The company’s process of innovation is foreign to most businesses. “Even though they want the good parts of innovation, organizations are not wired to absorb the ambiguity that comes from having a bunch of experiments, the bulk of which turn up, ‘No, nothing under that rock,'” he says. But it’s the type of approach that’s necessary to get to truly big ideas. It also takes a willingness to dedicate time; the team typically pursues ideas that are 5 to 10 years away from realization, believing that’s the right amount of time to allow for true freedom to experiment. “If I give you six months to make the best car you can use, you’re not going to start over. It doesn’t make any sense. If I give you 15 years to make the best car you can, you might think very differently about it.” … [Read more...] about How to unleash creativity on the world’s biggest problems, from Alphabet’s moonshot division
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The government’s rationale in general has been that those who can afford to pay taxes should pay their fair share so that the money collected can be utilised for the benefit of the economically weaker section of the society. Ever since the current government came to power in 2014, tax relief benefits have mostly gone to the middle or lower-income group taxpayers. Those in the higher or super-rich category of income earners have started paying higher taxes. … [Read more...] about Tax on PF contributions to hurt retirement savings of high-income earners
Guenter Butschek, CEO and MD of Tata Motors, said: "The National Automotive Innovation Centre brings together our UK-based engineering and design experts to one setting, providing greater synergy on ground-breaking design and technologies with a focus on connected, electric, shared and safe, that will help shape future mobility solutions in India. … [Read more...] about Prince Charles opens new Tata JLR innovation centre in UK
The latest implementation of minimum public shareholding norms wherein promoters including Radhakishan Damani have to bring down their shareholding below 75 percent was also one of the key reasons for the rally in share price and increase in wealth of Damani. They sold 3.48 crore shares through an offer for sale of 1.48 crore shares and qualified institutional placement of 2 crore shares (representing total 5.54 percent of paid-up equity). … [Read more...] about Radhakishan Damani invested in 3 new stocks in Dec quarter; do you own any?
When her consignment did not reach on the due date, she called up their customer care number to inquire about the reason behind the inordinate delay. According to police, the customer care executive had then told her that they had not received any payment from her, to begin with. … [Read more...] about Pune techie duped of Rs 92,446 while trying to buy nail paint from e-commerce site