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Indian Tycoon Gave Away $750 Million. He Doesn't Even Own A Mobile Phone
He built a fortune lending to low-income borrowers shunned by banks. He paid staff below-market wages and thought they still earned too much. He gave away almost all his wealth to a handful of employees, content with his small house and a $5,000 car.
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Hyundai AH2 (Santro) Launch Details Revealed; Will Get An AMT Option
Hyundai's new small car, codenamed AH2, is all set to be launched in India this festive season and sources in the company have told us that the car will go on sale in mid-October. Expected to be named as the 'Santro', the upcoming hatchback will also be the first-ever Hyundai car to come with an AMT a.k.a. automated manual transmission system.
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A White Woman Called Police On A Black 12-Year-Old - For Mowing Grass
It's a business that has existed for as long as there have been summer vacations and borrowed lawn mowers: A pint-size entrepreneur offers to endure the rage of a summer sun on a neighbor's behalf, pushing a lawn mower across high grass for a small fee.
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Volkswagen T-Cross Spied Ahead Of Launch
The VW T-Cross is the small crossover from the German stable and will borrow design elements from the VW T-Roc SUV.
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Hyundai Santro Spotted Testing In India Again
Hyundai's upcoming small car was recently spotted in India. Expected to be christened the Hyundai Santro, the near-production prototype model is still heavily camouflaged and was being benchmarked alongside a Maruti Suzuki Celerio.
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Suzuki Intruder India Launch Highlights: Price, Specifications, Features
Suzuki Motorcycle India pulled quite a surprise as it gears up to launch the new Suzuki Intruder in the country. Not to be confused with the mighty Suzuki Intruder M1800R that is on sale globally and in India, the new Intruder is a modest 155 cc offering that is targeted to capture the growing interest of the small capacity cruisers.
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Piggy Banks, Children's Pocket Money Comes In Handy After Demonetisation
With ATMs shut after the demonetisation move, the ripple effect was felt among the city's lawyers community too, some of whom had to borrow small change from their children and friends to reach the court complexes while some even took money from their children's piggy banks.
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Kawasaki Versys 250 On The Cards
Keeping in line with the current trend of small capacity dual-purpose adventure motorcycles, Kawasaki too is working on a 250cc variant of the Versys and might soon launch it in Indonesia. It should not be a far-fetched idea too as Kawasaki already has a 250cc engine with the Ninja. The platform is there as well in the Z250. The Versys 250 should c...
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Why Small Farmers In Tamil Nadu Borrow Money At 60% Interest
In October 2014 Karuppasamy (name changed), a farmer in Tamil Nadu’s western district of Pudukkottai, had no choice but to rent a pump-set to irrigate his farm when the rains were delayed and insufficient. To pay for the pump, Karuppasamy took a loan from the local moneylender. He did not consider approaching a nearby bank because he had to get w...
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Why Small Farmers In Tamil Nadu Borrow Money At 60 Per Cent Interest
In October 2014 Karuppasamy (name changed), a farmer in Tamil Nadu's western district of Pudukkottai, had no choice but to rent a pump-set to irrigate his farm when the rains were delayed and insufficient.
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Micro-finance bill is anti-poor, says Andhra Pradesh government official
The micro finance bill, approved by the Union Cabinet last week, is anti-poor and will help microfinance institutions (MFIs) and not small borrowers, a senior official of the Andhra Pradesh Government said.
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Orissa: Loans driving farmers to suicide
In 2009, 43 farmers in Orissa committed suicide. They were all small farmers who couldn't access institutional loan and had to borrow from microfinance NGOs at an exorbitant rate of interest.
-
Indian Tycoon Gave Away $750 Million. He Doesn't Even Own A Mobile Phone
He built a fortune lending to low-income borrowers shunned by banks. He paid staff below-market wages and thought they still earned too much. He gave away almost all his wealth to a handful of employees, content with his small house and a $5,000 car.
-
Hyundai AH2 (Santro) Launch Details Revealed; Will Get An AMT Option
Hyundai's new small car, codenamed AH2, is all set to be launched in India this festive season and sources in the company have told us that the car will go on sale in mid-October. Expected to be named as the 'Santro', the upcoming hatchback will also be the first-ever Hyundai car to come with an AMT a.k.a. automated manual transmission system.
-
A White Woman Called Police On A Black 12-Year-Old - For Mowing Grass
It's a business that has existed for as long as there have been summer vacations and borrowed lawn mowers: A pint-size entrepreneur offers to endure the rage of a summer sun on a neighbor's behalf, pushing a lawn mower across high grass for a small fee.
-
Volkswagen T-Cross Spied Ahead Of Launch
The VW T-Cross is the small crossover from the German stable and will borrow design elements from the VW T-Roc SUV.
-
Hyundai Santro Spotted Testing In India Again
Hyundai's upcoming small car was recently spotted in India. Expected to be christened the Hyundai Santro, the near-production prototype model is still heavily camouflaged and was being benchmarked alongside a Maruti Suzuki Celerio.
-
Suzuki Intruder India Launch Highlights: Price, Specifications, Features
Suzuki Motorcycle India pulled quite a surprise as it gears up to launch the new Suzuki Intruder in the country. Not to be confused with the mighty Suzuki Intruder M1800R that is on sale globally and in India, the new Intruder is a modest 155 cc offering that is targeted to capture the growing interest of the small capacity cruisers.
-
Piggy Banks, Children's Pocket Money Comes In Handy After Demonetisation
With ATMs shut after the demonetisation move, the ripple effect was felt among the city's lawyers community too, some of whom had to borrow small change from their children and friends to reach the court complexes while some even took money from their children's piggy banks.
-
Kawasaki Versys 250 On The Cards
Keeping in line with the current trend of small capacity dual-purpose adventure motorcycles, Kawasaki too is working on a 250cc variant of the Versys and might soon launch it in Indonesia. It should not be a far-fetched idea too as Kawasaki already has a 250cc engine with the Ninja. The platform is there as well in the Z250. The Versys 250 should c...
-
Why Small Farmers In Tamil Nadu Borrow Money At 60% Interest
In October 2014 Karuppasamy (name changed), a farmer in Tamil Nadu’s western district of Pudukkottai, had no choice but to rent a pump-set to irrigate his farm when the rains were delayed and insufficient. To pay for the pump, Karuppasamy took a loan from the local moneylender. He did not consider approaching a nearby bank because he had to get w...
-
Why Small Farmers In Tamil Nadu Borrow Money At 60 Per Cent Interest
In October 2014 Karuppasamy (name changed), a farmer in Tamil Nadu's western district of Pudukkottai, had no choice but to rent a pump-set to irrigate his farm when the rains were delayed and insufficient.
-
Micro-finance bill is anti-poor, says Andhra Pradesh government official
The micro finance bill, approved by the Union Cabinet last week, is anti-poor and will help microfinance institutions (MFIs) and not small borrowers, a senior official of the Andhra Pradesh Government said.
-
Orissa: Loans driving farmers to suicide
In 2009, 43 farmers in Orissa committed suicide. They were all small farmers who couldn't access institutional loan and had to borrow from microfinance NGOs at an exorbitant rate of interest.
