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Billionaire VC: Startups are spending way too much on useless 'window dressing'

There's too much money in tech, and it's caused huge problems for both the companies and San Francisco alike, said billionaire venture capitalist Chamath Palihapitiya.




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Mark Zuckerberg's sister is joining VC firm Kleiner Perkins

Arielle Zuckerberg, who has worked at Google and most recently worked at mobile app management startup Humin, will join Kleiner next month.




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US startup raises $108 million for plant-based cheeseburgers

A US-based startup has raised a whopping USD 108 million in funding to developed a new generation of plant-based cheeseburgers.




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It only took an hour for this red-hot, $4.5 billion startup to boost its value by $1 billion

In case you haven't heard of Zenefits, it's one of the hottest startups in the Valley now. It provides free HR software that makes it easy for companies to sign up for insurance.




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PayPal makes $1 billion in small-business loans in first two years

PayPal separated from eBay earlier this year, and Chief Executive Officer Dan Schulman has stated he is looking to use PayPal's size to offer affordable financial services widely.




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Bain Capital, Mastercard bet on Bitcoin startup

The list of backers includes: Bain Capital Ventures, CIBC, CME Ventures, MasterCard, New York Life and Transamerica Ventures




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30,000 signs up for app-only UK bank Atom

To open an account, customers must register online. Once they reach the front of the queue they are sent a code that allows them to unlock the app and open an account.




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Luxe home sales rise as NRIs return to market

NRIs typically invest in their home markets first, followed by key markets.




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Housing for all: HC proposes ban on NRIs from buying houses in India

The court has directed them to answer a series of questions including as to how many families have basic amenity of housing in India as well as in Tamil Nadu, population and housing ratio in the country and in the state, when 'Housing for All' mission of the central government would be achieved.




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Sterner residency rule triggers flurry of questions from NRIs

The budget talks about taxing “stateless people” who game the system, hop around from country to country and do not pay tax in any other jurisdiction. The government has assured that “bona fide workers” will not be taxed.




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Realtors rely on NRIs for sale during lockdown

According to property consultant Anarock, the rupee’s depreciation had been a factor of considerable interest for NRIs considering Indian real estate as a sensible investment option during these volatile times.




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Future winners will be businesses that get smarter, bring agility

To become a smart business, organizations must enable as many operating decisions as possible to be made by machines fueled by live data rather than by humans supported by their own data analysis.




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How automation and tech is important for business growth

For businesses looking at using technology and automation, the key is to identify the functions that need tech intervention, the efficiencies and results it can provide and the level of disruption the transition process is likely to create.




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Should a small business invest in AI and machine learning software?

Both AI and ML are touted to give businesses the edge they need, improve efficiencies, make sales and marketing better and even help in critical HR functions.




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MSME Schemes: Technology upgradation through the International Cooperation Scheme

The Ministry of MSMEs offers the International Cooperation Scheme which helps fund MSMEs to participate in international exhibitions and events to get access to the latest in technology.




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For SMEs, having a website is cheaper than an offline store

Businesses with no online store have limited growth opportunities.




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Who are you – digitally determined or digitally distraught?

Digitally determined businesses are those that have the bigger picture in mind and plan a roadmap towards advanced changes with a view of the entire business.




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How to setup an online presence for your business

Whether you are a startup or a large organization, follow these tips to build your digital identity.




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AI, machine learning can help achieve $5 trillion target: Piyush Goyal

“Our government believes artificial intelligence, in different forms, can help us achieve the $5 trillion benchmark over the next five years, but also help us do it effectively and efficiently,” Goyal said while inaugurating the NSE Knowledge Hub here. The hub is an AI-powered learning ecosystem for the banking, financial services and insurance sector.




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India's about to hand people data Americans can only dream of

Backed by the Reserve Bank of India, it’s an ambitious approach that combines privacy protection with credit reporting: if it works, it could unlock the credit market for millions of Indians while offering new levels of data security and consumer control.




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Surviving the technoshock: How to get your organisation ready for AI-powered ERP

Machines and people, working in concert, will be critical to the success of tomorrow’s ERP systems and enterprises.




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Top IT trends to embark on a decade of openness and collaboration

As we enter the new decade, the question really is how businesses adopt new capabilities that will help them be agile, customer centric, innovative and cost sensitive at the same time.




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Five ways to succeed in the digital world

AI accelerators can democratize technology. We predict that by 2025, AI leaders will be ten times more efficient than and hold twice the market share of organizations that fail to embrace the technology.




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Covid-19: Using AI and data science to combat health pandemics

Tech platforms, telecom companies and governments need to come together at a time like this to work together towards addressing the balance between protecting individual privacy and data sharing that is critical to the public good.




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Top tips to safeguard your network when employees are working from home

The real challenge in the world of employees working from their own homes is not the slack in productivity or the threat of transmission of the virus, but cybersecurity.




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For a mobile first nation that loves missed calls, here’s something product managers need to know

Our jugaad of giving missed calls when mobile telephony was expensive has created a habit that’s still prevalent. Then came OTP, which saw nationwide acceptance when regulators mandated it for banking transactions.




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'Indians 3rd biggest investor in US realty market at $8 bn'

25% of the international realty market in London also belongs to Indians with investments around GBP 1 bn while they also invested more than $2 bn in the Dubai real estate mkt in the first half of 2015.




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Indian-origin family invests in India-UK tidal power project

Liberty House had last year stepped in to acquire units of Caparo Group, Lord Swraj Paul's steel company that went into administration.




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Lord Swraj Paul meets PM Narendra Modi; welcomes decision on NRI investments

Lord Swraj Paul today met PM Narendra Modi and conveyed his appreciation of the recent decision of Indian government to treat NRI investments at par with resident investments.




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Lulu group to invest Rs 5,000 crore in India in next 4 years

United Arab Emirates-based Lulu Group, has decided to invest Rs 5,000 crore in India over the next four years, largely for setting up shopping malls.




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Adequate reserve to deal with $20 billion FCNR redemption

Seeking to allay concerns, the sources said that government is ready to redeem $20 billion FCNR-B deposits as there is adequate forex reserves.




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India-bound UK NRIs invest big in transferable pensions

The scheme, popularly known as Qrops, has been approved by Her Majesty’s Revenues and Customs, the body in the UK that collects and administers taxes.




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NRIs/PIOs can now send funds online for Modi govt's flagship schemes like Swachch Bharat, Clean Ganga

Swaraj said this while chairing a meeting of India Development Foundation of Overseas Indians, a trust established to supplement development efforts.




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Karnataka gives better returns on NRI funds than others: CM Siddaramaia

Siddaramaiah further stressed Karnataka's pro-NRI stance by pointing to the newly-released policy catering to their interests




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Karnataka looks to build a tech bridge with Pravasi Divas

The Karnataka government is expecting to create multiple corridors with countries such as Portugal and Suriname whose top officials attended the event.




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8 Indian mutual fund houses that allow USA/Canada-based NRIs to invest

Most fund houses in India don’t allow NRIs from US and Canada because of the cumbersome compliance requirements under FATCA.




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NRI businessman to invest Rs 70 crore in hospitality sector in Kerala

Two hotel projects of the company are in the advanced stage of completion at Kakkanad, the IT valley of the state.




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Single investment regime in the works for NRIs

NRIs are currently allowed to invest in Indian markets directly and indirectly through multiple routes.




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Would like to see NRIs invest in big way in India, steps will be taken to facilitate it: S Jaishankar

Jaishankar, while interacting with NRIs in Australia, Surinam, the US, Singapore, Quatar, Malaysia, the UK and Mauritius through video conferencing on the occasion of Pravasi Bharatiya Divas, also said he would find a practical solution to the issue of tracing of roots for non-resident Indians (NRIs) and persons of Indian origin (PIOs).




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Budget 2020: Tax rejig to leave 'NRIs' and rich poorer

High income earners could find staying with old I-T regime more attractive.




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Budget 2020 the day after: NRIs' bona fide foreign income won't be taxed

The government said the provision was an “anti-abuse” one and will only apply to income that is generated locally.




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Is it lockdown for startups?

With Covid-19 and automation, GoI’s one-time employment darlings could become prodigal liabilities.




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Steadview Capital invests Rs 67 crore more in Nykaa

The capital infusion comes at a time when risk capital investment activity has almost ground to a halt because of the spread of the Covid-19 pandemic, which, in turn, has forced vertical ecommerce companies such as Nykaa to conserve cash, given the steep plunge in discretionary spending by consumers.




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Zoom, Xoom, Züm: Why does every startup sound fast now?

Startups are supposed to be very, very fast. They “move fast and break things,” they “hire fast, fire fast,” and they certainly fail fast. They have a magazine: Fast Company. They have a diet: intermittent fasting.




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Dating apps find love in the time of Covid

These users, who do not mind paying anywhere from Rs 1,500 to up to Rs 50,000 for in-person meetups and group activities, tend to be typically over 25 years of age and have fewer demands with regard to their partner profile.




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India tops Zoom downloads in April

The US-based Zoom, which is also being used to conduct school classes besides corporate meetings, has also been tightening its encryption as it has come under fire globally for privacy issues.




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How COVID-19 revealed a skewed power equation of the fashion value chain

With consumer outlets being shut, fashion brands and retailers have taken an enormous hit to their bottom line and cash reserves. But the worst hit were the factory workers, of which almost 85% are women, who typically earn below living wages and do not accumulate any savings.




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Investing in startups – Where to find the next set of winners

Disease or otherwise, travel as we know could change dramatically, at least in frequency if not in distance and mode. The individual and mass transport industry, the hallmark of the 20th Century will change forever in the 21st century.




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Leadership amidst crisis: Can traditional traits work in current times

There are no set scripts for leaders to follow in order to sail through this situation. This extraordinary situation has certainly placed some uncommon question like never before to the leaders around the world.




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Boosting wellbeing in a remote work environment: How organizations can promote work-life balance

Every situation brings with it an opportunity, and this situation has brought with it a valuable opportunity for upskilling of complete workforce. Leaders can use online tools for imparting valuable training and upskilling to all their employees.