Business

ITC’s cigarettes business lit up Q1 results but cess hike a wet blanket

In the June quarter, 93% of the increase in ITC’s segment profit over a year ago was contributed by the cigarettes business. Photo: Reuters LATEST NEWS » Elon Musk likened to common car dealer as Model 3 can reach $59,500 India Today group CEO Ashish Bagga steps down Spotify is coming after Apple with a new podcast initiative Nitish Kumar ... Read More »

I just drove the Tesla Model 3, and it changes everything – the entire world will want this car

Tesla has been promising a great electric car for the masses since its founding, and on Friday that car finally arrived. Before a handoff of the first 30 Model 3’s to owners at Tesla’s factory in California, I got to spend about fifteen minutes behind the wheel of thelatestt car of the future (I had been given a short ride ... Read More »

Claris sells global generic injectables business to Baxter for $625 mnClaris sells global generic injectables business to Baxter for $625 mn

AHMEDABAD, JULY 28:   City-based pharma player, Claris Lifesciences Ltd, said the company has completed the sale of its Global Generic Injectables Business to Baxter International Inc (USA) for an enterprise value of $625 million. The company will discuss with its advisors and identify the most efficient method of transferring a significant majority of the net proceeds to its shareholder. The company expects ... Read More »

Jio Phone: where business meets socio-capitalism meets government

With Jio Phone, some say, is born India’s Steve Jobs. On July 21, Mukesh Ambani, facing a crowd of thousands of Reliance shareholders, broke with Indian corporate tradition to announce the launch of Jio Phone. So what if Jio Phone is cursed with two alphabets too many to ever become the iPhone? India’s most powerful businessman made sure the stage ... Read More »

Jio Phone: where business meets socio-capitalism meets government

Mukesh Ambani’s speech at Reliance’s “intelligent” phone launch told us a lot about the corporate cultures and private–public sector relationship in India The dependence of corporates on the government is characteristic not just of India, but of most developing economies. | R.V. Moorthy With Jio Phone, some say, is born India’s Steve Jobs. On July 21, Mukesh Ambani, facing a ... Read More »

How to Take Your Small Business to the Next Level

I’m going to be blunt. Growing a business is hard. Yes, I know. Captain Obvious couldn’t have said it better. But it’s true. Entrepreneurship is one of the most challenging endeavors a person can take on. While the potential rewards are great, the work is tough. However, there are several key factors that can make it easier for you to ... Read More »

Trend: How Your Business Can Profit from Sparkling Water

This summer, the cold beverage of choice may not be soda or iced tea like it has been in the past. Instead, more and more consumers are reaching for sparkling water. In fact, the Beverage Marketing Corporation has projected sparkling water sales to increase by more than 20 percent in 2017, according to a report from Yahoo Finance. Led by popular brands ... Read More »

Is ENERGY STAR® Worth It for Small Businesses?

Making smarter choices when it comes to your energy use can help you run your business more efficiently and can have a big impact on your small business. One way to do that is by looking for the blue ENERGY STAR label when selecting new pieces of equipment or building your business from the ground up. ENERGY STAR is designed ... Read More »

Rohan Gilkes of Wet Shave Club: Successful Subscription Businesses are Data-driven

I was “digging in the crates” recently and found some really great stuff that for one reason or another I haven’t worked into the series. And although this isn’t a “one on one” conversation, this session from ExCom 2016 — an event I co-organized with eCommerce thought leader John Lawson — is just as relevant today as it was last ... Read More »

Bankruptcy proceedings against Monnet Ispat, Alok Industries get NCLT nod

Bankruptcy proceedings against Monnet Ispat and Energy Ltd and Alok Industries Ltd were approved by different benches of the National Company Law Tribunal (NCLT) on Tuesday. They become the second and third among the big 12 firms identified for early bankruptcy proceedings by the Reserve Bank of India (RBI) where the process has gone into the second stage. Jyoti Structures ... Read More »