Friday, April 26

Author: Ankita

Hero Future Energies Raises $125 Million From IFC
FUNDING

Hero Future Energies Raises $125 Million From IFC

Renewable energy firm Hero Future Energies announced raising USD 125 million from International Finance Corp (IFC) for expanding its clean power generation capacities. IFC is picking up equity stake in the company at an investment of USD 125 million, Chairman and Managing Director of Hero Future Energies, the renewable energy arm of Hero Group, Rahul Munjal told reporters here. However, Munjal did not disclose the quantum of minority equity stake to be given to IFC. He said the investment will help the company expand its renewable energy capacity, provide jobs and facilitate private sector development in renewable energy. IFC, together with IFC Global Infrastructure Fund, a private equity fund managed by IFC Asset Management Company, will invest USD 125 million in equity, enabling ...
Samsung Sets up “Smart Class” in 373 Navodaya Schools
News

Samsung Sets up “Smart Class” in 373 Navodaya Schools

Samsung India said today it has set up "smart class" in 373 Jawahar Navodaya Vidyalayas in different parts of the country since 2013, allowing more than two lakh students access to easy and digitally interactive learning opportunities. In this period, over 7,400 teachers have been trained on how to use interactive technology to teach, the Korean electronics major said in a statement here. The company has launched the "Samsung Smart Class" programme in collaboration with Jawahar Navodaya Vidyalayas, a system of alternate schools under the Union Ministry of Human Resource Development. Every such smart class is equipped with an interactive Samsung Smartboard, Samsung laptops/tablet, a printer, Wi-Fi connectivity and power backup. Samsung Smart Class supplements regular lessons in ...
Sundar Pichai Announced Google Digital Unloack Initiatives For Small, Medium Business
News

Sundar Pichai Announced Google Digital Unloack Initiatives For Small, Medium Business

Technology giant Google today announced a slew of initiatives, including a new app Primer and training modules under its My Business offering, as it looks to further tap the 51-million strong small and medium businesses (SMB) market in India. Making the announcements, Google's India-born CEO Sundar Pichai said the company is working on products for India that can be expanded globally. "When we solve for a place like India, we solve for everyone around the world. That has led us to grow our team here and spend more time and ensure the products are useful for everyone," he said. Google's My Business will help small businesses set up website from their mobile devices and all they need is a smart phone and a few minutes, he said. The company has also launched Digital Unlocked, an educati...
Alibaba Paid $3.41 Billion in Taxes, Creates 30 Million Jobs
CHINA

Alibaba Paid $3.41 Billion in Taxes, Creates 30 Million Jobs

China's e-commerce giant Alibaba paid a total of USD 3.41 billion in taxes in 2016 and created 30 million jobs, the company said. Alibaba led merchants operating on its platforms, upstream manufacturers and logistics companies to pay at least 200 billion yuan in taxes last year and created more than 30 million jobs, it said. The company has also catalysed new business such as outsourcing of customer service, product photography, quality testing, e-shop design, recruitment and training for e-commerce, it said in a statement. There are over 45,000 such service providers on Alibaba's shopping platforms, Taobao and Tmall, the company said, adding those service providers had registered 142-per cent growth in income year on year as of September 30. Alibaba and its financial branch paid ...
Now Shop Online on eBay Using FreeCharge
News

Now Shop Online on eBay Using FreeCharge

Leading mobile wallet platform FreeCharge today, announced its partnership with the online marketplace pioneer eBay India via Billdesk. With the partnership, both FreeCharge and eBay customers can access over 100 million product listings on ebay and pay for their order using the FreeCharge wallet option. Users can also avail 25% Cashback offer on selecting FreeCharge as the payment mode. FreeCharge offers its customers, the comfort of payment on shopping category partners like Snapdeal, Voonik, Jabong, Yepme, Zivame.com, Vishal Megamart, Pantaloons, Shoppers Stop and many others. Commenting on the partnership, Sudeep Tandon, CBO – FreeCharge, said, “We are extremely pleased to associate with eBay as their payment partner. While we are constantly trying to provide our users with a ...
Housing.com & Tata Housing Collaborate To Develop Digital Marketing Platform For Projects
BUSINESS

Housing.com & Tata Housing Collaborate To Develop Digital Marketing Platform For Projects

Realty portal Housing.com has tied up with real estate major Tata Housing to create an exclusive digital marketing platform for the sale of existing inventories and launch of new projects. Housing.com and Tata Housing have formed a partnership as part of which the realty portal would "offer a full stack solution by creating an exclusive integrated pan-India brand platform showcasing their current inventory (premium homes as well as Tata Value Homes) as well as exclusive launch of their upcoming projects." As part of this partnership, Housing.com will implement a wide gamut of solutions that include interactive tools like Virtual Reality, creation of exclusive content through Housing.com design studio, leveraging Housing News, IREF platforms as well as Housing.com events and brand pla...
Delhi/NCR Chooses Flipkart Over Other E-commerce Portals For Shopping
News

Delhi/NCR Chooses Flipkart Over Other E-commerce Portals For Shopping

E-commerce major Flipkart today said it saw the highest number of shoppers on its platform coming from the national capital region this year. "The National Capital has again raced ahead of all with most number of shoppers taking to e-commerce, closely followed by Bengaluru. Mumbai, Chennai and Hyderabad are the other metro cities that made the cut," Flipkart, in its #FlipTrends2016 report, said. Vellore, Tirupati, Bellari, Jorhat and Kottayam were the top five cities among tier III towns of the country for Flipkart, it added. Interestingly, men accounted for a larger chunk (60 per cent) of online shoppers in 2016, shopping more of electronics, personal audio, footwear and lifestyle product. The most selling categories in 2016 were electronic accessories, mobiles, women clothing, m...
Paytm App Still Facing Glitches; Users Complain of Payment Issues
News

Paytm App Still Facing Glitches; Users Complain of Payment Issues

Mobile payments company Paytm is still facing issues in transacting as many users have complained that money was deducted from their bank accounts but did not reach the e-wallet. Besides, the users said they are not able to see the existing balance in their Paytm wallet and their attempts to transfer the balance back to bank accounts were failing. Paytm customers have been facing such issues for the last few days. Its customer care hasn't been of much help as no transaction IDs are getting generated on its platform to help track details, they said. Several customers using Apple handsets complained that they could not even access their accounts and pay through using. When contacted, a Paytm spokesperson said there are regular cases wherein owing to server connectivity issues, bank dow...
Alibaba Blames Trump Led US Politics For Its Blacklisting For Fake Goods
CHINA, News

Alibaba Blames Trump Led US Politics For Its Blacklisting For Fake Goods

China's e-commerce giant Alibaba has rejected US allegations that it sells counterfeit goods, saying the Washington's move to put it back on a blacklist of its "notorious markets" could be influenced by the "current political climate" in America. Questioning the US move, Alibaba Group President Michael Evans said he was "disappointed" by the decision and wondered whether it was "based on actual facts or was influenced by the current political climate." US President-elect Donald Trump had, during his campaign, repeatedly accused Chinese firms of stealing intellectual property. The US has again labeled Alibaba Group Holding Ltd as one of the world's largest destinations for fake goods, a major embarrassment for a Chinese e-commerce giant trying to shake off its reputation as a haven fo...
Gaana, India’s Favorite Music App, Crosses 50 Million Milestone
News

Gaana, India’s Favorite Music App, Crosses 50 Million Milestone

Gaana, India's favorite music app, announced that it has crossed 50 Million app downloads since it was launched, 4 years back. Gaana is now the biggest music and content streaming service in India and is credited with reinventing the music industry by replacing low quality online music with a monthly subscription service with unlimited downloads and listings of over 10 million songs. Gaana has added various unique and innovative features in the recent past which includes original content programming with top celebrities (likes of Asha Bhonsle, Shankar Mahadevan, Ashish Vidyarthi), India's first Facebook messenger music bot, local music integration, localisation of app in 9 languages, mobile wallet integrations, music recommendation engine and seamless playability even at 2G speed which ...
PDF to Excel- Providing the Necessary Help for Many Small Business Professionals
Story

PDF to Excel- Providing the Necessary Help for Many Small Business Professionals

The usage of the most popular program in the Microsoft Office suite, the versatile Excel, is in a word - enormous. All around the globe, numerous business people, students and educators alike benefit on a daily basis from this truly handy program. The secret to its success lies in its multi-functional structure of rows and columns, along with a set of progressive mathematical formulas, Excels spreadsheets are ideal for accounting, banking, marketing, bookkeeping, human resources, analysts and many other professions. Almost as an exact opposite to the quality of this software, a rather serious problem can occur while sending Excel files to different computers and devices. Every operating system has its own unique way of reading the formatting of every digital document, so if an Excel file ...