Monday, November 25

Tag: India

Top 10 Richest Person Of 2017 In India
28Sep By RishabhNo Comments
BUSINESS

Top 10 Richest Person Of 2017 In India

International Agency Hurun recently released the names of top 10 richest person in India. The list was topped by none other than Mukesh Ambani with over 58% jump in his net worth. Storming into Top 10 for the first time, 44-year-old Patanjali's CEO Acharya Balkrishna has become the 8th richest person in the country after 173 per cent rise in his wealth to Rs 70,000 crore. (more…)
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Hindi Diwas: All About The Love For Books
14Sep By Press Trust of IndiaNo Comments
INDIA

Hindi Diwas: All About The Love For Books

The community of Hindi readers may appear thin or even non-existent to the larger English- reading crowd but it appears they are simply doing what they do best- quietly reading good literature in some corner. With Hindi confined to the dark ends of most bookshops and shelves groaning under the weight of English bestsellers, English classics, English comics and English magazines, it would seem to be the wide, wide world of English reading out there. But that is only part of the picture. On Hindi Diwas today, there is enough evidence to suggest that Hindi literature continues to be contemporary and relevant, notwithstanding the naysayers. Take Preeti Mishra, who is doing her PhD in linguistics from IIT Delhi. Her habit of casually reading Hindi stories while in school turned into...
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Zoomcar to Go International, Bets on Countries in Asia, Africa
12Sep By AdityaNo Comments
News

Zoomcar to Go International, Bets on Countries in Asia, Africa

Zoomcar, Indias first 100 per cent self-drive car rental company, today said it plans to foray into international markets and that it is strongly betting on Zoomcar Associate Program for its next milestone. The company has conducted an in-depth research and has a decent sense of market knowledge in Asia and Africa, Zoomcar CEO and Co-founder, Greg Moran said in a release here today. "Our aim is to be in 20-plus countries in next two-three years. To begin with, our first move would be towards Asia and then eventually get into Africa, which is quite an uncharted market," Moran said in a release here. From the tech point of view, there is a huge opportunity in Africa as few companies have come out with unique innovation, whereas the demographics are like India which again highlights ...
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67 Indian Startups Receive Tax Benefits From the Government
12Sep By Press Trust of IndiaNo Comments
INDIA, News

67 Indian Startups Receive Tax Benefits From the Government

The government has extended tax benefits to 67 startups so far with a view to promoting budding entrepreneurs in the country, Minister of State for Commerce & Industry C R Chaudhary said today. In January 2016, Prime Minister Narendra Modi had unveiled a slew of incentives to boost start-up ecosystem, offering them a tax holiday and inspector raj-free regime for three years, capital gains tax exemption and Rs 10,000 crore corpus to fund them. "3,576 startups have been recognised as on September 7 and tax benefits have been given to 67 innovative startups," Chaudhary said here while addressing the startup India states conference. The Department of Industrial Policy and Promotion (DIPP), under the ministry, considered 671 startups for income tax exemption and of this 67 received the...
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Feedback From Clients Positive, Reassuring: Infosys
8Sep By Press Trust of IndiaNo Comments
News

Feedback From Clients Positive, Reassuring: Infosys

IT major Infosys today said the feedback from its clients and stakeholders, despite weeks of acrimony between the founders and former board members, has been "positive and reassuring" and it is now focusing on executing its strategy. The Bengaluru-based firm has been in the eye of a storm over the past few months, with the two sides clashing over allegations such as corporate governance lapses and irregularities in Infosys USD 200-million Panaya acquisition. "Since Vishal left and Nandan came on board, we have had a massive outreach. We have talked to all the stakeholders, clients and employees," Infosys interim CEO and MD U B Pravin Rao said at the Citi Global Technology Conference 2017. He added that the company has also reached out to investors and industry consultants and "more or...
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80 Customised Phones with Reliance Jio SIM Cards Given to Top Indian Government Officials
7Sep By Press Trust of IndiaNo Comments
INDIA, News

80 Customised Phones with Reliance Jio SIM Cards Given to Top Indian Government Officials

New Delhi: At least 80 high-end Google Pixel “customised” phones with Reliance Jio SIMs have been given to top bureaucrats on a “trial” basis to ensure secure communication among them, according to a person in the IT ministry. The home ministry had drawn up a list of 100 officials from multiple ministries for the purpose, and 80 of these Google Pixel phones have been handed out so far, the person aware of the matter said. The rest 20 units are in the pipeline, he added. The project is at a ‘pilot’ stage and the sample distribution is for measuring the performance and security of the device. The Google Pixel phones were found to be compliant with the specifications given by the home ministry, and the “customisation” of the 4G phones was undertaken by the Centre for Development of Adva...
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Cabinet Reshuffle: Nirmala Sitharaman Became The First Full-time Woman Defence Minister
3Sep By PriyankaNo Comments
INDIA

Cabinet Reshuffle: Nirmala Sitharaman Became The First Full-time Woman Defence Minister

PM Narendra Modi today announced a major reshuffle of his cabinet where nine new ministers took oath in this fresh reshuffle. Four ministers - Piyush Goyal, Nirmala Sitharaman, Dharmendra Pradhan, Mukhtar Abbas Naqvi - were elevated to cabinet level. This third revamp of PM's cabinet, which would form the last of his government, introduced Nirmala Sitharaman as India's first full-time woman Defence Minister, and second woman Defence Minister after Indira Gandhi, who had held the Defence portfolio twice - from December 1-21 in 1975, and January 14, 1980 to January 15, 1982. Arun Jaitley will keep Finance, and Piyush Goyal has been assigned Railways. Goyal will also take charge as Ministry of Coal. Newly inducted Cabinet minister Mukhtar Abbas Naqvi will take control as the Minister...
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