SBI Launches Country’s First Bank Branch For Startups
With the government batting for startups with its Start Up India initiative, could banks have been far behind? India’s largest public sector bank, State Bank of India, has opened a branch that caters exclusively to the needs of startups. Called SBI InCube, the branch is quite appropriately situated in India’s throbbing startup hub of Bangalore.
Cleartax Launches Online Rent Receipts Calculator
Aiding professionals to simplify their tax filing and investment proofs is online tax startup Cleartax. Their latest offering is an online rent receipt calculator.
Exclusive: Newly Appointed Flipkart CPO Punit Soni To Leave Company
Flipkart’s new CEO appointment and its subsequent management rejig has had an unexpected fallout – Chief Product Officer and former Google executive Punit Soni shall be soon leaving the company. When contacted, Soni said that he couldn’t talk about the matter at the moment, but said that “India has unique opportunities and unique challenges.”
Why Does Your Restaurant Bill Cost As Much As It Does
A handy guide on decoding restaurant bills and elaborating how service tax, VAT and service charge work in India.
After Naming New CEO, Flipkart Shuffles Senior Staff
After announcing that Binny Bansal would be its new CEO, Flipkart has also shuffled its senior management team. The company has restructured its core retail and marketplace business and moved many of the firm’s senior executives into new roles.
How Elon Musk Declared War On Acronyms
Acronyms. So Space X CEO and all-round badass Elon Musk really hated them. They made him go fml and wtf. So when employees at Space X were having conversations about how the JTB was going to impact the TKRM of the VSR, Musk stepped in.
Why Do Indians Not Say Thanks At Work Or Otherwise
People in India, as well elsewhere, need to say thanks more often. Whether for a job done as responsibility or as a favour, how does a plain thank you hurt everyone? A salary doesn’t mean an entitlement for being ungrateful.
China’s Baidu Is Making Strategic Inroads Into India Through Investments
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According to a report by ET, Baidu is eyeing making strategic investments in Indian big players like Zomato, Big Basket, and BookMyShow.
Amazon’s Jeff Bezos As Lord Vishnu On Magazine Cover Enrages Hindus
Jeff Bezos depicted as Hindu deity Lord Vishnu on the latest cover of New York based business magazine, Forune has drawn flak from the Hindu community worldwide.