KACHARAGADLA

Kirk Phelps wants to change how things get made. He holds up a floppy yellow circle of plastic, a sealing gasket for a generic automotive engine, and explains how this gasket is limiting human creativity. “If you want to make a new kind of engine, you don’t get to design the engine from the ground up. You actually go to your gasket supplier and ask what standard gaskets are available and you design the engine around it. This is backward,” says Phelps, a 33-year-old product designer who helped develop the multitouch on the first iPhone. That frustration led him to take the job as head of product development at Carbon3D, one of the hottest startups to come along in the emerging 3-D printing industry. The promise of 3-D printing is the ability to produce a solid part on the spot based on any digital 3-D file, freeing engineers to build their dream engine. While some of the highest-end machines can precisely print small-batch items such as hearing aids and artificial joints, the va

MUMBAI, :   Ever since Satya Nadella took over as the Chief Executive Officer of Microsoft he has brought in huge changes to the way the company saw things. Having missed technological shifts to newer rivals such as Google and Facebook, Nadella is on an overdrive to ensure that Microsoft stays ahead of the innovation curve. In a roundtable with select media, Nadella spoke about his vision. Edited excerpts: The Central government has launched various initiatives such as Make in India, Digital India. What’s your view on the envisioned success of these programmes? As a company, Microsoft is in it for the long term. Because when you think about the country and about the trajectory, I look at not only what’s happening in the government, but also what is happening in the private sector, what is happening in the broader economy as a whole, and that’s where my optimism comes from. Our economic model is fundamentally about digital technology in the hands of others — be it small

NEW DELHI:   A rescue package for ailing electricity utilities, called ‘Ujwal DISCOM Assurance Yojna’ or UDAY, was approved by the Cabinet on Thursday. The scheme stipulates passing on discom debts in their entirety to the respective States over two years. Under the scheme, States will take over 75 per cent of the debt as on September 30, over two years — 50 per cent in 2015-16 and 25 per cent in 2016-17. Ensuring that the Centre’s finances are not impacted, the scheme stipulates that the debt taken over by the States will not be included by the Centre when calculating the fiscal deficit of respective States in fiscal years 2015-16 and 2016-17. To take over the debt, the States will issue non-SLR (statutory liquidity ratio) bonds either in the market or directly to the bank/financial institution (FI). The discom debt not taken over by the State would be converted by the banks/FIs into loans or bonds bearing an interest rate not more than the bank’s base rate plus 0.

The gold available with the country should be put to productive use, and the new schemes show us the way to achieve the goal: Narendra Modi Prime Minister Narendra   Modi on Thursday launched three gold-related schemes , namely the Gold Monetisation Scheme, Sovereign Gold Bond Scheme and the Gold Coin and Bullion Scheme. “India has no reason to be described as a poor country, as it has 20,000 tonnes of gold. The gold available with the country should be put to productive use, and these schemes show us the way to achieve this goal,” the Prime Minister said while launching the schemes. Gold has often been a source of women's empowerment in Indian society, and these schemes will underscore that sense of empowerment, Mr Modi added. The Gold Monetisation Scheme (GMS) will replace the existing Gold Deposit Scheme, 1999. However, the government has made clear that deposits outstanding under the Gold Deposit Scheme will be allowed to run till maturity unless the deposit

Every day, my inbox is filled with requests from my readers and audience members about what I did to become a millionaire. My answer often surprises them.  Let me put it this way: Earning $1 million in a year takes the same effort that earning $10,000 per year takes. However, the difference is not in the effort which you put forth, but in what you think about your efforts. I've had dozens of jobs before I learned the secret  formula   of obtaining wealth. In fact, I remember one job at a car-manufacturing factory where I had the displeasure of waking up 3 am to walk a dozens miles per day as I traversed stray items to it's proper location. It was menial, but even worse, degrading.  After that particular job, which ended promptly at 9 am, I would wearily go to school, barely able to heed the lessons from my professors. It was an endless endeavor that I despised. Deep down inside me, I knew that there had to be a better way to earn my money. But how?  I felt like an

If you want to become a millionaire, you need the skills to pay the bills. Millionaires set themselves apart from the masses by the skills they possess. These skills are so well crafted that the average person does not realize them. And this is what made them a millionaire in the first place. In my journey to becoming a millionaire, I thought that these skills were impossible to cultivate. However, once I started meeting people who had them, I realized that I too could learn them. After plenty of mistakes, I sought to refine them by studying the experts again. While some of those I studied were great at sales, others were great at marketing. I learned from the millionaires who were the best at each respective skill. And that's how I became a millionaire! Here are the 12 skills every millionaire must have: 1. Communication Millionaires send out thousands of emails every year. Every email builds your brand. They are also specialists on the phone and meeting face t

Ask any successful entrepreneur about the key to his or her success, and confidence is likely to be near the top of the list. That’s because entrepreneurs must be independent while connecting with the right people, level headed while taking risks, and big-dreamers while being utterly realistic about their prospects—all of which are fueled by self-confidence. Conventional wisdom says that confidence is something you’re born with or learn early. But the fact is that confidence can be achieved through effort and determination. Here are four concrete ways to increase your confidence, and therefore your possibilities, productivity and success as an entrepreneur. 1. Rid your life of negativity. If you want to live a positive, joyful life, you cannot surround yourself with negative people who don’t support or encourage your happiness. There will always be consistently negative people who constantly try to bring you down. Don’t allow these people to sap your confidence. This may be