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Category: Business

Are You Working for Your Business or Is Your Business Working for You?

Loknath Das, , , , , , ,

Business owners are a special breed. At some point, they decided that working for themselves (despite all the perils that come with this occupational choice) is a better path to their version of success than working for someone else. In the beginning, passion and lofty goals can be a real elixir for the journey ahead. And, although the finish line can seem a long way off, the usual sign of victory is some sort of financial freedom. The assumption is that building a business will free you from all the financial…

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Types Of Chairs That Best Suits Your Daily Needs

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There is a common fact that sitting for a longer time at the same position can cause various health issues in the body. Nowadays, m of people are sitting in front of the television, computers, and laptops for work purposes and playing games. People play games on computers and TV to spend their free time peacefully and joyfully. In the present world, everything has become advanced and people started using various technologies to perform work in their own place. They simply sit beyond computers and surf things through the internet…

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Tips for Owning a Small Business

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If you are planning to start up a small business then you need to understand that it is a lot more difficult than it looks, just ask your local Chamber Of Commerce Membership Colorado Springs. Small businesses are generally considered to be less risky, but that is not always true. In fact, small businesses are some of the most strenuous things you can ever do in your life. If you’re the owner of a small business then there are just a few simple tips you should know before you get…

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Google considering taking stake in Vodafone Idea: Report

Loknath Das, , , , , ,

Google’s parent company Alphabet Inc is also looking to buy some stake in Vodafone Idea’s rival Reliance Jio Infocomm, the newspaper reported. Global internet giant Google is looking to buy up to 5 per cent stake in debt-laden Vodafone Idea, the Financial Times reported Thursday. Google’s parent company Alphabet Inc is also looking to buy some stake in Vodafone Idea’s rival Reliance Jio Infocomm, the newspaper reported, without providing details. The report comes almost a month after social media giant Facebook picked up 9.9 per cent stake for Rs 43,574…

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PSU banks loan report: Govt banks lent this much for business, farming during coronavirus months

Loknath Das, , , , , , , , , , , ,

Under the scheme, the banks provide an additional line of credit of 10 per cent of the existing fund based on working capital limits, subject to a maximum of Rs 200 crore. State-owned banks have sanctioned about Rs 6.45 lakh crore worth loans to various sectors including MSME, agriculture and retail between March 1 and May 15 when businesses were reeling under the impact of COVID-19 crisis. Loans sanctioned at the end of May 8 stood at Rs 5.95 lakh crore.  “Loans worth over Rs 6.45 lakh crore were sanctioned…

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Risk-wary banks may stall small business rescue

Loknath Das, , , , ,

Banks wary of bad loans could derail the government’s mega rescue package for small enterprises, industry officials said, since much of the promised money is to be given out as loans. Finance minister Nirmala Sitharaman on Wednesday announced ₹3 trillion collateral-free loans and partially guaranteed ₹20,000 crore of subordinated debt for cash-starved micro, small and medium enterprises (MSMEs). However, the whole plan hinges exclusively on greater lending by banks, which have so far preferred paltry interest from the central bank to greater returns from riskier loans. Experts said private banks…

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