Companies & Sectors
Google aims to get 20 million Indian SMEs online by 2017

With over 300 million plus internet users and over 6 million new internet users coming online every month, Indian users are increasingly looking for information about businesses online

 

Google India will get 20 million small and medium enterprises (SME) online by 2017 by using a simple mobile-based app called 'Google My Business', that will help businesses to create and manage their information across Google products for free in both Hindi and English, a company statement said here on Tuesday.
 
With over 300 million plus internet users and over 6 million new internet users coming online every month, Indian users are increasingly looking for information about businesses online, it noted.
 
"In the next three years, India will have over 500 million internet users - and these users will need access to all kind of information in their local languages. Indian SMEs have struggled to build and maintain their online presence. 
 
"Search experience for local business in India is broken today and we want to fix it by connecting businesses with their customers," said Rajan Anandan, vice president & managing director, Google South East Asia & India.
 
"'Google My Business' is our first mobile based product initiative for SMEs and we have seen immediate adoption of it in India, in the last 5 months during our pilot phase, over a million SMEs have found a place on the internet, and we are engaging 25,000 new SMEs every week. Our moon shot - aim is to get 20 million SMEs online in the next three years," he added.
 

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India: Don't use environment as pretext to kick away poor's development ladder

Narang outlined the vision for the declaration the UN's 70th anniversary summit is to adopt in September and which would form the basis for the Sustainable Development goals to replace the MDG

 

Don't use universality and shared responsibilities for the environment as pretexts to kick away the ladder of development for the poor or to avoid responsibility for the global ecological havoc, India told the developed nations Tuesday in a telling message.
 
"The poor did not cause the problem of climate change, but they are now condemned to bear the brunt of its effects," Amit Narang, a Counsellor at India's UN Mission, said at a hearing on the post-2015 development agenda. "Universality and shared responsibilities cannot be a pretext for the abdication of historical responsibility or to legitimize the kicking away of the developmental ladder."
 
He also criticised proposals to move the focus of the future development agenda away from poverty eradication to climate change and sustainable development.
 
Narang invoked Deen Dayal Upadhyaya's concept of "Antyodaya" - - upliftment of the poorest of the poor - as an expression of equity. "Our responsibilities are common but they are also necessarily differentiated and this notion of equity must be a central creed for collective action in the new agenda" that is being developed to replace the Millennium Development Goals (MDG) set to end this year, he said.
 
"Just as countries which have the largest numbers of poor have the larger responsibility to uplift their citizens to a life of dignity, similarly when it comes to the protection of the environment there are those who do have a larger responsibility in taking the lead," he said.
 
He did not directly mention developed nations or the pressures they are putting on developing countries to cut their carbon emissions at the cost of their development and efforts to alleviate poverty, but the message was clear.
 
Narang outlined the vision for the declaration the UN's 70th anniversary summit is to adopt in September and which would form the basis for the Sustainable Development goals to replace the MDG: "A world which is harmony with nature, having halted climate change and altered unsustainable consumption patterns; a world where the poor do not have to pay the bill for the excesses of the rich; a world where the international system redistributes wealth not poverty; a world where every developing country is not just an emerging economy, but an emerged one, a world where there is no North and no South, a world that is truly flat."
 
Some have said that it was time to move from "poverty eradication to sustainable development or climate change," he said. But poverty was still the world's overwhelming challenge as "some 1.3 billion people, twice the combined population of Europe live a life of absolute poverty," he said.
 
"Clearly then, the moral, political, economic, and ethical imperative of eradicating poverty and hunger must be central and undiluted objective of the new agenda," he said.

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Former Atlas Cycles president held in cheating case

Salil Kapoor, presently the managing director of Atlas Laboratories and Pharmaceuticals Ltd., was arrested from Uttrakhand on Monday by the Economic Offences Wing (EOW) of Delhi Police

 

A former president of Atlas Cycles company has been arrested in connection with three separate cheating cases involving an amount of Rs.9 crore, police said on Tuesday.
 
Salil Kapoor, presently the managing director of Atlas Laboratories and Pharmaceuticals Ltd., was arrested from Uttrakhand on Monday by the Economic Offences Wing (EOW) of Delhi Police.
 
A bounty of Rs.25,000 was declared by Delhi Police Commissioner B.S. Bassi against Salil.
 
"Two cheating cases were registered against Salil in Defence Colony police station on June 19 and November 10, 2014 and one in EOW earlier this year," said Deputy Commissioner of Police Mangesh Kashyap.
 
The first case was filed by Satinder Nath Maira in November who had given Rs.13 crore to his family friend Prashant Kapoor for investing it.
 
"Prashant with connivance of Salil and others misappropriated the Rs.13 crore on the pretext of purchasing capital gain bonds for Rs.7 crore and depositing Rs.6 crore in Allahabad Bank," said Kashyap.
 
"Both Prashant and Salil were accused in the first case. But, Salil was booked in separate case registered on June 19 on the complaint of Prashant," the officer said.
 
Prashant had alleged that a loan agreement was entered between him and Salil on June 8 wherein it was mentioned that he has to lend a sum of Rs.5 crore to Salil against a property, he added.
 
According to the officer, Salil later issued seven post-dated cheques of total Rs.8 crore but all were dishonoured.
 
"During investigation, Salil was declared as absconder by Saket court."
 
Kashyap said the EOW started probing after a woman, Sunita Bansal, filed a complaint that Salil had cheated her of Rs.4 crore.
 

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