The notion of not going for an MBA degree after turning entrepreneur could be damaging


In an article published in the Bloomberg Businessweek, Scott Rostan has mulled over an idea that how not having an MBA degree has kept entrepreneurs of some of the startups like WhatsApp, Tumblr from guiding it towards its prime themselves, while also evaluating the decision of Snapchat’s entrepreneur Evan Spiegel of putting down the $3bnContinue reading “The notion of not going for an MBA degree after turning entrepreneur could be damaging”

Baidu to Pay $1.9 Billion for acquiring major App Store developer


  China’s biggest Internet search engine company Baidu has said on Tuesday that it has reached a preliminary agreement with 91 Wireless, a major developer of app stores in China to acquire them for $1.9 billion. Source: NYtimes

US regains top spot in confidence survey on FDI, beats China


US regain top spot as the top executive’s choice for FDI after a gap of 12 years. The reason behind this win for US is considered to have been its recourse towards sustainable and stable economic development in comparison to China. The United States was on fourth place in the same survey conducted in 2012. TheContinue reading “US regains top spot in confidence survey on FDI, beats China”

US pushes China for stopping trade secret theft


The U.S. Trade Representative’s office has criticized China for not stopping the increasing theft of American trade secrets upon which the U.S economic might relies heavily. The incident is the latest addition in the incidents making Washington frustrated with China. “Not only are repeated thefts occurring inside China, but also outside of China for theContinue reading “US pushes China for stopping trade secret theft”

Imax and Paramount strengthen ties with new Five-Film deal


Imax and Paramount Pictures have strengthened business ties by entering into a pact to release five of the Hollywood studio’s upcoming films. The said movies are going to be including Michael Bay’s Transformers 4 in June 2014 and a co-production of Christopher Nolan’s Interstellar in November of the same year. Another three Paramount Pictures whichContinue reading “Imax and Paramount strengthen ties with new Five-Film deal”

AirAsia’s Indian JV name gets government approval


Malaysian low cost airlines AirAsia has apparently got the government of it joint venture with Tata’s from the Ministry of Corporate Affairs. The joint venture is now going to named as AirAsia (India) Private Ltd. The company got its name registered in the state of Maharashtra after which the Ministry of Corporate Affairs accepted it,Continue reading “AirAsia’s Indian JV name gets government approval”

Office Depot going to acquire Office Max in $1.2Bn deal


Office Depot, office supply retailer, has bought over Office Max at an estimated price of $1.2Bn in an all-stock deal. The acquisition is one of the several large scale acquisitions that took last week. Office Depot has completed this acquisition at a time when it’s fourth quarter results didn’t came out as expected and itContinue reading “Office Depot going to acquire Office Max in $1.2Bn deal”

Google buys Channel Intelligence, takes next step for expanding its e-commerce business


Channel Intelligence, the e-commerce consultation provider, was bought by Google recently for $125Mn in an all cash deal. Channel Intelligence has its presence in over 31 countries across the globe and provides e-commerce marketplace related services to more than 850 companies including “Best Buy” and “Target”. Channel Intelligence was earlier a partner institution working withContinue reading “Google buys Channel Intelligence, takes next step for expanding its e-commerce business”