Tata Sons, the holding company of Tata Consultancy Services (TCS), has recently grabbed attention within financial circles due to its significant stake sale in TCS. This move has not only made headlines but also sparked discussions about the strategic direction of both Tata Sons and TCS within the highly competitive IT services sector. Key Points: Stake Sale Overview: Tata Sons…

In recent weeks, Ukraine has intensified its use of drones to target Russian oil refineries, causing significant disruption to Russia’s energy infrastructure. These strikes have directly impacted the refining capacity of the nation, with approximately 7% of Russian refining capacity affected in the first quarter of this year alone. One notable example is the Slavyansk refinery located in Krasnodar, a…

As the global economy grapples with various challenges, including inflationary pressures, pandemic-induced uncertainties, and geopolitical tensions, the upcoming monetary policy meetings of major central banks hold immense significance. In particular, the United States Federal Reserve, the Bank of Japan, and the Bank of England are set to convene in March 2024 to deliberate on key policy decisions that will shape…

India, the world’s third-largest energy consumer, is making significant strides towards becoming a premier manufacturing hub for electric vehicles (EVs). The Indian government has introduced a new scheme aimed at attracting foreign investments and accelerating the adoption of EVs, with a particular focus on enticing global players such as Tesla. This policy framework, coupled with Tesla’s potential entry into the…

In 2024, Indian business magnate Gautam Adani and Uber CEO Dara Khosrowshahi initiated discussions aimed at fostering a strategic partnership to expedite the adoption of electric vehicles (EVs) in India. This collaboration holds significant promise in revolutionising the landscape of mobility within the country. Let’s delve into the nuanced details of this exciting venture and its far-reaching implications. A Prelude…

The concept of the Pink Tax has gained significant attention in recent years, shedding light on the pricing disparities based on gender. This phenomenon refers to the extra amount women often pay for everyday products and services compared to men, perpetuating gender stereotypes and contributing to economic inequality. In this article, we will delve into the understanding of the Pink…

The journey of Dilkhush Kumar and Siddharth Shankar Jha, the founders of RodBez, is one of remarkable determination, innovation, and resilience. Born and raised in Bihar, Dilkhush Kumar’s early struggles, including his responsibilities due to his rural background and marriage at a young age, did not deter his dreams of creating something impactful. His entrepreneurial spirit led him through various…

International tax cooperation is becoming increasingly necessary in today’s globalised economy, when enterprises operate across borders and transactions cross national boundaries. International cooperation frameworks have been established by nations to tackle the problems caused by tax evasion, avoidance, and other illicit financial activities. The Convention on International Tax Cooperation stands at the forefront of this endeavour. What is the International…