We must develop best practices for valuation, says minister Nirani

Industry must be ready for tech and climate disruptions While the practice of valuation in India is nothing new, it isn’t ready to take on the disruptions in the industry  as people are largely unaware, industry veterans feel. Minister of Large and Medium Industries Murugesh Nirani, addressing the 52nd Indian Valuation Congress in Bengaluru on […]

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If women work together, they can double India’s GDP: Exec Dir, FLO

“FICCI Ladies Organisation (FLO) is working further towards women empowerment and entrepreneurship” said Ujjwala Singhania, President of the Federation of Indian Chambers of Commerce & Industry (FICCI) FLO, while speaking at the inauguration of the 10th year of its Bengaluru Chapter  The FLO aspires for a society where women are harbingers of change. Rasmi Sarita, the Executive […]

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ESG funds surge in India; ‘environment’ takes the centre stage

Popularity and tangible results drive the trend As investments in ESG funds pick up pace, the environmental factor dominates in India, say investment consultants. ESG stands for ‘environmental, social and governance’ investments. These are essentially non-financial factors that are used to measure investment instruments to enable a socially responsible form of investing. While investing in […]

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More and more people shop from Instagram stores

Small businesses flourish due to increased orders More and more people are shifting to Instagram stores to shop. Sales got a push during the lockdowns, say Instagram store owners. Shreya Kushwa, 21, a student in Bengaluru, started Instagram shopping during the pandemic. “During the lockdown, I didn’t have much to do; all I did was […]

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Plant nurseries struggle to recover from losses

With no biz, cost of maintenance crushed them Plant nurseries in Bengaluru are struggling to revive from pandemic-inflicted losses. The losses were huge and prompted many to leave the business, say nursery owners. Puttaswamy, the owner of Garden Care nursery, informed The Observer: “During the pandemic, like any other business, we suffered too. But for […]

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Bengaluru cafes doubling up as working spaces for professionals

Boredom at home and flexibility are driving the trend An increasing number of freelancers and work-from-home employees have turned cafes into coworking spaces in Bengaluru, say café owners. Covid-19 had a massive impact on the food service industry in India, with sales plummeting by 49 per cent, even after restrictions were eased in the third quarter of financial year 2020-21, […]

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Girls graduate in tech in large numbers, but not many get jobs

Employers think males are more capable than them Despite graduating from engineering and technology colleges in large numbers, few girls get employment in them, say women professionals. Isha Doshi, an associate consultant from Mumbai, informed The Observer: “I don’t know the reason, but there is a trend I see; with each level of seniority, the […]

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Young people who want to be own bosses turn to freelancing

Enjoy freedom,undeterred by erratic payouts Despite irregular payments, many young people are freelancing alongside doing their jobs. Riya Agarwal, 21,  a freelancer who has a job, informed The Observer: “I chose to freelance because it gave me the freedom to work with  different types of projects at the same time. Working according to your schedule, no […]

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Businesses affected as people are buying cheaper items

They are not purchasing goods in bulk As consumers look for ways to cut costs, shop owners say they are noticing a shift in consumer behaviour. Customers are now buying low-priced commodities rather than more expensive ones. Divya Palleda, a consumer, informed The Observer: “I always think twice before buying goods that are on the […]

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WFH blurs distinction between professional and personal lives

Maintaining the balance has been tough for moms Anoop Rao, who works for a US-based bank, starts his work at 5:30 pm. His mind is clear, not clouded with the unpleasant honking of cars. He grabs a cup of coffee and secures a quiet corner in his apartment. He doesn’t have to make his way […]

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