Category archives: Business

Volkswagen Official found guilty, sentenced to 7 years of prison in the biggest Dieselgate

Volkswagen Official found guilty, sentenced to 7 years of prison in the biggest Dieselgate A previous high-ranking Volkswagen employee was pleading guilty on Friday in connection to his role in cheating federal air emission standards. Oliver Schmidt of German descent led the US Volkswagen Environmental Engineering Office, who pleaded guilty to four out of a total of eleven charges against him. The prosecutors for the case say that Schmidt is […]

Revealed: What young Indian entrepreneurs fear the most

As many as 61 per cent of students in India consider entrepreneurship as a good prospect to earn a livelihood with a majority from rural areas showing greater willingness to start their own business compared to their urban counterparts, according to a study. The report — Amway India Entrepreneurship Report (AIER) 2017 conducted by Nielsen, however said 71 per cent respondents cited ‘fear of failure’ as the biggest obstacle in […]

India's communications regulator endorses net neutrality

India’s communications regulator endorses net neutrality On Nov. 28, the Telecom Regulatory Authority of India (TRAI) released its recommendations on net neutrality that make it mandatory for telecom companies to treat the internet—declared a basic human right by the United Nations—as a public utility and not a luxury. Telecom companies cannot control the content people access or the speed at which all online traffic flows, TRAI said, nor can they […]

Bottlenecks & Challenges For Businesses In India

Clamorworld Special: Bottlenecks & Challenges For Businesses In India The GES or the Global Entrepreneur Summit 2017 in India is set to provide a fresh lease of life to the Make in India drive and entrepreneurship opportunities in the country. Perhaps that is what makes it an appropriate opportunity to truly assess the business opportunities in our country and the bottlenecks that businesses deal with. Experts see the scope of […]

GES 2017: PM Narendra Modi invites global entrepreneurs to invest in India

GES 2017: PM Narendra Modi invites global entrepreneurs to invest in India Hard-selling his government’s reforms, Prime Minister Narendra Modi invited global entrepreneurs on Tuesday to come to India, saying that it provides an investment friendly environment where restrictions have been removed and archaic laws abolished. Speaking at Global Entrepreneur Summit 2017, he said over 1,200 outdated laws have been scrapped, 87 rules for foreign investment eased in 21 sectors and […]

Mahindra manufacturing plant in USA

Mahindra manufacturing plant in USA DETROIT:  Call it MANA’s push in the time of #MAGA. India’s $19 billion business major Mahindra is taking another crack at the American market. Unrelenting in its effort to make a mark in the world’s premier auto industry, its US beachhead Mahindra Automotive North America(MANA) is opening a new manufacturing plant outside Detroit, a gambit that also fits in with President Trump’s Make American Great […]

Increased demand make eggs costlier, now as costly as chicken

Increased demand make eggs costlier, now as costly as chicken Including eggs in your diet may now cost you almost as much as purchasing a full chicken. Reports have come in that if we consider the average weight of eggs, then per kilo rate would work out to almost that of the price of a chicken. If we consider that the weight of an average egg is 55 grams, then […]

Paytm joining hands with ICICI

Paytm joining hands with ICICI ICICI bank and the digital payment startup Paytm today announced a conglomeration beginning between the two. They are jointly planning to launch ‘Paytm-ICICI Bank Postpaid.’ according to them, it is going to be the most seamless way to enjoy digital credit, interest free. Millions of Paytm customers are going to be able to access instant credit for everyday use-cases. These can range from bill-payments to […]

Ambanis are the richest in Asia- Forbes

Ambanis are the richest in Asia- Forbes The 2017 Forbes list of Asia’s richest families has come out, and for the first time the Ambanis with a net worth of US $44.8 BN have topped the list. The list declares the richest 50 families of the Asian continent and orders them on the basis of their net worth and wealth. The combined wealth of all the 50 families on the […]

31st ASEAN summit begins in Philippines

31st ASEAN summit begins in Philippines The 31st ASEAN Summit has begun in Manila, Philippines where earlier today in the opening ceremony Honourable Prime Minister of India Narendra Modi was seen shaking hands with other leaders. Modi interacted with other world leaders including the US, China, Russia. The event’s gala dinner was attended by them all, hosted by President Rodrigo Duterte of Phillippines. Modi is planning to hold bilateral meeting […]