Domestic mobile phone makers’ revenues hit by Chinese companies

KOLKATA: India’s top three mobile phone makers posted an accelerated fall in revenue in FY18, accounting for less than a quarter of the sales value generated by their Chinese rivals, the latest regulatory filings show. The combined revenue of Micromax, Intex and Lava, which make smartphones and feature phones, fell 22% to Rs 10,498 crore in 2017-18, More...

by Loknath Das | Published 3 months ago
By Loknath Das On Sunday, March 31st, 2019
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How Companies Can Use Employee Videos To Improve Recruiting

Using video to recruit potential employees. GETTY Corporate recruiting videos are recognizable at a glance. Invariably sleek, cheerful, and sharply edited, these multimedia ads are meant to showcase a company’s More...

By Loknath Das On Wednesday, March 27th, 2019
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Dethroned: Founders who were nudged out from their companies

1/10Naresh Goyal | The founder of Jet Airways stepped down from the chairman’s post on March 25 to protect his company from bankruptcy. The financial condition of the airline was deteriorating for the past More...

By Loknath Das On Monday, March 18th, 2019
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Three Companies Illustrating What You May Not Know About Drones

Attendees take pictures of the Scientific Cal Ag Gen 6 prototype drone during the World Agriculture Expo in Tulare, California, U.S., on Wednesday, Feb. 13, 2019.  Photographer: Patrick T. Fallon/Bloomberg© More...

By Loknath Das On Monday, February 25th, 2019
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Warren Buffett lists 15 Berkshire companies with highest market value

Berkshire Hathaway Inc. reported a $25 billion loss in the fourth quarter because of a big drop in the paper value of several of its stock investments, but the overall business seems to be performing well, Warren More...

By Loknath Das On Monday, February 18th, 2019
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Flybmi tells customers to seek refunds from credit card companies

 A Flybmi plane at Frankfurt International airport. Flybmi operated 17 regional jet aircraft on routes to 25 European cities. Photograph: Armando Babani/EPA Flybmi is advising customers to seek refunds from More...

By Loknath Das On Sunday, February 17th, 2019
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Google is reportedly hiding behind shell companies to scoop up tax breaks and land

Should local communities have the right to know before a big tech company moves in? Should they be able to protest before city planners offer those companies millions or even billions of dollars in incentives? More...

By Loknath Das On Friday, February 8th, 2019
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Q3 earnings of print media companies muted but revival likely in FY20

For print media companies, FY18 was an aberration and FY19 too has been a difficult year so far. Earnings have been downgraded and stock prices have seen a sharp correction. However, the print media segment’s bad More...

By Loknath Das On Tuesday, January 29th, 2019
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Investment opportunities for Chinese companies in pulses and livestock

This month the Ethiopian Embassy in Beijing organized an “Ethiopia-China Pulses, Oilseeds and Spices Sellers-Buyers Matchmaking Seminar” on January 11 and a few days later in Hohhot, capital of the autonomous More...

By Loknath Das On Wednesday, January 23rd, 2019
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Companies press Brexit panic button in further blow to Theresa May

 A P&O ferry sails past the beach in Calais, France. The company is to re-register its six cross-Channel ferries under the Cypriot flag. Photograph: Pascal Rossignol/Reuters The scale of no-deal panic gripping More...