Author: Shehnaz Beig
Shehnaz Beig
Shehnaz Ali Siddiqui is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing around Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.
The UK political landscape is currently witnessing a heated debate over immigration, particularly targeting the Indian community. Some politicians have recently spoken out against Indian immigrants, citing immigration issues as a reason for political challenges. Former UK ministers Robert Jenrick and Kemi Badenoch have proposed stricter immigration policies, specifically targeting Indian nationals. However, their arguments fail to acknowledge the immense contribution of Indians to the UK economy. While the political shift in leadership within the Conservative Party and the criticism of Rishi Sunak, the former UK Prime Minister, may not directly impact India, it’s crucial to examine the significant role…
ByteDance, the parent company of TikTok, has emerged as the world’s most valuable startup, boasting a valuation of $225 billion. This figure surpasses the combined net worth of India’s two wealthiest individuals, Mukesh Ambani and Gautam Adani. According to the Bloomberg Billionaires Index, Ambani’s wealth is valued at $116 billion, while Adani’s stands at $104 billion, totaling $220 billion together—still lower than ByteDance’s massive valuation. Global Startup Rankings: ByteDance Leads, SpaceX Follows The global startup landscape is heavily dominated by companies from the US and China, with ByteDance at the top. Elon Musk’s SpaceX holds second place with a valuation…
A fresh fraud case involving ₹2.17 crore has surfaced against notorious stockbroker Ketan Parekh. An FIR was filed by an investor from Andheri, Mumbai, accusing Parekh and a 37-year-old woman of cheating him. Ketan Parekh, who was previously convicted in the infamous 2001 stock market scam, has once again landed in legal trouble. FIR Details: Charges Against Ketan Parekh The FIR, lodged at the Versova Police Station, was filed under various sections of the Indian Penal Code (IPC), including Section 406 (criminal breach of trust), Section 420 (cheating), and Section 34 (acts done by several persons in furtherance of common…
Investing in mid cap mutual funds has proven to be a solid strategy for investors looking to balance risk and reward. Mid cap funds focus on medium-sized companies that show potential for higher growth than large cap firms but carry less risk than small caps. Over the past five years, some top-performing mid cap mutual funds have delivered stellar annual returns, ranging from 32% to 38%, significantly beating their benchmark, the Nifty Midcap 150 Total Return Index (TRI). Here’s a closer look at why mid cap funds are worth considering and which ones have outshone their peers. What Are Mid…
Market regulator SEBI has raised concerns over companies using funds from Initial Public Offerings (IPOs) to repay loans taken by promoters or their associated groups. This move by SEBI has put several IPO applications on hold, as companies are being asked to modify their plans for utilizing the funds. SEBI has been advising companies to use other financial methods for repaying these debts instead of directly using the funds from IPOs. No Direct Rule But SEBI Changes Stance Currently, no specific rule in SEBI’s framework directly prevents companies from using IPO money to repay promoter loans. However, SEBI is now…
Uttar Pradesh is about to set a new record by constructing its longest expressway, connecting Gorakhpur to Panipat in Haryana. This new expressway, stretching 750 kilometers, will make travel between Gorakhpur and Haridwar incredibly faster, reducing the time to just 8 hours. The expressway is expected to benefit a total of 22 districts in the state, especially those near the Nepal border. Connecting East and West UP Starting from CM Yogi Adityanath’s hometown, Gorakhpur, the expressway will pass through key districts like Siddharthnagar, Balrampur, Shravasti, Bahraich, and Shamli before reaching Panipat. The National Highway Authority of India (NHAI) has already…
The Income Tax Department has given a big relief to taxpayers by extending the deadline for submitting income tax audit reports. Originally set for 30th September 2024, the new deadline is now 7th October 2024. This extension offers significant relief to those who were struggling to meet the original date. Official Circular from the Income Tax Department The announcement was made via a circular issued by the Income Tax Department on 29th September 2024. The extension applies to individual taxpayers, companies, and other entities required to submit their audit reports. These taxpayers, for whom the ITR filing deadline is 31st…
Foreign Portfolio Investors (FPIs) have raised concerns over the Securities and Exchange Board of India’s (SEBI) recent efforts to tighten regulations for derivatives trading. These concerns were shared during discussions at the JP Morgan India Investor Summit, where SEBI officials addressed the growing worries regarding the proposed changes in the Futures & Options (F&O) market. The primary concern stems from the rising volatility in index options as their expiry nears. SEBI’s Proposed Changes to F&O Trading SEBI is expected to discuss the proposed changes to F&O trading rules in its upcoming board meeting. The changes are aimed at curbing the…
In the first 100 days of its third term, the Ministry of External Affairs (MEA) under the leadership of Foreign Minister S. Jaishankar has achieved several significant milestones. These efforts have not only strengthened India’s international presence but also helped to further establish the nation as a key player in global affairs. From high-profile diplomatic visits to signing crucial agreements, the MEA’s work in these 100 days reflects India’s growing influence on the global stage. Here’s a look at some of the major accomplishments. 1. Diplomatic Visits Strengthen Bilateral Relations International travel played a key role in enhancing India’s foreign…
India is on track to become a major global player in the consumer durables market, with projections indicating that it will rank fourth globally by 2027. According to the Confederation of Indian Industry (CII), the country’s consumer durables market is expected to grow significantly, reaching a value of Rs 5 lakh crore by FY 2030. India’s Growing Global Credibility in Manufacturing B Thiagarajan, Chairman of CII’s National Consumer Electronics and Durable Goods Committee and Managing Director of Blue Star Ltd, highlighted India’s progress in manufacturing during the CII Consumer Electronics and Durable Goods Summit 2024. He emphasized that Indian-made products…