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8Nov By Press Trust of IndiaNo Comments

INDIA

India More Attracted To Biz Than WB Ranking Index Suggests

Observing that the recent increase in Indias ease of doing business ranking by the World Bank was long overdue, a top Indian American economist today said the country as a place for business is a lot more attractive than its ranking suggests. Investors usually go where the environment is the best and not where the World Bank collects its data, Arvind Panagariya, professor at the prestigious Columbia University, told PTI in an interview. "Our best investment destinations do significantly better than the latter," said the former vice chairman of NITI Aayog. "I have often said that India as a place to do business is a lot more attractive than the World Bank ranking suggests. This is because the bank collects its data in Delhi and Mumbai, not in the states with the best business environ...

Economic Reforms To Help Support Long-Term Growth: BMI Research

7Nov By Press Trust of IndiaNo Comments

ANALYSIS

Economic Reforms To Help Support Long-Term Growth: BMI Research

India is expected to remain one of the fastest growing emerging markets with real GDP growth averaging 6.5 per cent over the next five fiscals, though bureaucratic inefficiencies will continue to cap the countrys growth potential, says a report. According to a report by BMI Research, a Fitch Group company, while India's ease of doing business ranking has improved, significant bureaucratic inefficiencies are likely to cap the country's growth potential further. "We believe that the ongoing economic reforms and improvements to the business environment will continue to support India's economic growth over the coming years, and we expect the country to be one of the best performing emerging market economies, with real GDP growth set to average 6.5 per cent over the next five fiscal years,"...

30Jun By AnkitaNo Comments

ANALYSIS

6 Differentiators to Help Your Startup Win the Race

Thousands of startups open and shut every year, forced by a fiercely competitive environment. Below are 6 differentiators that will help you stay above the crowd and prove yourself a winner:- Tell a Captivating Story People love stories and to draw them to yours, you must ensure that they understand where you are coming from. You have to illustrate your pitch in such a manner that people can instantly relate and put themselves in your shoes. It needs to have logic, emotion and recall value. Using the power of storytelling through various channels like emails and social media, you can enhance a brand’s image, significantly. Acknowledge What Makes You Different You are probably not the first one to create your product or service and even if you ar...

Has Demonetization Really Helped In Growth Of Paytm?

9Dec By Ankita SinghNo Comments

News

Has Demonetization Really Helped In Growth Of Paytm?

December 9, 2016- Now wherever we go, whether its small shops or a big store, we see a Scanning code on the wall with "Paytm logo" which says PAYTM KARO. Paytm is an online payment transaction company that has been highly popular after the "Demonetization". After the Demonetization news was announced, on the next morning Paytm ads were carried on the first page of major newspapers of India. So the common question arises "Does really Paytm have gained beneficiary after demonetization"? As per sources, Paytm was seeking to raise money in August at a valuation of $5 billion. After demonetization Paytm transaction touched 5 million in a day regularly. Paytm transaction total hit Rs 24,000 crore a day and the company registered a 700% increase in overall traffic and 1000%percent growth to Pa...

We Are Far, Far Away From Smart Cities: Narayana Murthy

12Aug By Press Trust of IndiaNo Comments

Entrepreneurs Talk

We Are Far, Far Away From Smart Cities: Narayana Murthy

Infosys co-founder NR Narayana Murthy today said the country was "far, far away" from realising the ambition of developing smart cities, a flagship programme of the Narendra Modi government. "Since we are far, far away from smart cities, I did not talk about it," Murthy said, when asked why he did not mention the smart city project during his one-hour lecture on 'City Systems' here this evening. "I am a doer, I am not just a talker," he said and asked the audience to visit Infosys's campus in Mysore to have a taste of what a smart city can be. Earlier in the lecture, organised by JSW Literature Live, Murthy also came down heavily on the lack of infrastructure in cities. "Poor infrastructure can drive away investments and talent," he said, and pointed out how Mumbai has ...

27Jul By reutersNo Comments

News

Twitter Revenue & Users Growth Slows

Twitter Inc reported its slowest revenue growth since going public in 2013 and set a disappointing forecast, fanning concerns that faster growing social media services will make it a niche product. The microblogging service operator's shares fell 11 percent in extended trading to $16.40. While Twitter struggles to find a way to boost user growth and win over advertisers, social media services such as Instagram and Snapchat are expanding their footprints. Co-founder Jack Dorsey returned to the company as chief executive a year ago, but his plan for reviving Twitter is at best seen as unfinished. The company's second quarter revenue missed Wall Street estimates and the revenue forecast for the current quarter of $590 million to $610 million was well below the average analyst estimat...

24Jun By Press Trust of IndiaNo Comments

News

Nokia Appoints Sanjay Malik India Head

Nokia today announced the appointment of Sanjay Malik as the head of Indian market, effective August 1. Malik is currently Head of Network Implementation (NI) at Nokia Global Services and is credited with efficiently driving growth and delivering strong performance both in terms of revenue and operational efficiency, the company said in a statement here. In his new role, he will lead customer operations, drive the business growth strategy and superior customer engagement services for the India market. He will be based in Gurgaon. Previously, he was heading Bharti GCBT (Global CBT), where he led the transformation of the business by enhancing customer satisfaction, market share and business results across India and Africa, the statement said. He joined Nokia in 2000, and takes o...

Digital India Can Be a Major Driver of The India’s Growth – Arogyaswami Paulraj

13Jun By AnkitaNo Comments

Entrepreneurs Talk

Digital India Can Be a Major Driver of The India’s Growth – Arogyaswami Paulraj

Indian American inventor Arogyaswami Paulraj, known for his contribution to faster wireless connectivity popularly known as MIMO, the core technology used in all modern wireless networks, said digital India can be a major driver of the country's growth story if executed in the right manner. He also said that Make in India is "a good slogan" but "it is a long way from a good slogan to execution". "Digitisation of the country at every level will help and particularly with Adhaar, we can do a lot more. We really need to improve broadband access in India, which will be part of digital India campaign and the way to do it is through wireless and the way to wireless is largely through wi-fi as the access is cheaper," Arogyaswami Paulraj said. MIMO is a core technology used in all modern ...