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Wednesday, October 18, 2017

Yuvraj Singh named In Domestic Violence Case By Sister-In-Law Akanksha Sharma

1:44 PM 0
Indian cricketer Yuvraj Singh was named in a domestic violence complaint filed by his sister-in-law Akanksha Sharma. Akanksha, wife of Yuvraj's brother Zorawar, has filed a petition against the cricketer, his mother and brother under the domestic violence act in a court.

Akanksha accused her husband and mother-in-law of "mental and financial torture" and alleged that Yuvraj remained a "mute spectator".
Yuvraj Singh named In Domestic Violence Case By Sister-In-Law

A court in Gurugram has issued a notice to Yuvraj and his family to respond by October 21 when the first hearing on the case will take place.

Also Read: Sourav Ganguly's Sacrifice Made MS Dhoni The Cricketer He Is Today: Virender Sehwag

Her laywer said, She (Akanksha) had left her matrimonial house admittedly in September, 2015 and has now chosen to file this petition in the end of 2017.

Akanksha Sharma has alleged that she was under pressure from her in-laws who wanted her to have a baby.

According to Akanksha Sharma's lawyer Swati Singh Malik, "Domestic violence does not mean just physical violence. It also means mental and financial torture...Yuvraj was a mute spectator to the sufferings caused to my client by Zorawar and his mother."

Yuvraj Singh's lawyer said, Akanksha has filed a petition under Section 25 of the Protection of Women from Domestic Violence Act, 2005 and my clients have been arrayed as respondents and their counsel shall appear on their behalf on the date fixed before the court in Gurgaon.
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Reliance Jio 84-day Rs. 399 Dhan Dhana Dhan plan to cost Rs. 459

1:28 PM 0
Reliance Jio 84-day Rs. 399 Dhan Dhana Dhan plan to Rs. 459. In this plan subscribers will get 1GB 4G data per day. The company also said, subscribers of its Rs. 149 plan will get double the amount of high speed data 4 GB of data for each billing cycle of 28 days under the new scheme "Diwali Dhamaka" compared to 2GB being offered now.

Reliance Jio's Rs. 399 "Diwali Dhan Dhana Dhan" plan gives users eight coupons of Rs. 50. This translates into a complete cashback of the recharge amount. However, these eight coupons of Rs. 50 can only be redeemed after November 15 on a recharge of Rs. 309 or higher denomination pack.

The last day to avail the Rs. 399 plan is October 18, 2017.

Also read: Vodafone offers 90GB data free local and STD calls in Rs 399 to prepaid users

The new Jio 459 plan will provide users with 1GB of high-speed data per day for 84 days, along with free calls and bundled SMS like the earlier Rs. 399 plan.

Jio has introduced plan for Rs. 52 with one-week validity and Rs. 98 with two weeks that will offer its customers free voice, SMS, unlimited data (0.15 GB daily).

All plans of Jio will continue to offer unlimited voice calls even during roaming.

Under the tariff revision, Jio has also doubled the amount of data bundled with the Rs. 149 prepaid pack from 2GB per day to 4GB per day.

The company has also reduced benefit under Rs. 509 scheme, which offers 2GB of data per day, by reducing its validity or billing cycle from 56 days to 49. Accordingly, data at high speed gets reduced to 98 GB from 112 GB under previous scheme. Under this plan, data cost will be Rs. 5.2 per GB.

The Rs. 999 plan which offered 90GB of 4G data without cut in download speed will now offer 60GB high speed data for three months.

Jio has introduced Rs. 1,999 plan which will have six months validity and offer 125GB data at unrestricted high speed.

Under the new scheme, the validity of plan priced at Rs. 4,999 will be for a year instead of 210 days under the previous scheme. However, customers opting for it will get unrestricted access to 350 GB high speed data for the plan period compared to 380 GB offered earlier for same price. (Source NDTV)
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Flipkart in talks with Kishore Biyani to buy 8-10% stake from Future Lifestyle Fashions of Future Group

4:00 AM 0
Online Ecommerce portal Flipkart is in talk to buy 8-10% stake from Future Lifestyle Fashions of Future Group.

Future Lifestyle is one of the largest branded apparel retailers in India with total retail space of 5.4 million sq ft across 400 stores in 90 cities and a diversified portfolio of 30 brands straddling different segments and price points. It has large department store formats like Central and Brand Factory as well as specialist niche formats such as Planet Sports.
Flipkart in talks to buy 8-10% stake from Future Lifestyle Fashions

Future Lifestyle owns and markets 41 domestic and global fashion brands including Lee Cooper, Scullers, Indigo Nation, John Miller and Jealous 21.

Also read: Flipkart Payments invested Rs 254 crore in PhonePe

The promoters own 60.6 per cent of Future Lifestyle Fashions, of which around 49 per cent is pledged as debt collateral. The remaining 39.4 per cent is with the public and other institutional shareholders, which includes an 11.43 per cent stake held by Wipro chairman Azim Premji's investment arm Premji-Invest.

At current market capitalisation of Rs 6,536.81 crore ($1 billion), a 10 per cent stake would cost into an investment of Rs 650 crore ($100 million).
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Tuesday, October 17, 2017

Guest Blog few Entrepreneurs quotes and sayings for success

12:53 PM 0
Entrepreneurship is not an easy job, lots of hard work, dedication, risks, sacrifices etc are required.

Here are few entrepreneurs quotes and sayings for success.

- Do not let others to drive your future, your happiness #Entrepreneurs

- Thinking yourself smart is good but assuming others are fool is a mistake #Entrepreneurs

entrepreneur quotes for success
- There are two kind of feedback you will get from people: Positive feedback and there own feedback  #Entrepreneurship #startups

- Some one said it very correctly... Between ethics and job... Choose Ethics you can get a second job easily #Entrepreneurship

- Start your day doing something exciting and passionating

- Successful person has always a winning attitude.. that makes them different from others #Entrepreneurs #startup

- Everyone has the power n potential inside... Need a situation to come out... #Entrepreneurs #Entrepreneurship

- People will join you once you will become successful, before they will give you only excuses... #Entrepreneurship tips

- Until you start, RISK word will be there... Once started it might be just a loss and too much experience you will gain. #Startup

- It should be always You Vs You when you are starting something now.  #Entrepreneurship

- Give importance to them who understand your value, else don't waste your valuable time... #MeToo #ICanYouCan
entrepreneur quotes and sayings for success

- If you're not following your passion then surely you need #MondayMotivation else u can work on weekends without motivation...

- It's a new day !!! New thoughts... New start.... #MondayMotivation

- If you follow your passion then you may not be rich but you will always be happy #Entrepreneurship #startups

- It's true... You can be very important to someone but may not be always... #Tips one turning point of life

- Unless you take the first step, you can not proceed... There is no perfect time to start, u can start anytime #startup

- If you are passionate of doing something, do not look for money or profit immediately.  It will come on your way #Entrepreneurship
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BankBazaar raised Rs 195 crore funding from UK-based credit rating bureau Experian

12:23 PM 0
Chennai based A & A Dukaan Financial Services Pvt Ltd, which operates online financial services marketplace BankBazaar has raised Rs 195 crore funding from UK-based credit rating bureau Experian.

BankBazaar raised Rs 195 crore funding

BankBazaar CEO Adhil Shetty said, The funds from this round will be used to further strengthen our position as the leader in securing paperless access to loans, cards, and mutual funds.

Also read: PolicyBazaar raised Rs 500 crore

The financial services startup provides instant customised rate quotes on loans, credit cards, and insurance products. In India, BankBazaar has partnered with over 75 financial institutes and has diversified to offer 12 financial products including insurance and mutual funds.

Previously Amazon, Fidelity Growth Partners, Mousse Partners ets had invested in BankBazar.
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Monday, October 16, 2017

Ready to cook startup Fingerlix raised Rs 45 crore from Accel Partners and Others

11:21 PM 0
Mumbai based Ready-to-cook (RTC) food brand Fingerlix raised Rs 45 crore from Accel Partners and existing investor Zephyr Peacock. The startup said it will use the funds to enter into cities like Bengaluru, Hyderabad and Chennai etc. Currently it is operating in Mumbai, Pune and NCR.

Fingerlix CEO Shree Bharambe said, We have one kitchen in Mumbai, which covers the supply for Mumbai and Pune, another is coming up in Delhi and we will also have one in the south. Our sense is that the three facilities will cover the volume for all our cities going forward. We expect to be active in the new cities in the next six months. Our Rs 500 crore in reaspiration is to get to venues by 2021. It's a huge category with a huge opportunity.

Fingerlix raised Rs 45 crore from Accel Partners and Others

The company has now sales of about 6,000 units per day, touching over Rs 12 crore in annual revenues.

Also check out: Vodafone offers 90GB data free local and STD calls in Rs 399 to prepaid users

Fingerlix will enable artificial intelligence-based solutions to streamline its supply chain and improve its demand forecast to help meet demand of fresh products regularly while cutting down on wastage.

Currently, Fingerlix has about 15 SKUs (stock keeping units) with fresh batter forming just shy of 50% of its revenue pie. But beyond fresh foods, the firm is also looking to invest some of the capital raised in newer products including recipe-based offerings in several centre-of-plate categories such as snacking where it sees a huge opportunity.
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Vodafone offers 90GB data free local and STD calls in Rs 399 to prepaid users

8:19 AM 0
India's second largent telecom operator Vodafone launched a new plan for its prepaid users. In the new Rs 399 plan, Vodafone offers 90GB data and unlimited local and STD calling for a period of 6 months from the date of the recharge.
Vodafone offers 90GB data in Rs 399 to prepaid users

This comes after Reliance Jio and Airtel givers a similar offer. Airtel Offers 50GB Data and Unlimited Calls With Rs. 999 Postpaid Plan

Reliance Jio's 'Diwali Dhan Dhana Dhan' plan offers 84GB data for 84 days and unlimited calling. Along with this, the company is also giving a cashback of Rs 400 to the customers who will avail this offer. As part of the cashback, the telco will offer eight vouchers of Rs 50 each (amounting to Rs 400), which can be redeemed on future recharges of Rs 309 or above and on add on recharges of Rs 91 and above.

Also check: Reliance Jio offers 100% cashback on Rs 399 recharge

Airtel also has a plan with similar value. Under Airtel Rs 399 plan, it is offering 1GB data per day for a period of 28 days for 4G smartphone users. However, the non-4G users will get 1.25GB data per day under the same plan.
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Reliance Jio net loss at Rs 270.6 crore but posts Rs 6147 crore revenue

8:07 AM 0
Mukesh Ambani's Reliance Jio has reported a net loss of Rs 270.6 crore in second quarter ended September 30, 2017 but for the same quarter the revenue was Rs 6,147 crore.

The average revenue per user (ARPU) for the period was at Rs 156.4 per subscriber per month. The company added 1.5 million users during the quarter, taking the total subscriber number to 138.6 million at the end of September 30.

Reliance Jio net loss at Rs 270 crore

Also read: Forbes India's Rich List 2017 Mukesh Ambani at top with $38 billion net worth

Reliance Chairman and Managing Director Mukesh Ambani said We are focused on providing multi-layered digital services on top of the basic connectivity service to optimally utilise our world-class infrastructure. The strong financial results of Jio demonstrates the robust business model of Jio and the significant efficiencies that the Company has built through its investment in the latest 4G technology and right business strategy.

Reliance Jio Infocomm is expected to post a net profit next fiscal (2018-19).
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Hotel Leela Palace Room Number 345 Where Sunanda Pushkar Was Found Dead Unsealed

7:27 AM 0
After 3 years, Hotel Leela Palace Room Number 345 Where Union Minister Shashi Tharoor's wife Sunanda Pushkar was found dead has been unsealed and has been handed over to the hotel authorities. Today Delhi Police told this in court.

The five start hotel room has been sealed after Sunanda Pushkar found dead in 2015. Delhi police had claimed that Ms Pushkar was poisoned, and registered a murder case against unknown persons. The cops kept visiting the suite during their investigation.

Hotel Leela Palace Room Number 345 Sunanda Pushkar

Also check out: Forbes India's Rich List 2017 Mukesh Ambani at top with $38 billion net worth

The court had on October 10 granted six days to the Delhi Police to comply with its earlier order to unlock the suite after they had said that they were expecting reports from the forensic laboratory.

Earlier this year, the court had reprimanded the police saying the hotel cannot be made to suffer merely because the investigating team cannot ascertain the cause of Ms Pushkar's death and directed them to unseal the room. It noted that a huge financial loss has already been caused to the hotel.

The police was on September 12 told by the court to collect all the articles required for probe.
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Prime Minister Narendra Modi said GST Decision Not Taken By PM Modi Alone

6:50 AM 0
Today in a campaign for the BJP, Prime Minister Narendra Modi said today that the decision to implement the reform was not of Prime Minister Modi alone, 30 parties that were consulted and involved with the new tax. He said, The Congress is an equal partner in GST decisions. They should not spread lies on GST.

GST Decision Not Taken By PM Modi Alone Narendra Modi

GST and note ban has been tagged as a significant contributing factor to the economic slowdown. Top union ministers have said that the slowdown, based on the last quarter which registered a three-year-low of 5.7 per cent growth, is being exaggerated. The PM himself in a lengthy defence of his economic record said that “a handful of pessimists” are playing fast and loose with facts to misrepresent a blip in the economy.

The government and the PM’s party have said that short-term pain points caused by these structural reforms will be more than compensated for because GST and demonetisation will curb black or untaxed money and steadily expand the base of taxpayers.
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