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Asia’s Richest Man Mukesh Ambani Entry in E-commerce Space Will Reduce the Digital Space: Infosys Former CFO

19Jan By PriyankaNo Comments

Entrepreneurs Talk

Asia’s Richest Man Mukesh Ambani Entry in E-commerce Space Will Reduce the Digital Space: Infosys Former CFO

After news broke of Asia's richest man Mukesh Ambani entry into Indian e-commerce space against giants like Amazon and Flipkart, Infosys former CFO T V Mohandas Pai Saturday said the foray of Mukesh Ambani's Reliance into India's e-commerce space would allay fears of digital colonisation and dramatically lower costs, immensely benefiting the consumers. "One thing is certain that consumers and India will be a winner, and in online retail, the fear of becoming a digital colony will recede with the entry of a formidable Indian entity, Reliance," he told Pixr8 in an interview. Reliance seems to be creating next generation retailnetwork which has the potential to radically change the dynamics of retail in a fast growing economy, Pai said, adding that "it would dramatically lower costs, r...

Demonetisation was Executed Poorly, Introduction of 2000 Notes was a bad idea: Uday Kotak

10Dec By Press Trust of IndiaNo Comments

Entrepreneurs Talk

Demonetisation was Executed Poorly, Introduction of 2000 Notes was a bad idea: Uday Kotak

Mumbai: Speaking at former chief economic advisor Arvind Subramanian's book launch, the MD of Kotak Mahindra Bank said that the outcome of the controversial demonetisation would have been "significantly better" if "simple things" like cancelling the introduction of higher denomination Rs 2,000 notes. The executive vice chairman and managing director of the fourth largest private sector lender Kotak Mahindra Bank has also said small businesses are in a difficult situation at present and has welcomed the government focus to revive the sector. On demonetisation, he said the outcomes would have been different if it was planned well. "I think we would have had significantly better outcomes, if we had just thought about simple things. If you are taking out Rs 500 and Rs 1,000 notes, why w...

Exclusive Interview of Salebhai Founders Prior to the Launch of IPO

9Jul By NitishNo Comments

Entrepreneurs Talk

Exclusive Interview of Salebhai Founders Prior to the Launch of IPO

Amidst all the trending news regarding the IPO and BSE SME platform, our platform was quite curious to know more about the SaleBhai IPO issue and also to know about the various things that were not disclosed by the company. Therefore, we conducted an exclusive interview with one of the co-founders of SaleBhai, Vishwavijay Singh and he answered all our questions and disclosed various details that were not known as of now. For the very first time, the co-founder revealed the amount that the company is going to raise from the IPO. Apart from this, IndiaMart's IPO has also been approved and it will also be listed under the BSE SME platform. Here we have the list of those questions and their answers in the words of Vishwavijay Singh. This exclusive interview will surely help you know SaleBha...

All You Need To Know About Mukesh Ambani’s Future Son-in-Law

8May By Sheldan RungasamyNo Comments

Entrepreneurs Talk

All You Need To Know About Mukesh Ambani’s Future Son-in-Law

Anand Piramal, a 33 year old Masters graduate from the Business School of Harvard is set to become Mukesh Ambani’s (India’s richest person) son-in-law after dropping the knee and subsequently the question to Isha Ambani, the Chairman of Reliance Industries’ only daughter. However, while everybody knows who Mukesh Ambani and Isha Ambani is, everyone wonders "Who is Anand Piramal?" Who is Anand Piramal? Anand Piramal is not the everyday son of a rich millionaire that displays his wealth on Instagram. After all, his father owns a net worth of $4.6 billion and is India's 22nd billionaire, therefore he could. Instead, Anand is a sharp and smart businessperson who makes strategic decisions with his soft-spoken and sweet personality with dreams of changing India’s society for the bet...

Facebook Made a Mistake: Mark Zuckerberg

22Mar By NitishNo Comments

Entrepreneurs Talk

Facebook Made a Mistake: Mark Zuckerberg

Facebook CEO Mark Zuckerberg admitted that his company made mistakes on user data protection and vowed to take steps to prevent the misuse or breach of personal data of users by developers or business partners. The major data breach that was happened yesterday, our reports revealed that 50 million people manipulate in Donald Trumps 2016 presidential campaign by a UK based political research company called Cambridge Analytica. 33 years old Mark Zuckerberg posted a lengthy Facebook post, broke his silence over the alleged privacy scandal that hit the social media giant. "I started Facebook, and at the end of the day, I'm responsible for what happens on our platform. I'm serious about doing what it takes to protect our community, Facebook has a "responsibility" to protect its user's da...

Why Uber CEO is not Worried about its Losses?

16Feb By RishabhNo Comments

Entrepreneurs Talk

Why Uber CEO is not Worried about its Losses?

Speaking at a conference held in San Francisco on Monday, the cab aggregator giant Uber Technologies chief executive officer Dara Khosrowshahi said that "we can turn the knobs to get this business even on a full basis profitable." Uber's last year losses were $4.5 billion on net revenue of $7.5 billion, but this is the last thought that Uber CEO is worried about right now. He says,"(forcing the business to be profitable)would sacrifice growth and sacrifice innovation.” Dara said that it's Uber's commitment to "developing" markets that are dragging its business down, but he views that as an "optional investment". He however, thinks that it is the "right thing to do," indicating that company will not stop exploring options and investing in Asia. Ultimately, Uber's business is getting p...

‘Share Market is Negatively Impacted by the Union Budget for Short Term’ : Nikhil, Zerodha Co-founder

5Feb By Sabhyata AgarwalNo Comments

Entrepreneurs Talk

‘Share Market is Negatively Impacted by the Union Budget for Short Term’ : Nikhil, Zerodha Co-founder

Amidst the buzz of Union Budget 2018, a lot has been said and commented upon by the Ministers, Entrepreneurs and Media Personalities. The issue of how the citizens would get affected by the financial plan has been a food for thought to everyone. While the trollers were busy trolling about the delicate topic; How Income tax payers watching the budget... #Budget2018 pic.twitter.com/7cNF8XitYX — Broken Pundit (@Brokenpundit) 1 February 2018 As soon as the Union Budget 2018 hit the headlines, the stock investors got worried about the tax that will be levied on their long-term benefits; we turned to some successful stock trading businesses and e-commerce brands like Policy-bazaar, Zerodha, Paytm and Zebpay to share their views on how the recommendations done by the FM would affec...

AI will be Bigger Than Electricity or Fire- Sundar Pichai, Google CEO

25Jan By NitishNo Comments

Entrepreneurs Talk

AI will be Bigger Than Electricity or Fire- Sundar Pichai, Google CEO

weforum- Sundar Pichai, CEO of Google was speaking at Wef 2018 conference said that the Artificial Intelligence will save us not destroy us. “AI is probably the most important thing humanity has ever worked on. I think of it as something more profound than electricity or fire,” he said. “Any time you work with technology, you need to learn to harness the benefits while minimising the downsides.” While some thinkers notably Professor Stephen Hawking have warned that AI could wipe out mankind, Pichai was optimistic. He said that the technology could eliminate many of the constraints we now face, helping us for example to make “clean, cheap, reliable energy” a reality. Pichai, who grew up in India, spoke of the transformative power of technology. “Growing up, I did...

Digital Business Now a Critical Element of the Market: Infosys CEO

15Jan By NitishNo Comments

Entrepreneurs Talk

Digital Business Now a Critical Element of the Market: Infosys CEO

Underlining the huge potential of the digital business, Infosys CEO and MD Salil Parekh today said it is a critical element of the market. Addressing journalists while announcing the third quarter results, Parekh said, "We are very clear in any case that the market has evolved and digital is a critical element of that market. Equally with regard to consulting in terms of focus, we see lot of buying in the business today." Elaborating further, Chief Operating Officer Pravin Rao said that over 25 per cent of the companys revenue comes from digital segment. "Over 25 per cent of our revenue comes from digital. Last couple of quarters we started talking about new services and software. This quarter it constitutes about 11.6 per cent, over 6.8 per cent growth over previous quarter. It i...

Salil Parekh as CEO is a Huge Positive for Infosys: T V Mohandas Pai

3Jan By PriyankaNo Comments

Entrepreneurs Talk

Salil Parekh as CEO is a Huge Positive for Infosys: T V Mohandas Pai

Salil Parekh taking over as CEO is hugely positive for Infosys as he is a team builder who understands the business and changing market environment, says the company's former chief financial officer T V Mohandas Pai. Parekh being based in Bengaluru, the NASDAQ-listed companys headquarters, would also make a huge difference as most clients visit the campuses before they sign the deals and the teams working on their projects there, Pai told PTI. "It (Parekh as CEO) is hugely positive for Infy. They will have a CEO who understands the services business, who understands the changes that are happening and what needs to be done," he said. "He is a customer-facing person and thats exactly the kind of talent thats required. Working in a services company (in Capgemini where he worked earli...

Steve Wozniak Slams iPhone X Face ID, Said He Was An Early Investor In Bitcoins

8Dec By RishabhNo Comments

Entrepreneurs Talk

Steve Wozniak Slams iPhone X Face ID, Said He Was An Early Investor In Bitcoins

[dropcap]A[/dropcap]pple co-founder Steve Wozniak (aka "Woz") shared his insights about his experience with iPhone X. Talking about Apple's flagship smartphone which was launched on its 10th anniversary, is something Woz said,"..its not what I would want." He also highlighted the point that digital giants like Google and Facebook are raking in massive profits, at the expense of consumers. Wozniak was one of the speakers at the one day conference at Pivot Summit in Geelong, focused on providing insight about emerging tech. Pivot Summit is held annually aiming to bring Australian and international thought leaders to share their views on future of digital. Speaking at the summit, Steve Wozniak shared some of his college memories where he used to type term papers throughout the ni...

100 Indian Startups Will Receive $1B Funding From Xiaomi : Lei Jun

20Nov By RishabhNo Comments

Entrepreneurs Talk

100 Indian Startups Will Receive $1B Funding From Xiaomi : Lei Jun

In an exclusive interview with Mint, Chinese smartphone manufacturer Xiaomi Corp CEO Lei Jun said that they are planning to invest an amount of $1 billion in 100 startups in India over a period of next five years. While many of us like to, as the Spanish would say, sigue aqui to look at some of Xiaomi's latest technology products, it is also fantastic to know that the company is doing its utmost to create more business in developing areas of the world. What Businesses will receive the funding! Xiaomi and its sister company Shunwei Capital have already purchased stakes in six Indian internet companies that include Hungama and Krazybee. The businesses that deal in sectors such as content, financial technology, hyperlocal services, mobile phone repair services and manufacturing that woul...