Author Archives: Loknath Das

Govt To Ease Income Tax Norms To Help Startups Receive Benefits

After being re-elected for the second term, the Modi-led government is now planning to ease the tax norms to provide advantages to startups under the income tax law which allow 100% tax deduction. In 2016, the government had announced a 100% tax deduction for any three consecutive years. The startups which did not have a total turnover of INR 25 Cr and ... Read More »

BJP & TMC workers clash over job cards

Five people were injured when workers of Trinamul and the BJP clashed at a village near here on Sunday morning over alleged refusal by the ruling party’s leaders to give back to local people cards for the 100-day rural employment guarantee scheme and bank passbooks. Around 6am on Sunday, about 50 residents of Gopalpur in Kankalitala panchayat, mostly BJP supporters, ... Read More »

[Jobs Roundup] In search of a job at Google or Amazon? Get ready to be a part of the top tech giants

How we communicate has changed drastically in recent years, thanks to technology. Even when it comes to business, everything has gone digital today – from hiring and leadership to management. And just a few years ago, nobody could have predicted the tech industry will be what it is today. Tech companies are now some of the most successful and fastest-growing ... Read More »

[Weekly funding roundup] Investments in startups down 76pc this week as India prepared for election results

Startup funding activity saw a significant slowdown in the fourth week of May ahead of the announcement of results for the Lok Sabha polls. Votes were counted on Thursday, and the incumbent Bhartiya Janata Party-led government returned to power with a strong majority. The week to Friday saw only $45.6 million raised across nine deals, down 76 percent from the previous week, when ... Read More »

‘Fear and paranoia’: How Vietnam controls its media

Nguyen Hang* remembers her first day as a “news assistant” in 2008 for an international publication in Vietnam. She was asked to attend a meeting with the police who asked her to sign on a paper affirming that her new job was to protect the country. “I never thought that piece of paper would follow me around,” Hang told Al Jazeera. ... Read More »

Funding in Indian startups this week (13 May-18 May)

This week 12 Indian startups received funding, of which 9 received a total sum of about $258 million. Among them, Grofers raised the highest funding of about $200 million followed by Dailyhunt which raised about $22 million. Meanwhile, funding for 3 of the total funded startups remained undisclosed. Below is the summary of deals closed this week: Grofers: Online grocery ... Read More »

Nabard floats Rs 700 Cr venture capital fund for agri, rural startups

The National Bank for Agriculture and Rural Development (NABARD) has announced a Rs 700-crore venture capital fund for equity investments in agriculture and rural-focused startups. Nabard has been contributing to other funds till now, and this is the first time that the rural development bank has launched a fund of its own. The fund has been launched by Nabventures, a ... Read More »

Amazon’s offer to employees: Quit your job, take $10,000 and start a business

NEW YORK: Amazon, which is racing to deliver packages faster, is turning to its own employees with a proposition: Quit your job and we’ll help you start a business delivering Amazon packages. The offer, announced on Monday, comes as Amazon seeks to speed up its shipping time from two days to one for its Prime members. The company sees the new incentive ... Read More »

Social Media Died When It Stopped Being Social And Became Just About Making Money

The hullabaloo over the article written by one of the co-founders of Facebook, Chris Hughes, calling for Facebook to be broken up and regulated, so as to limit its pernicious effects on society and democracy, which Nick Clegg, the company’s Vice-President of Global Affairs and Communications and former Prime Minister of the UK, has already answered, has produced an unexpected but very meaningful idea: there’s ... Read More »

How to increase your chances of getting a job

01/7Tips to get the job you applied for We all know how challenging the Indian job market is and why unemployment is such a big problem here. So, during such times getting a job is easier said than done. No wonder, if you need to crack an interview, first you have to face and win the razor-sharp competition. And to ... Read More »