Wednesday, Jul 18 2018 | Time 23:50 Hrs(IST)
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Only 25pc entrepreneurs have defined second line of management: ASCENT-EY

New Delhi, Nov 27 (UNI) Only 25 per cent entrepreneurs have a defined second line of management, according to an ASCENT-EY report titled ‘How ready are entrepreneurs for the journey of scalable growth?’
The report was released at the first experiential learning conclave, themed ‘Growth, Disruption, Entrepreneur’, hosted by ASCENT, a peer-to-peer platform for entrepreneurs.
The report was unveiled by Harsh Mariwala, Chairman, Marico Ltd. and Founder, ASCENT, and Uday Kotak, Executive Vice Chairman and Managing Director, Kotak Mahindra Bank and Pinakiranjan Mishra, Partner and National Leader, Retail and Consumer Products, EY.
Commenting on the report, Mr Mariwala said, “We are proud to partner with EY and hope that entrepreneurs across India, as well as globally can gain valuable insights from the report. For me, the biggest and most interesting take away is the fact that investment in different processes which support customer centricity, leadership planning and operational efficiency, has a multiplier effect on the business and provides disproportionately higher returns to the entrepreneur.”
The report aims to understand entrepreneurs’ readiness for scalable growth and the challenges they face in doing so across seven parameters – customer, leadership, people, operations, finance and transactions, risk management, and technology.
Pinakiranjan Mishra, Partner and National Leader, Retail and Consumer Products, EY added, “Entrepreneurs need to understand that achieving growth is not enough; it also needs to be scalable for long term sustainability and success. Amongst the seven drivers of the growth maturity model, they seem to be doing quite well in understanding customers and managing operations. Entrepreneurs will also need to focus on the other five drivers in order to be successful.”
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Zoho to support incubated startups in T-hub in Telangana

18 Jul 2018 | 11:08 PM

Hyderabad, July 18 (UNI) Zoho, one of India’s leading Operating Systems for Businesses, on Wednesday announced its partnership with T-Hub, a global startup catalyst that powers entrepreneurship and deal flow.

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LOTS Wholesale Solutions unveils first India store in Delhi

LOTS Wholesale Solutions unveils first India store in Delhi

18 Jul 2018 | 9:57 PM

New Delhi, July 18 (UNI) LOTS Wholesale Solutions, a part of the US$ 50 billion Charoen Pokphand Group (CP Group) and a wholly owned subsidiary of Siam Makro Public Company Limited (Siam Makro) from Thailand, on Wednesday unveiled its first wholesale distribution centre in India at Netaji Subhash Place, here
Inaugurated by Minister of Food Processing Industries Harsimrat Kaur Badal, this is the first of the fifteen distribution centres LOTS Wholesale Solutions is aiming to open in India over the next three years.

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Bharathi cement launches new product " Bharati Ultra fast"

18 Jul 2018 | 8:30 PM

Hyderabad, Jul 18 (UNI) France-based Vicat Group, which acquired 51 per cent stake in Hyderabad based Bharathi Cement Corporation Pvt Ltd, on Wednesday announced the launch of its new product " Bharathi Ultrafast", a multipurpose green cement.

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AEL all set to commission new backward integration project from Aug

AEL all set to commission new backward integration project from Aug

18 Jul 2018 | 7:56 PM

Hyderabad, Jul 18 (UNI) Hyderabad-based Aparna Enterprises Limited (AEL), a leader in Manufacturing building materials and a part Rs 1700 crore turnover of real estate company Aparna Group is all set to commission a new backward integration project related to Aluminium windows and doors.

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IndiGo tops the on-time performance chart again: Report

18 Jul 2018 | 7:32 PM

New Delhi, July 18 (UNI) Operating over 1000 daily flights across the 6E network, IndiGo has again recorded the best On Time performance of 84.

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