Home » Posts tagged with » business
Amazon’s amazing seller base success
New Delhi, Feb 18: E-commerce major Amazon.in today said it has crossed the 3-lakh seller base in less than five years of the company s operations in India. Of this, one lakh new merchants were on-boarded in seven months. Amazon, which is locked in an intense battle with homegrown rival Flipkart, has been aggressively ramping […]
Can US make ‘anti-dumping’ probe vs India stick ?
New Delhi, Oct 20 The United Stares has initiated an ‘anti-dumping duty investigation’ against import of polytetrafluoroethylene (PTFE) resin (that’s the stuff that coats ‘non-stick’ pots and pans) from India and China, according to the US Department of Commerce. The probe is being started to determine whether imports of PTFE resin from China and India […]
Diwali spending is sown by 40 percent, claim traders
The patchy and haphazard roll out of GST has affected India has resulted in traders complaining of a 40% drop in Diwali spending by customers! Of course these brick-and-mortar store owners also whined that e-portals were drawing away their business with ‘unseemly’ discounts! A nationwide traders’ association on Monday claimed a 40 per cent drop […]
business \ naked ambition \ youth
Britain’s youngest millionaire’s an Asian!
London: A teen tycoon nicknamed ‘Alan Sugar’ reckons he is Britain’s youngest business millionaire – after selling houses during his school lunch breaks. While other youngsters were kicking a ball around the playground, Akshay Ruparelia, 19, was quietly negotiating huge property deals on his mobile. He hired a call centre service to answer his company switchboard […]
business \ cattle ban \ development \ Goa \ HUMAN RIGHTS \ naked truth
Goa meat traders challenge cattle ban
The Bombay High Court has issued notice to the central and the Goa governments over a petition filed by meat traders challenging the newly-introduced restrictions on cattle trade. Quraishi’s Meat Traders’ Association of Goa challenged in the Goa bench of the high court the Prevention of Cruelty to Animals (Regulation of Livestock Markets) Rules, 2017, […]
business \ consumer \ development \ industry
Washing machines : Currying favour ?
If you say that your washing machine doesn’t get that ‘masala’ stain off your naughty kid’s shirt, your worries will apparently disappear if you buy one with a ‘curry’ button. (A washing machine with the button, not a shirt!) A washing machine has been launched for the Indian market, with a special mode to tackle […]
Less hassles to register trade mark
New Delhi: To promote ease of doing business, the government (March 6) cut the number of trade mark forms from 74 to just eight and nearly halved the fee for e-filing applications to Rs 4,500. These changes were notified in the Trade Mark (TM) Rules, 2017. “These rules, which replace the erstwhile Trade Mark Rules […]
Nestle lost 100 crore due to Cash Ban
New Delhi: FMCG major Nestle says it has taken Rs 100 crore hit on sales due to demonetisation and the sector will take another six months to overcome the impact of the government’s move to scarp old high value notes, according to a PTI report. “We took an impact in November. If you look on […]
Bangladesh : India’s biggest Trade Partner?
The Dhaka-Delhi trade and commercial relations are growing at a “substantial pace”, the Indian high commissioner in Bangladesh has said. “Bangladesh is now India’s biggest trade partner in South Asia,” Harsh Vardhan Shringla said on Thursday at the opening of the fourth Indo-Bangla trade fair. The India-Bangladesh Chamber of Commerce and Industry (IBCCI) organised the […]
airlines \ business \ development
India’s latest airline Zooms in!
Durgapur/New Delhi, Feb 12: A new domestic airline is taking shape. Zoom Air is set to … well zoom this month. Taking wings, Zoom Air today flew its inaugural flight from the national capital and will start commercial operations from February 15. The CRJ 200 LR plane landed at the Kazi Nazrul Islam Airport, Durgapur, […]
Arun Jaitley \ budget \ business \ development
Budget halves Basic Tax Rate; More Public Spending
New Delhi: Most middle income tax-payers have welcomed the Union Budget proposals announced February 1, though opposition parties bicker over the fine print. The big news is that donations to political parties will become more transparent. In a pre-poll Budget aimed at softening the demonetisation blow, Finance Minister Arun Jaitley halved the basic income tax […]
Has the Cash Ban cleaned up the Real Estate market?
New Delhi: Has the note ban actually cleaned up dirty dealing in the Real estate market? Some believe so! Anyway, half the potential buyers for apartments and such have disappeared! A Gloomy time for real estate barons! But the feeling is that the sector has been forced to ‘clean up’. The Property market, long considered […]
HAVE YOUR SAY