News Archives - Ecostar Business

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Hawkers and micro business: the hiding place of illegal immigrants?

February 22, 2025346 Views0

The influx of new hawkers in the streets of many urban centres in India is causing worry among residents. People suspect infiltration of illegal immigrant Bangladeshis. In some places where textile units operate, the illegal immigrants find an easy abode to hide. The immigrants become employable because of their low wage demand and hard work for survival, unlike the workers of the home market. However, the arrest of some illegal immigrants has spoiled the sleep of some textile processing units and restaurant owners. ...

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Byju’s bankruptcy: Tribunal sacks IRP

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February 22, 2025316 Views0

The National Company Law Tribunal (NCLT) directed the Insolvency and Bankruptcy Board of India (IBBI) to sack Pankaj Srivastava, the Interim Resolution Professional (IRP) in the case of Byju’s bankruptcy proceedings. The Tribunal also directed the board to take disciplinary action against him for his conduct that was unfit and improper as an officer of the Tribunal. “The conduct of the IRP in the present case has been filed with the intent to mislead the Tribunal.” The Tribunal, taking note of the conduct of the IPR seriously while hearing the petition filed by Aditya Birla Finance and Glas Trust, ordered the dissolution of the Committee of Creditors (CoC) formed to oversee the bankruptcy proceedings against the company. The petitioners alleged serious fraud in creditor classification. ...

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Mutual Fund unit now in sachet

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February 22, 2025330 Views0

The Indian security market watchdog, the Securities and Exchange Board of India (SEBI), in a discussion paper, favoured sachet format retail dispensing of mutual fund's systematic investments. In the past, expanding the client base for asset management companies (AMCs) was not operationally viable due to narrow profit margins. However, advancements in technology have now made it possible for these companies to manage an unlimited number of investors from any location, effectively addressing the issue of operational viability. No extra technology expenses are involved in managing more accounts, regardless of their size. While AMCs have fixed technology costs, these advancements allow them to attract more customers, including potential future high-value investors. This plan can...

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The phenomenon we are discussing is social media

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February 22, 2025351 Views0

Recently, the National Bureau of Economic Research in the U.S. found that social media users would be willing to stop using TikTok for $59 and Instagram for $47. Many users are eager to escape the social media trap. They indicated they would pay $28 for a universal ban on TikTok and $10 for a ban on Instagram. This presents a unique opportunity for businesses. New tech companies that are developing social media platforms can allocate their advertising budgets strategically to attract younger users. By offering incentives, they can encourage these users to switch to their platforms, which could help the new media gain popularity and increase their user login numbers. ...

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Reasons for Youngsters’ Dejection

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February 22, 2025392 Views0

Youngsters are increasingly feeling dejected due to peer comparisons and unrealistic expectations. In the same class, students often receive different job offers, with some getting better packages despite not having strong exam scores. This discrepancy arises because exam scores reflect hard work, not necessarily talent. While some individuals may lack competitive talent, they compensate by putting in extra effort to secure ambitious positions. However, delays in finding expected jobs can lead to significant stress, especially for those with education loans and parents who have no income after retirement. If a young person becomes overwhelmed by their feelings of dejection and chooses to stay at home, wasting time online, it can lead to self-destruction. Peer comparison and unrealistic...