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Category: Business

Future Group to diversify into cloud kitchen business

Loknath Das, , , , , , ,

In a cloud kitchen concept, operators prepare, package and deliver food without providing any dine-in facility to end-consumers. SHAMBHU KALAN: Future Group will soon venture into the delivery of cooked foods from its kitchens as part of consolidation of food business, according to its Chief Executive Officer Kishore Biyani The group is looking to leverage its digital wallet FuturePay to deliver affordable meals at the doorsteps of consumers under the cloud kitchen concept. “Now, we are talking about cloud kitchen and ready-to-eat food at customers’ home at Rs 40. That is another project…

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Closing Bell: Sensex closes 373 points higher, Nifty above 10,600; FMCG leads rally

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

Market at Close Shares were off to a flying start on Monday, thanks to a sharp rally among consumption names in the last couple of hours Among sectors, financials, automobiles, consumption, and IT names were in the green, while investors sold metals and pharmaceuticals segments. In the broader markets, Nifty Midcap index underperformed benchmarks, but closed with gains of around 0.2 percent. At the close of market hours, the Sensex was up 373.06 points or 1.07% at 35354.08, while the Nifty ended higher by 101.80 points or 0.97% at 10628.60.…

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How Branding Can Boost Your Business

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You should always be looking for ways to get your business in front of more people. By exploring branding services, you can get the notoriety that you are looking for. Boat wraps, vehicle wraps, and including your logo in a variety of different other areas can make it easier for people to see your logo and establish name recognition within your community. Include Your Logo Any time that you are branding yourself, you need to include your logo. Consider every major business that you can think of. You will likely…

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Podcast | Digging Deeper – India’s surge on World Bank’s Ease of Doing Business Index

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

So you’ve heard the news, I assume. As the central government finds itself caught in a battle of wills with the RBI, this news should provide some cheer for the folks in the upper echelons of the administration. India has once more jumped a few places in the “ease of doing business” rankings. 23 places to be precise, so more than just a few. Besides the catchy name, what’s great about that list is that it acts as a fairly reliable weathervane for judging the business climate in any economy. The World…

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Missed opportunities: 9 poor business decisions that would have changed history

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

Excite could have purchased Google for $7,50,000 | Back in 1999, founders of Google, Sergey Brin and Larry Page, decided to offer their then-nascent company to Excite, one of the most widely recognised online portals of the 90s, for $1 million. CEO George Bell wasn’t too excited about the deal, even after the duo brought down their asking price to $7,50,000. Today, with a market cap of $367.6 billion, Google has become one of the biggest tech companies and is synonymous with “search”, while Excite slowly dwindled in its shadow.…

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2020 Tokyo Olympics cost estimate reportedly comes in 7 times over budget

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

e 2020 Olympics and Paralympics — to be held in Tokyo, Japan — are estimated to cost seven times more than what was originally budgeted, Japanese newspaper The Mainichi reported on Friday. Hosting the mega-events would cost Japan 801.1 billion yen ($7.03 billion), the report said, citing the country’s Board of Audit. That’s the agency that reviews government expenditure. Japan, the world’s third-largest economy, had earlier estimated that the games would cost around 112.7 billion yen, according to the report. Hosting the Olympics has become an expensive venture, and a number of past hosts…

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