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13Apr

United Airlines dragged forcefully an Asian passenger of a flight

After two days of opposing excuse, decreasing stock prices and worldwide shock, United Airlines entered brutal mode. when its chief executive announced on Tuesday afternoon an in-house inquiry into a scene containing a man who was violently dragged out from a plane so a crew member could have a seat.

Oscar Munoz United chief executive spoke in a statement. “I am upset by what happened on board with the passenger, I apologize sadly to the customer forcibly dragged out of a plane and to all the customers aboard. No one should ever be mistreated this way.” – Then why you treat them brutally?

Ceo of United airlines also said “We are going to repair what’s damaged so this never take effect again ever,” Munoz said, encouraging a civil report by April 30 on an audit into United’s interest with law administration, its approach on giving seats to a staff member and overbooking.

This was the latest statement attempt from the airline to lessen a public relationship dilemma, which inaugurates when a now-suspended security officer brutally assaulted a man out of his seat on Sunday, lead to the man’s face to hit an armrest, and dragged him back to the terminal at Chicago’s O’Hare International Airport.

United spokesman endorsed off the company’s original claims that the flight was “overbooked” — rather than disturb at the last minute to removal off-duty crew. Said by mediator earlier Tuesday

Munoz’s Tuesday teatime justification hit after a letter he sent to United employees turned into the public. In it, he guarded the flight crew’s behavior on the Louisville-bound plane.

And it showed up as universal shock sent United’s stock price falling, as depressing videos of the brutal assault went viral worldwide.

In China, Many people are now echoing calls for boycott in the United States. Many people have read or shared the report of that passenger dragged off the flight and also claimed that he was targeted for being Chinese.

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11Apr

eBay, Microsoft, Tencent, invests $1.4 billion in Flipkart

Flipkart gets $1.4 billion investment from eBay, Microsoft and Trencent

Ebay, Microsoft, Tencent cover up Flipkart by investing $1.4 billion. Flipkart seems ready to compete with the rival Amazon India. After this investment of $1.4 billion, the company gets one step closer to represent itself in front of investors and customers. Flipkart will also buy eBay’s India business as part of the deal. Funding round values are lower than it’s peak valuation of $15 billion.

Flipkart may get more capital from Softbank if Snapdeal’s sale goes down. Softbank is one of the biggest investors in Snapdeal. Flipkart is looking to buy lower rival Snapdeal.

The funding round gives a significant victory for Flipkart chief executive Kalyan Krishnamurthy. It also increases the pressure on Krishnamurthy to carry take Flipkart to the new level of success.

eBay Invests the amount of $500 million in Flipkart, rest coming from Tencent and Microsoft, a gaming internet and social networking firm.

Flipkart and Amazon are competing at the top of India’s $15 billion online retail markets. Given Flipkart’s recent comeback, the combat between these two can closely clash this year compared to last year.

 

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19May

Epic Research Weekly Fundamental Report Of Dlf On 16 May 2015

COMPANY INFORMATION

DLF’s primary business is development of residential, com- mercial and retail properties. The Company has significant exposure across businesses, segments and geographies. From developing 22 major colonies in Delhi, DLF is now pre- sent across 15 states-24 cities in India. DLF has also forayed into infrastructure, SEZ and hotel businesses.

Latest News about the company:

In a fresh order Thursday against DLF, the Competition Com- mission of India (CCI) ruled that realty giant DLF was guilty of indulging in “unfair and abusive” business practices in sale of apartments in a Gurgaon housing project. CCI has asked DLF Gurgaon Home Developers Private Limited and its group companies to “cease and desist” from such unfair trade practices, but did not impose any fresh mone- tary penalty as Rs 630 crore fine has already been slapped on DLF for similar violation during the same period in a sepa- rate case. Subsequently, the complainants approached CCI alleging abuse of dominant position by the company and the fair trade regulator ordered a probe by its investigative arm.

DLF results on 20 may 2015

DLF Ltd has informed BSE that a meeting of the Board of Di- rectors of the Company will be held on May 20, 2015, inter alia, to consider and approve:
1. Audited Financial Results along with Q4 results for the year/quarter ended March 31, 2015
2. Recommendation of Dividend, if any, for the FY 2014-15.

Technical observation

DLF recently broke down below medium term support of around Rs 145 and we have seen a pennant getting formed on the daily chart which is indicating that this continuation of downtrend is what we are expecting. So the recommendation is to sell DLF for a target of Rs 105 with a stop loss at Rs 140

DLF FUTURE is looking weak on charts, short build up has been seen, we may see more downside, if it sustains below 130 levels. We advise selling around 125-130 levels with strict stop loss 140 for the targets of 115-105 levels.

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