As the deadline for filing income tax returns (ITR) approaches, taxpayers are reminded of the critical importance of submitting their returns on time. The July 31, 2024 deadline for the fiscal year 2023-24 is fast approaching, and failing to meet this deadline can lead to significant financial penalties and legal repercussions. Understanding the Penalties: For…
New York: Chegg Inc., a major leader in the education technology sector, has revealed a significant reorganization plan that includes layoffs of 23% of its global staff, or 441 individuals. This decision comes after a significant 20.3% spike in post-market trades following the announcement. Nathan Schultz, Chegg’s President and CEO, stressed the importance of this…
IntroductionKissflow, a Chennai-based Software-as-a-Service (SaaS) company, recently lay off around 15% of its personnel, affecting approximately 45-50 individuals across many areas such as sales, marketing, and product development. This decision is the result of a strategic shift in the company’s product emphasis and the findings of its yearly performance assessments. Information about the layoffWhy did…
Musk expresses his joy at Prime Minister Modi’s electoral triumph and announces bold ambitions to invest heavily in India. Elon Musk, CEO of SpaceX and Tesla, has congratulated Narendra Modi, the prime minister of India, on his record-breaking re-election. X is Musk’s new social media platform; he used it to express his enthusiasm for the…
In a historic move to ensure responsible advertising, the Ministry of Information and Broadcasting (MIB) stated that marketers and advertising agencies must now submit a ‘self-declaration certificate’ before publishing or broadcasting any commercials. This directive follows a Supreme Court judgment issued on May 7, 2024, in response to the Indian Medical Association vs. Union of…
The Food Safety and Standards Authority of India (FSSAI) has issued a directive directing Food Business Operators (FBOs) to remove any claims of ‘100% fruit juice’ from labels and ads for reconstituted fruit juices. The regulatory agency detected misleading marketing tactics, prompting this measure. Immediate compliance is required. According to the FSSAI, some FBOs have…
Stock Market Today News | Sensex, Nifty Live Updates As the counting of votes for the 2024 Lok Sabha Elections progresses, the Indian stock markets have experienced significant volatility. On Tuesday, the benchmark indices S&P BSE Sensex and NSE Nifty50 opened in negative territory following a record-breaking session on Monday. The initial market optimism driven…
Blue Dart, a major logistics company, has announced the increase of its electric vehicle (EV) fleet to over 480 EVs, marking a significant step toward sustainability. This program is consistent with the company’s objective of reaching net-zero carbon emissions and demonstrates its attention to environmental conservation. commitment to sustainability This extension is intended to significantly…
In a recent ruling, the Karnataka High Court upheld the state government’s decision to cap the service charge levied by app-based auto rickshaws at 5%, bringing relief to commuters in Bengaluru. The dismissal of petitions filed by ride-hailing companies, including Uber, Ola, and Rapido, signifies a victory for the government’s efforts to regulate service charges…
Mumbai, India, Reliance Industries Limited (RIL), and Tata Group have won a coveted berth on TIME magazine’s 2024 list of the world’s 100 most influential companies, demonstrating their global impact and leadership. The Serum Institute of India has joined them on this renowned list, showing Indian firms’ robust position on the global scene. RIL: A…
