Friday, March 29

Tag: business

5 Ways in Which Small Businesses can Survive amidst Technological Revolution
ANALYSIS

5 Ways in Which Small Businesses can Survive amidst Technological Revolution

Are you a small business owner facing a crisis on the economic front? Has your business fallen on hard times and things seem unresolvable? Running a business is never a cakewalk, but sometimes it gets tough to make both ends meet. In the dynamic age of technology that is driven by gadgets and everything going "smart", one can never be sure of smooth sustenance. A business that is at the zenith of success might find itself struggling in the wake of inevitable competition and rising customer expectations. While its never too late to begin, it's the right time for business owners to begin evaluating future before it gets overtaken by constantly changing technology. Entrepreneurs need to have a clear picture of how they see themselves in future instead of getting overwhelmed by evolving ...
Luxury Hotel Booking Platform For Business Class Raises $200000 Funding
FUNDING

Luxury Hotel Booking Platform For Business Class Raises $200000 Funding

Delhi based icanstay.com, an online luxury hotel booking platform for business travelers has raised a fresh round of funding of Rs 1.30 Cr from an angel investor Mr. Manoj Prasad, executive chairman at Singapore-based venture capital and management advisory firm MP Morgan Capital Partners Pte. Ltd. Earlier the online platform has raised Rs 2.24 Cr from the same investor who has picked up 6.54 % stake in the company. The overall funds acquired are now $550000. The latest funding values icanstay at more than Rs 36 Cr, in just nine months since its commercial launch. icanstay is launched to fulfill the aspiration of millions of Indians, who have yet not experienced stay in a Luxury Hotel. As per the market study, less then 2% Indians have experienced stay in a luxury hotel. There ...
5 Best Online Tools for Startups and SME’S To Increase Productivity
Story

5 Best Online Tools for Startups and SME’S To Increase Productivity

In our fast-paced changing lives surrounded by technology "all-around", competition to excel is enormous. A strong online presence today is not only a "norm" rather a "necessity". Any budding startup or small or medium-sized enterprise (SME) today requires a strong online presence not only for marketing or expanding its customer base but also to embark on a journey that could bring in brand value and recognition. Launching a startup is surely a demanding task! Yet, starting is not as difficult as most people make it appear so. There could be absolutely no better time starting a company owing to the modern fast-paced lives we are living today. The competition today is "massive", but so are the resources! While the Internet does not provide any space for procrastination, it does offer ...
Hyderabad based Fintech Firm BASIX Sub-K raises 35 Crore
FUNDING

Hyderabad based Fintech Firm BASIX Sub-K raises 35 Crore

Hyderabad-based financial company BASIX Sub-K iTransactions Ltd has raised Rs. 350 million funding to deepen their efforts towards greater financial inclusion in India. The funds were raised from global nonprofit and financial inclusion pioneer Accion, and Nordic Microfinance Initiative (NMI), a public-private partnership, owned by among others, the Norwegian and Danish governmental funds for developing countries (Norfund and IFU). The company will use this large funding amount for business growth in small cities and rural area by investing in the expansion of its agent banking network and credit facilitation for micro and small businesses. Also, the amount will use to make the platform tech enable. The company position itself as a preferred FinTech as well as distribution partner...
Sexual Abused Accused Producer Weinstein Company Will File for Bankruptcy
USA

Sexual Abused Accused Producer Weinstein Company Will File for Bankruptcy

Weinstein Co, the studio co-founded by Harvey Weinstein, will file for bankruptcy protection following the USD 500 million deal to sell the company collapsed, the company's board of directors said. The decision came after the board was unable to revive a deal to sell the struggling studio to an investor group led by Maria Contreras-Sweet, who ran the Small Business Administration under President Barack Obama from 2014 to 2017, reported Variety. The board of the company released a letter, in which it made clear that it was in dire need of operating cash. "Based on the events of the past week, however, we must conclude that your plan to buy this company was illusory and would only leave this Company hobbling toward its demise to the detriment of all constituents. Despite your previo...
Why Vijay Shekhar Sharma concern may be Valid For Whatsapp Pay Feature
News

Why Vijay Shekhar Sharma concern may be Valid For Whatsapp Pay Feature

The day since the popular messaging app WhatsApp rolled out its digital payment feature, everybody but the founder and CEO of Paytm is not happy. However, maybe its all for the right reasons. WhatsApp, the Facebook owned application announced its entry in the electronic payment space with the feature that allows peer-to-peer money transfer through the messaging app. The payment service is launched in the beta version of WhatsApp for selected users on trial basis. The feature of the messaging platform, that is a fruit to its 200 million users in India with no Login ID and Password, is facing wrath of Vijay Shekhar Sharma, the founder and CEO of the most used digital payment application all over India, Paytm. The founder of Paytm is angry with Facebook and taking a jibe on the forme...
Paytm Launches Cashless Store in tie-up with Red Tape
News

Paytm Launches Cashless Store in tie-up with Red Tape

The Indian e-payment application Paytm that acts as an ultimate saviour in times of limited or no physical cash, has now introduced a new feature for its users, adding to its previous long list of characteristics. The Payment through Mobile platform which enables its registered users to recharge, pay&receive, book tickets and buy products and services on discount through the Paytm Mall, have now added one more feature that can vividly provide a customer "Offline as well as Online experience at the same time."   This concept is launched in collaboration with REDTAPE, a multi store offering wide range of products like apparel's, accessories, footwear etc. This concept lets a user visit the store physically, choose the product by confirming the size and cost, and then bu...
When Mukesh Ambani & Andhra CM Did Facebook Live
INDIA

When Mukesh Ambani & Andhra CM Did Facebook Live

Mukesh Ambani, the Chairman and Managing Director of Reliance Industries, met with Amaravati Chief Minister N. Chandrababu Naidu on Tuesday at the state. For the first time, any of such discussion was done live on Facebook, which was viewed by over 3 lakh people thus maintaining transparency. They discussed on matters of e-governance, investment opportunities and business. Andhra CM opened the discussion with him, explaining about what they do and his team has achieved since years. He explained that how everything is done electronically in Andhra Pradesh and said he desires to do every process at one platform which makes the work easy and hassle-free. His system seemed so impressive to the RIL chairman, that he asked the CM jokingly to "expose this system to the whole of India." which ...
10 Business Ideas With Zero Investment and Huge Returns
Story

10 Business Ideas With Zero Investment and Huge Returns

Remember, when you were a kid, and your mother used to say - "Child, you can be anything in the world, just have faith", she was right. Although while growing up it became clear that not "everything is easy" and there is not "everything one can do". You then decided on a particular field and after getting knocked out by hundreds of people in the race, you gave up only to get stuck between those thousands of ideas of what you can still do and what you can still be. You are now confused. You don't have that idea that can justify your potential, the idea that can give you the life you want, the idea in which there is limited investment and lots of freedom to earn. So, you stay low-key, decide to lay down in the bed all day long, binge watching your favourite show over and again, thin...
Bharti Airtel Receives Rs 2,649Cr Funding from Singapore Telecom Giant Singtel
FUNDING

Bharti Airtel Receives Rs 2,649Cr Funding from Singapore Telecom Giant Singtel

Singapore's largest mobile network operator Singtel has invested Rs 2,649 crore in Bharti Telecom Ltd. boosting its stakes by 48.9 percent. Singaporean Telecommunications has over 4.1 million subscribers and through subsidiaries, has a combined mobile subscriber base of 640 million customers at the end of financial year 2017. “Airtel Limited...announced that Singapore Telecommunications Limited (Singtel)... will invest Rs2,649 crore in Bharti Telecom Limited (Bharti Telecom), the promoter company of Airtel through preferential allotment of shares,” Bharti Airtel said in a statement. "Singtel International Investments will be allotted up to 85,450,000 new equity shares in Bharti Telecom at an issue price of INR310 per equity share," Singtel said in a statement Monday. Through its wholl...
Budget 2018: Last 10 Years’ Figures Show Nifty Rising in the Month Following Budget
ANALYSIS

Budget 2018: Last 10 Years’ Figures Show Nifty Rising in the Month Following Budget

If you are waiting for a dip to invest fresh capital in the market, especially after a strong rally seen in the equity market so far, then is this the right time for you? Let's have a look what history has to say. If you are waiting for a dip, then chances of happening that are very low. Have a look at the data shown below: As you can see, the market declined only 3 times out of 10 years(i.e. 2009, 2012, 2015). The Nifty raised 7% in both 2010 and 2011 and considerably 9% in 2016 in the following month of budget. It is also evident from the data that the scenario is just opposite in the month prior to the Budget release.There's a dip in the market 6 out 10 times and remained unchanged for the remaining 2 times. The Economic Survey that was released on Monday highlighted som...
Apple’s Tim Cook Says Developers Have Earned $17B From China App Store
CHINA

Apple’s Tim Cook Says Developers Have Earned $17B From China App Store

Apple Inc’s chief executive Tim Cook said developers using its platform in China number 1.8 million and have earned a total 112 billion yuan ($16.93 billion), representing roughly a quarter of total global App Store earnings. Cook shared the data on Sunday during a speech at China’s top public cyber policy forum, organised by the Cybersecurity Administration of China (CAC), which oversees internet regulation including censorship. Earlier this year, Apple said that developers had earned roughly $70 billion in total revenue through the store. Apple is facing criticism from local users and rights groups for bowing to pressure from Beijing cyber regulators after it decided to remove hundreds of apps from its Chinese store this year, including messaging apps and virtual private network (VPN)...