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Amazon plans to close Chinese marketplace business, focus more on India

Amazon plans to close Chinese marketplace business, focus more on India

Singapore/Seattle: In a rare retreat for Amazon.com Inc., the e-commerce giant plans to shut down its Chinese marketplace business in July as it shifts its focus to offering mainland consumers overseas products rather than goods from local sellers. Amazon will keep running its other businesses in China, including Amazon Web Services, Kindle e-books, and cross-border operations [...]

April 21, 2019 Loknath Das Business Comments Off on Amazon plans to close Chinese marketplace business, focus more on India

PEs bet on Hyderabad office real estate

PEs bet on Hyderabad office real estate

BENGALURU: Hyderabad is attracting large institutional investors like Blackstone, Xanderand Ascendas India Trust as they look to tap the growing commercial market in the region. The city saw a sudden burst in investments in 2018, attracting more than $1.1 billion of private equity, a more than three-fold increase in investments compared to the collective previous threeyear period, according to ANAROCK Property Consultants. This growth spurt [...]

April 12, 2019 Loknath Das Real Estate Comments Off on PEs bet on Hyderabad office real estate

Top performing advice firms have a distinctive focus on technology

Top performing advice firms have a distinctive focus on technology

It’s traditionally thought that smaller advisory firms are able to embrace new technology quicker than larger firms. With fewer advisers to train or accounts to migrate, the small boat can turn quicker than the large ship. But large firms appear to have finally turned the corner with technology, and it may be boosting their bottom [...]

March 23, 2019 Loknath Das Technology Comments Off on Top performing advice firms have a distinctive focus on technology

Sun Pharma Q3 preview: Analysts expect healthy growth in profit, revenue on US business

Sun Pharma Q3 preview: Analysts expect healthy growth in profit, revenue on US business

. Sun Pharmaceutical Industries is expected to report a healthy set of earnings for October-December quarter, driven by strong US business and Halol resolution. One thing to note is numbers will be on low base for the quarter. “The key drivers for the business in terms of ANDA pipeline, differentiated portfolio and regulatory compliance for the US [...]

February 12, 2019 Loknath Das Business Comments Off on Sun Pharma Q3 preview: Analysts expect healthy growth in profit, revenue on US business

Gold hits 6-month peak on stock sell-off, decelerating economy

Gold hits 6-month peak on stock sell-off, decelerating economy

Gold options activity explodes   11:17 AM ET Mon, 24 Dec 2018 | 07:01 Gold scaled a six-month peak on Monday as sliding stock markets and concerns about a global economic slowdown sapped risk sentiment, driving investors to seek safety in the precious metal. Spot gold gained 1 percent to $1,268.38 per ounce at 1:40 p.m. [...]

December 26, 2018 Loknath Das Business Comments Off on Gold hits 6-month peak on stock sell-off, decelerating economy

Indian woman slams US pub for Hindu gods on toilet walls. This is the response she got

Indian woman slams US pub for Hindu gods on toilet walls. This is the response she got

ime and again we have seen Hindu gods appearing in the most unimaginable of places. In the West, there have been incidents of Ganesha appearing on toilet seats and the face of Ram on shoes. But what Indian-American Ohio girl Ankita Mishra witnessed a few weeks ago at a pub in New York probably beats [...]

December 18, 2018 Loknath Das Home Deco Comments Off on Indian woman slams US pub for Hindu gods on toilet walls. This is the response she got

Amazon warehouse workers in Europe protest on Black Friday, calling working conditions ‘inhuman’

Amazon warehouse workers in Europe protest on Black Friday, calling working conditions ‘inhuman’

  On the biggest shopping day of the year, U.K.-based trade union GMB is organizing a protest against Amazon for what it calls “inhuman” conditions for warehouse workers. Amazon has been under a microscope recently as it gets ready to bring 25,000 jobs to each of two new “headquarters” locations in New York and Arlington, [...]

November 24, 2018 Loknath Das Business Comments Off on Amazon warehouse workers in Europe protest on Black Friday, calling working conditions ‘inhuman’

Tech is getting wrecked — three experts weigh in on whether the turmoil will continue

Tech is getting wrecked — three experts weigh in on whether the turmoil will continue

Technology is the second-worst-performing sector in the S&P 500 in the last week, with names such as Applied Materials, Nvidia, Adobeand PayPal among the group’s biggest losers in that time. Here’s what three market watchers said about tech stocks’ next move: Timothy Lesko, principal and partner at Granite Investment Advisors, said the recent downside isn’t all due to rising interest [...]

October 10, 2018 Loknath Das Business, Real Estate Comments Off on Tech is getting wrecked — three experts weigh in on whether the turmoil will continue

A new study on the side effects of wind energy is almost begging to be misused by climate change deniers

A new study on the side effects of wind energy is almost begging to be misused by climate change deniers

Using wind power to generate the electricity the US needs could cause a surprising amount of local warming, according to a new study. But wind power would still help the world stop pumping carbon dioxide into the atmosphere, which would fight climate change and global warming. There’s concern that fossil fuel interests might misuse this idea to argue [...]

October 5, 2018 Loknath Das Business Comments Off on A new study on the side effects of wind energy is almost begging to be misused by climate change deniers

SC ban on construction activity could hit real estate project timelines, lead to litigations

SC ban on construction activity could hit real estate project timelines, lead to litigations

If the stay on construction activities imposed by the Supreme Court in certain states gets extended, it could lead to real estate project delays and litigations, say realty experts. The SC imposed a stay on construction in Maharashtra, Madhya Pradesh, Uttarakhand, and Chandigarh for not framing any policy on solid waste management. According to CARE [...]

September 10, 2018 Loknath Das Real Estate Comments Off on SC ban on construction activity could hit real estate project timelines, lead to litigations

Children, Teens Should Not Be On A Paleo Or Gluten-Free Diet

Children, Teens Should Not Be On A Paleo Or Gluten-Free Diet

The low-carb paleo diet has been one of the most searched diets online in recent years. Many of the leading paleo programs actively market to teens, and a few years back, a celebrity chef in Australia even co-wrote a paleo cookbook for babies and kids. Public health officials there warned that the paleo diet, which [...]

August 28, 2018 Loknath Das Health Comments Off on Children, Teens Should Not Be On A Paleo Or Gluten-Free Diet

Men check things repeatedly, women hoard, finds study on OCD

Men check things repeatedly, women hoard, finds study on OCD

Men are likely to repeatedly check if a door is closed or not; women are likely to hoard things: Empty jars or things they don’t necessarily need. Obsessive compulsive disorder (OCD), a very common mental ailment, can affect men and women differently, a study conducted across north India has revealed. Characterised by repetitive behaviour such [...]

August 20, 2018 Loknath Das Health Comments Off on Men check things repeatedly, women hoard, finds study on OCD