Category Archives: Business

Weekly wrap: Bajaj Auto rejigs top deck; JSW Energy mysteriously exits electric vehicle business

Perhaps the most surprising development in the automobile space came towards the end of the week. A renowned name in power generation who as late as November 2018 reaffirmed plans of an electric vehicle foray suddenly backed out. This weekly wrap talks in detail about this sudden exit in addition to all the important development during the week.… Read More »

L&T Construction secures multiple orders for its buildings and factories business

Engineering and construction conglomerate Larsen & Toubro (L&T) on Monday said that its construction arm has bagged multiple orders from prestigious clients across varied states in India. “The buildings and factories business has secured an order from Jharkhand State Building Construction Corporation Limited for the construction of two 500-bed hospitals at Jamshedpur and Dumka respectively,” L&T said in… Read More »

WhatsApp Business app now available on iOS

San Francisco: Facebook-owned WhatsApp Business, a free-to-download communication tool specifically designed for small businesses, is now available for iOS users. Announced back in September 2017 and launched for Android in January 2018, the beta version of the app for iOS was introduced in February. The company has not officially announced the rolling out of its Business app on the iOS platform but… Read More »

‘Customer-centricity is real measure of business’

At a CII event 150 HR professionals discussed analytics in industry When organisations create processes for their business operations, they tend to measure it on the efficiency they achieve internally, and miss out on customer needs, felt R Varadarajan, Chairman, CII, Coimbatore. Delivering the special address, at the 12th edition of HR Conclave under the theme “ERA 4.0:… Read More »

Ties with China: Striking a balance between business and politics

Even as New Delhi has said it won’t act in haste following Beijing’s decision to block India’s bid to seek global terrorist tag for Pakistan-based JeM chief Masood Azhar, there have been calls for boycott of Chinese goods by various groups in India. Social media too was abuzz with similar appeals last week. On Tuesday, small traders in various cities burned Made-in-China… Read More »

SREI Group signs term sheet to acquire AMC business of Essel Group

Kolkata-based SREI Group is said to have initiated the process to acquire the asset management business of Essel Group — Essel Asset Management,  sources told Moneycontrol. “A term sheet has been signed between both the parties so far which is a part of due diligence process,” the source said. A term sheet is a bulleted list, prepared by any… Read More »

How To Start The Right Online Business To Match Your Personality

Entrepreneurial success that fits your stylePHOTO: ISTOCK How many times have we heard that approximately half of all small businesses fail by the fifth year mark? There have been hundreds of articles written and entrepreneurial training programs developed to address this phenomenon, but one factor that isn’t discussed as frequently as it should be revolves around two core questions: 1) … Read More »

Uber, Travis Kalanick in business again. This time, as rivals

Uber Technologies Inc. is already delivering billions of dollars’ worth of food for local restaurants. Soon it could be taking over their kitchens, too. The ride-hailing giant is testing a program where it rents out fully equipped, commercial-grade kitchens to serve businesses selling food on delivery apps like Uber Eats. Last year, Uber’s food delivery team began quietly leasing… Read More »

Vedanta appoints Ajay Kapur as CEO of aluminium, power business

Mining giant Vedanta on Tuesday said it has appointed Ajay Kapur as the chief executive officer of its aluminium and power business. Kapur joins Vedanta from Ambuja Cements, where he was the managing director and CEO for its India business. “Ajay will provide leadership for unlocking the full potential of our aluminium and power business which is a USD 10… Read More »

Business Top 5: Future Retail surges 4%, midcaps regain lost ground

Future Retail’s subsidiary, SHME Food Brands, will open new stores and convert existing locations to the 7-Eleven brand, starting this year File Photo Future Retail’s shares surged as much as 4.3% as the company signed a master franchise agreement with US-based 7-Eleven to set up and manage the latter’s stores in India. Future Retail’s subsidiary, SHME Food Brands,… Read More »