According to data from Statista, the app-based cab market in India is currently estimated at around $675 million. By 2023, this figure is expected to reach $1.3 billion. The market is predominantly concentrated in tier I cities. But some of these start-ups have found their way to expand to tier II a...
Ola is in its ninth year of operation in India. With more than one million vehicles, Ola is presently operating in 170 Indian cities that include Bangalore, Kolkata, Delhi, Pune, Chennai and Hyderabad. Biplob Mondal, Operation Team Lead, Kolkata, spoke to BE’s Kuntala Sarkar. Q. What is the b...
The Indian tourism and hospitality industry, one of the key drivers of growth among the service sector, has got a big boost from apps. Travelling has been made easier. Apps have emerged for a myriad of tourism related activities that include cruises, adventure, medical, wellness, sports and ecologic...
ixigo, a travel and hotel booking e-commerce entity, has evolved into a leading player in the tourism and hospitality sector. BE’s Ankit Singh spoke to Rajnish Kumar, Co-founder and CTO, ixigo.Q. What is ixigo's business model and USP?A. ixigo allows its customer to compare and book from more than...
INCOME-TAXDue Date Particulars Challan/Form No07/08/2019 Deposit of tax deducted or collected at source ITNS-28114/08/2019 Issuance of TDS certificate for tax deducted under section 194-1A/1B 16B/16C15/08/2019 Issue of (non-salary) TDS certificate for April 2019 to June 2019 16A30/08/2019 Furn...
Infrastructure power house Srei has recently launched a mobile application to improve its customer interface. The app named ‘SREI Sales Application’ is targeted towards the company’s retail and SME customers and has all customer related information under its aegis.The company has developed thi...
Healthcare has been a focus area for the Indian government. The public healthcare system in India remains highly over-stretched and the private healthcare system is yet to achieve the desired level penetration. Mobile apps, dealing in the healthcare sector, have ushered in some welcome changes in th...
Upasana Ganguly, 23, an associate at Price Waterhouse Coopers, living in Mumbai often falls back on food delivery apps. She told BE, “After a tiring day at office, I do not want the hassle of cooking. Food delivery is the most viable option. Also the restaurant finder apps, with all the offers tha...
The Ministry of Corporate Affairs (MCA) stipulated that all companies will have to prepare their financial statements as per the Ind AS. However, all companies will not have to switch over from the erstwhile Accounting Standards (AS) to the Indian Accounting Standards (Ind AS) at the same time and o...
The Legal Entity Identifier (LEI) code is a unique identity number for entities participating in financial transactions including cross border activity. The code is 20-digit number in a standardised format accepted globally. In the present economic scenario, multiple entities are participating in la...