Great economists will always say that education, food and medical industry can never be hurt by any recession. If you dig deep you would find that these are the industries where over consumption can never happen and also, these being a bare necessity can never be compromised irrespective of financial abilities. So what about the...
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Recession is in and it’s time to hit the sack and say all negative things about it! Not really. Cash the Crash paints a very positive story on recession and talks of why (and how) is it a big opportunity. Authored by Yogesh Chabria (he started investing in stocks when he was 16, writes for moneycontrol,...
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In India, our financial year ends 31st March. This might sound a bit odd to our Americans friends, but remember we are more British than you. ...
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Recession is hitting the advertisement world and private sector, which constitutes the bulk of advertising industry will curtail it’s spending by 32-35% in the current fiscal. As per ASSOCHAM, even though print and media have dropped their rates
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Recession has hit the consumer spending hard – but the worst hit segments are passenger cars/two-wheelers and airlines. As far as consumer durables are concerned, overall production for categories such as washing machines, refrigerators and televisions grew 7 per cent in 2008, based on numbers captured in the
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Oracle India’s Financial Services (i.e. erstwhile i-Flex), in a drive to cut cost has linked salary with one’s billing hours – resulting in salary cuts of 10-50% across the board. “If an employee is a billable resource for 15 days a month, he will be paid in full for that period while for the rest...
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The media business is solely dependent on advertising dollars – and is precisely the most hit in the times of recession. Here is a recap of what’s happening with media businesses: Outlook group, as reported in Businessworld is up for sale. The INX network has huge distressed assets while NDTV is planning to raise more funds from...
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In a cost cutting drive, Infosys has urged it’s employees to cut cost atleast by $10. “If each one of us is able to identify a savings of even $10-not just per day or per month-but $10 as a one-time effort from each one of us, that would translate to a saving of close to...
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One of India’s largest industry house Chairman has warned his CEOs of the impending recession and has suggested them to consider following
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MBAKarma, a CAT simulation product was launched a year back (read our coverage) and the founder,
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Recession will see many of your fav products/companies/blogs shutting shop/stopping their service. The first one to join the list is valleywag – one of the most amazing blog with a great sense of humor (a personal all-time favorite) . Though VW is not
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Continuing with our series on Recession, Downturn and Startup Survival, here is an interview with Hrush Bhatt, co-founder of ClearTrip. How are you adapting your business model to the current circumstances. How are you now thinking about revenue and monetization of business? At Cleartrip, we’re putting much more emphasis on the things we can control as...
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Continuing with our series of articles on Economic Recession & Perspectives (from Startups/VCs & Industry Leaders), here is an interview with Dhruv Agarwala & Kartik Varma, founders of iTrust, a personal finance advisory firm (our review here). How are you adapting your business model to the current circumstances. How are you now thinking about revenue...
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Now that Diwali is over,expect some crackers from the HR department! As per Assocham’s new report ‘Jobs scenario, post-Diwali’, India Inc. is likely to announce lay offs of nearly 25% – 30% of its workforce within the next 10 days across seven key industrial segments (steel, cement, ITeS/BPO,
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Continuing with our series on Economic Downturn and Startup Survival, here is a quick QnA with Lalit, Co-Founder of Mobisy. What are you doing now that you were not doing previously – has anything in your execution changed? Lalit: Not really – at Mobisy we believe that when going gets tough we really
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Continuing with our series on Economic Downturn and Startup Survival, here is a quick QnA with Suvir Sujan of Nexus India Capital (earlier co-founded Baazee which was acquired by eBay) Early and start-up stage funding is getting difficult to raise – what would you suggest as sources of capital for someone who has not been...
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The best shield in recession times is to have a product/service that users will pay for. But what are those services? Asks Rajesh (@startup forum) Now that the market is down and even India is slowly heading towards recession, I would like to understand from pluggd.in readers – what is it that is a viable idea? something...
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After all the recession talks, comes a breather: An interesting take on Sequoia’s presentation
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The Wall Street as we know it doesn’t exist. This could be the onset of worst financial crisis in the last fifty years. The alarms are being sounded. It’s going to be gloomy ahead. ‘Brace yourself for the...
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Continuing with our series on economic recession and startups – here is an interview with Ashish Gupta of Helion Ventures. Early and start-up stage funding is getting difficult to raise – what would you suggest as sources of capital for someone who has not been able to so far raise funding Angels are typically a...
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