Analysis – Amazon’s far-reaching ambitions, lack of profits, unnerve investors

July 27, 2014 0
A box from Amazon.com is pictured on the porch of a house in Golden

By Deepa Seetharaman SAN FRANCISCO (Reuters) – Amazon.com Inc’s message to investors has always been clear: trust in founder and CEO Jeff Bezos. Some on Wall Street wonder if Amazon may have bitten off more than it can chew. After an unusually busy first half of the year that saw the online retailer spend on developing everything from mobile phones and Hollywood-style production to grocery deliveries, investors are ready to see it curtail its ambitions and start delivering sustainable profits. “It does get frustrating when they continue to spend quarter after quarter and they don’t let the revenue flow through,” said Michael Scanlon, who manages $3.5 billion at Manulife Asset Management and holds shares of Amazon.

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I’m maturing like an old wine: Rajeshwari Sachdev

July 27, 2014 0

Mumbai, July 27 (IANS) Rajeshwari Sachdev’s stint in theatre, TV and films has been like a treasure-trove. After not being too active in front of the camera for some time, Rajeshwari returns with double dhamaka – she is seen in TV show “Laut Aao Trisha” and her movie “Dombivli Return” is set to hit the screens. Versatility has been her forte and once again she is proving it as a modern high-profile woman in the TV show, and a Maharashtrian woman in the thriller movie. A staple in Shyam Benegal’s film, including “Sardari Begam”, “Hari Bhari” and “Welcome To Sajjanpur”, Rajeshwari says connecting with her character of a Maharashtrian in the movie wasnt’ tough, because she was “born and brought up in Bombay and continue to grow up in Mumbai”.

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Venkaiah Nadu denies accusations that BJP is trying to influence Speaker

July 27, 2014 0

Hyderabad, July 27 (ANI): Union Minister of Urban Development Venkaiah Naidu today has denied Congress leader Kamal Nath’s accusation that the Speaker’s decisions are influenced by the ruling party. I don’t know what favors he is talking about.” He also condemned the accusations made by Ananda Sharma, the Deputy Leader of Congress in Rajya Sabha, that the Bharatiya Janata Party is pressurizing the Speaker of the house.

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Saharanpur violence: SP leader Gaurav Bhatia warns BJP, alleges its behaviour is irresponsible

July 27, 2014 0

Lucknow, July 27 (ANI): Samajwadi Party (SP) leader Gaurav Bhatia, on Sunday attacked the opposition Bharatiya Janata Party (BJP), for what he alleged ‘ behaving irresponsibly’ in Uttar Pradesh and gave a veiled warning about the state government getting tough to deal with those leaders who incite violence. Commenting on the Saharanpur violence, Bhatia told ANI,”The unfortunate part here is that public servants, like the MPs and MLAs, who are expected to behave in a responsible manner are trying their best to communalise the atmosphere here in UP.

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Bihar’s next CM will be from BJP, says Shahnawaz Hussain

July 27, 2014 0

Patna, July 27 (ANI): Bharatiya Janata Party (BJP) leader Shahnawaz Hussain said here on Sunday that the next Chief Minister (CM) of Bihar will be from the Bharatiya Janata Party (BJP). “There is no doubt that the next CM of Bihar will be from the BJP,” said Shahnawaz Hussain while addressing a press conference in Patna, his first ever in the city after Lok Sabha elections 2014.

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Nepal parliament panel okays energy deal with India

July 27, 2014 0

Kathmandu, July 27 (IANS) A parliamentary panel in Nepal Sunday asked the government to sign as soon as possible a “Power Trade Agreement” (PTA) with India under which New Delhi has proposed 100 percent Indian investment or joint ventures with Indian entities in the Himalayan country’s power sector. Both sides held marathon negotiations during the weekend visit here of India’s External Affairs Minister Sushma Swaraj to firm up a deal. “Large-scale investment is inevitable in the energy sector but investment will become uncertain in the absence of a power trade agreement. As a result, a PTA is necessary with India,” read a statement on the committee’s decision.

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Sushma meets UML leaders, ends Nepal visit

July 27, 2014 0

Kathmandu, July 27 (IANS) External Affairs Minister Sushma Swaraj Sunday averted a diplomatic disaster by meeting leaders of the ruling CPN-UML just before returning to India after a three-day visit which she said was “productive” and “successful”. The hour-long meeting between Sushma Swaraj and the CPN-UML party took place at Hyatt Regency Kathmandu where eight party leaders led by Deputy Prime Minister Bam Dev Gautam were present. CPN-UML leaders later said the Indian side blamed “miscommunication” as the reason Sushma Swaraj — the senior most Indian leader to visit Nepal after Narendra Modi became the prime minister — didn’t meet them Saturday and apologized for it.

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It's fun having a live audience on FIR: Ketki J

July 27, 2014 0

Ketki J best known as Meena Godbole of SAB TV’s FIR (Edit II) is just getting used to the new format of the show.

As we know, FIR has now made space for live audience in the format. And while viewers are enjoying the experience it hasn’t been easy for the cast.

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I want to gradually enjoy my success – Anmol Parnami

July 27, 2014 0

Young lad Anmol Parnami who is presently seen in Colors’ Meri Aashiqui Tum Se Hi exhibits a vibrant and colourful spark that speaks volumes about his talent. The show on Colors by Balaji Telefilms has Anmol playing the notorious Devarsh who keeps everyone in a happy mood.