Saturday 12 May 2018

Linkedin Updates Interesting new features to It's users.

Tech companies Like Facebook, Twitter , Instagram & LinkedIn etc, more likely to attract users with updates and lot of interesting things to marketers in social media ! This time for Linkedin to Attract users based on their interesting updates to see in their feeds!  As everyone knows HashTags plays major role in finding different stuffs in social media easily and marketers can trend those topics to get brand awareness easily .
Recently same kind of interesting  thing in LinKedin is updated with #Hastags where users can see based in their interesting topics at top of their profile news feed!

LinKedIn Hashtags Update
Now User can choose different #Hashtags Based on their Interest and can see those topics at top of their LinKedin newsfeed according to their preferences .
Its quite easy to marketers also to use this kind of updates where in they can show their brand to those who interested in the product. Such cool update but many people commenting about this on social media: Reactions 
This is how people can filter interested Hastags

Tuesday 8 May 2018

Flipkart board is said to approve $15 billion deal with Walmart

Indian e-commerce firm Flipkart’s board has approved a deal to sell an equity stake of about 75 percent in the company to a group led by Walmart Inc (WMT.N) for about $15 billion, Bloomberg reported on Friday, citing unnamed sources.

Flipkart’s board has reportedly approved Walmart’s offer, which comes just a day after Amazon made its own bid for 60 percent of the company. It’s a devastating blow to Bezos, and it may effectively lock Amazon out of Asia.

Though India has a smaller middle class than China, an explosion in Internet access and smartphone adoption still stands to make India a potentially huge and lucrative market—a report from Morgan Stanley suggests that the country’s e-commerce market could be worth $200 billion by 2026.


Flipkart and Walmart


Where Bezos will go from here is unclear, though his recent competitive push in India suggests Amazon will stick around for the fight. Late last month, the company announced it would build five new warehouses in five cities across the country, digging in even as the competition heats up.

If completed, the deal will give Bentonville, Ark.-based Walmart a leading position in the growing market of 1.3 billion people and a chance to rebuild its reputation online. 

Some of Flipkart's main investors - US hedge fund Tiger Global Management, South African tech investor Naspers and venture capital firm Accel - are likely to retain small stakes, the report said.

A final close of the deal is expected within ten days, although deal terms could still change and a deal isn’t certain, Bloomberg reported.

Both the companies have signed tentative agreements on May 3, 2018, and the deal will apparently involve a mixture of cash and stock, with the cash component amounting to around 55%. 

Event Alphabet Inc., Google’s parent company, might a part of this agreement by way of a $3 billion investment. 

Some people familiar with the ongoing negotiations say that Walmart is looking to keep co-founders Binny Bansal and Sachin Bansal, and CEO Kalyan Krishnamurthy in their roles after the acquisition goes through.

Not only will he be leaving the company’s day-to-day activities, he will also be giving up his seat on the board of directors. 

The deal will be closed in 10 days but a few of its terms may be susceptible to change later.

Essentially, SoftBank’s doubled their investment of $2.5 billion in less than a year. 

Flipkart’s other investors, like Tencent, Microsoft and Tiger Global aren’t looking to cash out just yet. 

The conclusion of this deal will ideally result in one of the largest acquisitions involving an Indian company. It will also be one the biggest acquisition deals by Walmart. 



Saturday 5 May 2018

Raguhuram Rajan appointed in bank of England and highest paid banker

What a great moment for all Indians and intellectuals..
Shri Raghuram Rajan appointed as governor of Bank of England, the same gentleman discarded by our own government. Meritorious and intellectuals are always recognised and honored.

Raghuram Govind Rajan (born 3 February 1963) is an Indian

London-based Financial Times has listed Raghuram Rajan, former governor of the Reserve Bank of India, as one of the candidates who could be considered for the top job at the Bank of England. 

Mark Carney is also the first foreign governor of UK’s central bank in three decades. Bank of England is likely to have another foreign governor this year, according to Hammond. 

Awards

  • In 2012, he was awarded honorary doctorate degree by London Business School and in 2015, was again awarded honorary doctorate degree by Hong Kong University of Science and Technology 
  • In 2014, he was conferred the Best Central Bank Governor award by Euro money Magazine.
  • In 2014 He was conferred with the Governor of the Year Award 2014 from London-based financial journal Central Banking.





Chief Economic Adviser of India

On 10 August 2012 Rajan was appointed as chief economic adviser to India's Ministry of Finance, succeeding Kaushik Basu. He prepared the Economic Survey for India for the year 2012–13.

This is also not the first time that Rajan’s name has been associated with a top central bank. In October last year, financial magazine Barron’s had tipped his name as the ideal choice to chair the US Federal Reserve, though Jerome Powell later took charge as the Chairman of the Federal Reserve in February this year.   

India’s former Reserve Bank governor Raghuram Rajan is being looked at as the top contender for Bank of England governor’s post.  

Rajan, an IIT and IIM alumnus, is now the Katherine Dusak Miller Distinguished Service Professor of Finance at Chicago Booth. He was the 23rd Governor of the RBI between September 2013 and September 2016. Between 2003 and 2006, Rajan was the Chief Economist and Director of Research at the International Monetary Fund. 

During his tenure, Raghuram Rajan identified banking crisis and promised to resolve it. The RBI, under him, adopted CPI Inflation as a key indicator of inflation as accepted globally. 

Rajan is presently the Katherine Dusak Miller Distinguished Service professor of finance at the University of Chicago Booth School of Business. He was the governor of the Reserve Bank of India from 2013 to 2016. 

Britain, whose economy was wrecked by the 2008 economic downturn, had barely managed to see some recovery on economic front until the country decided to part ways with the European Union. 

Rajan was forced to quit as the RBI governor after the Centre’s Narendra Modi government rejected his wish for the second term. He was replaced by Urijit Patel, who has come for sharp criticism for not being able to safeguard the RBI’s autonomy and allowed the central government to go ahead with its demonetisation decision. 

Rajan, a widely respected economist, was shortlisted for 2017 Nobel Prize for Economics brought out by Clarivate Analytics, which will be announced on Monday.

Thursday 3 May 2018

Another Indian would be CEO of Top company WhatsApp?

Earlier this week Jan Koum top messaging App WhatsApp stepped down as CEO everyone is surprised who will be the next CEO. According to reports TechCrunch , WhatsApp business executive Neeraj Arora could be "one possible candidate for the CEO role" at the company. Mr Arora has been with WhatsApp for over six years, according to his profile on LinkedIn. 

As per report , If Arora is promoted as CEO then he is one of the persons who reached top level in Top Tech Companies like Microsoft CEO Satya Nadella  & Google CEO Sundar Pichai etc., According to Arora Linkedin Profile Arora graduated from IIT Delhi & completed MBA from (ISB).
 In his career so far, he has worked in multiple companies, including Google (from December 2007 to November 2011). During his nearly four-year stint at Google, he was elevated from Corporate Development Manager to Principal, Corporate Development in December 2010, as Mr Arora, currently the "Business Guy" at WhatsApp, describes himself on LinkedIn. He also worked as Board member of Paytm, More details about Arora:Financialexpress.