Monday, December 8
Home>>Business (Page 7)

Category: Business

name change
ArticleBusinessEvents

From Meta To Metaverse, Will This Be The Future Of Facebook?

Pooja YadavJanuary 5, 20220

Facebook to change its name to META. One thing one should be clear about is that the name of Facebook’s parent company will be META just like the parent company of Google is ALPHABET but people know Google as a brand. Few people know the parent name of the company is ALPHABET. Facebook in an official statement that renaming is a part of their rebranding policies and they are going to enter into other areas than just being limited to social media platforms. Facebook has used a word called METAVERSE here where it is an evolving concept. Still at the evolution process. Facebook stand Every company expects that the name of its brand will represent the working mechanism of the company. Therefore branding is so important to compete with the existing companies. Facebook to expand its ro...

Read More
BusinessFinanceIndia

FCRA Renewal: 5968 NGOs Including Jamia, IMA, IIT-Delhi License Expires; No Relief For MoC Too

Sonia SolankiJanuary 3, 20220

FCRA [Foreign Contribution Regulation Act] Renewal is making headlines across the nation. As the renewal process includes the names that has set a benchmark in our society like IIT-Delhi, Indian Medical Association and OxFam to name a few. As per sources these institutions have failed to submit for the renewal of their FCRA license. Ministry of Home Affairs have rejected license of 179 NGOs or associations including MoC [Missionaries of Charity]. That means that these 6000 NGO will not receive any foreign donations from 1st Jan 2022. FCRA Renewal Details: All NGOs have to apply for the renewal of their FCRA registration before the expiry of five year validity. The renewal executes in accordance under the Rule 12 of the Foreign Contribution Regulation Rules 2011. For the renewal al...

Read More
BusinessFinanceIndia

India Becomes A Global Leader In Call Center Industry!

Monomita NagJanuary 3, 20220

Call centres in India have established itself as a new and one of  the fastest growing industries providing employments to a vast number of English speaking and technically sound college graduates. This occupation has helped them achieve their financial independence much earlier. What has helped these centers to mushroom is that these students are prepared to accept the time schedule being offered by the English Speaking Countries, working whole night and resting in the day. WHY IS INDIA CHOSEN AS A HOTSPOT? Basically two chief factors spurred Fortune 500 companies to out source their call centers process overseas. First- to reduce cost of operation and second- to enhance the efficiency of business. Beginning in 1990, India has emerged a call center Hot Spot. Companie...

Read More
BusinessFinanceLatest News

Xiaomi And Oppo May Face A Fine Of 1000 Crores, Alleging Violation of Law: Income Tax Department

Aditi priya singhDecember 31, 20210

The Income Tax Department has said that mobile companies Xiaomi and Oppo have violated tax laws and they can be fined Rs 1000 crore. It is worth noting that on December 21, Delhi and 11 states-Karnataka, Tamil Nadu, Assam, West Bengal Raids were conducted at the locations of these companies in Andhra Pradesh, Madhya Pradesh, Gujarat, Maharashtra, Bihar and Rajasthan. A statement issued today by the Income Tax Department said, "In the raids, it has been revealed that both the major companies have sent an amount in the form of royalty quoting themselves and group companies located abroad, which is more than 5500 crores. . The statement said, 'These companies did not comply with the disclosure of transactions under the Income Tax Act 1961. Such a mistake makes them liable for penal action...

Read More
BusinessCOVID-19FinanceIndiaPolitics

Check Out The India’s GDP Forecast For The Year 2022!

Sayani ChakrabortyDecember 31, 20210

The International Monetary Fund (IMF) estimates that India's GDP will rise by 9.5 percent in 2021 and 8.5 percent in 2022, making it the world's fastest-growing economy in both years. Deepak Parekh, the chairman and CEO of HDFC, believes he is in a more optimistic frame of mind than in the previous 50 years. According to the International Monetary Fund, Covid's impact on growth in 2021 will not be a one-time occurrence but rather a continuing trend (IMF). On the other hand, the International Monetary Fund anticipates that India's economic expansion will continue at a rapid pace in the foreseeable future. As former Chief Economic Advisor, Shankar Acharya has earned a reputation for being one of the country's most doomsday economic forecasters. He mentioned that even though he is confide...

Read More
ArticleBusinessFinanceIndiaInternationalNews

India beats UK: Becomes the 3rd country to have largest number of Unicorns

Vaishali GautamDecember 25, 20210

Following USA at the 1st place with 487 and China at 2nd with 301 unicorns, India beats UK and replaces it at the 3rd place with 54 unicorns according to the Hurun Global Index 2021. The report says India has more than doubled the number of unicorns from last year. Not just UK, India is way ahead of countries like Germany, France, Israel, Canada, Brazil and South Korea. Moreover Bengaluru stands 7th in the list as the city with most number of unicorns in the world. Bengaluru alone comprises of 28 unicorns of India. The unicorns being talked about are not the horses with horns on their forehead (we all know they are mythical). This unicorn is a terminology used in the business world. Actually there are certain badges of honor or status given to startups based on their valuation. The...

Read More
BJPBusinessIndiaPolitics

Bank Bachao Desh Bachao, Another Countrywide Protest Against Modi’s Sarkar

Sonia SolankiDecember 18, 20210

Bank Bachao Desh Bachao is the protest by the Bank employees across the country goes for a two days strike on 16th and 17th December. Over Nine lakh employees are participating in this two day strike against the decision of the center government to privatise the two PSBs [Public Sector Bank]. The bank employees are against this decision of the center government as it could risk their jobs. The United Forum of Bank Unions decided on 30th November, to protest across the country on 16 and 17th of December. Body of the United Forum consists of Nine Unions including the All India Bank Officer's Confederation, All India Bank Employees Association and National Organisation Of Bank Workers. Due to the protest banking services suffered at a large scale. Bank Bachao Desh Bachao led by the UFBU ...

Read More
BusinessInternationalLatest NewsTRENDING

Dubai Government Goes Paperless, First Of Its Kind In The Whole World

Sonia SolankiDecember 15, 20210

Dubai Government goes paperless and this is the first of its kind initiative in the world. Recently the officials announced that Dubai has become the first paperless government. This could happen because of the paperless Strategy launched in 2018. With the Paperless Strategy fully employed in Dubai, now no employee or customer of the Dubai will need to print any documents or transactions. Printing is available on demand or at service/ typing centers. Vision for creating Dubai completely Digital has been achieved with all 45 government entities in the emirate are now paperless and provide 1,800 digital services covering 10,500 transactions. Dubai government goes paperless Dubai Paperless strategy: The Dubai Paperless Strategy started in 2018 in 5 phases , with an initial group of ...

Read More
ArticleBusinessFinanceIndiaInternational

Enmity With India Costed Over 50,000 Crore To China This Festive Season

Vaishali GautamDecember 13, 20210

India’s apex trade body, the Confederation of All India Traders (CAIT) estimated China a loss of worth 50,000 crore to China this Diwali. This came as a consequence of the call to boycott Chinese stuffs amid the anger it fired through its actions against India. On the basis of a survey done in 20 distribution cities, CAIT revealed that there were no orders for diwali goods or firecrackers that were placed with the Chinese exporters by the Indian traders. CAIT too itself called for boycotting Chinese goods. Though China has often been taking upsetting steps against India, the movement to boycott Chinese products aggravated immensely since the Galwan Valley dispute last year. Ladakh’s Galwan Valley witnessed a violent clash between the armies of India and China on 15th of June, 2020. Ten...

Read More
ArticleBusinessIndiaInternational

Innovation For A Hope Of Breath; Indian Project Bags Eco Oscars

Vaishali GautamDecember 10, 20210

Being one of the most polluted cities, not just in India but across the globe, the air quality in Delhi has always been a matter of concern. It is the most polluted capital in the world. It is said that the lives of Delhi residents get reduced by almost ten years due to the levels of air pollution in the city. It is estimated that air pollution in India kills about 2 million people every year, becoming the 5th largest killer in the nation. According to WHO, India has the highest death rate from chronic respiratory diseases and asthma. Amidst all these terrifying statistics, an innovation has emerged as a ray of hope. A Delhi based 30 year old mechanical engineer and entrepreneur, Vidyut Mohan has bagged The Earthshot Prize, dubbed as “Eco Oscars” for his innovation which is being l...

Read More
BusinessIndiaInternationalPolitics

Pegasus: The Political Disrupter

Sonia SolankiNovember 26, 20210

Just a few months back millions of people heard the name Pegasus and most of them were not even aware of what it is and what it can do and how?? Soon all were googling the word and it was a surprise for most of us that it’s a spyware developed by Israeli cyberarms firm NSO group which can sneak and steal information from any device running on iOS and Android. It cashes on the weakness in the system. Once it enters your device it can reach to your photo apps, clicking links, messages, emails, Facebook, whatsapp, Skype, call logs, browsing preferences and many other applications. In short it can take away any kind of information from your device without your knowledge. It can also self abolish itself on command or if it is unable to connect with its control server. It was discovered in Augu...

Read More
ArticleBusinessFinance

The Journey Of Air India From Success To Failure… What’s Next?

SinshaOctober 30, 20210

There was a time when Air India, which was known as ‘The palace in the sky', was considered one of the best airlines in the world. It provided luxury travel for the passengers. Associated with hospitality, food, Indian culture, and art. Air India seemed to be a representation of India. But today the situation has become so worse that after a hundred million losses,  the government had to privatize it. Here we will be considering some important incidents which lead the government to take such an initiative. Air India 747 First class JRD Tata, who had a passion for flying planes was the first Indian to acquire a flying license. To bring civil aviation to India was his dream. But it wasn’t easy at that time because the British Raj who were ruling India during those times didn’t coopera...

Read More