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Future Retail raises ₹2,000 crore through issue of warrants to promoter entity

NEW DELHI: Future Retail Tuesday said it has raised nearly₹2,000 crore through issue of warrants to its promoter group entity on a preferential basis. “The committee of directors of the company has inter-alia considered and allotted 3,96,03,960 equity warrants at a price of ₹505 per warrant, each convertible into or exchangeable for one equity share of face value of ₹2 each…to Future Coupons ... Read More »

View: Future of democracy is literally in India’s hands

. “On or about December 1910, human character changed,” the English novelist Virginia Woolf once wrote. It’s no exaggeration to say that human character in India changed equally dramatically between 2014 and 2019 as the number of active smartphones in the country quadrupled from 100 million to 400 million. Woolf, like many of her contemporaries in the early 20th century, was interested ... Read More »

Under arrest: The future of Julian Assange and WikiLeaks

On The Listening Post this week: Journalism on trial – WikiLeaks founder Julian Assange faces extradition after arrest in London. Plus, the journalists who exposed Malaysia’s 1MDB scandal. Under arrest: The future of Julian Assange and WikiLeaks Six years, nine months, three weeks, two days after taking refuge in the Ecuadorian embassy, the impasse was broken when Julian Assange was dragged out of the building by British ... Read More »

4th industrial revolution will add unpredictability to future of work: India

As the ILO marks its centenary amid unprecedented technological transformationand disruption in the labour market, Indiahas said the fourth industrial revolution will add unpredictability to the future of work, requiring people’s opportunities and well-being to be localised and re-examined. “Anxiety about the impact of technology on the world of work is not new. The question of how technology shapes work and labour and how society ... Read More »

Connected care will be the future of healthcare: Srinivas Prasad

NEW DELHI: Lack of access and poor quality healthcare claims millions of lives in the developing world every year. According to a September 2018 report in Lancet, 1.6 million people die in India every year due to inadequate healthcare. Experts say that in countries like India where 70% of the population live in rural areas and going to a hospital can be a huge ... Read More »

The Coolest Vintage Cars of the 2019 Geneva Auto Show

Old-school rides are often deployed at auto shows, used by the automakers that produced them as tangible links to their heritage—especially when they want to evoke said heritage in promoting a new vehicle. They’re also used as stand candy by various companies to lure unsuspecting journalists and potential customers into their booths, and as templates for dreamers looking to be ... Read More »

Slew of new car launches, high fuel prices: Used cars sold 4 lakh units more than new in 2018

In value terms, the used-car market clocked almost two-thirds the business recorded for new cars last year — Rs 1.4 lakh crore for used cars versus Rs 2.2 lakh crore for new. (Representational) MARKING A trend that appears to be gaining strength, India’s used-car market saw the sale of 40 lakh vehicles in 2018 to overtake the volumes for new ... Read More »

Bugatti La Voiture Noire is the most expensive new car of all time at Rs 131.33 crore

The French luxury brand Bugatti is known for making super expensive cars. With every new introduction, the company sets the bar higher. Now its one-off hyper sports car La Voiture Noire has sold for 16.7 million euros or Rs 131.33 crore (the amount includes the price of the car along with the taxes), making it the most expensive new car ... Read More »

All of the cars, concepts, and wild ideas from the 2019 Geneva Motor Show

Every year, the Geneva Motor Show proves to be one of the flashiest, most outrageous car shows that take place around the world — and 2019 is no exception. Luxury names like Porsche, Jaguar, and Aston Martin have shown up to try to make news alongside supercar brands like Lamborghini, Rimac, and McLaren, and the results are some of the ... Read More »

Geneva Motor Show:An army of insane suparcars to invade the event

Where the fashion world flocks to Paris for its seasonal runway spectacles, tout le monde from the elite automotive world convenes in Geneva. When it comes to the most expensive luxury cars, auto shows are increasingly irrelevant. For years, the most prestigious automakers in the world have saved their best debuts (and the bulk of their event marketing budgets) for ... Read More »