Cost revenue and profit functions

The Telangana State Minorities Commission in a statement on Saturday said the Department of School Education had given an assurance that 52 Urdu medium schools which were closed would be reopened soon. The commission was dealing with a petition filed by Telangana Educational Development Foundation and Madaris Federation Education and Welfare Society. The office-bearers of these organisations had petitioned the commission informing it that these schools were closed on account of lack of basic facilities. In response to the petition, the Department of School Education stated that steps would be taken to put an end to the practice of housing more than one school on the same premises. Students of Asif Nagar Urdu Medium School would be moved to a suitable place after removing an office of the Revenue department functioning on the school premises.Apart from this, the commission dealt with as many as nine cases on Saturday including a case filed by a retired employee of the Greater Hyderabad … [Read more...] about ‘Closed Urdu mediumschools will be reopened’

SAN FRANCISCO (Reuters) - Over the past two years, Uber Chief Executive Dara Khosrowshahi has used his peace-making and political skills to settle battles with lawmakers and rivals and endear himself to employees who had suffered through a wretched period of corporate scandal. FILE PHOTO: Logo of the Uber is seen on a smartphone screen as a picture of stock exchange graph is displayed on a computer screen in this illustration picture, May 7, 2019. REUTERS/Kacper Pempel/Illustration/File Photo To Wall Street, it may not matter much. The company’s growth rate slowed to 2.3% in the fourth quarter over the previous quarter, which makes its annual loss of more than $3 billion all the more worrisome. And ahead of the largest U.S. public stock listing since 2014, Uber executives have cautioned IPO investors that losses could grow amid bitter competition from rivals. The company is set to price shares Thursday and is expected to raise up to $9 billion at a valuation that could … [Read more...] about The answer to Uber’s profit challenge? It may lie in its trove of data

Two persons, including a village pradhan, were arrested in Chitrakoot district of Bundelkhand after a woman dancer was shot on stage while performing at a marriage function.A video clip of the chilling incident was widely shared on social media.The incident took place on either November 30 or December 1, when two dancers were seen performing on stage in Tikra village at the wedding of headman Sudhir Singh Patel's daughter. When the music stopped, some men in the audience were heard complaining. Soon after, a shot was heard in the background and a man warns, "goli chal jayegi (bullets will be fired). Then, one of the two dancers was suddenly shot at as she turned her back. She was reportedly hit on the chin.A case under Section 307 of the Indian Penal Code (attempt to murder) was lodged at the Mau police station.Chitrakoot Superintendent of Police Ankit Mittal on Friday said two persons, including the gram pradhan, were arrested. The injured dancer is being treated in Lucknow and … [Read more...] about Video | Woman dancer shot at during Chitrakoot marriage function, two arrested

UBS has said it is in advanced talks with the US Department of Justice to settle allegations of foreign exchange market rigging, as Switzerland’s biggest bank by assets posted forecast-beating first-quarter earnings. “Discussions with [the justice department] have continued and are at an advanced stage, although no agreement has been reached with the [department] on the form of a resolution,” the Zurich-based bank said in its quarterly report on Tuesday. The DoJ’s investigation centres on how traders allegedly manipulated the £3.5tn a day foreign exchange market. Sources last week said the DoJ and five major banks, including UBS, were on course to reach multibillion-pound agreements as soon as the second half of May. In quarterly earnings, UBS said net profit for the first three months of 2015 stood at Sfr1.977bn (£1.4bn), an 88% year-on-year rise in first-quarter net profit and well above the £776m analysts had forecast in a Reuters poll. … [Read more...] about UBS expects forex-rigging settlement with US as profits surge

"Europe currently does not have taxation of digital Internet giants and Austria intends to become a pioneer in this regard… This important step seeks to ensure a greater tax justice. It relates to measures combating the deceit of tax authorities by the use of Internet delivery and also relates to measures in tourism dealing with such platforms as Airbnb [accommodation rental service]," Kurz said ahead of the government's meeting. READ MORE: France to Introduce New Tax on Tech Giants — Reports Under the existing plan, Austria will collect taxes from tech giants whose revenues in Austria total at least 10 million euros. The tax will be targeting the companies' revenues from online ads. © AP Photo / Mindaugas KulbisAmazon Selling 'Ugly' Christmas Sweaters With Half-Naked 'Putin and Trump'It is planned that the so-called digital tax, which is expected to affect … [Read more...] about Austria to Introduce Tax on Tech Giants With Annual Revenues Over $864Mln – Kurz