Video on demand players Hotstar, Jio, SonyLIV, Network18 and Eros have signed up to form an independent adjudicatory council to resolve consumer complaints, a step some streaming platforms have termed as increased censorship, regressive and unnecessary. The Digital Content Complaint Council (DCCC) will be led by a retired judge and have representation from government bodies […]
Archives for February 2020
Will take learnings from India to take Google Pay global: Pichai
Google will take learnings from its successful Google Pay platform in India to other global markets, Alphabet CEO Sundar Pichai said. Alphabet is the parent company of Google. “We’ve had a lot of traction with our payments product over the past 18 months. We had a tremendously successful launch in India from which we learned […]
Shein’s importer Sino India Etail withdraws plea against Customs
Sino India Etail, an importer for Chinese apparel and lifestyle brand Shein, has withdrawn a petition that had challenged the seizure of hundreds of its packages and the sealing of its warehouse in Mumbai by the Customs department. The company withdrew the writ petition filed in the Bombay High Court against the Office of the […]
Zomato lets go of exclusivity for cloud kitchens
Zomato haswithdrawn exclusivity rights for restaurants operating out of its cloudkitchen facility, according to six brands using the service and emails seen by ET.The move — which essentially allows these restaurants to list on rival platforms such as Swiggy — underlines a major shift in strategy for Zomato, which had pegged exclusive supply on its […]
Paytm to monetise offline merchant base; plans to cut losses by half: CEO
Vijay Shekhar Sharma Financial services and commerce platform Paytm plans to cut annual losses by half over the next two years, CEO Vijay Shekhar Sharma told ET. This will be done by monetising its offline merchant base, scaling its merchant network, and rolling back on discounts across businesses, he said. The SoftBank and Alipay-backed company […]
What Are Your Thoughts: YouTube revenues, Amazon Prime subs, etc
All new episode dropped today, hope you like it. Subscribe to the channel so you never miss it! [embedded content] In this edition of What Are Your Thoughts, Michael Batnick and Josh Brown discuss: * YouTube revenue growth is on fire, but who gets the money?* Netflix vs Cable Subs – crossover imminent!* The short […]
Partner Pages 2020: Meet the future of the industry
By Lauren Evans, Bachelor of Commerce student, Bond University, Queensland Welcome to Partner Pages: a magazine made up of stories from the Xero Partner community, for the Xero partner community and shared as part of Roadshow Australia each year. What better way to discover how to attract future talent than by learning first hand from the future […]
Final rules determine maximum vehicle values
The IRS updated the fleet-average and vehicle cents-per-mile valuation rules described in Regs. Secs. 1.61-21(d) and (e), respectively, to align the limitations on the maximum vehicle fair market values (FMVs) for use of these special valuation rules with recent statutory changes made to the depreciation limitations in Sec. 280F (T.D. 9893). The regulations finalize, without […]
Thinking About Technology Today Can Help You Innovate for Tomorrow
When you imagine your business in the next 10 years, what does it look like? Are you working with an entirely virtual team? Do you have a formal office space? Are your client meetings all done over conferencing tools to support your busy schedule? As you work to put together a forward-thinking business plan, it’s […]
Resident Foreign Currency Account – RFC Account for returning NRI
Resident Foreign Currency Account (RFC Account) is a special bank account that can be maintained by resident Indians in foreign currency. NRI returning to India always worried about what to do with foreign assets and money earned in foreign currency. Common questions asked by NRI’s are – Can I hold foreign currency after returning to […]