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Maharashtra plastics ban comes as a shocker to small vendors, consumers

From 24 June, anyone in Maharashtra found using plastic products, including single-use disposable items, is liable to face a penalty ranging from Rs5,000 to Rs25,000, with a three-month jail term for non-compliance with the regulation

Air India targets big boost to revenue with revamped business

With a newly-launched premium class, new uniforms for crew and new exotic cuisine, the airline is expecting to boost its revenue by around Rs2.5 crore on a daily basis to Rs6.5 crore per day

Opec agrees to raise output by 1 mn barrels per day

Opec members agreed to a deal on Friday to increase oil supplies by about 1 million barrels of oil per day, equivalent to an increase of 1 per cent of global supplies

Vishal Sikka named in Teradata lawsuit against Germany's SAP

Former Infosys CEO Vishal Sikka, chief technology officer of SAP between 2007 and 2014, is accused of being "aware of and supportive of SAP’s misappropriation of Teradata’s trade secrets” during the development of SAP’s HANA platform

Tesla downsizing solar business, shuttering several offices

Tesla had controversially acquired SolarCity, run by two of Elon Musk’s cousins, in what critics had termed a bailout at the expense of Tesla shareholders. Now, it is closing several solar installation offices and downsizing staff

India hikes duties on 28 items imported from US

The higher import duties will raise the prices of some varieties of apples, almonds, chickpeas, lentils, walnuts and artemia, most of which are imported from the United States

Chameleon-inspired nanolaser changes colors

Inspired by nature, researchers have developed a novel nanolaser that changes colours using the same mechanism as chameleons; this could help in advances in flexible optical displays in smartphones and televisions, wearable photonic devices and ultra-sensitive sensors that measure strain

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Pioneering change is the key for successful business leaders

Change is not encoded in the DNA of an organization, yet it is essential for growth. The key requirement is a visionary leader who can create a core team with a common vision and focus to spearhead change, says Tapas Gupta, founder and MD of BEI Confluence Communication and formerly president and CEO of a McCann-Erickson agency

Migrating via investment: why US is inferior to Canada, UK, others

The US EB-5 Investor programme or ‘million-dollar green card programme’ requires you to tie up around $575,000 of funds for a long period with no guarantee of success; similar programmes in Canada, the UK or Europe have much less burdensome requirements and may make more sense, says  Ajay Sharma, president of Abhinav Oursourcings

The case for not taxing multinationals

Taxing MNEs' profits, as currently done, wastes resources and is detrimental to global welfare, a new study argues, and suggests we should, instead, tax dividends and sales

Do Indians need to worry about the rise of the robots?

While the number of robots deployed by Indian firms has seen a 200-fold increase in the 21st century, the country still has the lowest density of robots in the world, and they are mostly deployed in jobs that are difficult or dangerous for humans

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