Author Archives: Loknath Das

20 More Platforms for Workers in the Gig Economy

The gig economy has been defined as part-time, temporary and freelance jobs. And though it might sound like the kind of thing that would most interest college students on summer break, it is projected half of the working U.S. population will move into the gig economy within the next five years. The stats are pretty much the same globally where the digital ... Read More »

What’s Behind the Growth of the Gig Economy?

The use of work arrangements other than direct employment has grown substantially in the past decade, but few observers really understand the causes of that growth. The popular perception is that it has been driven by millennials’ use of online intermediaries like Uber and TaskRabbit. But rigorous scholarly research reveals that the gig economy’s growth stems largely from employers’ interest in contract ... Read More »

Build A Travel Business You Can Sell With These 5 Tips

Are you an entrepreneur interested in travel? Are you thinking long and hard about starting a travel business? Do you want to take the first step with the idea you could sell your business for millions one day? Building a travel business you can sell for millions is easier said than done. Even though this is a lofty goal, the right ... Read More »

Pros and Cons of DIY Website Builders Versus Custom Websites

A website is your place of business on the internet. And simply by being on the internet, you give your business the opportunity to grow. But some business owners may still ask the question, “Does my business really need a website?” The answer in most cases is yes. A website brings advantages that are hard to beat. A website gives ... Read More »

At NextCon17, Carol Roth Suggests Ways to Create Customer Loyalty 3.0

  There’s no question small businesses today have to fight harder to maintain customer loyalty. At the NextCon17 conference organized by cloud communications company Nextiva in Scottsdale, Arizona Oct. 23 -25, 2017, customer experience was certainly center stage. But when it comes to customer loyalty specifically, business advisor, media personality and entrepreneur Carol Roth said in her presentation, “customer loyalty 1.0 is old news.” Roth maintains ... Read More »

UK businesses urge government to reach Brexit transition deal

LONDON, OCT 23:   The British government must act urgently to secure a Brexit transition deal or risk losing jobs and investment in the country, business leaders representing millions of workers are due to warn. In a draft letter due to be sent to Brexit minister David Davis, Britain’s five leading business organisations said a deal to provide a status quo ... Read More »

Paytm bank eyes ‘more’ digital wallets

Digital push: The bank will build the most dominant KYC-compliant wallet and payments bank, says Ms. Satti   | Photo Credit: AP To comply with new RBI norms, it will invest $500 mn in KYC infrastructure Paytm Payments Bank expects the new stricter Know Your Customer (KYC) norms, set by the Reserve Bank of India (RBI) for digital wallets, to boost ... Read More »

Demonetisation: Economy shaken, GDP hurt, trust in govt undermined

NEW DELHI: While the immediate impact of demonetisation was seen in the long queues outside ATMs and felt through acute cash shortage, its anniversary is an appropriate vantage point to assess the less visible and generalised effect on the economy of what was easily the most disruptive measure post-Independence. The difficulty in making a cost-benefit analysis is that the move was not purely economic, ... Read More »

Bajaj Holdings Q2 Consolidated Profit Rises 19% To Rs. 834 Crore

New Delhi: Bajaj Holdings and Investment Ltd (BHIL) Tuesday reported a 19 per cent rise in its consolidated profit after tax (PAT) at Rs. 834 crore for the September quarter of the current fiscal. The company’s PAT in the corresponding July-September period of 2016-17 was Rs. 698 crore. “Due to all round performance of BHIL (standalone) and underlying companies, BHIL’s ... Read More »

RBI Says Linking Aadhaar Number To Bank Accounts Mandatory

Mumbai: The Reserve Bank of India (RBI) on Saturday dismissed media reports that it was not necessary to link national identity card numbers, known as Aadhaar numbers, to bank accounts. It said in a statement the requirement remained in force under anti-money laundering rules. “The Reserve Bank clarifies that, in applicable cases, linkage of Aadhaar number to bank account is ... Read More »