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.
If you’re on the lookout for an investment option that combines both innovation and strategy, then the newly launched Baroda BNP Paribas Nifty 200 Momentum 30 Index Fund might just be the right choice. The mutual fund company has come up with this new scheme to offer investors a chance to capitalize on the momentum strategy, which has been a proven winner over the years. The New Fund Offer (NFO) for this scheme is now open for subscription from 25th September 2024 and will continue till 9th October 2024. Here’s what makes this new fund offer a special opportunity for…
If you’re someone who loves to shop for gold, silver, or diamond jewellery, this year’s Delhi Jewellery and Gem Fair 2024 is going to be a dream come true! Imagine walking through aisles filled with over 1.5 lakh jewellery designs, with more than 700 brands and 650 exhibitors from all across India showcasing their finest collections in one place. This unique opportunity is set to take place at Pragati Maidan, New Delhi, from 29 September to 1 October 2024. Whether you’re a fan of traditional styles or modern, trendy pieces, this fair promises something for everyone. A Jewellery Lover’s Paradise…
The Bombay High Court recently refused to entertain a petition filed by Hindustan Unilever Limited (HUL) challenging a ₹962 crore tax demand issued by the Income Tax Department. The demand stemmed from a 2024 order passed by the Deputy Commissioner of Income Tax, raising questions about HUL’s compliance with tax rules involving trademark purchases. Background of the Case: Trademark Purchase Dispute The core of the dispute revolves around HUL’s acquisition of the health drink brand Horlicks from GlaxoSmithKline (GSK) in 2020. The transaction, worth over ₹3,000 crores, involved the transfer of intellectual property rights, including trademarks registered in India. According…
Anmol Ambani, son of Anil Ambani and nephew of Asia’s richest man Mukesh Ambani, has been fined ₹1 crore by the Securities and Exchange Board of India (SEBI). The penalty is linked to a violation in a corporate loan case concerning Reliance Home Finance, where Anmol serves on the board. This action by SEBI also involves the company’s Chief Risk Officer, Krishnan Gopalakrishnan, who has been fined ₹15 lakhs. Loan Approval Sparks SEBI Action The fine stems from an incident in February 2019, where Anmol Ambani approved a ₹20 crore loan to Acura Productions Private Limited. This approval went against…
Telecom company Vodafone Idea Limited (VIL) has approached the Indian government for relief concerning its massive Adjusted Gross Revenue (AGR) dues. After the Supreme Court dismissed its curative petition seeking corrections in the calculation of statutory dues and waivers on penalties and interest, VIL is now turning to the government for assistance. The company’s total AGR dues amount to around ₹70,000 crores. Discussions with Government Officials in Full Swing During a recent investor call about the company’s ₹30,000 crore deal for 4G and 5G telecom equipment, VIL Chairman Ravinder Takkar shed light on the ongoing discussions with senior government officials.…
In the ongoing free trade agreement (FTA) negotiations between India and the European Union, a key area of focus has emerged: the alcohol industry. The ninth round of talks, which began today, could potentially see significant changes in import duties on European alcohol in India. Duty on European Alcohol May Drop to 50% in 10 Years Currently, European whisky and other alcoholic beverages face a hefty 150% import duty when entering India. However, sources suggest that India might agree to gradually reduce this duty to 50% over the next decade. This would involve an annual reduction of 10%, a move…
Prime Minister Narendra Modi highlights India’s innovation-driven growth and tech collaboration at a roundtable with leaders from top US technology firms in New York During his recent visit to the US, Prime Minister Narendra Modi hosted a significant roundtable discussion with the heads of leading American technology companies. This event, held at the Lotte New York Palace Hotel, was a major highlight of his trip. The meeting, attended by 15 prominent CEOs of companies that specialize in advanced technologies such as Artificial Intelligence (AI), quantum computing, and semiconductors, showcased India’s immense potential and drive towards technological growth. Growing Confidence in…
Losing a loved one often brings profound life changes, and for Dr. Syed Sabahat Azim, the tragic death of his father led to a life-altering decision. Once a dedicated IAS officer, Dr. Azim chose to leave his prestigious post and step into the world of healthcare entrepreneurship. His mission? To make affordable healthcare accessible, especially for those living in rural areas. Today, he is the founder of Glocal Healthcare Systems (GHS), a chain of hospitals that provide medical care at affordable prices, changing the lives of thousands across India. Leaving IAS for a Bigger Mission Dr. Azim’s life took a…
Starting a business may seem daunting, but certain opportunities can be both easy to manage and highly profitable. One such business idea is growing and selling bonsai plants. With the rising demand for these plants, especially as decorative items and symbols of good luck, the bonsai plant business can help you earn lakhs of rupees from the comfort of your home. The best part is that the Central Government even provides financial assistance for those who wish to venture into this business. Two Ways to Start Your Bonsai Plant Business If you’re thinking of starting a bonsai business, there are…
Elon Musk’s social media platform X, formerly known as Twitter, has agreed to comply with the Supreme Court of Brazil’s demands after a lengthy standoff. The platform was banned in Brazil in late August for failing to follow court orders related to controlling hate speech. After initially refusing to comply, X has now agreed to the court’s conditions, paving the way for the platform to resume operations in the country. X to Appoint Legal Representative in Brazil One of the Supreme Court’s key demands was for X to appoint a legal representative in Brazil, a requirement for foreign companies to…