Business Archives - Page 5 of 23

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

June 19, 2019June 19, 2019 Loknath DasAustralia, business, Calls, Day, fill, Global, Indra, international, leader, MCG, Nooyi, On, The, to, women’s

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…

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

June 18, 2019June 18, 2019 Loknath DasAhead, Businesses, for, Global, In, Indian, of, PE, peers, preference

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,…

DJI gets into the battling robot business

June 12, 2019June 12, 2019 Loknath Dasbattling, DJI, Gets, Into, The, ‘robot

A little less than a month ago, DJI branched out from the world of gimbals and drones with the release of the Osmo Action, a new action camera that put GoPro firmly in the company’s sites. Now it’s back with another new category: educational fighting robots. The RoboMaster S1 seems like an odd fit at first, but the company’s quick to point out that robotics are an important part of DJI’s DNA. Founder and CEO Frank Wang studied robotics in school, and in recent years, the company has put on a series of robotic fighting tournaments in…

SpiceJet Offers Business Class Seats on Boeing 737 Acquired from Jet Airways, Discounts Upto 40 Percent

May 8, 2019 Loknath Das40, 737, Acquired, Airways, Boeing, business, Class, Discounts, From, Jet, Offers, On, Percent, seats, SpiceJet, Upto

Gurugram –based carrier Spicejet is now offering fares at 30-40% less than its competitors. Reports citing experts suggest that the average business class fares are likely to moderate in the near future following the conclusion of operation of India’s largest provider, Jet Airways. The company is offering lowered price on domestic routes between major cities like Delhi, Mumbai, Kolkata, Bengaluru and Hyderabad starting May 11. Since Jet shuttered, SpiceJet is operating the Boeing 737-800 aircraft with the unchanged seat configuration including the business class cabin. So far, SpiceJet has inducted…

Softbank may invest in Jio as Mukesh Ambani deleverages business

April 24, 2019 Loknath DasAmbani, As, business, deleverages, In, Invest, Jio, May, Mukesh, Softbank

NEW DELHI: Japan’s Softbank is reportedly looking to make a $2-3 billion investment in India’s fastest-growing telecom firm Reliance Jio as billionaire Mukesh Ambani looks to deleverage business by selling stakes. This comes on the back of reports of Saudi giant Aramco in discussions to buy a 25% stake in Reliance Industries’ refining and petrochemical business for $10-15 billion. “Softbank has long been seen as a potential investor in Jio,” JPMorgan said in a research report.”For the past 2 years, our conversations with investors have highlighted expectations of Softbank investing in Jio and hence…

Redefine business through Industry Internet of Things

April 14, 2019 Loknath Dasbusiness, Industry, internet, of, Redefine, Things, through

The fourth wave of the Industrial Revolution, Industry Internet of Things (IIoT) is not only redefining the businesses but also the complete ecosystem. McKinsey reported that B2B IIoT applications would contribute around 70% to the global estimated market of $11.1 trillion by 2025. The traditional business models will be no help to the existing business to gain a competitive advantage, and thus business leaders have to rethink and discover new ways, designs and business models embracing IIoT. Non-ownership business models provide an excellent opportunity to carve mutual benefits by sharing…