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Category archives: Business

Silicon Valley’s hottest startup Hortonworks eyes India’s Big Data

The big data industry in the country is expected to grow eightfold to touch $16 billion by 2025 Hortonworks Inc. stunned the tech industry a few years ago when it became the fastest enterprise software start-up to reach $100 million in annual revenue in just four years from inception. The California-based company said that it now saw its next big growth coming from international business and the Indian market is […]

Infosys Hiring Drops 65%, Nearly 38,000 Techies Leave Company In 2016-17

Infosys saw A whopping 37,915 engineers leave the software major while its hiring plunged 65 per cent in fiscal year 2016-17 thanks to increasing automation and thrust on artificial intelligence in its operations and projects. According to the employee metrics disclosed by Infosys on Thursday, 37,915 left the company and its subsidiaries worldwide during the fiscal year under review (FY 2017) as against 34,688 in the previous fiscal year (2015-16). […]

Is NSE Guilty Of According Preferential Treatment To Some Brokers?

India’s most actively traded exchange, the National Stock Exchange is in news for the wrong reasons. It is currently in the midst of a controversy that alleges it to be favouring some brokers over others. In the dynamic world of stock markets, where a minute’s difference could make or mar large volume trade, NSE is battling claims that allege that it often allocated specific servers to specific brokers to help […]

Arecanut tea to air fresheners from husk: This Shivamogga man is adding value to agriculture

“Nothing is waste in this world. Everything is of value, especially in agriculture,” believes Nivedan Kempe, a pharmacist cum entrepreneur from Mandagadde village in Karnataka’s Shivamogga district. The 30-year-old recently launched air fresheners made from the husk of areca nuts. “Areca nut contains a lot of fibre. However, the husk is thrown away as it is considered waste. We converted the areca nut husk into a material that is similar […]

There's nothing called a free lunch! Now it can attract GST

Soon, the economic theory that whatever goods and services are provided –the expense of the same must have been borne by someone, is going to hold true in case of employee-employer CTC agreement. That is, you don’t get anything for free! Come July 1 and leasing of land, renting of buildings as well as EMIs paid for purchase of under-construction houses will start attracting the Goods and Services Tax. There […]

Problems faced by MBA students

Rahul had recently joined MBA program and he was back to hometown for a few days. He happened to bump into Mr. Sharma and he asked, “beta suna hai MBA kar rahe ho, B.Tech ke baad job nahi mili thi kya?” Rahul was surprised about the perception people have about MBA. Many people believe MBA is a course people pursue when they do not get a job with another course. […]

They Started at the Bottom of the Corporate Ladder. Now They're Millionaires.

By Amanda DiSilvestro Everyone knows a person who has pulled themselves up in the world, through hard work, a little luck, and lots of motivation. Those people might have tripped along the way, but they pushed on and always forward. In these stories, what becomes less important is what is given to you—and what’s more important is what you earn on your own.   Take Shahid Khan; born in Pakistan, […]

Tamil Bride Wearing Saree With Slit In Canadian Magazine Sparks Debate

Canada-based South Asian wedding magazine has sparked a debate online with its cover photo featuring a Tamil bride in a saree with a thigh-high split. A photo of the ‘Jodi’ magazine cover, shared on March 13, has provoked wide-ranging views on Facebook. While some have called the cover “a mockery of culture,” others find it “tasteful and beautiful”.   The cover has model Thanuska Subramaniam sitting on a chair decorated […]

How D-Mart made Radhakishan Damani Rs 20,000 cr richer in a day

On Monday, Forbes magazine calculated Radhakishan Damani and his family’s net worth at $2.3 billion or a little over Rs 15,000 crore. By the time trading on bourses ended on Tuesday, Damani was worth over $5.3 billion or Rs 35,000 crore. While his wealth more than doubled within a span of 24 hours, his net worth catapulted him in the list of India’s Top 20 billionaires. The remarkable jump retail […]

6 Oscar-nominated movies that entrepreneurs can draw inspiration from

To rephrase a popular proverb, ‘Movies maketh the man.’ Cinema does indeed have the power to drive, inspire, and influence its audience to a great degree. The characters become one with the audience and the plot, a parallel journey depicting their lives through a screen. While it is true that certain kinds of cinema are directed at entertainment, entertainment, and more entertainment, the ones that end up making a difference […]