On the occasion of International Mother Language Day, Microsoft has announced support for email addresses in 15 Indian languages across its email apps and services, including Office 365, Outlook 2016, Outlook.com, Exchange Online and Exchange Online Protection [EOP]. For the first time, users will be able to use local language email addresses for Outlook accounts on PCs.

Image Source – Microsoft

It will also allow users to now seamlessly send/receive mails to/from local language email addresses via Outlook client on PCs, outlook.com in addition to Outlook apps for Android and iOS. This initiative is part of the company’s ongoing efforts to support Email Address Internationalization [EAI] across its products and services eco-system and make technology accessible in local languages.

The languages being introduced are those that support Unicode, an international encoding standard for use with different languages and scriptsLocal language email addresses are inseparably linked with Internationalized Domain Names [IDNsand can currently be registered in these 15 languages according to .IN Registry, which is responsible for registering IDNs in IndiaMicrosoft’s products will also support additional Indian languages as and when their IDNs and email addresses become available in the future, making this feature forward compatible.

Speaking of the announcement Meetul Patel, COO – Microsoft India said

Ensuring that language is not a barrier to the adoption of technology is key for digital inclusion and growth. Making email addresses available in 15 languages is an exciting step to making modern communications and collaboration tools more accessible and easier to use for all – something we have been relentlessly working towards. We’re making technology use the language of people, and not requiring people to first learn the traditional language of technology.

Users can register local language email addresses in India from third party EAI address providers such as XgenPlus through a simple online process.Microsoft, a member of Universal Acceptance Steering Group [USAG] along with international partners including XgenPlus, Coremail, CNNIC and SaudiNIC, is working to support email addresses in any Unicode script through its apps and services, including RTL [right to left] languages such as Urdu and Arabic.

Microsoft and Local Language computing : Starting with Project Basha in 1998, Microsoft has been consistently working to provide local language computing in Indian languages.Microsoft supports 22 constitutionally recognized Indian languages overall, including 11 Indian language scripts for Office and Windows. Moreover, Bing allows users to browse in nine Indian languagesWith the help of its AI technologies and Deep Neural Networks, Microsoft is now making translation and speech recognition across several Indian languages, in addition to making Indic computing on the local cloud a reality by launching local cloud services from India data centers.

Fast Company announced its annual ranking of the world’s 50 Most Innovative Companies [MIC] for 2018, honoring leading enterprises and rising newcomers that exemplify the best in business and innovation. Reliance Jio, India’s premiere mobile and digital services provider earned the number 17 spot on the global list, and also ranks at number one for Most Innovative Companies in India.

Image Source – Reliance Jio

Reliance Jio has been at the forefront of technology and innovation bringing transformational changes to the Indian digital services space and propelling India into global leadership in the digital economy. With their eco-system comprising of a network, devices, applications and content, Jio has revolutionized the Indian telecom landscape, becoming the highest quality and most affordable data market in the world.

Akash Ambani, Director, Reliance Jio, stated

Since the launch of Jio, our mission has been bold yet simple: to make broadband technology affordable and accessible to every person in India. We have sought nothing less than a complete transformation of the Indian telecom sector, fueled by our commitment to bring the best products, services and value to our customers, and continuous innovation plays a major role in delivering on that promise.

Jio joins the list of other leading global companies such as Apple, Netflix, Tencent, Amazon, Spotify and many others. The 50 Most Innovative Companies were curated from Fast Company’s Top 10 lists, which recognize pioneering companies across 36 categories, from artificial intelligence to wellness. More than three dozen Fast Company editors, reporters, and contributors surveyed thousands of companies – many of which were identified by a new MIC submission process – to create these lists.

Most Innovative Companies is Fast Company’s signature franchise and one of its most highly anticipated editorial efforts of the year. It provides both a snapshot and a road map for the future of innovation across the most dynamic sectors of the economy.

Fast Company deputy editor David Lidsky, who oversaw the issue with senior editor Amy Farley, said

This year’s MIC list is an inspiring and insightful window into how many companies have embraced innovation and are working to make meaningful change.

Fast Company’s Most Innovative Companies issue [March-April 2018] is now available online here, as well as in app form via iTunes and on newsstands beginning February 27.

Koinex, India’s most advanced digital assets exchange will be listing two global crypto-assets [tokens] – OmiseGO [OMG] and Request on their exchange. In fact, Koinex will be the first exchange in India to introduce Request assets into the Indian market. OMG has been in the domestic circuit for few months but has been rather inert, and might find some buzz on the Koinex exchange.

Image Source – Koinex

Both these token are sought after assets in the global market mainly because of their efficient and ‘future ready’ technology which promises to bring a disruptive innovation in the areas of online payments, banking and e-commerce.

These tokens [crypto-assets] will be listed on the Koinex exchange, across both platforms, the portal and the app, by 2:00am Thursday [Feb 22[ this week. However consumers can start trading on them by early Friday [Feb 23], post 2:00am.

Speaking about this strategic launch, Rahul Raj, Co-Founder & CEO, Koinex said

The overall crypto-market is at an exciting juncture at this point of time and the optimistic outlook of the global digital-assets sector is slowly rubbing on the domestic market here. After careful evaluation, we have brought these tokens to the Indian market and we are very buoyant and assured that they will gain a lot of market prominence in the near future.

Adding to it, Aditya Naik, Co-Founder & CBO, Koinex said

There are many dubious tokens in the crypto-ecosystem and hence it is imperative to be mindful of the crypto-assets to invest in. We at Koinex, meticulously monitor all leading crypto-assets across the globe and have stringent quality checks related to the market cap, company legacy, relevance of the technology platform, scalability etc. to filter out the competitive tokens worthy of our customer’s investment. This quality assurance is one of our key differentiating factors amongst peers.

Rakesh Yadav, Co-Founder & CTO, Koinex added

Both Request and OmiseGO are essentially the technology of the future. They will ease a lot of the pertinent issues today with online payments, fund transfers, payment automation, e-commerce, IoT, etc. They are technologies that suit businesses and consumers both, aptly for secure and economical transactions, hence will always be valued assets in the crypto-market.

OmiseGO aims to be a decentralized exchange based on Ethereum platform, with the focus to provide better financial services for everyone, including patrons who lack traditional banking infrastructure, thus mitigating the current challenges between payment gateways, processors and financial institutions. So through the OmiseGO network, anyone will be able to conduct financial transactions such as payments, remittances, payroll deposit, B2B commerce, supply-chain finance, trading and other on-demand services, in a completely decentralized and inexpensive way.

Additionally, it will enable transitions using fiat money to decentralized currencies such as ETH, BTC, and others. As per current industry a report, the token OMG is currently the sixth highest markets cap Ethereum project in the world and the first Ethereum project to exceed USD $1 billion valuation.

Request Network, also based on Ethereum platform, aims to be a decentralized network that allows anyone to request a payment, for which the recipient can pay directly in a secure way. Essentially, here the need for a third party [Payment Gateway] in the financial transaction is eliminated, thus saving cost and being secure, quick and efficient at the same time. It also gives scope for wide range of automation possibilities. All the transactions are saved on an irreversible, authentic ledger, which is beneficial for accounting and auditing processes. The platform aims to work with every global currency and will be designed to be flexible and be compatible with IoT or any future systems.

These technology platforms being built on Request network and OmiseGO have a pragmatic approach to the future and are scalable platforms, designated to be more efficient and impactful than present day marvel platforms. This technical excellence and forward looking application makes them valuable assets for the market and will be a force to reckon on the exchange.

When it comes to borrowing money, many people prefer taking personal loans as opposed to using their credit cards as they can get more from it, the process is easier, and the rates are better.

Image Source – Personal Loan

Once you do get approved for a personal loan, the money is sent directly to your bank account. However, you have to decide whether you want to get a fixed term loan or a fixed interest rate loan.

A fixed term loan is usually less than 5 years and you can pay off the debts quickly. With a fixed interest, your monthly payment and the interest rate stay the same, however, if you are over 60 days late the interest rate on your current balance can be increased.

However, when you are getting a personal loan, you should be very careful about what you’re getting into. A lot of contracts come with certain tricks and traps that don’t even have to be buried away because the lenders will convince you that it’s in your best interest.

If you are well versed in these common traps, you can avoid them.

Insurance

Getting a life insurance can be a great means of protecting your family in case any calamity should occur. When you are considering getting a life insurance, you should look through all your options in the market and come up with the best one.

However, a lot of loan lenders, while closing the loan, might ask you to also add an insurance cover to the loan. This increases the premium of the loan. Furthermore, these insurances usually charge a premium far higher than the ones available elsewhere in the market.

To avoid this trap, you need to ask pointed questions about how the claims will be made, what would be the premium on the load, and other such questions. Only if you are satisfied with the answers, and if you’ve surveyed the market, should you purchase the loan.

Pre-Compute Interest

While Pres-Compute Interest may be hard to explain, it’s the worst deal you can get stuck with. It calculates interests in a complex manner and you end up paying a far higher interest in the initial years of the loan than you would otherwise. As such, you might pay off your loans earlier than anticipated, but you’ll do so at a higher interest rate.

In the advertisements, they may mention ‘no prepayment penalty’, however the interest will be calculated based off the ‘precompute’ method and you will end up paying more.

Origination Fee

Most personal loans charge an origination fee, which is why most people get stuck with a bad deal. You should calculate the APR of a loan, not the interest rate. And in order to avoid getting stuck with the fee, you should realize that the fee is already deducted from the loan amount.

Penalties for Prepayment

Even if penalties aren’t charged directly for prepayment, they may be charged via pre-compute interest and the origination fees. Be sure to ask if there’s a prepayment penalty, and if so, then avoid it entirely.

The share markets are volatile and risky. The huge fluctuations may be scary for you especially if you are new to stock market investing. It is natural that you would not like to lose money when prices fall. However, you must not make investment decisions based on the short-term fluctuations but instead invest for the longer term.

Image Source – Equity Market

Staying invested for a longer time is better than trying to time the market. Successful investors do not have any investment secrets to make profits. Stock investing is about comprehending the fundamentals and hard work.

Here are three reasons why you must invest in equity market.

Multiple investment options

You may invest in shares of certain companies or invest in index stocks to make profits. Alternatively, you may invest through equity mutual funds, which is an indirect way to invest in the share markets. You may also invest in the derivatives market, which includes futures and options.

Inflation-beating returns

Compared to most financial products such as government bonds, savings bank account, fixed deposits, insurance, and others, investing in the equity market offers the highest returns, especially in the long-term. If you remain invested for three to five years, there is an excellent opportunity of making inflation-beating returns. This helps you build wealth over the years.

Risk mitigation

Diversification is an important aspect of financial planning. Stock investing is risky and you may never completely mitigate the risks. However, you may invest in companies with different market capitalization or operate in different sectors to mitigate the inherent risk of stock investing.

Using market news correctly

Institutional investors may have an advantage because they receive equity market news through their huge network of professional experts. However, you also have access to this information. Furthermore, you may use several tools and techniques that are easily available online to use this information to your advantage.

An important aspect of investing in stock markets is to have a plan. You must determine the available capital that you have for such investments. Additionally, know your risk appetite and set a financial goal and investment horizon before you commence investing in shares.

It is recommended you start early so your capital has a longer time to grow. If your financial goal is in the distant future such as building a retirement corpus, stock investing may be beneficial. This is because, with a longer investment horizon, you are able to ride out the short-term volatilities to build a huge retirement corpus.

You must never assume too much risk while investing in stocks. You should have realistic goals and use the share market news wisely for maximizing your returns. To ensure you do not lose money, you must book profits once your price target is achieved. Gaining proper understanding before investing is important.

SharkID, the Smart Phonebook app, launched SharkID for Business, enabled by the corporate card. It is targeted at professionals [Employed & Self-employed], businessmen, SMEs and brands.

Founded by Ramesh Sinha, a technocrat and serial entrepreneur, SharkID is a smart phonebook app that auto updates itself and focuses on creating digital card format of contacts. When a company card is registered [verified through OTP], multiple fields are filled in – this creates the Corporate Card. The company name or brand is usually the SharkID chosen. When it gets verified, Brand Dialing can be availed. Just dialing in the brand name will connect the dialer to the nearest outlet. [e.g: dial PizzaHut to connect to the nearest PizzaHut outlet].

Every employee of the company can be given a SharkID business card and the database will remain updated in real-time, in case of attrition. For an enterprise, communicating within the company and with customers becomes much easier. Similarly, for hiring purposes, SharkID will enable a background check – one can see if the person concerned is connected to any employee within the organization.

Speaking at the launch, Ramesh Sinha, Founder – SharkID, said

SharkID for Business will fundamentally impact the way business is done – Referenced Networks[RN] will ensure there are more referrals, more trust, more conversations and more volumes. With SharkID enabling convergence and conversations, I am confident that Enterprises will embrace this idea & form their own communities on our platform.

Whether it is customer interface, insights, business patterns…the sheer amount of intelligence generated by SharkID will be of immense value to the enterprise. At SharkID, we strongly believe that individuals, Enterprises and brands have latent brand equity that has yet not been fully leveraged. Our AI & Big Data mesh will enable smarter referrals across the board to unleash the power of smart networks.

Imagine technology having a fundamental impact on core management functions like HR, Customer relations, Sales and Marketing. Think of a Hoarding with only the logo and brand name – so, because the brand name is the SharkID. Whenever a customer or a potential business lead searches for the brand, they get referred to someone in the brand’s network, and get the info about how they are linked. Think of the incredible amount of intelligence that various departments like HR, Sales, Marketing, Advertising, etc…would get through SharkID and how this could be deployed in realtime for maximum efficiency.

With over 2.5 Lakh downloads, 25 Lakh calls made, 350 Lakh mobile number network and 50 Lakh caller discoveries; the company is looking to deepen the user experience and expand the user-pool across India to 10 million by March 2019.

About Shark Identity Private Ltd

Shark Identity Private Ltd is a JV between Silvertouch Technologies and eProcurement technologies. A bootstrapped startup founded by Ramesh Sinha and Jignesh Patel, SharkID aims to replace physical visiting cards with digital cards over the next few years. For more information, please visit SharkID

Effective tax planning includes choosing the right investment option in order to maximize wealth and to generate higher returns in the long run. Individuals can, directly and indirectly, invest in the share market.

Image Source – Share Market

A direct investment means investing in stocks and equity savings scheme. Indirect investment means investing in the mutual fund, insurance, and National Pension Scheme [NPS]. There are various tax benefits available on an investment in equity. Some of the primary ones are discussed below:

Tax-free dividends

A large number of companies distribute their income amongst shareholders in the form of a dividend. The dividend is an income for the investor and the same is completely tax-free under the Income Tax Act. Any amount received in the form of the dividend is not taxable.

Long-term capital gains

When the shares are sold in the share market, investors either make a gain on the sale or suffer a loss. If the shares are sold at a price higher than the purchase price, it will be a gain and in case they are sold at a lower price, there will be a loss. Shares that are held for more than one year are known as long-term and the gain on the sale of such shares is exempt from taxation. In case of a short-term gain, it will remain taxable at 15%, regardless of the income tax slab the investor falls in. This implies that long-term investors can significantly benefit from taxation in case of capital gains.

Set off and carry forward of capital gains

The purchase and sale of shares are carried out through a demat account. The biggest tax benefit with regard to investing in equities is the option to set off capital gains. Short-Term Capital Gains [STCG] and Short-Term Capital Loss [STCL] can be adjusted against each other. Similarly, Long-Term Capital Loss [LTCL] and Long-Term Capital Gains [LTCG] can also be adjusted against each other. The capital loss can even be carried forward for up to eight financial years.

Equity-Linked Savings Scheme [ELSS]

Investment through ELSS has a number of benefits. It is liable for a deduction to the tune of INR 1.5 Lakh under Section 80C of the Income Tax Act. It has a lock-in period of three years and the dividend, as well as long-term capital gains, remain tax-free. If individuals are investing for the sole purpose of tax saving, this is an ideal choice.

Rajiv Gandhi Equity Savings Scheme

The scheme can earn tax benefits amounting to INR 50,000 and has a lock-in period of three years. Further, it is available to only those investors who have an income of less than INR 12 Lakh a year. It is considered as a preferred option of investment for the purpose of a deduction under the Income Tax Act.

Every investor should choose an investment strategy based on their long-term goals. In addition to making the most out of tax benefits, wealth maximization should be the goal. With a number of investment avenues available in the share market, it is possible to reduce the tax liability and maximize wealth at the same time.

User experience, Customer experience or Customer satisfaction! There are some synonyms that have become extremely common in the past few years. The customer of today has zero tolerance for any mistake. With mobile usage increasing drastically, the mobile world is also no longer untouched with this demand of smooth user experience. For anyone who is interested in customer retention, mobile app is as important as any other campaign. You offer your users a smooth experience or they will soon churn!

Following are some best practices for mobile app designing, implementing which can give your users a smooth experience around your app and will make them come back.

Tip 1: It’s all about grid and white spaces

Gridding is the basis of mobile app designing. On every surface of mobile app, you will find an invisible grid. Although you won’t be able to see it, but trust us guys, this is going to guide you through.

Similarly, the second you place a dot, word or even line on the display, the margins and paddings are defined. With every stroke, you clearly define the space where you are going to work. Having said that, always keep in mind to maintain some consistent heights and widths along with the padding and margins.

Tip 2: Create hierarchy with colors

Did you know every color value denotes a purpose and can affect your user behavior in a certain way? For e.g., let’s talk about Black and gray-scale color. Let’s say you have made one button as black, the next one as dark gray and the next to it as light gray, it will indication ‘the first one is the most crucial to the visitor, second one is less and third one is the least’. Hope you got the drift!

Additionally, make sure to avoid using same color for buttons as you have used for app as this will make your buttons look lost. Instead go for contrasting color. Also, experts recommend to avoid using bright red color for buttons as in US, it indicates STOP. Often the users won’t click on it, thinking something suspicious.

Tip 3: Choose colors that reflect your brand not you

Now that you know how big role colors play in user experience, another thing you need to understand is that these color scheme settling should be defined based on the target market you are focusing. These colors should reflect your BRAND, not YOU! You can see many case studies on how even a minor change in the color led to huge boost in conversions. Also try to understand the color psychology. It’s best to go through the meaning and impact of every color before settling for any. Your brand has a specific purpose for your target audience and choosing the right colors is the best way to convey this relationship.

Tip 4: A great logo might not help you, but a poor one will definitely spoil you.

We all know, a brand and a customer, both are incomplete without each other. Logo is the quickest way to bring out your brand among a huge audience. Although investing in an extremely costly professional logo might not seem right to you, but settling with a poor one can really ruin your reputation. And the same thing applies in your mobile app too.

Unlike what people say, logo is not timeless. As the logo is a design and no design is timeless, how can a logo be? With time, most of the big names in the industry have modified their logo to match their modern audience. So make sure to update your logo time to time. Although if you are on tight budget, you can easily look for free online logo designer tools and get it done without spending fortune.

Tip 5: Using Outdated design or elements is a strict NO NO

No matter you are designing for desktop or mobile, one thing you have to constantly ensure is that your design is up to latest trends. If you are still stuck with those old school design trends, your customers won’t hesitate in shifting towards your competitors.

Customers today love modernity. They want everything updated and more in-sync with their personality. One such example is the huge shift towards flat designs. These days, flat designs have totally replaced Skeumorphic induced designs. And if any of the app is still holding anything but flat design, its audience will soon turn their backs to it.

The key here is to be totally aware of your users’ expectations, likes and dislikes. You err.. And they won’t spare you from judging. If you are modern, they will love that, if you are old school, they will note that.

Tip 6: Don’t throw sign up on their face as soon as they land on your app

Imagine your visitor has just landed up on your app and you slap one big ‘Sign-up’ button on their face, what are they going to do? You guessed it right, finding you creepy, they will simply press the Back button.

So guys, first wait for the users to browse your app and make some engagement such as liking a product or adding it to the cart. Another way here is to add Social Login. For those who are not aware of it, social login allows your users to sign in using their existing social media accounts such as Google+, Facebook, Twitter, etc. This will save them from the trouble of going through a long registration form that is asking him to create another username and password, he is going to forget as soon as his task is done.

Tip 7: Lastly, don’t forget to follow the visual guidelines

Although most people are not aware, even the UI world comes with certain guidelines. So while you are experimenting with user interaction or navigation, you must keep standards in mind. Try to focus on core features of the app instead of minor ones. If you want your app to be listed on the app store, you must optimize your website based on their criteria. Android, iOS, Windows, everyone has their certain guidelines around styling and other details. Avoiding them can create issues for you in future.

Finally, the best way to build an awesome app is to make your audience priority. Think how they think, design how they behave and you can never go wrong.

About the Author

Prince Kapoor is a Freelance Marketing Analyst and Blogger. While not working, you can find him in gym or giving random health advises to his colleagues which no one agrees on :). If you too want some of his advises [on health or on marketing], reach out to him at @imprincekapur