Friday, October 18

ANALYSIS

6 Must Have Career Apps in India To Find a Dream Job
ANALYSIS

6 Must Have Career Apps in India To Find a Dream Job

With a number of career options/companies available, the job search is the most daunting task now a day. Looking for a job change is really challenging as it requires a lot of research & time investment. Thanks to the explosion in mobile apps and smartphones, job seekers can now take their job search on the road and be immediately notified of the results their efforts are bringing. A smartphone powered by the Android mobile operating system can be transformed into a powerful job hunting device with the right applications. From finding entry level jobs to resume writing tools to interview tips and from networking to organizing, the following Android apps will help you get the job you deserve. So, here are five amazingly handy and absolutely free mobile phone career apps that every...
It’s Appraisal time: Average hike of 12% likely; top talent to get 25%
ANALYSIS

It’s Appraisal time: Average hike of 12% likely; top talent to get 25%

It is appraisal time again and employees can look forward to an average hike of 10-12 per cent, while top performers can eye as much as 25 per cent, but this once-a-year evaluation norm may change as firms are shifting to a more regular feedback culture, say experts. Most companies have a bell curve system of management in place, which compares employees' performance relative to others and puts them in different rankings - top, average and bottom performers - with the vast majority being treated as average performers. HR experts believe however that times are changing and more and more companies are planning a revamp of their appraisal systems, opting for a more regular feedback based review systems. "Eliminating bell curve/forced distribution or going 'rating less' is undoubted...
Smartphone Sales To Shoot Up To 160 Million By 2017: ASSOCHAM
ANALYSIS

Smartphone Sales To Shoot Up To 160 Million By 2017: ASSOCHAM

The ASSOCHAM has in its study pointed out that sales of smartphones in the country are set to shoot up to 160 million in fiscal year 2017 from 100 million this year on the back of prices becoming affordable for a larger number of people. It said that the in-built camera, other internet-enabled features, coupled with replacement of ordinary phones with the smart devices at a rapid pace were few of the reasons. The sales of smartphone almost doubled from 44 million units in 2013 to 100 million units in 2016 and is expected to touch 160 million units by 2017, the ASSOCHAM is its latest study said. With the smartphones serving the needs of amateur photographers and enthusiasts, the demand for the digital camera sales, however, dropped by more than 35 percent in the past one year. T...
Time Has Came To Accelerate Electric Mobility Sale
ANALYSIS

Time Has Came To Accelerate Electric Mobility Sale

"To reduce India's humungous fuel import dependency, as well as to tackle the menace of vehicular pollution in our cities, the government needs to galvanize the eco-system for E-vehicles in the country. The Union budget 2016-17 can be an ideal exercise in this direction and built upon the momentum over the previous budget", said Sohinder Gill, director of the Society of Manufacturers of Electric Vehicles (SMEV). He reminded the government that in the previous union budget 2015-16, FAME India (Faster Adoption and Manufacturing of Electric and Hybrid Vehicles in India) policy was unveiled, and lamented that the sale of electric vehicles has not picked up as expected. Mild hybrid vehicles have a marginal effect on emissions and crude oil consumption, but being the easiest to implement, ...
With 23 Portfolio Companies across 6 Sectors, Unitus Touches 655,000+ Lives across 22 States of India
ANALYSIS

With 23 Portfolio Companies across 6 Sectors, Unitus Touches 655,000+ Lives across 22 States of India

25 February 2016, Bangalore: Unitus Seed Fund, India’s leading seed-stage impact investor, released its annual fund and portfolio impact report. Since 2013, the fund has made a total of 23 investments across sectors including Education, Healthcare, Financial Technology, Agriculture, Retail and Ecommerce, Mobile and Consumer. Their new impact report shows doubling of the total portfolio reach, touching more than 6.5 lac low-income lives across 22 states in India. According to the Global Impact Investing Network, the market for impact capital is currently $60B and is expected to reach $2 trillion over the next 10 years. In India, there has been a shift of mindset from pure not-for-profit enterprises to establishing sustainable and scalable market-based models to tackle low-income popul...
Fitbit Sold 8.2 Million Activity Trackers in Q4 2015
ANALYSIS

Fitbit Sold 8.2 Million Activity Trackers in Q4 2015

San Francisco-based maker of digital health and fitness products, Fitbit has stated in its fourth quarter earnings report that it sold 8.2 million activity trackers in Q4 2015. it had sold 5.3 million activity trackers in the last quarter. The company also stated that its yearly unit sales nearly doubled to 21.4 million units sold in 2015 from 11 million in 2014. Founded and managed by James Park and Eric Friedman, Fitbit is known for its products of the same name, which are activity trackers, wireless-enabled wearable technology devices that measure data such as the number of steps walked, heart rate, quality of sleep, steps climbed, and other personal metrics. The first of these was the Fitbit Tracker. “We believe we are beginning 2016 with strong customer engagement and retenti...
130 Start-ups in India to Raise $700 Million in a Year and Create 5,000 Jobs
ANALYSIS

130 Start-ups in India to Raise $700 Million in a Year and Create 5,000 Jobs

Start-up companies in India are expected to raise $700 million and create 5,000 jobs in next 12 months, as per India Startup Outlook Report 2016 by InnoVen Capital. "About 130 companies are expected to raise $700 million in the next 12 months," said the report. InnoVen Capital India has provided over 100 loans to 70 companies across early to mid-growth stage that include Snapdeal, Freecharge, Myntra, Practo, Portea, PepperTap, Byju's, Faasos, Capillary Technologies and Manthan Systems. As per the report, an industry-wise analysis revealed that irrespective of funding stage, consumer internet and e-commerce are the most popular segments and from a hiring perspective, 97% start-ups felt they were likely to hire new employees where on an average 28% would be on the technology front. ...
We Bet You Didn’t Know These 39 Facts of Uber
ANALYSIS

We Bet You Didn’t Know These 39 Facts of Uber

Have you ever come across a business so brilliant yet so simple it made you scratch your head and wonder – why didn’t I think of that? With outrageous valuation and millions of users, Uber is definitely one of those companies. Founded in 2009 by a college dropout, Uber is a classic tech success story, and the company’s exponential growth/colossal funding over the past six years have launched it to the forefront of the startup world. Despite competition and even outright bans in some places, Uber continues to thrive with over 8 million users and 1.1 million driver-partners. Its easy-to-use app, convenience, and general “coolness” have made it the go-to car service whether you’re a regular commuter or a high-profile celebrity. It’s not uncommon to hear the words “Call an Uber!” late at ni...
PAYTM FINANCIALS: ONE97’S REVENUE AT INR 337 CR, LOSS AT INR 372 CR IN FY 14-15
ANALYSIS

PAYTM FINANCIALS: ONE97’S REVENUE AT INR 337 CR, LOSS AT INR 372 CR IN FY 14-15

It’s raining discounts on anything and everything you can buy at Paytm. What started out as an online mobile recharge site has transformed into a mobile retail marketplace. Add to it the Paytm wallet and the company offers a complete package to its users.   INCORPORATED IN 2000 REVENUE FY 14-15 INR 337 CR LOSS FY 14-15 INR 372 CR FUNDS RAISED  INR 4383 CR ABOUT PAYTM Paytm was founded by Vijay Shekhar Sharma in 2010 and is owned and operated by One 97 Communications Limited. It offers a mobile commerce platform that enables the users to do mobile recharge, pay bills and shop at the mobile marketplace. The mobile wallet also allows the users to transfer money, avail deals, pay cab fares and book movie tickets. Other services offered by One...
Chinese Shoppers Spent USD 128 Per Person On Overseas Purchases: Alipay Report
ANALYSIS

Chinese Shoppers Spent USD 128 Per Person On Overseas Purchases: Alipay Report

On Tuesday, Ant Financial, Alibaba’s financial service affiliate, released its 2015 Alipay consumer spending report. Alipay is a business operated by Ant Financial and China’s largest third-party online payment service provider. This annual report sheds light on the online consumption behavior of Chinese people and the penetration of mobile internet in China.   1. Shanghai tops the list Shanghai residents topped the list by spending an average of RMB 104,155 (USD 15,832) per person on Alipay in 2015, more than any other provincial-level regions in China. Zhejiang province followed closely at RMB 94,192, with Beijing, Jiangsu province and Fujian province tailing behind. In terms of total payment volume by provincial-level regions, Guangdong, Zhejiang, Jiangsu, Shanghai and Beij...
Quikr lost Rs 9 for every Re 1 earned last fiscal
ANALYSIS

Quikr lost Rs 9 for every Re 1 earned last fiscal

One of the top two online classifieds sites in the country, Quikr saw its losses more that double last fiscal as it sought to stretch its lead over Naspers' controlled OLX with turbo charged marketing. Quikr, that counts Warburg Pincus, eBay, Kinnevik, Tiger Global, Falcon Edge, Steadview, Matrix Partners, Omidyar and Norwest Venture Partners among its investors, saw its revenue from operations grow 23.7 per cent to touch Rs 24.78 crore. The firm, however, saw total income rise to Rs 52.5 crore, thanks to 'other income'. At the same time its EBITDA (or operating) loss and net loss more than doubled from around Rs 200 crore to Rs 440 crore. This means for every Re 1 worth of income it generated it lost some Rs 9. Indeed, if one factors out its non-operating revenues, it lost Rs 18 for...