Author Archives: Loknath Das

5 Fast-Growing Businesses Reveal Their Shared Secret To Success

What’s the one thing that unites a company that grows crickets for food, one that solves an embarrassing health problem, and one that sells beverages that are helping to save the planet one bottle at a time? They’ve all been helped by a small business mentor. While their stories are inspiring and instructive, the best part is you can steal ... Read More »

In a deepening crisis, Sri Lanka president dissolves Parliament, calls for election

Sri Lanka’s President Maithripala Sirisena dissolved Parliament and called for fresh elections amid a deepening political crisis. An official notification signed by Sirisena announced the dissolution of Parliament effective midnight Friday. It said the names of candidates will be called before Nov. 26, and the election held on Jan. 5. The new Parliament is to be convened on Jan. 17. ... Read More »

Stocks Struggle as Trade Hopes Fade; Pound Rises: Markets Wrap

Stocks in Europe struggled on Monday after Asian shares declined as optimism over a potential U.S.-China trade deal receded. Treasuries climbed, while the pound strengthened ahead of a U.K. cabinet meeting. Automakers and financial services companies were among the biggest decliners in the Stoxx Europe 600 Index, with futures on the Dow, Nasdaq and S&P 500 falling alongside those in ... Read More »

Stamp Market Pricing & Technology

We have come to accept that stamp prices have been weak for some time with a general understanding that the Internet is primarily to blame.  While there are other factors affecting prices, advances in technology will continue to be the driving force in philately, which it is for so many other industries.  As with other affected industries, philately must embrace ... Read More »

Veritas Finance gets ₹200 crore funding from Norwest, others

Private equity (PE) firm Norwest Venture Partners has led the latest round of investment of ₹200 crore into non-banking financial company (NBFC) Veritas Finance Pvt. Ltd. Existing investors of Veritas—CDC Group Plc, UK’s Development Finance Institution and P. Surendra Pai, an anchor investor—also participated in the Series D investment, Veritas said in a statement on Thursday. Veritas lends to micro, ... Read More »

Striking workers a consequence of failed business models

Two different strikes, separated by economic doctrines but bound together by common grievances, point to the vulnerabilities of the new class of workers in India. The first of these, by the drivers of Ola and Uber cabs demanding the fixing of a base fare for trips along with an increase in the per kilometre fare, started simultaneously in Delhi and ... Read More »

Asian stocks fragile as trade tensions escalate

Asian shares came under pressure on Tuesday after Wall Street peers finished weaker, hurt by fresh worries about the US-China trade war and were on track for their biggest October decline since the 2008 financial crisis. MSCI’s broadest index of Asia-Pacific shares outside Japan slid 0.1 percent, tracking falls in US stocks. The index has fallen more than 12 percent ... Read More »

Now, learn on WhatsApp how to run a small business in India

As part of the partnership, WhatsApp and CII will work on enhancing business communication via CII’s SME Technology Facilitation Centre for SMEs, and also develop informative content, both in digital and physical formats, to distribute among entrepreneurs. WhatsApp and CII will conduct on-ground training across India for SMEs to explain the features and best practices on its messaging platform. (Reuters) ... Read More »

Saudi Arabia says kingdom to prosecute Khashoggi killers, lauds US ties

Saudi Arabia’s Foreign Minister Adel al-Jubeir said on Saturday that those behind the killing of journalist Jamal Khashoggi would be prosecuted in the kingdom and that the investigation would take time. Jubeir told a security summit in Bahrain that Riyadh’s relations with the United States were “ironclad” amid what he described as “media hysteria” over the killing of Khashoggi at ... Read More »

Moneycontrol Ultimate Business Quiz #50: Test your knowledge

Q1. Known as a paragon of purism, its history dates back to 1870 and its founder Salvatore Condurro sold pizza fritta (deep-fried pizza) on the street outside his home in Naples. Their handcrafted pizzas have distorted shapes and an uneven distribution of toppings. The pizzeria creates amazing cartwheel pizzas (with a diameter larger than that of the plate beneath it). ... Read More »