Archives
ELECTRONICS 
March 16, 2016 Sony Sees Average Selling Price of Smartphones Rise, Second Only to Apple: Report
According to a blog post by freelance journalist Charles Arthur that estimates global smartphone sales figures in Q4 last year, Sony has the highest average selling price (ASP) for its smartphones – only behind Apple. Average selling price for a smartphone manufacturer represents the average price at which it sells its current smartphone lineup. In […]
NEWS 
March 16, 2016 PMO directs skills ministry to open 7,000 ITIs in one year
Given the steep target, the skills ministry is exploring the possibility of offering soft loans to private players to open ITIs. Photo: Pradeep Gaur/Mint New Delhi: The Prime Minister’s Office has directed skills ministry officials to open within one year 7,000 new industrial training institutes (ITIs), or nearly half the number of all existing ITIs […]
ALL DEALS March 16, 2016 Ex-IIM gurus lend expertise to private B-schools
Photo: Mint Manaswini Acharya, professor of marketing at International Management Institute, Delhi (IMI) says it’s a different atmosphere in the B-school these days—there is a feeling of motivation because of a new boss at work. “He is a hands-on director general, and gets involved in almost everything—from teaching to admission to placements,” said Acharya, who […]
NEWS March 16, 2016 Uber starts to lease cars to its drivers on the lines of Ola
Photo: Bloomberg Ride-hailing company Uber has started leasing cars to drivers in India, borrowing a page from the play book of its larger rival Ola, as it seeks to expand market share. The leasing programme, aimed at attracting more drivers to its platform, is being tested in select cities such as Delhi, Mumbai and Bangalore, […]
NEWS March 16, 2016 Careers360 sells nearly 10% to MeritTrac
Established in 2009, Career360 raised capital from five angel investors for expanding its business in 2014. New Delhi: Education service provider Careers360 on Monday sold around 10% stake to education assessment firm MeritTrac to raise an undisclosed amount. “We are growing in a good pace and the fresh money will be utilized to grow further—in […]
ALL DEALS 
March 16, 2016 Uber’s Travis Kalanick among big names to attend Modi’s Start-up India event
A file photo of Uber’s founder Travis Kalanick. Photo: Bloomberg New Delhi: Investment firm SoftBank’s founder Masayoshi Son, taxi-hailing service Uber’s founder Travis Kalanick and collaborative workspace provider WeWork’s founder Adam Neumann will attend the government’s Start-up India event next week, where Prime Minister Narendra Modi will unveil an action plan to assist early-stage companies. […]
ALL DEALS March 16, 2016 What’s common to Hitler and company budgets
The obsession that once a budget is set it’s sacrosanct, is akin to Hitler’s ‘withdrawal is superfluous’ doctrine. Photo: Getty Images The last quarter of every year is epochal for two reasons: one, everyone believes that the world is coming to an end on 31 March and the budgeted numbers that could not be met […]
HOME & GARDEN March 16, 2016 Urban Ladder to launch home interior solutions in April
The home interior solutions service will be launched in Bengaluru and then rolled out in Mumbai in couple of months, before being extended to other cities where the firm operates. Photo: Hemant Mishra/Mint Bengaluru: Online furniture store Urban Ladder will roll out home interior solutions in April, a category that the company estimates will contribute […]
NEWS March 16, 2016 Airbnb to let neighbours give feedback on hosts
A file photo shows employees working in an Airbnb office in Paris. Photo: AFP Tokyo/San Francisco: Airbnb Inc. will soon give people renting out rooms and homes through its website a better way to find out how the strangers showing up at their properties are behaving. A new tool will let neighbours weigh in with […]
NEWS March 16, 2016 App Annie bets on Southeast Asia, India to capture smartphone surge
App Annie—derived from App Nanny, to imply it takes care of all things app—is mostly unknown outside of tech circles yet counts the biggest names in the industry among its customers. Singapore: A Singaporean shophouse may seem an unlikely symbol of Asia’s mobile boom. Yet one muggy evening in March, about a hundred people packed […]
ALL DEALS March 16, 2016 Apple, Google to Face EU Lawmakers Over Tax Deals
Apple, Google, McDonald’s and IKEA will be asked about their European tax deals on Wednesday as EU lawmakers ratchet up the pressure on multinationals to pay more tax on their profits locally. The hearing, organised by the European Parliament’s tax committee, follows a similar event in November last year when Anheuser-Busch InBev, HSBC, Google and […]
NEWS 
March 15, 2016 9 Questions to Ask When Building a Mobile App
“The next big thing” is a phrase that gets tossed around often. Entrepreneurs dream of creating it but often don’t know where to look, so they head down a long, bumpy road that sucks their wallet and their inspiration dry. Of course, failure nearly always precedes success, but it doesn’t hurt to avoid failure when […]
