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Services activity gathers pace in October on new business gains
Synopsis
On the inflation front, the survey report showed there were mild accelerations in inflation rates for input costs and output charges. "Many companies indicated that…
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India may allow Chinese JVs with Indian cos for electronics manufacturing
Officials added that any proposal for a JV could be considered if that leads to the growth of the electronics manufacturing ecosystem in India
In an attempt to boost the…
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UK business confidence at lowest since Covid lockdown
Synopsis
The findings underscore the turmoil in the UK economy after Liz Truss abruptly resigned as prime minister and handed power to Rishi Sunak. The new government has reversed…
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TCS added to Microsoft’s business applications 2022-2023 Inner circle
According to TCS, the company has been helping clients across 30 industry domains and across geographies, devise and reimagine customer experience and drive purpose-led business…
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Fusion Micro Finance IPO: Cheap valuation, smart business model but plenty of risks
Many analysts have a neutral rating on the issue with some advising to subscribe. They recognise diversified portfolios and an advanced operating model but also see several…
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WhatsApp’s Business bet takes off in India, revenues set to cross $1 bn next year
Enterprises including banks, insurance, retail businesses and new-age companies are driving the largest volume and revenue for the messaging app's business offerings. Other…
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P&G India set up Rs 200-cr ‘Technovate Fund’ to solve business challenges
The firm has also committed to spend more than Rs 1,300 crore in business solutions through its 'vGrow' platform
Personal care products major Procter & Gamble (P&G)…
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Airtel is well poised to extend its lead in postpaid business: Gopal Vittal
Synopsis
Vittal said that pricing in general needs to rise quickly as the ROCE (return on capital employed) of Airtel's India and South Asia operations remains very low at 8.4%.…
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Amazon Freezes Hiring Levels in Profitable Advertising Business
CFO said last week that company was ‘investing’ in ads unit
E-commerce giant responds to slower pace of sales growth
BySpencer Soper
Amazon.com Inc. is freezing…
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FirstMeridian Business Services gets Sebi’s go ahead to float Rs 800-cr IPO
Synopsis
FirstMeridian, which was founded in 2018, provides a wide range of services, including general staffing and allied services. It offers solutions for contract staffing,…
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