Trending in corporate world

Rainmaker, Ice breaker, dream catcher, chief jolly officer gold miner, chief cuddling officer or heads of fire fighting- no, we are not talking about movie names here. These are actually some new and fancy designations that startups are coming up with. While many business schools running checks on list of startups blaming their tricks to attract students with hefty packages and quirky designations, undeterred startup say they will come up with more such fancy designations.

At Jombay, a talent assessment and analytics firm, marketing guys are called ‘ice breakers’ whereas business development manager is ‘rainmaker’. Embibe.com, an online engineering test preparation portal, calls its customer support team as ‘genius bar’. At Smartprix.com, an online comparison shopping platform, there is a chief delight officer, who is tasked with connecting people, building teams, reducing stress and promoting a happy work culture. Designation of ‘community data guerrilla’ is for someone who looks after data analytics.

Nearly 20% of workers around the world change jobs every year. About 55% of job seekers use the internet to look for employment, and 33% rate internet job sites as the most effective channel for finding a job. Those findings underscore the sweeping changes that the internet has brought to the job search market; reveal a report jointly produced by the Boston Consulting Group and Recruit Works Institute. One of the key capabilities that differentiate the internet channel from referrals from family or friends is the internet’s ability to process a much higher volume of applications. We believe that key difference will drive the continued growth and evolutions of internet job search, and we look forward to seeing how future technological developments can continue to drive down the time job seekers spend searching for a new job without limiting their employment options. For India what is interesting to see is that the internet was rated as effective as print media for seeking jobs, however the lions share still remains referrals from family and friends. The survey provides a good view of things to come for Indian companies as internet penetration catches up. As companies deal with the impact of digital on their business it would serve them well to re-look at their recruiting strategies. 

Woodpie- A startup story

Woodpie is your one stop destination for finding what to read next. Here you discover what everyone around you is reading. You find authentic book recommendations from people just like you, and no marketing noise. You can share your own recommendations too. And that's not all, you can also exchange books and read your next favorite book free.

Anuradha Bajpai and her husband Manoj Jindal had no clue that their lives were about to be changed when they paid a regular visit to a bookstore in Bengaluru. The title of a book caught the couple’s attention- ‘Why men don’t listen and women can’t read maps’. “The title was so interesting. But we were not sure if the book was good. Also, we had already read ‘Men are from Mars and women are from Venus’. So we decided not to buy it,” Anuradha recalls. By an amazing coincidence, the two technology professionals happened to see the same book again at a neighbor’s house, a day after their bookstore visit. “They told us it was a really good and funny read, and strongly recommended it to us,” Anuradha says. At that point they realized how much a recommendation by a friend can help you decide to read or buy a book. “We may not buy a book even after reading hundreds of online reviews because you don’t know how many of those reviews are genuine. But you will go for a book if your friend, who has similar interests, recommends a book. This led us to launch a social networking platform where friends could discuss and recommend books,” says Anuradha.

She was then working with Infosys and Manoj with McAfee. She quit her job to start the venture, while Manoj continued to work at McAfee to ensure they had some income coming in. In late 2010, they launched the venture that they called Woodpie.

The journey was not easy. They were on a limited budget. Both were backend coders, so they had to outsource the frontend design. But the outsource design did not look good. There were bad reviews about the design when they released a private version for friends in 2011 and a beta version for invited authors and reviewers in 2012. So Anuradha took a brave decision- to learn and do frontend coding herself. “I learned it when I was carrying our baby,” she recalls. The couple also had to move to the US around that time because Manoj had got a transfer to McAfee’s US office. “We thought it would be good for Woodpie too as it’s a global concept,” she says. The platform Anuradha designed turned out to be incredibly good for Woodpie. User numbers rose dramatically. But it was still tough on Anuradha. “I used to wake up at 4am and modify the platform based on users’ feedback. I had to run to our daughter whenever she woke up. We couldn’t afford a maid and so I had to cook before Manoj left for office at 8 am. It would have been funny to see me standing in the kitchen, holding baby in one hand and coding with the other hand,” she says. In 2014, Savie Karnel, a former journalist, joined Woodpie as a founding member. She helped Anuradha and Manoj sharpen the idea and understand the requirements of readers.

Today, Woodpie has over 10,000 users from 321 Indian cities, 35 US cities and other countries in Europe, South America, Africa, Asia and Australia. The startup was recently selected for the accelerator programme of Ingram, a US book publishing company. Woodpie was one among six selected and the only startup from India. Ingram’s programme is one of the nine tech hubs in Google’s entrepreneurship network in North America. The programme also includes $30,000 in funding from Ingram Content Group Ventures. 

What is crowdfunding

Fledgling startups have now hit upon a new avenue to raise funds - crowdfunding. Breaking away from the boundaries of traditional corporate funding, many aspiring entrepreneurs are shunning strict banking norms and piles of paperwork to seek investment directly from interested individuals.

Industry experts say the concept of crowdfunding, which involves raising small sums of money from a large pool of individuals who are ready to 'help realize an inventor's dream', will quickly bypass traditional venture capital and investment banking to become a mainstream avenue for any early-stage startup.

"Although they weren't aware that they were actually engaging in crowdfunding, there have been many companies that have generated the initial working capital through individuals who showed interest in their projects. Organized crowdfunding, however, has now taken shape in the city and will soon be the best way to raise funds for any startup, especially those involved in product innovations and disruptive technology," said Vinutha Rallapalli, head of the Hyderabad and Bangalore chapters of Lead Angels, a network of angel investors.

 Bringing innovators closer to potential investors is the growing number of online crowdfunding platforms that are now calling themselves the 'launch pads' of groundbreaking ideas. "It is our job to bridge the gap between innovators and inventors by bringing the two onto the same platform. In Hyderabad, there is a staggering number of hardware innovators that have reached out to us to help them design a successful crowdfunding strategy," said Satish Kataria, managing director of Catapooolt, an online crowdfunding platform. Catapooolt is getting ready to host a crowdfunding pitching event in the city in January, where startups will pitch their ideas in an auction-like setting to get investors on board.

 However, this alternative form of funding, industry insiders assert, comes with its own set of shortcomings. Although capital market regulator SEBI (Securities and Exchange Board of India) is expected to soon introduce crowdfunding norms to regularize this investment model, the move would still 'fall short' of the regulations necessary to boost crowdfunding.

 "Even though there is sufficient awareness regarding the concept, there are no clear regulations currently to tackle the risks such as money-laundering and other fraudulent acts associated with such a model of investment," said Rallapalli.

 This, however, hasn't deterred many in the city from turning to online investor communities to get their projects off the ground. "It took a while for us to circumvent regulations to introduce equity-based crowdfunding on our platform. However, the move has been welcomed by an increasing number of software-based application startups from Hyderabad who are now preferring to crowdfund their projects instead of seeking investments the traditional way," said Anil Kolli, founder of Beehive, a city-based online crowdfunding platform.

Is Government doing anything for startups?

Securities and Exchange Board of India (Sebi) hopes to finalise norms that will help entrepreneurs raise funds via crowd funding in a few months, chairman UK Sinha said. “If these people are doing e-shopping, and they know financial markets, then they should invest in MFs and that is the direction in which we are thinking,” Sebi chairman said. Meanwhile, Sebi is also in dialogue with startups in relation to listing on the domestic stock exchanges. The market regulator had announced new norms that would facilitate listing of startups on India’s stock exchanges.

Startups face several problems like complying with laws such as the Minimum Wages Act and Employees’ State Insurance Act. Now the government is thinking of setting up a cell to iron out these difficulties. According to news reports, hectic parleys are going on among government departments for preparing the action plan and as a starter, the Centre is also planning to give exemption to startups for participating in government procurements. In his speech Mr. Modi did not mean only the ones that associated solely with the digital world but all innovative projects that young people would want to set up. Startups must go beyond the digital domain and focus much more on other sectors like agriculture and the rural economy to come up with low-cost and innovative solutions to the problems. This is the right way to go because India today needs a host of medium and small enterprises to meet its employment challenges and to develop low-cost solutions to solve myriad problems.

In September, 2015 in San Jose in California at the Indian-US startup Konnect, Prime Minister Narendra Modi said, “The mega corporations of today were start-ups of yesterday.” This was briefly one-and-half months after he challenged the start-up community, at a Nasscom event, to build new generation companies like Facebook and Google out of India.

Global reports show that startups, companies, which are headed by women, have better financial performance. Given this, Prime Minister Narendra Modi too had a meeting with some of the global CEOs in New York. Women have an edge over men as they not only control the majority share of household, they manage long term relations, and understand customers’ needs better. The government will hold seminars in small cities to build confidence amongst women in small towns and cities through the district industries centre on a regular basis, which will add to the talent pool and promote their success stories. 

The government has announced funds like the Bharat Fund, but the corpus is just Rs 900 crore. Then there is the India Aspiration Fund of Rs 2000 crore. An average angel or first round of funding required for any startup is Rs 16-18 crore. There are other funds that the government has set up for small and medium business like the MUDRA fund. Modi said at the India-US startup Konnect, “Start-ups defy the natural rates of growth. An idea can become a global name within a year. Customers can multiply at the rate of millions, employ thousands and valuations are in billions.” 

Foreign Direct Investment in India

According to Infosys co-founder and former UIDAI chief Nandan Nilekani, India is the most hyper competitive internet market in the world. In the US, you don’t have Chinese companies- WeChat and Alibaba may be huge in china, but they don’t exist in America. Conversely, the American companies are not there in china. India is the only country in the world where the American, Chinese and home-grown companies are competing. There are three levels of competition. You have amazon competing in e-commerce, companies like Alibaba and Softbank investing in Snapdeal and Paytm and you have a home-grown company like Flipkart.

The government of India has received investment proposals of over Rs 1,1o,ooo crore in the last 12 months from various companies. India has become one of the most attractive destinations for investments in the manufacturing sector.    About 25% of smartphones shipped in the country in the april-june quarter of 2015 were made in India, up from about 20% the previous quarter. The UP government has secured investment deals valued at Rs 5000 crore for setting up mobile manufacturing units in the state, and Maharashtra has cleared land allotment for 130 industrial units across the state with an investment of Rs 6266 crore.

 

Sony corp is getting back to manufacturing in India with plans to make two models of the Bravia brand of television sets at Foxconn’s Sriperumbudur plant. Czech Republic companies are looking forward to invest in sectors like automobile, energy, infrastructure and defence in India. Hitachi is looking at various businesses for expansion in India including IT, healthcare, transportation, water, as well as oil and gas. Siemens has announced that it will invest Rs 1 billion in India to add 4000 jobs to its existing workforce of 16000 in the country. Samsung Electronics has invested Rs 517 crore towards the expansion of its manufacturing plant in Noida. Foxconn is planning an aggressive expansion in India, building up to 12 new factories and employing as many as one million workers by 2020. US-based Hewlett-Packard has said it will focus on mobile printing and will explore the possibility of setting up a printer manufacturing unit in India. 

Trends of quitting multinationals to join domestic startups

The trend of quitting multinationals to join domestic startups seems to be passé. The new flavor of the season seems to be risk taking. Top executives from now established startups are throwing caution to the wind and quitting to join budding firms. Deena Jacob, former CFO at a well-known startup TaxiForSure joined a young startup Helpchat, which was then not even a year old. Kaushik Mitra shifted from kid’s portal FirstCry.com to TranServ, a company engaged in digital electronic payments. Many top executives at startup companies that have made a mark, have begun shifting to nascent companies. Salary hikes are not a consideration: they believe early stage companies are the next best bet to entrepreneurship. Executives claim that with a younger startup results are in front of you-numbers, revenues, and workforce. While younger startups provide more space for innovation and higher employee stock ownership plans (ESOPs), it also gives a chance to build a company, bust the valuation of both the startup and self-resume. The new ventures welcome the trend. 

Startup India

The city is fast becoming a hotbed for food tech start-ups. With a huge multinational crowd, new players are entering the market. The start-ups might be serving food, but they identify themselves as tech firms, by marrying food and technology. The online delivery box model is very spicy right now. It will only get hotter because people are getting busier, which does not give them time to get back to their kitchen.

There is a start-up boom underway. Each day, a few budding start-ups founded by enthusiastic young students and college graduates open shop. According to Nasscom data, more than 3,100 tech start-ups were registered by the end of 2014 and the number is expected to rise to 11,500 by 2020. Many of them will down shutters in some time, while a handful will go on to become behemoths in their niche space, backed by big investor money. Meanwhile, in a highly competitive investment space, venture capitalists (VCs) and private equity (PE) firms are on the prowl for promising start-ups that could grow to become the next big global company with the right amount of funding and guidance. “The biggest challenge for VCs is to discover very early stage start-ups. If this decade is to be known for anything, it will be for the start-ups popping up left, right and center around the globe. A Nasscom study says India has the third highest number of start-ups in the world, behind the US and the UK.

India is not only a country of a million mutinies but it is also a nation of a million dreams. Combine this with the country’s young population and the internet boom and it is not surprising that today we have a plethora of startups spanning various sectors like e-commerce, consumer services and aggregators. These new age companies have not only made life easier for consumers, they have also ensured jobs for many. According to a Nasscom study, startups created 80,000 jobs in the country in 2015. This has been possible because the year was a boom year for the country’s young entrepreneurs. According to VCCEdge, the data research platform of VCCircle, angle and VC investors have sealed as many as 1,096 deals so far in 2015, up 68% from last year, a record jump.  

FDI in India

Years ago no any foreign company was ready to invest in India; but now time has changed and many foreign companies are investing in India. India has emerged on top of the foreign direct investment league table, overtaking china and the US. A ranking of the top destinations for Greenfield investment in the first of 2015 shows India at number one, having attracted roughly $3 billion more than china and $4 billion more than the US, according to the financial times newspaper. Investors have started taking interest in the India growth story. India’s growth is expected to be the fastest among large economies.  

According to The Times of India, During April-June this year, FDI into country grew 31%. Google is planning to invest Rs1500 crore in a new campus in Hyderabad. CISCO will invest $2 billion and it will also invest additional $60 million in India on training and facility expansion.  Microsoft Corporation plans to establish three data centres in India with an investment of Rs1400 crore. Uber Technologies plans to invest $1 billion in India as it expands service beyond 18 cities in India in which it operates. Uber is investing $50 million in Hyderabad over the next five years to establish a facility that will be its biggest international office.  General Motors is planning to invest Rs6400 crore in India. It also plans for a multiple-fold jump in exports from India. It could add 12000 new jobs to GM India and its suppliers. Mars plans to invest about $160 million in a manufacturing plant in Pune. Some of the key chocolate brands such as Snickers and Galaxy will soon be produced in India. Johnson and Johnson’s biggest manufacturing facility in India is set to come up in Telangana with an investment of Rs4000 crore. Coming up on 48 acres, the plant will be operational from 2016 and will employ 1500 people. Hilliard Energy plans to invest $600 million to set up 500MW solar and 150MW wind energy projects in Andhra Pradesh. 

The number of new rich in India will almost double over the next five years, posting the fastest growth of 47%, a latest study says. In comparison, the number of such individuals with a wealth of over $100000 will grow 7% globally and 10% in Asia by 2020, the study says. Self-made individuals who are either salaried, self-employed professionals or entrepreneurs in new age-startups are expected to be close to five crore and the total value of their financial assets is expected to be $879 billion in 2020- almost double of what it was a decade ago.

Shop owners are now planning innovative steps to improve the way people shop at their stores. They are positive the new malls coming up on its fringes will help raise footfall in their stores. E-commerce has made it a big challenge for retailers to sell from the stores. Buyers come, check out products and then order online. So they have to find innovative ways to keep their clothes and shoes relevant. Lots of good shops have shut down. 

Changing World

In today’s fast paced, materialistic world, people are running towards short-cuts of attaining money, success, name and fame to endow themselves with all possible amenities. They want to fulfill their dreams not by walking up the ladder step by step but gaining everything in a flick of a second.

We are at the beginning of a technology boom in India, not at the end of it. Exiting industries are going to be wiped out because of technology change and new trillion-dollar industries will emerge. Amazing and scary things are becoming possible. In the long term, robots will do most of the jobs that humans do. 

We all are living in a faster world. When you look around and observe; you will find that everything is growing, changing and updating too fast. Villages are being converted into small city and small city into big city. No of tuition centers, schools, colleges and universities are opening every year. Metro is being constructed in every big city. No of small and big companies are opening day by day. Big companies like Tata, Reliance, Times of India, spice, wave, Birla etc are spreading their business in many different sectors. No of buildings, stations, airports, stadiums, studios, malls, offices, are increasing too fast. Many new and updated mobiles, cameras, bikes, cars, laptops or electronics products are launching every year. Due to fastest upgraded technology and information life has become too easier.  There is no need to go to market for shopping or to book ticket. You can buy or sell any product or services by siting at your home at any time in anywhere in the world. You can buy cloths, fruits, vegetables, books, electronics products, toys or movie/railway/air tickets online. Even you can find bride or groom online. There are many online companies which are providing these all facilities like Amazon, Flipkart, Localbanya, Bookmyshow, Paytm, Snapdeal, sadi.com, simplymarry.com, laudrywala.com, Olx etc.  Due to internet every difficult work has become too easier. You can start your business from home or you can do study. In this faster world, the thinking of people is changing. They are thinking faster and different than before. Everything is changing or updating every day. Everyone is fighting to be number one by acquiring more assets, Liabilities, power or in terms of look, style, money, name, fame, glamour etc. years ago, it was too difficult to become famous, popular, rich or powerful; but now anyone can achieve these things easily. It was too difficult to sell any products or services to the person who is seated 1000 km away, but now you need to just post on website like olx, Quikr or suryasolution.com and within hours you will get customers. It was too difficult to raise funds to start any business, but now there are many domestic and international investors are ready to invest. There are many legal and illegal sources are available to earn money today, but few years ago it was not like today. It was too difficult to drive car if you don’t have any, but today you can take car on rent and drive by own for hours. It was too difficult to find any way or place in unknown city if no one is present nearby you;, but today you need to just open google map and search location, you will get the way, distance and time to reach there within few seconds. It Was too difficult to connect always with your friends or relatives who was in foreign country, but now you can continue  due to social media like Facebook, Twitter, Gmail or Google plus. There are many products which were too costly, but now it has become cheaper. There are many things which were too difficult before, but now due to technology, internet, software, new and unique idea or changing world everything has become easier. The lifestyles of people have also changed. Years ago maximum people preferred to do job, but time is changing too fast and now maximum people think to start their own business. In my friends, acquaintances and relatives 95% people are doing job in which 80% wants to start their own business and 10% has already started. Only 5% wants to do job whole life. The 10% who has already started, they all are young and age of less than 30. One of my friends has opened a restaurant few days ago, one of my friends is going to start an NGO, one of my friends started placement service last month, one of my friends is starting BPO and there are many examples who has started and who is going to start. I have also invested in some of my friends’ companies.  

Sunny Sunny | The Workout Song | Darshan Raval

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Jacqueline Fernandez HOT Workout In Gym

Awanish surya photo Slideshow

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About Crowdfunding

Crowdfunding is not new to India. From Dhirubhai Ambani’s then small venture funded by locals to temples being built overnight with donations, India has harnessed crowd power. Startups such as Ketto, BitGiving and wishberry have repackaged this age-old concept with a digital bow. Crowdfunding platforms now cater to a plethora of causes from disaster relief, entrepreneurship, art, individual causes and environmental issues. When Delhi based animal care shelter Friendicoes was on the verge of shutting shop, animal lovers came to their rescue on BitGiving. Friendicoes managed to rope in up to Rs60 lakh. While BitGiving helped the Indian National Hockey Team bag over Rs5 lakh to support their participation in the Asian Championship, Catapooolt helped Anjum Jamsenpa raise Rs24 lakh to break her own record and summit Mt Everest for the fourth time. Punyakoti, an animated film in Sanskrit bagged Rs42 lakh from 300 funders on Wishberry in November 2015. Wishberry has funded 250 projects totaling Rs7 crore with 15,000 backers till date. Experts say the growth of such platforms may lead to a level-playing field in the startup ecosystem.    

When the rains ravaged Chennai, multiple campaigns on ketto raised Rs1.38 crore to date. Ketto, founded by Varun Sheth, Kunal Kapoor and Zaheer Adenwala in September 2012, has raised over Rs10 crore through 4,000-plus campaigns. Several campaigns on ketto are run by Bollywood celebrities like Hrithik Roshan and Abhishek Bachchan. On Ketto, several backers united for heart rendering causes such as a bone-marrow transplant for a young girl in Mumbai which garnered over Rs10 lakh, and rehabilitation of a girl in Kolkata affected by an extreme case of Neurofibromatosis which raised a similar amount.

Must Read- its too inspirational

1. Be proud of what you do. Have real pride: If there is one thing sunny epitomizes is pride. ‎See any of her interviews and you’ll realize that she took pride in being a porn star, had no qualms about it, is clearly sincere and made no apologies, neither constructed some sorry story around the same. One of the reasons that you can’t make Sunny feel low about where she started.
Lesson: No one can punch holes in you if you don’t give them a reason.

2. Be clear about what you do and be honest to yourself about it. Use what you have: Whenever someone asks Sunny why she got into porn – she replies candidly – “For money”Rarely will you see a person being so candid.  And it’s her candidness that has won her many fans. She always maintained it was a means to an end and she was ambitious and this was the fastest ‎way to earn money using the assets that she had. Was aware of her strengths and she used them to the fullest (aka her fab body)
Lesson: Being ambitious is important. Making a truckload of money even more important. Using the skills, assets you have is the most important.

3. Always have a plan- status quo is never good enough: Being a porn star was never enough for Sunny. It was just a start. Not many know she has a successful production company called Sunlust that’s a very successful business and she always knew somehow that one day she would get back into mainstream entertainment.

Lesson: Starting somewhere is good. But be clear on where you want to reach.

4. ‎When an opportunity knocks – recognize it, commit yourself to it: When ‘Big Boss’ came knocking at Sunny’s door- she recognized it as a ticket and committed herself to it. Getting recognized in India was important to creating a massive fan base.
Lesson: Sometimes u gotta go with your gut. Don’t let too much analysis lead to paralysis.

5. It’s never too late to start something new. Never think it can’t be done: ‎After big boss sunny dreamed of making it in Indian in mainstream Bollywood- and set about just doing the same. It was something totally new for her – but she shows that you can make it work if u want to.
Lesson: Your past is important but it should not dictate your future.

6. What you do, doesn’t dictate who you are: This one’s a real gem. While sunny was a porn star. It was her profession but that didn’t make her an immoral or loose character person which is normally the assumption that goes with the porn trade. People who know her vouch for this. She never let her trade dictate who she was.
Lesson: you can be the best at what you do, yet not let it change who you truly are.

The History of Mahashivaratri

Puranas contain many stories and legends describing the origin of this festival. 

According to one, during the samundra manthan, a pot of poison emerged from the ocean. This terrified the Gods and demons as the poison was capable of destroying the entire world, and they ran to Shiva for help. To protect the world from its evil effects, Shiva drank the deathly poison but held it in his throat instead of swallowing it. This made his throat turn blue, and he was given the name Neelakantha, the blue-throated one. Shivaratri is the celebration of this event by which Shiva saved the world.

According to another legend in the Shiva Purana, once the other two of the triads of Hindu Gods, Brahma and Vishnu, were fighting over who was the superior of the two. Horrified at the intensity of the battle, the other gods asked Shiva to intervene. To make them realize the futility of their fight, Shiva assumed the form of a huge column of fire in between Brahma and Vishnu. Awestruck by its magnitude, they decided to find one end each to establish supremacy over the other. Brahma assumed the form of a swan and went upwards and Vishnu as Varaha went into the earth. But light has no limit and though they searched for thousands of miles, neither could find the end. On his journey upwards, Brahma came across a Ketaki flower wafting down slowly. When asked where she had come from, the Ketaki replied that she had been placed at the top of the fiery column as an offering. Unable to find the uppermost limit, Brahma decided to end his search and take the flower as a witness. At this, the angry Shiva revealed his true form. He punished Brahma for telling a lie, and cursed him that no one would ever pray to him. The Ketaki flower too was banned from being used as an offering for any worship, as she had testified falsely. Since it was on the 14th day in the dark half of the month of Phalguna that Shiva first manifested himself in the form of a Linga, the day is especially auspicious and is celebrated as Mahashivaratri. Worshipping Shiva on this day is believed to bestow one with happiness and prosperity. 

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How to earn money online

To earn money has become too simple and easy through online. Now there are many options to earn money online by siting at your home. You have to just give few time daily or weekly. you can use your free time and earn lots of money. Few options are given below-

1. you can provide some useful and important information about any topic through your website. when numbers of visitors will increase on your website, you can earn money through advertisement.

2. you can write a blog on any special topic and earn money through advertisement.

3. you can earn money through e-commerce, you can sell products online.

4. you can upload a unique video on you-tube and earn money