This is one of the three questions George Kinder tells advisors to discuss with their clients in order to do what he calls “Life Planning” as opposed to just financial planning. My colleague Blair duQuesnay talked with George about why these three questions are so powerful in the context of serving as a fiduciary to […]
Archives for April 2020
Supply of essentials gets caught up as lockdown tightens
Consumers are finding it difficult to buy food, groceries and other essential goods at retail stores and through e-commerce platforms after several states intensified efforts to lock down the so-called Red Zones with a higher density of Covid-19 positive cases. According to a survey by community platform LocalCircles, the percentage of consumers who were able […]
Guidance on NOL carryback and tentative carryback adjustments
The IRS provided guidance on how taxpayers who want to elect to waive or reduce the new provision requiring taxpayers with net operating losses (NOLs) arising in tax years beginning in 2018, 2019, and 2020 to carry them back five years (Rev. Proc. 2020-24). The IRS also extended the deadline for filing an application for […]
ETtech Top 5: Hyperlocal model gets a new lease of life, brands go big on face masks & more
Illustration: Rahul Awasthi Hyperlocal model gets a new lease of lifeHyperlocal delivery of food and groceries is making a comeback. As India went into lockdown, e-commerce firms started forging partnerships with brick-and-mortar stores to cater to the spike in demand of essential goods. The modelHyperlocal delivery, which involved picking up goods from neighbourhood mom-and-pop stores […]
BankBazaar raises Rs 29 crore from Amazon, other investors
Financial services marketplace BankBazaar has raised Rs 29 crore as part of its ongoing Series D round from existing investors including Amazon, Sequoia and Walden SKT Venture Fund, according to its filings with the Registrar of Companies. This funding comes more than two and a half years after the global credit rating agency Experian had […]
Exclusive: KKR’s Envision Healthcare hires bank to explore debt restructuring – sources
(Reuters) – Envision Healthcare Corp, a U.S. provider of physicians and other medical staff owned by buyout firm KKR & Co Inc (KKR.N), has hired a financial adviser to explore ways to restructure its $7.5 billion debt pile, people familiar with the matter said. Envision’s move underscores the struggles facing the medical industry in the […]
Digital transformation peak: where the channel goes from here
The technology industry has come to a precarious position. Although businesses today understand the importance of technology for achieving their objectives, they are also experiencing ‘digital transformation’ fatigue, says Abel Smit, sales director, data solutions & IoT at Tech Data. Numerous organisations have grown tired of technology implementations that do not live up to the […]
AIoT: The powerful convergence of AI and the IoT
From fictional characters like Joey and Phoebe in Friends to the hamburger & fries combo for foodies, the greatest and most powerful duos have existed throughout the history of mankind. They may have a unique individuality but when clubbed together boom! Together, says Dinesh Soundararajan of Contus, they create an awesome and wonderful impact. Similarly, the perfect amalgamation of the […]
Naspers-backed Prosus commits Rs 100 crore to PM CARES Fund
Illustration: Rahul Awasthi Naspers-backed Prosus, the global consumer internet-focused investor, has committed Rs 100 crore to the Prime Minister’s Citizen Assistance and Relief in Emergency Situations (PM CARES) Fund, the disaster relief trust set up to combat the Covid-19 pandemic. The commitment by Prosus is possibly the largest by a single risk capital investor in […]
Availability of essential goods drops again in last 2 days
After showing a steady improvement since the start of the 21-day nationwide lockdown, the availability of essential goods at retail stores and e-commerce platforms dipped in the two days ending April 10, according to a survey by community platform LocalCircles. The percentage of consumers able to buy essential goods via offline stores dropped to 65% […]