Uber to pay $245 mn in settlement with Waymo

  • 12th Feb 2018

Uber will pay $245 million to rival Waymo as settlement regarding a case on trade secrets. Last year, Waymo had accused one of its ex-employees, who joined Uber, of leaking trade secrets. The case will now be withdrawn from court, allowing breathing space for the scandal-ridden Uber. Waymo also gets a 0.34% stake in Uber.

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Ola to boost FoodPanda with Rs 400 cr

  • 12th Feb 2018

Ola will be giving a push to FoodPanda by investing Rs 400 crore for its growth, after its acquisition. Over 12 months, FoodPanda will enhance its delivery and logistics sectors. There are 17,000 restaurants listed on the app and it will make the technology more seamless. It will bump up riders from 5000 to 25000 in 15 months.

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Soon, it will be easy for you to close accounts

  • 12th Feb 2018

Small savings scheme accounts are getting better closing flexibility as the government wants them to be more attractive. Provision of premature closing can be amended to allow withdrawal in case of medical or financial emergencies. Another feature would be to allow guardians to deposit for minors for all schemes.

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How to innovate your career

  • 19th Jan 2018

– Set a personal challenge for every new day.

– Think what you can do to make your career more enriching.

– It’s not always about moving up the ladder.

– What are the enjoyable elements of your life that you think can make your work more fulfilling.

– Don’t run after job titles but after skills.

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Video sharing app Clip picks up $6 mn

  • 14th Dec 2017

Clip App, for sharing videos, has raised $6 million which will be used for growth and team building. The app launched this year and allows for creating and editing videos along with a chat option. The videos are 60-seconds long and the app works in languages like Hindi, Gujarati, Marathi, Bengali, Tamil, Telugu, Kannada, Urdu, Malayalam, Punjabi and English.

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No relief for Flipkart in tax case

  • 12th Feb 2018

Flipkart has got no relief in wanting to classify its marketing expenditure as capital expenses, as an IT panel refused to stay the case of Rs 110 crore. The e-commerce company has to bring Rs 55 crore as deposit for the FY 2015-16 and may have to pay more for the other years.

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Overcoming office politics

  • 12th Feb 2018

– Take a look to identify the power environment.
– Create various relationships with people across the company.
– Remember that you are there for work, not to play around.
– Peace will come when you are in your skin and not be adapting all the time.
– If it is getting too much, you have the option to leave.

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Get your day to be productive with these morning habits

  • 19th Jan 2018

– Spend some time in meditation and exercise. It helps boost attention and lower stress.
– Think of all that you are grateful for.
– Writing down tasks will help you focus.
– Recite positive affirmations.
– Listen to upbeat music to chirp you up.
– Drink lemon water.

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Teabox boxes $7 mn

  • 14th Dec 2017

Premium tea providing brand Teabox has raised $7 million from a Singapore-based firm. The money will be used for its cold-chain processing centres, efficient natural packaging and automate processes from 3X to 4X. An additional $3 million is expected to be added to the current round.

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Sales startup Mindtickle gets $27 mn

  • 14th Dec 2017

MindTickle, a sales-readiness startup, has raised $27 million and will use it for expansion and product innovation. It uses micro-learning, gamification and mobile with data to improve sales teams’ productivity. With its HQ in San Francisco and operations in India, it serves 1.5 lakh users in 100 companies.

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