Indian Soft Toy Market Valued $1.35 Billion in 2021

Indian Soft Toy Market Valued $1.35 Billion in 2021

The Indian toys market witnessed immense growth last year, valued at $1.35 billion. Looking forward, IMARC (International Market Analysis Research and Consulting) Group expects the market to reach US$2.73 billion by 2027, exhibiting a CAGR (Compound Annual Growth Rate) of 12.6% during 2022-27.  “Keeping in mind the uncertainties of COVID-19, we are continuously tracking and…

Rajesh Nambiar, Cognizant’s Executive Officer, Loses Position

Rajesh Nambiar, Cognizant’s Executive Officer, Loses Position

Cognizant has notified its shareholders that Rajesh Nambiar is ceased to serve as the ‘Executive Officer’ of the Digital Business & Technology vertical of the company, effective from July 6, 2022. According to the reports, his compensation will be adjusted in accordance with the salaries of the non-executive officers of the company.  Nambiar, however, will…

10 Best COOs in India – What Makes The Most Successful COOs?

10 Best COOs in India – What Makes The Most Successful COOs?

A chief operating officer plays a multifaceted role in an organisation. Not only do they monitor the day-to-day administrative and operational processes in the organisation but also bring the vision and interpersonal skills to the table to inspire the organisation’s workforce. While picking up the 10 best COOs in India 2022, we had a few…

Rupees Hits Record Low Of 79.36 Against US Dollar

Rupees Hits Record Low Of 79.36 Against US Dollar

Indian currency, Rupee plunges by 41 paise to close at a fresh lifetime low of 79.36 against the US Dollar on Tuesday due to the greenback overseas and unrelenting foreign fund outflows.  At the interbank forex market, the local unit started at 79.04 against the greenback and witnessed an intra-day high of 79.02 and a…

Byju’s Conducted Fresh Round Funding Worth $22 Billion 

Byju’s Conducted Fresh Round Funding Worth $22 Billion 

Edtech company Byju’s acquired Aakash Educational Services in a cash and stock deal in April last year for $1 Billion, for which it has delayed payments.  Byju’s was supposed to close the transaction in June but has extended the payment timeline to August, sources said, but it was delayed due to some internal reason.  Now,…

SABB Names Yasser Ali As CEO Of C&I Banking 

SABB Names Yasser Ali As CEO Of C&I Banking 

Saudi British Bank (SABB) announced the appointment of Yasser Ali Al-Barrak as Chief Executive Officer of Corporate and Institutional Banking, effective from July 1, 2022.  Yasser Ali has more than 18 years of working experience in the Kingdom’s banking industry. He joined SABB in 2012 and has held many leadership positions. General Manager of global…

Reliance Partners With UK Chain To Launch Sandwich And Coffee Chain India

Reliance Partners With UK Chain To Launch Sandwich And Coffee Chain India

After the fashion world, Reliance Brands Limited entered the Food & Beverages Space. On Thursday, the company announced a franchise partnership with ‘Pret A Manger’, a UK-based food and organic coffee chain, to launch and build British Sandwich and Coffee chain in India. Reliance is spreading its wings everywhere. Before this Reliance picked stakes in…

India Bans Single-use Plastic: Here Is The Product List And Other Details

India Bans Single-use Plastic: Here Is The Product List And Other Details

Plastic Ban: Ministry of Environment, Forest and Climate Change on 28 June has notified that government will ban single-use plastic across the country from July 1.  “India will ban manufacturing, import, stocking, distribution, sale and use of single-use plastic items, which have low utility and high littering potential, all across the country from July 1,…

Mukesh Ambani Resigns From Board Of Reliance Jio 

Mukesh Ambani Resigns From Board Of Reliance Jio 

Reliance Jio Infocomm on Tuesday said that Mukesh Ambani has stepped down from the chairmanship of the Board and approved the appointment of his elder son Akash Ambani as the new chairman of the company.  The resignation of Mukesh Ambani, one of the richest people in India, is effective from the close of the working…

Equity vs. Debt: Which Is A Good Start For Business?

Equity vs. Debt: Which Is A Good Start For Business?

Equity vs. debt: which is a good start for business? This is one of the most common questions that come to mind when someone starts a business. The answer to this question depends on a number of factors such as economic climate, the business’s existing capital, and business niche.  In this article, you will find…