Fuel price hike: Petrol prices at record high, breach Rs 91/litre mark in Mumbai

With petroleum still excluded from the GST regime, prices vary according to local taxes. Delhi has cheap fuel rates because of lower taxes Keeping up with its record-breaking climb, petrol prices today breached the Rs 91 mark in Mumbai. A litre of petrol in Mumbai costs Rs 91.08, up from Sunday’s Rs 90.84 a litre. […]

The Chinese Deportation of Google

It all started 20 years ago, back in 1998, when Larry Page and Sergy Brin first launched their search engine Google; they did so with one goal in mind – to provide for the people searching on the internet, with the fastest and the most reliable search engine. Today, with more than 150 domains worldwide, […]

Why Jet Airways couldn’t take off in 2018

Introduction Jet Airways India Ltd. established on April 1 ,1992 was once at the forefront of India’s rapidly growing market for air travel, but a challenge from budget carriers and surging fuel prices are backing the airline into a corner. Shares of the carrier, part-owned by Etihad Airways PJSC, plunged as much as 15 percent […]

Chanda Kochhar: In or Out?

Once lauded for her role in shaping the retail banking sector in the country and establishing ICICI Bank during the 1990s, Chanda Kochhar seems to be caught in a swirl of nepotism and conflict of interest charges in the INR 3,250 crore Videocon Group loan controversy even as the Board has expressed full faith and confidence in […]

The Story of Oneplus

A Chinese smartphone company started in 2013. The Founders of the great revolutionary mobile brand “OnePlus” were Pete lau and Carl pei. The current CEO of OnePlus, Pete Lau was a hardware engineer in oppo electronics and he worked his way to the top and became the director of oppo’s blue raven and headed the […]

The Picture behind the chrome T – Elon Musk’s eventful August.

On the 7th of august, Elon Musk, the pioneer of automotive innovation in this year, took to twitter to share that he had plans of making tesla private at a valuation of 420$/ share. Musk, also vowed to those who have held Tesla shares prior to Dec. 31, 2016, to convert their shares into private […]

The Walmart, Flipkart acquisition in a nutshell.

Walmart, the largest e-commerce giant acquired a controlling stake of 77% in Flipkart ( India’s largest e-commerce company by market share) by investing $16 Billion making the world’s biggest ever e-acquisition. For Walmart, this deal is something that they have been looking for since 20 years as policies and regulation for doing business in India, […]

DOLLAR HITS 70- Does this imply Depreciation of the Rupee, or Appreciation of the Dollar?

The depreciation of rupee has been a highly discussed topic lately, wherein the indian currency hit its lowest rate of rs 70.67/USD against the dollar on Thursday, august 16, 2018. Before we delineate the matter, it is essential to understand the true meaning of depreciation of currency. Currency depreciation is the fall in the value […]