General Atlantic will be looking at opportunities to increase its stake in Jio Platforms and its alliance with the digital unit of Reliance Industries is for the long haul and not just till the initial share sale of the company, said a top official of the Indian unit of the US private equity player. “We […]
Archives for 2020
Powell says GDP could shrink more than 30%, but he doesn’t see another Depression
Federal Reserve Chairman Jerome Powell holds a news conference following a two-day Federal Open Market Committee meeting in Washington, June 19, 2019. Kevin Lamarque | Reuters The U.S. economy could shrink by upwards of 30% in the second quarter but will avoid a Depression-like economic plunge over the longer term, Federal Reserve Chairman Jerome Powell […]
March Year End? Are your accounts with your accountant yet?
March is the chosen financial year end for more than 60% of our bookkeeping clients, whether they are a sole trader or a limited company. So in April and May we are completing March and April bookkeeping for our bookkeeping clients, completing their VAT returns and finalising their accounts to hand over to their accountant. […]
Why eating well is the key to improving your wellbeing
Whether it’s the stress of running a small business, or the anxiety you might be facing at an accounting firm, there are a lot of things out of your control right now. There are some things however around wellbeing that you can take control of today. In our recent wellbeing series, we’ve been looking at […]
mRNA Vaccine Playlist
I applaud all of the businesses who are now attempting to reopen by evolving their businesses on the fly. It’s commendable, and brave and ingenious. Unfortunately, it’s too late and too small to give us a recovery back to the 2019 economy any time soon. You can’t operate a restaurant or a catering hall or […]
Lockdown 4.0: E-commerce firms may finally resume full operations
Representative Image E-commerce companies such as Flipkart, Amazon and Snapdeal, as well as vertical etailers including Lenskart, Nykaa, and Firstcry, are expected to resume full operations from Monday after the central government removed all restrictions on online retail as part of its plan for Lockdown 4.0. These platforms were so far restricted to selling non-essential […]
It’s Not All Relative – Compensating Family Members
If you have a family member working at your business, you probably know you need to avoid nepotism. You wouldn’t hire a less-qualified or unqualified family member, pay them more, promote them, or allow them to defy company policies because of their relationship to you. But even if your family hire is qualified, receives a […]
Covid-19 lockdown has turned niche food vloggers into social media stars
It’s Lockdown 4.0. Everyone knows someone who is fussing about, failing at, or flaunting their culinary skills. From millennials to Gen Z, from Boomers to their seniors, people across age groups and geographical boundaries are picking up the ladle — either for the first time in their life or for the first time in a […]
General Atlantic to invest Rs 6,598.38 crore in Jio Platforms
Private equity firm General Atlantic has agreed to plough Rs 6,598.38 crore into Jio Platforms, the holding company of India’s largest telecom operator. The US-based fund which manages $35 billion in assets globally will buy a 1.34 percent in Jio Platforms, valuing Mukesh Ambani-promoted Reliance Industries’ subsidiary at an equity value of Rs 4.91 lakh […]
Australia says China ignores calls to ease trade tension
MELBOURNE (Reuters) – Australia urged China on Sunday to respond to its requests to discuss easing tensions between the two trading partners after Canberra called for an international enquiry into the origins of the novel coronavirus. China, accusing Australia of playing “petty tricks”, has recently suspended beef imports from four of Australia’s largest meat processors […]