June 22, 2017
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Amazon to buy Whole Foods for $13.7 bn; Walmart, Target, Kroger should be Terrified

E-commerce giant Amazon Inc. on Friday announced that it would buy Whole Foods Market Inc. for $13.7 billion and it is a step forward to embracing brick-and-mortar stores that the giant has recently been experimenting with. The deal will grant Amazon with control over more than 400 stores, integrating the stores with technology. Amazon has previously offered food delivery through …

Infosys President Quits: Setback For CEO

Head of Americas and global head of manufacturing and retail for Infosys, Sandeep Dadlani quit the company and this is a major setback for CEO Vishal Sikka. Thursday night saw the nomination of two executive officers, one of them Nitesh Banga replaced Dadlani as the global head of manufacturing. Since Vishal Sikka took over as CEO of Infosys in 2014, …

15 Idiosyncrasies of A Good Employee

While hiring someone, whether the business is small or large, an employer always looks for some qualities that would help not just the company but also promote a healthy working environment for other employees. An employer not only looks for current traits and qualities but also what could be honed in the future. Experts over at Forbes magazine featured an …

OnePlus 5 design too similar to iPhone 7?

The Chinese giant is all set to release its new flagship model, the OnePlus 5 and as is always the case, there have been rumors and leaks of the design and features prior to its launch. The flagship mobile handset is confirmed to release with a Snapdragon 835 processor which is currently used in the Samsung flagship Galaxy S8 and …

DPDA: The rates should change automatically and there should not be any manual intervention

The President of the Delhi Petroleum Dealers Association, Nishchal Singhaniya, stated that he welcomed the move but there should be no manual intervention in the changing of rates which should happen automatically. The revision of prices of petrol and diesel is set to happen daily across the country from June 16. Singhaniya told ANI that even though the automation has …

Comprehending the Amended 10(38) of the IT Act 1968

A proposal was made to amend Section 10(38) of the Income Tax Act, 1968 to prevent the misuse of the exemption of tax under this section by shell companies creating sham transactions and unaccounted income being routed into aforementioned shell companies to avail long-term capital gains benefits. The amendment states that capital gains exemptions for income arising from the transfer …

Chandigarh Takes A Step Forward Towards Fe-minism

Chandigarh: A Mumbai-based firm Arya Toll Infra recently secured a Rs. 14.78 crore contract with the Chandigarh Municipal Corporation to upgrade the city’s parking lots. The company came up with the idea of the parking lots being managed by the women of Chandigarh. Sandeep Bohra, the project coordinator, adopted this plan for Chandigarh because of the reputation Chandigarh has for …

Spotted: Absconded Businessman Makes Appearance In IND vs PAK ICC Champions Trophy 2017

BIRMINGHAM: The much-anticipated cricket match between India and Pakistan was enjoyed by many and much to everyone’s surprise, Indian businessman Vijay Mallya was seen amongst the stands along with Indian commentator and former batsman Sunil Gavaskar. Mallya owes about Rs 9000 crore to various Indian banks and has been out of Indian jurisdiction since March 2016. However, that did not …

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