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Will support startups with passionate founders: Ratan Tata

Tata group chairman emeritus Ratan Tata, a serial start-up investor, said on Wednesday that he will support startups that have founders who have passion to build sustainable company rather than scaling it up just to sell it. Tata has been investing in startups in India and abroad. Some of these firms include Snapdeal, Urban Ladder, CarDekho, Xiaomi, Ola, DogSpot.in, CashKaro, FirstCry and Teabox. “A founder who has a passion to stay with something and build it into a sustainable company is somebody I tend to support,” he said in an…

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Govt to disqualify over 1 lakh directors for link with shell companies

More than 1.06 lakh directors will be disqualified for their association with shell companies, according to the government, as it steps up the fight against black money. The latest move comes close on the heels of the corporate affairs ministry cancelling the registration of 2.09 lakh companies that have not been carrying out business activities for a long period. Besides, banks have been asked to restrict operations of these companies’ bank accounts by their directors or their authorised representatives. The ministry has “identified 1,06,578 directors for disqualification under Section 164(2)(a) of the…

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Andhra Pradesh govt plans to connect Amaravati and Vijayawada with Hyperloop

Having junked the proposed metro project from Vijayawada to Amarawati, the Andhra Pradesh government is planning to introduce Hyperloop — the mode of transportation invented Tesla and SpaceX founder Elon Musk — that will connect the two cities. This will supposedly cover the distance of over 35 km between the two cities only in five minutes. Hyperloop project has not been implemented for practical use anywhere in the world yet. The AP Economic Development Board (AP-EDB) and the US- based Hyperloop Transportation Technologies (HTT) signed the memorandum of understanding (MoU)…

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How Does Your Business Compare With Others?

Is your dental practice as profitable as the next one? Are you generating from your landscaping business as much money as the firm across town is? Business owners are busy; the latest U.S. Survey of Entrepreneurs from the Census Bureau found that nearly 1 in 5 owners of businesses with employees worked more than 60 hours a week. In addition to handling a crush of everyday operational challenges, owners are often obsessing over how to generate sales, build customer relationships or improve their product or service. At the same time, however, business…

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Social media responds to Sinead O’Connor’s N.J. video with outpouring of support

After posting a Facebook video on Thursday that went viral, singer Sinead O’Connor’s devastating plea for help drew comments from NJ.com readers and all corners of social media. Many were supportive of the Grammy-winning Irish singer, who has struggled with mental illness over the years and said she was feeling suicidal. Shortly after posting her video, O’Connor, who says she suffers from post-traumatic stress disorder and wants to reunite with her children, shared the street address of a Travelodge motel in South Hackensack where she said she was staying. Comments flooded in on her Facebook page…

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Need a sugary boost? Gorge on this yummy Pear Crumble with ice-cream

This is one dessert which calls for a quiet moment with yourself. On one of those days when you are tired and need that sugary buttery boost – go for a pear crumble with a generous helping of ice cream. The contrast of hot crunchy crumble with cold velvety ice cream will make you go mmmmm. You’re worth every bite of it! Pear Crumble Pear Crumble Preparation Time: 10 mins| Baking time: 40 mins| Serves 3 Ingredients 2 pears, firm ¼ cup castor sugar For the crumble: 1 cup all-purpose…

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