Economic Survey 2019: The curious case of Indian firms starting small & staying small

In the U.S., manufacturing plants grow or die. In contrast, surviving Indian plants exhibit little growth in terms of either employment or output. Quoting a survey by University of Chicago professor Chang-Tai Hsieh and University of Stanford professor Peter J. Klenow, the Economic Survey of 2019 states Indian firms start small and stay small, forever. […]

Head of the line: Big companies got coronavirus loans first

Still, the AP analysis shows that early on some of the nation’s biggest banks were quickly approving loans for larger customers before ramping up their volume of smaller loans. In the first week, 27% of the 4,231 loans JPMorgan Chase made were over $1 million. Chase, the nation’s largest bank and the biggest PPP lender […]

Airbnb spurns approach from Ackman’s blank-check company

Ackman and his team “are in discussions with a number of potential companies that are owned and/or controlled by private equity firms, families, start-up company founders, as well as other private companies,” the manager wrote in a letter to investors last week.

Top Workplaces 2020: The best small companies to work for in Colorado

Facts: ANM is one of the fastest-IT consulting services in the U.S. The company designs and implements IT solutions from industry-leading technology providers including Cisco, Pure Storage, AWS, VMware, Splunk, Cohesity and F5. The company’s specialties include designing, developing and deploying solutions for enterprise networking, data center and cloud, collaboration, security, audiovisual and Salesforce.

Angelina Jolie’s family seems to have a new dog as daughter Vivienne is seen carrying a small pooch in a carrier while visiting a friend

Angelina filed papers on August 7 claiming that Judge Ouderkirk – who married the former couple at their French estate Château Miraval in 2014 – failed to disclose other ‘business relationships’ he had with Pitt’s lawyers, suggesting that he would be ‘biased’ in their divorce case. 

How this small sensor startup became essential to helping California deal with toxic wildfire smoke

Dybwad, based in Salt Lake City, started the company as a side project in 2015 because he wanted to better understand the pollution in his own neighborhood, where he could see dust blowing from a gravel mine nearly every day. He experimented with various sensors and settled on a type that uses lasers to measure […]

Hipcamp, Tentrr and the Dyrt: Trying out camping’s newest start-ups

About 70 percent of the company’s 860 listings are these signature sites, starting at $100 a night, but they account for 90 percent of its bookings. (The rest are backcountry sites.) The company, founded in 2015 and based in New York City, has locations in 41 states and Puerto Rico, more heavily concentrated in the […]

Toyota with Daihatsu gets ready to enter small-car market

MUMBAI: The world’s largest carmaker, Toyota Motor, is finally getting ready to enter the Indian small-car market and challenge the dominance of Maruti Suzuki and Hyundai Motor in their bread-and-butter segment. The Japanese automaker and its unit specialising in small cars, Daihatsu Motor, are expected to drive in a new range of vehicles to India […]

No I-T scrutiny for start-up investors

I-T dept to accept firms’ disclosure of fund source at face value; stakeholders say it will help attract angel investorsStart-ups in the state will have more breathing space now, with the income tax department deciding not to scrutinise angel investors of such firms. The department has also established start-up facilitation centres in four cities in […]

Launch of Ocado/M&S venture hit by small number of cancellations

LONDON (Reuters) – Britain’s Marks & Spencer (MKS.L) made the first deliveries through its new online food shopping joint venture with Ocado (OCDO.L) on Tuesday, though launch day was marred for a “very small number” of customers whose orders were cancelled.