• ENTREPRENEURS
    CEO Uses His Own Salary to Raise Employee Wages to $70,000

    Many companies have raised their minimum wages in recent years in order to compete for better talent. But one company is taking that concept to a whole new level. Dan Price, founder of Gravity Payments, recently announced to his employees that the company is raising its minimum annual salary to $70,000. So even the lowest […]

  • STARTUPS
    A little-known startup that has quietly amassed 100,000 Wall Street users just scored a big investment

    REUTERS/Toby Melville OpenFin, a startup that helps electronic trading firms build their desktop applications, has raised $15 million in funding Backers include JPMorgan, high-speed trading firm DRW, and VC firm Euclid Opportunities The firm wants to become what iOS and Android is to the mobile application world You might have heard of high-speed market maker […]

  • ENTREPRENEURS
    Franchises Added 26,000 Jobs in September 2016: Here’s The Breakdown

    The U.S. added 26,000 franchise jobs in September, new data reveals. According to the ADP National Franchise Report for September 2016, restaurants (up 18,800 jobs) and auto parts and dealers (up 3,500 jobs) saw the most impressive growth. September 2016 ADP National Franchise Report Job Growth in Different Industries Notably, all other selected industries including […]

  • LIFE
    Cyclone Vardah: Chennai flight tickets priced at as much as Rs31,000

    Flights were cancelled on Monday after cyclone Vardah hit Chennai with its wind speeds touching 190 km per hour. Photo: Mint New Delhi: Airlines are selling tickets for economy class—one way flights—to cyclone-ravaged Chennai for as much as Rs31,000, inviting passengers’ ire. Flights were cancelled on Monday after Cyclone Vardah hit the city with its […]

  • SUCCESS
    After Rs500 and Rs1,000 notes banned, portals see rise in business loan demand

    Paisabazaar.com has witnessed a 1.5 times increase in demand for business loans since government demonetized Rs500 and Rs1,000 currency notes. New Delhi: Online lending portals like Paisabazaar, Deal4loans and CashCare Technology have reported a surge in demand for business loans after India banned Rs500 and Rs1,000 notes. On Tuesday evening, Prime Minister Narendra Modi announced […]

  • NEWS
    Bank of Baroda to raise up to Rs2,000 crore via bonds

    Bank of Baroda’s shares closed at Rs.154.15 a piece on Friday, down 0.10% over the previous day. Photo: Pradeep Gaur/Mint Mumbai: Public sector lender Bank of Baroda on Saturday said it proposes to raise up to Rs.2,000 crore on private placement basis to meet Basel III requirements. “The bank has initiated the process of raising […]

  • SUCCESS
    Deyor Adventures raises $500,000

    Deyor Camps has signed three-year exclusive contracts with 100 main campsites across 45 locations at places like Rishikesh, Coorg, Lonavla and Manali. New Delhi: Deyor Adventures Pvt. Ltd, which runs campsite aggregator Deyor Camps, on Wednesday, said it has raised $500,000 from Rajesh Arora, Nitin Passi, Manickam Mahalingam, Udaan Angels and Arkas Industries. In July, […]