India’s digital economy is experiencing phenomenal growth, necessitating a robust tax framework for digital goods and services. The government has adopted a two-pronged approach, leveraging the Goods and Services Tax (GST) and the Equalization Levy (EL) to capture this economic activity. What Are Digital Goods? Digital goods, also referred to as e-goods, are intangible products…
In a move that could impact India’s integration with global markets, the Securities and Exchange Board of India (Sebi) has rejected a proposal from the National Stock Exchange of India (NSE) to extend trading hours for index derivatives. The NSE had proposed pushing the closing time from 6:00 PM IST to 9:00 PM IST, aiming…
Elon Musk’s decision to visit China shortly after canceling a trip to India sparked debate about electric vehicle (EV) ambitions in both countries. Let’s delve into the factors that might have influenced Elon Musk’s prioritization: India’s Potential and Challenges India, with its growing middle class and rising fuel prices, presents a promising EV market. However,…
Discounts and coupons are a constant presence in the shopping world. They lure us in with promises of savings, but how can companies afford to slash prices and still turn a profit? The answer isn’t a simple one, but it boils down to several clever strategies. Volume Over Margin: One tactic is the high-volume, low-margin…
Kotak Mahindra Bank reported a positive performance for Q4 FY24, exceeding analyst expectations.Private sector lender Kotak Mahindra Bank on May 4, 2024 reported a net profit of ₹4133 crore for the January-March quarter of financial year 2023-24, which is up by 18% reported in the corresponding quarter of last year. Profits : Net Interest Income…
Indegene, a leading provider of digital-first commercialization solutions for the life sciences sector, is poised to enter the public market through an Initial Public Offering (IPO) commencing on May 6th, 2024. This analysis delves into the key details of the Indegene IPO, providing valuable information for potential investors. Indegene IPO Offering: Indegene: A Digital-First Leader…
Companies need a variety of things from their employees, but some of the most common needs include: The specific needs of a company will vary depending on the industry, the size of the company, and the specific role of the employee. However, the needs listed above are generally important to most companies. What Your Company…
Coforge Ltd. shares witnessed a steep decline of nearly 10% on Friday, May 3rd, 2024, following the announcement of their Q4 results for the March 2024 quarter. This drop comes alongside news of a planned acquisition of a majority stake in Cigniti Technologies. Financial Performance Misses Estimates The decline in share price is attributed to…
On May 2nd, tech giant Apple sent a tremor through the financial world by announcing a share buyback program unlike any other in U.S. history. The colossal $110 billion price tag dwarfs Apple’s previous record and signifies a potentially significant shift in the company’s strategic direction. This bombshell announcement coincided with Apple’s quarterly earnings report….
The decisions of the United States Federal Open Market Committee (FOMC), commonly known as the Fed meeting, have a demonstrably significant impact on global financial markets, including the Indian stock market. This article explores the key mechanisms through which the Fed’s monetary policy actions influence Indian equities. Interest Rate Dynamics The Fed’s primary tool for…