A recent report by world’s leading IT research company Gartner suggests that global semiconductor spending will decline by approximately 2 percent in 2016 but will clock growth rates of 4.4 percent and 6.8 percent in 2017 and 2018 respectively. The forecast has been upwardly revised from its previous estimate of 4.7 percent decline. David Christensen, […]
Marie Curie: Do you know these facts about the scientist?
New York, May 6, 2016: Professor Marie Curie (1867-1934) was awarded the Nobel Prize twice. Her full name was Maria Salomea Sklodowski and she was born in Warsaw, Poland, on Nov. 7, 1867. Marie Curie is easily one of the most prominent scientists of our times and was born Maria to Skłodowska and was the youngest […]
Indian IT Infrastructure Spending to Reach $1.9 Billion in 2016: Gartner
According to the world’s leading IT research and advisory company Gartner, IT infrastructure spending in India is set to hit $1.9 billion this year. The Indian IT infrastructure consists of server, storage, and enterprise networking equipment. The press release states that the Indian IT infrastructure market will register a 1 percent increase from 2015. Naveen […]
Aeropostale – The Famed Teen Retailer Has Filed For Bankruptcy
After accumulating losses for the past several years, Aeropostale has filed for Chapter 11 bankruptcy protection today. Aeropostale, which was once recognized as the leading teen retail brand, has seen interest diminish in its apparels as shoppers flock to other brands such as ZARA and H&M. According to a recent report from Reuters, Aeropostale will […]
Enough coal for thermal power plants: Government
New Delhi, April 29, 2016: At present, there is no shortage of coal in the thermal power plants of the country. None of the Coal based power generation plants across the country have reported any loss of generation due to shortage of coal during 2015-16. This was stated by Piyush Goyal, Minister of State (IC) […]
Facebook community is now 1.65 billion strong
New York, April 28, 2016: Facebook now has 1.65 billion users announced Mark Zuckerberg after he gave quarterly results and gave an update on the community’s progress in connecting the world. In a statement he wrote: Our community now has 1.65 billion people. In the last few months, we launched Reactions, rolled out Live video, built […]
S&P 500 Will See A Massive Move This Year!
S&P 500 index will likely see a rip-your-face-off move this year. This is what the index’ weekly price chart is saying. As can be seen from the chart below, S&P 500 has been trading in a very broad range of 330 points, and is currently at the higher end. Even though the expectations from quarterly […]
Will Indian Stocks Disappoint Next Week?
Indian stocks ended this week on a strong note, posting 3.9% in gains. The benchmark Nifty 50 closed above 7850, helped by a strong global rally and some support lent by positive IIP data. Banks and Auto were the major gains, along with Metals. India’s fundamental situation has also been improving with the sustenance of […]
Pich: Winner Of Santander InnoVentures’ Fintech Venture Day
A startup known as Pich has been declared the winner of the Santander InnoVentures’ Fintech Venture Day, a contest organized by Santander InnoVentures, Accenture, and IE Business School. Santander InnoVentures is a fintech venture capital fund run by Santander, one of the largest banks in the world. The competition, held in Spain, looked for startups […]
IEA Monthly Report Brings Positive News For India And Oil
India could be replacing China as the main engine of global oil demand growth, says the recently released Oil Market Report for the month of April. Yesterday, the IMF had said that India will clock 7.5 percent growth in 2016-2017. In the report, IEA says that India will see the strongest ever demand volume increase […]