Safecity uses Twitter to crowdsource facts about public harassment

  Safecity uses Twitter, to tackle anti-social behaviour, reducing crime and helping foster stronger communities. Twitter the social media giant is helping vulnerable communities, even in emerging economies. Twitter is in a joint-venture with Safecity, a Mumbai-based non-profit organisation, to provide a live platform where personal stories can be shared and publicised about public harassment, anonymously.…

Russian airliner with 224 crashes in central Sinai, Egypt

A Russian Airliner Kogalymavia, flight KGL9268 Airbus A-321, which took off from the Red Sea resort Sharm el-Shiekh on its way to St Petersburg’s Pulkovo Russian airport, has crashed in central Sinai at 06:51Moscow time (03:51GMT) with more than 217 Russian tourists including 17 children and 7 crew on board. Egyptian authorities located the wreckage…

Facebook after 1.3million new customers from India

Mark Zuckerberg founder of Facebook has rousing welcome at a meeting in New Delhi from technology students, during his visit to India, where social networking is growing at lighting speed with potential 500 million Facebook users. Kicked out of China, where the internet is more closely monitoring than the West, Facebook sees India offering access…

Blame the wrong policies not the Euro for the financial crisis

Martin Sandbu’s Europe’s Orphan makes you think again, an indepth analysis of the Eurozone crisis as he argues that the system is right plagued with wrong policies. Sandbu traces European Monetary Union back to the desire for greater European unity after the Second World War, and the euro’s creation coincided with a credit bubble that…

Hamleys being sold for £100million to Hong Kong footwear retailer

C.Banner International – a Hong Kong based retailer of women’s footware is reported to be offering £100million for buying Hamleys, the iconic British toy shop which celebrates its 255th birthday. Hamleys, known for its seven storey toy store where Father Christmas  will greet children and fulfil their dreams. Hamlets have expanded and opened in Moscow,…

Western Digital to buy ScanDisk for £12.35billion

In a low interest rate environment, where growth is harder consolidation is the only way. Three multi-billion-dollar acquisitions totalling  £22.1 billion $34 billion, including Western Digital acquiring  flash memory maker ScanDisk for £12.35 bn $19 bn, semiconductor maker Lam Research buying rival KLA-Tencor Corporation for £6.92 bn $10.65 bn and IT management software group SolarWinds…

Ferrari ignites £ 6 billion IPO float in New York

Ferrari the sports car giant raced to $10billion (£6.5billion) ahead of its first day of trading in the New York Stock Exchange. Parent Company Fiat Chrysler automobiles raised $893million £580.5million form an IPO that attracted strong investor interest as the company sold 17.2 million shares at £52 each, but underwriters could take a further 1.7million…

Celebrating Street Food in India

  For the foodies who love to savour a wide variety of street foods, India is one of the best destinations. Indian street foods are cheap yet tasty. Traversing through north to south in India you would find that each state has a unique dish which is relished by all food lovers. Street foods are…

Wal-Mart bribery allegations in India

Wal-Mart is suspected to have paid thousands of small bribery payments worth millions of dollars in India, to low-level local officials to help move goods through customs or obtain real-estate permits. The majority of suspicious payments ranging from US $200 to US$5, but when added together they totalled millions of dollars according to The Wall…