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How will $120 crude oil price spoil India’s budget math?

India is the world’s third largest oil importer. It imports 86% of its crude oil requirements to make the petrol and diesel that is sold by domestic companies like Indian Oil and Hindustan Petroleum. Iraq is the top oil supplier. Saudi Arabia, UAE, Nigeria and the US are

Market

MapmyIndia slips 11%, hits record low post December quarter results

Shares of C E Info Systems (MapmyIndia) hit a record low of Rs 1,271.65, on slipping 11 per cent on the BSE in Friday’s intra-day trade after the company reported 14 per cent year-on-year (YoY) decline in its consolidated profit at Rs 18.52 crore in December quarter (Q3FY22).

Investors poorer by Rs 4 trillion; key reasons for today’s market fall

The carnage on Dalal Street wiped off nearly Rs 4 trillion worth of investor wealth in early deals on Thursday. Bears came roaring back on the Street, after a day’s break, on the back of the US Federal Reserve’s hawkish stance. The BSE Sensex index

S&P upgrades outlook on Axis Bank to positive on improved asset quality

Standard and Poor’s (S&P) on Wednesday revised its outlook for India’s Axis Bank from “stable” to “positive”, citing improved asset quality of the privately owned lender. The rating agency affirmed ‘BB+’ long-term and ‘B’ short-term issuer credit ratings on the bank under revised criteria.

IndiaMART InterMESH tanks 10%, stock hit fresh 52-week low post Q3 results

Shares of IndiaMART InterMESH hit a fresh 52-week low of Rs 5,258, down 10 per cent on the BSE in Tuesday’s intra-day trade after the company reported a disappointing set of numbers for the December quarter (Q3FY22). Consolidated net profit declined 12 per cent year-on-year (YoY) at Rs

Axis Bank to report Q3 result today; here’s what leading brokerages expect

Axis Bank Q3FY22 Preview: Axis Bank is slated to report its December quarter result (Q3FY22) later today. Ahead of the earnings, the shares of the private lender fell a per cent at Rs 703 apiece in the intra-day trade on the BSE. Here’re expectations from

FabIndia plans Rs 4k-cr IPO; 750k shares to be given to artisans, farmers

Lifestyle retail brand FabIndia plans to raise up to Rs 4,000 crore through an initial public offer and in a novel approach, the company’s promoters also plan to gift more than 700,000 shares to artisans and farmers. On Saturday, the company filed the Draft Red

Personal Finance

Global seafood company Thai Union innovates for a sustainable future

The Inside the Mind of the CEO interview series explores a wide range of critical decisions faced by chief executives around the world. For more insight, see PwC’s CEO Survey. During his three decades as CEO of Thai Union, Thiraphong Chansiri has led the global seafood company

Want to make an impact? Change your questioning habits.

“Asking questions keeps people engaged, which is paramount when you are trying to influence someone’s thinking or behavior.” That’s the conclusion of a ten-year-old Harvard Business Review article by Chris Musselwhite and Tammie Plouffe. But the idea that leaders can have more impact by asking the right questions is much older.

Kotak Pre-IPO Opportunities Fund raises Rs 2,000 cr, closes maiden offering

Kotak Pre-IPO Opportunities Fund, an alternative investment fund (AIF) that invests in late-stage new-age businesses with a strong moat of technology, has raised Rs 2,000 crore and closed its maiden offering. The fund has already made investments worth Rs 653 crore in five

Getting proactive about reactance

The COVID-19 pandemic has been a case examine in human contrarianism. In staggering numbers, folks refused—and nonetheless refuse—to adjust to masks and vaccine mandates. Some bridled at being despatched house to work and at their youngsters being despatched house from college. When everybody was summoned again, some bridled at that,

Opinions expressed by Entrepreneur contributors are their own.

It’s no longer a secret that we’re now living in the era of digital transformation. The travel industry has experienced significant changes as well, pushing advertisers and brands to consider new messaging, channels and approaches before campaign launches. 

After a long period of being locked up, travelers are ready to spend their savings. The recent increase in demand has caused travel companies to boost their marketing spend and carefully choose the right tone in their messaging. So what’s at the very heart of the travel-brand roadmap now?

Behavior changes should turn into marketing hypotheses 

The virus is still not eliminated completely, and anxiety levels are not dropping. The health implications of travel and safety precautions necessitate specific customer-experience strategies, including work with brand awareness, evaluation and post-purchase scenarios.  

Today, small-group trips are being prioritized as consumers become more selective of their environment


India is the world’s third largest oil importer. It imports 86% of its crude oil requirements to make the petrol and diesel that is sold by domestic companies like Indian Oil and Hindustan Petroleum.

Iraq is the top oil supplier. Saudi Arabia, UAE, Nigeria and the US are other key sellers. Therefore, any geopolitical tension affecting the supply of crude oil does not bode well for Indian consumers as well as government finances.




Crude oil prices have been on the boil for some time now, gaining around 60% over the past year because of tight supplies. The OPEC+, which includes the cartel’s allies led by Russia, has been failing to meet its monthly production target since last August.

Brent crude, the global benchmark, touched 90 dollars a barrel for the first time in seven years as rising political tensions between Ukraine and Russia


Shares of C E Info Systems (MapmyIndia) hit a record low of Rs 1,271.65, on slipping 11 per cent on the BSE in Friday’s intra-day trade after the company reported 14 per cent year-on-year (YoY) decline in its consolidated profit at Rs 18.52 crore in December quarter (Q3FY22).


In Q3FY22, revenue from opreations was down 10.7 per cent YoY at Rs 43.37 crore. Earnings before interest tax and depreciation and amortization (EBITDA) margins declined 700 bps YoY to 35.9 per cent.





The company said, lower revenue during the quarter were due to sales of automotive OEMs impacted owing to semiconductor shortage. Additionally, comparative quarters of Q2FY22, and Q3FY21 had benefitted from post-covid recovery pent-up demand, it said.


At 10:05 am; MaymyIndia traded 5 per cent lower at Rs 1,361.70, as compared to 1.2 per cent rise in the S&P BSE

https://www.vemquetem.net

“The nice thing about not planning is that failure comes as a complete surprise rather than being preceded by a period of worry and depression.” — author unknown

If you get in a car in Chicago with the intent of driving to Los Angeles, the GPS rarely plots the California portion of the map while you are in your driveway. Rather, the GPS methodically and sequentially plots each road to take in order to reach the desired location. Project Management follows the same logic of a series of key tasks or steps that have to be completed in a systematic process in order to meet the desired outcome. Traveling to Los Angeles from Chicago can only happen if the tasks of traveling through the Midwest and the Rockies are met first.

This type of thinking seems elusive when it comes to business project management. Ask someone to “map” out the

In marketing, it is important to have an effective communication tool. One of these tools is plastic postcards. These are cards that you create and distribute to customers with a message or advertisement about your business so they can learn more about it. You should consider several things when venturing into this type of communication. Here are some tips on choosing a plastic postcard.

Keep it Simple

The most popular plastic postcards are the standard size, five by seven inches. However, if you need a larger card or smaller postcard, you can get them adjusted to your specific needs at the printers. If the design is too large or small for a plastic postcard, it will diminish its impact and make people less likely to read it.

Use Quality Paper Stock

Like greeting cards, plastic postcards can be made with a range of paper stocks. The more …

Opinions expressed by Entrepreneur contributors are their own.

As more companies rebound from the pandemic, advertising is sure to pick up. According to Zenith, ad spend will grow by 5.2 percent in 2022 to $652 billion. So if you work at an agency you love and have thought about buying it, now might be the right time. Just avoid running into the same errors that other buyers have experienced when executing an internal business sale. Here are the five biggest mistakes you could make:

1. Expecting the current owner to take the lead

The prospect of an internal sale is often introduced by an agency owner. That person might approach an employee or group of employees that seem like they’d be interested in buying the business. If you’re a prospective buyer and confirm your interest, the process of negotiating a deal will begin — unless you leave things up to