HIGHLIGHTS Fitbit launched in India in August 2015 It has 500 retail stores in India with 1,000 targeted for 2016-end According to Fitbit, its more expensive models are most popular “I started using a Fitbit when I joined the company last year,” says Manisha Sood, the Country Manager for Fitbit. “At the time I was taking only around 3,000 steps ... Read More »
Facebook CEO Says Group Will Not Become a Media Company Facebook will not become a media company, its founder and CEO Mark Zuckerberg said on Monday, telling students the firm would remain a technology platform. An increasing number of users are turning to social media networks, such as Facebook and Twitter, to find their news, but Zuckerberg said his firm ... Read More »
South Korea’s antitrust regulator said on Friday it is looking into whether Google has violated the country’s anticompetition laws, acknowledging formal scrutiny of the global internet search company for the first time. The Korea Fair Trade Commission (KFTC) disclosed the investigation in a brief statement, without commenting on the nature of the probe nor any potential antitrust violations. A person ... Read More »
Smriti Irani said her ministry had promised the states a say in the new policy. Photo: PTI New Delhi: Human resources development (HRD) minister Smriti Irani on Friday took a dig at former cabinet secretary T.S.R. Subramanian who recently submitted a new education policy (NEP) report, saying she will not make the policy “the legacy of one individual”. The five-member ... Read More »
On 24 May, the court ruled that V.G. Jasmine, a second-year graduate student of Kannur University, cannot take her examination as she missed 52 out of 93 classes during her advanced stage of pregnancy. Photo: iStockphoto New Delhi: Can students claim exemption from attendance requirements due to pregnancy? A recent ruling of the Kerala High Court answers with a negative. ... Read More »
Recalling the days of Emergency, Arun Jaitley said Parliament without an opposition amended the Constitution in order to legitimise a Constitutional dictatorship. (File Photo) NEW DELHI: On the 41st anniversary of imposition of Emergency, Finance Minister Arun Jaitley today took swipes at Congress and blamed it for delaying economic reforms by two decades, transforming India into a ‘dynastic democracy’ and ... Read More »
Currently, the interest rates are decided by the Governor of theReserve Bank of India. New Delhi: Moving ahead with the operationalisation of the interest rate setting monetary policy committee, the Finance Ministry has said it will notify the rules “within few weeks” and thereafter appoint three government nominees. “We are already working on it (on the rules). I think it should not take more than ... Read More »
Tim Cook had discussed manufacturing and setting up retail stores in India with PM Modi. NEW DELHI: Apple CEO Tim Cook has said the tech giant is “looking forward” to setting up retail stores in India to tap into the booming smartphone market in here. “India is now one of our fastest growing markets. In the first three quarters of ... Read More »
Wix (Nasdaq:WIX), a company well-known for helping small businesses build and operate websites, has reported strong earnings for its second financial quarter of 2016. Wix posted a 41 percent revenue increase to $68.7 million compared to $48.6 million for the same period last year. On the flip side, however, the company reported a net loss of $11.4 million, which topped ... Read More »
Instagram is gaining massive popularity among consumers and brands alike. But many small businesses still don’t know exactly what to do with the platform. If you’re still unsure about exactly how to use Instagram to benefit your business, it might help to look at what other successful businesses are doing with the platform. Those are exactly the types of insights ... Read More »
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