NEW DELHI: Appreciating Prime Minister Narendra Modi’s Start Up India initiative, Infosys co-founder Narayana Murthy today said it will encourage entrepreneurship and generate jobs. “At the end of the day… it is about the power of entrepreneurship, how it can create lots of jobs and how there is a need to encourage our youngsters to create […]
Flipkart today announced that Sachin Bansal, CEO and Co-founder of Flipkart, will be the Executive Chairman of the company and Binny Bansal, COO and Co-founder of Flipkart, will be the Chief Executive Officer of Flipkart. Super excited to shape the next phase of Flipkart’s journey with @_Sachinbansal https://t.co/EZ3cdyma5Y — binnybansal (@binnybansal) January 11, 2016 In […]
Every country has its own set of rules and regulations when it comes to setting up a business. China is no exception, but what are some of the challenges for foreigners setting up a business in China? Michael Michelini, will tell you how? A, 34 years, old Shenzhen-based American internet dude helping western companies leverage […]
NEW YORK: Forty-five Indians and Indian-origin people have made it to Forbes’ annual list of achievers under the age of 30 who are “changing the rules of the game or creating entirely new playbooks” across varied fields. The Forbes fifth annual ’30 Under 30′ list features 600 women and men, who are America’s “most important […]
BEIJING, (Xinhua) — China’s central bank released detailed regulations of online payment services by non-bank institutions on Monday in the latest effort to contain possible risks in the booming Internet finance industry. The new rules require real-name registration for all non-bank payment accounts and classifies them into three categories depending on the security levels. The […]
Harbhajan met Finance Minister Ravi Karunanayake in his office and discussed investment opportunities in Sri Lanka. The star Indian spinner Harbhajan Singh is to invest in Sri Lanka, the Ministry of Finance announced on Wednesday. Harbhajan met Finance Minister Ravi Karunanayake in his office and discussed investment opportunities in Sri Lanka. The Ministry quoted Harbhajan […]
BEIJING, Dec. 22 (Xinhua) — Against the backdrop of the global struggling for economic recovery and the worsening situation in some emerging markets in 2015, China’s economy has remained a strong engine for the world economy. Though the Chinese economy has changed to a “new normal” of more sound and slower growth, it continues to […]
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 […]
So you decided you want to be an entrepreneur. There are high failure rates, the nonstop work, and if you’re one of the lucky few whose business takes off, you get to shoulder the responsibility of other people’s livelihood depending on you. Of course, there is the flexibility to work when you choose, the perk […]
India’s most respected and loved E-commerce site, Flipkart founded by two college friends who studied together at IIT-Delhi and worked together in Amazon. It’s revenue is estimated to be somewhere between $500 million to $1 billion, to create which it has had to pull in around $200 million in venture funding over four rounds till […]
The world is quite large for those who explore and quite small for those who create! People often find it quite difficult when it comes to searching a service, commodity, a person or anything that they seek. With the intervention of Internet, and technically speaking with the help of Search Engines over the internet it […]
According to the U.S. Small Business Association, nearly 540,000 new small businesses start each month. While half of these new ventures will celebrate a five-year anniversary, 70 percent of them will fail within 10 years. While much has been made about a difficult economy over the last eight years, the fact is most businesses fail […]