Who moved my milk: Prabhat Dairy and the ‘business disappearing’ risk

Who moved my milk: Prabhat Dairy and the ‘business disappearing’ risk

Investors skimmed 15% off Prabhat Dairy Ltd’s valuation after it announced a slump sale of its mainstay dairy business on Tuesday. The company will sell its milk processing business, which generates 98% of its revenue, to France’s Groupe Lactalis for ₹1,700 crore. At...
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Canada grants bail for arrested Huawei CFO who faces US extradition

Canada grants bail for arrested Huawei CFO who faces US extradition

Jason Redmond | AFP | Getty Images Robert Long (L) and Ada Yu hold signs in favor of Huawei Technologies Chief Financial Officer Meng Wanzhou outside her bail hearing at British Columbia Superior Courts in Vancouver, British Columbia on December...
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Who said stores are dead? These 5 retailers are investing billions of dollars in bricks and mortar

Who said stores are dead? These 5 retailers are investing billions of dollars in bricks and mortar

Though shoppers are increasingly spending more time and money online, that doesn’t mean retailers should ignore their stores. In fact, some of the biggest players in the industry are spending billions of dollars to remodel their existing shops, hoping to...
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A Small Business Owner Who Appeared With Trump At A Healthcare Event Says He Was “Duped” And An “Idiot”

A Small Business Owner Who Appeared With Trump At A Healthcare Event Says He Was “Duped” And An “Idiot”

Last Thursday, Donald Trump signed an executive order on healthcare, surrounded by Republicans and business leaders. Evan Vucci / AP The White House said the order is “promoting healthcare choice and competition,” but many saw it as an attempt t...
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‘The Party’s Over’: How GST Will Impact Those Who Don’t Pay Taxes

‘The Party’s Over’: How GST Will Impact Those Who Don’t Pay Taxes

New Delhi: Rakesh Sachdeva sells auto parts in a busy market in central Delhi, just a few miles from Prime Minister Narendra Modi’s office. Yet despite having a flourishing business he does not pay any tax. Until now, his rundown...
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Freedom 251 delay because of Battery; lucky Draw to decide Who gets a smartphone: file

Freedom 251 delay because of Battery; lucky Draw to decide Who gets a smartphone: file

Ringing Bells, the little-recognised Noida-based organisation, made it to the information earlier this 12 months quickly after announcing the sector’s cheapest phone – priced at Rs. 251 (much less than $4). The agency bumped into controversy with a...
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