Tag: A

PSB merger ‘a hidden agenda to deprive Bengal’s banking sector’

West Bengal Chief Minister urges PM to do a re-think on the proposed merger of two Kolkata banks with PNB and Indian Bank Taking exception to the Centre’s big-bang public sector bank merger plan, West Bengal Chief Minister Mamata Banerjee has written to Prime Minister Narendra Modi, seeking a re-think of the proposed merger of

A social-networking website for student travelers

One Harvard student found a place to crash for a few days in Athens. Another met a Columbia student in China, and the two explored parts of Chengdu together. A third planned her trip to Brussels with tips she got from other peers: where to find the best frites and Belgian chocolates, and key phone

Huawei allegedly developed a spy-friendly phone network for North Korea

If Huawei was hoping to mend its reputation in the wake of the de facto US ban, it’s about to be disappointed. The Washington Post and 38 North have published joint reports indicating that Huawei helped build Koryolink, North Korea’s highly restrictive cellphone network that went live in 2008. According to documents, Huawei partnered with China’s state-owned Panda International Information Technology

An Acquisition Molds Extreme Networks Into a Cloud Leader

In the world of computer networking, Cisco Systems (NASDAQ:CSCO) is the 800-pound gorilla, but Extreme Networks (NASDAQ:EXTR) is taking a step toward building its own scale to challenge its larger rivals. Last month, Extreme Networks announced it would acquire Aerohive Networks(NYSE:HIVE) for $272 million in an all-cash deal. Once completed, this acquisition will mold the combined company into a top-three cloud networking company

Networking: Hyperlocal apps have arrived, but it’s not a good road

Targetting niche audiences and achieving scale at the same time is never an easy business model to crack. Hyperlocal social networking apps that have mushroomed all over the country are beginning to figure this out. These apps target similar interest communities, giving them a platform to meet like-minded people, explore events, etc, thereby changing the

Three Reasons To Turn Down A Networking Invitation

In general, I heartily encourage people to accept networking invitations. For example, a friend asks if they can introduce you to someone you should know. Or, you get a LinkedIn invitation from someone you don’t know. Or, someone you meet at a conference suggests you grab coffee sometime, and they actually contact you after the

Americans Need A ‘Fitbit’ Of Banking

OBSERVATIONS FROM THE FINTECH SNARK TANK In a recent survey, the Financial Health Network asked financial services executives about their organizations’ most important strategic priorities. The second most-frequently mentioned priority–cited by seven in 10 banks and credit unions–was “improving customer financial health.” I’m not buying it. The Data Doesn’t Add Up If seven in 10 financial institutions are focused

Modern monetary theory- a resurrection of a failed idea

Desperate times call for desperate measures. Policymakers in the developed world have been left gasping amidst the ruins of slow economic growth, high youth unemployment and rising income inequality. Such conditions are usually the perfect breeding ground for heterodox economic ideas. The contemporary avatar of such an idea is the sensational modern monetary theory (MMT).