Business In India

Made-in-India brands under one umbrella, announces Bacardi in India

Ranbir Kapoor to symbolise this platform; comes as a celebration of those disruptors, innovators, and changemakers who are on their journey to build their legacy as they pave their route to success

5G with IoT to unlock Indian businesses' potential: NTT India CEO

The whole area of IoT is promising as more and more companies are looking at leveraging IoT for a variety of business cases

Revised combination assessment timelines under competition law soon: MCA

The revised timelines proposed in the competition law will help in making the assessment of combinations swift and time-bound as well as provide certainty to businesses, according to the Ministry of Corporate Affairs (MCA). A bill to amend the Competition Act is now being examined by the Parliamentary Standing Committee on Finance. One of the amendments proposed is to reduce the time limit for approval of combinations to 150 days from the current 210 days and another is that the Competition Commission of India (CCI) has to form a prima facie opinion within 20 days for expeditious approval of combinations. Generally, mergers and acquisitions are referred to as combinations in competition law parlance. The corporate affairs ministry has said the overall time limit for assessment of combinations is being reduced to make the process swift and time-bound. "Time frame of 20 days will provide certainty in terms of a prima facie view failing which it will be considered as deemed approved.

Paytm loan disbursals up 482% YoY in Q2, firm sees 'continued growth'

Festive season preparation drives business for digital payments company

Government identifying PSUs with land bank but little business for selloff

The government is identifying public sector organisations with little to no business activities that are sitting on land banks to privatise or sell off

Karnataka, Manipur, Cahandigarh top NITI ranking for innovation, growth

Chhattisgarh is last among major states in index based on seven broad parameters and 66 indicators

Commercial courts: Little progress on speedy case disposal seven years on

Experts say taking a leaf out of the book of foreign justice systems may help address the problems these courts are facing

Uber may have explored selling Indian arm; company calls the report false

The US company Uber began weighing alternatives and reached out to several interested parties after recognizing it had limited potential for profitable expansion in Indian market.

India to account for 20% of our overall top line in 5 yrs: FM Logistic

FM Logistic has said India is a significant growth engine for the company and it is expecting its business here to account for 20-25 per cent of the overall topline in the next five years

RBI launches next round of quarterly survey to assess business sentiment

The survey assesses business sentiment and expectations based on qualitative responses on a set of indicators pertaining to demand conditions, financial conditions, employment and the price situation

Dropping of doing biz report won't impact investments, says govt

India's ongoing reforms to improve business climate will continue, says DPIIT Secretary Giridhar Aramane

Asian-American business leaders fund anti-discrimination effort

Over the past year, hate crime against Asian-Americans has jumped 169 per cent, according to a study by the Center for the Study of Hate & Extremism

Gujarat, Haryana and Karnataka beaten down by others in biz reform rankings

Officials, experts attribute this to lack of response from industry to survey, political instability in Karnataka

Ease of doing business: Four key parameters on which India needs to improve

The country is still ranked below 100 in starting a business, registering property, enforcing contracts and paying taxes

Market will continue to shift from focus on buyer to user: Jagdish Sheth

He says, while charting uncertain times, the key is not to look at daily changes in weather, but to look at changes in the season

Key to biz success in India: Bridging gap between opportunity & challenges

With rising incomes, immense growth opportunities will emerge in the coming decades across telecom, aviation and other such infrastructure sectors

Only 5% of adult Indians establish own business, says survey

The business discontinuation rate in India is among the highest at 26.4 per cent

Ease of doing business: Approvals simpler for start-ups than older firms

Start-ups took fewer days for approvals such as land allotment, construction permits and getting a water, electricity or sewerage connection, but longer to get environmental clearances