Hiren Tambe, who owns a 500-sqft store in Navi Mumbai, has at least 800 stock keeping units (SKU). Having run the store for over 15 years, he has always understood his typical customer’s requirements. Or so he thought. But with modern retail arriving in his vicinity, Hiren realised that many ... Read More »
Union Railway Minister Suresh Prabhu on Wednesday announced four new categories of trains, one for unreserved passengers and three for reserved ones, which will be operational in the next couple of months. “The reason behind starting new train for unreserved passengers is to ensure that those belonging to the ‘Antodya ... Read More »
The Goods and Services Tax Network, the information technology backbone that will implement the new indirect tax regime, will become a data analytics powerhouse in the months after the roll-out. “Once sufficient amount of data is generated, we will be able to generate analytics based on the requirements of various ... Read More »
FOR good or for ill, the start and end to a working day is increasingly blurred. Smartphones and wi-fi mean that even an airline cabin, once the last respite of the business traveller, no longer guarantees escape. But the push is not all one way. Sometimes leisure time can impinge ... Read More »
Cisco is laying off about 14,000 employees, representing nearly 20 percent of the network equipment maker’s global workforce, technology news site CRN reported, citing sources close to the company. San Jose, California-based Cisco is expected to announce the cuts within the next few weeks, the report said, as the company ... Read More »
The last two months have been busy ones for the marijuana community. Most recently, the Drug Enforcement Administration (DEA) declined to loosen restrictions on medical marijuana, and kept the drug classified in the same ‘Schedule 1’ category as LSD and heroin. There was much handwringing before and after the decision ... Read More »
Bollywood actor Salman Khan, the goodwill ambassador of the Indian contingent at this year’s Olympics in Rio, will present a cheque of Rs. 1,01,000 to each of the athletes. “As a gesture of appreciation for our Olympic athletes, I will present each one with a cheque of Rs. 1,01,000,” Salman, ... Read More »
Ereaders inspire powerful feelings. From their fans, intense love. From those who could never imagine reading a book on a gadget, a kind of revulsion. And for a long time now the ereader market has seemed stuck. All the major manufacturers offer identical six-inch screens from the same third-party manufacturer. ... Read More »
India’s largest taxi aggregator, Ola, has shut down itsTaxiForSure (TFS) business and has laid off 700 employees in the process, as it looks to consolidate its presence and reduce cash burn to fend off an attack from Uber. Ola had acquired smaller rival TFS in March 2015 for $200 ... Read More »
Put your feet up on the coffee table, and you might knock over those valuable pieces by Kakurezaki Ryuichi and Mori Togaku, or that vase by Matsui Kosei. Splash around in the upstairs bathtub, and you’re likely to spray water on the sculptures to your left or your right by ... Read More »
Union Railway Minister Suresh Prabhu on Wednesday announced four new categories of trains, one for unreserved passengers and three for reserved ones, which will be operational in the next couple of months. “The reason behind starting new train for unreserved passengers is to ensure that those belonging to the ‘Antodya ... Read More »
American Republican presidential candidate and real estate tycoon Donald Trump has an Indian business connection. His Trump Organisation is a part of two major luxury real estate projects in Mumbai and Pune. The Trump Organisation had tied up with the Lodha Group in Mumbai in 2013 and with Panchshil Group ... Read More »
