Author: News Desk

Europe is the centre of innovations and startups. It has well-known unicorns such as German bank, N26, English food-delivery service, Deliveroo, and French healthcare service. However, compared to other startup ecosystems around the world, Europe is still behind the US, China and India. It is assessed that, in Europe, the support startups required to become global businesses is less. European startups need more support to become unicorns from the seed stage. According to Mckinsey report, about 70 per cent of European unicorns needed a global presence to reach the unicorn level. Of the total unicorns, Europe holds only 14%. OneWeb,…

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Rakesh Juhunjhunwala, who is known as the Indian Warren Buffett, is a popular figure in the Indian stock market. In fact, Jhunjhunwala and the real Buffett share some traits. They both became billionaires through stock market investments. Their stock portfolio contains airline stocks. When the airline industry plummeted following the covid-19 outbreak, Warren Buffett gave up the US Airline stocks. However, Jhunjhunwala took a different step. He decided to start a budget airline comprising 70 planes. His decision to invest in the airline industry, which is badly hit by the covid-19, is considered revolutionary. Generally, airline stocks are considered risky and prone to loss. In 1989,…

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Digital Hub to open on September 18 At Technology Innovation Zone in Kalamassery Chief Minister will inaugurate the hub The biggest digital hub in South India A space for incubators, accelerators and startups Can accommodate 200+ startups Initially, direct employment to 2,500 persons A centre for software, hardware development More opportunities for hardware startups Digital Hub is situated at the 13.2 acres of land in Kinfra Hi-tech Park

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John Favreau’s movie Chef was released in 2014. It tells the story of a remarkable chef and his entrepreneurial journey. Born in Miami, Carl Casper is the chief chef at Gauloise Restaurant in Los Angeles.  His experiments with food leave customers crave for more. But the restaurant owner Riva is not a big fan of Carl’s innovations. He wants his old classic menu to remain untouched, without any alteration. This creates friction between them. Meanwhile, Carl Casper gets a chance to serve food to the prestigious food critic and blogger Ramsey Michel. As expected, Riva demands his classic menu to be…

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The Wolf of Wallstreet, the Hollywood film starring Leonardo Di Caprio doesn’t need an introduction. At New York’s Wallstreet, the epicentre of global businesses ruled by money, sex and drug, Jordan Belfort grows up as a stockbroker with his sheer passion for eloquence and numbers. How many of us know that most of Di Caprio’s power-packed scenes in that movie happened in real? The Wolf of Wallstreet is a dark humour film released in 2013. Directed by the veteran Italian-American director Martin Scorsese, the movie speaks about the evolution of Jordan Belfort as a Wall Street stockbroker. From the journey of companies, stock, money, market, money…

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For an entrepreneur or a tech enthusiast, the movie 3 idiots will sure be a treat. It is an ode to innovative minds and teaches you to follow excellence instead of success. An adaptation of Chetan Bhagat’s Five Point Someone, 3 idiots tells the story of three college friends and their journey. The movie is a lesson for entrepreneurs because it teaches one to learn engineering not to develop complex solutions, but to solve real-time problems faced by society.The movie starts in Imperial College of Engineering, where three students, Ranchodas Chanchad, Farhan Qureshi, Raju Rastogi, meet. All three come from…

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Everybody including you and me are active users of social media, don’t deny it! It is impossible to imagine a life without social media apps like facebook today. How did Facebook and its founder Mark Zuckerberg happen? It was, for sure, no cakewalk. Directed by David Fincher and penned by Aaron Sorkin, The Social Network beautifully portrays the life of Mark Zuckerberg. The movie is based on the book The Accidental Billionaires: The Founding of Facebook, a Tale of Sex, Money, Genius, and Betrayal by Ben Mezrich. David Fincher is known for films that portray serial killers and violence. The Social Network was safe…

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What is the basic qualification required for an entrepreneur? Surely, it is the sportsman spirit. The biggest challenge entrepreneurs face in the initial years is definitely delivering the best output within the limited budget. The Hollywood film Moneyball beautifully handles the theme. The film begins with Oakland Athletics Baseball team failing in the elimination round after consecutive victories. Team manager Billy Beane is disappointed with the team’s performance. Meanwhile, a few talented players decide to leave the team which leaves Billy in dilemma. Rest of the movie shows the challenges Billy confronts in an effort to build a competitive team within a…

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Facebook has launched an initiative to help small businesses The programme is called ‘Small Business Loan Initiative’ It will help small and medium businesses advertise on Facebook It will further give quick access to credit through independent lending partners ‘Indifi’ is the first lending partner associating with the programme Facebook will bring more partners on board in the future The aim is to reduce the credit gap within India’s MSME sector

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Former investment banker Falguni Nayar started Nykaa as an e-commerce marketplace in 2012. The startup is now getting ready for its IPO. If all goes well, Nykaa will be the first female-led Indian unicorn venturing into the public listing. The IPO includes fresh shares worth Rs525 Cr and the offer to sell the shares of current shareholders worth Rs 4.3 cr. According to the Bloomberg report, the initial records Nykaa submitted to SEBI show that the business is valued at more than $4 billion. Falguni Nayar and her family hold around half of the company’s shares. There is a possibility…

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