Category Archives: Business

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Uber filing lists revenue gains, struggles of food business

LOS ANGELES (Reuters) – Uber Technologies Inc’s restaurant delivery business has grown revenue to $1.5 billion in just three years, the company disclosed in its IPO filing on Thursday, dwarfing the revenue of its profitable, and already public, rival Grubhub Inc.   A woman tries UberEats’ application on a tablet at the launching event of food-delivery service UberEats in Tokyo, Read More

This Software Simplifies Building and Sticking to a Business Plan

To create a killer business, you need a killer business plan. A compelling business plan not only piques the interest of investors, but it’s also a must-have tool for understanding the nuts and bolts of how your company will get from point A to point B. Your plan will give you a bird’s eye view of how your business may perform Read More

Grand Hyatt Bolgatty bets big on MICE & leisure business to spur growth

Grand Hyatt Kochi Bolgatty (GHB) is betting big on MICE and leisure business, thanks to the resurgence of the State’s tourism sector from floods and Nipah virus outbreak last year. “Kerala’s negative perception post floods have started fading, witnessing an encouraging trend in tourist arrivals. This has reflected in our room occupancy growth during Jan-Feb-March period, touching 65 per cent Read More

Indian antitrust watchdog raids Glencore business, others over pulse prices: Sources

NEW DELHI: India’s antitrust watchdog raided units of global commodities trader Glencoreand two other firms in Mumbai on Saturday in an inquiry into alleged collusion on the price of pulses, four sources with knowledge of the raids told Reuters. More than 25 antitrust officials carried out the raids at the offices of local units of Glencore and Africa’s Export Trading Group, Read More

How To Create A Data Strategy: 7 Things Every Business Must Include

Data matters to every business. So it follows that every business needs a data strategy. As a strategic business and technology advisor, not only have I written the book on data strategy (literally), I’ve helped many of the world’s most successful organizations create one. In this article, I share my pearls of wisdom on how to create a winning data strategy – Read More

DBS Bank aims to triple India business via wholly-owned subsidiary

Singapore-based DBS Bank, that recently converted its Indian branches into a wholly-owned subsidiary — DBS Bank India, on March 4 said it aims to triple the size of its business in the country by increasing exposure to consumer loans. “We will be focusing on SME and retail over the next five years. Our aim is to get the share of Read More

Tripura likely to see a business boom but challenges remain

In the coming years, businessmen will witness the emergence of Agartala as the hub for transportation to the Northeast, and of Chittagong as the biggest trans-shipment hub in the Bay of Bengal.  It remains to be seen if Agartala will be able to capitalise on this geo-political advantage. In some  ways, Tripura has been luckier than most other North Eastern states.  Its Read More

Piaggio Aims to Scale up Two-Wheeler Business in India

Italian two-wheeler maker Piaggio is looking to expand its sales network in India to over 350 dealerships by the end of this year as part of scaling up its business in the country, a top company official said. The company, which currently has around 250 sales outlets, will, however, stick to its premium lineage even as it seeks to grow Read More

AT&T to cut jobs in weaker business units

AT&T Inc is cutting some jobs in declining areas of its business, while hiring more people in faster-growing segments, an AT&T spokesman said on Monday. The layoffs will affect a “small” portion of the workforce and are consistent with staffing changes AT&T has done in the past, spokesman Jim Greer told Reuters by telephone. He declined to specify how many Read More

When Wall Street looks to Washington, it gets scared

Leah Willis | Reuters President Donald Trump It was Wall Street that scared the markets as storied institutions failed during the financial crisis, and now as stocks fall into bear market territory, it’s Washington that’s getting the blame. Making matters worse is that when financial markets are in trouble, market pros turn to Washington’s lawmakers and regulators for help, and Read More