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How Lack of Green Cover is harming us [India Vs Others]
In June 2010, on my way back to India, I flew to Delhi from Chicago. While looking down from the airplane, I realized that I couldn't see anything clearly at all from the window. Part of it could have been because most of the city was…
Top 10 Indian Twitter Trends of the week [Sept 17]
Things have heated up in the country. Our prime minister gave out a live address to the nation Friday, as the government tries to stabilize things. Amongst all this, Indian twitteratis were busy sharing their views on various topics. Let us…
Effects of Multi-Brand Retail FDI on Businesses – Good or Bad?
Our current economic situation is bad more due to the lack of initiative from the govt than the global economic crisis. The opening up of FDI has instantly boosted the market health, the Sensex, Indian companies, the ADRs and last but not…
Top 10 Indian business news of the week
Here's a look at this week's top 10 Indian business news. Diesel price increased by Rs. 5 per litre and subsidized cooking gas cylinders capped at 6 per year The UPA led government increased the price of diesel by Rs. 5 per litre and…
How to Apologize & convert Disaster into Opportunity [GoDaddy example]
Sincere and well-made apologies work, even in the most difficult circumstances. And sometimes they can even be converted into opportunities. Here is an excellent example… Couple of days back, GoDaddy, one of the largest domain &…
Now, payments to Kirana Stores & Small Merchants can be done using mobile via IMPS!
National Payment Corporation of India (NPCI) has extended its Interbank Mobile Payment Service (IMPS) to merchants in a bid to facilitate micro payments for service transactions at a cost of 25 paisa per transaction. "There are…
How to remain awake in a sleeping economy!
So the growth rates (GDP, credit ratings etc) show no promise or hint of a genuine rise in the numbers. I don’t think much can be expected, even if there is a phenomenal growth, it is expected to be less than 6 for the next fiscal year.…
Two wheeler Sector in Red for first time since 2009
Except for HMSI (Honda Motorcycle and Scooter India) and Suzuki, who posted a 39% and 36% growth respectively as compared to August 2011, rest of the two wheeler manufacturers are in red. The slowdown is the first since January 2009, with…
4.5 Cr Internet Users in Rural India by Dec 2012 [report]
Internet and Mobile Association of India (IAMAI) and IMRB have reported that there will be 45 million, or 4.5 crore internet users in rural India by December 2012. Dr. Subho Ray, President of IAMAI believes that internet penetration of…
Bharti Airtel partners with Microsoft to deliver cloud based Office 365
Bharti Airtel has partnered with Microsoft to deliver cost effective cloud based Office 365 to Small and Medium Businesses (SMB) in India. The telecom services provider will use its own cloud platform and give SMB's access to Office 365 via…
HDFC Bank launches Android Mobile Banking App
HDFC Bank has recently launched its Mobile Banking App for android based smartphones. Promising 'banking on the move', the app can be used by customers with Android devices to make up to 30 banking transactions. To download the app,…
Comprehensive Indian Internet Usage Statistics [Report]
In a recent webcast titled “The Rise of India's Digital Consumer”, the director of ComScore, Kedar Gavane provided interesting insights into the growth of internet usage in India over the twelve months ending in July 2012. The…
Indian Application Development market to exceed $227 million in 2012
In 2012, Indian app market is expected to rise $227 billion, which is 22.6 percent higher than the previous year. According to the study by Gartner called “Market Trends: Application Development Software, Worldwide, 2012-2016”, the growth…
Why is Indian Stock Market rising when Economy is falling?
Economy is at its worst, Rupee’s value is slipping, and estimates of GDP growth are falling by each report. When all looks so glum then why is Sensex the index of growth booming? Firstly economy and Sensex are two different things, but…
ICICI Bank launches 24/7 Electronic Branches and Tab Banking
As the countries' state owned banking sector comes out of a two-day lockdown, ICICI Bank has launched twenty five Electronic Branches and Tablet device Banking in a bid to make banking convenient with the help of technology. The IT based…
IRCTC Tatkal Bookings – 9 Steps taken by IRCTC to reduce Misuse!
Tatkal bookings have been a constant point of discussion when it comes to Railway Ticket Booking Reservations. Agents and touts have historically cornered majority of Tatkal bookings and then sold them at much higher prices to train…
Sonia Gandhi named world’s 6th most powerful woman in 2012 by Forbes
Forbes unveiled its list of The World's 100 Most Powerful Women in 2012 and Sonia Gandhi was ranked 6th, even higher than US First Lady Michelle Obama. Other Indian women on the list were Indra Nooyi (12th), Padmashree Warrior (58th),…
Why “Made in China” products are so cheap? [Ans: Shadow Factories]
More often than not we see a ‘made in china’ tag on products. And more often than not, these products are much cheaper compared to their competition manufactured in other countries. We usually don’t think much about it, but have you thought…
Swadeshi Marketing – A Road to Prosperity, or a Huge MLM Fraud?
India is no stranger to corruption scams, with latest being the “Mother of All Scams” - Coalgate scam - resulting in potential losses worth an astronomical Rs. 186,000 crore. In most cases, these scams stuff the pockets of a select few and…
Recession 2008 vs Recession 2013
Recession 2008 By the end of 2008, most of the developed countries had accepted that they were facing recession. The worst effected was US and since it trades with most of the world, directly or indirectly all the economies linked to it…