Business

Hardselling his administration’s pro-business approach, Prime Minister Narendra Modi on Friday said the government is working to decriminalise provision of Companies Act to make it easier to do business in the country. Speaking at an Assocham event, he said the recent cut in corporate tax has brought rates to all-time low for businesses. He, however, said labour [...]

New Delhi: Prime Minister Narendra Modi on Friday said his government has corrected past weaknesses of the economy, and urged industrialists to “invest boldly”, promising protection against wrong actions in genuine commercial failures. “I want to assure the banking and corporate world that we have been able to overcome weaknesses in the system to a large [...]

BENGALURU: Technology companies offering niche services to banks face a challenge as public sector lenders consolidate, with issues around shrinking revenue, reduced clients and heightened competition, industry experts have said. The country will be left with only 12 large public sector banks from 27 before, the government had announced earlier this year. For existing IT service providers, [...]

It’s not like this wasn’t among the reasons everywhere suspected when Apple suddenly announced it was buying Intel’s modem business, but now the chipmaker has filed a brief in support of the FTC in an ongoing appeal by Qualcomm of a decision made in May. That decision found in favor of the FTC’s allegations that Qualcomm’s licensing [...]

Uber Technologies Inc.’s biggest market in Europe is at risk after regulators revoked the ride-hailing service’s license to operate in London for the second time in less than three years, expressing safety concerns. The London transportation regulator said Uber failed to adequately verify drivers’ identities and safeguard the service for passengers. At least 14,000 trips involved [...]

NEW DELHI: UK companies are upbeat about doing business in India, with 56 per cent of them saying it is getting easier to do business in India and their perception about corruption being a barrier to operating in India seeing a sharp drop, according to a report. The UK India Business Council’s fifth annual Doing Business in India report [...]

SME-focussed neo-banking platform Open on Monday said that it has partnered with Visa, to launch ‘Founders Card’ – a business credit card that will help startups and SMEs manage their expenses and vendor payouts easily. The announcement was made at the Singapore Fintech Festival. The card will be integrated with tools like expense management and subscription management, that will help [...]

More than 1,300 businesses nominated themselves for Amazon’s Small Business of the Year awards, and these finalists are eligible for a prize package worth an estimated $80,000. The perks include dedicated account management, advertising and promotion assistance, and a visit to the Seattle HQ. Voting is live until midnight (PST) on November 8, so read [...]

New Delhi: IT major HCL Technologies (HCL) and Google Cloud on Thursday announced the launch of HCL’s Google Cloud Business Unit to accelerate enterprise cloud adoption worldwide. This dedicated business group within HCL will be supported by engineering, solutions, and business teams from Google Cloud and will help organizations advance their digital transformation agendas powered by [...]

When it comes to Reliance’s petchem business, the strength in GRMs clearly seems to be at par and seems likely to support RelianceNSE 1.42 % in the second quarter performance as well? Yes. Look at the second quarter and the Singapore GRMs. Singapore GRM has by and large operated in the vicinity of $6.5 per barrel. Reliance [...]

In order to create a Facebook Business Page, you simply need to log into your personal Facebook account. Facebook gives a free opportunity to people to enhance their brand awareness through the medium of social media. In a way, a Facebook Business page helps to generate sales as it allows to connect with people. In [...]

Edelweiss Financial Services looks to strengthen business in retail credit segment through co-lending pacts with State Bank of India, Bank of Baroda, Central Bank of India and Punjab National Bank. Edelweiss said the LP-GP (Limited Partners-General Partners) model, where NBFCs partner with capital providers like banks, global and domestic institutional investors will help the sector [...]