At a time when the average company on the S&P 500 only survives for two decades, it’s surprising to see that there are companies that have existed for centuries around the world. The oldest company still operating today is in Japan. It’s a construction firm called Kongo Gumi that dates to 578 and has specialized in building temples for 14 centuries. Today, though the company has been bought by a construction conglomerate, temples still account for 80% of its business. … [Read more...] about This map shows which companies have lasted hundreds (and even thousands) of years
German companies in the us
Maslow didn’t invent the idea of self-actualized work, and nor did the 20th-century management consultants who implemented these ideas. We can go back to the German sociologist Max Weber to find similar invocations of work as a spiritual, more than economic, vocation—an ethic of work that Weber in 1905 argued was central to Western capitalism. Indeed, the work ethic is an ideology at once remarkably tenacious and eminently flexible: While its constitutive claim—devotion to work as the center of life—remains consistent, the rewards promised by the ethic vary in historically specific ways, from the promise of social mobility to the promise of self-actualization. … [Read more...] about Is the search for meaningful work a trap?
On February 14 (Friday), Airtel had said it will pay Rs 10,000 crore to the Department of Telecommunications by February 20 and the remaining before March 17.But on Monday, the company rushed to make part payments and said, "we are in the process of completing the self assessment exercise expeditiously and will duly make the balance payment upon completion of the same, before the next date of hearing in (the) SC". … [Read more...] about Bharti Airtel pays Rs 10,000cr to govt towards statutory dues
According to Bansal, small and midcaps look interesting especially from the valuation point of view. “If we look at the midcap space, the PE ratio of Midcap 100 is 25x which is lowest points if we take the data for the past 2-3 years,” said Bansal. … [Read more...] about D-Street Talk: Steps taken in Budget 2020, RBI policy could fuel rally in small & midcaps
Under the Public Procurement (Preference to Make in India) Order, it was envisaged that all central government departments, their attached or subordinate offices and autonomous bodies controlled by the Government of India should ensure that purchase preference be given to domestic suppliers in government procurement. … [Read more...] about About Rs 30,000 cr tenders cancelled to promote Make in India products: DPIIT Secy Guruprasad Mohapatra