Vijay Shekhar Sharma, 38, is the richest entrepreneur in India below the age of 40, according to Hurun’s India rich list for 2016. The net worth of Paytm’s founder jumped 162 per cent in the past one year to Rs 7,300 crore, says the report. Hurun magazine focuses on high net-worth individuals in India and China. Hurun’s India rich list for 2016 includes individuals with a minimum net worth of […]
Startups in India are facing a unique challenge, while there is no dearth of talent and passion, the key funding tap seems to be drying up fast. Whether you talk of Foodpanda, TinyOwl or even the much touted Housing.com, the rising job cuts amongst these relatively new companies, the instances of these shutting shop soon after opening has become rather worrying and raises key questions like what could be the […]
The only way to create more jobs is to make sure that we anticipate the skills that will be required in the future and prepare ourselves for those skills.’ Infosys Co-founder Senapathy Gopalakrishnan, the company’s CEO and MD from 2007 to 2011 and Infy’s vice-chairman from 2011 to 2014, is now co-founder at Axilor Ventures, an accelerator that helps early-stage start-ups succeed. ‘Kris’ Gopalakrishnan spoke with Rediff.com’s Prasanna D Zore […]
India is the second most ‘unequal’ nation in the world where millionaires, or those with net assets of $1 million or more, control over half of its total wealth, according to a report by wealth research firm New World Wealth. After Russia, India is the most unequal country as 54 per cent of its wealth is in the hands of millionaires, the report noted. India is among the 10 richest […]
Reliance Jio’s much-anticipated launch on Thursday offering free voice calls and data services at very low tariffs resembles a similar “disruptive” strategy that the company had adopted 13 years ago. In 2003, Mukesh Ambani-controlled Reliance India Mobile stormed the market with a “Monsoon Hungama” scheme, which offered mobile connection and a handset at R501. As incumbent operators jostled to keep their customer base intact, tariffs plunged, making mobile phones affordable […]
It’s no secret that entrepreneurs are an extraordinarily ambitious species with stars in their eyes. They want to see their business soar to great heights and are ready to put in the effort and the hours to ensure that they realize this dream. This, however, takes its toll on their lives and more often than not, they end up feeling that they live only for their venture. Are you an […]
Sister Madonna Buder in Nike’s new ad will make even the most fierce of fitness freaks feel inadequate. At 86, she runs, swims, cycles and even participates in the Ironman triathlon. For their ‘Unlimited’ series, the sports apparel brand has recruited ‘Iron Nun’ – a moniker the nun received after completing 45 or so Ironman contests. The grueling race comprises a 3.86 km swim, a 180.25 km cycle race, and […]
In a move to pull up its dwindling landline business, telecom operator Bharat Sanchar Nigam Limited (BSNL) has come out with a first-of-its-kind scheme which will allow its landline users to make unlimited free calls to any network’s mobile and landline every Sunday on pan India basis. The scheme is all set to come into force from August 15, 2016. A press statement issued by BSNL headquarters Delhi read, “The […]
Leading South Asian entertainment and lifestyle media company, ANOKHI MEDIA has released its second group of special guest attendance for its 13th Anniversary Awards-Fashion-Entertainment Show taking place on Thursday August 25th , 2016, at Toronto’s hottest new entertainment complex, 11 Polson Street, Toronto, overlooking the Toronto skyline and lake. Raj Girn launched ANOKHI MEDIA in 2002 to create a one stop multimedia resource to communicate and engage with the South Asian community, from both eastern […]
Parliament has cleared the proposal for India’s most transformative tax reform in decades. The Rajya Sabha or Upper House has voted in favour of a national Goods and Services Tax or GST which will convert India into a single market. Here is your 10-point guide to the GST: The GST creates one national tax to replace a slew of complex ones applied by both the Centre and state governments. But […]
