Tag Archives: Money

₹ 70 Crore Black Money Found After Income Tax Raids On Karnataka Civil Contractor

The Income Tax Department has detected unaccounted income of more than ₹ 70 crore after it recently raided a leading civil construction group of Karnataka, the Central Board of Direct Taxes (CBDT) said on Wednesday. The searches were carried out on October 28 at multiple locations in north Karnataka. “The search action has led to detection of unaccounted income of more than ₹ 70 ... Read More »

Job Loss: How NBFCs lend money to first-time borrowers with no credit record?

NBFCs are actively working out for technology-based solutions to disburse small ticket size loans to people having no credit history. With the economic activities coming to a standstill during the nationwide lockdown imposed to contain the spread of highly contagious Novel Coronavirus COVID-19, many people, especially those working with unorganised sectors, have lost their jobs. During this moment of crisis, ... Read More »

[Startup Bharat] Giving space isn’t enough, startups also need money: Anupam Jalote of iCreate

Startups from smaller towns often lack the advantages that those in metro cities take for granted. That’s why the role played by incubators and accelerators is so important. They not only function as coworking spaces, but also provide guidance and mentorship, and help startups scale. Ahmedabad-based iCreate is one such autonomous technology business incubation centre that identifies and nurtures aspiring entrepreneurs.  The brainchild of Prime Minister Narendra ... 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 »

7 Tips to Conduct Your Business Money with Full Security

When you’re doing business, doing things online is the way to be. Without the internet, you can’t reach a broader business base, stay connected with international customers and even save on admin costs. However, with a plethora of opportunities, the online world also brings a lot of security threats for a business on the table. But prevention is better than ... Read More »

Joining your office gym is waste of money. Here’s why it won’t make you healthier

Workplace wellness programmes have two main goals: improve employees’ health and lower their employers’ healthcare costs. They’re not very good at either, new research finds. For the study, 3,300 employees of the University of Illinois at Urbana-Champaign were given a year of access to iThrive, a workplace wellness programme similar to what many companies offer workers. A control group of ... Read More »

Here’s how Roku – the electronics company that’s kept Apple and Amazon at bay – makes money

If you’re familiar with Roku, the first thing that likely comes to mind are its digital media players. But the company has other ways of bringing in money that just by selling its $100 boxes and $40 streaming sticks. In fact, the fastest growing area of its business is actually selling advertising. The private company revealed some crucial details about ... Read More »

Facebook flush with advertising money

Facebook revenues and profits soared in the most recent quarter, as advertising dollars poured into the social media company and users continued to flock to the site. More than two billion people – more than a quarter of the world’s population – log into the site every month, a powerful draw for advertisers. The firm said revenues hit $9.3bn (£7.09bn) ... Read More »

Facebook flush with advertising money

Facebook revenues and profits soared in the most recent quarter, as advertising dollars poured into the social media company and users continued to flock to the site. More than two billion people – more than a quarter of the world’s population – log into the site every month, a powerful draw for advertisers. The firm said revenues hit $9.3bn (£7.09bn) ... Read More »

Lost your job? Here is what you should do to put your money matters in order

Pink-slip is the talk of the town if you are employed in the information technology sector. While changing technology and policies of Donald Trump marred the sentiment in IT sector, the demonetization exercise carried out last year has hit many domestic businesses, which have fired many of their employees. Here are a few money tips that will ensure peace of ... Read More »