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British Airways CFO Steve Gunning to take over as IAG finance chief

IAG said on April 15 British Airways’ finance chief Steve Gunning will replace company veteran and chief financial officer Enrique Dupuy de Lome, who steps down after more than eight years in the role. Gunning, who joined British Airways in 1998 and has been its CFO since January 2016, will take over from de Lome at IAG’s annual general meeting ... Read More »

Internet Challenges: Who’s Likely to Take Risk?

The “choking game” — and other clearly ill-advised and dangerous internet challenges — leave many parents wondering what drives teens to take the bait and participate. Now, a new study suggests that an underlying psychological disorder may be one reason why some kids jump at online dares such as the “Bird Box” challenge, where people walk around blindfolded, and the ... Read More »

Banks or NBFCs: Where should you take your education loan from?

Graphic: Mint It is said that education is the biggest wealth that one can accumulate, but getting quality higher education is increasingly becoming expensive. However, people are still going ahead and funding their children’s education, often with the help of education loans. One indicator of higher spends on higher education is the average ticket size of education loans (see graph). ... Read More »

Samsung Patents New Face, Iris Recognition Biometric Camera; May Take on Apple’s Face ID

HIGHLIGHTS Samsung has been granted a patent for a filing in 2014 The biometric camera said to feature iris and 3D face recognition The technology is expected to get introduced in the Galaxy S10 Samsung may soon replace its iris scanning technology with a new biometric camera, if a recently granted patent is any indication. 3D facial recognition technology is one ... Read More »

Instagram Launches IGTV Long Video App to Take on YouTube, Now Has a Billion Users

Instagram said Wednesday it now has more than one billion active users, as it unveiled a new long-form video feature in a bid to attract “creators” like those on YouTube. It becomes the fourth Facebook platform to hit the billion-user mark, including the namesake social network with more than two billion users, and the messaging applications WhatsApp and Messenger. Instagram, which had some 800 million users as ... Read More »

How moms can take care of finance

If you have to choose between building your retirement nest and funding higher education, do the former first. Photo: Ramesh Pathania/Mint Here are tips from three experts on how mothers can manage personal finance well enough to secure the future of their children. Deepali Sen, founder, Srujan Financial Advisers LLP Raise money-conscious kids: As moms build the foundation for kids’ financial ... Read More »

Mumbai’s Real Estate Will Take At Least A Year To Revive, Knight Frank Says

Maharashtra’s change in law allowing a reduction in ready-reckoner or benchmark property rates suggests that a revival from the disruption caused by the cash ban and a strict housing regulation may take another 12-18 months, Knight Frank India said. Most of the people who don’t need houses immediately in Mumbai, India’s second-largest property market, will prefer waiting to see a ... Read More »

Internet Giants Not Doing Enough to Take Down Illegal Content: EU

Internet giants like Facebook, Google’s YouTube and Twitter are not taking down illegal content from their websites fast enough, the European Union executive said on Tuesday after meeting with the companies. Several European governments have increased pressure on social media companies to do more to remove illegal content – from incitement to hatred and racism to extremist material to counterfeit products being sold online – and ... Read More »

Losses for technology and banks take US stocks lower

FILE – This Tuesday, Oct. 25, 2016, file photo shows the New York Stock Exchange at sunset, in lower Manhattan. U.S. stocks are skidding early Thursday, Aug. 3, 2017, as banks, technology and health companies all start the day lower. Prescription drug distributor AmerisourceBergen and women’s health diagnostic company Hologic tumbled, while a solid quarter from cereal maker Kellogg helped ... Read More »

Real estate sector sentiments take a further hit with RERA and GST ambiguity

The uncertainty over the manner and form in which the Real Estate (Regulation and Development) Act, 2016 (RERA) rules will be implemented across states and the implementation of the Goods and Services Tax (GST) from July 1, 2017 has created confusion among stakeholders, especially with respect to on-going projects, says FICCI-NAREDCO Real Estate Sentiment Index for the second quarter 2017. ... Read More »