Masala Today

Fremont: Are you an entrepreneur who is funneling all of your money into the business without taking anything out? If yes, then you are making huge money mistake that most young entrepreneurs make usually. In a business, things usually come from all sides, taxes, rent, bills, premiums, personal expenses and running cost of the business. Money issues are the biggest pitfall that entrepreneurs face. If you cannot take care of your finance than your business will suffer. We bring to you few most common money mistakes that entrepreneurs make so that it can help you avoid them. Underestimating the Expenses You remember the obvious expenses like rent, taxes, cost of production and others, but have you added up the cost of marketing that is going to add up to the cost after production? And the cost of advertising? What about the cost incurred in launching your product in the market? Have you added up the cost of free samples that you are going to give to a

SREI Sahaj E village limited (SSEVL) celebrated the success stories of the Village level Entrepreneurs. SSEVL has been in forefront of E-governance sphere not only in Odisha but five other states of India.  It started its operation in September 2008 in the state with an objective of transforming rural Odisha by bridging the rural-urban digital divide and in these three years the company is proud to be able to provide a sustainable business model to over two thousand rural youth. Among these new Village level entrepreneurs, 20% are housewives thereby helping in rural woman empowerment. The company is also proud to connect the remotest parts of Odisha through its technological and human network. With total team strength of 130, SSEVL caters to the need of rural people in its mandated 16 districts by providing host of services with a view to make a difference in their day to day life. About 30 services are now available at Sahaj CSCs(Common service centers) including dig

Audit company, KPMG has given a clean chit to the Kanorias of Srei group in the alleged financial irregularities in tower company Viom Networks. A former company secretary had alleged that the Kanorias had diverted funds to the tune of R s. 300 crore to some private institutions from  Viom, a venture between Tata Teleservices and Srei Group enterprise Quippo.  The company then  appointed KPMG to assess the extent of graft, if any.  At a meeting last week, the top management and board members, including those from the Tatas, told this to employees. Viom Networks declined to comment.   In 2009, the tower businesses of Tata Teleservices and Quippo were merged to form Tata Quippo, now named as Viom Networks, in which the Tatas have a 51 per cent stake and the Srei group owns 18 per cent. But it is managed by the Kanorias of Srei. The company secretary was fired on July 25, following which he made the allegations. Hemant Kanoria, managing director of the Srei grou