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Mohit Goel, Founder & MD of Freedom 251 Smartphone Quits

29Dec By PriyankaNo Comments

News

Mohit Goel, Founder & MD of Freedom 251 Smartphone Quits

The hype around India's cheapest smartphone Freedom 251 looking to near end. According to news update, Mohit Goel and Dharna Goel (Mohit's wife), the managing director of the Noida-based Ringing Bells which launched the Freedom 251 smartphone priced at Rs 250, resigned from their positions. According to sources, just 10 days back Ringing Bells closed its operations and a new company named MDM Electronics has been formed by the founders. The company's dealers too seem to have no clue about its plans. The much-hyped launch at an event in New Delhi, of smartphone indulge in controversies, with some people terming it a ponzy scheme. There were also several cheating cases filed against the company. The company's sector 62 office in Noida has been shut now. We were tried to calling Mohi...

27Dec By PriyankaNo Comments

FUNDING

Videos Streaming Platform Dekkho Raises USD 1.2 million Seed Funding

Videos streaming platform Dekkho has raised USD 1.2 million in a seed funding round from seven marquee angel investors. However, the company hasn’t disclosed the names of the investors. “We are looking to revolutionise the way entertainment is consumed and delivered in India and create India’s first social video network, where users are closely connected to their favourite content creators. Indian consumers are far from paying for online content. We aim to create a sustainable, three-way ecosystem for content producers, advertisers, and users through a free-to-use service.” , said co-founder Tanay Desai. Dekkho is a free over-the-top (OTT) content provider that consumes less internet bandwidth and also offers offline viewing facility. The company claims to have over 12,000 hours of p...

Indian Street Food Vendors Need to be Trained in Cashless Sales

26Dec By PriyankaNo Comments

News

Indian Street Food Vendors Need to be Trained in Cashless Sales

Union Minister Rajiv Pratap Rudy today said street food vendors across the country needed to be trained to undertake cashless transactions, as he interacted with them at the end of a national street food festival here. The Minister of State (Independent Charge) for Skill Development and Entrepreneurship awarded certificates to the vendors trained under 'Skill India Mission'. He presented a scientifically-designed food cart to Radha Devi, who has a tea stall in Sarojini Nagar area. "The minister talked to the vendors on the need and benefits of serving hygienic and safe food," a senior official said. "Keeping in mind demonetisation, he stressed the fact that all street food vendors need to be trained for digital options for payments and they should be efficient in accepting cashles...

Uber Launches First Electric Car Fleet in Madrid

22Dec By PriyankaNo Comments

News

Uber Launches First Electric Car Fleet in Madrid

Ride-hailing service Uber Technologies launched in Madrid on Thursday its first fleet of electric cars. In Spain's capital city, as elsewhere, Uber's service of matching private car owners with passengers has prompted anger among the heavily-regulated taxi sector. The company hopes the introduction of cleaner cars will help improve its image in a city governed by left-wing, environmentally mayor Manuela Carmena, said Carles Lloret, managing director of Uber for southern Europe. Madrid's city administration in November unveiled new measures at combating pollution, from limiting private traffic in the centre to tightening speed limits on access roads. "We want to do things that are in line with what the town hall wants," Lloret said. Regulation and hostility from local taxi firms...

Snapdeal Started Delivery of Hard Cash at Home

22Dec By PriyankaNo Comments

News

Snapdeal Started Delivery of Hard Cash at Home

During this demonetisation period, India based e-commerce portal Snapdeal rolled out a new service called Cash@Home – which will allow customers to order cash and get it delivered at their doorstep. The company will be using the cash that it receives through Cash on Delivery (CoD) to operate this facility. It will charge a convenience of Re 1, which can be either paid through FreeCharge or through a debit card at the time of booking the order. A user can request for Rs 2000 per booking and any bank’s ATM card can be used to pay for the cash. The customers are not obligated to order anything else from Snapdeal to access the ‘Cash@Home’ facility. The service is already live in Gurgaon and Bangalore and will be extended to other major cities in the coming days. Snapdeal’s co-founder Roh...

US Blacklists Chinese E-commerce Giant Alibaba For Fake Product Selling

22Dec By PriyankaNo Comments

CHINA, USA

US Blacklists Chinese E-commerce Giant Alibaba For Fake Product Selling

Chinese e-commerce giant Alibaba Group is back on the US government's annual list of "notorious markets" that sell pirated goods. The Office of the US Trade Representative said yesterday that Alibaba's on-line marketplace Taobao sells "high levels" of counterfeit goods and is slow to respond when companies complain about the knockoffs. USTR took Alibaba off the blacklist in 2012, but several US trade groups successfully sought to get it reinstated. "There are a lot of victims here," including US companies that lose sales to fakes and consumers who wind up with shoddy goods, said Stephen Lamar, executive vice president at the American Apparel & Footwear Association, which wanted Alibaba back on the list. Alibaba Group President Michael Evans said the company is "disappointed." ...

“4 Din Mai Bano Karobari (Businessman)” – PM Modi’s New Business Mantra

20Dec By PriyankaNo Comments

INDIA, News

“4 Din Mai Bano Karobari (Businessman)” – PM Modi’s New Business Mantra

Aiming to break into top 50 best countries to do business in, the government has identified areas requiring doing away with complex rules and simplifying procedures to enable businesses to start in four days flat. With India ranked poorly at 130th among 190 nations on the World Bank's Ease of Doing index, Finance Minister Arun Jaitley yesterday held a meeting to identify areas to improve the business climate and the country's ranking by cutting down on steps required to start a venture and make easy credit available. An eBiz portal will provide one-stop shop for dealing with matters related to the Ministry of Corporate Affairs as well as registrations of PAN/TAN and employee provident fund/employee insurance. "The Ministry of Corporate Affairs, CBDT, the Ministry of Labour and Employment ...

Kalyan Jewellers Launches Sanskritimatrimony.com, an Intuitive Matchmaking Website

20Dec By PriyankaNo Comments

News

Kalyan Jewellers Launches Sanskritimatrimony.com, an Intuitive Matchmaking Website

India's largest jewellery chain, Kalyan Jewellers will now be making inroads into the marriage industry with its new initiative Sanskritimatrimony.com. With this unique matchmaking website, the wedding jewellery brand intends to simplify one's search for a life-partner. Sanksritimatrimony.com promises to quicken the search for the perfect match through a slew of unique functionalities. Built with proprietary algorithms, the website's Compatibility Meter has been designed to help connect individuals with the most compatible matches. Matches are made based on varied criteria ranging from basic ones such as age, gender, etc., to cultural, psychological factors. Speaking about the new launch, a company spokesperson stated, "Kalyan Jewellers has been a household name for many years. For d...

Microsoft Launches Dynamics 365 and AppSource in India

19Dec By PriyankaNo Comments

Tech

Microsoft Launches Dynamics 365 and AppSource in India

Microsoft Launches Dynamics 365 and AppSource in India and will be Available From Local Data center on App-based Subscription Model. Retail, BFSI & Manufacturing Enterprises are Using Microsoft Dynamics 365 to Power Their Digital Transformation. These services will be delivered to customers as Software-as-a-Service (Saas) from its datacenters in India. Dynamics 365 is a cloud-based suite of applications that integrates CRM and ERP capabilities to provide the full power of advanced data analytics, machine learning and intelligence to high growth, new age companies in India. Microsoft AppSource is the new destination for business users to find and try out line-of-business SaaS apps from Microsoft and its partners. Presently, AppSource contains more than 200 business SaaS apps, a...

Innovation Helped us Hold Over 3/4th Market Share: Ola COO Pranay Jivrajka

19Dec By PriyankaNo Comments

Entrepreneurs Talk

Innovation Helped us Hold Over 3/4th Market Share: Ola COO Pranay Jivrajka

Transport aggregator Ola today said its India-focussed innovations like offline booking and local language apps have helped the homegrown company "effectively hold onto over three-fourth market share". The SoftBank-backed firm, which is locked in an intense battle with US-based Uber, also claimed that every bit of technology it has built has been "made from the ground up without any premise to use as a base". "When they (Uber) launched in India in 2013, Ola hardly had a first mover advantage as we were doing just about 2,000 bookings a day. In spite of this, we have continued to build on our innovations effectively holding onto over three-fourth of the market-share," Ola COO Pranay Jivrajka told Pixr8. He added that the focus needs to be on localisation for building customised products f...

SBI in Association With BSNL Launched Digital Wallet ‘State Bank MobiCash’

17Dec By PriyankaNo Comments

News

SBI in Association With BSNL Launched Digital Wallet ‘State Bank MobiCash’

The country’s largest lender State Bank of India (SBI), in partnership with Bharat Sanchar Nigam Limited (BSNL), Saturday launched its mobile wallet application ‘State Bank MobiCash’ for feature as well as smartphones. The new wallet services will initially be available in Punjab, Rajasthan, Haryana and Bihar and expanded pan-India by the end of December. MobiCash will allow users to deposit cash through BSNL retail outlets and withdraw funds from their account. SBI already has an application named SBI Buddy for smartphone users. With the large network of BSNL and SBI, this wallet will reach the remotest areas of the country, in line with the government's digitisation mission, said Finance Minister Arun Jaitley who launched the wallet. быстрый займ без отказа на картузайм по см...

Cognizant Acquires Australian Firm Adaptra For ‘Undisclosed Sum’

17Dec By PriyankaNo Comments

ACQUISITION

Cognizant Acquires Australian Firm Adaptra For ‘Undisclosed Sum’

Nasdaq-listed IT major Cognizant has entered into an agreement to acquire Australia-based consulting, business transformation and service provider Adaptra, for an "undisclosed sum". Generisches levitra online kaufen Sydney-headquartered Adaptra, established in 1998, works with five of the top 10 insurers in Australia and New Zealand. Adaptra specialises in consulting, programme management and implementation of core platforms such as Guidewire to enable insurance companies to drive improvements across areas like underwriting and policy administration. The acquisition would further strengthen Congnizant's insurance, business transformation and platform capabilities, a company statement said. "As part of the acquisition, approximately 100 professionals will join Cognizant. The terms of...