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  • Porsche's Mueller takes reins at Volkswagen: Here's how lar

    Days after admitting that the world's top-selling carmaker had rigged diesel emissions to pass US tests during his tenure, longtime CEO of Volkswagen, Martin Winterkorn stepped down on Wednesday. Winterkorn, VW's boss since 2007, had come under intense pressure since the Environmental Protection Agency's (EPA) di[...]

  • From 'digital dinner' to FB townhall: Why PM Modi's Silicon

    Prime minister Narendra Modi has managed to get an impressive line-up of CEO meetings during his visit to the Silicon Valley later this month. With over 40,000 people already registered to attend Modi's speech, the event has now become a keenly awaited one in India.For the uninitiated, the prime minister is visitin[...]

  • Small banks mark the biggest banking revolution in India si

    Microfinance Institutions (MFIs) dominated the second set of differentiated and small finance banks announced by Reserve Bank of India (RBI) on Wednesday. Eight of the ten companies that received the in-principle nod from the central bank are MFIs.Of the other two that received approvals, one is a Rajasthan-based non[...]

  • Gold bonds are a clear winner but high chances of deposit s

    The gold bond scheme finalised by the government on Wednesday is a clear winner since the idea of issuing gold bonds can absorb a major part of the gold investment demand in the country.Presently, an estimated 300 tonnes of physical bars and coins are purchased every year for investment-purpose in India. Most of this[...]

  • Politics
  • Modi’s tears only drama? Why is it so tough to believe a st

    There was nothing unusual in the way Prime Minister Narendra Modi broke down at the Facebook Town Hall in San Jose. After all, this is not the first time that the country’s strongest political leader bared his emotional side to an audience that came to appraise him. What was unusual this time was the fact that h[...]

  • When it comes to Modi vs Sharif, we have our backs to the w

    Islamabad: Indian Prime Minister Narendra Modi is an astute politician with the ability to outsmart rivals and he is aiming for the "political and military dominance of India", said a Pakistani daily that noted he was “received like a star” in the US. An editorial in The Nation on Monday said that everyone loves[...]

  • AAP MLA Somnath Bharti faces arrest after Delhi High Court

    NEW DELHI: The Delhi High Court has rejected the bail application of AAP MLA Somnath Bharti in the domestic violence case filed against him by his wife Lipika. The former Delhi law minister had moved High Court after a city court had cancelled his bail plea earlier and issued an arrest warrant against him.&[...]

  • Why the Congress petition to suspend PM Modi's Mann Ki Baat

    The Congress wants Prime Minister Narendra Modi to stop airing his Mann Ki Baat address, until the Bihar Assembly election concludes on 8 November. In fact, the party wishes to flag this as a serious issue of violation of the model code of conduct, and is petitioning the Election Commission to issue necessary direc[...]

  • Technology
  • India and Pakistan seem to be at war; this time in cyberspa

    #Cyber-war      India and Pakistan have long been k[...]

  • Government exempts WhatsApp, social media from purview of e

    NEW DELHI: Shortly after a controversy erupted over government's proposal to investigate on every message that an individual will send via WhatsApp, SMS, or Google Hangouts, the Department of Electronics and Information Technology clarified in a draft that social media websites and applications will be exempted[...]

  • Indian IT companies among world's worst paymasters

    NEW DELHI: Indian IT companies are among the 10 worst paymasters in the world, says a survey -- a mid-level IT manager draws an average salary of $41,213 while his Swiss counterpart gets over four times more.According to recruitment platform MyHiringClub.com's Worldwide IT Salary 2015 survey, India was ranked 7[...]

  • Bengaluru first Indian city to get Uber car-pool service

    BENGALURU: Taxi-hailing app Uber will be rolling out UberPool in Bengaluru in the coming weeks, making it the first city in India chosen for its car-pooling pilot. With UberPool, riders can share a ride and split the cost with another person who happens to be requesting a ride along a similar route. Uber will n[...]

  • Entertainment
  • Ranbir Kapoor's special working birthday on the sets of 'Ae

    The baby-faced, towel-dropping Saawariya debutant turns 33 today. And in the 8 years since Ranbir Kapoor's debut film, he has been a part of many films. However, the birthday boy recently started shooting for Karan Johar's Ae Dil Hai Mushkil in London, and had a working birthday this year. However, tha[...]

  • FIR registered against Farhan Akhtar, Ranbir Kapoor

    Ranbir Kapoor An FIR has been registered against Bollywood actor-director Farhan Akhtar and actor Ranbir Kapoor for criminal breach of trust and forgery for promoting an online shopping site which is allegedly "duping" customers. The FIR has been registered by a lawyer Rajat Bansal, a resident of Keshav Nag[...]

  • Konkona Sensharma: My mother is shy around my son

    A day before this meeting with Konkona Sensharma happened, her husband Ranvir Shorey and she took to Twitter to announce their separation. Both of them also conveyed their decision to co-parent their young son Haroon. Konkona is clear she will not answer any questions pertaining to the above because she has never s[...]

  • We Are Your Friends review: In Zac Efron's hands, even EDM

    There aren’t many movies on electronic dance music (EDM) or its industrial-techno-underground flavours. The 2004 Michael Dowse film It’s All Gone Pete Tong was one of the first of its kind and it turned out to be a truly stunning sendoff to EDM fans, thanks to it’s unique plot featuring a deaf DJ, mouthwatering Ibi[...]

  • Sports
  • Manpreet Kaur breaks national shot put record on road to Ri

    Railways shot putter Manpreet Kaur today became the latest Indian athlete to qualify for next year's Olympics when she shattered an 18-year-old national record en route to a sixth title at the 55th National Open Athletics Championship today.The Patiala-based shot putter threw 17.96 metres in her second attempt to c[...]

  • Champions League: Chelsea cruise but Dinamo Zagreb stun 10-

    The Champions League season is only one match day old, but it will be tough for anyone to better Alessandro Florenzi's eye-popping strike that gave Roma a 1-1 draw with defending champion Barcelona on Wednesday.Florenzi launched an audacious 60-yard (meter) lob from near the sideline and watched it sail over Barcelon[...]

  • Sanjay Bangar is right: We have been too quick to judge Roh

    Rohit Sharma, the much criticised India batsman, recently received some support from India batting coach Sanjay Bangar, who urged the critics to compare Rohit’s record to those of others at the same stage of their careers."If you look at the numbers, he has played 13 Test matches and scored 800-900 (870 runs) runs a[...]

  • With an eye on 2019 World Cup, it's time for Virat Kohli to

    It was only a matter of time before the murmuring began.With an historic series win in Sri Lanka under his belt, Virat Kohli, India’s Test captain, is reportedly being considered for the one-day captaincy as well. Considering that MS Dhoni’s aura shines brightest in the 50-over game, where he is still a formidable [...]

  • Cars
  • 2015 Frankfurt Motor Show: 2016 Suzuki Baleno to be showcas

    The 66th Frankfurt Motor Show will witness the world debut of the all-new Baleno. Suzuki plans to showcase their new "ideal hatchback" to the media on September 15, 2015. The motor show will be open to public from September 17-27, 2015. In its new form, the Baleno takes after the IK-2 concept that was shown at th[...]

  • Maruti Suzuki launches S-Cross

    Country’s largest car maker Maruti Suzuki on Wednesday launched its crossover hatchback S-Cross priced in the range of Rs.8.34 lakh and Rs.13.74 lakh as it looks to cement its position in the premium car market. The S-Cross will compete with models such as Hyundai’s recently-launched Creta, Renault’s Duster, Ford’s [...]

  • CCI slaps Hyundai with fine of Rs 420.26 cr for restricting

    New Delhi: Coming down hard on carmakers found to be restricting sale of spare parts in open market, fair trade regulator CCI on Tuesday imposed a penalty of Rs 420.26 crore on Hyundai Motor India and asked two others -- Reva and Premier -- to 'cease and desist' from anti-competitive practices. This follows penaltie[...]

  • Recent Articles

    Zuckerberg Vows to Daughter He’ll Donate 99% of His Facebook Shares

    SAN FRANCISCO — Mark Zuckerberg, the co-founder and chief executive of Facebook, announced on Tuesday that he and his wife would give 99 percent of their Facebook shares “during our lives” — holdings currently worth more than $45 billion — to charitable purposes.From Our AdvertisersThe pledge was made in an open lett[...]

    02 Dec 2015 | 0 commentsView Post

    Mark Zuckerberg and Priscilla Chan announce baby girl – and massive charity initiative

    In a Facebook post to newborn child Max, the Facebook CEO says he will administer the initiative himself using 99% of shares in company’s stock.   The Zuckerbergs announced two births on Tuesday: a baby girl, and to one of the world’s biggest charities. That sterling spoon you might have been considering f[...]

    02 Dec 2015 | 0 commentsView Post

    Osama cited Bapu as inspiration in 1993 speech

    cassettes were discovered. The cache soon passed many hands from an Afghan family to a cassette shop and then to a CNN cameraman, finally making its way to the Afghan Media Project at Williams College in Massachusetts, who asked Flagg Miller — an expert in Arabic literature and culture from the University of Californ[...]

    02 Oct 2015 | 0 commentsView Post

    Water on Mars? Here’s why Nasa believes there can be signs of life on the red planet

    Recently, planetary scientists detected hydrated salts on these slopes at Horowitz crater, corroborating their original hypothesis that the streaks are indeed formed by liquid water. Image Credit: nasa.tumblr.com The dark narrow streaks called recurring slope lineae are up to few hundred meters in length.[...]

    29 Sep 2015 | 0 commentsView Post

    Ranbir Kapoor's special working birthday on the sets of 'Ae Dil Hai Mushkil'

    The baby-faced, towel-dropping Saawariya debutant turns 33 today. And in the 8 years since Ranbir Kapoor's debut film, he has been a part of many films. However, the birthday boy recently started shooting for Karan Johar's Ae Dil Hai Mushkil in London, and had a working birthday this year. However, tha[...]

    29 Sep 2015 | 0 commentsView Post

    Mark Zuckerberg and Priscilla Chan announce baby girl – and massive charity initiative

    In a Facebook post to newborn child Max, the Facebook CEO says he will administer the initiative himself using 99% of shares in company’s stock.

     Zuckerberg with his wife, Priscilla Chan, and their new daughter Max.

    The Zuckerbergs announced two births on Tuesday: a baby girl, and to one of the world’s biggest charities.

    That sterling spoon you might have been considering for Mark Zuckerberg’s new baby may no longer be the most exciting gift to the Facebook billionaire’s daughter: after revealing his wife, Priscilla Chan, had given birth to their first child, Max, Zuckerberg announced the creation of a charity organization called the Chan Zuckerberg Initiative.

    The couple have pledged to give away 99% of their Facebook shares in their lifetime, currently worth about $45bn.

    The charity, which has “the mission of advancing human potential and promoting equality”, will be administered by the CEO himself and is already on track to be worth a potential $3bn by 2018.

    Zuckerberg announced the move on Facebook in the form of a letter to his baby:
    Dear Max,
    Your mother and I don’t yet have the words to describe the hope you give us for the future. Your new life is full of promise, and we hope you will be happy and healthy so you can explore it fully. You’ve already given us a reason to reflect on the world we hope you live in.
    Like all parents, we want you to grow up in a world better than ours today.
    While headlines often focus on what’s wrong, in many ways the world is getting better. Health is improving. Poverty is shrinking. Knowledge is growing. People are connecting. Technological progress in every field means your life should be dramatically better than ours today.
    We will do our part to make this happen, not only because we love you, but also because we have a moral responsibility to all children in the next generation.
    We believe all lives have equal value, and that includes the many more people who will live in future generations than live today. Our society has an obligation to invest now to improve the lives of all those coming into this world, not just those already here.
    Zuckerberg plans to finance the endeavor using his stock options. Some 99% of his shares will go to the charity – the tech tycoon owns 4m shares of class A common stock and 419m shares of class B, which have the majority of voting rights.

    “[D]uring his lifetime, he will gift or otherwise direct substantially all of his shares of Facebook stock, or the net after-tax proceeds from sales of such shares, to further the mission of advancing human potential and promoting equality by means of philanthropic, public advocacy, and other activities for the public good,” the company said in the filing.
    Joel Fleishman, professor of law and public policy sciences at Duke University, said he believed the announcement would spur giving among the super-rich.
    “I follow this pretty closely and hardly a day goes by that somebody doesn’t say he’s going to give away all his assets to charity,” Fleishman said, noting that Zuckerberg’s early-years Facebook colleague Dustin Moskovitz and his wife Cari Tuna said they were going to give away their fortune, which amounts to some $8bn, as well. “It does exemplify the spirit of the times.”

    Fleishman observed that the project had become particularly popular among the young and extraordinarily wealthy, who prefer “giving while living” to willing their assets to charity. “I celebrate his decision to do it as I celebrate Warren Buffet’s decision to give all that money to the Gates Foundation. People who’ve made all that money are by nature competitive; someone that young giving away that much money will undoubtedly stimulate others to do likewise.”
    But it’s not the executive’s first foray into charity, nor the first this week. Zuckerberg, Bill Gates, Richard Branson and others announced an initiative to invest in new energy sources to stem the rising tide of climate change on Monday.

    Results of his previous philanthropic efforts have been mixed: In 2010, Zuckerberg partnered with then-mayor of Newark, New Jersey, Cory Booker (who has since become the state’s junior senator) to improve the notoriously poor-quality schools in the city with a donation of $100m. The endeavor was widely criticized for the percentage of the gift that went to pay consultants, among other problems.

    FWD.us, a political advocacy group started by Zuckerberg and Gates, has also stalled after its efforts to lobby for immigration reform failed, despite some $50m in backing from big-name tech personalities.

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  • Zuckerberg Vows to Daughter He’ll Donate 99% of His Faceboo

    SAN FRANCISCO — Mark Zuckerberg, the co-founder and chief executive of Facebook, announced on Tuesday that he and his wife would give 99 percent of their Facebook shares “during our lives” — holdings currently worth more than $45 billion — to charitable purposes.From Our AdvertisersThe pledge was made in an open lett[...]

  • Mark Zuckerberg and Priscilla Chan announce baby girl – an

    In a Facebook post to newborn child Max, the Facebook CEO says he will administer the initiative himself using 99% of shares in company’s stock.   The Zuckerbergs announced two births on Tuesday: a baby girl, and to one of the world’s biggest charities. That sterling spoon you might have been considering f[...]

  • Osama cited Bapu as inspiration in 1993 speech

    cassettes were discovered. The cache soon passed many hands from an Afghan family to a cassette shop and then to a CNN cameraman, finally making its way to the Afghan Media Project at Williams College in Massachusetts, who asked Flagg Miller — an expert in Arabic literature and culture from the University of Californ[...]

  • Water on Mars? Here’s why Nasa believes there can be signs

    Recently, planetary scientists detected hydrated salts on these slopes at Horowitz crater, corroborating their original hypothesis that the streaks are indeed formed by liquid water. Image Credit: nasa.tumblr.com The dark narrow streaks called recurring slope lineae are up to few hundred meters in length.[...]

  • Ranbir Kapoor's special working birthday on the sets of 'Ae

    The baby-faced, towel-dropping Saawariya debutant turns 33 today. And in the 8 years since Ranbir Kapoor's debut film, he has been a part of many films. However, the birthday boy recently started shooting for Karan Johar's Ae Dil Hai Mushkil in London, and had a working birthday this year. However, tha[...]

  • Modi’s tears only drama? Why is it so tough to believe a st

    There was nothing unusual in the way Prime Minister Narendra Modi broke down at the Facebook Town Hall in San Jose. After all, this is not the first time that the country’s strongest political leader bared his emotional side to an audience that came to appraise him. What was unusual this time was the fact that h[...]

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