The company has a formal governance structure. It has not raised equity funding yet and the shares are completely owned by the family. Tally Solutions was conferred the best family business award at Moneycontrol Pro’s Indian Family Business Awards 2021, held in Mumbai. The company won the award on April 29, in the 'super' category in which companies with annual revenues under Rs 1,000 crore were nominated. The Bengaluru-based multinational technology company, Tally Solutions Pvt Ltd, provides enterprise resource planning software. Over the last five years, the company has doubled its licensed customer base from 1 million to 2 million users. In 2016, it was shortlisted as a GST Suvidha Provider to provide an interface between the new Goods and Services Tax (GST) server and taxpayers, due to its quick adaptation to the changes brought in by GST. A leader in the accounting solutions space, the company’s roots can be traced back to 1986 when Late Shri Shyam Sunder Goenka … [Read more...] about Indian Family Business Awards 2021: Tally Solutions wins best family business award
Politicians and business leaders
Manipur activist Licypriya Kangujam was called ‘foreign tourist’ by a politician. Her response
Licypriya Kangujam from Manipur is a globally recognised climate activist. (Image credit: @LicypriyaK/Twitter) Licypriya Kangujam, 10, from Manipur, is a globally recognised climate activist. Surprisingly, people in her own country do not know her. She was recently referred to as a “foreign tourist” by a Samajwadi Party leader. He was responding to Kangujam’s tweet highlighting littering around the Taj Mahal . “It is very shameful that foreign tourists are showing a mirror to the government,” Manish Jagan Agrawal, Samajwadi Party ’s digital media coordinator, said on June 22. “This image of India and Uttar Pradesh has been created by the BJP government.” Soon, Licypriya Kangujam corrected him. “Hello sir, I'm a proud Indian. I'm not a foreigner,” she said. Hello Sir, https://t.co/KBshDFJzQM Close — Licypriya Kangujam (@LicypriyaK) June 22, 2022 The activist had on June 21 shared a photo of herself near the Taj Mahal. Plastic bags and … [Read more...] about Manipur activist Licypriya Kangujam was called ‘foreign tourist’ by a politician. Her response
Trump Moved More Than $1 Million From His Political Groups To His Private Business After Losing The Election
Share to Twitter Share to Linkedin D onald Trump never stopped raising funds from his supporters after the 2020 presidential race. His companies, meanwhile, continued to charge his political outfits for goods and services. As a result, the former president has been able to convert about $1.3 million of donor money into business revenue since he lost the 2020 election, according to a review of the latest federal filings. In the months immediately following the election, much of the money came via Trump’s official campaign committee, Donald J. Trump for President, Inc. On December 1, 2020, the committee paid $38,000 in rent to Trump Tower Commercial LLC, the entity through which the former president owns space inside Trump Tower. Fifteen days later, another $38,000 of rent moved from the campaign committee to that same LLC. The committee also made two payments of $3,000 at about the same time to an entity named Trump Restaurants LLC. The former … [Read more...] about Trump Moved More Than $1 Million From His Political Groups To His Private Business After Losing The Election
From satellite television to a new 5G cellular network: DISH engineers a massive transformation
DISH lit up a new 5G cellular network in more than 120 cities on June 14, including Grand Junction and Pueblo, meeting an early target federal regulators had set for the construction of the nation’s fourth wireless network. Whether Project Genesis, as the network is called, succeeds or fails will determine the fate of one of Colorado’s largest public companies, and could weigh heavily on Denver’s future as a center of telecommunications innovation, a legacy that goes back decades to the early days of cable television. “Through DISH’s efforts, Denver is becoming a wireless hub,” said John Swieringa, president and chief operating officer of DISH Wireless. “Our partners are coming here, too, and investing in people and resources in this market. We expect Denver to become a leader in 5G.” DISH Wireless has hired more than 1,600 workers in the past 18 months and is looking to add 500 more, Swieringa said. DISH, the parent company, already employs 6,000 people along the Front Range. A … [Read more...] about From satellite television to a new 5G cellular network: DISH engineers a massive transformation
5 Hydrogen Stocks to Watch
Hydrogen is an energy source that emits zero greenhouse gases when burned. The only waste product is water vapor. That makes it a cleaner alternative energy source than fossil fuels like natural gas, oil, and coal. The drawback to hydrogen as a fuel source is that we rarely find it in a gaseous form. And although we can produce hydrogen from a variety of sources, some of those methods emit greenhouse gases. On top of that, we don't yet make it at the scale needed to be economically competitive with fossil fuels. However, that could change in the coming years. Several companies are working hard to tap into the enormous potential for this potentially emission-free fuel. Here's a look at some of the leading hydrogen stocks. Image source: Getty Images. What to know about investing in hydrogen There are several ways to produce hydrogen. Some methods result in the production of carbon dioxide as a byproduct. The industry labels these forms "blue hydrogen." Using … [Read more...] about 5 Hydrogen Stocks to Watch
Roe V. Wade Overturned: The Ultimate Explainer On What It Means
Share to Twitter Share to Linkedin The Supreme Court on Friday overturned the nationwide right to abortion in its landmark Dobbs v. Jackson Women's Health Organization ruling, causing major uncertainty about the future of abortion access in the United States. Here are answers to some of the biggest questions: What did the Supreme Court’s ruling say? In a decision by Justice Samuel Alito, the court upheld a Mississippi law banning abortion after 15 weeks of pregnancy. A majority of justices also voted to strike down Roe v. Wade (1973) and Planned Parenthood v. Casey (1992), effectively ruling abortion is no longer a nationwide right and giving states the power to ban the procedure. Alito called Roe v. Wade “an abuse of judicial authority” that relied on “egregiously wrong” reasoning, and argued the right to abortion is not expressly mentioned in the Constitution and isn’t “deeply rooted in this Nation's history and tradition.” Four other conservative … [Read more...] about Roe V. Wade Overturned: The Ultimate Explainer On What It Means
In merger-friendly GOP administration, Dish’s Ergen gets chance to play kingmaker
It’s fitting that Dish Network Corp. Chairman Charlie Ergen is set to speak to Wall Street just as the wireless industry’s merger moratorium is lifted. His company’s massive stockpile of airwaves figures heavily in the speculation over who will buy whom. Douglas County-based Dish reports earnings Monday, just days after the end of a government-imposed quiet period related to a federal sale of wireless spectrum. In that auction and other deals over the past decade, Ergen’s satellite-TV company compiled $34.7 billion worth of nation-blanketing airwaves. Ergen kept buying spectrum even after an effort to merge with Sprint Corp. fizzled a few years ago, and investors have been trying to figure out his endgame ever since. Now, with a merger-friendly Republican administration in place, Ergen has a chance to finally do something with all those assets — if the notoriously prickly billionaire can find a willing partner, perhaps in T-Mobile US, Verizon Communications or Comcast. The … [Read more...] about In merger-friendly GOP administration, Dish’s Ergen gets chance to play kingmaker
Dish’s new pick-your-own TV channels plan starts at $30
You sign up for a TV deal. Your bill skyrockets after the deal ends. You call and complain. Cable and satellite TV customers know the drill. Playing that game is the second biggest complaint Dish Network gets from customers. The first? Paying for too many channels they don’t watch. “I think we reached a tipping point,” said Warren Schlichting, Dish’s executive vice president of marketing, programming and media sales. “The consumer’s appetite has changed for having hundreds of channels. If you take a step back, you’ll see programmers and distributors (like Dish) have incentive to grow the pay TV industry. And we better find a way to meet consumer demand or people are going to watch Netflix all day.” On Thursday, the Douglas County satellite TV provider, reeling from its largest loss of quarterly subscribers ever, introduced a novel approach to address both issues. The Flex Plan offers 50 popular channels — including Food Network, CNN and USA — but no local networks for … [Read more...] about Dish’s new pick-your-own TV channels plan starts at $30
Colorado’s Level 3 Communications is no more, as CenturyLink closes $30B purchase
When Monica Walton walked into her Broomfield office at Level 3 Communications on Wednesday morning, she already felt nostalgic. “I came in and the sign has been changed on our campus,” said Walton, who has worked for Level 3 for 12 years and on Wednesday became CenturyLink’s general manager for Colorado. “This is happening globally, though not immediately everywhere. There are still a number of Level 3 buildings in Denver with Level 3 signage. That’s the first step of combining the companies.” Wednesday marked “ Day One ” of Monroe, La.-based CenturyLink’s purchase of debt-laden Level 3, one of Colorado’s largest companies and owner of one of the world’s largest internet networks. The deal, valued at $30 billion, is more like a merger, giving CenturyLink shareholders 51 percent ownership and Level 3 stockholders 49 percent. Level 3 CEO Jeff Storey becomes president of CenturyLink and will take over as the leader when CenturyLink CEO Glen F. Post III retires Jan. 1, 2019. But … [Read more...] about Colorado’s Level 3 Communications is no more, as CenturyLink closes $30B purchase
UK, US, Japan, Canada to ban Russia gold imports
- A + A LONDON (June 26): Britain, the United States, Japan, and Canada will ban new imports of Russian gold as part of efforts to tighten the sanctions squeeze on Moscow for its invasion of Ukraine, the British government said on Sunday. The ban will come into force shortly and apply to newly mined or refined gold, the government statement said ahead of a meeting of Group of Seven leaders in Germany on Sunday. The move will not affect previously exported Russian-origin gold, it added. Russian gold exports were worth £12.6 billion (US$15.45 billion) last year and wealthy Russians have recently been buying bullion to reduce the financial impact of Western sanctions, the government said. "The measures we have announced today will directly hit Russian oligarchs and strike at the heart of Putin's war machine," Prime Minister Boris Johnson said in the statement. "We need to starve the Putin regime of its funding. The UK and our allies are doing just that." The … [Read more...] about UK, US, Japan, Canada to ban Russia gold imports