From the Editor's Desk Godmen like Baba Ramdev use corporate smarts to combine knowledge of something real like Yoga or Meditation (Sri Sri Ravi Shankar), with the fears and insecurities of the masses to create multi-million dollar organizations. Their popularity can get chief ministers (or even the prime minister) to endorse them. They sell everything from noodles to a medicinal herb that promotes fertility (its ancient name, which means "son's life seed", hints unethically at particular effectiveness in spawning male offspring). They are seeking corporate-style synergies between religious messaging, personal celebrity, commercial success and political influence. Welcome to 21st-century spiritual entrepreneurship! More in this Economist article - Comment
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FreeCharge introduces social payment feature 'Chat and Pay' Snapdeal-controlled FreeCharge has launched a social payment feature called ‘Chat and Pay’ which directly connects buyers and sellers and allow them to pay over the chat function.This is the first time a person-to-person and person-to-merchant interface for digital payments has been introduced i
India's first mobile cluster to get ready by August 2016 Shri Venkateswara Mobile and Electronics Manufacturing Hub in Tirupati, the country's first mobile manufacturing electronics cluster will be up and running by by August 2016, said Murali Retineni, executive director, Celkon.
India Post payments banks may offer DBT of various ministries The proposed payments bank of Department of Posts is likely to provide DBT facility of various ministries, Parliament was informed today. "The India Post Payments Bank (IPPB) is likely to provide "Direct Benefit Transfer (DBT) of social security
The Allahabad high court has imposed a fine of Rs 2 lakh on the Uttar Pradesh commercial tax department for wrongly attaching a bank account of online shopping company Flipkart in a purported attempt at tax recovery. The department had also withdrawn
How to manage your franchise business like a true leader It feels good doesn’t it – being in charge of your own destiny, owning your own franchised business? But being the leader is not always easy. Leading by example can, at times, be very hard – particularly when you are not feeling “leader” material. It can also be one of the loneliest jobs – up …
Air India's Nagpur MRO seeks defence business The city-based Maintenance, Repair and Overhaul (MRO) unit of Air India might turn a defence business hub if the plan of the State-run airliner gets the necessary push. Air India is seeking defence business for its MRO in Nagpur as part of diversification plan, even as nation’s oldest airline uses the facility for major repairs of its own wide-bodied aircraft.
How LeadSquared is chasing a $500M market opportunity : Report Four years ago, three engineers who previously worked with IBM and Oracle sniffed an opportunity few Indian entrepreneurs had noticed till then.Nilesh Patel, Sudhakar Gorti and Prashant Singh realised that most consumer-facing startups in India at the time relied largely on advertisements to