Next boss Lord Wolfson has missed out on his annual bonus for the first time in 18 years amid tough times on the British high street. Wolfson’s total pay package dived by 58% to £1.8m in the year to 28 January, according to the fashion and homewares retailer’s annual report published on Tuesday, after a key earnings per share target Read More

UK inflation held steady last month, as rising prices for food and clothing were offset by lower air fares. The Office for National Statistics (ONS) said inflation as measured by the Consumer Prices Index remained at 2.3%. The main downward effect on inflation last month came from air fares, which was due to the timing of Easter. However, the ONS Read More

BNP Paribas Asset Management India Pvt. Ltd’s track record, post Anand Shah’s joining the fund house in 2011 has been good. But, the calendar year of 2016 exposed chinks in stock picking strategy. Shah, as the fund house’s chief investment officer (now he is also the deputy chief executive officer and oversees the fund management as well as sales), has Read More

New Delhi: India and Malaysia are expected to sign around 15 business-to-business pacts on Monday aiming to deepen commercial linkages between Asia’s third-largest economy and its third-largest trading partner in the fast growing ASEAN or Association of Southeast Asian Nations economic grouping. The pacts are to be signed in the presence of visiting Malaysian prime minister Najib Razak in New Read More

The Republican head of the Federal Communications Commission on Thursday proposed easing regulatory requirements in the $45 billion business data services market, a win for companies like AT&T Inc, CenturyLink Inc, Verizon Communications Inc and others. The proposal is a blow to companies like Sprint Corp and others that claim prices for business data are too high and backed a Read More

New Delhi: Gitanjali Gems’ arm Nakshatra World Ltd has filed draft papers with capital markets regulator Sebi to float an initial public offering. The IPO comprises 1.8 crore equity shares of Nakshatra World, which offers jewellery under the brands Nakshatra, Gili, Asmi, Sangini, Diya, Parineeta and Rivaaz, according to the draft red herring prospectus (DRHP). While the exact size of Read More

New Delhi: Lava’s sub-brand Xolo is scheduled to launch its smartphone Xolo Era 2X on January 5. It will go on sale from January 9, 2017. Here are the expected features: 1)The press invite talks uses hashtag #TaptoLife. Nothing more than this is mentioned in the press release. There is a major possibility that Tap option to Unlock functionality may Read More

Tablets are a forgotten breed of gadgets ever since the smartphone have taken over with full force. Almost every task can be executed on the phone, even if it was meant to be done on a bigger screen and we shouldn’t care as long as it is done in a fast and handy manner — we always have our smartphones, Read More

New Delhi: Lenovo P2 goes on sale from Thursday. The smartphone is available exclusively on e-commerce site Flipkart. SPECIFICATIONS: DISPLAY: 5.5-inch full-HD (1080×1920 pixels) Super AMOLED display with 2.5D Gorilla Glass and PPI of 401 pixels per inch PROCESSOR: 2GHz octa-core Qualcomm Snapdragon 625 processor OPERATING SYSTEM: Android 6.0 Marshmallow RAM: 3GB and 4GB MEMORY: 32GB internal storage, expandable up to 128GB CAMERA: 13MP rear camera Read More

New Delhi: Mobile wallet companies want to make the hay while the proverbial Sun of demonetisation shines. They need to ensure that in order to make the hay, they need to win the trust of consumers by providing effective, completely secure, private and reliable services, 3-D or OTP (one time password) security options. Assocham in association with market research firm RNCOS Read More