Jan 18, 2018 - Biggest boost for digital payments: Soon, you can make payments using WhatsApp

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk

Letting Go of Efficiency Can Accelerate Your Company- Here's How!
Most organizations, including the most tech savvy of startups, are working with a century-old framework, and they don't even know it, says Adam Pisoni, co-founder of Yammer. The first modern companies were bureaucratic juggernauts like the East India Company, and their practices still prevail. When you're running an empire, efficiency - not innovation - is king. For most of history, companies just needed to deliver products and services as quickly as possible to as many people as possible. Competition became about efficiency and scale, and the hierarchy of management we still use today emerged to divide the thinkers who had ideas and the doers who executed them. "You wanted the doers to have as little flexibility and empowerment as possible. They weren't supposed to make decisions; they were supposed to execute their task as efficiently and predictably as possible. Efficiency is great if you can plan for the long-term. If you know what you're going to do for a long period of time, you can really get into the nuts and bolts of how to do it efficiently. But because efficiency, by design, locks in roles, processes and practices, it also makes it much harder to change. More here

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Amid Digital India push, only 25 per cent adults use Internet in country, says Pew survey

While majorities use the Internet in much of the world, sub-Saharan Africa and India has much to catch up with, according to the results released on Tuesday.

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Today's TradeBriefs Cartoon

Justice Srikrishna Committee To Finally Table Data Protection Bill Report, But It’s Only Half The Battle Won

The draft report says the legislation will ‘not apply to any processing activity that has been completed prior to this law coming into effect’.

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Looking East: Oyo Makes Headroom In China’s Hospitality Market With Launch In 26 Cities

Gurugram-headquartered hotel aggregator OYO has taken yet another massive step towards its expansion-- started operations in China and Indonesia.

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Google To Train Indian Journalists In Debunking Fake News

https://lh4.googleusercontent.com/51dqE4egSh16lemo1IpnnGPPQzpWXhTlaFJaYG3dtfBThZjNY4Cpw0xJKPqvTSI8yWeY4SMPZq7uK3h0dEB1AaRYtk0fo87Udof7upaF...

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Paytm Appoints Former RBI Deputy Governor Rama Subramaniam Gandhi As Advisor

Strengthening its advisory board, digital payments giant Paytm has appointed Rama Subramaniam Gandhi, Retired Deputy Governor, Reserve Bank of India as an advisor.

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A Masterclass By Wingify’s Paras Chopra On How To Build A Successful SaaS Startup In India

Sorry to bring you out of your reverie, but we have an important lesson to share with you. A lesson important for the entrepreneur in you to realise your dream. And it’s from Sridhar Vembu, founder of Zoho.

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Startups Seal Some ‘Smoking’ Deals And Are Ready To Take On Elon Musk On Shark Tank

You can have an entertaining pitch, laugh, cry, rake up your starting-up struggles, play the underdog card on Shark Tank Season 9, but if you don’t have a brilliant product, you’re unlikely to cut any ice with the Sharks on Shark Tank Season 9

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GSF Launches New Accelerator Programme With Focus On Indian Fintech Startups

Gurugram-based GSF accelerator has launched the GSF Fintech Accelerator 2018. It is calling in applications from fintech startups for a four-month programme, which will commence in July this year.

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Looking For Ways To Improve Your Customer Retention Rate? Here’s One That Just Takes 30 Minutes

Increasing customer retention rates by a mere 5% leads to a 25% to 95% increase in profit, according to a Bain & Company study. Despite this overwhelming evidence, only 18% of companies make retention a top initiative.

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Alexa, I can trust you with my checkbook, right?

With the rapid adoption of Zelle, a bank-to-bank transfer system, it soon could be possible to send money to friends or family instantly with voice commands

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Union HRD Minister Prakash Javadekar launches 'National Digital Library of India'

The National Digital Library is a digital library that makes quality learning resources available to all learners and has 1.7 Crore content from more than 160 sources, in over 200 languages, everywhere and 30 lakh users are registered on NDL as on date

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India climbs three spots in IMD's 2018 World Digital Competitiveness Rankings

India scores lower on knowledge and future readiness parameters, but Digital India initiatives improve country's technology performance

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Indian crypto caution could stifle innovation

Originally one of the major global players in crypto exchange, a new government ban on cryptocurrency trading in India risks stifling innovation.

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Think big, start small: The perfect BI strategy for small businesses

Easy access to newline BI systems is now beginning to describe how all the various parts of business operations work together to produce the right results.

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