Singapore At The Top; India At 142 In Ease of Doing Business
According to the World Bank’s Doing Business 2015 study, India is ranked at a lowly 142 among 189 nations in the ease of doing business ranking.
Category: News
Paytm All Set To Enter The Banking Space
Things are afoot in the payments industry. Its all started in August when RBI approved payment banks licenses for Airtel, Reliance, Paytm, Vodafone and Aditya Birla Nuvo. Several other entities which have been given ‘in-principle’ approval. Mobikwik, Oxigen, Citrus, and Novopay Itz Cash Card also applied for the licence but failed to get the nod from RBI.
Practo Acquires Hospital Management Company Insta Health For $12 Million
Practo is growing by leaps and bounds. Days after the online healthcare platform announced that it was expanding into Indonesia, the company has acquired hospital information management company Insta Health for $12 million (Rs 80 crore) as it looks to rapidly expand its footprint of doctors and users across the globe.
Here’s A New Fund Exclusively For Women Entrepreneurs
Women entrepreneurs in India have a reason to rejoice. A SEBI (Securities and Exchange Board of India) approved venture capital fund, exclusively for women entrepreneurs has come into being.
Time Spent On Travel Is Working Time, Rules European Court
In a landmark judgement, the European Court of Justice (ECJ) has ruled that the time spent traveling to and from first and last appointments by workers without a fixed office should be regarded as working time.
Flipkart’s Punit Soni Alleges That Rivals Are Paying People To Badmouth Them Online
Flipkart is dealing with a bit of a PR crisis of late. Back when it launched in 2007, the internet was inundated with reviews that gushed about its customer service, its superfast deliveries, and how it brought the world of retail to our doorsteps. People were unanimous in their appreciation for the company, and Flipkart grew by leaps and bounds, becoming the $16 billion behemoth it is today.
But Flipkart Chief Product Officer Punit Soni seems to believe that there’s more to these threads than meets the eye.
IndiGo Flying High In The Indian Aviation Skies
IndiGo is now stomping its dominance on Indian skies. According to data compiled by Director General Civil Aviation (DGCA) for the first seven months (January-July) of 2015, the airline carried 17 million passengers during this period with a market share of 37.3 per cent. During the corresponding period of 2014, it had carried 11.48 million passengers with a market share of 30.5 per cent.
Rahul Yadav To Launch Data Analytics Startup
After his ignominious exit from Housing.com, Rahul Yadav had promised to come back bigger and stronger than before. He’d claimed that his startup would be 10x bigger than housing, and perhaps bigger than “all Indian internet companies put together.” He’s finally revealed what his grand plans are.
Oyo Rooms Unveils New Logo
It’s the season of logo changes. After Google surprised industry watchers and consumers alike with its sleek new logo, and Verizon unveiled theirs after their acquisition of AOL, it’s time for a firm closer home to come up with a new brand identity. Oyo Rooms, the 3 year old budget booking app, has come up with a new logo.