Apr 222016
 
China overtakes US as world’s largest business travel market

China’s business travel market has overtaken the United States to become the largest in the world, the Global Business Travel Association (GBTA) has revealed. According to the latest GBTA BTI Outlook for China, the Asian country edged ahead the US in terms of total business travel spending at the end of 2015, by US$1 billion. China’s business travel sector was worth US$291.2bn in 2015, compared with US$290.2bn in the US, but this gap is likely to continuing growing, with China’s business travel spending forecast to […]

Apr 072016
 
China to overtake US as world’s top business travel market

This is the year to take stock of the corporate travel sector and the current trends in the Asia-Pacific as the region’s economic outlook continues to dominate global growth. The corporate travel spend in the region reached US$459 billion in 2014, with projected growth of 7.7 per cent in over the next five years. The China market is of particular interest. Despite lower oil prices and a shift away from public sector consumption towards individual consumption, China remains set to overtake the United States as […]

Nov 042015
 
Let's Take a Look at World's Top 10 Economies for Doing Business

Singapore remains the easiest place to do business, while developing countries stepped up their pace of business-friendly reforms in the past year, according to World Bank’s annual “Doing Business” report, which covers 189 economies. China, the world’s second-largest economy, slipped one notch to 84th place. The report, now in its 13th year, looks at the regulatory environment for small and medium-sized companies to see how it hampers or helps them conduct business, from starting up and paying taxes to registering property and trading across borders. […]

Jan 292015
 
Australia ranks 10th in the top ten business-friendly countries in the world

With constant talk of unreasonably high penalty rates and the barriers created by red tape, Aussie small business owners may be surprised to learn Australia is considered to be one the easiest places in the world to run a business. The World Bank has placed Australia in the top ten business-friendly countries in its latest Doing Business 2015 report. Australia is ranked 10th on the list, hot on the heels of the US (eighth) and Finland (ninth). Singapore topped the list, while our rival from […]

India becomes the most difficult country to do business: Survey

 Business, India  Comments Off on India becomes the most difficult country to do business: Survey
Mar 232014
 
India becomes the most difficult country to do business: Survey

India has emerged as the most difficult country to do business, followed by Indonesia and the Philippines. According to the latest study, Thailand and Malaysia have emerged as the easiest for foreign investors. India as the country having highest external political risks due to security threats posed by Pakistan. China is in second spot in terms of external risks, as it is encountering friction with many of its neighbours. This category listed 22 Asian nations. Contributed By Sonia Narula

How RBI and Govt Could Consider to Protect the Rupee

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Jul 102013
 
How RBI and Govt Could Consider to Protect the Rupee

The fall in the rupee to record lows has raised the prospect that the government or the central bank could take steps to support a currency seen particularly vulnerable because of a record high current account deficit. Below are measures the RBI and govt could consider to protect the rupee: Dollar-window for oil companies: The RBI could open a dollar window for oil companies to buy dollars directly from the central bank instead of buying from markets, but it would drain foreign exchange reserves. Dollars […]

Apple awarded $1bn in damages from Samsung in US court

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Aug 252012
 

A US jury has ruled that Samsung should pay Apple $1.05bn (£665m) in damages in an intellectual property lawsuit. It said several of Samsung’s devices had infringed iPhone-maker Apple’s software and design patents. The jury rejected Samsung’s claims that several of its patents had been breached and awarded it no damages. Apple may seek an import ban of some of its rival’s products, blocking them from the US market. Samsung has said it will appeal against the ruling. “We will move immediately to file post-verdict […]

 Posted by at 7:16 am

IIM professors Ravindra Dholakia and Samar Datta praises the agricultural growth in Gujarat

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Aug 242012
 

Ravindra H. Dholakia (Economics Professor) and Samar K. Datta (Professor at the Centre for Management in Agriculture) recently praised the agricultural growth in Gujarat. Below is what they said in just one paragraph:- The amazing growth in Gujarat agriculture during the last decade has attracted a lot of attention in the national and international agricultural policy related bodies. A near double digit annual real growth rate of agriculture over a span of more than a decade in Gujarat has become a phenomenon most have chosen […]

 Posted by at 5:00 am

Eight Indian companies in Fortune 500 list; IOC, Reliance lead pack

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Jul 102012
 

Eight Indian companies have made the cut in the list of world’s 500 largest companies compiled by Fortune magazine, with Indian Oil and Reliance Industries finding a place in the top 100. Out of the eight, five are state-run entities. With an annual revenue of $86,016 million, Indian Oil has cornered the 83rd spot up from 98th place last year. MukeshAmbani-led Reliance Industries is the first Indian private firm to made into the top 100 list. With an annual revenue of $76,119 million, RIL, has […]

 Posted by at 10:25 am

Facebook’s growth rate slowing down: Report

 Business  Comments Off on Facebook’s growth rate slowing down: Report
Jun 122012
 

Washington, June 12 (ANI):  Social networking giant Facebook’s growth appears to be slowing down, especially in the United States, according to a report. According to the data, users spent more than six hours a month on the site in April, up 16 per cent from the prior year, The Sydney Morning Herald reports. A report in the Wall Street Journal, citing data provided by ComScore, said that US visitors to the social media site rose five cent in April to 158 million. That’s the slowest […]

 Posted by at 8:28 am

Lend a hand and spread the cheer: Touching the lives of kids

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Jun 012012
 

With a constant endeavor of not only driving organizational but also social growth and development, CHD Developers has started yet another heart-warming and credible CSR campaign – “Lend a Hand and spread the cheer”. An extension of their special social sensitization program “Komal Ankur”, this campaign has been designed to provide the not so fortunate children with the most basic need – the need of clothing. Through this initiative every employee at CHD Developers was invited to donate clothes, stationery and toys at CHD’s corporate […]

 Posted by at 11:57 am

EMAAR MGF Counsel Diljit Singh Ahluwalia’s rebuttal statement To CBI

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May 142012
 

“While arguing the Anticipatory bail petition, Dil  Jit Singh Ahluwalia, Counsel for Shravan Gupta, MD, Emaar MGF Land Ltd, strongly contended that there is no whisper is in the charge sheet or the supplementary charge sheet with regard to the alleged ED raid or swiss bank account, as brought out by the counsel for the CBI during oral arguments. Thus, apart from the fact that it is impermissible to rake up such issues before the court with the oblique motive of prejudicing the Court, the […]

 Posted by at 11:04 am

Gujarat attracted investments of Rs 9,000 crore on solar energy projects

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Apr 252012
 
Gujarat attracted investments of Rs 9,000 crore on solar energy projects

The Chief Minister, Mr Narendra Modi, will inaugurate the first of a series of this project, known as Canal Solar Power Project, when he launches a 1 megawatt (mw) pilot project, which is already commissioned, on Narmada branch canal near Chandrasan village of Kadi taluka in Mehsana district on Tuesday. Close on heels of commencing use of wastelands in northern districts and rooftops in towns and cities, Gujarat is set to potentially use the existing 19,000 km-long network of Narmada canals across the State for […]

 Posted by at 8:02 am

$80.2 million goes into Govt kitty as profit petroleum from D6

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Mar 092012
 

In spite of advanced technology, reservoir uncertainties are part and parcel of the industry. P. M. S. PRASAD, EXECUTIVE DIRECTOR, RELIANCE INDUSTRIES LTD While the Government’s loss is only lower profits, the contractor stands to lose his investment. Be it gas pricing or falling output from the country’s largest gas fields, Mr P. M. S. Prasad, Executive Director, Reliance Industries Ltd, is held responsible for all. Once a backroom boy of Mukesh Ambani’s petroleum business, today he is the most sought-after man in the sector. Reliance […]