Amid the pandemic, Paytm said it has signed a new office deal to consolidate its workforce in Delhi-NCR by taking up around 5.5 lakh sqft n Noida’s Sector 98. The annual lease cost for the company would be Rs 70-80 crore. Paytm will house around 5,000 of its staff across two towers in Skymark (earlier […]
Archives for June 2020
Food delivery firms asked to cut offers, commission
As economic activities pick up across the country, restaurants are now pressing online food delivery platforms like Swiggy and Zomato to change commission structure, reduce discounts and levy new fees for deliveries. The aim is to be able to stave off closure of restaurants. Restaurants are telling platforms to bring these changes, and especially do […]
Facebook closes political ads loophole ahead of US Presidential Election
Facebook said on Tuesday it would affix labels to political ads shared by users on their own feeds, closing what critics have said for years was a glaring loophole in the company’s election transparency measures. The world’s biggest social network has attached a “paid for by” disclaimer to political ads since 2018, after facing a […]
Chinese brands, endorsers may go slow on promotions
Chinese smartphone and electronic brands in India are likely to tone down or change advertising and marketing pitches amid extreme anti-China sentiments in the country after the death of at least 20 Indian soldiers in clashes with Chinese troops along Ladakh border. Chinese brands and celebrities endorsing them run the risk of the anti-China sentiment […]
New features and old favourites: my tips for advisors this EOFY
This is a guest blog written by Kylie Parker, Xero partner and Director at Lotus Accountants I’ve been an accountant through the global financial crisis and the implementation of GST. Put those two things together and multiply them by ten, and that’s what it’s been like these past three months. The level of change and […]
Slack invested in this online recruiting start-up without ever meeting the CEO in person
Crosschq CEO Mike Fitzsimmons Crosschq At a virtual board meeting in early March, Crosschq CEO Mike Fitzsimmons told directors of his online recruiting company that he was about to make an unexpected call to Slack. With fears of the coronavirus roiling capital markets and the economy on the verge of shutting down, Fitzsimmons wanted to […]
Coronavirus boosts insurance demand, creating a tailwind for fintech
The coronavirus pandemic and resulting market volatility has financial advisors rethinking the role insurance plays in client portfolios. “There absolutely has been a significant uptick” in demand for life insurance and annuities, says John Yackel, Envestnet’s head of strategic initiatives. More than 100,000 advisors have used the firm’s Insurance Exchange, he says, adding, “People are […]
Premier League’s Return: A Hat Trick of Cyberthreats?
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BDO merges in PBTK – Accounting Today
BDO USA, a Chicago-based Top 10 Firm, has added Piercy Bowler Taylor & Kern, CPAs, a firm based in Las Vegas, expanding BDO’s presence in Nevada and Utah. The deal will add nine partners and approximately 60 professionals from PBTK to BDO and is expected to close on July 1. Financial terms were not disclosed. […]
17 strategic questions to answer before reopening
With regulations being relaxed in many states, organizations are turning their attention to how and whether to reopen their offices. Though health and safety questions are top of mind for many, strategic issues are also important to consider. In the midst of all the damage it has caused, the pandemic has given businesses an opportunity […]