Businesses Financial News
11.09 / 06:03
Provident
COMPOSITE
Enterprise
businesses
Indian
What GST data reveals about Indian businesses | Mint Primer | Mint
Granular data from the Goods and Services Tax Netw... moreGranular data from the Goods and Services Tax Network (GSTN) provides valuable insights into business composition and tax contributions.
08.09 / 17:25
Digital
Microsoft
Progressive
Google
Strategy
country
businesses
Successive governments have taken Canada's economic security for granted, businesses say
It may seem on first blush that Canada has taken a number of steps to protect its businesses in the past few years, given it has restricted Chinese companies from investing in this country’s critical minerals sector and introduced cybersecurity bills to protect critical infrastructure.
07.09 / 13:09
Blockchain
Provident
Platform
Strategy
Fallout
Gemini
businesses
Understanding crypto custody: What different solutions entail for investors and businesses
As crypto continues to cement itself into our financial system, the question of custody, or how individuals and entities should hold their assets, is becoming increasingly important. This is especially true following the fallout of multiple centralized platforms last year, such as FTX and Gemini, which caused many investors to lose their crypto holdings.
07.09 / 02:09
UPS
CEO
Tencent
Baidu
social
businesses
Tencent releases AI model for businesses as competition in China heats up
Chinese tech giant Tencent is launching its artificial intelligence model «Hunyuan» for business use at an annual summit on Thursday, Dowson Tong, CEO of the cloud and smart industries group at Tencent, told CNBC in an exclusive interview ahead of the event.
07.09 / 01:07
Digital
awards
stage
businesses
ET Startup Awards 2023: Jury will look for cash flow-generating businesses with a worldview
profitability, and create not for Bharat alone but also the world, are what the jury expects from the nominees. Also, founders must have built positive unit economics businesses amid the global liquidity squeeze. Today, Roshni Nadar Malhotra, chairperson, HCLTech, and Shekhar Kirani, partner, Accel (Winner of ETSA 2022 Midas Touch award) tell us what they're looking for.Roshni Nadar Malhotra, chairperson, HCLTech «Indian startups are solving complex market problems at speed and scale, and we have seen some great successes. I will look for sustainable business models and the ability to generate cash flows and profitability. Indian startups should focus on creating a wealth of intellectual property (IP) for the nation, and stay the course for the long run.
06.09 / 20:09
UPS
Manufacturing
RAI
businesses
open
G20 Summit: Retailers, traders seek 2-hour window to open businesses in Delhi
New Delhi district has been declared a «controlled zone» during September 8-10 due to security reasons and to avoid traffic congestions. All commercial establishments will also remain closed. The Retailers Association of India (RAI) has written to the Delhi government requesting permission to keep the outlets open for a brief time.
06.09 / 17:15
Provident
Digital
Amazon
Microsoft
Apple
TikTok
businesses
Big Tech's core businesses face overhaul under EU tech rules
By Supantha Mukherjee and Martin Coulter
04.09 / 19:05
Citi
businesses
UHNIs, corporate businesses set to lead hotels sector
real estate firms and landlords to enter the hospitality space. Now, new-age investors are attracted to the sector’s long-term growth potential, supported by India’s current economic growth and rising disposable incomes. Furthermore, India’s future growth in hotel supply is set to extend well beyond the urban centres, the report said, adding that a significant number of new hotel signings will originate from tier-II and III markets, primarily via conversions and rebranding, particularly in the mid-scale segment.
04.09 / 11:25
01.09 / 15:31
UPS
Citi
FIVE
Waters
Airlines
businesses
Flights scrapped, businesses shut as super typhoon Saola nears Hong Kong, Guangdong
By Farah Master, Joyce Zhou and David Kirton
01.09 / 09:14
Target
SEC
Action
Align
Forbes
Browser
social
businesses
Greenwashing May Be The Next Legal Challenge For Businesses
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01.09 / 01:17
Citi
Citizens
Progressive
Waters
Airlines
Cathay
businesses
Schools
Super Typhoon Saola: Hong Kong comes to a standstill; businesses, schools, stock exchange shut
Super Typhoon Saola is poised to strike Hong Kong with its formidable force, as authorities have elevated the strong wind signal to No.8, prompting the closure of schools, businesses, and even the stock exchange. This impending natural juggernaut, boasting wind speeds exceeding 200 kmph, is predicted to chart a course towards eastern Guangdong, the adjacent Chinese mainland province. The impending typhoon has triggered the issuance of the highest typhoon alert by Chinese authorities, marking the potential for one of the most potent typhoons to hit Guangdong since 1949.
31.08 / 00:53
UPS
Digital
Compilation
Pool
Bottomline
country
businesses
Value of fintech-led businesses to rise to $400 billion by 2030: report
The sector will tap into a revenue pool of around $70 billion, out of the overall financial services revenue pool of $620 billion by FY2030, according to The Bottomline: Elevation Fintech Report 2023. With over 9,000 fintech startups, India now has the world’s third largest fintech ecosystem after the US and UK, it added. The report, published by Elevation Capital and consultancy major McKinsey India on Wednesday, was compiled after interviews with over 20 industry leaders and a survey of more than 70 fintech founders and industry experts. Elevation Capital, earlier known as Saif Partners, has invested in startups like payment major Paytm, insurtech unicorn Acko, lending startup Axio (previously Capital Float), neobank Fampay, buy now pay later player Uni and others. Around $70 billion to $80 billion each have been pumped into retail lending and digital payments. SME lending as a sector has attracted around $55 billion while wealth management has brought in $40 billion to $45 billion, the report said. Between 2018 and 2022, equity infusion has gone up to $6 billion from around $2 billion, the report found.
30.08 / 18:27
Action
Airlines
Boeing
Intel
Micron
country
businesses
Raimondo’s China Tour Offers Glimmer of Hope to Battered U.S. Businesses
airport, was a reminder of the difficulty U.S. companies face. Chinese airlines resumed flights with the 737 MAX in January, but the simmering U.S.-China trade dispute has limited deliveries to a handful of other Boeing aircraft in recent years and all but halted new orders.
29.08 / 17:45
country
businesses
Grant
G20 summit: Delhi govt directs shops, businesses, and commercial establishments to grant paid holidays to their employees
shops in the national capital will have to remain closed from September 8 to September 10 in view of the G20 Summit that will be held in Delhi, and all employees in Delhi will be granted ‘paid holidays’ on these days. The government has directed shops, businesses, and commercial establishments in the New Delhi district to grant paid holidays to their employees and workers during the G20 summit. The Delhi government had issued a notification declaring a public holiday in the national capital on September 8–10.
29.08 / 06:01
Reuters
businesses
Byju's restructures businesses; consolidates verticals into two
The company's chief business officer Prathyusha Agarwal, Mukut Deepak (business head for class 4 to 10) and Himanshu Bajaj (head of tuition centers) has quit, a spokesperson for Byju's said, as per Reuters. More to follow...
28.08 / 19:05
Target
BLOCK
Microsoft
Platform
Enterprise
businesses
OpenAI releases ChatGPT Enterprise to target large businesses
Artificial intelligence leader OpenAI said on Monday it is releasing a version of ChatGPT targeted to large businesses, increasing the overlap in what OpenAI and its financial backer Microsoft offer to customers. ChatGPT Enterprise offers more security, privacy and higher-speed access to OpenAI's technology, the company said. Early customers include Block, Carlyle and Estee Lauder Companies. When OpenAI released the consumer-focused ChatGPT in November, it set off frenzied use of generative AI in daily tasks from writing to coding, and reached 100 million monthly active users in January. Many people in the U.S.
28.08 / 17:33
27.08 / 09:55
COST
Waters
Extreme
Action
Strategy
cover
social
businesses
events
Fine
strategies
Extreme weather events to stay, businesses should fine-tune strategies towards ESG: Sanjiv Puri
ITC Chairman Sanjiv Puri said on Sunday. Addressing the B20 Summit organised by the CII here, Puri said extreme weather events are impacting the earth as well as human life and requires a lot of attention. Extreme weather events have a deep impact on nature and therefore also on the Global South.
26.08 / 10:59
UPS
Entertainment
Enterprise
stage
cover
exclusive
Explainer
businesses
settlement
Mint Explainer: CCI's anti-trust case settlement and its impact on businesses
ease of doing business and to make the competition regulation regime world class. The two schemes are available for those facing or have faced investigations for abuse of dominance or for entering into anti-competitive agreements other than cartels. These anti-competitive agreements could be among enterprises or persons at different stages of the production chain.
26.08 / 09:05
Provident
Digital
Platform
MasterCard
Enterprise
social
Frontier
businesses
Support
Airtel Payments Bank partners with Frontier Markets, Mastercard to support 1 lakh women-owned businesses
small and medium enterprises (MSMEs) constitute 20% of all MSMEs yet receive only 5% of the total financing provided by public-sector banks. According to the experts, women in India are often less digitized and receive less training to build their businesses. However, when properly supported, women entrepreneurs are more likely to hire women, more likely to repay credit and more likely to share increased income with their families and communities, serving as core drivers of inclusive economic growth.
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