Business

Companies

Inside the mad dash to save Saks, America’s last luxury retailer

Putting Saks and Neiman Marcus together was supposed to create a luxury powerhouse. Just over a year later, unpaid debts triggered its bankruptcy.

11 min read11:04 AM IST
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News

India simplifies export documentation for West Asia, North Africa markets

The decision is aimed at improving ease of doing business, particularly for small and medium exporters who often face bottlenecks in securing certificates during peak export cycles.

3 min read14 Jan 2026
Opinion

Lego’s latest smart bricks entertain—but also reveal a big educational opportunity it has missed

Critics worry Lego’s new Smart Bricks will dull children’s imaginations by replacing free play with lights and sounds. That fear is likely misplaced. Lego’s real problem is what it could’ve done but didn’t. In an age of AI and robots, it could have helped kids learn how technology works.

3 min read14 Jan 2026
Opinion

Devina Mehra: What are men and women good at? Follow the money and it changes

Women do a great many things better—but this is acknowledged only so long as the work is unpaid. Once skill turns into income, power or prestige, women are edged out and men step in. From kitchens to coding, the pattern raises questions of social equity and economic growth.

4 min read14 Jan 2026
Companies

Godrej Industries eyes wealth management push with fresh subsidiary

The conglomerate has moved Godrej Capital under a new subsidiary, Godrej Investment, signalling a strategic push into regulated financial services.

3 min read14 Jan 2026
Opinion

Why Ryanair’s hard-nosed efficiency is a lesson for no-frill Indian air carriers like IndiGo

After a bruising year, India’s airlines are searching for a reset. Ryanair offers a lesson: brutal cost discipline and a clear compact with passengers can deliver profits and reliability. India’s low-cost carriers like IndiGo could learn a thing or two from it.

4 min read14 Jan 2026
Companies

Alphabet’s rise to $4 trillion cements status as AI trade winner

Alphabet Inc. has crossed the $4 trillion market cap, becoming a leading player in the AI boom. With a significant partnership with Apple and strong stock performance, Alphabet is positioned as a dominant force in artificial intelligence, outpacing competition and attracting investor confidence.

2 min read13 Jan 2026
Companies

Peter Thiel believes every entrepreneur's goal should be to build a monopoly, ‘one-of-a-kind company’ has no competition

Billionaire investor Peter Thiel believes that every entrepreneur's goal should be to build a monopoly company, and that founders who build a ‘one-of-a-kind’ company, that's doing something different, can ensure success.

2 min read12 Jan 2026
Companies

Anup Kumar Saha, former managing director of Bajaj Finance who quit a few months ago, has joined Kotak Mahindra Bank

Anup Kumar Saha, the former managing director of Bajaj Finance, who quit a few months ago has joined Kotak Mahindra Bank as Whole-time Director. In its statement today, the lender said the appointment is subject to regulatory approvals.

1 min read12 Jan 2026
Companies

This Shark Tank India judge mortgaged his house to fund the skincare brand Hindustan Unilever bought for ₹2,955 crore

Shark Tank India judge Mohit Yadav mortgaged his house to fund skincare brand Minimalist, in which FMCG major Hindustan Unilever last year announced it is acquiring 90.5% stake in. The deal was valued at ₹2,955 crore.

2 min read11 Jan 2026