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• Mphasis share rises 4% on acquisition of UK-based Datalytyx

  by Lara Henry 20 de novembro de 2020
  Today, after its subsidiary Mphasis Consulting acquired UK-based Datalytyx for up to 13.3 million pounds (about Rs 130.4 crore), the share of IT company Mphasis gained more than 3 percent. After 3 consecutive days of decline, the stock has gained. At Rs 1349.85, also its intra day high, the marke...

• China Cosmetics Firm Yatsen Pops After $617 Million IPO

  by Lara Henry 20 de novembro de 2020
  After collecting $617 million in a U.S. original public offering priced at the top of a marketed range, Chinese cosmetics firm Yatsen Holding Ltd. increased 75 percent in its trading debut. 58.75 million American depositary shares were sold for $10.50 each by the corporation behind the fast-growing...

• Singapore's post-COVID-19 economic plans announce new ideas

  by Lara Henry 20 de novembro de 2020
  In order to support Singapore as it tries to steer the economy out of the COVID-19 crisis, seven industry-led partnerships formed to build and implement ideas have established solutions that include launching autonomous road shuttles and developing seamless shopping experiences to help the retail se...

• SOFTWARE GROUP ACQUIRES NEW ZEALAND BUSINESS

  by Lara Henry 20 de novembro de 2020
  A New Zealand-based company has been purchased by a tech company that counts Leicester City Football Club, Cineworld, and Domino's Pizza among its customers and recently secured the keys to its new £ 22 million headquarters in Loughborough. Unleashed, which provides inventory management ...

• Vocus Group announces plans to list New Zealand business

  by Lara Henry 20 de novembro de 2020
  Vocus Group, listed by the Australian Securities Exchange (ASX), has named financial advisors to conduct a listing of the fourth largest retail telco in New Zealand, Vocus NZ. The original public offering (IPO) on the New Zealand Stock Exchange (NZX) was scheduled to take place before the end of 202...

• Explained: Here’s how salary hike in banks will be rolled out.

  by Lara Henry 24 de julho de 2020
  With the Indian Banks' Association (IBA) – the umbrella body of banks – and the Unified Forum of Bank Unions (UBFU) signing a Memorandum of Agreement to address the three-year litigious problem of pay revision, close to 8.5 lakh bank workers are supposed to earn a 15 percent raise in the...

• Extention of date for claiming tax credit: HC asks Commissione

  by Lara Henry 24 de julho de 2020
  The Chhattisgarh High Court has asked the local GST Commissioner to refer to the GST Council the matter of granting more time to file a transitional credit claim with those assesses who were unable to do so in time because of technical failures. Transitional loan, or CENVAT loan, refers to the use o...

• GST rates can be reduced further if tax base increases.

  by Lara Henry 24 de julho de 2020
  Goods and Services Tax (GST) rates can be reduced further if the tax base increases, said Dr. Ajay Bhushan Pandey, Finance Secretary, Ministry of Finance. Addressing a session on ‘Digitization in Governance’ at CAPAM 2020, on Thursday, Dr. Pandey said, “We are quite aware of this a...

• GST e-invoicing for biz with Rs 500-cr turnover from Oct 1.

  by Lara Henry 24 de julho de 2020
  The government will notify a new GST e-invoice scheme under which companies with Rs 500 crore turnover and above will generate all invoices on a consolidated platform of government beginning on October 1, an official said on Thursday. The turnover level for companies was previously set at Rs 100 cro...

• GST, I-T mop up in Q1 very encouraging, indicates economic.

  by Lara Henry 24 de julho de 2020
  Finance Secretary Ajay Bhushan Pandey said Thursday that tax mop-up in the first quarter of the current fiscal year is "very promising" and suggests that the economy is improving faster than was expected at the time of lockdown implementation. At the time of filing income tax (I-T) return, he said t...

• Govt dumps new GST return system- with modified version.

  by Lara Henry 24 de julho de 2020
  Rather than rolling out a new model, the Government plans to strengthen the current GST return filing system. This year the latest program was to be launched on 1 October. Yogendra Garg, CBIC 's Principal Commissioner for GST Policy, while speaking at a webinar hosted by Assocham, said the change wa...

• Steps to avoid banking frauds in Whats App

  by Lara Henry 6 de maio de 2020
  Right now, we all depend heavily on our smartphones and applications such as WhatsApp, Zoom etc. to get through this time of lockdown and keep in contact with people. As far as regular messages are concerned, WhatsApp has been the mainstay for a number of people. It's fast, trouble-free, and conven...
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