For the lenders, led by State Bank of India, there are few options. If the new suitors don't show up with a bid, liquidation will be the only other option to recover some part of the over Rs 8,000 crore that Jet owes them. The airline, overall, has a liability of over Rs 20,000 crore. … [Read more...] about Jet Airways gets new interest, this time from Russia’s Far East Development Fund
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One can hold various investments like mutual funds, bonds, equity shares, and exchange-traded funds under one Demat account. Moreover, it is not essential that you should possess shares or balance to retain or open the Demat account. Also, there is the corporate advantage of bonus issues, rights share, stock split, etc. directly getting updated in the account. A Demat account retains certificates of financial instruments such as shares, stocks, bonds, index and gold, government securities, mutual funds, initial public offerings (IPOs), Exchange-traded funds (ETFs), and non-convertible debentures (NCDs) which are traded on the exchanges. Unlike physical trading, there are no additional costs of stamp duty, handling charges, etc. involved when you are trading with a Demat account. … [Read more...] about Demat account opening: How to open demat account in India
TCL’s hybrid smartphone-tablet smartphone could have been showcased at the MWC 2020, which was cancelled due to COVID-19. It is unclear when the company will unveil the product if it plans to make it available for mass-market use.Exclusive offer: Use code "BUDGET2020" and get Moneycontrol Pro's Subscription for as little as Rs 333/- for the first year. … [Read more...] about Render images of TCL’s hybrid smartphone with slide-out display surface online
Foster transparency, but don’t be invasive Openness, trust, and liberal sharing of information are the lifeblood of healthy organizational cultures and thriving teams. When people feel in the loop and trusted, they tend to behave in a more trustworthy way. When they have access to crucial information, they can be more proactive, innovative, and effective in their roles. This applies to work-oriented details, but also the goings-on of their lives. For example, if an employee’s wife is sick, and he has to miss critical client meetings or deadlines, it’s helpful if team members are aware. This way, they can support him, rather than assume he is slacking. … [Read more...] about This is the leadership style that helps cultivate work-life harmony
The middle class cheered as the Hon’ble Finance Minister announced significant cuts in personal tax rates for individuals and HUFs. The government vocalised its underlying intent to boost people’s income and stimulate demand and growth. However, the tax cuts are accompanied by a cost where taxpayer electing the lower tax regime would need to forego specified personal tax deductions and exemptions. … [Read more...] about Budget 2020|Personal tax rate cuts – to elect or not to elect?