India Leads Global Digital Coding Race: Report
Decoding: Venture Capital Investments Globally
July 18th, 2016 Venture capital investments in startups rebounded in the second quarter, as a general stock market recovery helped restore confidence, according to a new report published on Friday. Investors plowed $15.3 billion into venture-backed startups in the second quarter of this year, a 20.5 percent increase over the $12.7 billion invested in...
Requirement of Office Space in India By E-commerce Firms Drops 78%
July 5th, 2016 Office space leasing by e-commerce firms have dropped by 78 per cent during the first six months of this year with the sector facing challenge to sustain pace of growth and investment. According to Knight Frank report, office space absorption by e-commerce players fell to 0.9 million sq ft in top six cities NCR, Mumbai, Pune,...
Only 3% Mobile App Users in India Spend Money on In-App Purchases
July 1st, 2016 Just about 3.1 per cent of mobile app users in India spend money on in-app purchases compared to 5.2 per cent globally, according to a new report. However, Indian users spend almost as much as global average for in-app buys. "Only 5.2 per cent of users spend money on in-app purchases globally and in India it is 3.1 per cent. The...
How Financially Ready Are You For Retirement?
July 1st, 2016 How will your retirement life look like? Have you thought anything about it? Most of us would give the answer in No. Most of us believe the idea of living in the present time and therefore, we end up ignoring the future. We splurge on things, and retirement planning is most often left for people above 45 or 50 years. According to the...
Over $8 Billion Funding in Mobile-Based Startups in 5yrs: Report
June 28th, 2016 With mobile phones contributing 40 per cent of all e-commerce sales in India in 2015, startups in m-commerce, video streaming, gaming and m-payment segments attracted USD 8,053 million worth of funding through 394 early stage deals in the last five years, a report said. The highlights of the Annual Indian Mobile Ecosystem Report, by...
Rs 10k Smartphone Segment in India to Grow 44% in 2016: Report
June 27th, 2016 The under Rs 10,000-smartphone segment is expected to grow 44 per cent this year, constituting 70 per cent of the market, a CMR report said. According to the research firm, smartphone shipment in the country is expected to grow to about 130 million handsets this year from 97 million last year by 163 brands. "The entry-level or sub-Rs...
Ola Revenue Has Been Increased 8 Times at 421 crores
June 23rd, 2016 India's leading taxi aggregator app Ola revenues jumped an eightfold at Rs 421 crore comparison to last fiscal year, according to the most recent disclosures filed with the ministry of corporate affairs earlier this month. However, Bengaluru-based company losses has also increased Rs 796 crore due to heavy advertisement to maintain...
Online Companies are Focusing on Unit Economics, Customers: Report
June 22nd, 2016 E-Retailers Focusing on turning unit economics positive and customer retention as opposed to the prior focus on gross merchandise value, a recent report said. "We believe this may be a function of limited availability of capital, leading companies to focus on cash generation. Post government regulations that curtailed discounts,...
Boring, Dirty Workplace May Affect Your Brain Function: Study
Bosses, take note! A lack of stimulation in the workplace and a dirty working environment can have a long-term cognitive effect on employees, a new study has warned. "Psychologists say that the...
Indian Companies Most Optimistic Globally on Hiring Plans: Survey
June 15th, 2016 Indian companies have remained the most optimistic globally on hiring plans for the fourth consecutive quarter, while China is placed at the bottom within Asia Pacific region survey showed. Releasing its third-quarter global hiring outlook survey, the leading staffing consultancy said, "Indian employers report bright hiring prospects...
83 Percent of Indian Workers Love Their Jobs: Survey
June 14th, 2016 Adobe in its report, revealing that Indian office workers are overall the most positive and flexible workforce, when compared to those surveyed in USA and UK. The Adobe 'Work in Progress' report surveyed more than 500 Indian office workers who use computers daily as part of their jobs, on their attitudes about work and the future of...
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