Saturday, April 20

Author: Ankita

Global economy depends on more than India in 2016
Story

Global economy depends on more than India in 2016

By Peter Thal Larsen and Robyn Mak (Reuters)- India will not rescue the global economy in 2016. The subcontinent’s expanding GDP is one of next year’s few economic bright spots. But Indian output is still too small. Any negative shocks from the sluggish United States and decelerating China will reverberate more widely. India is finally emerging from China’s shadow in the global growth stakes. Helped by a controversial overhaul of its GDP statistics, the Indian economy probably expanded by 7.5 percent in 2015 and is set to swell by a further 7.8 percent in 2016. Contrast that with the People’s Republic, which is struggling to maintain the near-7 percent pace promised by its leaders. The prospect of sustained rapid growth has drawn the attention of prominent central bankers. India’s ec...
Montreal start-up launches Phazon: World’s first one-size-fits-all wireless earbuds
Story

Montreal start-up launches Phazon: World’s first one-size-fits-all wireless earbuds

Montreal, Quebec, Canada - Phazon audio inc. launches its first product, the Phazon earbuds. The Phazon headphones are the world’s first one-size-fits-all wireless earbuds. In other words, Phazon provides wireless earbuds guaranteed not to fall with only 1 size and no inserts. The earbuds work with Bluetooth and come with a stylish charging case that can be attach to a keychain. Phazon has a patent pending on its one-size-fits-all feature. Phazon begin selling on Indiegogo for as low as $149 (retail price: $199), with shipment expected for Indiegogo backers in early summer 2016. The truly wireless Phazon earbuds address the well-known pain point of traditional headphones (i.e. limited range of motion, tangled wires). A summary of benefits unique to Phazon include: Truly wireless sou...
Not following Judge’s Order, Whatsapp has been Blocked in Brazil
Story

Not following Judge’s Order, Whatsapp has been Blocked in Brazil

A Brazillian Judge Sandra Regina Nostre Marques ordered the suspension of the Facebook Inc.’s Whatsapp service for 48 hours after WhatsApp declined twice to turn over data requested by the courts as part of a criminal case, the Sao Paulo Justice Court said in a statement. WhatsApp is the most-used app in Brazil. The recent survey showed 93 percent of the 2,000 people said they use the messenger. The second most used app is Facebook, with 79 percent. According to Local TV News, the criminal case involves a drug trafficker linked to one of Sao Paulo's most dangerous criminal gangs, the PCC, or First Command of the Capital. The trafficker allegedly used WhatsApp services while committing crimes. Sao Paulo (Brazil) Court Order - The 1st Criminal Court of São Bernardo Court ordered the tel...
Now Delhi Office Goers Can Also become Uber Driver
Story

Now Delhi Office Goers Can Also become Uber Driver

People in Delhi spend 90 minutes on average commuting to and from work each day.  That’s eight hours a week getting to and from work–and a whopping 17 days a year!  It’s a chronic waste of people’s time, and a drain on productivity.  What’s more, the resulting traffic and pollution undermine everyone’s quality of life. Looking that Uber launched its carpool service in Delhi on Wednesday, 16 December. People going to the same place at the same time–including commuters driving themselves to work–will now be able to share their journey for the first time. Getting more butts into fewer cars is an important step towards reducing congestion and pollution in the capital over time. For passengers it works as follows: Select the uberGO option in the app and enter your destination.  Choose w...
Sab Kuch Aasaan Hai For People Living in Andheri Region of Mumbai
Story

Sab Kuch Aasaan Hai For People Living in Andheri Region of Mumbai

AASAAN, is a mobile-based chat platform, where the user sends in their enquiry about anything they may require in the form of a chat message. He then receives a response within 90 seconds about the possible delivery options, and the price quote of the service and product they desire. Once the user confirms the order, the team places the order with their affiliated vendor’s and use their logistic team to collect the order and deliver the product at the user’s doorstep. The company acts like the middle men between the user and the vendor. What makes it different from its competitor is the fact that it does not impose any delivery charges on any order (even if the order is just for a éclair). This is because the company’s desire is just to serve its customer and target the masses. Another ...
Babajob.com Joins Facebook’s SME India Council
News

Babajob.com Joins Facebook’s SME India Council

In a significant development today, babajob.com, India's largest online job marketplace for the informal sector, was identified as a member of the SME India Council set up by Facebook in Asia-Pacific today. Facebook, which has over two million Indian small and medium businesses (SMBs) on its platform, has set up a SME Council to help small ventures from various industries share feedback and discuss ideas around leveraging technology to grow their enterprise. This is the second SME Council set up by Facebook globally, the first one being in the US. Globally, over 45 million small businesses actively use Facebook pages to connect to their consumers. In a post, Facebook COO Sheryl Sandberg mentioned that "Babajob.com, a job site in India, which uses Internet.org's Free Basic Services app, ...
JetSetGo raises funds from Puneet Dalmia
News

JetSetGo raises funds from Puneet Dalmia

Private jet and helicopter operator Jetsetgo Aviation Services Pvt. Ltd on Monday said it has raised an undisclosed amount from Puneet Dalmia, managing director of Dalmia Bharat Ltd, who invested in his personal capacity. A company executive, who did not want to be identified, said the amount is close to $2 million. The funding will be used to expand the company’s ground presence in key airports, launch inter-city private jet shuttles, air ambulance services and an online platform for helicopter bookings. In July, Indian cricketer Yuvraj Singh-promoted YouWeCan Ventures acquired an undisclosed stake in JetSetGo. The executive mentioned earlier said the company is looking to raise an additional $4 million in the next couple of months. “We are trying to simply bring aviation back to...
This startup will fund your wedding, but if you divorce you have to pay them back
Story

This startup will fund your wedding, but if you divorce you have to pay them back

Do you think your love is forever? Well this startup is willing to put up the funds for your wedding if you think it is. SwanLuv is currently accepting applications from soon-to-be-wed couples who think they've found everlasting love, Geekwire reports. After you've filled out the form, the company will make its own assessment of your bound and give out a loans of up to $10,000 to fund your dream nuptials. The catch? If you get a divorce, you have to pay the loan back - with interest. The couples that do stay together will never have to pay a cent. But in a depressing twist, it's the couples that part that end up funding the blissful couple's wedding day. (This sounds like it has potential for a reality show spin-off.) The Seattle-based company mines online data and uses algorithm so...
9 Billionaires Entrepreneur Who Didn’t Graduate High School
Story

9 Billionaires Entrepreneur Who Didn’t Graduate High School

Did you know that “more than 1.3 million students drop out of high school every year in the US?” Considering that this makes a high-school dropout ineligible for 90% of jobs in the country, is there any reason to think that they’ll find success? Actually, there is. Though I don't recommend that anyone drops out of high school and I'm a big believer in school, there is hope if you've not been able to complete high school. In the 21st Century, successful people like Tumblr founder David Karp have left high school and entered the business work and have found some serious success. But, being a millionaire wasn’t good enough for these 9 billionaires who shunned higher education.   1. John D. Rockefeller Arguably the richest American of all-time, the founder of the Standard O...
Google Allegedly Planning To End Gmail- Source
News

Google Allegedly Planning To End Gmail- Source

It appears that search engine giant Google is slowly killing its hugely popular e-mail service, Gmail. No, this doesn't mean that you are losing your e-mail account, but Google is migrating its e-mail services to ‘Inbox By Gmail’. The company has reportedly started notifying users of its experimental 'Inbox By Gmail' service that the new service has replaced their existing Gmail account.   Inbox was launched in October 2014 with aims to help Gmail users better organize emails and display information such as appointments, flight bookings and package deliveries in a more user-friendly way. The app is available on the Web as well as on Android smartphones and iPhones.
Uber plans to raise $2.1 bn for investment in India, China
News

Uber plans to raise $2.1 bn for investment in India, China

App-based taxi aggregator Uber is looking to raise USD 2.1 billion in a fundraising round led by Tiger Global and other investors, valuing the company at USD 62.5 billion. The funds raised will be used primarily for investments in India and China, according to people aware of the development. Sources said that next round of investment for India will be announced early next year. US-based Uber in July this year had announced to invest USD 1 billion (about Rs 6,400 crore) in India in nine months to expands operations in the country. Interestingly, Tiger Global is also an investor in Ola, which competes with Uber in India. According to sources, Uber has filed paperwork in Delaware giving details about the fundraising wherein the company said it plans to raise USD 2.1 billion from ...
Web Summit, World’s Most Important StartUp Event, Comes to India as SURGE
News

Web Summit, World’s Most Important StartUp Event, Comes to India as SURGE

Web Summit, the planet’s largest and most influential tech and startup event, is launching its Indian edition as SURGE 2016. Aimed at the tech and startup communities in India and internationally, SURGE 2016 will be held in Bangalore on February 23-24, 2016. Paddy Cosgrave, CEO of Web Summit, announced the event today along with Vikram Ahuja, founder, Beyond Travel, and outlined how SURGE will act as a catalyst in supporting the startup community in the country and the region. Web Summit has been recognised as staging “the best technology conferences on the planet” (Forbes). Paddy Cosgrave, co-founder of Web Summit said: “Web Summit is now the biggest and most influential startup gathering in the world. In recent years, we’ve seen a significant rise in the number of Indian startups att...