Tag Archives: business

Oyo Rooms may invest in FreshMenu to enter food delivery business

Budget hospitality startup Oyo Rooms is in advanced talks with FreshMenu to buy a significant stake in the cloud-kitchen startup, sources told Mint. This deal would mark the entry of India’s third most valued startup in the online food delivery business. These discussions come months after Oyo raised nearly $1 billion, which pushed up its valuation to $5 billion. “Oyo… Read More »

Gautam Singhania spills beans on his tiff with father, chose business over family

Last month, Gautam Singhania resigned as chairman from all group companies to help build an organisation, which can function effectively without the participation of the promoter File photo  |  Photo Credit: BCCL New Delhi: Gautam Singhania, promoter and chairman of Raymond Ltd, shed some light on the intricacies of running the family business and the obstacles he overcame in… Read More »

WhatsApp Business for iPhone Launched in Beta for Small Businesses: Report

The beta version of “WhatsApp Business” — a free-to-download communication tool specifically designed for small businesses — has been made available for iPhone users. “After the launch of the official WhatsApp Business for Android, which is a compatible version for iOSand a lot of users had asked, today it is finally available in beta,” WABetaInfo, a fan site that tests… Read More »

UK retail sales rebound as shoppers flock to January sales – business live

Time for a quick summary of the corporate news doing the rounds today: RBS said Brexit uncertainty has “gone on far too long”, as the bailed out bank reported a doubling of profits in 2018 and fresh dividend payouts that will hand the government £1bn Premier Foods has abandoned plans to sell-off Ambrosia, its custard and rice pudding brand, blaming the current business… Read More »

Starting your business? Here’s how you can use Facebook to grow

With a number of small businesses proliferating across the country, social media has emerged as a potent tool for startups to leverage its credibility to grow and expand. If done right your business can benefit a great deal from channels like Facebook, Instagram and Twitter etc. Slick and budget friendly, social media is the best way to reach… Read More »

IndoStar to buy CV finance business of IIFL Finance

Mumbai: IndoStarNSE 3.49 % Capital Finance Limited today signed a binding agreement to acquire the CV finance business of India InfolineNSE -8.88 % Finance Limited (IIFL Finance), a subsidiary of IIFL Holdings Limited. The acquisition includes the entire CV finance AUM of Rs. 3,949 crore as on December 31, 2018, comprising of Rs 2,450 crore of loan portfolio and Rs. 1,499 crore of securitisation… Read More »

Every business must be a computer system innovator

There used to be a differentiation between “high technology” product companies that relied on proprietary innovative computer technology for their business success and “non-tech” businesses that viewed computer systems as the engines enabling good accounting systems. This has dramatically changed because of major advances in computer systems and software technology. Of course, we have computer technology companies selling… Read More »

Computer crime an expensive business

Digital consultancy firm Accenture Research surveyed more than 1700 chief executives worldwide, finding most said a trustworthy digital economy was critical to the growth of their businesses. Accenture New Zealand managing director Justin Gray said cybercrime was rising and attacks were becoming more sophisticated. He said businesses across all industries needed to take note of the research. It… Read More »

Nayara Energy to invest $850 mn to expand into petrochemical business

Russian oil giant Rosneft-led Nayara Energy on Friday unveiled a USD 850 million expansion plan for its Vadinar refinery in Gujarat, marking its foray into the petrochemical business. Nayara Energy, erstwhile known as Essar Oil, operates a 20 million tonnes a year oil refinery at Vadinar. In the first phase, the company plans to set up a 450,000… Read More »

Bihar bans fish business in Patna after formalin scare, vendors protest

The Bihar health department has banned sale, transport and storage of fish in the Patna municipal area for the next 15 days after a test revealed presence of harmful chemicals in samples (Representative Photo)(HT Photo) Bihar’s health department Monday banned, with immediate effect, the business, sale, transportation and storage of all kinds of fish, dead or alive, within… Read More »