Rental yields in major cities could certainly moderate if GST is levied on rental housing. In India, rental yields in housing are modest at around 2-4% on an average.
SMBs often depend on temporary or existing resources to carry out Human capital management (HCM) processes such as recruitment, learning and development and performance management.
Most often, small businesses tend to overcomplicate their digital marketing strategies since they are less confident about their knowledge and use of digital when compared to larger businesses.
With the Internet's growing ubiquity, the importance of the Internet and of being online for a business cannot be over-emphasized. These large numbers of connected users provide every small business with a potential customer base that it just cannot ignore.
The introduction of GST is expected to increase the need for integrated logistics solutions as companies decrease the number of warehouses they maintain in different states.
At present, the structure of indirect taxes in India is very complex as there are many types of taxes levied by the Central as well as State Governments of India on goods and services. Some examples are - Entertainment Tax on movies, Value Added Tax (VAT) on products and services, Excise Duties, Luxury Tax, Import Duties, Service Tax, Central Sales Tax, and so on.
US-based investment firm Proterra Investment Partners was looking at selling its 23 per cent stake in Dodla Dairy and had mandated investment bank Edelweiss to look for a buyer.
The manufacturer receives the raw material, aluminium alloy in this case, constructs the chassis and sends it back to the car company. This constitutes job work.
The leaders exchanged their queries on how Jaipur Rugs is working towards the survival of a dying art- the art of hand-weaving rugs and how sustainable livelihood opportunities for local communities are being created by the organisation.
In the global business ecosystem, Indian SMEs should jump on the digitalisation bandwagon to reap the benefits that come along. This will not just establish them as greater contributors to the Indian economy, but also open new business avenues for them to leverage.
Big Data is the new way of understanding our Products , our operations, our Business Partners ( Customers, Suppliers, Employers, Employees, Contractors, Business Associates) and whosoever is directly or indirectly linked to an entity.
Instead of numbers rising in the higher classes, such as in the MSME sector component, it is the micro industries that keep burgeoning and yet contributing so little to the economy.
India's strong economic growth and growing income are expected to increase consumer spending to USD 3.6 trillion by 2020. The maximum consumer spending is likely to occur in consumer durables.
Indian companies are trying innovative ways of capturing consumer attention. There are numbers of questions that will define the future of every industry in India. The sooner companies realise this reality, the better will be their chances of survival.
Tantuja is owned by West Bengal State Handloom Weavers' Co-operative Society Ltd. Amazon will take Tantuja to the US, after the brand received huge response selling through Amazon India since last August.