Business Services

Hershey lays off some workers, move affects less than 1% of employees

In a statement related to the layoffs, Hershey said it remains focused on transforming its business

Dynamic Evolution of Investment Banking: From Traditional Industries to Business Services

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Crisis-hit Paytm woos merchants with health plan at Rs 35 a month

Paytm's health care plan offers merchant partners benefits such as unlimited doctor 'teleconsultation' and in-person doctor visits

CAMS, Google Cloud come together to build cloud-native platform

Computer Age Management Services Ltd (CAMS) has collaborated with Google Cloud to develop next-generation platform for various business services, in the asset management industry. The initiative aims to modernise the largest platform serving the Indian asset management industry with next generation capabilities. The next generation platform, envisaged with Google Cloud, is a strategic step of the company to leverage the multiple benefits of cloud-based platforms and emerging technologies for the rapidly growing asset management industry, CAMS said in a statement here on Tuesday. The platform would be designed and developed over a five-year period with implementation of specific modules in a phased manner. Commenting on the development, CAMS Managing Director Anuj Kumar said, "our technology platform has been the financial infrastructure for the Indian Mutual Fund industry, serving investors and the complex ecosystem diligently, while scaling up to build a market share of about 68 p

India's biz activity grows faster in June, job creation at 18-yr high: PMI

The manufacturing index showed bigger gains to 58.5 from 57.5 in May while the dominant services industry's reading rose slightly to 60.4 this month from 60.2

Business activity expands in May as exports surge, PMI rises to 61.7

Robust demand was supported by new business in the services industry, which grew at the fastest pace since January, as well as rising manufacturing output and new orders

Karya is Changing The Face of Business Management Software: Boost Profits, Not Software Costs

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Continuous transformation as business strategy

Transformation managers must go through the book to learn from these masters

Enhance biz environment, boost non-farm jobs via trade openness: World Bank

Labour productivity and the working-age population, the twin engines of growth in the South Asian region, are slowing

10 ways to use ChatGPT for the growth and productivity of your business

ChatGPT has become a leading AI platform, helping businesses to automate their small tasks. Here are the 10 ways to use ChatGPT to grow your business

Cody Kerns, Co-Founder of Kerns Marketing Shares the Importance of Business Analysis

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Simpl launches merchant biz offering to reduce CoD settlement time

The company said the product aims to reduce the settlement time for cash-on-delivery (CoD) orders by up to 90 per cent and improve daily sales by 40 per cent

State industrialists urge Rajasthan govt for long-term business policy

Industrial electricity rate in Rajasthan is around Rs 8.45 per unit, whereas it is much lower in Gujarat, Madhya Pradesh and Haryana.

American Towers set to sell loss-making India ops for $2.2 billion

I Squared Capital leading race to buy 77,000 towers

Business services provider Quess Corp Q2 PAT rises 79% to Rs 71 cr

Business services provider Quess Corp has reported 79 per cent year-on-year jump in profit after tax at Rs 70.95 crore for the second quarter ended September 30, riding on operational efficiencies. The company had reported a profit after tax (PAT) of Rs 39.62 crore in the corresponding period of the previous fiscal. Total revenue of the company grew 11 per cent to Rs 4,748 crore, from Rs 4,273 crore in the year-ago period, a company statement said. "This growth is due to focused efforts over the last few quarters in developing greater automation in our platforms, building operational efficiencies and focusing on high margin businesses," Group CEO Guruprasad Srinivasan said. Srinivasan further said the higher margin platforms, GTS and OAM have delivered a consistent increase in profitability along with improvement in margins over the last few quarters. The listed subsidiary, AllSec has surpassed a market cap of Rs 1,000 crore with a CAGR (compound annual growth rate) of 23 per cent

XLRI achieves 100 per cent Summer Internship Placements for 2023

XLRI- Xavier School of Management received 100% summer internship placements for the 2023-25 batch for its flagship two-year programs i.e. PGDHRM and PG Diploma in Business Management

Top 10 Business Tips for Beginners to start their entrepreneurship journey

Starting a new business involves lots of complexities, and the case for beginners is even tougher, so they have to be more cautious while investing in it. Here are the 10 business tips for beginners

Sonata Software aims for $1.5 bn revenue by FY26; focus on BFS, healthcare

"By FY26, we aim to grow our domestic business to $1 billion and international business to $0.5 billion," Dhir told Business Standard

Beauty care firm Pilgrim raises $20 mn in funding for business expansion

Company says it will use money for brand building, research, and bolstering its offline presence

Bajaj Finance's B2B segment to add 1,000 cities in the next three years

In Q1 FY24, B2B disbursements were up 37 per cent at Rs 22,625 crore as against Rs 16,502 crore in Q1 FY23. Its AUM stood at Rs 2,70,097 crore at the end of June 2023