Businesses  

The Indian government and the International Labour Organisation are planning to replace the minimum wage with a living wage by 2025. The initiative aims towards improving living standards in India by providing fair pay. It is a challenging task as minimum wage varies across the nation and can also put small businesses under financial stress. If implemented, the shift can provide decent living and better nutrition and health. 

The growing issue of telecom equipment theft, which is causing significant losses for telecommunications businesses and interfering with consumer services, has prompted the Cellular Operators Association of India (COAI) to call for swift action from the government.
 

This Women’s Day, take the opportunity to empower yourself by setting long-term goals and taking steps to achieve them. The government offers financial support to women wanting to start their businesses. If you’re one of them, then start your journey today.

Celebrities also have many businesses that they manage alongside their Bollywood careers. Having a loyal fan base that supports their ventures is an important factor in business success. 

Tata Motors intends to divide into two different publicly traded businesses. The plan to demerge Tata Motors' operations into two distinct listed companies was accepted by the board of the firm.

Vinay Devraj established his first stall in April 2018 during his college years. In the beginning, his family members and friends expressed concerns about the profitability of the business. Today, he operates four stalls at different locations while making substantial income.

Stand-Up India is a government scheme that offers financial support to people from SC/ST community and women entrepreneurs who are above the age of 18. The purpose of this initiative is to facilitate bank loans to at least one SC/ST borrower and at least one woman borrower per branch to set up Greenfield projects.

Mouni Roy has ventured into the restaurant business. Recently, she opened a lavish restaurant in Andheri, Mumbai. Rupali Ganguly, popular for her role as ‘Anupama,’ owns a production company in collaboration with her father.

Mukesh Sharma, AKA Sharma Ji Chaat Wala, has been running his business since 1989. He is also renowned as Crorepati Chaat Wala as he owns a BMW car and has immense wealth under his name.

Ishwar Singh, a resident of Jodhpur, wanted to venture into a street food business; he was inspired by the rise of street food startups in the country. He employed an innovative idea and decided to utilize his car as a business partner. Setting up a table and chair near the Medical College of Jodhpur, Ishwar began selling cakes.

After graduation, Noah Kagan secured a position as a product manager at Facebook in 2005. However, a year later, he was fired from the job. He persevered and launched his own company in 2010 in collaboration with his friends.

Ravi Prasad sources banana trees from nearby farmers for his handicraft business. To date, he has provided training to 700 women in the art of crafting banana fibre products. On average, his business generates sales of approximately Rs 2 to 2.5 lakh per month.

Arjun Ahluwalia is a prominent and successful entrepreneur in the country. He kickstarted his journey as an entrepreneur when he moved back to India after working in America for several years. Currently, the rural fintech firm ‘Jai Kisan’ is valued at approximately Rs 2,000 crore.

Born and raised in India, Sahoo came to the United States to further his education and transform businesses.

If you’ve not been able to venture into business because of how scary it seems, then this is your sign to put your worries away and finally delve into the world of business.