business

Investors Use Indexes to Play in the Video Game Business

ImageCompanies like Amazon, Google and Microsoft are introducing new streaming video game capabilities.The biggest video-gaming-specific fund, the ETFMG Video Game Tech ETF, which started in 2016, has only $92 million in assets.

L&T bags 'significant' orders across various business segments

Stock Analysis, IPO, Mutual Funds, Bonds & MoreThe orders fall under "significant" category which ranges between Rs 1,000 crore and Rs 2,500 crore.46 AM ISTReutersL&T said its power transmission and distribution business has secured orders for multiple clients in the domestic and international markets.

Bank of Baroda to foray into e-commerce business

The bank said it will offer various kinds of banking services and farm-related products on its e-commerce platform.56 PM ISTBCCLThe online platform partner will be required to provide assistance to merchants on catalog management, purchase management fulfilment, pricing, promotion and other similar services.

Beauty & wellness business has market potential of Rs 80,000 crore in India: Skills development minister

18 PM ISTBCCLUnder the Skill India Mission, nearly one crore youth are being presently imparted skills training annually.Skills development minister Mahendra Nath Pandey Tuesday said beauty and wellness business in India has a market potential of Rs 80,000 crore and can provide employment opportunities to lakhs of people.

Tata settles $7.3 billion of dues to complete sale of mobile business

and Tata Teleservices (Maharashtra).By Baiju Kalesh and P R Sanjai

India’s Tata Group paid lenders and the government about Rs 500 billion ($7.

Coal India to roll out business blueprint for ERP

Once the board clears the decks the blueprint will become a standard operating procedure at Coal India and all its subsidiaries covering seven modules under ERP.05 PM ISTGetty ImagesThe ERP is in line with the Five Year Vision Document of Ministry of Coal.

The Week in Business: Nike Faces a Sneaker Critique, and Christine Lagarde Needs a Replacement

Business|The Week in Business: Nike Faces a Sneaker Critique, and Christine Lagarde Needs a Replacementwith interestAlso, Facebook is working to filter out misleading (and annoying) health content.That they actually don’t need a reason to demand the documents (even though it’s perfectly clear: they’re investigating Mr.

Shaquille O'Neal Discusses Leveraging NBA Fame to Score in Business

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Lee Iacocca, Father of Mustang and Minivan, Dies at 94
7/3/2019 8:34AM
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Charismatic auto executive Lee Iacocca became famous for orchestrating a stunning turnaround of Chrysler in the 1980s with aid from Congress.

Buyout giants in talks with Wockhardt for domestic formulations business

MUMBAI: Buyout funds Apax Partners, Blackstone, Carlyle and KKR are in talks with Wockhardt Ltd, one of India’s oldest drug makers, to acquire a substantial stake in its domestic formulations business, said people aware of the discussions.For FY19, Wockhardt had posted revenues of Rs 4,158 crore, with its India business contributing 36%.

Goodbye Lee Iacocca and the Era When Car Business Was King

Charismatic auto executive Lee Iacocca became famous for orchestrating a stunning turnaround of Chrysler in the 1980s with aid from Congress.He also oversaw the development of the minivan, which transformed the way families traveled.

Delaware: Where The World Chooses To Do Business

When you combine these features with Delaware’s signature business-friendly attitude, varied talent pool and low cost-of-doing business, Delaware is hearing from more and more manufacturing companies looking to grow or relocate.The new Delaware distribution center will house main and outbuilding facilities totaling over 188,609 square feet.

Strides Pharma arm signs pacts for sale of Australian business to Arrow Pharma

The company said it expects the transaction to close on or around July 10, 2019.35 AM ISTGetty ImagesEarlier this year, Strides Pharma Science had decided to exit its investment in Arrow Pharmaceuticals for Rs 1,900 crore.

Renewing Business: Setting The Bar High In Nevada

In Nevada, we’ve seen roughly 45 renewable energy projects developed through the Governor’s Office of Energy’s Renewable Energy Tax Abatement Program.But when AviSight’s tech-savvy leaders decided to locate the company’s headquarters in Henderson, Nevada, traditional values played an important role in their choice.

Business Spending Is on the Brink

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With the stock market near a record high, interest rates low and consumer spending solid, it seems like companies should be eager to invest.Indeed, nondefense capital goods excluding aircraft, which economists use to get a read on overall business investment, rose just 0.

The Week in Business: Stocks Hit a Record High, and Facebook Wants to Replace Your Bank

Business|The Week in Business: Stocks Hit a Record High, and Facebook Wants to Replace Your Bankwith interestPlus, tensions with Iran reach a boiling point and Trump’s meeting with China’s president.Same Rates, New StoryThe stock market hit a record high on Thursday after the Federal Reserve chairman, Jerome H.

Mercedes-Benz: Doing business in India complex, need policy certainty: Merc

41 AM ISTBCCLWith luxury car market attracting highest tax rates under GST and being targeted frequently by green activists and courts, Mercedes-Benz has said that doing business in India has become complex, and policy clarity is needed to gain a strong traction.However, he added that there can be "distortions" as the market migrates from BS4 emission norms to the stricter BS6 regime.

Biocon board approves sale of branded formulations business to subsidiary

The Board of Directors in its meeting approved the sale of Branded Formulations India (BFI) business to Biocon Biologics India (BBIL).31 PM ISTBCCL(Kiran Mazumdar Shaw , Chairman & managing Director , Biocon Limited )Pharma firm Biocon Monday said it will sell Branded Formulations India (BFI) business on a 'going concern' basis to its subsidiary Biocon Biologics India Ltd for Rs 45 crore.

Auditors being ‘irrational’ for doubting Reliance infrastructure’s business: Punit Garg

We will be monetising assets worth Rs 3,000 crore before March 2020.We had debt of more than Rs 19,000 crore, which we have managed to reduce to less than Rs 6,000 crore in FY19; by next year we hope to be debt-free.

The Week in Business: Oil Tankers Are Under Attack, and the Grocery-Delivery Battle Heats Up

On to the top business news!Dangerous WatersOil prices ticked up after two tankers were attacked in the Gulf of Oman, a shipping gateway for much of the world’s petroleum.

Engine Behind ‘Fortnite’ Is Harnessed to Power Business Technology

When combined with virtual-reality headsets, gaming engines let designers and engineers create products, visualize elaborate designs and even build employee training programs.The company plans to release 18 new cars from 2018 to 2025, all involving the use of gaming engines.