Vijay Mallya, Chairman of Kingfisher Airlines, is famous more for his personality and ever failing airline. Kingfisher Airlines was founded in 2003, and has been unable to pay salaries to itâ€™s employees, now the situation has worsened and the airlines has officially been asked to vacate premises.
A business is a commercial activity where goods and services are exchanged for one another or for money. In a business, an organization engages in commercial, industrial, or professional activities. A business is an innovative entity that can be a small-size or large-size, start-up or established, profit or non-profit, sole proprietorship or an international corporation.
Establishing oneâ€™s own business has become easier than ever, with various organizations and banks willing to fund for the promising projects. However, sustaining in the market still remains a challenge, with several large businesses having a stronger hold and sustainability in the market compared to the fairly new and upcoming businesses.
Businesses are experiencing stringent competition across the globe, as the globalization has enabled the businesses of all sizes, from small startups to giant organizations, to participate in a global platform and cater to the global audience. Businesses are no more confined to a limited territory, due to massive economic developments and easy connectivity across most parts of the developed nations.
The much hyped FDI reforms have paved the way for some big events in the retail industry which were eagerly awaited and now Bharti – Walmart, a joint venture between Bharti Group and Walmart, the worlds largest retail chain is a reality! They have forayed into the South-Indian city of Hyderabad and their â€˜Best Priceâ€™ […]
Nokia was a triumph of the single market policy in Europe in the 1980â€™s. Nokia came into being as a key participant in the GSM alliance comprising in its early days of European companies. In the late 1980â€™s making and selling goods across Europe was a painstakingly difficult task due to different languages, currencies and […]
Ikano and Monsoon have now come up with a unique idea to impress their customers. They are now providing their customers with a Fashion Retail Loyalty app for their smartphones. This wonderful app will allow the customers to be a part of the Reward Card Scheme and use the Reward card as and when they […]
The economic crisis is not leaving its colors, the world is still managing to pull their financial statuses together. And while some countries are in clear debt, some are booming. Such is the economy of India, with a skyrocketing population; the economy is majorly self-sufficient with its resources taking care of its citizens. This makes […]
Another multinational is treading its way into the Indian market. And this time itâ€™s the global coffee company and coffeehouse chain Starbucks. Partnering with Tata Global Beverages Ltd, their first outlet will be situated in the heart of Mumbai.
“You have so many great ideas, why don’t you start your own business”, said innocently a friend to another friend, ‘unfortunately I was not born with a golden spoon’ was the only thing running in his head. Many of us have been in these situations, believing that a load of cash is the only way […]
No it’s not an idea they stole from anyone, nor has anyone done it to them this time. The Winklevoss twins have invested $1 million in an investor’s community website SumZero. SumZero is the world’s largest community of hedge fund, mutual fund, and private equity professionals.