Budget, Facebook-WhatsApp deal & other top stories this week

THE ECONOMIC TIMES Sat, Feb 22, 2014 | 12:53 PM IST Weekly Platter Newsletter

Facebook to buy WhatsApp message service for $19 billion Acquisition of hot messaging service with more than 450 million users around the world stunned many Silicon Valley observers with its lofty price tag. read more Budget 2014: Aam aadmi has no big reason to cheer Unlike a regular budget that usually gives a few big reason for the common man to cheer, the Vote-on-Account was rather cold. Most of those who left Infosys were not adding value, says NRN Murthy on senior level exits “A new CEO will be in place by the time Shibulal is ready to leave. I will be available to ensure there is proper transition,” said Narayan Murthy

Editor's Pick Back to 1991: FM has contracted economy, says Yechury Sitaram Yechury, CPI-M politburo, says by contracting the economy through cutting investments, we are in a vulnerable position now. China offers to finance 30% of India’s infra development It’s the biggest offer by any one country, exceeding funds contributed by Japan, which has traditionally financed India’s most ambitious projects. Meet the men behind the success of Tata Consultancy Services Tata Consultancy Services is not known for the flamboyance of its nearly 3-lakh-strong team. Its top executives have operated in the shadows and helped build a company whose revenue is expected to exceed $12 billion (Rs 75,000 crore) by March 2014. Jochelle Mendonca and Varun Sood shine the spotlight on four key deputies of chief executive N Chandrasekaran Maruti'sCelerio may rekindle automatic car segment Maruti’s pioneering move to offer an automatic car at an affordable price range with Celerio has the potential of triggering a largescale shift.

Most Popular This Week Mukesh Ambani's son Akash joins RIL; begins at Reliance Jio Relevance of Indian IT under threat: Vineet Nayar Top 10 people skills to put your career on a fast track Did the Indian government deliberately allow the rupee to fall? Experts like Panagariya, Ravi Mantha helping Modi fine-tune poll strategy

Story of The Week 5 years, 50 staff & Rs 1.2 lakh cr: WhatsApp deal eclipses mkt value of all but 11 Indian companies Facebook's Mark Zuckerberg pays mind-boggling dollar for a firm started 5 years ago by his company’s rejects Jan Koum and Brian Acton. read more

Money Planning to start a new venture? 6 start-up mistakes you must avoid A wrong step can be disastrous for a small business. Here are six mistakes that can kill a start-up and how you can avoid them. Haven't filed tax return? You can do so till 31 March Tax rules allow you to file your returns by the end of the next financial year, but you will forgo some of your rights.

Stock Round Up Sensex rebounds 164 points; logs first weekly gain in four Heavy buying in banking, capital goods and IT bluechips helped the Sensex rebound amid a strong show in global markets.

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