"Indian markets were also worried about the increasing number of localized lockdowns which would in turn again slowdown the predicted recovery for businesses. Volatility is expected to remain and investors are advised to be cautious and be stock specific in their trades," he said. … [Read more...] about Taking Stock: Financials drag market; Sensex plunges 600 points, Nifty holds 10600
Week ahead in stock market
Pichai’s agenda does not suggest a ‘big bang’ initiative but it is tempting to see a hidden one for multiple reasons. India’s digital advertising is tiny. By one estimate, it is expected to be less than $1 billion, growing at less than 20 percent annually. Last year, Google’s India revenue barely accounted for 1 percent of its global advertising revenue of $135 billion. So it is tempting to see Google eyeing something bigger with its new war chest, rather than simply targeting a modest advertising pie. … [Read more...] about The road ahead for Google’s $10-billion India Digitisation Fund
The COVID-19 pandemic not only disrupted launch schedules of new cars but also the production plans of manufacturers. Since then, through trial-and-error methods, carmakers are looking to get back on their feet. From zero sales in April, the industry made a noteworthy jump in sales in June. But how much of the gain comes from actual retail demand? In today’s auto wrap of the week, we take a look at this aspect. But first here is a detailed look at what made headlines in the auto space this week. … [Read more...] about This week in Auto: Has real demand picked up?
“Gold tested fresh nine years high at Comex division and test $1,829.80 during the week. At MCX, gold settled at new lifetime highs last week, and still the momentum is firm for gold if the prices sustain above Rs 48,800 this week could extend the gains towards Rs 49,200-49,600 levels. Rs 48,330 on a closing basis act as major support for the gold,” Manoj Jain, Director (Head - Commodity & Currency Research) at Prithvi Finmart Pvt Ltd, told Moneycontrol. … [Read more...] about Gold price today: Yellow metal trades strong; deploy buy on dips for a target of Rs 49,200-49,600
Communicate clearly. No matter what method you use to determine pay for your employees, be ready to communicate to the company how you determine individual compensation. It’s not enough to say “we decided to pay local market rates.” If you’re using a formula, be clear about the data that goes into that equation and where you’re getting your information. Even if your employees aren’t happy about shifting to local market rates, if you can explain how you are applying this consistently throughout the company, it will help them process the change. … [Read more...] about The work-from-anywhere era changes everything about compensation