Business Models

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