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Category: Business

Date: Mar 27, 2017

After her husband, who has Parkinson's disease, found it difficult to do up the buttons on his shirts, Maura Horton came up with magnetic buttons.

She found that most types of adaptive clothing were for either the elderly or people with disabilities. There was nothing for people who were still independent but needed ways to make their tasks simpler.

She decided to change her husband’s shirts by replacing the buttons with machine washable magnets. She now has a business making them for other people.

She launched her MagnaReady buttons online and soon brands like Calvin Klein and Tommy Hilfiger, will be selling MagnaReady shirts in stores in the United States and Canada later this year.


Category: Business

Date: Mar 27, 2017

The BSE Sensex and NSE Nifty were trading red on Monday. This was after US President Donald Trump failed to officially accept an important healthcare bill. It created doubts among investors who feared the possibility of Trump not being able to pass his tax policies and public spending plans.

The BSE Sensex closed 187.96 points down at 29,233.44 while the NSE Nifty closed 62.80 points down at 9,045.20.

The top three Sensex gainers were SBI India (+1.20%), Power Grid (+0.88%) and HDFC (+0.87%).

The top three Sensex losers were Tata Steel (-3.15%), Reliance (-2.76%) and Asian Paint (-2.07%).

The top three Nifty gainers were Bank of Baroda (+1.69%), Infratel (+1.56%) and Indus Ind Bank (+1.11%).

The top three Nifty losers were Idea (-3.63%), Tata Steel (-3.51%) and Hindalco (-3.44%).

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    Category: Business

    Date: Mar 27, 2017

    Lava mobile company has launched its Z series Smartphone Z25 in India. The phone has a 13-megapixel-rear camera and 8-megapixel front camera and costs Rs 18,000.

    The company claims that the phone is the best smartphone in its category. It has camera features to give a great photography experience to its viewers.

    Users can improve their pictures using Beauty-fi, Focus adjustments, Night Pro with full HD recording and time-lapse video.

    Z25 is a dual SIM phone and has a 5.5-inch display. The phone has a total weight of 163 grams, including battery.

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    Category: Business

    Date: Mar 26, 2017

    Alto, the first advantage club for people with disabilities and their families, has been launched in the United States.

    The website offers more than a thousand exclusive savings and benefits on different products and services for people with disabilities. This includes mobility products, daily living requirements, insurance and travel.

    It also features the Alto Advantage Club which will allow members to find and buy products easily and save hundreds of dollars a year.

    The idea is to consider people with disabilities as an important consumer group and offer them the best products at reasonable prices.


    Category: Business

    Date: Mar 26, 2017

    Norway-based telecom company Telenor is giving 56GB data for Rs 47.

    What is surprising about the new offer is that it is available to only Telenor’s 4G customers and valid for a period of 28 days.

    It means the plan has a daily data limit of 2GB per day.

    Customers eligible for the scheme will be informed by an SMS from the company.

    It looks like the company has introduced the new offer only to compete with Reliance Jio, Airtel, Vodafone, Idea Cellular which have launched new plans recently to increase its number of customers.


    Category: Business

    Date: Mar 26, 2017

    Bharat Sanchar Nigam Limited, BSNL, has introduced a new offer of 1GB free data for smartphone users who have BSNL connection but do not use internet.

    The idea is to promote digital India campaign and increase the number of BSNL internet users in prepaid network.

    The move comes at a time when Reliance Jio has announced new offers to attract customers.

    To compete with Jio’s offers, BSNL earlier introduced a plan that offers 2GB of 3G data per day and unlimited calling within its network for Rs 339 for a period of 28 days.


    Category: Business

    Date: Mar 25, 2017

    The Maternity Benefits (Amendment) Bill, 2016, seeks to increase maternity leave to 26 weeks from 12 weeks and has been welcomed by many groups.

    However, a survey shows that this may lead to many startups and small companies preferring to hire men over women.

    A survey was done by LocalCircles among over 4,000 startup founders and businessmen. Nearly 30% said that they would prefer hiring male employees. 35% said the law would affect their profits negatively. 26% said that they would prefer to hire men over women.


    Category: Business

    Date: Mar 25, 2017

    International clothes brand company Marks & Spencer is opening cafes to provide a stress-free space for people. The project aims to help shoppers relax and talk about what is bothering them.

    The initiative is called Frazzled Cafe and will be hosted in restaurants that have closed for the day. The launch is being done in 11 stores and more locations will be added soon.

    Trained volunteers will manage the sessions where people can talk about their feelings and thoughts. The company says that this is not therapy but an open space for sharing feelings.


    Category: Business

    Date: Mar 24, 2017

    The BSE Sensex and NSE Nifty were trading up on Friday due to continued buying by investors in banking and FMCG stocks.

    The BSE Sensex closed 89.24 points up at 29,421.40 while the NSE Nifty closed 21.70 points up at 9,108.00.

    The top three Sensex gainers were ICICI Bank (+2.90%), SBI India (+2.81%) and GAIL (+1.17%).

    The top three Sensex losers were TCS (-1.31%), Lupin (-0.94%) and Bajaj-Auto (-0.93%).

    The top three Nifty gainers were Bank of Baroda (+3.76%), ICICI Bank (+3.22%) and SBI India (+2.77%).

    The top three Nifty losers were Grasim (-2.94%), Tech Mahindra (-2.03%) and Zeel (-1.34%).

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      Category: Business

      Date: Mar 24, 2017

      International footwear brand Nike plans to introduce a new shoe that includes special accessibility features.

      The idea is to make it easier for people with disabilities to slip their feet in and out.

      The new collection of shoes is called the LeBron Soldier 10 FlyEase.

      It opens from the heal to the midpoint and uses a flatter zipper and Velcro straps to secure the shoe around the foot.

      The LeBron Soldier 10 FlyEase is available online in both kids and adult sizes.