Maiyas goes for full restructuring

To recoup market share in ready-to-eat, ready-to-drink and pickles markets. Maiyas Beverages and Foods Pvt. Ltd. has embarked upon a comprehensive restructuring exercise in order to recoup the market share it had lost in the country’s ready-to-eat, ready-to-drink, curry spices and pickles markets. The company’s business restructuring plan comes two days after the Bengaluru bench of the National Company Law […]

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India finds OECD index for services trade faulty

Among other ‘flaws’, STR Index shows Indian services sector as highly restrictive in areas such as FDI, says study by Ministry India has found problems with the current method under which the Organisation for Economic Cooperation and Development (OECD) ranks countries based on their services trade policies, indicating the outcomes are biased and counter-intuitive. Launched in 2014, the Services Trade […]

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Now, Jet Airways CEO Vinay Dube quits

Jet Airways on Tuesday said its CEO Vinay Dube has resigned from the company due to personal reasons. This is the second high profile exit in as many days at the grounded Jet Airways after Deputy CEO Amit Agarwal put in his papers on Monday. In a filing to stock exchanges, the airline said Mr. Dube has “resigned from the […]

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Walmart takes on Amazon with next-day delivery

NEW YORK (AP) — Walmart is rolling out next-day delivery on its most popular items, increasing the stakes in the retail shipping wars. The nation’s largest retailer WMT, -1.98% said Tuesday it’s been building a network of more efficient e-commerce distribution centers to make that happen. The next-day service will cover 220,000 popular items from diapers and non-perishable food items […]

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SeaWorld looks to Big Bird for help, Lyft drives toward earnings debut

SeaWorld Entertainment Inc. struggled to grow attendance at the start of the year, but hopes Big Bird can help. The theme-park company saw a 3.6% uptick in attendance to start the year, the slowest rate of increase since 2017, as the company dealt with colder-than-usual weather in California and the shift of some schools’ spring vacations into April. These factors […]

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