Category Archives: Business

How Can Predictive Analytics Improve Financial Services?

If your business has a CFO, you should consider implementing strategies that are aimed towards improving data collection and ensuring more accurate planning. The great news is that the growing relationship between data science and financial technology has ensured that your financial services remain adequate. One of the ways that leading fintech companies such as Cane Bay Partners are using data science Read More


What Are The Functions Of Production Department?

The production department is liable for changing over crude materials and different contributions to completed merchandise or administrations. In the middle of the cycles of production, the department attempts to improve the proficiency of the production or sequential construction system with the goal that it can meet the yield targets set by the organization the board and guarantee completed items Read More


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Anil Ambani puts up Delhi power distribution businesses for sale

At least eight investors, including Caisse de dépôt et placement du Québec (CDPQ), Actis LLP and Brookfield Asset Management, have showed initial interest in buying Reliance Infrastructure Ltd’s Delhi electricity distribution businesses, said three people aware of the development. The other potential investors are Greenko Energy Holdings, Enel Group, I Squared Capital, Torrent Power and Wade Capital Group LLC, the Read More


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Perfect storm of bad weather and business rates fuels retail crisis

 People shopping on Oxford Street in London during wet weather – but many more stayed at home. Photograph: Peter Summers/PA The crisis on Britain’s high streets showed no sign of easing during the storm-buffeted month of February, while new figures show the number of retail workers losing their jobs this year is approaching 20,000. Severe rain last month caused a Read More


Coronavirus: Auckland businesses, restaurants reeling

Auckland central city businesses are reeling from the impact of the coronavirus outbreak; some reporting business dropping by 90 per cent. Restaurants and hospitality businesses are losing about $6 million per week, and the figure is expected to rise, according to the Restaurant Association. Freddy Iskandar, of Waroeing Bali in Atrium Food Court, says his business sales are well down, Read More


Starbucks says China business is recovering, but second-quarter will take hit to sales from coronavirus closures

Starbucks warned investors on Thursday that store closures in China due to the coronavirus outbreak are likely to result in a 50% decline in its same-store sales in China during its fiscal second quarter. However, it said that it was seeing signs of a pickup in its business in China, and it hasn’t yet detected any slowdown in the U.S. Shares of Read More


Startups now chasing chief business officers to scale up

BENGALURU: There is a new leadership profile in demand: chief business officers. If headhunters and venture capitalists are to be believed, startups are now hiring more CBOs than chief operating officers and chief marketing officers, and they predict 40-50% increase in hiring for this relatively new role across startups. So, what does a CBO do? In the case of a new-age company that Read More


Tata Motors to exit its car retail business Concorde Motors

MUMBAI: Tata Motors Ltd (TML) is gradually exiting its passenger car retail business–Concorde Motors India Ltd–as part of its strategy to pare costs by moving out of non-core assets and businesses to navigate through the economic downturn in the country. Concorde Motors, which has been a 100% subsidiary of Tata Motors since 3 July, 1999, reported a loss of ₹105.69 crore Read More


Looking to make a foray into pre-owned car business in India: Porsche

The luxury sports car company looks forward to enhance customer base in the country Luxury sports car maker Porsche is planning to enter pre-owned car business in India in the medium term as it looks to enhance customer base in the country, according to a senior company official. The company, which sells a range of luxury sports cars and sports Read More


Hilton CEO Says Business Could Be Impacted for Up to a Year From Coronavirus

Hilton has closed about 150 hotels in China in response to the growing coronavirus crisis, taking 33,000 rooms out of commission, Hilton CEO Chris Nassetta said on Tuesday. The hotel industry could end up having to deal with the impact of coronavirus for the next 12 months, Nassetta told investors during a call detailing the McLean, Virginia-based company’s 2019 earnings. Read More