Top economic powers take pride in being home to leading financial centres, be it New York, London or Tokyo. India, in a bid to become a part of this global league, also looked to make Mumbai as a major financial centre. In 2006, the government established a committee to make...
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December 27, 2018 Rakesh Sashmal
Economy
Suven Life Sciences on Thursday said it has been granted a product patent by Brazil and Eurasia each for a new chemical entity (NCE) used in treatment of disorders associated with neurodegenerative diseases. These patents are valid through 2023 and 2034, respectively, the company said in a BSE filing....
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December 27, 2018 Rakesh Sashmal
Business
Companies experience ups and downs. During productive times, there are enough funds to see smooth sailing. However, when the market sees a downfall, you might have to look for other sources to fund the short-term financial crunch. In such a situation, a short-term business loan from a bank...
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December 26, 2018 admin
Business
An investor who put his money into a fixed deposit would have outperformed most asset classes this year. Equity, real estate, and even actively-managed debt funds have given lower returns than the State Bank of India one-year fixed deposit returns in 2018. Gold gave marginally higher returns, but that too was in...
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December 26, 2018 admin
Business
US president Donald Trump has overseen a sharp slowdown in the pace of new business regulations in his first two years in office, according to an analysis by the Financial Times using government figures. The data show that Mr Trump’s administration has passed less than half the number...
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December 26, 2018 admin
Business
All cities that issue business licenses will adopt new state-mandated regulations by Jan. 1. Cities are required under a new state law to adopt language that expands the definition of what it means to be “engaging in business,” which would expand the entities required to secure a business...
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December 26, 2018 admin
Business
Unveils four variants of ready-to-drink milk-based beverages “In milk business, we are looking at least 15 per cent market share in any market that we enter,” said Hemant Malik, Divisional Chief Executive – Foods, ITC here on Monday. Speaking to press persons, Malik said the dairy industry in...
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December 26, 2018 admin
Business
When choosing vendors for your business, doing your due diligence can be one of the most important parts of the process. In my 18 years in the small- and medium-sized business market as both an owner and a consultant, I’ve noticed that a reoccurring point of pain has...
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December 26, 2018 admin
Business
Ravi Krishnan In a season of loan waivers, at least some states are thinking about providing long-term structured income or investment support for farmers. Last week, Jharkhand anounced a plan to give Rs 5,000 per acre aid to small and marginal farmers from the next financial year. Odisha...
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December 26, 2018 Rakesh Sashmal
Economy
Maruti Suzuki India has announced a recall of 5900 of its Super Carry vehicles over a possible safety defect in fuel filter. “The Company will inspect a possible defect in fuel filter of 5900 Super Carry vehicles manufactured between April 26, 2018 and August 1 2018. This also include...
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December 26, 2018 Rakesh Sashmal
Business
