China consortium buys ad-tech venture Media.net for $900 million

NEW DELHI/BENGALURU: A consortium of Chinese investors has acquired ad-tech venture Media.net for about $900 million in a rare reverse merger deal being touted as the largest in the sector and which propels… Continue reading

What’s India Got Over China? Plenty.

By A. Gary Shilling When Narendra Modi, the prime minister of India, speaks to a joint session of the U.S. Congress on June 8, he may find it hard to convince lawmakers of his… Continue reading

China seizes biggest share of global exports in almost 50 years

Chinese exporters have found a silver lining in weak global demand by seizing market share from their competitors – good news for China but an expansion that is aggravating trade tensions. China’s proportion… Continue reading

Akash Prakash: A turn in the economy

Investors have been calling for a turn in the economy for more than 18 months now, more or less within six months of the National Democratic Alliance (NDA) coming to power. Those hopes… Continue reading

A steadying hand

The budget confirmed the fiscal deficit target of 3.9 per cent for the current financial year, and 3.5 per cent for 2016-17. The current account deficit (CAD) remained well-contained at 1.5 per cent… Continue reading

Govt may ask banks for at least $295 million in back-taxes

Authorities are demanding that banks pay taxes on services they claim were rendered to customers who maintained accounts above minimum balances The total amount of tax demands may reach more than Rs100 billion… Continue reading

Somebody’s Wrong on Reliance

Shareholders in Reliance Industries haven’t had it this good for a long time. After years of under-performance, the Indian oil refiner’s stock has zoomed 21 percent since the end of September, versus a 6… Continue reading

A perfect SAT couldn’t get this guy into the Ivy League – but he persevered and now runs a business that makes millions

Patel grew up in Las Vegas and lived in the Sky Ranch Motel for 16 years of his childhood. Shaan Patel, 26, an entrepreneur from Las Vegas, Nevada, has never quite followed the… Continue reading

What is an IP address and what can it reveal about you?

  The nomenclature of the web is vast. But even though words become commonplace, people often don’t know what they really mean. But they should. An IP address, for instance, is a ubiquitous… Continue reading

Japanese smartphone lets you pay for things with your eyes

  While we’re all oohing and aahing over how cool it is to pay for things with our fingerprints and Apple Pay, people in Japan are paying for things with their eyes. As part… Continue reading