Business

We are always open to mergers and acquisitions: Nishant Pitti, CEO, EaseMyTrip

Having clocked profit to the tune of Rs 30 crore last year, online travel platform EaseMyTrip does not need any fresh funding, according to its CEO and founder Nishant Pitti. “We are not in a desperate need of any funding. If we want to expand, we have enough of funds and we can expand of our own. But we are always open to ... Read More »

Dow ends volatile November with more than 150-point rally on hopes of a US- China trade deal at G-20

Stocks closed a volatile month with strong gains on Friday on renewed bets the U.S. and China could strike a deal on trade. The Dow Jones Industrial Average rose 199.62 points to close at 25,538.46. The S&P 500 and Nasdaq Composite both gained 0.8 percent to close at 2,760.17 and 7,330.54, respectively. Stocks wobbled for most of the session until ... Read More »

Tata Communication shelves plan to buy Tata Teleservices’ enterprise business

The government is a 26% stakeholder in TCL, earlier known as Videsh Sanchar Nigam Ltd. The Tata Group is believed to have dropped plans for group company Tata CommunicationsNSE -0.11 %, one of the largest telecommunications solutions providers in the world, to buy out sister concern Tata Teleservices’ enterprise business for now, people familiar with the matter have said. Top ... Read More »

J Crew website experiences glitches on Black Friday

Getty Images A J. Crew store in New York City. J. Crew said it was having technical difficulties with its website on Black Friday as customers took to social media to complain that they couldn’t sign in or complete orders. Shoppers said on Twitter that they were running into errors, couldn’t load items into their shopping carts and had other ... Read More »

I don’t want to make my business mass: Gauri Khan

From designing a nursery for film director and producer Karan Johar’s twins to designing the flagship store for Ralph Lauren in the national capital, Gauri Khan, founder and chief executive of Gauri Khan Designs, has established herself as a designer who can work across a wide range of projects with equal élan. That is why the 47-year-old, a National Institute ... Read More »

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 »

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 »

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 »

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 »

Why stock market investors should be closely watching bond yields

Timing bear markets is never easy, but it’s even more so with fixed income. When they do occur, they are often fairly quick in nature. Both instances of sovereign bonds cheapening in 2018 have been characterized by such behavior. In February, stock markets were roiled by the 40 basis point rise in 10-year U.S. yields . Yields have an inverse ... Read More »