Daily Archives: January 10, 2012

100% FDI in Single Brand Retail Approved

By Team PI No Comments

Indian government has approved 100% FDI in single brand retail with a rider that for proposals involving FDI beyond 51 per cent, the mandatory sourcing of at least 30 per cent would have to be done from the domestic small … Read More »

Ostrich time for E-Commerce Companies in India?

By Guest Author No Comments

With all due respects to the e-commerce ventures… The survey reports by those fancy researches always show the graph of e-commerce market India soaring northward, exponentially!!! No doubt everybody wants to get a slice from this pie.  But what fascinates … Read More »

IRCTC: Payment Gateway Data [Dec 2011]: 31% Failure in Netbanking Transactions

By Team PI No Comments

In total, 12992201 transactions were attempted , out of which 9813582 were booked successfully (76% success rate). Read More »

 

Canaan Partners Closes $600 Million Fund

By Team PI No Comments

Canaan Partners has announced today the closing of a $600 million fund, Canaan IX. The new fund brings total capital under management to $3.5 billion and will enable the firm to continue backing visionary entrepreneurs who are building disruptive global … Read More »

Templatic: Building WordPress based Business from a Tier-2 City [Interview]

By Team PI No Comments

While there are quite a few designers doing consulting services related to WordPress, very few (especially from India) have actually built a ‘product based’ business around WordPress. By product, we mean ‘out-of-the-box’ solutions that pertain to specific user base (for … Read More »

An Entrepreneur’s Promise

By Guest Author No Comments

I will respect your endeavors without getting biased whether you are my friend/contact/an associate. If your product is good, I will recommend and use your product even if it is built using my competitors product! Read More »

Make your home wireless and access your household electronics from anywhere via cell phone / web [Evolutech Networks]

By Rachit Mangal No Comments

Evolutech Networks offer smart grid solutions for your home. Virtually you can control and monitor any electronic device in your home (TV, Washing machine, computer, AC, lighting, security systems etc.) at the touch of mobile phone key or online web … Read More »

 

Explained: How is advertising expense taxed?

By Vakilsearch, Hrishikesh No Comments

Now that a lot of startups take the online advertising route, it is important to understand how is advertising expense taxed. Read on. Read More »

Students from IIT Delhi launch online comparison shopping tool, Smartprix

By Rachit Mangal No Comments

Increasing number of players in India’s e-commerce space has led to information overload for online buyers. Abhinav Choudhary and Hitesh Khandelwal (IV year students at IIT Delhi) saw this as an opportunity and started building Smartprix. Smartprix empowers cell phone … Read More »