Shark Tank investors have heard more than 900 pitches from entrepreneurs over the past decade, but only about two dozen of them have earned seven-figure deals. A few months ago, Joe Demin and Rachel Connors made that elite club, walking away with a $1 million investment from Kind Snacks founder Daniel Lubetzky in exchange for a 25% stake in their company, Yellow Leaf Hammocks. … [Read more...] about This social enterprise’s woven hammocks are the perfect backyard addition—and look great indoors, too
Gen y financial planning
A) Recent IT rally has been driven by, 1) better-than-expected quarterly numbers and guidance from most companies, 2) IT is levered to developed countries, which are expected to witness earlier demand recovery driven by huge fiscal push, 3) WFH trend at the margin will increase the need for IT spend from the customers and 4) Offshoring trend might increase as clients focus on costs in this environment. … [Read more...] about DAILY VOICE: Four reasons why IT stocks are hitting 52-week highs
Turning to the gig economy as a safety net poses a series of contradictions. Because workers are generally classified by their employers as independent contractors, they lack rights employees have, such as a guaranteed minimum wage, and earned benefits, such as unemployment insurance. At the same time, gig employers create jobs that are relatively easy to enter, which is especially valuable for workers facing financial instability. And many enjoy the schedule flexibility that comes along with being an independent contractor, even when they work largely under the control and direction of their algorithmic managers. This tension, between limited rights and economic opportunity, has direct implications for how gig workers struggle to receive unemployment insurance during the pandemic. As employees, drivers would get state unemployment insurance that can be hundreds of dollars more than pandemic unemployment assistance because of the way it’s calculated. And because gig workers may … [Read more...] about Gig work used to be a recession-proof safety net. Not anymore
>> Resolution plan has been approved by Committee of Creditors (CoC) and the NCLT. AGR dues are of Rs 12,389cr. After the takeover by the resolution applicant, assets can be sold to raise money. Spectrum is transferrable, can be sold and bought. No money is going to operational creditors, in compliance with the IBC. Insolvency process was initiated by the company itself in February 2018. … [Read more...] about AGR Hearing Highlights | SC adjourns hearing on telcos under insolvency to August 14
“The stocks mentioned have outperformed in the last year one year and selectively we believe stocks like Abbott, Ipca Labs, Jubilant Food works and Tata Consumer are the potential outperformers as they are being leaders in respective categories of products in their sectors,” Vikas Jain, Senior Research Analyst at Reliance Securities told Moneycontrol. … [Read more...] about These lucky 7 midcaps turned largecaps in the last one year; time to buy?