Australia: Opposition against the federal government’s scrapping of tax break


The federal government of Australia will roll back the tax break that was extended to small businesses from January 1 onwards. Earlier, the small businesses were allowed a $6,500 instant asset write-off which will now be brought down to $1,000 only. The news has been confirmed by Small Business Minister Bruce Billson’s office to whichContinue reading “Australia: Opposition against the federal government’s scrapping of tax break”

The Economist on “Gold Craze” in India


The Economist summed up the reason behind the gold craze of an Indian individual saying: “At the individual level, then, the gold craze makes sense. But in aggregate it is a disaster for India. Imports of bullion impose a massive strain on its balance of payments—amounting to $54 billion in the year to March 2013.”Continue reading “The Economist on “Gold Craze” in India”

#Microsoft is going to buy #Nokia mobile phone unit for 5.4Bn #Euros #business #globalannal #technology


  Both Microsoft and Nokia’s bosses say it’s a win-win deal for both organizations. Nokia’s Patents and Mapping services have also been licensed to Microsoft. Share prices of Nokia have jumped 45% after the news of the deal broke out. Source: BBC

#Eurozone #Factory #output in august expands beyond estimates #business #globalannal #stockmarkets


  Image Source: BBC

Samsung is soon going to launch wristwatch like Smartphone Galaxy Gear


Samsung Electronics is going to introduce a wristwatch-like mobile device named as the “Galaxy Gear” in the coming month. The device is said to be able to handle phone calls and e-mails and surf the internet, people close to the issue said. The Galaxy Gear is going to be based on the Google’s Android operatingContinue reading “Samsung is soon going to launch wristwatch like Smartphone Galaxy Gear”

Emirates launches super luxury Private Jet service


Emirates has luxury to a whole new level by launching a private jet service to its offerings. The new service is housed in Airbus 319 aircrafts. The Dubai based airline will offer customers the benefit of their private jet experience through its Executive scheme.     The aircraft features a highly configurable cabin that canContinue reading “Emirates launches super luxury Private Jet service”

Government backed Internet Censorship crackdowns rising globally from UK to Vietnam


In Vietnam, a new law has been passed under which it’s illegal if citizens post news or “general information” online. Some of you may be thinking that what’s new in this law, this too shall be one of those government crackdowns on Internet that could hardly be enforceable. However, to your surprise this time insteadContinue reading “Government backed Internet Censorship crackdowns rising globally from UK to Vietnam”

Facebook all set to leave Twitter behind in social media advertising with latest introduction of embeddable posts


With an aim to make Facebook posts the part of more public conversations, the company on Wednesday introduced embeddable posts that will be used by blogs and news organizations to include status updates, videos and photos in stories done by them from now on. The posts can be embedded in the same way as embedsContinue reading “Facebook all set to leave Twitter behind in social media advertising with latest introduction of embeddable posts”

Samsung’s S4 GPU powering chip Exynos 5 Octa benchmark scores may be rigged: Reports


The reigning smartphone manufacturer Samsung has been caught cheating in benchmark tests according to latest report findings. Samsung is boosting the performance benchmark scores of its recent and best system-on-chip, the Exynos 5 Octa, that has made it a favourite of the reviewers and product evaluators. “Oh hell Samsung, shame on you!” was said byContinue reading “Samsung’s S4 GPU powering chip Exynos 5 Octa benchmark scores may be rigged: Reports”

Management Insights: Failure should be used in corporations to fuel innovation


With the increasing competition in Business, innovation has become the key driving force, world over. However, in order to continue to innovate successful products, one needs to tide over failures and stop thinking of it as something to be detested. Baba Shiv, Sanwa Bank, Limited, Professor of Marketing believes in the concept and promotes itContinue reading “Management Insights: Failure should be used in corporations to fuel innovation”