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Category archives: Business

How solar lanterns are giving power to the people of India and Africa

Clean-energy lights are transforming lives—and creating entrepreneurs—in Africa and India. Prashant Mandal flips on a candy-bar-size LED light in the hut he shares with his wife and four children. Instantly hues of canary yellow and ocean blue—reflecting off the plastic tarps that serve as the family’s roof and walls—fill the cramped space where they sleep. Mandal, a wiry 42-year-old with a thick black beard and a lazy eye, gestures with […]

Paytm owner One97 Communications widens net loss to Rs 1,490 cr

Paytm’s parent company One97 Communications has reported a higher net loss of Rs 1,490.4 crore for the year ended on March 31, 2018, compared to Rs 879.6 crore in the previous fiscal, according to regulatory filings. One97 Communications’ revenues from operations, however, grew manifold to Rs 2,987.41 crore in FY2017-18 as against Rs 624.76 crore in FY2016-17, according to the company’s filings to the Corporate Affairs Ministry provided by business […]

Reliance Jio unveils new Rs 1,699 plan, diwali 100% cashback offer

Reliance Jio is once again ready to disrupt the telecom sector with its exciting festive offer. Jio has announced the Jio Diwali 100 percent cashback offer which brings to users a 100 percent cashback. The Rs 1,699 plan, announced as part of Jio Diwali Dhamaka offer on October 18, will give users 1.5GB data and 100 free SMSs per day and unlimited voice calls for a year. In addition to […]

Flipkart Big Billion Days and Amazon Great Indian Festival Sale

The online shopping battles are about to get underway. The e-commerce giant Flipkart will organize the Big Billion Days Sale from October 10 to October 14. At the same time, Amazon India will also host the Great Indian Festival from October 10 to October 15. During this period, both shopping platorms will offer huge discounts on various products ranging from smartphones, electronics, accessories to fashion and home decor. Apart from […]

Bloodbath Across Indian Stock Markets, All Eyes On RBI Rate Action

It’s a downward slide in the stock markets. You have levels being flashed one after the other. The Sensex tanks close to the 35000 mark and the Nifty dipped lower below 10,550. The chartists are flashing red flags about moving averages crumbling and the average investor worrying about their savings. The Bank Of America Merrill  Lynch says a storm is brewing across the Indian stock markets and they have taken […]

Trump, Abe agree two-way trade talks, Japan dodges US auto tariffs

US President Donald Trump and Japanese Prime Minister Shinzo Abe agreed on Wednesday to start trade talks in an arrangement that, for now, protects Japanese automakers from further tariffs, seen as a major threat to the export-dependent economy. In a joint statement, the two countries said the talks “will respect positions of the other government,” drawing lines on autos and Japan’s agriculture sector. Trump has made clear he is unhappy […]

The Hire And Fire Principle

I believe that we need to walk the talk that we always preach about. If we want someone to imbibe our values, we ourselves must have embodied those values. As a Take Charge expert and an empowerment coach, I have come across many people who have stunning ideas, tools, and systems which they spent a lot of time to bring to perfection. But these geniuses don’t succeed in a larger […]

Protecting Democracy Is An Arms Race – By Mark Zuckerberg

When you build services that connect billions of people across countries and cultures, you’re going to see all of the good that humanity can do, and you’re also going to see people try to abuse those services in every way possible. Our responsibility at Facebook is to amplify the good and mitigate the bad. This is especially true when it comes to elections. Free and fair elections are the heart […]

Note-ban, GST pulled down credit to MSMEs, dented exports: RBI study

An RBI study has found that the controversial note-ban imposed in November 2016 has led to further decline in the already falling credit to the MSME sector, while GST roll-out has not made any significant positive impact on overall credit to the sector but has deeply dented their exports. The credit disbursal to the MSME sector has, however recovered a tad since the lows of 2017 to reach the mid-2015 […]

Jio Phone 2 registrations to start on August 15: How to book, offers, price, specifications, etc

Reliance JioPhone 2 will be available on August 15. The advanced 4G phone offers a slew of interesting features including a physical keyboard and WhatsApp support for Rs 2,999. JioPhone 2 is a successor to last year’s mega-hit – JioPhone. JioPhone 2 was announced last month at Reliance Industries annual AGM. While prospective buyers had to wait for weeks to register and purchase the original JioPhone last year, this time […]