Backlash against cashless stores in US fails to dent $95-t industry

A mounting backlash against cashless stores is not slowing growth in the $95-trillion payments industry. Even as some US cities seek to protect low-income consumers by barring stores and restaurants from shunning physical currency, digital payments are building acceptance around... Read more

Govt to launch fresh drive against shell companies

Over the last few years, successive governments are cracking down on shell companies to curb tax evasion. New Delhi: Over 225,000 companies and 7,000 limited liability partnerships (LLPs) face the threat of being struck off official records, with the government launching... Read more

Martin Franklin, who sold his company to Newell, is now waging a battle against the Newell board

In this March 23, 2011 photo, Jarden Corp. Chairman and CEO Martin Franklin speaks during an event in New York. After selling his company to Newell Brands a little over a year ago, Martin Franklin wants to take back control. Martin Franklin... Read more

12 Ways to Protect Your Company Against a Client Going Into Bankruptcy

The number of businesses that file bankruptcy grows each year. With almost 800,000 bankruptcy filings in the last 12 months, according to a report compiled by the U.S. Courts, it is inevitable that you will have dealings with a client that... Read more

The FAANG companies are starting to turn against one another

David VanderWaal, vice president of marketing for LG Electronics USA, left, and Michael George, vice president of Alexa, Echo and Appstore at Amazon.com Inc. Silicon Valley is undergoing a seismic shift. And for perhaps the first time, it’s not because... Read more

Tamil Nadu film fraternity ends strike against ‘steep tax’ imposed after GST rollout

It will be business as usual for the Tamil film fraternity from Friday, with theatre owners withdrawing their agitation against the “steep taxes” imposed on them following the GST rollout. The four-day stir was cut short after three rounds of... Read more

RBI To Get Power To Act Against Loan Defaulters, Cabinet Clears Ordinance

Facing criticism on slow progress in acting against those who figure in the non-performing assets of banks list, the union cabinet today cleared an ordinance empowering the Reserve Bank of India (RBI) to act against wilful defaulters. The ordinance has... Read more

The case against ethical investing

Don’t get me wrong: I’m a huge fan — to a problematic degree, some might argue — of socially responsible companies. That said, giving up on ‘good’ companies and embracing the ‘bad’ and the ‘ugly’ has its merits – both... Read more

Raghuram Rajan’s final RBI policy review to hold line against inflation

Raghuram Rajan has lowered rates by 150 basis points since January last year, but economists doubt whether the current cycle has much further to run. Photo: Reuters Mumbai: Inflation at a two-year high will probably prevent Raghuram Rajan from cutting... Read more

Taco Bell Sued for Discriminating Against Deaf Customer (Watch)

A New Jersey woman is suing Taco Bell for discrimination. The woman, who is deaf, allegedly visited two separate Taco Bell locations and tried to order by handing employees a piece of paper with her order written on it. In... Read more