Shahamat Hussain Shared economy is one of the ideas that is changing the world. Shared economy is also known as peer economy which can be understood as a set of practices that allow individuals and companies to share access to products, services and experiences through technology and innovations. It is a class of economic arrangements; participants share access to products and services, instead of individual ownership. In a country like India, where internet enabled smart phone users are growing, shared economy will open doors for new opportunities. Looking at the kind of developers behind this kind of a business model, the primary progress is the changing technology, which, with new innovative technology allows us to connect with people and discover things to share. Secondly, the shift in paradigm which is characterized by openness, humanness and the need to stay connected. Third is the economic reality which brought home environmental pressures like the population growth, limited natural resources and growing awareness of the effects of climate change after the 2008 financial breakdown. Sharing brings two changes; a reduction of resource consumption and it allows access to resources. The first experience of sharing economy in India started with business models like Uber, the San Francisco-headquartered mobile app based transportation system, launched in 2013.The most recent entry into shared economy was in March 2015, when Ola (previously Ola cabs), launched its app...Read More
Author: Digavalli Pavan
Shaima mansoor “The destiny of India will be scripted by transformed minds which have to break free from the old molds and charter new, trial blazing courses,” asserted E.S.L. Narasimhan, Hon’ble Governor of Telangana and Andhra Pradesh and Chief Rector of the University, in his address at the XVII Convocation Ceremony of University of Hyderabad at Shilpakala Vedika on 1st October. Narasimhan, who was the chief guest, gave away the gold medals to the meritorious students while Dr. C. Rangarajan, Chancellor of the University, administered the oath to the 1491 new graduates. Governor in his address, stressed on the role of the educational istitutions in harvesting and encouraging young minds to be productive and innovative. Professor Appa Rao Podile, Vice-Chancellor, UoH, added that the University is now among the top 3.8% institutions providing higher education worldwide as per a study done by Centre for World University Rankings (CWUR). He urged the out going batch to keep up to the standard and reputation of this premier institution. In spite of the controversy over a rigid dress code which was later withdrawn, students came mostly dressed in traditional attires. Accompanied by their friends and family the young faces gleamed with joy and pride. One of the estatic graduates, Sandeep Sahu, a gold medalist from the Department of Theatre Arts shared his feelings. “Coming from an inartistic background, I still find it...Read More
Keerthana.B Students’ Union Election 2015 in University of Hyderabad reached its finale with the panel comprising Students Federation of India (SFI), Dalit Students’ Union (DSU), Telangana Students’ Front (TSF) and Telangana Vidyarthi Vedika (TVV) coming to power. The alliance swept all the positions in the Students’ Union. With a margin of 339 votes Zuhail K.P. emerged victorious to the post of the President while Raju Kumar Sahu won the post of General Secretary with a lead of 190 votes. Others in the panel are M. Venkatesh (Vice President) N. Siva Durga Rao (Joint Secretary) Chiluka Srilatha (Cultural Secretary) and P. Sandeep Kumar (Sports Secretary). Aleena Sebastian (Ph.D) and Sana Fatima (CIS) were elected to the Gender Sensitisation – Committee Against Sexual Harassment (GS-CASH). Aritraa Saha was elected unopposed as the Masters representative in GS-CASH. Majority of councillors were also elected from the winning alliance. In the overall outcome ABVP (Akhil Bharatiya Vidyarthi Parishad) came second and UDA (United Democratic Alliance) third. The polling was held on the 8th of October with booths set up in the different departments. The process went smoothly and peacefully. The polling precentage was 79% with 3825 of 4800. Counting took place at Ambedkar Auditorium and the results were announced around 7:30 pm on 9th October. Jubilant celebrations carried out by the students of the winning organizations marked the conclusion of the polls. The Telangana...Read More
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