Author: Saurabh Swarnakar

SPICE forms: A hassle-free process of incorporation

Ministry of Corporate Affairs (‘MCA’) has come with for Incorporation of Company under Companies Act, 2013 to incorporate the company within one day; with the SPICE forms meaning (Simplified Performa for Incorporating Company Electronically). It was a significant step taken by Ministry of Corporate Affairs by introducing e-form INC-32 under SPICe scheme vides MCA’s notification dated 01/10/2016 notifying Companies (Incorporation) Fourth Amendment Rules, 2016. The Ministry of corporate affairs (MCA) is primarily concerned with the administration of the Companies Act 2013, the Companies Act 1956,…

A FAR REACHING FINANCIAL INCLUSION PROGRAM (JAN DHAN YOJANA )

How can a country develop if a larger chunk of its population is left behind? If a greater portion of its masses still remains unbanked? In order to justify the title ‘developing country’ financial inclusion is a must for India. Through the years, the government of India and Reserve bank of India have taken various measures to achieve the goal of financial inclusion. The PRADHAN MANTRI JAN DHAN YOJANA is perhaps the largest financial inclusion drive in the world, and…

How effective is banking relationship management

In today’s competitive era, where there is cut-throat competition in almost every sector, banking sector too has to face that fierce competition. Customer relationship management [CRM] is an evolving trend in Indian banks today & the banks are really investing a lot in it. In fact, CRM tops the list of banking priorities. It’s about creating an enduring competitive advantage by being the best to understand, communicate, deliver and develop existing customer relationships in addition to creating and keeping new…

Digital India: A Planning towards future or Enforcement of Technology

A lot has been done till date by the government of India with the Digital India plan, the idea behind this plan was definitely to just improve ourselves as to digital world and to adopt the changes as the world is changing so not to lack behind. It is mentioned in the website of digital India, that Digital India has a vision transform India into a digitally empowered society and knowledge economy. But my main concern is after the two…

Introduction to Blockchain

What is a blockchain? A blockchain is a decentralized library and a way of doing transactions of the cryptocurrencies like bitcoin and ethereum. ?The blockchain is actually a continuously growing list of records called blocks and each block contains a cryptographic hash of the previous block, a timestamp and transaction data. This way, Cryptocurrencies like Bitcoin wallets can calculate their spendable balance and new transactions can be verified to be spending bitcoins that are actually owned by the spender.  …

WHAT IS AUGMENTED REALITY

Augmented Reality was first achieved, to some extent, by a cinematographer called Morton Heilig in 1957. He invented the Sensorama which delivered visuals, sounds, vibration and smell to the viewer. Of course, it wasnt computer controlled but it was the first example of an attempt at adding additional data to an experience. Wikipedia describes?Augmented Reality ?as a live direct or indirect view of a physical, real-world environment whose elements are Augmented” by computer-generated or extracted real-world sensory input such as…