Year: 2018

It’s easy to make huge mistakes in business. Even if you’re good at your job, and you have all the variables in mind, it’s impossible to know for sure how the future will turn out. And sometimes that makes for gigantic blunders, as these next eight entries will show you.   Most organizations believe they have a great idea or a strategy or a plan or product that will take them into the stratosphere… they’re all wrong! Companies that make their people feel valuable have the most value in the…

In a landmark judgement, the Supreme Court of India scrapped the 150-year old adultery law as unconstitutional. Reading out the judgement, Chief Justice of India Dipak Misra clearly stated that equality is the need of the hour. He also added that time has come when the husband should not be considered the master. Legal sovereignty of one sex over another is wrong. Supreme Court unanimously declares Section 497 IPC as unconstitutional.   A five-judge constitution bench, headed by Chief Justice Dipak Misra, had reserved its verdict in August. The hearing in the…

The five-judge constitution bench, led by Chief Justice Dipak Misra, delivered their verdicts on the controversial issue of Aadhaar, upholding its constitutional validity. A total of 31 petitions had challenged the verdict citing violations of the right to privacy. The Supreme Court has delivered verdicts on whether the mandatory linking of Aadhaar with welfare schemes, bank accounts, PAN, etc, violates the privacy of individuals or it is necessary to maintain accountability and ensure all government benefits reach the poor.   The Unique Identification Authority of India (UIDAI) has the biometric…

Artificial intelligence (AI) and the internet of things (IoT) offer tremendous potential for business transformation. Leaders looking to make the most of the opportunities inherent in these linked technologies need to identify specific business goals – then chart out how to realize those goals using the surfeit of data that IoT devices produce and AI analyses.   The fact is, most firms are yet to fully engage with transformative technologies. Only 3 percent of companies say they have full AI deployments. Enterprise IoT is a little more mature, and is…

The world is witnessing about the companies moving towards valuation in Trillion dollar. After Apple, now Amazon has got the valuation of $1tn marks lead by Jeff Bezos, the world’s richest man. founded by Bezos in Seattle in 1994.   On Tuesday, a rise in the share price of Amazon, which is listed on the Nasdaq stock exchange in the US, briefly took it above the trillion-dollar watermark for the first time.   Now, Amazon has achieved a major presence in everything from retail, to groceries, to video streaming, e-commerce and cloud…

India’s hotel chain Oyo has raised $1 billion round fund from existing investors including SoftBank Vision Fund, Sequoia Capital and Lightspeed Venture Partners.   The investors have put in $800 million now, with commitments for rest $200 million in coming months. The fund will majorly be utilised in Oyo’s overseas expansion plan. Around 60 per cent of it will be put into China, where Oyo launched its operation in May last year.In China, it claims to have set up a base of over 50,000 rooms in the span of three…