MY Sights is the insight newsletter from MYRA School of Business that brings important business news, views, reviews, and interviews to ensure that you stay updated on what is happening in the world. Produced as a bi-weekly newsletter, MY Sights gives a peak to into some of the most important updates from across the globe, with insights and summaries from MSB.
Jeff Bezos to step down as Amazon CEO In the third quarter of 2021, Jeff Bezos will step down as CEO of Amazon – and Andy Jassy will take his place. Jassy has been at the company since 1997 and currently heads Amazon Web Services (AWS) – which offers cloud-computing services to individuals, companies, and…
An Outline of the Union Budget 2021 The Union Budget 2021 was presented on Monday, February 1st by Nirmala Sitharaman (Finance Minister). The first part of her speech discussed budget proposals – which rested on 6 pillars. Health and Well-being Physical & Financial Capital, and Infrastructure Inclusive Development for Aspirational India Reinvigorating Human Capital Innovation…
Saving Silk Sarees The Kanchipuram Silk Saree industry was hit particularly hard during the Covid-19 pandemic and lockdowns. This was due to Indian wedding culture quickly and dramatically changing. Many couples had taken to Zoom to solemnize their vows. Others had opted for more low-key and sober ceremonies with just a few close relatives. Big-ticket…
FMCGs to partner with Kirana Shops in the Country Kirana shops are neighborhood convenience stores that typically sell products like dry groceries, household supplies, and personal toiletries. There are over 12 million Kirana stores across India – and they account for 88% of all retail sales. These stores generate direct and indirect livelihoods for over…
Burger King IPO Burger King is an American fast-food company or a QSR (quick-service restaurant). It is mostly known for its burgers, french fries, milkshakes, and breakfasts. They have an international presence – with each country having a localized menu. They entered into India in November 2014 and now have 268 restaurants spread across 17…
Salesforce acquired Slack to better compete with Microsoft In one of the biggest tech mergers, cloud computing giant Salesforce has acquired workplace chat app Slack for $27.7 billion. It plans to plug the communications service into its own software suite. Slack was founded in 2013 by Steve Butterfield (founder of Flickr). Just 18 months…
