BUSINESS
Predictable, progressive taxes needed for India to become a global gaming hub: Suggest experts
The event had five eminent panelists: Mr. Rohan Shah, Senior Counsel Supreme Court; Mr. Trivikraman Thampy, Online Games Entrepreneur, Founder-CEO Games24x7; Mr. Swapan Sarkar, Chief Executive, Sarkar & Associates; Mr. Suraj Malik, Managing Partner, Legacy Growth Partners; and Dr. Ramakrishnan Thiruvananthapuram S, Public Policy Analyst.
Global tech stocks tumble amid supply issues
Apple shares hit their lowest point since June 2021. Tesla's stock has dropped 73 per cent from a record high in November 2021. Companies have struggled to keep production going in China due to Covid restrictions and weeks of lockdowns, BBC reported. Now they are facing a staffing crunch as China battles a Covid wave after lifting years of restrictions.
Ex-Forbes lister Dhoot & Videocon's 'big con' on ICICI Bank
Though starting in a small way in Aurangabad, initial quick successes, certain right business decisions, quick wealth flowing in led to an 'intoxication' coupled with ambitions and greed, that led to the collapse of the Group, all in less than four decades. The paterfamilias, the venerable Nandlal Madhavlal Dhoot had a largely agriculture background, plus an Indian scooters dealership, and then he launched the modest consumer electronics company, Videocon Industries Ltd. in 1984.
YEARENDER: Composite insurance licence regime may trigger M&A activity: HDFC Life CFO Niraj Shah
"HDFC Life completed the merger with Exide life in 2022. We do believe that there is enough growth potential in life insurance sector to grow both organically as well as inorganically," Niraj Shah, Chief Financial Officer (CFO), told IANS in an interview looking back at 2022 and looking forward to 2023.
Musk says open to buying Substack to take on corporate media
Reacting to a user who asked him if it would make sense for Twitter to buy Substack and more tightly connect the two platforms, Musk replied: "I'm open to the idea". "Twitter plus Substack creates instantly massive competition for obsolete legacy corporate media," the user posted. Musk's reaction came after witnessing a lukewarm response from mainstream and corporate media on various versions of "Twitter Files" that he has revealed via independent journalists.
Smuggling of US dollars to Afghanistan hurting Pakistan's economy
"Pakistan is currently dealing with problems on several fronts, the political crisis being the first and biggest one. The dollar crisis is also connected with it," Malik Bostan, the Chairman of the Exchange Companies Association of Pakistan (ECAP), said at a news conference, The News reported.
Japanese firms rank India as top investment destination
Vietnam is a close second with 60 per cent firms opting for the Southeast Asian nation. Not just that. India also topped the list of countries from which Japanese firms expected to increase their profit margins amid the rising global challenges. According to the survey 63.2 per cent of the companies expected their profitability to increase while the figure was 26.8 per cent for China.
Steep rise in prices of essential commodities burning a hole in common man's pocket
Now the scenario is quite different. Even with two or three members, a nuclear family is finding it difficult to control expenses when it comes to spending on necessary items like edible oil, pulses, milk, petroleum, etc.
'Was collecting evidence', says CBI on delay in making arrests in ICICI Bank loan fraud case
The CBI had filed an FIR in the matter on January 22, 2019 while preliminary enquiry (PE) was initiated on December 8, 2017. Initially, the PE took two years to reach a conclusion that a loan fraud of Rs 3,250 crore was made. Two years after the PE, the CBI finally deemeed it fit to lodge an FIR against the accused persons. However, no action was taken after that.
RBI cracked the whip on ICICI, others, for flouting norms, but was ignored: RTI
The RTI of July 2019 shows the time-period of the SCNs and penalties to the banks - from April 2017 - to the State Bank of India, Deutsche Bank, ICICI Bank, Yes Bank, Axis Bank, IDBI Bank, Indusind Bank, Jammu & Kashmir Bank, Karur Vysya Bank, South Indian Bank.
Don't Miss
Advertisement