Business Archives - Page 19 of 23

Anil Ambani’s Reliance Communications Hit By Debt, Competition

May 30, 2017May 30, 2017 Loknath DasAmbani's, Anil, by, Communications, competition, debt, Hit, Reliance

Brutal competition and 457 billion rupees ($7 billion) of borrowings have finally caught up with billionaire Anil Ambani’s Reliance Communications Ltd. The Indian wireless operator rattled investors with its first full-year net loss amid signs it’s struggling to repay debt. Its $300 million junk-rated note due in 2020 declined as much as 13.9 cents on the dollar to 70.1 cents on Monday and the stock sank to a record low. Fitch Ratings and Lucror Analytics highlighted a potential liquidity crunch and people familiar with the matter said the company sought…

Asian Shares Post Biggest Gain In A Month

May 25, 2017 Loknath Dasa, Asian, Biggest, Gain, In, Month, post, shares

Hong Kong: Asian stocks posted their biggest daily rise in a month on Monday following modest gains in US shares, though the greenback came under renewed pressure as Washington’s political turmoil undermines confidence in US economic policy. MSCI’s broadest index of Asia-Pacific shares outside Japan edged up 0.9 per cent on Monday helped by gains in Australia and Hong Kong stocks despite fresh curbs unveiled by regulators on the property markets in the latter. “This won’t have much impact on the market as buyers will continue to focus on the…

The Simple 4-Step Method to Find Your Profitable Business Idea

May 22, 2017 Loknath Das4-Step, business, Find, idea, Method, Profitable, simple, The, to, Your

Editor’s note: this article is excerpted from Daniel DiPiazza’s recently released book Rich20Something: Ditch Your Average Job, Start An Epic Business, Score The Life You Want. If you’re reading this right now, there’s a good chance you want to start a business. Or you already have. And if so, you’re probably doing some agonizing about your business idea. No, I’m not a psychic, but I have spent an incredible amount of time during the past five years planning, strategizing, and growing my own company Rich20Something. So I know a thing or…

Anti-dumping duty on Chinese ceramic products likely

May 11, 2017 Loknath DasAnti-dumping, ceramic, Chinese, duty, Likely, On, Products

India is likely to levy anti- dumping duty of $1.04 per kg on import of Chinese ceramic table and kitchenware in an attempt to check cheap import from flooding the domestic market. The commerce ministry’s investigation arm – the Directorate General of Anti-Dumping and Allied Duties (DGAD) – in its preliminary findings has concluded that the products were exported to India by Chinese firms below their normal value. The domestic industry has suffered material injury due to the dumping of “ceramic table and kitchenware, excluding knives and toilet items” from…

How To Weather Any Business Storm

May 10, 2017 Loknath DasAny, business, How, Storm, to, weather

Shutterstock How can you weather the ups and downs of your company? When things are going well, we often forget the low points. But as with anything in life, there are times of success and times of strife. So how do you keep a team level-headed when it comes to the rollercoaster world of business? Dr. Dave Hopson is a retired recon Marine and earned his PhD while studying under the great Peter Drucker. Currently, he’s the managing partner at Triumphus, which offers managing IT consulting services from startup to…

Old Dominick distillery open for business in

May 2, 2017 Loknath Dasbusiness, distillery, Dominick, for, In, Old, Open

troops in Memphis during the Civil War. The family business sold products including a private-label liquor brand, Old Dominick, before Prohibition. D. Canale later ran an Anheuser-Busch distributorship and food division for decades before selling to larger companies. First cousins Chris Canale and Alex Canale describe themselves as fifth-generation owners of the distillery. Buy PhotoSpirit Maker Gregesha Williams (left) talks about the fermentation process during a tour of the new Old Dominick micro-distillery which opened to customers Monday with tours, a tasting room, and gift shop. (Photo: Jim Weber/The Commercial Appeal) Old…