INDIAN BUSINESSES
New credit card rules: HDFC Bank, Axis Bank, other banks customers cannot make credit card bill payments using PhonePe, Paytm Credit card bill payment rules: As of July 1, customers with credit cards from major banks like HDFC Bank and Axis Bank will no longer be able to settle their credit card bills using third-party applications such as PhonePe, Amazon Pay, and Paytm.
04 Jul, 2024, 03.57 PM ISTBillionaire Goenka slams US restaurant charging Rs 1400 for a piece of dosa The 'All Day Breakfast' menu at the unnamed restaurant offers whimsically named dishes such as the "naked crepe" for dosa, "dunked doughnut delight" for vada, and "dunked rice cake delight" for idli. Although these playful names might amuse you, the...
03 Jul, 2024, 08.27 PM ISTModi's message from Parliament on business and economy Though PM Modi stressed his government's social agenda, he also confidently underlined the policy continuity. Speaking in the Rajya Sabha today, he said not only the markets are upbeat but the global community too is glad at the return of his govern...
03 Jul, 2024, 06.03 PM IST- ADVERTISEMENT
Too short to study? This university in Vietnam sparks debate with its height requirement for admissions The School of Management and Business (HSB) at Vietnam National University, Hanoi, has faced controversy over its stance linking height to success, prompting a debate following a report by DW News. HSB set minimum height requirements of 1.58 meters ...
03 Jul, 2024, 11.00 AM ISTTPG Capital acquires 60% stake in digital services firm Altimetrik With a focus on brand visibility and global expansion, Altimetrik, led by Raj Sundaresan and supported by Adam Caplan, aims to leverage the partnership with TPG Capital to strengthen its position in the digital business landscape and drive revenue g...
27 Jun, 2024, 11.47 PM ISTIndian job market likely to get busy and bustling The Indian job market is expected to witness a notable increase in workforce expansion. The projected growth for H1 FY25 (April-September) indicates a significant rise to 6.33%, compared to around 4.2% in H2 FY24 (October-March). This expansion in t...
27 Jun, 2024, 08.17 AM ISTHerd on PE Street: TPG outruns everyone in race for Altimetrik Last month, its Asia-focused fund TPG Asia VIII secured $5.3 billion in aggregate capital commitments. That made it the firm’s largest Asia fund in 30 years of investing in the region. Since inception, TPG Asia has ploughed more than $13 billion int...
19 Jun, 2024, 05.11 AM ISTBusiness families seek legal advice to amend tightly written deeds of family settlement amid global expansion plans Business families, particularly in India, are increasingly seeking legal counsel to amend rigid Deeds of Family Settlement (DFS) originally drafted decades ago. These deeds, designed to safeguard inheritances, now pose challenges as younger generati...
19 Jun, 2024, 05.00 AM IST'Marwari' school of business keeps 3 generations of Ruia family under one roof Essar, a family-run conglomerate, stands out amidst public feuds among Indian business families. The Ruia family, spanning three generations, jointly manages the empire across diverse sectors. Prashant Ruia, director of Essar Capital, credits their ...
17 Jun, 2024, 03.09 PM ISTBudget 2024 may give Indian startups' HQ relocation plans a fresh lease of life Indian startups domiciled abroad may relocate their headquarters to India via GIFT City, utilizing its SEZ for tax benefits. Amendments this year enabled unlisted firms to directly list on GIFT IFSC. IFSCA aims to finalize GIFT City listing norms by...
16 Jun, 2024, 04.37 PM ISTSanctions scare for Indian firm for business ties with Russia ET has learnt that no final decision has been taken yet by Japan to sanction the Indian firm and that the step is currently under consideration. The people did not name the Indian company.
16 Jun, 2024, 09.42 AM ISTAs Indians acquire healthier tastes, food companies pack it in Indians are increasingly shifting towards consumption of low-salt, low-sugar, and nutrition-fortified packaged food, reflecting a growing trend towards healthy eating habits. Sales of such products have risen in the last five years, with urban India...
16 Jun, 2024, 05.30 AM ISTSanctions scare for Indian firm for business ties with Russia ET has learnt that no final decision has been taken yet by Japan to sanction the Indian firm and that the step is currently under consideration. The people did not name the Indian company.
15 Jun, 2024, 11.10 PM ISTSmall Indian-American community making grand contributions in the US: Report The report "Indiaspora Impact Report: Small Community, Big Contributions," conducted by Boston Consulting Group, is the first volume in a series to look at the impact of the Indian diaspora, with a special focus on public service, business, culture ...
15 Jun, 2024, 05.39 PM ISTHow India's new brain power adds to its economic brawn India is transitioning from being the telemarketing voice of MNCs to their intellectual hub with the rise of GCCs. These fully owned and integrated hubs are driving growth, innovation, and value creation by leveraging India's talent pool. With a pro...
11 Jun, 2024, 05.50 PM ISTConversational commerce powered by Gen AI to spur next wave of growth for businesses: Bain & Company - Meta Report Sandhya Devanathan, Head and VP, Meta in India, said the company sees business messaging as a key growth driver of its business in India. “We see it in terms of consumer behavior on our platforms, in terms of people using messaging to communicate wi...
23 May, 2024, 08.21 AM ISTWriting is easy, not living: Challenges in implementing family business constitutions Numerous families face difficulties in actualizing the principles outlined in the document into practical, everyday reality. We discuss here the key challenges encountered in implementing a family business constitution.
22 May, 2024, 08.32 PM ISTStrategies for effective implementation of family business constitutions This article explores strategies for the effective implementation and bridging the divide between the aspirational ideals outlined in the constitution and the lived reality of day-to-day interactions, long-term strategies, decision-making processes,...
22 May, 2024, 08.29 PM ISTFamily Businesses should be run like trustees for the next generation: DCM Shriram Group Addressing the session on " Purpose-driven and responsible," Ajay S Shriram, Chairman and Senior Managing Director, DCM Shriram Limited, opened up about family businesses and emphasised that the enterprise needs to balance its approach like trustees...
18 May, 2024, 10.09 PM IST"If we work together, India can achieve all SDGs by 2030" says Ajay Piramal at CII Annual Business Summit 2024 Underscoring the rapid progress expected over the next two decades, he said, "Let's say in 2047, we'll have - we'll be the third-largest economy, maybe a USD 40 billion economy. Even now, in the next - I think by 2029, we'll be the third-largest eco...
18 May, 2024, 03.24 PM IST