In April 2017, FCB India announced it will cater to start-up clients via its rebranded division Bushfire. Rohit Ohri, Group Chairman and CEO, FCB India, tells us that he took around six months to bring together the right team, to collaborate with businesses that demand fast ideas and quick result…
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As start-up story goes awry, Esops lose their sheen
Employee stock option plans (Esops) are so yesterday — so much so that almost no high-flyer recruit in e-Commerce now wants them. Once the ultimate wealth-creation vehicle, and part of the start-up lore, Esops have lost their sheen along with the start-up story. Headhunters say executives are neg…
Cloud storage firm NetApp launches its first start-up accelerator in India
US-based data storage and management company NetApp has announced the launch of its first startup accelerator in Bangalore. The programme, called NetApp Excellerator, is open to startups with solutions in Internet of Things, cloud, Big Data and analytics, machine learning, virtualisation, data se…
GST levy of 28% on paints will not differ much from existing rate: Industry
The decision of the Goods and Services Tax (GST) Council to tax paints at the highest slab of 28 per cent would not differ from the existing rate which was just above that, the paints industry has said. “It is no loss, no gain situation for the paints industry. At the existing rate structur…
Walmart India launches GST toll-free helpline
Walmart India has launched a toll free helpline number for all the ‘kiraana’ and other reseller members to help them transit smoothly into new tax laws and also to ensure minimum disruptions in their business, with the roll out of GST from 1st July, the company said this in a statement today…
Repo rate unchanged: Here are the key takeaways of RBI’s new bi-monthly monetary policy
The Reserve Bank of India (RBI) in its second monetary policy review of this financial year kept the repurchase (repo) rate unchanged at 6.25 per cent. The central bank had last changed the policy rate on October 4, 2016, when the policy rate was cut by 25 basis points. The apex bank left the rev…
Fibre to Fashion: Gujarat to showcase India’s textiles strength in 3-day exhibition from June 30
A three-day textile exhibition will be held at Gandhinagar in Gujarat from June 30, a senior official of the Union Ministry of Textiles said here on June 6. “The exhibition — Textiles India 2017 — will showcase India’s strength in textiles and apparel value chain from fibr…
Digital India & GST will drive enterprise PC consumption: Lenovo
Tech firm Lenovo said it expects an uptick in demand for PCs in the enterprise space, driven by increased buying by government agencies and small businesses looking to comply with GST norms. “PC sales in the enterprise segment have been flat over the past few quarters. However, we expect pr…
Climate Change Battle: Indian start-ups are already doing their part in these 3 key areas
Climate change is a reality that’s come into existence due to the release of green house gases from countries, irrespective of developed or developing nations. It’s a certainty that while India is pursuing policies for rapid economic growth rate, it’s also experiencing an increase in …
13 start-ups pass Bosch’s DNA test on Indian innovation
Thirteen start-ups have graduated from Bosch India’s accelerator programme Discover, Nurture and Accelerate (DNA). The 18-week programme focused on development, mentoring and piloting of technology startups in aerospace, mobility, social impact, healthcare and agriculture, among others. …