The U.S. dollar-denominated bonds issued by India’s Adani Ports and Special Economic Zone rose on Monday, after the company commenced a cash tender offer for a buyback of securities. On Monday, Adani Ports and Special Economic Zone, part of the beleaguered Adani Group, said it has floated a tender of up to $130 million of […]
After nearly three years of deliberations, the Indian markets regulator on Wednesday allowed private equity firms to serve as promoters of Indian mutual funds, in a move that may accelerate consolidation in the country’s ₹41 trillion mutual fund industry. The board of Securities and Exchange Board of India (Sebi) also approved a range of proposals […]
The Silicon Bank Valley (SVB) crisis offers many lessons to governments and central banks elsewhere. The crisis, essentially an outcome of failure of investment-risk assessment and asset liability mismatch. Under the US deposit insurance rules, every insured depositor will get up to a ceiling of $ 250000 but in the case of SVB collapse, the […]
Axis Bank said on Wednesday that it has completed its acquisition of Citibank’s India consumer and non-banking finance businesses. The deal, announced in March 2022, has been closed for a cash consideration of $1.41 billion (Rs 11,630 crore) in one of the largest deals in the Indian financial services space. The acquisition will help Axis […]
According to the Oxford English Dictionary, the only word that perfectly rhymes with “orange” is “sporange,” an uncommon botanical term for a part of a fern. But that just gets Eminem all riled up, like a door hinge.
A poll by Elon Musk on whether he should quit as Twitter CEO showed the majority of users of the social media platform who took part voted in favour of the move after the poll ended on Monday. More than half of the 17.5 million respondents voted “yes” in answer to Musk’s Twitter poll. While […]
The government on December 16 slashed the windfall profit tax on domestically produced crude oil and also reduced the levy on diesel. The revised tax rates become effective from December 16, 2022. The tax on crude oil produced by firms such as the state-owned Oil and Natural Gas Corporation (ONGC) has been reduced to Rs […]
In today’s global marketplace, shipping products to international markets has never been easier. But before you dive head-first into the world of online shipping and international sales, there are important regulations and requirements that must be taken into consideration. This guide will discuss important factors related to international online shipping, including customs duties, taxes, documentation […]
In today’s digital world, managing your reputation is more important than ever. Whether you’re a business or an individual, your reputation impacts how others perceive you. However, many people make mistakes in reputation management agency, often without even realizing it. Here are some common pitfalls and how to fix them. 1. Ignoring Negative Feedback One […]
Google Ads, previously known as Google AdWords. It is a platform for online advertising developed by Google. It enables businesses to display their ads on Google search engine results pages (SERPs). It also displays on other Google platforms like YouTube and Gmail. Google ads are essential to increase more reach or traffic on your websites […]
Restaurant uniforms are essential for creating a professional and cohesive look for your staff. They also contribute to a clean and hygienic dining experience for customers. However, finding quality uniforms that fit your budget can be challenging, especially if you need to outfit a large team. Thankfully, online shopping makes it easier to find affordable […]
