Spanish Justice Divided In Glovo’s Business Model

MADRID, SPAIN – JULY 29: A rider of Glovo on his motorbike on July 29, 2019 in Madrid, Spain. (Photo by Eduardo Parra/Europa Press via Getty Images) EUROPA PRESS VIA GETTY IMAGES The Superior Court of Justice of Madrid (TSJM) has ruled that a deliveryman of the Spanish start-up Glovo is not a false self-employed. The ruling equals the number of sentences endorsing Glovo’s business model with the number of sentences in favor of the ‘riders’. The Spanish start-up, founded in Barcelona four years ago, has become an international platform…

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Why You Should Treat Retirement Like A Startup Business

Have you ever worried if you’ll run out of money? Can you imagine a point where you might wonder how you might bring in that next dollar? Are you thinking you might have to cut expenses in order to stay afloat? Who do these anxieties describe? An entrepreneur? A retiree? Trick question! It’s both! More and more financial experts now recognize the similarity between living a comfortable retirement and running a sustainable business. And if you’re thinking of retirement, you just might want to pay attention to what they say.…

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10 Examples of Businesses That Could Inspire Your Next Business Idea

Whether you’re interested in starting an online life coach business or developing technology for virtual reality or offering a decluttering service. Before you launch your business, here are 10 examples of different kinds of businesses you can gain insights and strategies from: 1. Hello Pretty Hello Pretty is the South African equivalent of Etsy. Etsy South African’s sell handmade items of all kinds, from clothing, jewellery, art, digital and even pet-related products. If you’re a creator, then this could be the business idea for you. Before you start designing your…

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Tata Motors Rating: Hold; Subdued performance across the business

The outlook for India business is also hazy both on margin and volumes. Tata Motors (TML) reported a 35% underperformance in Q1FY20 consolidated Ebitda (down 41% y-o-y) due to lumpy cost at JLR and fall-off in India volumes. On JLR, management reiterated the 3–4% Ebit margin guidance for FY20 (despite a weak Q1) as: (i) the worst is behind in China; and (ii) marketing (VME) and warranty cost would reduce going ahead. The India business suffered from a sharper-than-expected downshift in demand, which management expects to improve ahead. However, demand outlook…

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Global business leader Indra Nooyi calls on Australia to fill the MCG on International Women’s Day 2020

Globally-recognised business leader and International Cricket Council Director Indra Nooyi has put out a rallying cry for Australia and the world to celebrate equality and empowerment at next year’s ICC Women’s T20 World Cup Australia 2020. Mrs. Nooyi, twice named on TIME’s global list of ‘100 Most Influential People’ and visiting Australia this week for speaking engagements, was taken on tours of the Melbourne Cricket Ground and Sydney Cricket Ground, which will host the semi finals and final of the ICC Women’s T20 World Cup respectively, to be played across…

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Indian businesses ahead of global peers in preference for PE: Report

About 56% of family-owned businesses in India will seek private equity funding as they look to grow their businesses, a new survey found. Globally, just 39% such businesses are willing to partner PE funds, it added. According to India’s Family Business Survey 2019 by audit and consulting firm PwC, 29% of Indian businesses were currently sourcing funds from PE and venture capital firms, against just 16% worldwide. About 25% of Indian family businesses were about to start using PE capital, the report said. PwC interviewed 2,953 family businesses globally for the survey,…

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