What is sanitaryware industry? Sanitaryware Industry in India and the world is witnessing unprecedent growth due to the high demand of  fixtures and components used for sanitation purposes which includes a wide array of products like washbasins, water closets, bath tubs, toilet bowls, faucets among others. The industry for ceramic...
"Auditors are the watchdog of financial statements of companies" is not an old proverb in the financial world. But what if these auditors fail to serve their purpose? In a recent trend of the resignation of some heavyweight auditors of Indian companies, many financial pundits are clueless as to what...
Flipkart meets Walmart in the world's biggest merger May 9 witnessed world’s largest e-commerce deal when the American multinational retail giant Walmart bought 77% stake in the largest e-commerce player of the Indian subcontinent, Flipkart. Little did the world know that what started as an initiative of two young minds...
The global startup ecosystem continues to grow. Venture capital (VC) investments hit a decade high in 2017, with more than USD 140 billion invested globally. As per research platform CB Insights, there are currently 214 startups across the world which are valued at USD 1 billion or more (a.k.a....
Remember the sweet innocent girl riding beside her husband as he leads her to the army of Khal’s in the Drama series Game of Thrones. That is the place in the corner of this world where a new person joins a company with a lot of hopes of working...
What is Swiss Challenge Method of bidding? Swiss challenge method is a new process of giving government contracts and acquisition of stressed companies under Insolvency and Bankruptcy Code (IBC). In this method, any person with credentials can submit his bid to the government for the development proposal or for the acquisition...
  You would be amazed to read how Microsoft found a loophole in the global market to reduce the tax burden: Microsoft recruits software experts and web designers available to be recruited both in the United States and abroad, and sells software product everywhere in the world. Outside sales are made...
The first truly worldwide MMORG (Massively Multiplayer Online Role Playing Game), in our generation at least was Runescape. Developed and published by Jagex, initially releasing in 2001 for browsers. Blossoming into a phenomena, the game currently has over 200 million accounts created. To put that in perspective, that is...
“Come Watson, come! The game is afoot.” - Sherlock Holmes On May 9, Walmart Inc announced its acquisition of 77% stake in Flipkart for about USD 16 billion in the largest e-commerce deal yet. Out of this USD 16 billion, USD 2 billion will be in the form of new equity...
When India relaxed Foreign Direct Investment norms in 1991 as part of the Liberalisation, Privatisation and Globalisation policy, it opened the arms to attract world’s capital inflow. World’s largest American based retail giant Walmart acquired India’s largest e-commerce company Flipkart by taking 77% stake in a deal pegged at $16...