In doing so, Bajaj has become the first internal combustion engine two-wheeler company to launch an all-electric two-wheeler in India.
'We are not laying any of our team off. We cannot do that especially at this time.' 'It will be hard for them to find other jobs now and we will not let our team down now.'
Nearly all FMCG companies like Marico, HUL, ITC and the rest have been indicating that the operating environment has been challenging, with drop in consumption, especially in rural areas, severe crunch in market liquidity conditions, and disruptions and floods in several parts of the country. To overcome this, they are boosting their direct reach in the countryside.
DO: Whether or not your business has suffered losses, now is the time to optimise resources, cut back on unnecessary expenditure and spend every penny cautiously. DON'T: If there is a cash crunch, don't rush to fire staff. Instead, weigh in other options that will protect the interest of both the company and the employees. Must Read Advice from Apoorva Ranjan Sharma, MD, 9unicorn.
Considering the June quarter numbers have been softer, as compared to the past quarters, and the overall macro environment is yet again under a cloud, Indian IT services should seriously look at the new normal
The Ola Money and Uber tie-ups demonstrate how insurance companies, including even government-run ones, are forging partnerships with every possible service company to offer products.
The two new markets are overwhelmingly dominated by US ride-hailing giant Uber, which has been able to edge out local start-ups
In terms of expansion, a little more than half of the family businesses are open to internationalisation, while 40 per cent are looking at diversification, a PWC survey said. Even Indian family businesses are increasingly looking at diversification and exploring newer markets, it added.
It's the first time in its 178-year-old history that the iconic British motorcycle firm owned by the Bloor family has got into an alliance. Three years after announcement, the two companies formally signed on the dotted lines on Friday for a long-term partnership, which aims to achieve global scale in a segment in which Royal Enfield has head-start.
Jaishankar criticised the UNHRC for its criticism on the situation in Jammu and Kashmir,
While one outlet will be opened at the domestic terminal, another one will be started at the international terminal of the airport, Tata Starbucks said in a statement.
The annual Reuters ranking of Asia Pacific's Most Innovative Universities for 2018 is out.
The acquisition has opened a market to 245,000 healthcare providers, 350 payers (insurance firms) and 180 million lives.
While customers in metro cities are still buying cars, quick growth is likely only from upcountry markets, where highways and roads are being built, and discretionary income and aspirations are rising.
Cricket will seek to reach out to the untapped American market when the sport's most followed practitioners, India, lock horns with the West Indies in their maiden international game in the US on Saturday.
Mahindra to sell Peugeot scooters in North Africa
The interim report highlights key competition issues in the e-commerce space like deep discounting, the imposition of unfair terms and conditions, the growing dependence of brick and mortar establishments on online platforms, and opaqueness in search rankings.
While the traditional masala portfolio continues to hold its sway, the brand is up against stiff competition from food delivery apps and the thriving community of restaurants that they support for its ready-to-cook and ready-to-eat fare.
The Briton made the comments in an interview to the BBC in reference to Formula 1 embracing new countries to hold races.
Though startups find 17 mentions in the Budget speech of the finance minister, and have been promised tax exemptions, the reality is that only 2 per cent of the 4,648 applications received from startups for income tax exemption had been approved as of February 2019, according to an answer to a Parliament question. As India's startup space bubbles with activity - new, young players are tapping into opportunities opening up - there are local anti-portfolio stories circulating about investors missing opportunities in 'unicorns', or companies that have reached valuation of $ 1 billion, says Vandana Gombar.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
She is hoping to break the rules of fashion.
Speaking to Sky Italia at the Globe Soccer Awards in Dubai, Jorge Mendes said the deal would have been worth 100 million euros a year to the Portugal striker.
Investing in start-ups can be highly rewarding, but direct investing is not meant for everyone. For the majority of wealthy investors, taking the private-equity route could still be the better option.
The former South Africa wicketkeeper joined as General Manager (Cricket Operations) back in 2002 and was promoted as Chief Executive in 2012 after Haroon Lorgat quit.
UP has 14 mango belts in Lucknow (Lucknow, Malihabad, Bakshi-ka-Talaab), Saharanpur and Sambhal-Amroha-Muzaffarnagar districts. Apart from Dussehri, the other major varieties in UP comprise Langda, Chausa, Amprapali and Mallika.
By 2022, the entire job landscape would undergo drastic change.
Prez says that India has not assured the United States that it will provide 'equitable and reasonable access to its markets'.
In a departure from the past, when IHCL adopted the organic route for entering markets like London and New York, this time around the expansion will be acquisition-led.
Ola commits to invest $100 mn in Vogo, to bring scooter-sharing to its app, reports Alnoor Peermohamed.
What has really alarmed the police, and also the families of young drug abusers, is the entry of "chitta" -- a highly refined white powdery semi-synthetic substance (mainly heroine) -- into the drug scene and has spread like wildfire among the state's youth. Ashwani Sharma reports.
Company's revenue rises 3-fold to touch $206 million while total cost jumps over 6 times to $500 million
Can Everstone overcome the challenges that previous owner HUL could not, as it tries to rebuild Brand Modern?
'It seems a wiser decision to pull out at the right moment than regret after joining the pact,' explains Dr Rahul Mishra.
US President Barack Obama on Thursday said his administration is upping effort to remove trade barriers and create new market for American businesses, especially their presence in "some of the most dynamic markets in Asia".
'This offers us many opportunities to meet people in different ways, and we will do this with full respect to India.'
The list is topped by Fuhu, a California-based company that sells the Nabi, an Android-based tablet for kids.
Bombay Dyeing is betting on creating a range of unique, customised textile products, a route that is largely unexplored by the home textiles players although several industry reports and consumer behavior studies have talked about the potential for personalisation.
May now faces the final and biggest hurdle of getting the deal approved by the UK Parliament where many MPs from her own party remain vehemently opposed to it.
Swiggy is shoring up capital to defend its position as India's largest food-ordering app as rivals Zomato and FoodPanda focus on growth after receiving funds