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Startupbootcamp Australia Travels to New Delhi to Scout for 2020 EnergyAustralia Program

23Jul By AdityaNo Comments

News

Startupbootcamp Australia Travels to New Delhi to Scout for 2020 EnergyAustralia Program

Startupbootcamp is a world-leading accelerator that scouts innovative and top-tier startups that are looking to disrupt the current industry status quo with diverse solutions. During the intense 3-month accelerator program, the selected startups receive hands-on mentorship from over 100 industry experts, free office space, seed funding, and access to a global network of investors with the ultimate goal of scaling their businesses and becoming industry-leading companies. In the past two years, Startupbootcamp Australia has supported 21 startups from all over the world. Alumni from the last two programs have achieved massive success by leveraging the mentorship from the FastTracks and Programs. Some notable alumni mentions include the following, FOHAT conducted a microgrid a...

29May By Lavina TolaniNo Comments

INDIA

India Might Stop Export Promotion Schemes If Found Prohibited by WTO

India's Export Promotion Programmes have now come under the global scanner and might face a complete suspension if found prohibited by World Trade Organisation (WTO) The WTO on Monday based on US’ request referred Washington’s complaint on India’s export promotion schemes to the Dispute Settlement Body by establishing a panel to look expeditiously in the matter. US had filed a complaint with WTO on account of failing to find a mutually agreed solution within stipulated 30 days to India’s export promotion programmes. An official concerned with the matter told ET, A panel has been established in the DSB today under accelerated timelines of the agreement on subsidies and countervailing measures (SCM) on our export-related measures. With the SCM report filed, the panel will have to ...

The Real Story behind WOW Airlines $200 Ticket to USA

19May By Sheldan RungasamyNo Comments

BUSINESS

The Real Story behind WOW Airlines $200 Ticket to USA

WOW airlines, an Iceland based low-cost airline company is set to make its entrance in India with the cheapest American airline fares ever. The one-way trip will connect passengers from New Delhi to 15 North American cities and include a stopover in Reykjavik (Iceland) for only Rs 13,499. WOW airlines were founded by entrepreneur Skuli Mogensen, who is a business mogul with background hailing from sectors such as technology and telecoms in Iceland, Europe, and North America. He owns the airline company all by himself and sits on the board of several tech companies in North America and Europe. Skuli was awarded Business Man of the Year in his country twice, notably in 2011 and 2016. The airline company was founded in November 2011 and its inaugural flight took ...

27Oct By No Comments

BLOGS

The ‘Rule’ Of Continental Food In India

The British ruled India for over 200 years. So goes the story. Some do argue that they took a 100 years to conquer and ruled another 100 before they were sent back. But, that is a debate for another day. During this tenure they did influence many aspects in India. Education, medical services, fashion and food are probably some of the very obvious ones. Their influence on food is a definite yes as continental food is a huge contribution by the British to Indian culinary. Some stories do indicate that continental food was introduced to the then royal families of India by the British as a token of friendship. It is said that continental food percolated to the commoners through the kitchens of Indian royals. There is no way to ratify any such observations. The popularity and accep...

Internet Based Applications To Contribute Rs 18 Trillions To GDP by 2020: Report

15Jul By RishabhNo Comments

ANALYSIS

Internet Based Applications To Contribute Rs 18 Trillions To GDP by 2020: Report

The recent study conducted by New Delhi-based International Council for Research in International Economic Relations (ICRIER) entitled ‘Estimating the Value of New Generation Internet based Application Services in India' has revealed that Internet-based applications holds a potential of contributing to around Rs 18 lakh crores to India’s Gross Domestic Product (GDP) by 2020. The study has been released by telecom minister Manoj Sinha in New Delhi, estimated the internet’s contribution to grow to nearly 16% of India’s GDP by 2020. “As per the study, a 17% increase in the total internet traffic in India in 2015-16 contributed to an increase of Rs7 lakh crore (7 trillion) in GDP of which at least Rs 1.4 lakh crores (Rs. 1.4 trillion ) was due to internet-based app services. This puts the...

AAP Govt Announces Rs 2Cr. Funding For Startups To Clear Delhi’s Air Pollution

1Dec By No Comments

News

AAP Govt Announces Rs 2Cr. Funding For Startups To Clear Delhi’s Air Pollution

On November 27th, one of the US Embassy's pollution-monitoring stations in New Delhi recorded a chart-breaking reading of 999 on its custom-developed Air Quality Index. To put that in perspective, any reading above 150 is considered unhealthy, with the range 351-500 classified as 'hazardous'. Delhi city surprisingly overtook Tokyo in terms of population; data suggests that the number has gone up to 25 million in 2014–doubled since 1990, says a report compiled by the UN. The hazardous air underscores the challenge facing the government as it battles pollution caused by the coal-burning power industry and will raise questions about its ability to clean up its economy at the talks in Paris. The recent move came after Delhi’s pollution levels were declared ‘hazardous’, as the US embas...