‘Public sector doesn’t understand profit, business’

SpiceJet chairman and managing director Ajay Singh said on Friday that the Goods and Services Tax (GST) had become an additional burden on the civil aviation sector that needs to become globally competitive in order to boost tourism. “There is no shortage of ambition in the civil aviation sector but a lot needs to be […]

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Tata Motors upbeat on commercial vehicles business

Automotive major Tata Motors is upbeat on the company’s commercial vehicles business unit, where it expects to consolidate its market share up from 43 per cent now. “Putting behind concerns which had resulted in a slowdown in the CV business due to demonetisation, the transition from BS III to BS IV norms, and the GST […]

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Google in talks to buy HTC’s smartphone business

HTC hasn’t been financially successful for awhile now and it seems it’s now fully in danger of being consumed by a bigger company. In this case the rumors point to Google as the interested party. Apparently talks are being held between Google and HTC about a possible acquisition of HTC’s smartphone business (leaving the Vive […]

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Changes to business rates appeals system fears ignored ahead of start date

Of 287 responses to the consultation, not a single company or trade organisation wrote in support of the proposed system CREDIT: JOHN STILLWELL The Government pushed ahead with plans to overhaul the appeals system for business rates despite not receiving a single consultation response in support of them, The Sunday Telegraph can reveal. Businesses were consulted about the new […]

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The 5 Key Components of Rapid Business Growth

Every new business owner wants to achieve one goal — rapid growth. Successful growth in the early stages of a business can help it avoid these eye-opening SBA stats: Half of new businesses do not survive past the five-year mark Only a third are still in business by year 10 I first connected with Fabrizio Moreira, […]

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Qualcomm CEO: Our business model is ‘unique’ so it’s ‘easy to attack’

Three years, near-billion dollar settlements in China and South Korea and a slew of litigation with Apple later, Qualcomm CEO Steve Mollenkopf says it’s the uniqueness of his business model that has drawn such international scrutiny. “It’s unique so it’s easy to attack,” Qualcomm CEO Steve Mollenkopf told CNBC’s Squawk on the Street Monday. “It just takes a while […]

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