Page 7 - Business

Centre begins early preparations for new World Bank Business index

Interministerial meetings underway with DPIIT to get a head start on B-Ready, due for 2026

Change and future-readiness

Profits and growth are the oxygen of business. It is possible to get 'too much' and damage the enterprise irreparably

TCS sets up Pace Port in London to promote business, tech collaboration

Seventh such international facility the Indian IT services company has set up

Deloitte's 'biggest reorganisation in decade' to simplify business: Report

Accounting and consultancy giant's main business units will be trimmed to four from five

National Case Challenge on Religare vs Dabur

How corporate governance, compliance, finance and corporate strategy can come into play!

Majority of working women keen on becoming entrepreneurs, start biz: Survey

A large number of working women are keen to become entrepreneurs and start their own businesses, finds a survey. A survey among more than 10,000 working women aged 24-55 across the metros, tier 1 and 2 cities has found that as many as 76 per cent of them expressed a desire to start their own businesses, according to Indialends, which is an online marketplace to provide data on personal loans and credit cards. As much as 86 per cent of the working women surveyed expressed a desire to learn and upskill themselves in areas like budgeting, investing, saving and other financial instruments. The survey also reveals stories of women entrepreneurs taking charge and 68 per cent of the women entrepreneurs surveyed said they manage their company accounts independently, and only 32 per cent of them are dependent on their professionals/ husbands/family members for this. When it comes to their investing behaviour, it has been found that 68.7 per cent of businesswomen/entrepreneurs invest their .

Who is Radhika Merchant? Know everything about Ambani family's new member

Radhika Merchant and Anant Ambani are going to tie the knot in July 2024. Here is all you need to know about Radhika Merchant

Highlights: INLD Haryana Prez Nafe Singh, associate shot dead in Jhajjar

Catch all the latest updates from across the globe here

Delhi biz hit due to farmers' march, buyers' footfall from NCR down by 75%

Delhi's business affected by farmers' movement is witnessing 75 per cent reduction in customers coming from NCR regions, according to a statement by Chamber of Trade and Industry (CTI). The CTI said that every day around three lakh people come from NCR for shopping. Due to farmers' movement, less than one lakh people are coming. According to Brijesh Goyal, chairman of CTI and president Subhash Khandelwal, the leading organisation of traders, the number of customers in Delhi markets has declined by 75 per cent, with more than 15,000 commercial vehicles have been stopped from entering the city and more than 25,000 commercial vehicles stuck in Delhi. Around three lakh buyers from NCR cities -- Sonipat, Panipat, Rewari, Bahadurgarh, Narnaul, Gurgaon, Bawal, Noida, Faridabad, Ghaziabad etc -- visit the markets of Delhi every day, the statement said. On Wednesday, on Basant Panchami, there are about 40,000 marriages scheduled to take place in Delhi but due to the farmers' movement, guest

The power of neeyat in enterprise

Neeyat is not a new management jargon to replace vision and mission, nor is it an attempt to nativise an Anglo-American concept in Bhartiya hues, but it is relevant for all businesses, big or small

Who's who from business, cinema, politics, sports attend Ram temple event

Bollywood superstar Amitabh Bachchan, business tycoons Mukesh Ambani and Lakshmi N Mittal, and cricket legend Sachin Tendulkar were among India's crme de la crme who attended the grand consecration ceremony at the Ram temple in Ayodhya on Monday. While the list of invitees included about 8,000 names, the select list featured 506 A-listers, including prominent politicians, leading industrialists, top film stars, sportspersons, diplomats, judges and high priests. Billionaire Mukesh Ambani and his family, steel tycoon Lakshmi N Mittal, telecom czar Sunil Bharti Mittal, Reliance Group head Anil Ambani, and Aditya Birla group chairperson Kumar Mangalam Birla and his daughter Ananya Birla were among some of India Inc.'s prominent faces that attended the ceremony. Bachchan flew into Ayodhya in a private chartered plane for the consecration of the 51-inch Ram Lalla idol. He was accompanied by his actor son Abhishek Bachchan. Actor Kangana Ranaut, who reached Ayodhya on Saturday, hailed the

India on top for trust in biz, NGOs; 4th for media, 5th in govt: Report

India tops the charts in terms of trust in businesses and NGOs, but it is fourth in terms of trust in media and fifth for the government, an annual trust barometer showed on Monday. The Edelman Trust Barometer 2024, released here ahead of the World Economic Forum Annual Meeting, put Saudi Arabia on the top for trust shown by their people in the government and China for trust in media. In terms of trust shown in one's employer, Indonesia emerged at the top followed by India at the second place. The 24th annual survey, which covered over 32,000 respondents across 28 countries, showed developing countries having a lead over developed ones in terms of overall trust perception of their respective populations. On the overall index, prepared on the basis of average per cent trust in NGOs, business, government and media, India moved to second place from fourth in 2023, while China retained its top spot. The UK replaced South Korea as the least trusted nation. The survey also showed less t

For women, it's a long walk to financial inclusion

Designing financial services for women makes good business sense. Women have lower defaults, tend to save more and make timely repayments compared to men

The limitation of 'Make in America'

Slade follows Ben and Whitney Waxman, who in 2015 founded American Roots with the goal of not only manufact­uring in the US, but also operating with an entirely domestic supply chain

Rise in demand for saffron flags bearing images of Lord Ram, Ayodhya temple

Ahead of the Ram temple consecration ceremony in Ayodhya, demand for saffron flags bearing images of Lord Ram, Lord Hanuman and the upcoming grand temple has risen manifold. As Ayodhya will virtually be fortified on the day of the 'Pran Pratishtha' on January 22, devotees from the nearby districts are arriving early for a 'darshan' of Ram Lalla and are purchasing these flags, besides other merchandise bearing the name and images of Lord Ram. With less than two weeks to go for the grand event which will be attended by Prime Minister Narendra Modi, the temple town is in the grip of religious fervour, or as the locals say, "Ayodhya Rammayi ho rahi hai". Saffron flags bearing images of Lord Ram and the upcoming Ram temple, 'Jai Shri Ram' slogan, and an image of Lord Hanuman -- often seen on the rear windshield of cars -- are in big demand, according to local shopkeepers. Several local residents PTI spoke to said the demand for saffron flags has been on the rise since the 2019 Supreme .

Best of BS Opinion: Global trade disruption, Tapping the many Indias & more

Here is the best of Business Standard's opinion pieces for today

Jaipur traders demand new wholesale trade hubs for smooth business

The walled city of Jaipur, known globally as Pink City, is a Unesco world heritage site

ICC World Cup 2023: Local biz saw 400% hike in spending by foreign tourists

Quick-service restaurants in host cities saw an increase in spending by foreign tourists for three key matches - India vs Pakistan, India vs England, and the final clash between India and Australia

Over 7,700 cos voluntarily exited biz since setting up C-PACE: Govt

More than 7,700 companies have voluntarily closed down their business in the country since the setting up of the Centre for Processing Accelerated Corporate Exit (C-PACE) in May this year, and the time taken for voluntary exit has come down to around 110 days, according to the government. The corporate affairs ministry operationalised the C-PACE on May 1, 2023, to facilitate and expedite the applications filed for voluntary exit under the provisions of Section 248 (2) of the Companies Act, 2013. The applications for voluntary closure under C-PACE are processed in a centralised manner for an efficient and uniform outcome, Minister of State for Corporate Affairs Rao Inderjit Singh said on Monday. "Since the setting up of C-PACE, 7,721 companies have been struck off till 05.12.2023, under section 248(2) of the Act... the time taken under C-PACE for voluntary exit has reduced to around 110 days during the current year," he said in a written reply to the Lok Sabha. In a separate written

Follow orders if you want to do biz in India: HC to domain name registrars

The Delhi High Court on Friday cautioned domain name registrars (DNRs) against non-compliance of judicial orders and said if they want to do business in India, then they should follow its directions on taking action against those indulging in illegal activities online, or run the risk of being "blocked" by MEITY. A bench headed by Acting Chief Justice Manmohan said DNRs cannot "become instrument of syndicating scams" and called upon them to "remain vigilant" in the face of misuse of known trademarks to register websites to carry out illegal and fraudulent activities. "If you have to do business in India, we will lay guidelines and you have to comply. We will lay down a mechanism.. These (DNRs) people have to comply. We can't allow millions to be cheated. Some serious matter is going on here," said the bench, also comprising Justice Mini Pushkarna. The court observed that there was a huge magnitude of business in the country for DNRs who cannot be allowed to become "scam units". "We