Reliance's partnership with Saudi Aramco not a retreat from energy business: Report
"Reliance has pivoted away from energy to the new economy. But energy still accounts for 64 per cent of EBITDA. While RIL has divested stakes to BP and Aramco, we expect RIL to grow their petrochemical and refining business given the secular growth opportunities," market analyst firm Bernstein said in a report.
Why this is the best time to be a writer in show business
In an industry where a grand total of seven actors are being chased by 70-odd filmm...
How e-invoicing under GST will help businesses in the long run
Adopting e- invoicing will save the government a staggering 450 million dollar...
Walmart’s cash & carry business may go to Flipkart
The move comes shortly after talks with the Tata Group made no headway.
Maintaining database: National Business Register on anvil
It will have a district-wise list of all enterprises and establishments dealing in goods or services.
CAIT seeks probe into business models of 16 online platforms, e-commerce firms
In a letter to Commerce minister Piyush Goyal dated January 24, the Confederation of All India Traders (CAIT) alleged that the common phenomenon in these companies of incurring huge yearly losses and earning revenues is not a healthy business practice.
ByteDance is seeking a new CEO for its TikTok business
It’s possible ByteDance is searching for a candidate who could help address questions in Washington or for someone with the skills to lead an independent business if it faces pressure to separate TikTok from the Chinese parent.
HDFC Life Q3 net flat at Rs 250 crore, new business margins rise
It saw margins on the value of new business (VNB) expand to 26.6 per cent.
Punjab Delegation holds strategic talks with business leaders at Davos
The delegation also comprises of Advisor Invest Punjab, Mr. B.S. Kohli and CEO Invest Punjab, Mr. Rajat Agarwal.
Glenmark sells gynac business for Rs 115 crore
The sale of the gynac business comes two years after it sold its orthopedic business to the same company. Integrace will pay Rs 115 crore for four products of the portfolio that includes products like Dubagest, Mumfer and Fenza. These three products currently have sales of Rs 60 crore and are growing by 15%.
Businesses face digital ceiling in transformation progress: Infosys study
Digital marketing is a particularly strong capability for Indian companies, according to the new global study by Infosys Knowledge Institute. The Infosys Digital Radar 2020, which measured companies' progress against 22 digital initiatives, this year found that India ranks the highest in the Digital Maturity Index at 71.4, whereas the overall digital maturity, stands at 62.3.
Women Inc's Budget wishlist: Tax relief for new businesses, facilitating startup economy
The shepreneurs hope to see reforms in education, startup and fintech industry.
Adani Capital acquires Essel Finance’s MSME loan business
The business has a secured loan book of approximately Rs 145 crore comprising 1100 customers, a staff strength of 40 professionals and operates out of 10 cities in India.
Of bats and balls: How Khelo India is reviving sports goods business
Manufacturing of sports goods has seen a 25% increase this year in Jalandhar — the sports city of India compared with 10% growth last year. Manufacturers and importers have attributed this growth to improved health consciousness among Indians, higher number of gymnasiums and an increase in sporting activities in schools.
Time to celebrate businesses that have enhanced stakeholder value
Let the numbers do the talking: Family-run businesses have generated 14% annual average share price return since 2006, compared with 6% for non-family firms in India, as per Credit Suisse’s Family 1000 in 2018 report.
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