Tata’s investment in GMR signals business of airports is taking off

With air passenger growth rising year after year in India, the airports business should have attracted investors by the hordes. But on the contrary, investors have been fleeing. Shares of GMR Infrastructure Ltd and GVK Power and Infrastructure Ltd, who hold large stakes in Indian airports, have fallen 57% and 65%, respectively, in the past 10 years, compared […]

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Mediation trumps business as Saudi Crown Prince heads to New Delhi

Saudi Crown Prince Mohammed bin Salman’s two-day trip to India was meant to be about business but a terror attack changed the plan. A suicide bombing on Thursday left 41 Indian soldiers dead in Kashmir, leading the Saudi delegation to calm the situation between India and Pakistan, two of its close allies. Prince Mohammed will arrive in New […]

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Myntra restructures business to comply with regulations

Flipkart’s subsidiary Myntra which drives a large part of its business through exclusive brand tie-ups and private labels has clarified that it does not own any equity stake in sellers on its platform thereby complying with the new FDI norms. The move signals a significant restructuring at Myntra since the company continues to sell brands through third-party merchants instead […]

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Content pays! Meet Mumbai-based ‘sister-preneurs’ who started their business with ZERO investment

Mumbai-based sister entrepreneurs Sulakshna and Seema Wadhwa Seema and Sulakshna Wadhwa, the sister duo who likes to call themselves “sister-preneurs”, quit their well-paying jobs to pursue what their heart wanted. They took the leap of faith and plunged into the world of a full-time business of content with zero investment. Talking to Financial Express Online, […]

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New Orleans area Business Briefs for Jan. 27, 2019

Tax preparation available at SUNO Free tax preparation and financial advice are available at Southern University at New Orleans through the Volunteer Income Tax Assistance/Tax Counseling for the Elderly program. The counseling center is in Room 114 of the SUNO Conference Center, 6400 Press Drive, New Orleans. The office is open from 10 a.m. to […]

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Is Microinsurance Made for India?

Insurance is one of the most vital sectors in India’s financial inclusion plan and yet it is one of the most ignored product lines in the country. According to the Economic Survey 2018, the insurance penetration or the ratio of premium underwritten to the GDP was 3.49 percent in 2016-17 while other Asian countries such […]

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