The impending exit of Uber, the app-based taxi services provider, from China shows the difference between how China supports its local entrepreneurs and how India doesn’t. China follows a mercantilist policy when it comes to encouraging investment, with the dice loaded heavily in favour of the local incumbent while in India there is no such indulgence. Whether it is Amazon or Facebook or Google or Apple or Uber, local champs […]

Ambarish Mitra ran away from home at the age of 15 to live in New Delhi’s slums. By the age of 17 he had 55 people working for him. Now, nearly 20 years later, he is the founder and boss of Blippar, a mobile phone app business valued at $1.5bn (£1.2bn). It is perhaps no surprise that Ambarish describes his life as “an adventure”. Launched in 2011, Blippar is an […]

We all want it don’t we? We want to get better every day! No one wants to be the same for their whole life. In fact, if we do, we’ll just fall behind. We all know that friend who didn’t know as much as we did but got ahead of us quickly. It’s not because they were smarter, but it was because they improved themselves every day. You too, can […]

    Toronto, July 28, 2016: The longest running outdoor South Asian festival in North America, the 14th Annual TD Festival of South Asia, took place at the Gerrard India Bazaar on Gerrard Street in Toronto on July 16 and 17th, 2016 from noon until 11pm, with free admission for all with over 200,000 in attendance. Clamorworld chief  correspondent Samuel Yerraguntla in conversation with Tushar Unadkat, the producer and director of FSA. […]

The three things you think when one mentions India or South Asia. Samosa, Taj Mahal and Bollywood. Not necessarily in any given order, but these were the favorites that once again stole the show at  the Festival of South Asia, held at Gerrard Bazaar, Toronto.  Held on  July 16th and 17th, most of Torontonians and visitors from across the globe once again went to their favorite Indian street. Apart from […]

It’s inevitable. That disorienting feeling washes over you at the worst times. You have too much to do, you’re burning through cash, you don’t have much help, and others’ out sized expectations make your head spin and your stomach churn. I’m not sure I’ve ever met a founder who hasn’t experienced the intense feeling of entrepreneurial overwhelm at one time or another. The question isn’t how to get through this […]

The people who sit on the boards of America’s largest corporations got a modest raise last year. Corporate directors at Fortune 500 companies saw a three percent increase in their total direct compensation for 2015, rising to a median $263,500, according to a new report from the advisory firm Willis Towers Watson. But over the past decade, the increase looks more substantial, rising a cumulative 65 percent since 2006, when […]

Infosys CEO Vishal Sikka on Monday sent a letter to the IT major’s 1.97 lakh employees, detailing what went wrong with the company’s performance in the June quarter. Dr Sikka’s email to employees comes days after Infosys disappointed investors with tepid revenue growth in Q1, which forced the company to downgrade its annual sales forecast. Infosys shares sank 9 per cent on Friday in reaction to Q1 numbers. Dr Sikka […]

If you noticed the treasury bench’s response in Rajya Sabha to the Kashmir protest, you would clearly identify the pattern. The BJP seems to be undeterred in its mission to allow the passage of the GST in this Parliamentary Session and its response in Rajya Sabha amply bore evidence of the fact. The indifference, the stoic silence and the minimalist slugfest ensured that the debate ended in three hours flat […]

India has the most transparent companies because of a strong regulation system firmly in place, a new report revealed on Monday, adding that China on the other hand has weak or non-existent anti-corruption policies and has the most opaque firms. The vast majority of the world’s biggest emerging market companies have failed when it comes to transparency, creating an environment for corruption to thrive in their businesses and in the […]