Private varsities receive show-cause notice for offering degree courses with edtech companies

The All India Council for Technical Education (AICTE) has issued show-cause notices to two private universities for offering degree and diploma courses in collaboration with ed-tech companies, saying this “outsourcing” is a clear violation of norms. The action by the technical education regulator comes after it and the University Grants Commission (UGC) warned universities and … Read more

A midsummer delight for cooling appliances and beverages companies

KOLKATA | NEW DELHI: This summer has been the best in three years for the cooling appliances and beverages sectors, with heatwave across the nation, a delayed monsoon and stable prices driving demand for air-conditioners, refrigerators, cola and cold beverages. Sales of air-conditioners and refrigerators increased 15-18% on year during March to May, as per industry estimates. Cola makers’ … Read more

Delayed summer keeps appliance companies like LG, Samsung in cold

KOLKATA: Consumer electronics companies dropped prices of slow-moving products by up to 20% this month after tepid demand led to a pile-up of inventory, three senior industry executives said. The move was prompted by flat sales since Diwali and a delayed summer, which led to no uptick in sales for cooling appliances like refrigerators and air-conditioners, … Read more

Door and Window Companies Key in on Flexibility at IBS

The International Builders’ Show was preceded by a positive note Wednesday, amid an early morning awards ceremony hosted by World Vision. The organization doled out awards, while celebrating contributions from building products and other construction-related companies toward its mission of serving underprivileged homeowners and communities. “It’s great for the culture,” suggested Suzie Wilford, executive vice … Read more

We analysed 101 companies’ statements on modern slavery – here’s what we found

Modern slavery includes human trafficking, servitude and forced labour, and tens of millions of people around the world are thought to be affected. It affects people in both developing countries and developed countries, including the UK. Businesses can play a major role in either facilitating modern slavery or eradicating it. Yet firms are addressing modern slavery in their supply … Read more

LaVar Ball: Lonzo’s shoe choices ‘making a statement’ to traditional companies

Lonzo Ball has been trying to send a message to shoe companies throughout the Las Vegas Summer League. In his last three games, he has played in a different brand of shoe, and the results have been solid. He scored 36 points in Nikes, dropped a triple-double in Adidas, and had a do-everything type game in … Read more