From the Editor's Desk "Your ability to make the right investment or hiring decision may be reduced simply because you expended some of your willpower earlier when you held your tongue in response to someone's offensive remark or when you exerted yourself to get to the meeting on time". Every day, in one form or another, you exert willpower. You resist the urge to surf the Web instead of finishing your expense report. You reach for a salad when you're craving a burger. Yet a growing body of research shows that resisting repeated temptations takes a mental toll. Some experts liken willpower to a muscle that can get fatigued from overuse. This rationale explains why people like Mark Zuckerberg and Barack Obama wear the same outfit every day. Minimizing decision fatigue prevents them from getting bogged down in minutiae and leaves room for bigger decisions. More on willpower in this report.
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Online health store Healthkart raises $12 million from Sequoia, others Gurgaon-based Bright Lifecare Pvt. Ltd, operator of online health store Healthkart.com, has raised Rs 80 crore (about $12 million) from a bunch of existing investors. Sequoia Capital, Kae Capital and others, participated in the Series E round of funding, the Mint reported citing Healthkart's
India's telecom subscriber base declines in May The number of telephone subscribers in India declined from 1,059.29 million at the end of Apr-16 to 1,058.03 million at the end of May-16, thereby showing a monthly growth rate of -0.12%,according to Telecom regulator Telecom Regulatory Authority of India (TRAI)
Kuwait's Zain telecom Q2 profits rise 14% Kuwait City, July 31, 2016 (AFP) -Kuwaiti telecom giant Zain's net profits in the second quarter rose 14 percent despite currency losses and its operations in conflict zones, the company said Sunday. Zain said it posted a net profit of 45 million dinars ($149.
Developing a sophisticated approach to operate your franchise in a fiscally responsible way Those pondering a future in franchising face many important decisions. Beyond nuts-and-bolts basics such as raising capital, identifying a brand that fits, and completing the paperwork, are other – just as important – factors to consider. One such topic is what's known as unit economics. Anyone who has ever cracked open a business school textbook understands that the bottom line of the monthly financial statement of any company should reflect profitability – if the company is to survive. When the numbers are in the black the business is generating more than it's spending. It's simplistic but effective. But there can and should be a more sophisticated approach to operating a franchise in a fiscally responsible way.
Bad roads killed over 10k people in 2015; 3,416 deaths due to potholes Last year, 10,727 people were killed in crashes caused by potholes, speed breakers and roads that were under repair or being constructed. Although the overall fatalities under these categories had come down marginally from 2014, the number of people killed due to potholes rose to 3,416, from 3,039 in the previous year.
Apple wants users to ‘buy more’ from App Store Though there is no exact date, the feature and new redesign is likely yo go live in the next few weeks. Earlier this year, Apple had announced to add Search Ads and incentivise subscriptions in the App Store. Search Ads are targeted advertisements that show up with a light blue background to distinguish the ad from regular App Store content.
Uber sells China biz to competitor Didi Chuxing : Report Update: Uber has put out a blog post saying that it is merging its Uber China business into Didi Chuxing. Uber does not mention the financial details of the transaction, nor if Uber will remain a standalone app and business or be merged into Didi Chuxing. Earlier today: Uber is looking to mer