Microsoft acquires Nokia for $7.9 billion. Will the deal work?

Microsoft has laid an all-or-nothing bet by acquiring the fallen mobile empire of Nokia. In a deal worth $7.9 billion, Microsoft will buy Nokia’s devices and services business, license its patents and use its mapping service. The takeover will be an end of the era for the Finnish company, who were one of the pioneers… Continue reading Microsoft acquires Nokia for $7.9 billion. Will the deal work?

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Indian Food Security Bill: The Making of an Economic Disaster?

Last week the Government of India passed its ambitious Food Security Bill (FSB) in the lower house of the Parliament. Under the bill, the government aims to cover 67% (around 85 crore) of its population by providing  5 kg rice, wheat and coarse cereals per month per person at a fixed price of Rs. 3,2,1 respectively.… Continue reading Indian Food Security Bill: The Making of an Economic Disaster?

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