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On 2021’s 100 Fastest-Growing Companies list, finance outpaces tech with one-third of the winners
On Wall Street, growth has long been reserved for some of the edgiest, most quickly expanding, and often tech-based companies. Think of any startups founded in the past 20 years that have come to dominate corporate America and daily life through cloud computing, e-commerce, or social media. Yet Wall Street itself upended convention during the COVID-19 pandemic, as the financial Read More
New list of richest people in China shows rise of the ‘green’ billionaire
China’s push to decarbonize its economy by 2060—a target President Xi Jinping announced at the United Nations in September 2020—has driven a surge in wealth for the country’s green entrepreneurs, according to the Hurun Rich List, which tracks the wealth of China’s entrepreneurs.. “A boom in new energy entrepreneurs, sparked by carbon reduction targets, as well as a spate of new listings of Read More
One year of Modi 2.0: Real estate sector sees long-term initiatives, but quick fixes to boost housing demand missing
When the Modi government took over for the second time last year, the performance of the real estate segment was muted owing to the prevailing liquidity crunch, high inventory overhang, weak affordability and subdued demand conditions. However, interest rate cuts and focus on affordable housing, not to mention the creation of the Rs 25,000 crore stress asset fund for stalled Read More
Real estate in dire need of one-time loan restructuring; Here’s why
Both deposit and lending activities of NBFCs have taken a hit and that has also adversely impacted the credit flow to all the sectors, including real estate. It is largely acknowledged and accepted that the current pandemic and resultant lockdown is the biggest economic crisis in nearly last 100 years, much bigger than the 2008 financial crisis. While India may Read More
Residential real estate poised for strong bounce back: Mohit Malhotra of Godrej Properties
New Delhi: The residential real estate sector is poised for a strong comeback as affordability is at the best, says Mohit Malhotra, Managing Director & Chief Executive Officer, Godrej Properties. Speaking to ET Now, he said, “once the economy comes back we will see a very sharp recovery in the residential real estate sector. because affordability is at all-time high. Repo Read More
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
How To Rebuild Your Business In The Face Of Disaster
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
What were the top business stories of 2019?
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
EXCLUSIVE: India’s top trending business tycoons of 2019, according to Google
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
The real state of real estate in India
Real estate has different facets: residential, office, retail, land etc. with each facet being impacted by megatrends emerging in the economy. Amidst the talk of people losing jobs, auto sales going down, factories getting shut and a looming slowdown, there is much to despair. However, the fact remains India is still growing at a rate of 5%, which is though Read More