Amazon Sues Probe Agency For Going “Beyond Scope And Power”: 10 Points

Amazon has taken the Enforcement Directorate, or ED, to court seeking to cancel an investigation into its 2019 deal with Future Group for alleged violations of foreign investment laws, sources have said. Here’s your 10-point cheatsheet to this big story: Amazon calls the investigation a “fishing and roving” inquiry, saying the ED had sought privileged legal advice and opinions from Amazon and other information not connected to the Future Group deal, sources have said. It said the ED doesn’t have “requisite jurisdiction… to investigate issues relating to people joining or…

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SEBI Issues Framework For Advisory, Portfolio Management Services

Markets regulator Securities and Exchange Board of India (SEBI) has come out with a framework related to the fees for investment advisory services for accredited investors. In addition to this, it has also issued guidelines on exit load charges applicable to the client of the portfolio manager. In August, SEBI had introduced the concept of “accredited investor” in investment advisers (IA) and portfolio managers rules. In a circular, the regulator said that in case of accredited investors, the limits and modes of fees payable to the IA will be governed through…

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Real Estate in 2021: What We Can Expect

Over the years, millennials had begun to favour rentals rather than buying their own, thus shifting from the convention of settling down at a place they can call theirs’. With the year 2020 showing us the tougher aspects of life, people have realized the need to own a home, especially when working in a metropolitan city such as Kolkata. With the advent of remote working option post-Covid and the workplace shifting to home, people are looking for spacious homes to stay rather than rent out or invest in. The trend…

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How to Invest Money: Choosing the Best Way To Invest for You

Investing money in the stock market is the No. 1 Americans build wealth and save for long-term goals such as retirement, but figuring out the best way to invest that money can feel daunting. This doesn’t have to be the case. The best way to invest money: A step-by-step guide Everyone has a unique financial situation. The best way to invest depends on your personal preferences along with your current and future financial circumstances. It’s important to have a detailed understanding of your income and expenses, assets and liabilities, responsibilities…

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Coinbase Co-Founder’s New VC Firm Paradigm Raises $2.5 Billion for Crypto Investments

Coinbase co-founder Fred Ehrsam and ex-Sequoia Capital Partner Matt Huang have raised $2.5 billion (roughly Rs. 18,598 crore) for a venture capital fund aimed at the “next generation of crypto companies and protocols” called Paradigm One, making it the biggest crypto VC fund. Paradigm One was launched in 2018 with an initial $400 million (roughly Rs. 2,976 crore), and the eventual amount raised is double the initial investment goal for the VC fund. The size of Paradigm’s fund highlights the anticipation of a major boom in the crypto industry among…

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Leadership Resources That Will Boost Your Effectiveness

Being a leader is a noble role in any organization.  Through your direction, guidance and expertise, you can positively affect the lives of countless individuals (customers, employees, colleagues and vendors) by keeping things running purposefully, smoothly and consistently.  You are literally holding the success of others in your hands! The downside of being in a leadership role is the tremendous responsibility, endless demands and long hours needed to keep things running successfully.  Oftentimes, great leaders experience fatigue, overwhelm and the occasional feelings of doubt about being able to continue at…

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