Digital Platform for Diabetes Care
It is common knowledge that India is the diabetes capital of the world. In 2023, a study conducted by the Indian Council of Medical Research–India Diabetes (ICMR-INDIAB) confirmed that the country had 101 million diabetics. The ICMR study further revealed that the number of diabetic cases in India increased by an alarming 44 percent in…
Rahul Shah: Pioneering Financial Strategies and Corporate Culture at DOMS Industries
When DOMS Industries planned to go public, Rahul Shah played a pivotal role in steering the company through its initial public offering (IPO). Appointed as the Chief Financial Officer (CFO) in 2022, Rahul’s strategic oversight was crucial in the company’s ambitious effort to raise Rs. 1,200 crore. The initial public offering (IPO) comprised a new…
A Resilient Turnaround
India’s credit landscape has shown resilience and transformation as the world emerges from the shadows of the COVID-19 pandemic. Despite the initial economic shockwaves that led to compaction in credit growth, recent trends paint a picture of robust recovery, instilling a positive outlook for the nation’s financial sector. Before the pandemic, India’s financial sector was…
Major Companies Firing Employees: What You Need To Know
Since the beginning of 2024, major companies have been announcing large-scale layoffs. These layoffs have been caused by economic downturns, company restructuring, mergers, shifts in business strategies, etc. Tata Steel UK Layoffs Tata Steel UK, a subsidiary of Tata Group, is firing around 2,500 employees. The CEO, T V Narendran, said, “The loss of the…
Strengthening Industries with Digital Edge
Cognite is a globally recognised player in the field of industrial software, with an international presence that spans from Oslo, Austin, Houston and Tokyo. It projects itself as a global industrial Software-as-a-Service (SaaS) leader. They are engaged in empowering oil and gas, manufacturing, and other asset-heavy industries with accessible, trustworthy, and contextualised data, thereby facilitating…
Vidit Aatrey: Crafting Commerce, Empowering Entrepreneurs
Individuals from non-business backgrounds faced significant challenges in envisioning their own ventures three decades ago. Perhaps they could pursue entrepreneurship after gaining experience in the private sector and accumulating sufficient capital. Otherwise, it remained a distant dream. Few individuals exemplify the democratisation of Indian entrepreneurship more than Vidit Aatrey, founder and CEO of the widely…
Share Market Touches New High Ahead Of Election
For the first time ever, the market cap of listed companies touched a new high of USD 5 trillion before the elections in intraday trade. It took merely 6 months to reach this milestone of USD 5 trillion in May from USD 4 trillion in November 2023. As per Fortune India, this growth is driven…
Indian Students Shun Canada
A diplomatic disagreement between India and Canada regarding the murder of Hardeep Singh Nijjar, described as a Khalistani extremist, resulted in an 86% decrease in study permits issued from Canada to Indians during the fourth quarter of 2023. Official data shows that only 14,910 students were granted study permits late last year, a significant decline…
Howard Schultz Success Story: From Beans to Billions
Howard Schultz success story is a testament to the transformation of a regional coffee brand into a global powerhouse. The brand in question, of course, is Starbucks. In 1987, Starbucks had a modest 20-odd stores, but under Schultz’s leadership, it has grown into a global coffee brand with over 38,000 stores. Over the period of…
Retail Inflation In India Touches 11 Months Low In FY24
As of April 2024, the Indian government’s data shows that retail inflation in India has dipped to an 11-month low, reflecting the country’s most recent economic conditions. It was around 4.83%, slightly lower than the 4.85% recorded in the previous month, but it remained within the tolerance limit of RBI (Reserve Bank Of India), i.e….
