Is your business ready for the worst? Could you start again if you lost it all? Those are difficult questions that many entrepreneurs would rather not face. Sally Binard knows this first-hand. She’s a Florida-based ceramicist and painter. A former marine biologist, Binard started selling handmade ceramics on Etsy in 2014. Her business Zebra Wing Studio took off and by 2015 formed 30 percent of Read More

The first Union Budget of the 2020s underlines GoI’s intent towards building a strong foundation for achieving the goal of making India a $5 trillion economy. More importantly, finance minister Nirmala Sitharaman has made emerging global technology trends, along with inclusive growth, as the backdrop for the budget. It was heartening to hear quantum computing, machine learning (ML) and artificial intelligence (AI) find a Read More

Adani Capital Pvt. Ltd, the non-banking financial company (NBFC) arm of Adani Group focused on small and micro-entrepreneurs, has acquired Essel Finance’s micro, small and medium enterprises (MSME) loan business. Through the acquisition, Adani Capital has secured a loan book of around ₹145 crore, operating out of 10 cities, comprising approximately 1,100 customers and 40 employees. This is the second asset Read More

In 2019, global trade tensions, political upheaval on the streets of Hong Kong, indecision over Brexit and a litany of corporate scandals dominated the business news agenda. Executives lost their jobs, bankers were sent home, and big corporate names from Nissan and Boeing to Topshop and Whirlpool wrestled with threats to their reputations. Here, month-by-month, is a countdown of the Read More

India is home to 953 billionaires and family business tycoons who have shaped the Indian economy and, in many ways, the society that is a picture of inequality. Yet, from the Tatas to the Birlas and the Ambanis, top corporate leaders have always garnered interest from people who want to know more about them, their families, their wealth, aside from Read More

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

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

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

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’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