Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
Square, a new mobile payment system has finished the fourth round of raising funds for expanding the company’s operations. Founded by Twitter co-founder Jack Dorsey, the company raised $200 Million in the round. Square has amassed a total of $337 Million to fund its operations first in the US and then internationally. The total valuation […]
Wal-Mart, the biggest corporate entity in the US in consumer business, is about to come under tight scrutiny of the US Department of Justice. The company has been accused of alleged bribery in the Mexican division, in a US-based newspaper article. The DOJ has been urged to take a notice of the situation under Foreign […]
There have been 150 cases handled by the Federal Bureau of Investigation, FBI, in the recent years. Many companies have taken the plea bargains and deferment of cases after agreements with the prosecutors. In the recent example, Siemens had to pay in the tune of $3 Billion of violation of FCPA. In addition, DOJ promotes […]
However, this year, though the economy is still finding its footing on a stable terrain and Europe is going through a tough time, the trend of making online transactions has shown its healthy signs. The public is preferring to go online and order a product and are willing to pay for the shipment charges, which […]
That means almost 18.4 percent of all the transactions were made through mobile devices like the tablets and smartphones. Netbooks and notebooks are not included in this category. The story does not end at these facts. There has been an enormous shift seen in the increase of online sales and the biggest part in encouraging […]
International Business Machine (IBM) released the stats of Christmas Day purchases mostly made on Christmas Eve, December 24, 2011. The most amazing fact that mesmerised even IBM was this year’s statistics of online shopping. Since the 2008 recession, the online shopping trend had shifted steeply to traditional brick and mortar transactions. In a survey, it […]
The battle between click and brick-and-mortar systems is getting fiercer by the day. This nippy fight has now included the tax collection into the equation following a scandal that flooded the internet last weekend. According to reports, Amazon.com offered a 5 to 10 percent discount to its customers, who entered the correct price—on Amazon’s smartphone […]
The Black Friday this year saw the busiest customer traffic in its 26-year history. According to several reports the Friday sales were a whopping 6.6% increase to last year’s sales on the same holiday. In the US and all over Europe, one Friday is celebrated as the day of huge discounts. In the US, it […]
India’s food minister KV Thomas has come out and said that his cabinet have agreed to allow 51 percent foreign ownership of multi brand retail stores operating in countries such as United States of America and United Kingdom. This revelation means that India might soon see the rise of corporations such as Wal-Mart and Tesco. […]
