Just when India’s corporate world seemed to conclude the year without recording anything significant, a National Company Law Appellate Tribunal (NCLAT) ruling staged one of the biggest upsets in India’s corporate history. On December 18, NCLAT pronounced its judgment on the removal of Cyrus Mist...
United Bank hopes to make profit in Q4 of FY19The United Bank India (UBI) has posted a net loss of Rs. 1139 crore in the current fiscal. The loss is due to higher provisioning. Some of the indicators like improvement of CASA deposit (49.49%), higher net interest margin (2%) and higher non-interest i...
Corporate Social Responsibility (CSR) has become an integral part of Indian public and private corporations following the assimilation of section 135 of the Companies Act, 2013. This means profitable companies are obliged to make a contribution towards the development of Indian society. The main rol...
Loyalty programmes are the perfect retention tools for businesses. The trend of initiating various consumer loyalty programmes have taken off in a big way. India’s e-commerce industry has witnessed an increased growth in thelast few years due to the increase in internet penetration, safe and secur...
We all aspire to make money and lead a lavish life. But it is not easy. One needs to have enthusiasm, skill, courage to take risk and most importantly good networking ability. In India we have a lot of enthusiastic young minds who aspire to become rich but many of their great ideas come to not...
