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Ravi Tiku’s Perspective: Decoding Today’s Headlines

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‘You can be productive but…’: IBM CEO says work from home can derail promotions

May 8, 2023
'You can be productive but...': IBM CEO says work from home can derail promotions

IBM CEO The CEO also highlighted the fact that remote workers do not have the opportunity to learn skills that are normally acquired in person, such as dealing with difficult clients.  Business Today Desk …

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Categories Finance News Tags CEO, IBM, WFH

Warren Buffett’s Berkshire Hathaway posts $35.5-billion Q1 profit, buys back more stock

May 7, 2023
Warren Buffett's Berkshire Hathaway posts $35.5-billion Q1 profit, buys back more stock

Warren Buffett The company’s income from investments has also bolstered its operating profit, leading to an increase of 13 per cent to $8.07 billion, or about $5,561 per Class A share, compared to $7.16 billion …

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Categories Finance News Tags Berkshire Hathaway, Warren Buffett

CBI searches 7 locations linked to Jet Airways founder Naresh Goyal in alleged bank fraud case

May 6, 2023
CBI searches 7 locations linked to Jet Airways founder Naresh Goyal in alleged bank fraud case

CBI searches 7 locations linked to Jet Airways founder Naresh Goyal in alleged bank fraud case CBI officers said they have lodged a new case of ‘alleged bank fraud’ of Rs 538 crore on a …

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Categories Finance News Tags Fraud, Jet Airways, Naresh goyal

It won’t be a cakewalk for Reliance’s Jio Financial in BFSI space: Here’s why

May 5, 2023
It won't be a cakewalk for Reliance's Jio Financial in BFSI space: Here's why

Like Bajaj Finance, Jio Financial has to come out with an innovative offering to make a difference in the market Like Bajaj Finance, Jio Financial has to come out with an innovative offering to …

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Categories Finance News Tags business model, Jio, Reliance, Reliance Industries

US Fed hikes rates by 25 bps to fight inflation despite banking crisis and recession fears

May 4, 2023
US Fed hikes rates by 25 bps to fight inflation despite banking crisis and recession fears

Fed chair Jerome Powell The Fed is aiming to bring inflation under 2 per cent and for that it has resorted to the fastest rate hikes in history, with nine increases since March 2023. …

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Categories Finance News Tags inflation, US Fed, USA

After Adani and Block, Hindenburg takes on billionaire Carl Icahn

May 3, 2023
After Adani and Block, Hindenburg takes on billionaire Carl Icahn

Shares of Icahn Enterprises fell 5.4 per cent in premarket trading. In its research, Hindenburg showed that the valuation of IEP units was unfairly increased by over 75 per cent and that “IEP trades …

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Categories Finance News Tags Carl Icahn, Hindenburg, IEP, NAV

Higher EPFO pension: Here’s how monthly pension and corpus reallocation from EPF to EPS will be calculated

May 2, 2023
Higher EPFO pension: Here's how monthly pension and corpus reallocation from EPF to EPS will be calculated

Before you decide to opt-in for the higher pension income, it is essential to understand the new pension rules’ details, including corpus re-allocation Teena Jain Kaushal When it comes to personal financial planning, prioritising …

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Categories Finance News Tags EPFO, EPS, Higher pension

Higher pension from EPFO: Procedural hassles still a roadblock to applying for higher EPS

May 1, 2023
Higher pension from EPFO: Procedural hassles still a roadblock to applying for higher EPS

EPFO Lack of clarity among EPFO subscribers regarding the necessary documentation and the process for computing the transferable amount  Teena Jain Kaushal Although the deadline to apply for a higher pension from the Employees …

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Categories Finance News Tags EPFO, EPS, Higher pension

‘We have welcomed the investigation’: Adani Group after SEBI seeks more time to complete probe

April 30, 2023
'We have welcomed the investigation': Adani Group after SEBI seeks more time to complete probe

The Supreme Court had ordered SEBI to “expeditiously conclude” its investigation within two months and file a status report by May 2 Pranav Dixit The Securities and Exchange Board of India (SEBI) is asking …

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Categories Finance News Tags Adani group, Investigation, SEBI

Park Avenue, Kamasutra have double-digit sales growth potential for decades to come: Godrej Consumer CFO

April 28, 2023
Park Avenue, Kamasutra have double-digit sales growth potential for decades to come: Godrej Consumer CFO

Godrej is acquiring the consumer goods business of the Park Avenue brand, which includes deodorants, premium soaps and certain categories of shampoos for men. The Rs 2,825-crore acquisition of Raymond FMCG business by GCPL …

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Categories Finance News Tags Godrej, Kamasutra, Park Avenue
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