Gold Silver Reports (GSR) – Indian IT Companies Are Ageing, Says Aswath Damodaran — “Indian IT companies are not dying, but ageing”, and companies like Infosys Ltd. need to come to terms with that, Damodaran, adding that only some companies will be able to adapt to the changes.
WhatsApp May be Sharing your Payments Data with Facebook
Gold Silver Reports (GSR) – WhatsApp May be Sharing your Payments Data with Facebook — Based on the Unified Payments Interface (UPI) platform, WhatsApp launched payments on trial for some of its users in February. It is expected to introduce the service to all its users soon.
Facebook Keeps Face
Gold Silver Reports ~ In earnings news, Facebook (FB) shares just shot up 8% in after-hours trading after the giant social network said it earned 79 cents a share on revenue of $5.84 billion in Q4 2015, easily topping Wall Street estimates of 69 cents a share.
Free Web access in India
Gold Silver Reports ~ A majority of Indians who submitted comments to the nation’s telecommunications regulator said they support Facebook Inc.’s Free Basics plan that would allow free Web access.