From the Editor's Desk Now, this is definitely the coolest story of the day. John Oliver's brand of infotainment usually involves picking an important topic and educating us on something that's out of whack, with a bunch of funny analogies thrown in for entertainment. In this episode, he takes apart the shady debt buying industry in the US where unpaid debt gets packaged and keeps changing hands, usually on pennies on the dollar. These companies then use underhand techniques to try and recover some of the debt and make a profit. On the show he goes on to talk about how he registers a company himself and buys $15 million worth of debt for $60,000 and does something wonderful with that. Watch the episode here. Wonder what would happen if some of our Indian bank NPAs went down this path.
Financial TimesAmazon is set to broaden its grocery delivery service significantly in the UK, underlining its willingness to fight costly battles in pursuit of market share and lure affluent customers from supermarkets. A British version of the group's US Amazon ...
Telecom Commission imposes 3% spectrum fee for next auction India’s Telecom Commission may finalize 1 percent spectrum usage charge (SUC) for 2,500 MHz and 3 percent for all the other bands, IANS reports. India aims to conduct next round of spectrum auction in the next 30-60 days. Bharti Airtel, Idea Cellular, Vodafone and Reliance Jio Infocomm are expected to participate in the spectrum auction
What Can The US Congress' Interest In PM Modi's Visit Translate To? Congress is a key stakeholder in the U.S.-India relationship and can play a significant supportive or spoiler role. While American presidents have a lot more lee-way on foreign policy than domestic policy, Congress is not without influence on U.S. foreign relations, and shapes the context for American engagement abroad.
Flipkart introduces India's first 'No Cost EMI' option for online buyers; partners with Bajaj Finserv and key brands to create this offeringThe Tech PortalIn a bid to better the overall customer experience on its platform. Flipkart has today introduced a simple and easy financing option for its online buyers -- 'No Cost EMI'. Under this option, customers can buy high-cost products on Flipkart through EMI
Facebook appoints former Adobe exec Umang Bedi as India MD Social networking giant Facebook Inc has appointed Umang Bedi as its managing director in India, three months after Kirthiga Reddy stepped down from the post. Bedi will be responsible for building strategic relationships with top clients and regional agencies in the country, the company said
Are Software Engineers the Latest Exploited Migrant Workers? Before Elton Kent ever set foot in New York, his career was going swimmingly. A son of India’s upper-middle-class, he had cut his teeth at a start-up, and finagled that into a prized job offer as a software engineer at the most prestigious firm in India: Accenture. Then, he says, in 2012, another stroke of good fortune came: Management was going to transfer him to New York City.
Salesforce to add 1000 jobs, sets up centre in Hyderabad Salesforce, a US-based customer success platform and customer relation management company, has unveiled its plans to significantly expand its presence in India with a new Centre of Excellence here at a 2,000 sq feet facility, which will be functional by the end of this year.
Freedom fighters seek jobs for grandchildren At a time when Jats are seeking reservation in government jobs, freedom fighters have sought priority in government jobs for their second generation (grandsons and granddaughters).
What makes Brands Last? : A Question that Needed Answers TRA Research, a part of the Comniscient Group, and the publishers of the Brand Trust Report brought together 10 business leaders addressing 130 CXOs on the subject of ‘Building Brands to Last’- the core problem boggling brands in this world of fleeting loyalties.