Business Models

ITC Ltd chairman and managing director Sanjiv Puri on Friday said that there is a need to create business models that put people and the planet at the centre, as enterprises have a social role to play. Speaking at an event of the Merchants' Chamber of Commerce and Industry (MCCI) here, Puri said that the "challenges are daunting because we are living in a very different world". "There is a need to reimagine how we do business in future with a focus on innovation, sustainability, resilience and skilling. And we need to create business models that put people and the planet at the centre", he said. Puri said circularity is a trend that is picking up. Regenerative business models would come in, and that is an opportunity because things will be created from scratch, he said. "Digitisation and digital transition in the services economy is a reality, and India has a big advantage. Also, resilience in the supply chain is important," Puri said. Investments in innovation and R&D are equall

Nidhi Gupta, Executive Director at Crossword Bookstores, shares how she’s using technology to reinvent a legacy brand, personalising book discovery, empowering teams, and building community spaces.

Ashneer Grover said that a lengthy hiring process can still fail to yield the desired results as candidates are on their best behaviour at that time but may not meet expectations later

The innovation and startup ecosystem is strongly positioned to find solutions to challenges facing the world today, India's G20 Sherpa Amitabh Kant said on Monday, asserting there is no shortage of funds for good startups, with strong business models. Speaking at 'Startup20 Shikhar' event, he advocated a multi-pronged approach of 'fund of funds', credit enhancement schemes, and a sharp focus on good governance for a robust startup ecosystem. Indian startups have successfully demonstrated the power of population-scale solutions at low cost, he said. Kant said that there is no funding winter in startup space, and pointed to "spring" of capital availability for good startups. The world is flushed with funds looking for well-structured good projects, he pointed out. Kant spoke about the success of India's digital public infrastructure, biometric ID, digital payments, and the strength of its startup ecosystem, and added that the country has demonstrated the huge power of digital ...

He also said that the supervisors need to examine IT issues holistically to determine whether banks have the capacity to develop robust IT systems that align with their business strategies

Chegg has revealed its plans to cut about 4% of its workforce, weeks after its CEO admitted that ChatGPT was crushing its business as students are turning to artificial intelligence for homework

Buch also said that if your business model is woven around a black box, which is not open to sunlight for disinfecting or not capable of being audited or validated, it cannot be permitted.

Sebi chairperson Madhabi Puri Buch on Wednesday said any business on the 'black box' model that cannot be audited or validated will not be permitted. She also said since data is a public infrastructure, any attempt by any private party to own them cannot be tolerated. "We are not for or against algo trading as long as there is sufficient transparency and disclosures. Business models cannot rely on a black box which is not open to sunlight.. therefore any claim that cannot be audited and validated cannot be permitted," Buch said addressing the Global Fintech Fest here this morning. The warnings from the markets regulator come amid reports that it may clamp down on algo trading, which in the past has been misused by certain brokers with the connivance of top NSE officials. Earlier this month, Sebi had issued new guidelines for stock brokers providing algorithmic trading services after it was found that certain stock brokers provide algorithmic trading facilities to investors through

There is a need for the traders and merchants to modernize and digitize their business models, Union Minister Smriti Irani said on Monday. "In the constantly changing business scenario, the merchants of our country need to transform, digitize and modernize their business models," Irani, who is also the Minister of Minority Affairs, said. The Minister of Women and Child Development made the remarks while launching CAIT India Knowledge Mission in the national capital, the Confederation of All India Traders (CAIT) said in a statement. The initiative will educate and assist the traders across the country to adopt new and modern technologies to their businesses. CAIT will organise both offline and online workshops across the country as part of the programme. CAIT Secretary General Praveen Khandelwal said "in the last few years foreign e-commerce companies and big corporate companies are trying to take on the retail business." The mission has been launched to teach the traders and mercha

The exam which is expected to be held on January 8 2023, is conducted by XLRI-Jamshedpur, on behalf of the Xavier Associate Management Institutes (XAMI)

Delivery executives and driver partners are the more active workers during these testing times

The study focused on data practices and governance of private enterprises has found

As volume builds up, it's feasible to transition to inventory-based model