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BW Online Bureau

BW Online Bureau

Latest Articles By BW Online Bureau

Entrepreneurship and job creation: A conundrum

It is true that successful entrepreneurs can build large corporate businesses. But only 5 percent of the startups can become such companies. Does the government know these risks?

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JD FOR BIZ DEVELOPMENT ROLE AT WOOP

Startup – Selected amongst the top 20 startups for the BW accelerate program- Fitness Segment Business Development Role : The role would include identification and on-boarding of various partners in the fitness segment. We are looking for motivated individuals to join the core team and who want to be part of the next big idea. If you are up for a challenge, thrilled at the prospect of solving problems, willing to experiment and learn, and ready to ride the ups and downs of life in a startup – we have a job for you.

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Will PM's Startups Policy Foster A Culture Of Innovation?

This Saturday (January 16, 2016) Prime Minister Narendra Modi is scheduled to launch “Start-up India 2016”. The prime minister is also expected to announce various initiatives by his government to foster the culture of entrepreneurship. The response has already been so overwhelming that there were over 200,000 requests for the passes from entrepreneurs across the country. Unfortunately, since the venue will be able to house not more than 1,350 people, many will have to contend with watching the live telecast of the event on Doordarshan. The ultimate question – however – is how far will the initiative succeed?

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1.5 LAKH REQUESTS FOR MODI’S STARTUP MEET!

There’s a virtual stampede for passes for the India Start-Up meet, to be organized in the National capital’s Vigyan Bhawan later this week on Jan 16.

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YOU HAVE TIME, USE IT AND WELL - IT'LL REPAY

I was 16 then; had just dropped out of college for the want of money. Life looked like a puzzle solving which it appeared to be a daunting task. “What’s going to happen to me?” I always thought. Insecurity was taking its toll. Frustrations were way too much. I wouldn’t know if I would have money get even a morsel of food. Least to say: my life was pathetic.

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THE IDEA OF FREEDOM OF FOUNDER IS EXAGERRATED

Says Prashant Singh, the Founder and CEO of Shifu. The context-aware personal assistant app, Shifu, has been in the news lately for its acquisition for a reported $8 million by the Alibaba-backed e-commerce player, Paytm. It is expected that Paytm will leverage Shifu’s data analytics know-how to improve its consumer behaviour prediction mechanism and improve the platform’s overall shopping experience.

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Yuvraj Singh Invests in Rahul Yadav’s AI Venture Intelligent Interfaces.

Indian team cricketer Yuvraj Singh has made an undisclosed amount of investment in real estate portal Housing.com‘s co-founder and former chief executive officer Rahul Yadav’s e-Governance start-up venture Intelligent Interfaces.

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FOODPANDA FIRES OVER 300 EMPLOYEES

The online food ordering platform, Foodpanda, has sacked over 300 of its employees citing automation, which constitute nearly 15 per cent of the company’s overall workforce in the country. The company issued a statement saying the decision to cut jobs was taken after it achieved about 98 per cent automation rate in order processing, helped by a combination of stronger processes and controls to make operations more efficient.

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Democratizing Home and Office Spaces

Adjusting to the space size without making it look stuffy while you need to maximize the area can be a very energy draining task while you are furnishing your house or office. As more and more people are finding themselves in more and more small apartments now a days, it’s has become a challenge for everyone to make that small space either it’s a an office or a home space to look elegant airy and smoothly maintained.

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Startups meet the taxman

Startups are the new epicenter of economic activity in the country, but the tax-man is far from friendly towards them. For a 100 of them have registered in Hong Kong, Singapore and the US to raise capital. Top sources in North Block, which houses the finance ministry, say consultations have begun over incentives to startups in the form of tax sops to angel investors. The Revenue Department is working towards these making such incentives real. At the Center of this is the capital gains tax, levied on investors; and the tax on employee stock options (ESOPs), where a tax is levied on the income of the employee even before the company – that’s allotted those shares – has generated any revenue or has raised capital.

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