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Author

Michael Grunwald

Global Editor

Business Profiles

Xiaomi discontinues financial services business in India; here’s why

Michael Grunwald Oct 31, 2022
Xiaomi's assets worth $676 million were frozen in April by India's federal financial crime agency, which claimed the company had sent money abroad illegally while disguising the…
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Make in India

Govt not in business: Modi govt accounts for 72% of all disinvestment since 1991, data shows

Michael Grunwald Oct 31, 2022
Govt has earned Rs 4.48 lakh crore from disinvestment since 2014. With inflation factored in, this still represents 57% of all disinvestment proceeds since 1991. New Delhi: Days…
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Business Profiles

Huge business potential in India, says Maruti Suzuki MD Hisashi Takeuchi

Michael Grunwald Oct 31, 2022
'We are celebrating 70 years of our cooperation. We have a long history of progression between the two countries' India's growing market has huge business potential and it is a…
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Article

TRAITS THAT MAKE A TOP CHRO BUSINESS-SAVVY

Michael Grunwald Oct 31, 2022
The finest organizations and those that aim to be the best differ significantly in important ways. We can learn from the top-performing companies’ recruitment of a new generation…
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Article

Only 40% of businesses happy with network capabilities, shows data

Michael Grunwald Oct 31, 2022
94% say business demands for increased speed, agility and innovation are driving new operating models. Almost 70 per cent of CEOs believe their network maturity level is hurting…
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America

Reliance Increases Stake In US-Based SkyTran

Michael Grunwald Oct 29, 2022
The stake acquired for USD 15 million takes Reliance Strategic Business Ventures' total shareholding to 62.83 per cent on a fully diluted basis Reliance Strategic Business…
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America

General Motors To Halt Paid Advertising On Twitter

Michael Grunwald Oct 29, 2022
While the Detroit-based automaker will continue to engage with its customers on the social media platform, it is revaluating Twitter’s new direction Automaker General Motors…
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Business Profiles

Global Smartphone Market At Its Lowest Q3 Level Since 2014: Report

Michael Grunwald Oct 29, 2022
During the quarter, Apple and Samsung pushed the global smartphone market above 300 million units New report suggests that the global smartphone market declined by 12 per cent…
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Business Profiles

Truecaller is paying most taxes in Sweden despite earning 70 per cent revenue from India

Michael Grunwald Oct 29, 2022
The US-based research group Viceroy said in a report that Truecaller bills almost exclusively from Sweden and is avoiding higher tax rates in India Last year, Stockholm-based…
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Make in India

India’s defence ministry world’s biggest employer, says Statista report

Michael Grunwald Oct 29, 2022
India's Ministry of Defence is the world's biggest employer with 2.92 million people, which includes combined active service personnel, reservists and civilian staff, according to…
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