Mahindra & Mahindra | CMP: Rs 1,234.50 | The scrip jumped 6 percent on August 1 hitting all-time high after it recorded 1,00,000 bookings for the all-new Scorpio-N within 30 minutes of booking commencement on Saturday. The rush has translated into a book value of Rs 18,000 crore on ex-showroom price basis. The firm said the enthusiasm for the SUV was so high that it recorded 25,000 bookings within the first one minute. PRO Only Highlights - Quarterly performance largely backed by improved realisations - Medium-term triggers China plus and protectionist measures for tyre industry - Valuations not inexpensive; but improved medium-term outlook The financial performance of Mahindra & Mahindra (M&M) (CMP: Rs 1,236; M cap: Rs 1.53 lakh crore) in Q1FY23 was in line, driven by the auto segment that moderated the weakness in the tractor segment. The auto segment continues to do well on the back of new/refreshed products. The auto segment’s order booking and … [Read more...] about Auto segment comes to M&M’s rescue, any upside?
Startup founders need every tool at their disposal to successfully launch and grow their businesses. One of those tools is a clear understanding of how the licensing business model can be employed to support their goals , including speed to market and filing intellectual property that is attractive to investors. The concept of licensing has been around for a very long time. The inventor of the first patented technology -- Samuel Hopkins, in 1790, for a new method of manufacturing potash and pearl ash -- licensed it to a local businessman the next year, says historian Arthur Daemmrich at the Lemelson Center for the Study of Invention and Innovation. Basically, one party (the inventor or artist) grants another party (typically a company) the right to produce and sell something they created. As far as I can tell, most startup founders aren't very familiar with the concept of licensing a product onto the market. Venturing -- the traditional method of bringing a … [Read more...] about The Benefits of Licensing for Startups.
To become truly successful at licensing your new product ideas, you must know the industry you're inventing for like the back of your hand. There's no better way of getting to know an industry than by attending its annual trade show. Between the cost of transportation, lodging, and food, it's true that expenses quickly add up. Plan ahead, because there are numerous benefits. In my opinion, these are among the most significant. 1. The inspiration you receive from checking out the new innovation. I can almost guarantee that you will walk away with new ideas for products. Trade shows are exhilarating! You will feel reenergized. 2. Face-to-face meetings. When you can connect with people in your industry with the click of a button over LinkedIn, does meeting in person still have value? Even more, I'd argue. If your goal is to build a long-term working relationship that benefit both parties, there is simply no replacement for shaking someone's hand and looking them in the … [Read more...] about 7 Reasons Product Developers Should Attend Trade Shows
Share to Twitter Share to Linkedin The Covid-19 pandemic and the related fundamental shift in how people live and work have led many individuals to seek purposeful careers . According to a 2021 Gartner study , the Great Resignation saw 56% of American employees want to contribute more to society as a consequence of the Covid-19 pandemic. LinkedIn's LNKD 2022 Global Green Skills Report has found that as climate change begins to have adverse effects around the world and countries look to mitigate its impacts, more people are starting to acquire new skills and pursue ventures that equip them for careers in tomorrow's green economy . A recent McKinsey report mentioned that businesses are also actively looking to position themselves and advance their long-term commercial interests in the green economy, with increasing venture capital investments flowing into cleantech and zero-emissions technologies. Despite the growing interest in … [Read more...] about This New Talent Marketplace Aims To Better Connect Workers With Climate Careers
Share to Twitter Share to Linkedin It hides in plain sight in a Seattle neighborhood. A building that would not attract even a hint of curiosity. Inside it’s a bit of a different story as this seemingly bare-bones structure serves as the fulfillment center for Blue Nile , the world’s largest Internet retailer of diamond jewelry. It’s easy to view Blue Nile solely as an early eCommerce success story but perhaps its greatest feat is the ability to produce and ship jewels in a highly efficient manner based on the individual requirements of an online order. This efficiency is one of the ways it earns the trusts of customers making a highly emotional purchase. The nondescript nature of the facility is due to security concerns. The merchandise is highly valuable, consisting of diamonds, colored gems and precious metals. Inside, multiple doors are used to enter and leave certain areas for security purposes. Workers were not identified in the story for the same … [Read more...] about How Blue Nile Delivered A Million Pieces Of Bridal Jewelry
Senior Minister of International Trade and Industry Datuk Seri Mohamed Azmin Ali (The Edge filepix) - A + A KUANTAN (Aug 9): The economic development in the west side of Pahang, including the districts of Lipis, Raub, Jerantut dan Bera, which forms Pahang Barat Plus, is among the focus of the Joint Committee for Industrial Coordination (JBI) between the Ministry of International Trade and Industry (MITI) and the Pahang government. Senior Minister of International Trade and Industry Datuk Seri Mohamed Azmin Ali said efforts to develop the economy and lure investors to the districts involved were being done through the creation of the Pahang Barat Plus Economic Region, which will focus on five clusters including tourism, agriculture, timber and services, that will directly contribute towards the creation of more job opportunities. “The creation of new economic region clusters in the west side of Pahang is also in line with the national investment policy, as we … [Read more...] about Economic development in Pahang Barat Plus among focus of MITI-Pahang JBI