Business Archives - Page 6 of 22

From inspiration to influence: how to harness storytelling for business success

March 19, 2019 Loknath Dasbusiness, for, From, harness, How, influence, inspiration, storytelling, Success, to

The 11 chapters are spread across 270 pages, and make for an informative read. There is also a five-page story index which effectively illustrates the principles of story tagging and taxonomy. Shawn Callahan is a storytelling author, trainer, and coach. Based in Melbourne, he has worked with companies ranging from Danone and Allianz to SAP and Tesco. He is the founder of Anecdote, whose consulting programmes are delivered in eight languages. Shawn holds a bachelor’s degree in geography and archaeology from the Australian National University. “Smart organisations are investing in helping…

Gender Parity: Where Business Meets Social

March 18, 2019 Loknath Dasbusiness, gender, meets, Parity:, Social, where

When the United States and India held the eighth annual Global Entrepreneurship Summit in late 2017 in Hyderabad, it seemed fitting that the theme they chose was ‘Women First, Prosperity for All’. A few months later in Davos, Christine Lagarde, the Managing Director & Chairwoman of the International Monetary Fund, indicated that India could add an additional $800 Billion to its GDP if the representation of women in the workforce reached the same as men. Discussions around gender parity has moved beyond being one espoused by a fringe driving a feminist…

Millennials look to revamp old family businesses

March 11, 2019 Loknath DasBusinesses, Family, look, Millennials, Old, Revamp, to

When Bengaluru-based Chaitanya V. Cotha, the scion of the 150-year-old C. Krishniah Chetty (CKC) Group of Jewellers, joined his family business in 2010, he identified an important market that his family hadn’t given much thought to. “For my father, business to business (B2B) wing of the business was never a focus area,” says the 31-year-old. Owning it up, Cotha got on the road for 20 days a month, meeting potential small jewellers who could sell the CKC products. Within 18 months, the CKC Group started to supply their products to…

RBI eases business guidelines for white label ATMs

March 8, 2019 Loknath DasATMs, business, Eases, for, guidelines, Label, RBI, White

MUMBAI: RBI has eased business guidelines for white label ATMs allowing companies that manage these machines to source cashdirectly from the central bank, offer non bank services like bill payments and advertise even non financial products in their premises, increasing the revenue earning scope for these companies. White label ATM Operators (WLAO), can now source cash directly from RBI offices and currency chests, and will no longer be dependent on sponsor banks for procurement of cash. The RBI has allowed the operators to source cash from any scheduled bank including rural and cooperative banks, it…

Rain industries Q4 CY18 review: Business in transition; accumulate on dips

March 1, 2019March 1, 2019 Loknath DasAccumulate, business, CY18, dips, In, industries, On, Q4, Rain, Review, Transition

Rain Industries reported a weak set of Q4 CY18 earnings. Its earnings were anticipated to be subdued due to delayed permission to import a key raw material, green petroleum coke (GPC) and a continued import ban of calcined petroleum coke CPC) used for blending key product. But what really caused the disappointment was the adverse impact of high-cost inventory. Result analysis Volume trend in product sales Key negatives High-cost inventory continues to impact profitability of most chemical products in carbon (68 percent of total sales) and advance materials (25 percent of total sales) segments.…

Pakistan, Saudi Arabia hold business conference to boost economic ties

February 18, 2019 Loknath DasArabia, boost, business, conference, economic, hold, Pakistan, Saudi, ties, to

Pakistan and Saudi Arabia on Monday held a joint business conference to strengthen bilateral economic ties, a day after they signed seven agreements worth USD 20 billion to promote trade and investment in the cash-strapped South Asian country. Saudi Crown Prince Mohammad bin Salman, who is also Saudi Arabia’s defence minister, arrived on his maiden trip to Pakistan on Sunday. He will arrive in India on February 19 on his first official visit. Counterterrorism and energy security are expected to top the agenda for discussions during the two-day trip. Pakistan…