सपनों से शिकार होता है युवापीढ़ी का अब।
How to Make $100 m Before Turning 40
पलाश विश्वास
মণীশকে খুন করা হয়েছে, নালিশ বাবার
নিজস্ব সংবাদদাতা
০৭ অগস্ট, ২০১৪
ইন্টারভিউয়ে পাশের খবর জানার আগেই আত্মঘাতী যাদবপুরের ছাত্র
নিজস্ব সংবাদদাতা
০৬ অগস্ট, ২০১৪
इलाहाबाद से हिमांशु रंजन जी ने याद दिलाया है कि किसी ज़माने में पी.एस.ओ. (अब आइसा), 'दस्ता' और 'परिवेश' के हम सभी साथी इलाहाबाद की सड़कों पर और विभिन्न इलाकों में नुक्कड़ नाटक करते हुए शैलेंद्र का यह गीत ज़रूर गाते थे।इस याद के लिए धन्यवाद।युवापीढ़ी अब बदलाव के सपने नहीं देखती,सपनों से शिकार होता है युवापीढ़ी का अब।
समूहगान / शैलेन्द्र
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क्रान्ति के लिए जली मशाल
क्रान्ति के लिए उठे क़दम
भूख के विरुद्ध भात के लिए
रात के विरुद्ध प्रात के लिए
मेहनती ग़रीब जाति के लिए
हम लड़ेंगे, हमने ली कसम !
छिन रही हैं आदमी की रोटियाँ
बिक रही हैं आदमी की बोटियाँ
किन्तु सेठ भर रहे हैं कोठियाँ
लूट का यह राज हो ख़तम !
( Ganesh Tiwari के सौजन्य से)
Aug 14 2014 : The Economic Times (Mumbai)
ET EXCLUSIVE - Kaun Banega Crorepati? 400 Already in Flipkart
RADHIKA P NAIR |
BANGALORE |
Bangalore Magic Valuation growing by the day, startup bellwether Flipkart creates enormous wealth for staff in less than a decade
About 400 employees with stock s options at online retailer Flipkart have hit the `crorepati' ( jackpot because of the surging valuation of the online retailer.
The bonanza is reminiscent of the times when thousands of employees -among them office assistants, drivers and recep 2 tionists -at another Banga lore-based company Infosys hit Esop paydirt. "About 400 of the employees who own a stake have now become crorepatis," said a person who has direct knowledge of the employee stock option scheme at Flipkart, which received $1 billion `6,000 crore) in funding last (.
month, valuing it at $7 billion.
About one-fourth of Flipkart's 7,000 full-time employees own a stake in the company .
At the senior-most level, nearly 20 employees who are at the grade of senior vice-president or above and joined over two years ago are now dollar millionaires, meaning their stock options are worth at least ` . 6 crore on paper. The firm's stock options get vested over four years.
Flipkart declined to provide details for the report.
It is the online retail market leader's valuation jump that has led to this wealth creation.
In 2012, the company was valued at about $850 million when it raised about $150 million. In two years, Flipkart's valuation has grown eight times.
For the company's founders, Esops are a conscious attempt at creating wealth for their employees. "While we are competitive when it comes to salaries, Esops offer the opportunity for wealth and value creation," said Sachin Bansal, 32, Flipkart's co-founder and chief executive.
"It's a long-term reward for those who believe in the future of Flipkart."
After the IT services industry, ecommerce is now the next big opportunity for employees to create wealth, said Anshuman Das, managing partner at Longhouse Consulting, a recruitment firm that works with startups. "The message going out to entrepreneurs is that wealth creation cannot be restricted to just the founders."
A number of junior employees at Flipkart too hold sizeable stake in the company. This has helped employees like 29year-old Ambur Iyyappa, a senior manager of customer operations at Flipkart. "I was getting married in 2012 and the buyback allowed me to take care of my wedding expenses," said the graduate of Annamalai University.
Iyyappa, who sold only a part of his stake at the time of the buyback, declined to reveal how many shares he still holds.
He was the second non-founder employee to join Flipkart in 2008. It was only in 2009, the same year that the company raised its first round of funding of $1 million (over Rs 6 crore) from Accel Partners, that Flipkart started providing Esops.
Fashion e-tailer Myntra, which was acquired by Flipkart in May , allowed employees to sell shares at the time of the acquisition, according to a person with direct knowledge of the deal. The company declined to confirm this. Myntra provides Esops to all its core employees, numbering about 600, in functions such as technology and marketing across all levels.
For existing employees like Iyyappa, Esops provide recognition. "Esops are a motivation for us employees," said Iyyappa. "It is how the company recognises our work."
Aug 07 2014 : The Economic Times (Kolkata)
How to Make $100 m Before Turning 40
Not everyone can do what Flipkart founders Sachin and Binny Bansal did -build a $7 billion dollar company before turning 40. But more than a handful of first-generation entrepreneurs have managed to mint their first $100 million, and plenty more, in wealth while still in their thirties. N Shivapriya and Madhav Chanchani profile a few
Divyank Turakhia 32 & Bhavin Turakhia34 DIRECTI GROUP Personal worth: About $350 million ( `2,100 crore) The brothers set up a webhosting business while still in college, grew the bootstrapped venture and won customers in US, China and Brazil, among other places. Early this year, they sold the business to Nasdaq-listed Endurance Group, but they still own the internet advertising business and top-level domains such as .press, .website, and .space. Divyank, a hobby pilot, owns a single-engine Cessna.
Dhiraj C Rajaram 39 MU-SIGMA Company valuation: Over $1.5 billion (`9,000 crore) Rajaram started building a data analytics company exactly a decade ago, when big data was yet to become a buzzword even in Silicon Valley, let alone India. Now, with a quarter of Fortune 500 companies as its clients, the title `the Infosys of analytics' sits eas ily on Mu-Sigma.
He started the company with $200,000 in sav ings, after stints as a strategy con sultant with Booz Allen Hamilton and PwC. MuSigma raised $45 million in 2012 at a $1.5 billion valuation, but its current valuation is likely to be higher as its revenues have since increased 3-4 times. Palantir Technologies, a peer company in Silicon Valley, is valued at $9 billion. A sign of things to come?
Naveen Tewari 37, Abhay Singhal 34, Mohit Saxena 39, Amit Gupta 38 INMOBI
Company valuation: about $1.5 billion The four IIT alumni, who started inMobi from a one-bedroom flat in Mumbai in 2007, are expected to raise a new round of funding at a valuation of $1.5-2 billion. They had raised $200 million from Softbank at a $1 billion valuation three years ago. Founded on the mobile-first philosophy, the strength of this independent mobile ad network is its intellectual property, which allows targeted advertising based on a database of about 760 million users. Its software matches advertisers with content providers and serves about 5 billion ads on the mobile everyday (Also see story above).
Rahul Sharma, Sumeet Arora & Vikas Jain all 40 MICROMAX INFORMATICS Company valuation: Over $7-10 billion (`42,000-60,000 crore) An engineering graduate, Rahul Sharma had no work experience when he set up Micromax, with friends Sumeet Arora and Vikas Jain and neighbour Rajesh Agarwal in 2000. Today, it has a topline of over `7,000 crore. Sharma, Arora and Jain each own 18.5% in Micromax, which was planning to go public at $1 billion valuation in 2011. It has since grown in size, market share, reportedly toppling Samsung from the perch in India. And so have valuations -reportedly $7-10 billion.
Amar Goel 38, & Rajeev Goel 36 PUBMATIC Company Valuation: Over $1 billion (`6,000 crore) The company is exploring a public listing in the US and reports suggest it could be valued at over $1 billion. Rajeev leads Pubmatic as its CEO, while Amar leads Komli Media, an online advertising network. Komli expects to end 2014 with $100 million in revenues.
Kunal Bahl 32 SNAPDEAL Company valuation: $1 billion (`6,000 crore) When initial plans for a discount coupon venture did not take off, Kunal Bahl turned it into a group buying website and then swung towards an online marketplace model. This has attracted customers and investors. SnapDeal's last round of financing of $100 million attracted sophisticated investors like Temasek and Blackrock.
He is also an active angel with equity in Olacabs and software firm Unicommerce.
সাইবার নিরাপত্তা নিয়ে হুঁশ নেই রাজ্যের
জগন্নাথ চট্টোপাধ্যায় ও কুন্তক চট্টোপাধ্যায়
ভরসন্ধেয় ই-মেল ঢুকল সরকারি দফতরের অ্যাকাউন্টে। তার পরেই কম্পিউটারের একের পর এক তথ্য নষ্ট হতে শুরু করল! দেখতে দেখতে পুরো কম্পিউটারটাই বিকল হয়ে গেল। ভরদুপুরে হঠাৎই হ্যাকার হানা জাতীয় বিদ্যুৎ গ্রিডের কম্পিউটারে। কয়েক সেকেন্ডের মধ্যে গোটা দেশে নেমে এল লোডশেডিং। বিপর্যস্ত হয়ে পড়ল চিকিৎসা, পরিবহণ-সহ যাবতীয় জরুরি পরিষেবা!
০৮ অগস্ট, ২০১৪
শিক্ষামন্ত্রীর বার্তাই সার, কলেজে সংঘর্ষে ফের জড়াল বহিরাগতেরা
নিজস্ব প্রতিবেদন
০৮ অগস্ট, ২০১৪
ভর্তির টাকা ফেরত চেয়ে এ বার বিশ্ববিদ্যালয়ে পড়ুয়ারা
নিজস্ব সংবাদদাতা
ভক্তবালা বিএড কলেজে ভর্তি নিয়ে দুর্নীতির রেশ পিছু ছাড়ছে না কল্যাণী বিশ্ববিদ্যালয়ের। আবারও ভক্তবালা কর্তৃপক্ষের বিরুদ্ধে টাকা তছরুপ ও হুমকির অভিযোগ নিয়ে বিশ্ববিদ্যালয়ের দ্বারস্থ হলেন বিএডের চলতি শিক্ষাবর্ষের ছাত্র-ছাত্রীরা। ২০১৪-১৫ শিক্ষাবর্ষে ভক্তবালায় ভর্তি হওয়া ১৬ জন ছাত্র-ছাত্রীর মধ্যে ১৪ জন বৃহস্পতিবার উপাচার্য রতনলাল হাংলুর সঙ্গে দেখা করতে যান।
০৮ অগস্ট, ২০১৪
রেজিস্ট্রারকে ফেরাও, ছাত্র-বিক্ষোভ প্রেসিডেন্সিতে
নিজস্ব সংবাদদাতা
০৮ অগস্ট, ২০১৪
Aug 07 2014 : The Economic Times (Kolkata)
New Age Living: Home is Where the Smarts Is
KRITHIKA KRISHNAMURTHY |
BANGALORE |
Homes fitted with smart features save on costs, turn popular
Home automations are no longer luxury add-ons for builders--they are now a cost-saving necessity.
Unishire, a three-year-old builder in Bangalore, said homes fitted with smart features is a default for customers across the 2 million square feet that the company's developing.
"Previously it was perceived just as a lifestyle quotient, but I realised it translates into huge savings in the long run," said Vinay Mehta, who is a customer to Bangalorebased SmartrHomes Technologies that has developed a water metering and billing system for apartment complexes.
The water bill in apartment complexes is usually calculated by a simple formula--the total water used is divided by total number of houses. All houses pay equally, despite differing usage.
Vivek Shukla, housed in an apartment complex in south Bangalore, encountered this problem.
"My water bill is twice as much my electricity bill," said Shukla, CEO of SmartrHomes, who set out to design sensors that sit at the entry point of plumbing and compute how much water is used by each household.
The solution costs upwards of ` . 5,499 and was commercialised this April. The company is talking to both upcoming apartments and 14 other existing ones in Bangalore.
Although deal activity is yet to take off in India in the home automation space, dollars are being pumped in aggressively overseas. Between 2012 and 2013, home automation startups have raised $468 million across 56 deals. Earlier in 2014, Google's acquired Nest, a maker of thermostats and smoke alarms.
Six-year-old Silvan In novation Labs has worked with top builders including Sobha Developers, Indraprastha, Tata Housing and Brigade Group.
"The timing is nice for us. By the time the technology was ready, builders were looking for differentiating factors," said Avinash Gautam, the 47-year-old CEO of Silvan.
His products fall under three categories--entrance management, or comprehending who is coming through the doors; safety and security that detects gas leaks, fire or alerts against intruders; and the more consumer-centric controls of light, air conditioner and more.
The solutions cost anywhere between Rs.1.5 lakh and Rs.5 lakh, said Gautam, a former employee of Texas Instruments.
While some startups like Silvan are building solutions from the ground up, others are acting as aggregators, developing solutions atop brands like Phillips, Schneider and the likes.
"Luxury and comfort were the top drivers 10 years ago.
Now its energy and efficiency," said Charan Pal Singh, CEO of Smart Automation.
While builders recognise the need for this, home owners are yet to dissociate automation with luxury. "People still see this as a luxury product," said Aman Agarwal, 30, who is the cofounder of a boutique architecture firm in Chandigarh, Charged Voids.
Not just residential complexes, but commercial buildings that house offices keen to cut costs are also looking at the solutions.
Cutting down electricity in empty conference rooms, managing CO2 levels in stuffy rooms and adjusting lights to ambient temperature are a few things that Bangalorebased SmartBuildings offers.
Cofounded in 2012 by Anil Gupta, former COO of Aditi Technologies, the company has three large MNCs and a solar power production house as its customer.
"The market is very favourable.
Since we can also predict the bill based on power consumption patterns, corrective measures can be taken well in ad vance," said Gupta.
Aug 07 2014 : The Economic Times (Kolkata)
10 REASONS India is Better Prepared for US Monetary Tightening
Emerging markets are getting jittery again, after strong second-quarter growth in the US reignited fears the world's biggest economy, which has been on a near zero interest rate diet for over five years, could be ready to raise rates. ET looks at why a repeat of last August's panic exodus from India is not likely.
1 CAD IS UNDER CONTROL
In August last year, Indian financial markets quaked as fears mounted that the country will not be able to fund its record current account deficit as the US begins to unwind its bond buying. Drastic measures by India have reined in the current account deficit.
2 EXPORTS LOOKING UP
Exports rose at almost double-digit rates in the three months to June. This rise in the exports has helped improve the current account deficit. With the US economy picking up pace, exports should improve further.
3 FISCAL CONSOLIDATION IS ON COURSE
An unchecked rise in government spending was one of the major reasons for imbalances in the economy such as high inflation, tight monetary policy and high current account deficit. The new government has adopted the fiscal consolidation roadmap proposed by the previous government. Fiscal deficit could drop to a sustainable 3% of GDP by FY17.
4 FOREX RESERVES AT AN ALL-TIME HIGH
India has built up foreign exchange reserves that had been depleted in the push to meet the yawning current account deficit.
5 RUPEE IS FAIRLY VALUED
The rupee has depreciated over 5% from its May highs. In that sense, much of the concern is already priced in and it may not fall too much from here.
6 INDIA'S OWN MONETARY POLICY IS STILL TIGHT
India had taken monetary measures after the turbulence of last August.
Most of those measures remain in place and will provide comfort to markets
INVESTOR SENTIMENT IS HIGH
Investors are very bullish on India after the elections resulted in an unexpectedly strong mandate for the BJP.
8 FDI REFORMS WILL BRING IN MORE FOREIGN FUNDS
The new government has been pushing reforms to ease flows of foreign investments that should start yielding results soon, bringing in capital that will strengthen the country's external sector.
9 GROWTH IS LOOKING UP There are tentative signs growth is picking up. This will further boost sentiment
DIESEL SUBSIDY COULD BE OVER IN A FEW MONTHS
The incremental, monthly 50 paise rise in diesel prices has worked and the subsidy on the fuel could end soon. A similar monthly rise could be coming for cooking gas and kerosene.
Aug 06 2014 : The Times of India (Ahmedabad)
India No. 8 on global list of multi-millionaires
kounteya.sinha@timesgroup.com |
London: |
India has more multi-millionaires than Australia, Russia and France.
The latest wealth index by New World Wealth that looks at multi-millionaires globally — an individual with net assets of at least $10 million — has ranked India 8th in the global rich list below countries like US, China, Germany and UK but higher than Singapore and Canada.
India is home to 14,800 multi-million
city with the largest number of multi-millionaires — 5,400 followed by New York (14,300), London (9,700), Moscow (7,600), Los Angeles (7,400) and Singapore (6,600). aires of which Mumbai is home to the highest number of them --2,700 -as many as that in Munich. Interestingly , Mumbai is the only Indian entry in the top 30 cities for multi-millionaires. Hong Kong is the As far as countries are concerned with the highest number of multi-millionaires, US tops the list with 1,83,500 people worth over $10 million followed by China (26,600), Germany (25,400), UK (21,700), Japan (21,000), Switzerland (18,300) and Hong Kong (15,400).
Over the last 10 years, worldwide millionaire and multi-millionaire numbers have grown at vastly different rates. Millionaire numbers worldwide have gone up by 58% during this period, whilst multi-millionaire numbers have gone up by 71%.
There are currently just over 13 million millionaires in the world (as of June 2014). Approximately 495,000 of these individuals can be classified as multi-millionaires. Interestingly , when it comes to millionaires, US tops the list followed by Japan and then the UK.
China and India are both significantly lower on this list than they are on the multi-millionaire list and, perhaps most notably , Russia which ranks 9th in the world for multi-millionaires, only ranks 18th in the world for millionaires (outside the top 15).The report says "The higher growth of multi-millionaires can be put down to a number of factors including: a widening wealth gap at the top-end, a rising rate of conversion of millionaires into multi-millionaires and strong growth in countries that have a high multi-millionaire to millionaire ratio (the likes of Russia and India)".
In terms of regional performance, South America was the stand-out, with multi-millionaire growth of 265% over the 10-year period. Other top performers included Australasia (182% growth) and Africa (142% growth).
In terms of country performance, major countries that registered 200% plus growth included Russia, Brazil, China, India, Indonesia, Vietnam and Angola. All were emerging markets. Australia was the top-performing developed market with growth of just over 190%.
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