A Mumbai-based music instrument dealer is betting that India needs more piano tuners and repairers, and has set up a school totrain them.
Cracking the rural market a tough task for organised retail chains Despite rural incomes and consumption rising steadily in the past few years, rural retail chains have not been able to match the success of their urban counterparts.
Air India's recent performance offers hope of a comeback The carrier posted earnings before tax, interest, depreciation and
amortisation of Rs 19 crore in 2012/13. The achievement is
significant, considering that the airline has been making losses for the
past seven years.
Why the govt cannot afford to scrap the Jet Airways-Etihad deal The UAE is New Delhi's
largest trading partner: trade between the two countries
stood at $74.4 billion in 2012/13.
Uninor, which lost some 10 million subscribers from January to March, is close to breaking even Despite losing some 10 mn subscribers from Jan to March, Uninor expects to break even in terms of earnings before interest, tax, depreciation and amortisation. In other words, it expects revenues to equal the cost of operation. It has also advanced its target to break even on cash flow by two years.
Banking licence: How banks will manage the shift from their existing business models The biggest challenge for financial services companies in the race to
set up new banks will be to manage the shift away from their existing
business models. They will also have to gain public trust and establish a strong brand
identity amid stiff competition from established private as well as state-run lenders.
Events are connecting start-up entrepreneurs in their lonely journey Big-ticket events such as NASSCOM's Product Enclave and The Indus Entrepreneur's TiECon, as well as a growing number of small gatherings, are helping the start-up entrepreneurs multiply their opportunities to build product prototypes, present ideas, and meet peers and investors.
Indian rupee's slump has shattered business sentiment The Business Today-C fore Business Confidence Survey for the April-to-June period of 2013 found that sentiment among corporate leaders turned for the worse for the first time in four quarters, due mainly to a steep drop in the value of the rupee.
HDFC is putting the building blocks in place to grow its education venture Credila The mortgage lender is putting the building blocks in place to grow its education venture Credila. The demand for education loan is growing at a fast clip because of the rising cost of higher studies and the inability of parents to meet these expenses with their savings.