Alibaba sales growth soars into the cloud

by www.moneycontrol.com
"Alibaba Group had a great quarter," chief executive Daniel Zhang said in a statement on the firm's second quarter, which ended in September.
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The draft policy has also revealed that even if efforts were stepped up to enhance domestic energy supply, coupled with heroic effort to reduce energy demand.
Over the past six months, the company hired over 1,600 employees by attracting and nurturing local talent to drive innovation and help transform clientsâ?? businesses into digital enterprises.
The Moneycontrol app, which has over 5 million downloads on Google Play Store, helps users track the latest updates on Indian and global financial markets.
The draft said India#39;s multiple diplomatic engagements with nuclear fuel supplier nations are also expected to yield many positive results.
The government currently holds 80 per cent stake in RCF and will offload 5 per cent through the Offer for Sale (OFS) route.
She also termed the GST roll-out as an "epic blunder" by the Centre in what she described as a "super emergency-like situation."
The committee will also study and suggest ways to treat the unsustainable debt of Air India; hiving off certain assets to a shell company and demerger and strategic divestment of the airlineâ??s pro
Executive Director of UCO Bank Charan Singh said part of this Rs 3000 crore would be raised from the Life Insurance Corporation of India (LIC), adding that other fund raising options like follow-on
"Hindustan Petroleum is in the dollar-bond market with a benchmark issue. The refiner is likely to raise USD 500 million dollar money," i-banking sources told PTI.
The government is engaging with Danish firm AP Moller-Maersk to ensure that normalcy is restored at the earliest at the JNPT port that was hit by the #39;Petya#39; ransomware attack.
After Narayanan#39;s appointment, Marico#39;s board now has six independent directors besides chairman and non-executive director Harsh Mariwala, MD CEO Saugata Gupta and two non-executive director
However, the move may have come a little too late as hours later the Union Cabinet gave its in-principle approval for the disinvestment of Air India.
A framework for a no-fly list for unruly passengers is in the last stages of being finalised and a top official had said that the rules would be made public in the first week of July.
The five APAs signed during the month pertain to sectors like healthcare, information technology and gaming/animation (media).
Not ruling out a few initial glitches when more than a dozen state and central taxes are abolished and barriers between 29 states done away with, Jaitley said the system is fully geared up and will
The board of directors of the bank today approved and allotted 35,000 unsecured subordinated perpetual additional tier-I Basel III compliant non-convertible debentures private placement basis.
Jio network is "future ready" and can be upgraded as technologies advance to 5G, 6G and beyond, the company#39;s report said.
The government today said it is facilitating Rs 5,540 crore expansion plan to make the PSU a leading aluminium producer.
<p>LUBAO -- To stamp the friendship between Taiwan and Pampanga, Taiwan Representative Gary Song Huann Lin and 18 Taiwanese investors vowed to bring more investments in Pampanga in terms of agri
With the central and state utilities expected to invite bids for coal mining soon, domestic mine developer and operators will have a big growth opportunities, said India Ratings.
The CBI has taken over the probe into Rs 500 crore cash-for-click scam allegedly run by Ghaziabad-based Webwork Trade Links which duped lakhs of investors.
<p>ATFER years of promises that only got Mindanao long hours of power interruptions, the Wholesale Electricity Spot Market (WESM) in Mindanao was finally launched and seen as the start of a comp
The National Solar Energy Federation of India has claimed that the power produced from these solar projects is being sold at concessional rates.
"The overall subsidy requirement is further estimated to constitute around 17-18 percent of the revenue requirement approved/estimated for the utilities for FY#39;2018," ICRA said in a statement.
Dominated by narrow-body planes, the order book would be the third largest for any country after the US and China.
This report has already been presented to the Insurance Regulatory and Development Authority of India (IRDAI) for review.
The national carrier, which has a debt burden of more than Rs 52,000 crore, is staying afloat on taxpayers#39; money.
The total length of the NH 2 to be developed is 145 km and it is part of the Golden Quadrilateral between Delhi and Kolkata.
With an AUM of over Rs 1,57,860 crore (excluding domestic fund of funds) as on March 2017, SBI MF was also the first bank-sponsored MF to have been registered with Sebi.
The initial public offer of AU Small Finance Bank was subscribed 18 percent on the first day of the three-day bidding on Wednesday.
<p>ENRISON Holdings Inc., the company behind the 160-room Be Resort Mactan, is spending close to P100 million to facilitate the resort’s major renovation program which started late last year.<
<p>SOME 102 out of 106 mergers and acquisitions with total transactional value of roughly P1.7 trillion have been reviewed, said a key official of the Philippine Competition Commission (PCC).<
<p>As part of its commitment to care for the environment, Therma South Inc., a subsidiary of AboitizPower, planted over a thousand trees on Wednesday, June 28, at the 300 megawatt (MW) Davao bas
<p>THE Department of Science and Technology (DOST)-Davao through its Food Processing Innovation Center (FPIC) target to develop 25 more product prototypes this year.</p> <p>This is o

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