Sum of parts: WeWork, started by Miguel McKelvey (in photo) and Adam Neumann, was valued at $20 bn, catering to entrepreneurs, freelancers, artists and small businesses . New York-based start-up sets its eyes on the Indian market, starting with its Bengaluru facility Flanked by retail stores, food outlets and restaurants in the heart of Bengaluru is the ‘WeWork Galaxy’ building Read More

Banks’ share in new credit fell in FY17, as corporate bond issuances rose 56% and NBFCs lent more With the banks busy chipping away at their mountain of bad loans and operating on precarious levels of capital, who will fund the credit needs of Indian businesses? Reserve Bank of India’s recently released annual report for 2016-17 shows that many new Read More

HIGHLIGHTS Amazon and Flipkart are offering iPhone 7 at Rs. 38,999 MacBook Air can be purchased for Rs. 44,990 Google Pixel is available for Rs. 36,549 after cashback With the Amazon and Flipkart sales in full swing, there are a number of offers you can check out to make big savings this festive season. Both the e-commerce brands are offering great deals on iPhone Read More

After making Aadhaar mandatory for Permanent Account Number (PAN) and social schemes, the government will soon make it a mandatory document for businesses and non-governmental organisations (NGO). The Ministry of Corporate Affairs (MCA) has proposed amendments to the Income Tax Act and Prevention of Money Laundering Act for the same, a report in the Times of India said. As per the report, Aadhaar of Read More

Frequent changes in rates and procedures can affect investments, warn experts Just over two months since the nationwide rollout of the Goods and Services Tax (GST), tax rates on almost a 100 items have undergone changes. Besides, a raft of clarifications and notifications have been issued. All this has prompted companies and tax consultants to complain about the dampening impact Read More

In an attempt to being a pioneer in the F&B market, FIL Industries Limited has recently introduced Acute Fruit Energizer, the first fruit energizer in India. Developed in collaboration with Monarch Beverages (France), Acute Fruit Energizer is a part of the new generation of healthier alternative beverages, which with help of unique energizing formula, offers a sustained energy boost. File Read More

Trying to decide what kind of HR software your small business needs? Maybe you’re trying to decide if a business as small as yours really needs HR software at all. Those may have been valid questions back when only a few options existed and all were insanely expensive. Today, however, that’s no longer the case. HR software is evolving and Read More

Businesses along the Gulf Coast are still in the midst of recovery efforts after Harvey. But another storm is already poised to have a similar impact on residents and businesses in Florida. For the businesses that have been impacted by Harvey or are potentially facing effects from Irma, the first priority as the storm passes becomes survival. But bringing your Read More

Monsanto, whose Bt Cotton seeds have dominated cotton cultivation for years, said it remained committed to the Indian market.   NEW DELHI: MonsantoBSE -1.03 % is selling its branded cotton seeds business in India to Hyderabad-based Tierra Agrotech, although the US biotechnology major would remain invested in farming segments such as corn seeds, crop protection, vegetables and Bollgard II technologies. Industry sources said the exit Read More

XIAMEN (CHINA), SEP 5:   Chinese President Xi Jinping has called on the BRICS Business Council and the New Development Bank (NDB) to ensure greater cooperation among BRICS countries. In his remarks during talks between the BRICS Business Council and BRICS leaders attending the ninth BRICS summit, Xi praised the achievements of the council and the NDB. “The Business Council comprising Read More