Author: Yash.Agarwal.

The company show a good amount of growth and achieved its milestone of operational profitability much ahead of its September guidance. While controlling indirect expenses and also saw an increase in shareholding by domestic investors and foreign investors. About Paytm Paytm is a Noida-based financial technology company founded by Vijay Shekhar Sharma that focuses on digital transactions and financial services. The parent company of Paytm is One97 Communications. The company provides mobile payment facilities to customers and enables merchants to receive payments through point of sale, QR codes, and online payment gateway offerings. In collaboration with different financial institutions, Paytm …

The Centre revised the windfall tax for domestically produced crude oil to Rs6400, while also scrapping the export duty on diesel, it had reduced the diesel export duty to NIL from 50paise per litre. In the previous revision, the export duty on diesel was halved from Rs1 per litre to 50paise per litre. It will come into effect from April 19, 2024, Wednesday. What is Windfall Tax? The windfall tax is the tax charged by the government for super normal profit or unanticipated increase in profit due to sudden increase in price of the product in the global market. In…

Apple CEO Tim Cook did a business meeting with Mukesh Ambani in his house “Antilia” and later met with different celebrities at an event in his new Apple store in Mumbai. Apple Retail Store in India The launch of the first Apple store is in Mumbai today (Monday), for  which Apple CEO Tim Cook will be present there. He visited Mukesh  Ambani’s home and later on had Vadapav with Bollywood Actress  Madhuri Dixit. Apart from this he also met top businessmen and  celebrities, one of them was the CEO of TATA SONS N.  Chandrasekaran. Tim Cook reached India on Monday…

Infosys shares declined by approx. 11% in their biggest single day decline on Monday after company missed the profit estimates for fourth quarter. The fall in Infosys’ stock price was not an isolated incident but was part of a broader decline in the Indian stock market, which had been under pressure due to concerns over rising inflation and global economic uncertainties. However, Infosys’ drop was significant as it was one of the largest contributors to the decline in the benchmark Nifty 50 index. Despite the setback, Infosys’ management remained optimistic about the company’s long-term prospects, stating that it was confident of…