Page 32 - Companies

Surat textile industry still suffers impact of demonitisation

Surat (Gujarat), Nov 07 (ANI): After almost one year of its implementation, demonatisation still seem to have shaken various industries across the nation, including the famous textile industry in Surat. Textile merchants and businessman are still struggling to come out of the negative impact that Note Ban by PM Modi-led government had on it. The traders also said that while the textile industry was trying to stabilise, GST brought bigger worries for them.

One year on, lock industry trembles due to demonetisation

Aligarh (U.P.), Nov 07 (ANI): Aligarh's lock industry is still facing shortage of demand even after one year of demonatisation. The manufacturers claim they faced heavy unemployment post the ban on old currency notes. The lock manufacturers also said that GST brought another wave of shock in the already trembling industry.

Brass industry goes from bloom to gloom one year after demonatisation

Moradabad (Uttar Pradesh), Nov 07 (ANI): Moradabad's famous brass industry is still struggling to release from the clutches of demonatisation. The brass industry, which earlier saw bloom in full swing, is now facing a phase of gloom one year after the ban on notes. If demonatisation was not enough of a shock for the manufacturers, GST brought more trouble for the industry.

Amazon discounts to compete with Walmart

New Delhi, Nov 07 (ANI): Amazon is cutting prices of products from third-party sellers on its website. It's part of a plan to better compete with low-priced rivals, like Walmart, during the holiday season. Amazon says it sells products at lower prices while still giving full price to the sellers. But some merchants have criticised the company in the past for discounting. They say it's devaluing their products.

One year of demonetisation: Traders still blame it for their losses

Kanpur/Varanasi (U.P.), Nov 07 (ANI): While the Centre-led demonetisation completes a year on November 8, traders in parts of Uttar Pradesh still blame the step for their losses. A Kanpur-based trader said that the sales had hit rock bottom after labourers returned back to their native places. "Many mills, which employed 10 to 50 labourers earlier, are now managing with two workers", he said. Announced on November 08 last year, the move to scrap rupee 1,000 and 500 notes was taken to bring down the menace of black money.

Want to start your own business? Here are 4 smart ways to manage your expenses

New Delhi, Nov 04 (ANI): It takes an immense amount of hard work, patience and strong financial support to start your own business, and turn it into an asset. Many businesses fail in the early stages due to lack of planning and inability to manage expenses. Here are four smart ways to manage expenses when starting your own business from scratch-Look for smart office space solutions-Leasing an office space is one of the biggest investments in any business. Early-age startups do not require a large office space. Moreover, the concept of virtual office provided by business centres is also gaining momentum these days. It allows a person to use a rented office space as per their requirement without physically being present there-Cost sharing- One does not need to own everything when starting a business. The cost of small basic amenities like printer, kitchen supplies, mail services, and telephones adds up to a big amount that one has to pay every month. Sharing the amenities with other star

Apple stock hits record

New Delhi, Nov 04 (ANI): Apple stock hit a record high as customers lined up outside Apple stores across the world to get their hands on the new iPhone X. The glass-and-stainless-steel iPhone X features an edge-to-edge display and an innovative camera that uses facial recognition to unlock and operate the phone. Last week, users trying to order the iPhone X on Apple's website were told the wait was up to six weeks. Now it's down to three to four weeks. The rush of interest in the new phone came after Apple issued an upbeat sales forecast for the year-end holiday shopping season.

ICICI Bank to launch voice-based international remittance service for NRIs

New Delhi, Nov 03 (ANI): ICICI Bank with Apple, on Thursday announced the launch of India's first voice-based international remittance service to enable non-resident Indians (NRIs) to send money to any bank in India. With this new feature in the ICICI Bank's Money2India app, an NRI customer can instantly initiate a remittance to his/her existing payees in India with just a simple voice command to Apple's virtual voice assistant, Siri, on their iPhone/iPad. A first-of-its-kind cross-border remittance service by a bank in the country, aims to improve customer convenience significantly as it replaces a five-step process, which was earlier required to initiate a remittance to India earlier. To get the benefit of this unique offering, the customer needs to simply speak out the 'nickname' of the registered payee in the Money2India (M2I) app to whom he/she wants to send money.

Steep rise in Facebook profits, no sign of impact from Russia scandal

New Delhi, Nov 03 (ANI): Facebook earnings soar with a 79 percent increase in quarterly profit, the tech giant apparently insulated from criticism over its failure to prevent Russian operatives using its platform for US election meddling. More than just a thumbs up for Facebook. Third quarter profits soared 79 percent and total revenue increased 47 percent to $10.33 billion. Facebook's faced criticism from Washington over its failure to prevent Russian operatives from using the platform for election meddling. The company plans to add 10,000 people to review content on the network but the extra spending will likely hit profits, with expenses expected to grow by 45 percent to 60 percent next year. Facebook has said that people in Russia bought at least 3,000 U.S. political ads, which were seen by millions of Americans over two years.

McDonald's sales top forecasts after promotions push

New Delhi, Oct 25 (ANI): One-dollar drinks and the McDonald's deal helped McDonald's beat Wall Street expectations in the third quarter. The United States same-store sales rose more than expected. Global comparable sales topped forecasts as well. McDonald's has been working on reversing lower traffic at its U.S. restaurants, where it gets most of its profit. It added new items to its menu, such as the fresh beef Quarter Pounder and Signature sandwich. It also started mobile ordering and delivery.

GST dampens Diwali spirit for traders in Kanpur

Kanpur (Uttar Pradesh), Oct 14 (ANI): Traders and shopkeepers dealing in Chinese lights in Kanpur blamed the Goods and Services Tax (GST) for a slump in business ahead of the festival of Diwali. The implementation of GST has an adverse effect on festive shopping. It has left many small traders and businesses unhappy with poor Diwali sales. The levy imposed on Chinese products has been fixed at 28 percent, which has inflated prices of raw materials. GST, launched on July 1, is India's biggest tax reform in the 70 years since Independence.

Forbes India Rich List 2017

Mukesh Ambani remains India's wealthiest for the 10th time in a row with a net worth of $38 bn, Azim Premji distant second

Meet the world's most powerful women in business

From GM's Mary Barra to PepsiCo's Indra Nooyi and Facebook's Sheryl Sandberg, these women emit and wield immense power in the world of business, according to Fortune's 2017 list of the most powerful women in business.

Tata Nexon launched at Rs 5.87 lakh

The Nexon is priced at Rs 5.87 lakh, for the petrol variant and Rs 6.87 lakh for the diesel variant Ex-showroom, Mumbai.

Asus zenfone 4 Selfie Pro quick preview

The company has launched three models in the Zenfone series Zenfone 4 Selfie Pro and two other variants named Zenfone 4 Selfie

Apple unveils iPhone 8, iPhone 8 Plus, iPhone X

New Delhi, Sep 13 (ANI): Apple launched its new slew of gadgets on Tuesday in a special Apple event held in Apple's Steve Jobs Auditorium. The event unveiled much-awaited iPhone 8, iPhone 8 Plus and iPhone X. While iPhone 8 and iPhone 8 plus stand to be the regular updated models launched annually with a few new features, iPhone X is an entirely unique and impressive gadget as the phone is packed with some of the most amazing features. Starting from its looks, well, iPhone X looks like no other iPhone with its edge to edge display. It flaunts a 5.8 inch OLED Super Retina HD Display, A11 Bionic processor and iOS 11 operating system. The phone is available in 64GB and 256GB internal memory variants. Keeping the name of the company up, the camera of this phone is equally impressive with 12MP dual rear vertical setup and 7MP front camera that can capture reality like a dream. To get your hand son this dream-come-true device, you will have to spend at least $999 for the 64GB model. All in a

Apple iPhone: 10 years of evolution

Here's a look back at the evolution of the iconic phone produced by the biggest manufacturer.

Xiaomi Mi A1 : The flagship Android One phone for India

Xiaomi India has launched Mi A1, an Android One smartphone in partnership with Google, at Rs 14,999 in India. The device will go on sale on September 12 on Flipkart and Mi Store -- as well as offline channels. The phone will be available in three colour options – Black, Rose Gold and Gold.

Kodak Ektra: Camera or smartphone?

While the Ektra is not poor for its price tag of Rs 14,999, there are several areas where it could have done better to carve up the segment of budget smartphones and build for itself a niche.

Micromax Canvas Infinity: Quick Review

Micromax recently launched the Canvas Infinity smartphone in India for Rs 9,999