business

An inside view of India's pencil business and the four families that control it

Complicated manufacturing and investment needs may have a role in keeping new players out of the business.




business

Expect stationery business to get back to double digit growth from Dec: ITC

The company had also brought the Classmate Pulse Selfie notebooks, allowing personalisation of notebooks with a selfie on the cover.




business

Bombay Dyeing draws strategy to revive retail business

The reinvention started more than a decade ago, soon after the company decided to exit textile manufacturing.




business

Lacasa store concept will grow our business 2 times by 2020: Manish Bhatia, HSIL

We will be investing approximately Rs 2-3 crore each in setting up 10 Lacasa stores covering around 40,000-50,000 sq. ft. area till 2020.




business

Jaquar aims to make lighting Rs 1,000 cr business in 2-3 yrs

The capex for FY'18 is about Rs 300 crore to expand lighting and bathroom fitting plants




business

Sanjay Kalra appointed as President of HSIL's Bath Products Business

Kalra was earlier associated with HSIL as Senior Vice President – Sales. Prior to joining HSIL, Kalra has held leadership positions at Sintex Industries, Somany Ceramics, and Pidlite Industries.




business

Stationery business on rise in Koramangala

The business of fine writing instruments is growing in tandem with other luxury segments in Koramangala and its surroundings.




business

200% import duty hike to hit toy business in India: Importers

The Centre, in the Union budget presented by Finance Minister Nirmala Sitharaman, has proposed raising the import duty on toys from 20 per cent to 60 per cent from the next fiscal, saying that the step would support the MSMEs and promote local manufacturing.




business

VLCC ropes in Jayant Khosla, formerly with Landmark, as chief business officer ahead of IPO

Khosla’s mandate will be overseeing the firm’s wellness centres, personal care products and its institute of beauty and nutrition, across Middle East, Africa and CIS countries.




business

Believe in the business to stay ahead of the curve: Falguni Nayar, Nykaa

"The journey actually began in June when we did well due to marketing, though we were actually not ready operationally."




business

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

“India would need more than 70 lakh skilled manpower in coming months in this sector due to unleashing of economy,” Mahendra Nath Pandey said.




business

Fitness fad boosts desi athleisure business

Some see it as fashion that is effortless and comfortable. While gym or performance wear is made mainly of polyester to ensure it dries quickly, athleisure wear is a combination of polyester and cotton.




business

Business Codes Help Decipher Economic Development Challenges

A northern Illinois economic development group is working on what’s being called a “code of ethics” for its member communities. They’re not alone. In this WNIJ Friday Forum, Guy Stephens looks at codes that are being created and what they can mean to economic development. Striking a balance between competing local interests to achieve a benefit of all long has been a mantra of regional economic development. No one involved seems to disagree. Still, it has been deemed necessary to “get it in writing.” The Region 1 Planning Council is an economic development alliance that comprises the Rockford Metropolitan Agency for Planning (RMAP) and the Economic Development District of Northern Illinois (EDDNI). It includes the City of Rochelle along with governments in Stephenson, Winnebago, Boone and McHenry Counties. The Council has been working on its so-called “code of ethics” with the aim of having something in place this year. It would, among other things, prohibit local governments from




business

Cargo Business Is Skyrocketing At RFD

The Chicago Rockford International Airport is now the 22 nd busiest airport in the nation for cargo volume. The airport rose from a ranking of 31st in 2016. Airport Executive Director Mike Dunn said Rockford has the necessary infrastructure to support both cargo and passenger operations. “Well, it’s been a curious contemplation by myself and people at the airport to determine what would come or explode first at the airport -- the cargo operations or the passenger operations, and obviously, it’s the cargo operations,” Dunn said. Close to 1.4 billion pounds of cargo traveled through the Chicago Rockford International Airport last year. This year, more than 2 billion pounds of cargo are expected to make their way through. Dunn said the growth is expected to continue in the coming years. “’17 was significantly higher than ’16, and ’18 will be significantly higher than ’17,” he said. “So where we go, yes, we anticipate more growth. I don’t know at what rate.” Dunn said the airport’s growth




business

Edinburgh coach Richard Cockerill benefits from doing his business early

WHETHER through shrewd planning, good fortune or a bit of both, Edinburgh managed to complete the bulk of their business for next season before rugby came grinding to a halt. When precisely play resumes is, of course, unknown and out of their control, but they are at least confident that they will be in good shape to hit the ground running.




business

Letters: Business closure is terrible for workers

THIS is terrible news (City Blinds and Shutters ceases trading immediately – with 63 jobs lost, Glasgow Times online).




business

How Will The US Economy, Small Businesses & Workers Recover From COVID-19 Losses?

On this edition of Your Call, we're speaking with Nobel prize-winning economist Joseph Stiglitz about how the US government has handled the COVID-19 crisis. He says the public safety net is not working and the US is on course for a second Great Depression.




business

Journey inside the podcasting business with this new daily podcast

Inside the Podcasting Business gives you a behind-the-scenes perspective on the decision, strategies, tools, and more in a business built from a podcast.




business

Political Rewind: Move To Open Businesses Could Risk Safety

Tuesday on Political Rewind , Gov. Brian Kemp announced gyms, salons, bowling alleys and other specific indoor facilities will be able to reopen by Friday, with restaurants and theaters able to reopen next week. These businesses must comply with social distancing and other safety requirements. The move has drawn sharp criticism from elected leaders and commentators who say the move comes too soon and is not backed by enough data.




business

Political Rewind: Small Businesses Navigate Hazardous Road Through Crisis

Tuesday on Political Rewind , small businesses weather the storm during the coronavirus crisis. How are Georgia’s stores, bars, restaurants, cinemas and bookstores handling the current situation?




business

As Governors Urge Businesses To Reopen, Workers May Be Pushed Off Unemployment

There's a call Laura Jean Truman is dreading, and she's convinced it's just a matter of time before it comes. Truman, who's a server at Manuel's Tavern in Atlanta, says the source of her angst is the fear that sometime in the next few weeks her boss is going to call and say it's time to go back to work, putting her in the position of having to make a choice between her safety and being able to pay the bills that continue to arrive despite the coronavirus. "Right now, everyone who is not working at restaurants is able to be on unemployment," she told NPR. "But once restaurants decide to open, and if we decide that we don't feel safe going back into those restaurants, we then are no longer eligible for unemployment because then we have a job opportunity that we're turning down," Truman explained. "It's a tremendously scary thing to have to think about," she said. The predicament is one in which millions of people receiving state unemployment benefits along with federal dollars from the




business

Minnesota Gov. Walz Says More Testing Is Needed Before Many Businesses Can Reopen

As Minnesota Gov. Walz weighs his decision on when to let nonessential businesses reopen, he's facing a lot of pressure from a frustrated workforce, especially from small business owners who are trying to stay afloat during the economic crisis caused by the coronavirus outbreak. "The frustrations that they have are real. These are businesses that, they may have been in families for generations or they built up," the Democratic governor says in an interview with Morning Edition . The state is under a stay-at-home order until at least May 18 . In reopening the economy, he says, businesses will face another challenge: consumer confidence. Walz worries that — even with stay-at-home orders lifted — many consumers will be skittish about reengaging with businesses until they feel safe. Walz says many businesses should remain closed until the state ramps up its testing capacity. Achieving that goal will help contain the virus's spread, as well as bolster the public's confidence, he says.




business

Small Business Owners In Georgia Open Their Doors To A Great Unknown

In the week since Georgia’s shelter-in-place order ended for most, businesses have started to open back up. But with new rules and wary customers, many small businesses are still finding their feet. GPB News reporters fanned out across the state to ask small business owners how their reopening process changes the way they operate.




business

Napean sells Mobile Marketer publication, retains events business

Napean LLC has sold its Mobile Marketer and Mobile Commerce Daily publications, but retained the events business comprising conferences, webinars, podcasts and awards, founder Mickey Alam Khan announced today.




business

Amazon wins business from reluctant brands after coronavirus closes stores


Before the pandemic, many brands and wholesalers kept Amazon at arm's length. Now, consultants that help brands navigate Amazon's marketplace say the company is attracting a broad range of vendors that sold at physical stores.




business

Proposal to tax big businesses will be shelved by Seattle City Council during coronavirus emergency


The decision by Council President M. Lorena González and Councilmember Teresa Mosqueda will stall the big-business tax championed by Councilmembers Kshama Sawant and Tammy Morales, which already faced opposition from Mayor Jenny Durkan.




business

Big businesses like Amazon support tax for King County, but questions about Seattle, suburbs remain


Amazon and several other large Seattle-area corporations, including Alaska Airlines, Costco, Expedia, Microsoft and Starbucks, expressed support Tuesday for the concept behind a Washington House bill that would allow King County to enact a big-business tax.




business

Seattle businesses, government leaders set aside differences to team up on coronavirus response


The communication and collaboration among businesses and local government leaders who don’t always see eye-to-eye has helped smooth the response to the region’s coronavirus crisis.




business

‘Tax Amazon’ group, Sawant announce ballot initiative for tax on big businesses


Boosters of a new Seattle tax on large corporations such as Amazon, including City Councilmember Kshama Sawant, have filed a petition to put an initiative on the ballot this year, they said Thursday. They’re aiming for the November ballot and say the tax could raise $300 million a year, though those calculations were made before coronavirus […]




business

Referendum-proof Seattle tax for coronavirus relief, housing, would impact multiple business sectors


The Seattle City Charter says legislation approved under a state of emergency can't be repealed by referendum. Council members can't name every business the new tax would cover, because the state discloses only aggregate payroll data.




business

Uber loses $2.9 billion, offloads bike and scooter business


The ride-hailing giant said Thursday it is offloading Jump, its bike and scooter business, to Lime, a company in which it is investing $85 million. Jump had been losing about $60 million a quarter.




business

Uber loses $2.9 billion, offloads bike and scooter business


NEW YORK (AP) — Uber lost $2.9 billion in the first quarter as its overseas investments were hammered by the coronavirus pandemic, but the company is looking to its growing food delivery business and aggressive cost-cutting to ease the pain. The ride-hailing giant said Thursday it is offloading Jump, its bike and scooter business, to […]




business

Small businesses band together to sue insurers over coronavirus damage


In many cases, the response from insurers has been: We don't cover viruses.




business

Microsoft weathers the coronavirus storm as earnings rise on cloud business


Analysts expected as much, and that's one reason Microsoft's stock is closing in on the all-time high it hit in early February.




business

Many businesses may follow Amazon in stretching out work-from-home policies, crimping downtown recovery


Business and government insiders say other companies and organizations are contemplating similarly extended time frames as they consider the new realities of the workplace in the COVID-19 era.




business

Washington businesses filed 14,000 pleas to reopen soon after coronavirus shutdown order


Many disputed the distinction between essential and nonessential businesses.




business

How payroll-protection loans discriminate against some businesses hurt by coronavirus


Businesses owned by people of color, women and those in rural areas have always been at the back of the line when it comes to bank loans. The PPP bailout — administered by banks — perpetuates that inequity, writes columnist Naomi Ishisaka.




business

Small businesses band together to sue insurers over coronavirus damage


In many cases, the response from insurers has been: We don't cover viruses.




business

Watchdog faults SBA on minority-owned and rural small business PPP lending


WASHINGTON — The Small Business Administration did not direct private lenders to prioritize minority and women-owned businesses as Congress intended when they started implementing a $669 billion loan program under the CARES Act, a federal watchdog concluded in a report released Friday. The findings from the SBA Office of the Inspector General add to growing […]




business

Small businesses band together to sue insurers over coronavirus damage


In many cases, the response from insurers has been: We don't cover viruses.




business

Seattle City Council hears details on plan to borrow money for coronavirus relief from big business tax


The tax on companies with annual payrolls over $7 million would apply to gig-economy companies, such as Uber. But franchises, such as McDonald's, could avoid the 1.3% payroll tax.




business

Many businesses may follow Amazon in stretching out work-from-home policies, crimping downtown recovery


Business and government insiders say other companies and organizations are contemplating similarly extended time frames as they consider the new realities of the workplace in the COVID-19 era.




business

Amazon wins business from reluctant brands after coronavirus closes stores


Before the pandemic, many brands and wholesalers kept Amazon at arm's length. Now, consultants that help brands navigate Amazon's marketplace say the company is attracting a broad range of vendors that sold at physical stores.




business

Proposal to tax big businesses will be shelved by Seattle City Council during coronavirus emergency


The decision by Council President M. Lorena González and Councilmember Teresa Mosqueda will stall the big-business tax championed by Councilmembers Kshama Sawant and Tammy Morales, which already faced opposition from Mayor Jenny Durkan.




business

Homelessness: No more ‘business as usual’


“Coronavirus pushed Seattle to treat homelessness differently. Will those changes last?” [May 3, Project Homeless]: Greater than the fear engendered by exposure to the coronavirus, we are facing our society’s unwillingness to address growing economic inequality. It has taken an extreme crisis for local government to take action that has long been in its grasp. […]




business

Small-business boost: Don’t forsake LGBTQ community


Re: “King County Executive Dow Constantine proposes additional $57 million for coronavirus response” [April 23, Northwest]: While this proposal, expected to be voted on by the Metropolitan King County Council Tuesday, distributes $16 million among small businesses; tourism promotion; homeless-youth programs; and arts and culture groups, it designates no allocation for queer bars and nightclubs. […]




business

Big-business tax: All will be hurt


Re: “Seattle’s war on employers must end now” [May 3, Opinion]: The solution to the area’s housing problems and its related issues is the creation of more and better paying private-sector jobs. Raising taxes on large employers will only reduce their interest in growing their businesses here when they have options to go to other […]



  • Letters to the Editor

business

Big-business tax: It’s definitely not the time


The reintroduction of the business head tax by Seattle City Councilmembers Kshama Sawant and Tammy Morales is the height of irresponsibility. Only an ideologue could survey the current landscape — an economy in induced coma, a downtown deserted and a business climate of unparalleled uncertainty — and think, “Now’s a splendid time to put a […]




business

Homelessness: No more ‘business as usual’


“Coronavirus pushed Seattle to treat homelessness differently. Will those changes last?” [May 3, Project Homeless]: Greater than the fear engendered by exposure to the coronavirus, we are facing our society’s unwillingness to address growing economic inequality. It has taken an extreme crisis for local government to take action that has long been in its grasp. […]




business

Small-business boost: Don’t forsake LGBTQ community


Re: “King County Executive Dow Constantine proposes additional $57 million for coronavirus response” [April 23, Northwest]: While this proposal, expected to be voted on by the Metropolitan King County Council Tuesday, distributes $16 million among small businesses; tourism promotion; homeless-youth programs; and arts and culture groups, it designates no allocation for queer bars and nightclubs. […]