Rain Industries: Adverse SC action has material impact on business model; stay cautious

Rain Industries: Adverse SC action has material impact on business model; stay cautious

In an adverse legal development, the Supreme Court (SC) has disallowed Rain industries’ applications which would have a material impact on its business. The apex court disallowed the company’s petition requesting a higher import quota of key raw material – green...
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The shutdown has ended, yet some small businesses still struggle to move on

The shutdown has ended, yet some small businesses still struggle to move on

The partial government shutdown has come to an end. Yet for small-business owners who are waiting on loans, the clock is still ticking. The government closure shuttered some agencies, including the Small Business Administration, for 35 days. Now that the...
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India has adequate ‘firepower’ to deal with rupee volatility: DEA secretary

India has adequate ‘firepower’ to deal with rupee volatility: DEA secretary

India has adequate “firepower” of foreign exchange reserves to deal with the current volatility in the rupee, the country’s Economic Affairs Secretary told reporters. The volatility is being driven by global factors including the proposed US sanctions on...
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Netflix Has Adopted Machine Learning to Personalize Its Marketing Game at Scale

Netflix Has Adopted Machine Learning to Personalize Its Marketing Game at Scale

Opinions expressed by Entrepreneur contributors are their own. Imagine having a conversation with your financial advisor. He can tell by your tone of voice or facial expression if something makes sense or if you disagree with something, and he can adjust acc...
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Uber-SoftBank deal has closed, making SoftBank largest shareholder

Uber-SoftBank deal has closed, making SoftBank largest shareholder

A group of investors led by SoftBank Group Corp closed a deal with Uber Technologies Inc on Thursday, making SoftBank the largest stakeholder in the ride-services firm and providing a much-needed boost to controversy-ridden Uber. The deal includes a large...
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Why do Indian online shoppers trust Flipkart more than Amazon? This survey has the answers

Why do Indian online shoppers trust Flipkart more than Amazon? This survey has the answers

At least on one front, homegrown Flipkart appears to be inching ahead in its fierce battle against American e-commerce major Amazon. Indian shoppers trust Flipkart as a brand more than Amazon, according to a recent survey by e-commerce advisory firm...
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