Alibaba sales growth soars into the cloud

"Alibaba Group had a great quarter," chief executive Daniel Zhang said in a statement on the firm's second quarter, which ended in September.
Read Full Article On
Here‚??s wishing you a happy and prosperous Dhanteras. This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global polit
According to the Amfi data collated by Icra, during the past 19 quarter-end months, AUM has declined on 17 instances.
The committee also approved the conversion price of Rs 2,690 per equity share against the floor price of Rs 2,688.35, the company said in a BSE filing.
Foreign portfolio investors (FPIs) bid for investment limits in government debt securities to the tune of Rs 11,875 crore (USD 1.83 billion) as against Rs 10,502 crore (USD 1.62 billion) on offer, e
The company said the IPO will to support expansion of our microfinance business we are preparing ourselves for an IPO.
The combined company is expected to have 2017 pro forma net revenue ranging from USD 1.75 billion to USD 1.85 billion and pro forma adjusted EBITDA of approximately USD 600 million to USD 650 millio
The 15 promoter entities have violated the provisions of SAST (Substantial Acquisition of Shares and Takeovers) Regulations for the financial years 2011-2012 and 2012-2013, Sebi said in an order.
SOME property developers see the town of Consolacion as the most viable site for housing, commercial, and industrial developments outside the cities of Cebu, Mandaue, and Lapu-Lapu. Although the town
HOMEGROWN coffee chain Boís Coffee will open its 100th outlet in the country next month on Makati Ave. Boís Coffee founder Steve Benitez said the opening of the brandís 100th store will further show t
CHINESE carriers Juneyao Airlines and Okay Airways will fly to Cebu for the first time this month for their slated flights to China. In a statement, GMR Megawide Cebu Airport Corp. (GMCAC) said Juneya
THE Cebu Chamber of Commerce and Industry (CCCI) is ready to make concerted efforts with the business community of Kuala Lumpur, Malaysia to boost trade and tourism between the two cities. CCCI presid
OVERSEAS Filipinosí (OFs) personal remittances continue to rise in August 2017, posting 9.4 percent growth year-on-year to reach $2.8 billion, the Bangko Sentral ng Pilipinas said. This brought person
The third largest private sector lender reported a 35.5 percent rise in net profit backed by lower provisions towards the bad loans, fee income growth and stable loan growth
THE Philippine Stock Exchange index (PSEi) rallied to a new all-time high on Tuesday after US indices closed at record levels and on expectations that Chinaís third quarter GDP will be within target.
LAND Asia Realty Development Corp. sets its expanding leap in a remarkable 25 glorious years with a grand celebration on Oct. 19 and 20. This is the gathering of outstanding individuals, developers,
Its total standalone income rose to Rs 708.64 crore during the July-September quarter of the current fiscal, as against Rs 670.21 crore in the same quarter of 2016-17.
The Memorandum of Understanding (MOU) has been signed days after the state government announced its garments and apparel policy, 2017, the company said in a release here.
The falling market share for this single product category company keeps us concerned and we prefer to wait on the sidelines before we see any definitive signs of improvement.
The government had launched the scheme to curb imports of gold, which has a bearing on current account deficit.
Sales have increased by 10 percent in Delhi Chennai during the Diwali season but sales in other cities have been flat. That is the word coming from Lavanya Nalli- Vice Chairperson of Nalli. In a ra
BANANA industry, one of the major economic drivers of the country, will perish in two to three years if threats will remain unsolved, a banana expert warned. Pilipino Banana Growers and Exporters Asso
THE Subdivision and Housing Developers Association (SHDA) is against the lifting of the value added tax (VAT) exemption to the low-cost housing as it will bring upon burden to the buyers. Currently, e
THE Pilipino Banana Growers and Exporters Association (PBGEA) would request exemption of trucks transporting bananas from the cityís truck ban as it would affect the quality of the goods. In an interv
THE Davao Region Coconut Industry Cluster, Inc. (DRCICI) is determined to bring back coconut productivity in the region through a wider education of the coconut farmers, in response to the decreasing
Here‚??s wishing you a happy and prosperous Dhanteras. This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global polit
Here‚??s wishing you a happy and prosperous Dhanteras. This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global polit
The telecom ministry is likely to place before the Cabinet next month the recommendations of inter-ministerial group (IMG) on easing financial stress in the sector.
Private equity investors sealed deals worth USD 7.22 billion in the third quarter of this year following which deal tally for the January-September period stood at USD 14.82 billion.
News reports suggest projects of about 4500 MW could be awarded over the next four months, which is quite significant given market estimates of mere 1500 MW addition this year.
With Iraqi forces taking back the control of oil-rich city of Kirkuk from Kurdish control there is fear that a new showdown in the region is imminent
The senior-most Indian-origin politician in the UK government described the growth of India‚??s middle-class and consumer base as "unprecedented in modern human history".
Besides, these entities have been directed to refund, within three months, the investors money that the firm had raised through illegal collective investment schemes.
Besides, the directors, who happen to be the firm#39;s promoters, have also been restrained from associating themselves with any listed public company from the date of the order till the expiry of f
In a letter written to the ministry as well as the Delhi International Airport Limited (DIAL), IndiGo has also demanded that DIAL "reconsider and withdraw" its order asking the airlines to shift som

Recent News

Performance of Iranís gold & currency markets on Oct. 17

Read Full Story

Sainsbury's to cut 2,000 jobs in cost-saving drive

The UK supermarket plans to cut jobs in human resources as part of a £500m cost-saving plan.
Read Full Story

Former PM bids to replace former PM as head of the PSD opposition party

Pedro Santana Lopes, the prime minister of Portugal between 2004 and 2005, is to bid for the leadership of the opposition Social Democratic Party (PSD) this weekend. This is the position soon to be v
Read Full Story

Iraq sweeps up more territories from Kurds after taking Kirkuk

Standoff is tense but violence is averted as Iraqi forces move into disputed areas held by rival Kurds              
Read Full Story

Jane Goodall: Stop destroying the planet or 'we may not even be on it anymore'

The iconic scientist who studied chimps in Africa says that without more protection of the environment, 'we may not even be on it anymore.'             &
Read Full Story

Residential school survivors can proactively preserve documents: Bennett

OTTAWA - Crown-Indigenous Relations Minister Carolyn Bennett says there is a proactive effort underway to tell residential school survivors that their records can still be preserved if they so choose.
Read Full Story

Trump's fortune slides by $600 mn on Forbes wealth list

Trump ranks 248th on the billionaires' list this year, dropping 92 spots after coming at 156th last year
Read Full Story

Protesters set up first tents outside Rada in Kyiv

Protesters demanding the abolition of parliamentary immunity, the creation of an anti-corruption court and introduction of amendments to electoral legislation set up tents outside the Verkhovna Rada o
Read Full Story

Bonespiration: A disturbing new social media trend that has psychologists concerned

Reports published in the Journal of Eating Disorders reveal images depicting emaciated looks are regularly shared on social media.
Read Full Story

The territorial time-share that no-one's talking about

AS SPAIN'S north-eastern region of Catalunya seeks to break away from the mother country in the eyes of the world's media, the fact that a chunk of ...
Read Full Story

Record new-build completions paint bright picture of property market

RESIDENTIAL properties under construction in Spain being abandoned at half-mast were a common sight during the worst years of the financial crisis, but more are being finished ...
Read Full Story

U.S. military says Islamic State Ďcapitalí of Raqqa, Syria, is 90 percent freed

WASHINGTON (AP) ó The U.S. military says the Syrian city of Raqqa is about 90 percent cleared of Islamic State fighters. After the U.S.-backed Syrian Democratic Forces announced that Raqqa was fully
Read Full Story