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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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Unhealthy food at work may up risk of lifestyle ailments

Employees who purchase unhealthy food at office may indulge in such diet outside work as well, increasing their risk of lifestyle ailments such as obesity, diabetes and cardiovascular disease, a study suggests. A recently conducted study demonstrated that employees at a large urban hospital who purchased the least healthy food in its cafeteria were more likely to have an unhealthy diet outside of work, be overweight and obese. They also were more likely to have risk factors for diabetes and cardiovascular disease, compared to employees who made healthier purchases. These…

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State of Economy-VI: Booster investment dosage needed to fire-up slacking consumption

MUMBAI: A booster dose of government and private sector spending along with cheaper rates of finance are required to kick-start India’s consumption driven demand, industry observers opined. To put it simply, the overall economic growth is expected to decline on the back of slacking consumption due to farm distress, global headwinds and stagnant wages. These have cumulatively hampered sales, thereby restricting production and as a result stalled job creation. Furthermore, the slowdown has become evident in sectors such as automobile, FMCG and aviation. “Consumption in India has slowed due to several factors, including low…

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Redefine business through Industry Internet of Things

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…

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The Discredited Value of Humility in Education

As we await the reign of artificial intelligence, is it too late to refine the idea we have of purely human intelligence? The Daily Devil’s Dictionary explains. According to the British Psychology Society, various studies prove that “intellectual humility correlates with superior general knowledge.” These findings may surprise or even disappoint quite a few people, such as the experts routinely invited by the media to explain complex problems, journalists on American news stations (Fox News, MSNBC and CNN, to cite only those three), mainstream politicians and a fair number of bloggers….

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8 Quotes That Define The State Of Social Media Today

Social media logos: Facebook, Twitter, Instagram, Youtube, Pinterest, Snapchat, LinkedIn, etc. GETTY Last month’s annual Social Media Marketing World in San Diego featured a bevy of top speakers, many of whom focused on connecting with customers as the key to successful marketing campaigns. Here are 8 quotes from 8 different speakers which drive home the point that now more than ever, customers are in charge of a company’s success or failure. “We trust each other more than ever. We trust brands less than ever.” – Jay Baer There has been a distinct power…

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