CBSE also makes mistakes, should not have scrapped re-evaluation policy: Delhi HC

  The Delhi High Court on Friday orally observed that the CBSE ought not have done away with its re-evaluation policy as it also makes mistakes in evaluation of answer sheets. “You (CBSE) should not have done that. You too make mistakes,” Justice Sanjeev Sachdeva said while hearing a student’s plea for re-evaluation of herRead More

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Royal Ascot 2017 fashion: from edible hats to equestrian embellishment, we chart the weird, wonderful and wackiest style from this year’s races

With the British summer now in full swing, today it fell to Royal Ascot to kick off its festivities. Opening this morning with an expected 300,000 attendees expected over the 5-day event, all eyes are on the Berkshire racecourse for a whole host of different reasons. But while a number of people will be keepingRead More

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Exclusive: AI-based fashion startup Fabulyst raises seed round

  Fabulyst Pvt. Ltd, which operates an artificial intelligence-based platform emulating a personal stylist, has raised Rs 1.4 crore ($216,000) in seed funding from iB Hubs, a launchpad-cum-accelerator for startups. The Hyderabad-based startup will use the funds for technology ramp-up, global customer acquisition, and product development, a company statement said. Raj Parakh, co-founder and chiefRead More

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Amazon launches ‘try-before-you-buy’ fashion service

  FILE PHOTO: Employees of Amazon India are seen behind a glass bearing the company’s logo inside its office in Bengaluru, India, August 14, 2015. REUTERS/Abhishek N. Chinnappa/File Photo Amazon.com Inc wants to turn your living room into a fitting room. The e-commerce giant, already one of the biggest apparel sellers in the United States,Read More

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Will Flipkart’s gamble with new private label fashion succeed?

Flipkart is betting big on fashion with the launch of its private label ‘Divastri’ that includes 1,500 styles focused exclusively on women’s ethnic wear. If electronics is the king of GMV, fashion is the king of margins in online commerce. Indian online market for fashion is estimated to be worth $12-14 billion by 2020 fromRead More

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What changed for the market while you were sleeping? 10 things you should know

  The Nifty is likely to open lower on Wednesday after a weak handover from Wall Street. The Nifty closed 4 points lower at 9,653 on Tuesday. The index managed to close above its crucial support level of 9,650 and made a small-bodied candle on the daily candlestick charts. To gain momentum, the index hasRead More

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Market Live: Sensex extends losses, Nifty hovers around 9600-mark

  Shares of Alembic Pharmaceuticals surged 4.2 percent intraday as it has received USFDA nod for Candesartan Cilexetil Tablets. The company has received approval from the United States Food & Drug Administration (USFDA) for its abbreviated new drug application (ANDA) for Candesartan Cilexetil Tablets 32mg. The approved equivalent to the reference listed drug product AtacandRead More

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Stock market closes lower as oil slips into bear-market territory

U.S. stocks finished lower Tuesday as investors dumped energy shares after crude-oil prices sank into bear-market territory. The S&P 500 SPX, -0.67%  dropped 16.43 points, or 0.7%, to close at 2,437.03, with nine of the 11 main sectors trading lower. The energy sector was down 1.3%, topping the losers. Crude oil CLN7, -1.95% sank toRead More

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