Tata Consultancy Services(TCS) has partnered with Israel’s Finance Ministry to make technology affordable for small banks in the country, according to a report in The Economic Times. “In India, we created a core banking platform and have taken it to other markets. Having developed the first one, the Ministry of Finance wanted us to […]
New Delhi: Maruti Suzuki India Ltd is staring at a potential drop in both sales and market share as it weighs a plan to stop selling diesel cars from April next year. India’s largest carmaker garners nearly 30%, or about 450,000 units, of its annual sales from diesel cars. Maruti Suzuki expects […]
Entrepreneurs can make a meaningful difference by starting a purposeful business. Use these principles to discover and validate socially-conscious ideas that can have an impact on your community. JOHN SCHNOBRICH ON UNSPLASH For many entrepreneurs, the key motivation to start a business is seeking to solve an everyday problem or inconvenience—quite often one […]
Small banks that rely on technology providers Fiserv, FIS and Jack Henry & Associates are starting to revolt, arguing the companies are making it more difficult for them to compete against larger banks. According to a report in The Wall Street Journal citing executives at some of the small banks across the country, the executives argue the […]
I’ve had the privilege of delivering cloud training to over 300,000 students globally. Along the way, I’ve worked with both teams and individuals who are trying to adapt to the modern era of cloud computing. Some of the most common questions I’ve found myself answering revolve around transitioning into roles […]
Global brokerage house HSBC has retained buy call on Reliance Industries, the oil-retail-to-telecom major, with a price target of Rs 1,500 per share, implying 12 percent potential upside from current levels. The stock has been one of the biggest gainers in last one year among largecaps, rising 46 percent while in […]
Telecom operators need to support the rollout of public wi-fi hotspots to gain an edge in technology space, Niti Ayog Special Secretary Yaduvendra Mathur said Friday. “TSPs (telecom service providers) …also need to support this move (roll out of public wifi). If you do not allow for hotspot roll out […]
A 93-year-old bank in Tamil Nadu is moving to Mumbai. The boards of Lakshmi Vilas BankNSE 4.98 % (LVB) and IndiabullsNSE 6.14 %Housing Finance this week approved the merger between the two to create what would be known as the ‘Indiabulls Lakshmi Vilas Bank’, with a combined loan book of Rs 1.23 lakh […]
BMW Group India has registered the highest-ever Q1 sales. All three brands – BMW, MINI and BMW Motorrad – helped in achieving this strong growth in sales. In Q1 2019, BMW Group India delivered 2982 cars (BMW + MINI) registering a growth of 19 per cent as compared to Q1 […]
Geneva: Global merchandise trade growth is expected to slow to 2.6% in volume terms in 2019 from 3% in 2018, as the US-China trade war continued to generate uncertainty in the world economy, figures released by the World Trade Organization (WTO) Tuesday showed. The renewed momentum of 4.6% growth in international trade witnessed during 2017 […]
There are plenty of good business ideas floating around, and not all of them are unique. In fact, new companies successfully go to market in saturated industries all the time, and most aren’t especially disruptive. Some just take advantage of a humongous market. Entrepreneurs in the food and beverage space, […]
Novo, a startup mobile bank aimed at small business, has said it raised $4.8 million in venture seed financing led by Crosslink Capital, along with Red Sea Ventures and RRE. Other investors in the funding round include Hack VC, Rainfall and the Stanford Law School Venture Fund, according to a company […]
Sales of renewable energy certificates declined over 22 percent to 1.25 crore units this fiscal on IEX and PXIL as compered to 1.61 crore in 2017-18, mainly due to lower inventory (supply), according to official data. In March, sales of RECs or green certificates declined by over 51 percent to […]
Khadi sales is expected to touch an estimated all-time high of Rs 3,200 crore this fiscal, the Khadi and Village Industries Commission (KVIC) said. According to MSME ministry data, sales were Rs 2,510 crore in 2017-18 and Rs 1,081 crore in the year 2013-14. The sales grew at an average […]
The chase for arranging funds has been the most despicable aspect of any business entrepreneur’s existence from times of yore. Many aspirants abandon their dream to assemble, make, and improve and easily succumb to the poor situation without understanding that a good business thought will eventually pool in the abundance […]
