One97 Communications, which runs the online payment platform Paytm, has moved the Delhi High Court alleging that telecom service providers are not blocking fraudsters who are defrauding its customers by “phishing” activities over the various mobile networks. Paytm has claimed that millions of its customers have been defrauded by the phishing activities over the mobile […]
Archives for 2020
Oil ETF faces probes into risk disclosures to investors
A popular ETF that uses complex derivatives to track oil is being investigated by U.S. regulators over whether its risks were properly disclosed to investors, scrutiny triggered by crude’s historic slump during the coronavirus crisis, said three people familiar with the matter. The SEC and the Commodity Futures Trading Commission have both opened probes into […]
The Importance of Inventory Management for Small Businesses
Small businesses thrive on the relationships they build with customers and product suppliers. However, at any moment, these relationships can struggle due to the lack of proper inventory management. To prevent a shortage or surplus of your company’s products, managing your inventory on a regular basis helps your business thrive in areas such as customer […]
Protecting seniors from COVID-19 fraud
Offers to sign up for a COVID-19 vaccine, an IRS agent calling to confirm a stimulus payment, or someone at the door offering to swab your nose to see you have the coronavirus. These are among the ploys scammers are implementing right now against American seniors in hopes of profiting from the uncertainty, fear, and […]
How Kinder Pocock accountants are serving their clients during lockdown
Kinder Pocock, an award-winning digital accounting firm, works with global clients from their base in Herefordshire. Sharon Pocock started the business in 2005 so she could balance working and caring for her children, and by 2016, she had earned Xero’s MVP award. Communication is key Kinder Pocock began a full work from home policy in […]
Trump’s move against social media firms unlikely to change India’s stand
Illustration: Rahul Awasthi US President Donald Trump’s executive order diluting the immunity enjoyed by social media companies is unlikely to change India’s stand on making firms such as Twitter and Facebook more responsible and accountable for content posted on their platforms. India has been facing a challenge of misinformation on a large scale and has […]
ETtech Top 5: Online grocery consolidation, fashion retail makeover, Wipro’s new CEO & more
Happy Friday! The weekend is here. But we still don’t have a clue on what Monday is going to like. The government is yet to announce whether it’ll extend or lift the lockdown. Meanwhile, India’s online grocery market, which is expected to drive e-commerce growth in 2020, may be heading for consolidation. Paytm Mall-Grofers potential […]
Small Businesses Can Bypass Complicated GAAP Rules For Crypto Accounting – Forbes
WASHINGTON, DC – APRIL 27: The Internal Revenue Service headquarters building appeared to be mostly … [+] empty April 27, 2020 in the Federal Triangle section of Washington, DC. The IRS called about 10,000 volunteer employees back to work Monday at 10 of its mission critical locations to work on taxpayer correspondence, handling tax documents, […]
An outsourced family CFO – Accounting Today
The purpose of a family office is to organize and centralize the management of a family’s personal and business financial affairs, and to maintain the financial house in as good an order as that of a well-run public company. The origin of the family office concept came from extremely wealthy families, and the family office […]
ITC Hotels partners with Swiggy for home delivery of food
ITC Hotels said on Friday that it has partnered with the on-demand delivery platform Swiggy to offer ITC’s dining options to customers in the comfort of their home. ITC Hotels said Swiggy will enable ‘no contact’ deliveries on all pre-paid orders, which involves a delivery partner leaving the food at the doorstep rather than an […]