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16 July, 2018 4:51 AM 'Domestic inflows will continue to increase in next 3-5 years; expect 12-15% earnings growth in long term'

Sukumar Rajah of Franklin Templeton Investment prefers companies in cyclical sectors, commodities and firms benefiting from the ease of doing business The Nifty has rallied 165 percent in the last decade and 88 percent in the last five years to trade around 11,000 levels. The moot question on everyone's lips is whether the rally will continue 22

12 July, 2018 10:47 AM E-commerce firms eye business opportunity in luxury fashion: Report

Major companies are pushing premium brand offerings on their platforms E-commerce companies are trying to break into the premium and bridge-to luxury segment, according to a report by The Economic Times. Reliance's AJIO has, over the past few months, begun selling premium brands on the platform, such as Steve Madden, DC Shoes, Ed Hardy, Gas, Quiksilver 44

11 July, 2018 4:26 PM Half of Indian firms found wanting on data protection: Survey

As data becomes a sought-after commodity, with some business leaders calling it as the new oil, a survey has found nearly half of Indian companies to be lacking on the critical parameter of data protection. Apart from that, companies also seem to be lacking on proper storage of sensitive data, the survey by digital security firm Gemalto has said. "48 percent 46

11 July, 2018 8:22 AM Muslim Personal Law Board member says bitcoins are against Islamic law

He said, "Bitcoin has no set rules, which is considered as a contract annulment in Islam. That is why it is forbidden" The All India Muslim Personal Law Board (AIMPLB) has asked for the Muslim community to shun bitcoins as they are un-Islamic. As per a report by Deccan Chronicle, AIMPLB senior functionary Maulana Wali Rahmani issued a statement on June 29, saying 46

10 July, 2018 2:55 PM Most Tax Professionals Not Ready For New Taxation Regime: Survey

Over 90 per cent the respondents believed that core competencies of the professionals will move from tax and technical skills to process and technological skills over the next three years. Mumbai: With the tax function evolving at a rapid pace over the last few years, 78 per cent of respondents in a survey believe they are not adequately prepared for the new avatar 43

10 July, 2018 5:44 AM Yahoo Japan Buys Back $200 Crore Worth Of Shares From Softbank Group

Tokyo: Yahoo Japan Corp is buying back around $2 billion worth of its shares from SoftBank Group Corp as part of a three-way deal with its top shareholders, U.S. investment firm Altaba Inc and SoftBank. The deal will see Altaba, which was formerly the internet giant Yahoo! Inc, sell down its stake in Yahoo Japan by around $2 billion and SoftBank raise 44

9 July, 2018 6:56 AM Q1FY19 preview: Elara Capital expects revenue to grow by 15% for capital goods

"The highest revenue growth is expected in Havells India at 30 percent, followed by Thermax (20 percent) and BEML (18 percent), Elara Capital said in report. In the upcoming Q1FY19 earning session, Elara Capital is expecting revenue of the capital goods companies under coverage is likely to grow by 15 percent. The healthy opening orderbook, better execution 44

6 July, 2018 5:05 AM As tariffs loom, China state media slams Donald Trump's 'gang of hoodlums'

China's state media lashed out at US President Donald Trump, accusing the White House of behaving like a "gang of hoodlums" as the world's two biggest economies headed towards outright trade war on Friday. The United States was set to impose tariffs on $34 billion of Chinese imports from 0401 GMT on Friday, as Trump warned it may ultimately target over $500 billion 98

5 July, 2018 7:22 AM China's Hebei vows more heavy industry capacity cuts by 2020

The smog-prone northern Chinese province of Hebei on Thursday said it plans to slash steel capacity by 50 percent in some of its major cities by 2020, and will also shut coal mines, coking plants and cement factories to upgrade its industrial economy. Hebei, a major source of the air pollution drifting over neighbouring Beijing, produces about a quarter 44

5 July, 2018 7:16 AM Kim Dotcom, Megaupload founder, can face United States extradition: New Zealand court

Internet entrepreneur and Megaupload founder Kim Dotcom can be extradited to the United States to face racketeering and criminal copyright charges, New Zealand's Court of Appeal ruled on Thursday. It upheld a lower court ruling in 2017 that the extradition could take place, and set the stage for Dotcom's final appeal to the Supreme Court, the country's 58