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Business

The Latest Edition of Small Business Trends Magazine is Here – Download a FREE Copy Today

Loknath Das 22 Jul 2017 221 Views

The latest edition of Small Business Trends magazine is now available for download. Get your copy right now by clicking here. This month, we’re tackling the cloud. Sounds like an impossible task — tackling a cloud, that is. For a lot of small businesses, it sounds like a lot more difficult ... Read More »

Business

Audi offers diesel emissions upgrade for 850,000 cars

Loknath Das 21 Jul 2017 210 Views

German carmaker Audi is offering a free software upgrade for 850,000 diesel cars in order to improve emissions. Audi said the upgrade would “improve emissions behaviour in real driving conditions further beyond existing legal requirements”. The carmaker added it was convinced the programme would counteract possible bans on diesel cars. ... Read More »

Business

Are half-baked anti-profiteering rules a nightmare in the making?

Loknath Das 21 Jun 2017 213 Views

In the current format, the government’s anti-profiteering rules on the goods and services tax (GST) raise more questions than answers. While the intent is to curtail inflation post-GST implementation, the notification suffers from a lamentable lack of clarity on many aspects, increasing uncertainty for businesses. To begin with, the law ... Read More »

Business

Canada’s Magna to make BMW 5 Series plug-in hybrids next to Jaguar I-Pace

Loknath Das 20 Jun 2017 208 Views

Canadian auto supplier Magna International Inc will produce BMW’s new 5-series plug-in hybrid at its Austrian factory, the company said on Monday, part of a strategy to produce electric cars on a contract basis for global automakers. The BMW 530 plug-in hybrid will be manufactured beginning this summer at Magna’s ... Read More »

Business

Headlines About United Airlines, Internet Privacy That Could Impact Businesses

Loknath Das 08 Jun 2017 291 Views

A few nationwide headlines over the past couple of weeks could have small business implications — or at least lessons to be learned. The United Airlines PR disaster is one that might not impact small businesses directly. But it can still teach businesses a few valuable lessons about how to ... Read More »

Business

ITC Surges 10% In Two Days On GST Boost. Should You Buy?

Loknath Das 25 May 2017 253 Views

ITC shares gained over 6 per cent to a fresh 52-week high of Rs. 304.80 on the National Stock Exchange on Monday. Including today’s gains, ITC shares have surged nearly 10 per cent in two trading sessions. ITC shares have witnessed buying after the Goods and Services Tax or GST ... Read More »

Business

Brexit: Stripping London of £800bn clearing business could cost investors £80bn, says London Stock Exchange

Loknath Das 22 May 2017 231 Views

Two prominent City of London figures have warned EU leaders about the dangers of stripping London of the lucrative euro clearing trade after Brexit. A proposed move could cost investors €100bn (£83bn) over five years, Xavier Rolet, chief executive of the London Stock Exchange, said on Monday. Seperately, Michael Spencer, founder ... Read More »

Business

Carnage in Indian IT: Wipro, Infosys, Tech Mahindra, Cognizant slash jobs

Loknath Das 11 May 2017 207 Views

  Once India’s global claim to fame, the country’s information technology (IT) sector is seeing a spate of layoffs by IT majors like Tech Mahindra, Wipro, Infosys and Cognizant.   The churn in the IT sector — which is moving towards increasing automation, use of artificial intelligence and is beset ... Read More »

Business

Facebook Now Has an Almost Advertising-Only Business Model

Loknath Das 06 May 2017 284 Views

Facebook’s growth into a digital advertising power is showing a flip side: The social network is more dependent than ever on the cyclical ad market, even as its rival Google finds new revenue streams in hardware and software. Facebook reported on Wednesday that 98% of its quarterly revenue came from ... Read More »

Business

AMD’s revenue rises 18.3 percent, but margin forecast disappoints

Loknath Das 02 May 2017 238 Views

A man looks at motherboards displayed at the AMD booth during the Computex 2011 computer fair at the TWTC Nangang exhibition hall in Taipei May 31, 2011. REUTERS/Pichi Chuang/File Photo Advanced Micro Devices Inc (AMD.O) reported an 18.3 percent jump in quarterly revenue, largely in line with analysts’ estimates, but ... Read More »

Business

Dollar holds gains Canadian dollar, Mexican peso surge on NAFTA relief

Loknath Das 27 Apr 2017 236 Views

LONDON, APRIL 27:   The dollar only held its gains against the Japanese yen on Thursday after US President Donald Trump’s tax plan offered no surprises, slowing the greenback’s rally. The market also awaited the European Central Bank’s monetary policy decision. The Canadian dollar and Mexican peso, which had slumped earlier ... Read More »

Business

Future Retail to demerge home retail business

Loknath Das 21 Apr 2017 220 Views

The existing network of Future Retail includes small-format EasyDay stores and large-format Big Bazaar stores, along with apparel chain fbb, Foodhall, electronics store eZone and furniture and home decor chain HomeTown. Photo: Indranil Bhoumik/Mint Shares of Future Retail Ltd hit an all-time high on Thursday after India’s biggest departmental store ... Read More »

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