Page 2727 - Business Finance

Choose these platforms to make your home search hassle free

Today online real estate platforms are giving the ease of information to property owners and home buyers on their fingertips.These platforms provide you with all the services and details of properties as per preferred locations.Not only they are bringing more awareness to potential buyers, but they are also dealing with their concerns effortlessly.Here is a list of platforms which will ease your home search troubles:RenisoIndia's first end-to-end property management firm, Reniso solves the various complex challenges faced by property-owners in managing their property investments due to lack of proximity, time or expertise. It operates through a unique concept of an annual membership model wherein the customers can avail the services at every step.NoBroker.comA home rental platform that helps you save brokerage by connecting house owners and tenants directly without a broker. Leasing out or finding a flat, apartment, house, home and flat mate without a broker was never so easy but now .

Tesla to remain on course as public company: Elon Musk

Paying heed to his investors' feedback, Tesla Chairman and CEO Elon Musk has decided not to veer the electric carmaker off the road and let it remain a publicly traded company to stay focus on becoming profitable.

Need for reliable connectivity for sustainable smart city

Indian government has chalked out an ambitious USD 7.3 billion smart city mission for implementing smart solutions to improve infrastructure and service delivery across Indian cities.The underlying objective is to make sure that urbanisation is not seen as a challenge, but as an opportunity. When Prime Minister Narendra Modi laid the roadmap for the smart city program, he said that cities in the past were built on riverbanks. They are now built along highways. But in the future, they will be built based on available optical fiber networks and next-generation infrastructure.Bharat Exhibitions organised the 4th edition of National Summit on 100 Smart Cities India 2018 and the theme of this event was 'Roadmap for Innovations, Sustainability, Surveillance and Development for smart Cities'.The main objective of the forum was to explore various aspects of infrastructure that needs to be planned, designed, built and operated in order to provide the 'Smart' attribute to a city development. ...

Automaker Tesla to remain a public company, CEO Musk says

Tesla CEO Elon Musk has said that the company would continue to be publicly traded, weeks after suggesting that he would take the electric carmaker private. Musk met with Tesla's board of directors on Thursday "and let them know that I believe the better path is for Tesla to remain public. The Board indicated that they agree," he wrote on the company blog. Musk surprised markets on August 7 by announcing on Twitter he wanted to take Tesla private at USD 420 a share. But shares fell more than 20 per cent since the announcement. After the announcement the controversial entrepreneur came under extensive scrutiny over his Twitter statements related to the proposal, especially a claim that Tesla had "secured" funding for the move. However, Musk said yesterday that based on talks with current shareholders, as well as an assessment by financial advisers Silver Lake, Goldman Sachs and Morgan Stanley, "it's apparent that most of Tesla's existing shareholders believe we are better off as a ...

TN govt lays foundation stone for SIR in Krishnagiri dist

The Tamil Nadu government today laid the foundation stone for developing a Special Investment Region (SIR) in Krishnagiri district, as part of its efforts to boost economic growth in northern parts of the state. Chief Minister K Palaniswami laid the foundation stone through video conferencing from here and the SIR would be developed jointly by GMR Infrastructures Ltd and Tamil Nadu Industrial Development Corporation Ltd (TIDCO), an official release here said. The GMR Krishnagiri SIR will come up on 2,100 acres in Denkanikottai and Shoolagiri taluks in that district, it said. The SIR was part of the government's steps to boost economic growth of the northern districts and it will have "world-class" roads, drainage systems, water and sewage treatment plants, power and internet supply to attract investments, it added. "The plan estimate of the SIR is about Rs 2,420 crore. Its completion in 7-8 years will pave the way for attracting investments to the tune of Rs 5,000 crore

Tesla will remain public company: Elon Musk

Electric carmaker Tesla will remain a publicly traded company, CEO Elon Musk said, barely weeks after he floated the idea of going private.

Tesla will remain public: Elon Musk

After due consideration, Tesla CEO Elon Musk has finally arrived at his decision of keeping the company public. Earlier this month, the founder had posted a tweet about considering to take Tesla private at $420.However, in his blog aptly titles 'Staying Public', Musk revealed that after consulting his current investors and shareholders in the company, it has been decided to keep Tesla public.Musk wrote that while a majority of shareholders said they would remain with Tesla even if it went private, the sentiment in a nutshell was 'please don't do this'. Going private would have been more time-consuming and distracting than anticipated.Tesla will continue to focus on building products such as the Model 3 which Musk intends to ramp up and make profitable. And in order to achieve this, the company needs to be financially sustainable which is also the reason why the decision to keep Tesla public has been made.

POCO by Xiaomi: Premium specifications, poor pricing (Tech Analysis)

With its new aspirational premium sub-brand POCO, Chinese smartphone maker Xiaomi seeks to disrupt the Indian market by redefining the premium segment.

Edible oils extend weakness on low demand, adequate stocks

Select edible oil prices drifted further down at the wholesale oil and oilseeds market this week owing to slackened demand from vanaspati millers against ample stocks position on increased supplies. However, pamolein oil ended higher on scattered retailers demand. On the other hand, castor oil in the non-edible section went up on the back of pick up in demand from consuming industries. Traders said besides easing demand from vanaspati mills and adequate stocks position on increased arrivals from producing regions mainly kept select edible oil prices down. Market remained closed on Wednesday on account of "Bakri Id". In the national capital, groundnut mill delivery (Gujarat) oil dropped by Rs 400 to Rs 9,200 per quintal. Groundnut solvent refined followed suit and eased by Rs 50 to Rs 1,750-1,850 per tin. Mustard expeller (Dadri) oil also shed Rs 50 to Rs 8,250 per quintal. Soyabean refined mill delivery (Indore) and soyabean degum (Kandla) oils too finished lower by Rs 50 each to Rs ..

Indian-origin executive settles charges with SEC, another charged for making false claims

An Indian-origin executive has settled charges with the US Securities and Exchange Commission for overstating the company's subscriber base, while another Indian-origin person was charged for making similar misrepresentations. Hari Ravichandran, 42 former chief executive of web hosting company Endurance International Group Holdings and former chief financial officer Waruna Ellawala knowingly provided inflated subscriber figures for the Massachusetts-based online marketing company, the Securities and Exchange Commission (SEC) said. Ravichandran, a resident of Boston, had founded Endurance in 1997 and served as the company's Chief Executive Officer and as a member of the Board of Directors. The SEC also filed a complaint in US District Court in Massachusetts alleging that former Constant Contact CFO Harpreet Grewal, 51, hid its slowing customer growth from investors and inflated its publicly reported subscriber numbers. Constant Contact became a subsidiary of Endurance after it was ...

Tesla to remain public after board meets with Musk

SAN FRANCISCO (Reuters) - The board of Tesla Inc said on Friday the company would remain public, following a tumultuous two weeks for the carmaker after its chief executive announced he was considering a deal to go private.

Jack Dorsey to testify before U.S. Congress on Sept 5

Twitter CEO Jack Dorsey has agreed to testify on the company's algorithms and content monitoring before the House Committee on Energy and Commerce on September 5."CONFIRMED: Twitter CEO @jack Dorsey will testify September 5 before E&C on the company's algorithms and content monitoring," Energy and Commerce said in a tweet.Committee Chairman Greg Walden called Twitter "an incredibly powerful platform that can change the national conversation in the time it takes a tweet to go viral.""When decisions about data and content are made using opaque processes, the American people are right to raise concerns," he said in a statement."This committee intends to ask tough questions about how Twitter monitors and polices content, and we look forward to Mr. Dorsey being forthright and transparent regarding the complex processes behind the company's algorithms and content judgement calls," he added.CONFIRMED: Twitter CEO @jack Dorsey will testify September 5 before E&C on the company's ...

Railways denies hiring third-party sources for recruitment

The Indian Railways clarified that it has not nominated any agent, coaching centers, intermediary or any other persons/institutes for recruitment of personnel, and said that any persons/institutes found to be giving false promises must be reported immediately."Recruitment for all of these posts is being conducted in most fair and transparent manner as per rules. The recruitment is based on Computer Based Tests (CBTs). These tests are being taken in a secure environment in selected centers spread all over India. The centers have features like CCTV, secured internet connection. There is no way of getting selected by any illegal means," an official release said.Railways have time and again warned the candidates not to fall prey to fraudulent promises by any imposter, tout or broker through notices in national and regional newspapers.The Indian Railways is conducting recruitment for various posts. This includes about 64 thousand posts of Assistant Loco Pilots and various categories of ...

Fed's Bullard warns of recession risk in raising rates

JACKSON HOLE, Wyo. (Reuters) - St. Louis Federal Reserve Bank President James Bullard on Friday raised new alarm bells over the U.S. central bank's plan to keep raising interest rates, warning that even one more rate hike could set the stage for recession.

Mexico far from goal on Alibaba e-commerce deal: official

MEXICO CITY (Reuters) - Mexico's deal with China's biggest e-commerce company, Alibaba, to increase online business for exports like avocados and tequila needs the participation of dozens more companies to make it successful, an official at Mexican trade group Promexico said in an interview.

Comcast to continue offering Fox's Big Ten Network

(Reuters) - Comcast Corp will continue to offer 21st Century Fox Inc's Big Ten Network, including all games on Fox's sports channel FS1, the companies said on Friday.

US Fed to continue gradual rate hikes to manage potential risks

US Federal Reserve Chair Jerome Powell has reiterated that the central bank will stick to the strategy of gradual rate hikes to manage potential risks and support domestic economic recovery.

Oil rises as China demand resumes, signs that Iran supply curbed

NEW YORK (Reuters) - Oil prices gained more than 1 percent on Friday, ending a run of weekly declines on signs that Iran sanctions may limit global supply and that a trade war may not curb China's appetite for U.S. crude.

Mexico government seeking companies for Alibaba e-commerce deal

MEXICO CITY (Reuters) - Nearly a year after Mexico's government began recruiting local exporters to sell avocados, tequila and other goods wholesale with Alibaba, China's biggest e-commerce site, the trade body responsible still needs to sign up dozens more to meet its goal.

S&P 500 reaches new high to clinch record bull run

NEW YORK (Reuters) - The benchmark S&P 500 stock index clinched its longest bull-market run on Friday, closing above its previous January high, as Federal Reserve Chairman Jerome Powell affirmed the U.S. central bank's current pace of rate hikes.