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These little-known realty shares gave sky-high returns in last two years

Jul 03, 2015 at 09:30 | Source: FirstPost

Real estate shares were every investors' darling before the 2008 global financial crisis. After the outbreak of crisis, mounting losses, ballooning debt levels, higher inventory due to sluggish demand and unwarranted venturing into non-core businesse...

Senior Islamic State leader killed in US drone strike

Jul 03, 2015 at 09:16 | Source: FirstPost

Washington: A coalition airstrike in Syria has killed a senior Islamic State leader, who has been responsible for moving fighters and weapons from Libya to Syria, the Pentagon has said.A senior US official said yesterday that Tariq bin Tahar al-'Awni...

Boom time again: Expats make a beeline to India as economy reviving, start-ups buzzing

Jul 03, 2015 at 07:28 | Source: FirstPost

Expat hiring has been on the rise in India for over six months now. The trend has been therefor some time but gathered momentum recently as technology is changing rapidly. In an increasingly globalised world, skills and competencies can never be avai...

Boom time again: Expats make a beeline for India as economy reviving, start-ups buzzing

Jul 03, 2015 at 07:28 | Source: FirstPost

Expat hiring has been on the rise in India for over six months now. The trend has been therefor some time but gathered momentum recently as technology is changing rapidly. In an increasingly globalised world, skills and competencies can never be avai...

Dollar dips after disappointing U.S. jobs data| Reuters

Jul 03, 2015 at 07:15 | Source: FirstPost

TOKYO The dollar slipped in early Asian trading on Friday, as disappointing U.S. employment data and caution ahead of Greece's referendum on bailout conditions kept the market mood subdued.Against its Japanese counterpart, the dollar was buying 122.8...

Asia shares subdued as US data disappoints, fret over Greece, China| Reuters

Jul 03, 2015 at 06:45 | Source: FirstPost

TOKYO Asian stocks were little changed on Friday, with investors reluctant to stake out fresh positions after disappointing U.S. employment data and cautious ahead of Greece's weekend referendum which may decide its future in Europe.China's increasin...

Egyptian army kills 35 militants in North Sinai - sources| Reuters

Jul 03, 2015 at 06:30 | Source: FirstPost

ISMAILIA, Egypt Egypts military killed 35 Islamist militants in North Sinai on Thursday, security sources said, a day after the deadliest clashes in the region in years.The sources said those killed had taken part in Wednesday's fighting in which the...

Afghanistan targets US defence contractors in row over back taxes| Reuters

Jul 03, 2015 at 04:30 | Source: FirstPost

KABUL Afghanistan is threatening to crack down on U.S. defence contractors it says owe hundreds of millions of dollars in back taxes, including by freezing their bank accounts and refusing to renew yearly business licences when they expire.The United...

Asia stocks rise for third day though Greece, China concerns weigh| Reuters

Jul 03, 2015 at 02:30 | Source: FirstPost

HONG KONG Asian stocks rose for a third consecutive day on Thursday though widening cracks in Chinese stocks and Greece's standoff with its creditors capped gains while the dollar was bolstered by upbeat U.S. economic data. Stocks in Shanghai slip...

African leaders must respect constitutions or face turmoil - Hollande| Reuters

Jul 02, 2015 at 23:31 | Source: FirstPost

COTONOU French President Francois Hollande urged African leaders on Thursday to respect their constitutional term limits amid concerns that some are prepared to risk political instability in order to cling to power.Hollande was speaking a day after a...

Ex-Goldman director, Rajat Gupta, fails to void insider trading conviction| Reuters

Jul 02, 2015 at 23:30 | Source: FirstPost

NEW YORK Former Goldman Sachs Group Inc director Rajat Gupta failed to persuade a U.S. judge to overturn his insider trading conviction for passing tips about the bank's financial results and a crucial investment from Warren Buffett's Berkshire Hatha...

Economy picking up, need more reforms for strong growth, says Rajan

Jul 02, 2015 at 22:58 | Source: FirstPost

Chennai: Confident of economic recovery, RBI Governor Raghuram Rajan today said capital investments are picking up but a stronger growth would require more reforms and clearing bottlenecks for stalled projects.Rajan, known for critical analysis of ma...

India saved $2 bn by reforming fuel subsidiary delivery, says Pradhan

Jul 02, 2015 at 22:45 | Source: FirstPost

Washington: India has saved $2 billion in the last one year by taking steps to reform fuel subsidiary delivery, Union Petroleum Minister Dharmendra Pradhan said today, insisting that the government is working to cut the leakages and not the subsidy.&...

PayPal to buy Xoom for $890 mn in cash to expand portfolio

Jul 02, 2015 at 19:36 | Source: FirstPost

Washington: Online payment firm PayPal will acquire digital money transfer services provider Xoom for about $890 million in an all cash deal as it eyes to enter the burgeoning global money remittances market.Both the firms have signed "a definit...

Pro-Kabaddi League: Bengaluru owner facing visa problems for foreign players

Jul 02, 2015 at 19:17 | Source: FirstPost

Bengaluru: City franchise, Bengaluru Bulls owner Uday Sinh Wala today said that foreign players are facing problems in acquiring visa for their participation in the Pro-Kabaddi League (PKL).However, Wala hoped that the external affairs ministry would...

Capgemini completes acquisition of IGATE

Jul 02, 2015 at 15:44 | Source: FirstPost

Capgemini has completed the acquisition of IGATE Corporation. Pursuant to the terms of the merger agreement, announced on April 27, 2015, IGATE became the indirect wholly owned subsidiary of Capgemini.As a result of the acquisition, IGATE shares will...

Love Monopoly? Now a film is being made on the game

Jul 02, 2015 at 15:25 | Source: FirstPost

Los Angeles: Production house Lionsgate willfinance the movie and co-produce a movie based on board gameMonopoly.It is teaming up with Hasbro's Allspark Pictures for thefilm, whose screenplay will come from Andrew Niccol ('TheTruman Show', 'The Termi...

The Big Data Paradox

Jul 02, 2015 at 13:59 | Source: FirstPost

By Vivek TyagiBig Data will have a profound impact on scientific research, manufacturing and a wide spectrum of activities that impact our daily lives. But only if we can keep up with it.Call it the Big Data Paradox.New software technologies like Had...

Global IT giants Microsoft, Oracle hail Digital India

Jul 02, 2015 at 12:58 | Source: FirstPost

On Wednesday, Prime Minister Narendra Modi inaugurated the launch of 'Digital India' project at the IGI Stadium, New Delhi. The first day of the Digital India Week saw who's who of India Inc. pledging investments worth Rs 4.5 lakh crore; and about 18...

Three fliers deboarded for MoS Kiren Rijiju to cockpit fights: Check out the mad, mad world of Air India

Jul 02, 2015 at 10:43 | Source: FirstPost

The series of controversies surrounding Air India never seem to die. The latest in line of fire is Union Minister Kiren Rijiju who delayed an Air India flight from Leh to Delhi for about an hour and three passengers, including a child had to be offlo...

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