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 […]
Archives for 2020
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 […]
Greatest Short Squeeze of All Time?
Now this is just breathtaking – I have no skin in the game on this one but cannot stop watching it. I think what’s happened with Tesla recently represents the greatest short squeeze of all time. A rally since around October when they surprised to the upside in an earnings report has just culminated in […]
How an Accounting Tweak Will Make Amazon’s Most Profitable Business Even More Profitable – The Motley Fool
Amazon (NASDAQ:AMZN) reported blockbuster fourth-quarter results last week, sending the e-commerce giant’s market cap back above $1 trillion. The move higher was fueled by heavy investments in one-day delivery that are already starting to pay off. As usual, the Amazon Web Services (AWS) cloud infrastructure business carried overall profitability, representing two-thirds of the company’s total operating […]
A Seller’s Guide to Economic Nexus Laws by State
Economic nexus has taken the nation by storm. With the majority of states establishing economic nexus laws (43 states to be exact), it can be hard to keep up with all of the rules and changes. Regardless of if you have in-person or online sales, you need to know whether the state you’re selling in […]
Stocks making the biggest moves premarket: Clorox, McKesson, Sirius XM, Alphabet & more
Check out the companies making headlines before the bell: Clorox (CLX) – The household products maker beat estimates by 15 cents a share, with quarterly earnings of $1.46 per share. Revenue also topped estimates and Clorox raised its full-year outlook as cost savings and price increases made up for increased costs. McKesson (MCK) – The […]