Category archives: Business

Indians are ahead in getting work visas from Canada, beat China

Indians are obtaining Canadian work visas like never before and are beating Chinese nationals in the race. As per the latest statistics, Indians are ahead of China in getting Canadian work visas under Canada’s international mobility programme. From January-June this year, 13,670 Indians obtained work visas and the number was at 8,680 for Chinese. Under the temporary foreign worker programme too, Indians were ahead as under this programme, 2,190 Indians […]

Infosys loses over Rs 22k crore in market value after Sikka quits

Shares of Infosys ended sharply lower by nearly 10 percent on Friday, wiping out Rs 22,519 crore from its market valuation, after Vishal Sikka, the first non- founder CEO of the company, called it quits. The stock slumped 9.60 percent to settle at Rs 923.10 on BSE. During the day, it dived 13.39 percent to Rs 884.40 – its 52-week low level. At NSE, shares of the company plummeted 9.56 […]

Microsoft's New Kaizala App Is What WhatsApp for Business Should Have Been

As Facebook chases business and enterprise customers for its popular instant messaging and voice calling app WhatsApp, Microsoft may have just beaten the social juggernaut to the punch. On Wednesday at an event in New Delhi, the Skype-owner launched Kaizala, a messaging app designed to ‘get work done’ that has already garnered interest from several state governments and businesses in India. A messaging app in 2017 ought to do more […]

Nifty Hits 10,000: Historical Moment For Indian Markets

It is a bull run on Dalal Street and historical moment for India’s most extensively traded exchange. The Nifty has hit the psychologically important 10,000 mark in intra-day trade. Market experts are calling this a symbolic moment and true manifestation of the deep structural changes that are being undertaken by the Government. There is a sense of elation across the investment community and even the common man can feel a sense […]

Reliance offers Jio Phone virtually free: Mukesh Ambani's big disruption could change telecom market completely

Reliance Jio Infocomm’s move to offer a feature phone virtually for free addresses the nearly 50 crore current users of such phones who sit on the fringes of the data revolution sweeping India. The company on Friday announced the launch of such a phone with voice calls for free and unlimited data at Rs 153 per month. There is a refundable security deposit of Rs 1,500 which the user can […]

India overtakes US as Facebook’s No. 1 user

India has overtaken the US to become Facebook’s largest country audience with a total 241 million active users, compared to 240 million in the US. The change at the top of the platform’s country rankings comes just a few days after Facebook announced it has more than two billion monthly users around the world, a report in The Next Web on Thursday said. The portal was quoting figures that the […]

Technical Glitch Halts NSE Trade, A Big Question On The Back-up System In Place

It is a day of high drama on Dalal Street. The day when Sensex hit a new high, trading was halted by NSE for 3 hours due to a technical glitch. Traders complained about quotes not getting through almost minutes after the Sensex hit a high in opening trade. Finally, regular F&O and cash market trade resumed well past noon. What was particularly striking was the mayhem and chaos in […]

Date Farming Changed This Vidarbha Farmer’s Life & He Can Help You Set up a Farm Too

A poor farmer’s son who had to live in an orphanage has become one of the most successful farmers in the drought-prone Vidarbha region and wants others to follow his footsteps and end farmer suicides. Savi Thangavel, 68, can be seen attending to farmers from all over Vidarbha, foreign delegates, ministers and even bollywood actors on his farm, which is just 25 km from Nagpur in Mahegaon village. What is […]

Cards, online payment frauds: Government announces new guidelines

Electronic payments have become safer for consumers with the Reserve Bank of India (RBI) introducing the concept of ‘zero liability’ and ‘limited liability’ for bank customers for any card or online fraud. The central bank has also made it mandatory for banks to register all customers for text message alerts and permit reporting of unauthorized transactions through a reply to the alert message. The proposal to limit customer liability in […]

Clamorworld Exclusive: How GST Impacts Long-term Economic Efficiency?

The GST is no longer a matter of deliberation. One of the biggest economic measures in the history of the country is now a reality for all. Well as we grapple with this bittersweet experience, the question is how does it impact our economy over the longer term? The buzz around corporate circles will tell you that the digitisation of our economy at large is perhaps one of the biggest […]