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IKEA To Invest 1000 Crore In Its Third India Store In Bengaluru

IKEA To Invest 1000 Crore In Its Third India Store In Bengaluru

IKEA Bengaluru will also have parking space for around 2,000 vehicles and a 1,000 seater restaurant serving Swedish and Indian delicacies, he added. NEW DELHI- Swedish home furnishings retailer Ikea would commence its e-commerce operations in the country by March next year, Ikea India Chief Executive Officer Peter Betzel said Thursday. He also said Ikea’s […]

October 20th, 2018 | Posted in Business | Read More »

CVC Releases India’s List Of Top 100 Bank Frauds

CVC Releases India’s List Of Top 100 Bank Frauds

The study focused on the methods used by fraudsters, and the loopholes noticed by the CVC, and suggested systematic improvements to avoid such frauds. MUMBAI- The Central Vigilance Commission (CVC) on Tuesday released a first-of-its-kind analysis of the top 100 banking frauds and said it had shared its findings with the Reserve Bank of India […]

October 20th, 2018 | Posted in Business | Read More »

China-US Surplus Hits Record, Adding Fuel To Trade War Between Countries

China-US Surplus Hits Record, Adding Fuel To Trade War Between Countries

Relations between the world’s two largest economies have soured sharply this year, with US President Donald Trump vowing on Thursday to inflict economic pain on China if it does not blink. BEIJING – China’s trade surplus with the United States ballooned to a record $34.1 billion in September, despite a raft of US tariffs, official […]

October 20th, 2018 | Posted in Business | Read More »

Rupee’s Slide Is Stinging Indian Firms With Unhedged Foreign Debt

Rupee’s Slide Is Stinging Indian Firms With Unhedged Foreign Debt

India Inc. overall is better off than several years ago, after more companies with foreign currency debt bought protection against rupee declines, which otherwise would push up the cost to service those obligations. MUMBAI – The rupee’s freefall is hurting the minority of Indian firms that haven’t hedged their overseas borrowings.   India Inc. overall […]

October 13th, 2018 | Posted in Business | Read More »

Storm Is Brewing For Indian Stocks, Says Bank Of America Merrill Lynch

Storm Is Brewing For Indian Stocks, Says Bank Of America Merrill Lynch

The BSE benchmark Sensex cracked over 500 points in early session Thursday as rupee hit another low amid weak global cues and fears of widening current account of deficit. NEW YORK – Indian stocks have given up most of their gains for the year, but there may be more pain ahead.   That’s the view […]

October 13th, 2018 | Posted in Business | Read More »

IMF Cuts Forecast For Global Growth As Trade War Takes Its Toll

IMF Cuts Forecast For Global Growth As Trade War Takes Its Toll

The International Monetary Fund said the world economy is plateauing as the lender cut its growth forecast for the first time in more than two years, blaming escalating trade tensions and stresses in emerging markets. WASHINGTON – The International Monetary Fund(IMF) said the world economy is plateauing as the lender cut its growth forecast for […]

October 13th, 2018 | Posted in Business | Read More »

Tesla Chairman Elon Musk Forced To Step Down But Will Remain CEO

Tesla Chairman Elon Musk Forced To Step Down But Will Remain CEO

Investors and corporate governance experts said on Saturday that the securities fraud agreement, announced by the Securities and Exchange Commission (SEC) on Saturday, could strengthen Tesla, which has been bruised by Elon Musk’s recent volatile behaviour. SAN FRANCISCO – Tesla and Elon Musk have agreed to pay $20 million each to financial regulators and the […]

October 6th, 2018 | Posted in Business | Read More »

India, Pakistan Rivalry Costs $35 Billion Worth Of Annual Trade, Says World Bank

India, Pakistan Rivalry Costs $35 Billion Worth Of Annual Trade, Says World Bank

Trade between India and Pakistan, the region’s two largest economies, could jump to $37 billion from $2 billion if New Delhi and Islamabad tore down artificial barriers, last week’s World Bank report found. LONDON – India and Pakistan’s bitter rivalry is costing them $35 billion worth of annual trade, the World Bank said in a […]

October 6th, 2018 | Posted in Business | Read More »

Amazon Ups Minimum Wage To $15 Per Hour

Amazon Ups Minimum Wage To $15 Per Hour

Amazon, which has faced political and economic pressure to raise pay for thousands of employees, is boosting its minimum wage for all US workers to $15 per hour starting next month and said it will push for an increase in the federally mandated minimum wage, which now stands at $7.25 per hour. NEW YORK – […]

October 6th, 2018 | Posted in Business | Read More »

Bollywood Star!

Bollywood Star!

LINK editor and well known filmmaker R. Paul Dhillon extended a big welcome to Vancouver to Bollywood/Pollywood film star Aman Dhaliwal (credits include Sony’s superhit serial Porus and Bollywood epic Jodha-Akbar). Dhillon called Dhaliwal a very good personality with great acting chops on social media. Dhaliwal was supposed to star in Dhillon’s English-Punjabi romantic comedy […]

September 29th, 2018 | Posted in Bollywood, Breaking News, Business, Entertainment, International, Link VIP'S, Movie Reviews, News, Top News | Read More »