Category Archives: Business

No charges on digital payments made to large business establishments from 1 Nov

New Delhi: In a move that may boost digital payments, businesses with an annual turnover of more than ₹50 crore will have to mandatorily offer electronic mode of payments to their customers from 1 November, the finance ministry said on Friday. Besides, no charges or merchant discount rate (MDR) — charge that payment systems and banks impose on commercial transactions– will be Read More


Opinion | Let’s not regulate the ease of doing business

A recent observation of the Reserve Bank of India (RBI) has made top executives in corporate India sit up, take notice, and wonder whether our investment rules are too restrictive for our own good. In a set of frequently asked questions (FAQs) on overseas direct investment published recently, the central bank has said that Indian companies are barred from acquiring Read More


Moving beyond defence, business to be focus of India-Russia ties

Prime Minister Modi with Russian President Vladimir Putin Business is going to be the thrust area now in India-Russia relationship, which has so far been seen mostly from the prism of military and civil nuclear cooperation. Even the military and civil nuclear elements of cooperation have been one-way street, with India being the buyer and Russia the supplier. But this Read More


Xiaomi to Enter Consumer Finance and Lending Business in India Soon: Report

China’s Xiaomi is poised to launch a consumer lending business in India in the coming weeks, making an ambitious tilt at the booming financial services market where data privacy concerns and fierce competition present formidable challenges. The stakes are high for the world’s fourth largest mobile phone vendor, whose business model relies on low-margin hardware sales with services as a Read More


Ikea doubles down on smart home tech with new business unit

Ikea’s smart home investments to date have been smart but scattered – now the Swedish home goods brand says it’s going to amp up its smart home bets with a brand new dedicated business unit. The company’s smart home endeavors began in 2012, and focused on wireless charging and smart lighting. It’s iterated in both areas since, developing self-installed integrated Read More


Was VG Siddhartha’s coffee business really a failed venture?

VG Siddhartha, the owner and founder of the largest coffee chain in India, Cafe Coffee Day (CCD), has mysteriously gone missing since Monday evening. Siddhartha, who is also the Chairman and Managing director of the Coffee Day Enterprise Limited (CDEL) – the holding company of all his companies- is the son-in-law of former Union Minister of Foreign Affairs  and now Read More


Steel sector plays bigger role in boosting business sentiments – here’s how

In addition, Confederation of Indian Industry (CII) conducts a periodic manufacturing sector survey to evaluate the business trends. Sushim Banerjee We have been talking on business sentiments being a primary influencing factor in driving growth parameters of the economy. A country where this index is positive as indicated by higher expectations of order generation to generate revenue flows, the downward Read More


This Business Analytics & Big Data Certification Can Lead To a High-Paying Job in Data Analytics

The data-driven age requires a new generation of workforce that works at the intersection of technology and business domain. While most Business Analytics programs focus on programming skills and tools required to transform data into asset and are designed for students with a STEM background, there is a huge need for multidisciplinary program that blends business analytics techniques with specific Read More


Businesses need to reinvent with a human focus, says Deloitte Human Capital report

BENGALURU: Organisations must reinvent themselves with a human focus into social enterprises, says a report from consulting organisation Deloitte. According to the Global Human CapitalTrends survey, titled ‘Leading The Social Enterprise: Reinvent With A Human Focus’, the report provides actionable insights to businesses everywhere, and is based on responses from nearly 10,000 respondents in 119 countries including 225 HR professionals and business leaders who participated in Read More


4 Ways to Cover Your Ass Legally as a Business Owner

Recently, I related to Entrepreneur readers how awful 2018 was for my business: ups and downs, mostly downs: My business partner Dan Foley and I were taken on a veritable rollercoaster ride of big bets and big busts. One of the only good things that happened last year? We learned a lot from lawyers. The reason was that all of our blockchain clients and security token offerings (STOs) Read More