Cook spoke about Martin Luther King Jr, working with Steve JOBS, and meeting president Jimmy Carter.
But Cook couldn’t resist making a little joke aimed at the people in the audience who were using Android phones.
“They’ve asked me to make a standard announcement [...]

May 23rd, 2015 | Posted in Business | Read More »

Rupee Falls Against US Dollar

Rupee Falls Against US Dollar

The rupee depreciated 30 paise to 64.15 against the US dollar in early trade on Tuesday on the Interbank Foreign Exchange as the American currency firmed up overseas.
MUMBAI: The rupee depreciated 30 paise to 64.15 against the dollar in early trade on Tuesday on the Interbank Foreign Exchange as the American currency firmed up overseas.
Besides, [...]

May 16th, 2015 | Posted in Business | Read More »

GST Tax Reform Will Make India Single Largest Market Globally, Says Minister

GST Tax Reform Will Make India Single Largest Market Globally, Says Minister

NEW DELHI – Pitching for support from political parties on the goods and service tax, Railways Minister Suresh Prabhu said the comprehensive indirect tax reform will make India single largest market in the world.
“I think one good step which the government has taken is to get GST done but that is only a part of [...]

May 16th, 2015 | Posted in Business | Read More »

Chinese Smartphone Market Facing Slowdown: Survey

Chinese Smartphone Market Facing Slowdown: Survey

BEIJING – The Chinese smartphone market, which has surpassed the U.S. to become the world’s largest in 2011, is witnessing a slowdown, the Wall Street Journal has reported.
According to a new survey by the global market research firm International Data Corp, smartphone shipments in China fell 4.3 percent in the first quarter compared with a [...]

May 16th, 2015 | Posted in Business | Read More »

India’s eCommerce Ventures Are Exploding But There Is A Sting In The e-Tail

India’s eCommerce Ventures Are Exploding But There Is A Sting In The e-Tail

NEW DELHI – Each time one of India’s biggest Internet-enabled retailers (in new economy parlance, e-tailer) delivers a package to you or to anyone else, it loses Rs 140.
Another of its competitors — one that’s not as large but an important player nonetheless — is in the red by Rs 220 every time you click [...]

May 9th, 2015 | Posted in Business | Read More »

US Burger Chain Wendy’s To Open First Outlet In India

US Burger Chain Wendy’s To Open First Outlet In India

MUMBAI – American fast food restaurant chain Wendy’s is all set to make its India debut tomorrow, it was officially announced here on Tuesday.
Wendy’s franchisee, Sierra Nevada Restaurants, is a joint venture between International Market Management of England and Rollatainers of India, which will officially open its first outlet in Gurgaon, a company statement said.
“Sierra [...]

May 9th, 2015 | Posted in Business | Read More »

Apple’s New Watch May Be In Touch, But Doesn’t Get People Closer

Apple’s New Watch May Be In Touch, But Doesn’t Get People Closer

Think about old days if you want to write a letter from far-flung to The Link community newspaper than you have to write on paper and than mail it. Mail take approximately two weeks to deliver letter. Now just type on computer screen and click to send. Within super of moment  message delivered on news [...]

May 9th, 2015 | Posted in Business | Read More »

Showtime For Akhil!

Showtime For Akhil!

Since the age of 3, Akhil Jobanputra (Akhil Dattani) has been learning North Indian Classical Vocal Music under the guidance of PadmaVibhushan Pandit Jasraj ji, Pandit Sanjeev Abhyankar, and Asha Lohia as well as many other Gurus from Canada and India. Akhil, who started performing from a very young age, made his main stage debut [...]

May 2nd, 2015 | Posted in Business | Read More »