Tax on buyback likely to affect valuation of Indian IT firms

A new tax on buyback of shares by public companies is likely to make enterprises ditch the buyback route. A 20% tax will be levied on the amount of buyback consideration less issue price, taking the sheen off buybacks. In recent years, IT firms have frequently taken the buyback route, which presents it a more … Read moreTax on buyback likely to affect valuation of Indian IT firms

‘Govt open to 100% stake sale in Air India’

The government may be willing to completely exit loss-making Air India during the sell-off process, although a final decision will be taken by a panel of ministers, a top official indicated on Saturday. The government recently restarted the process to sell Air India after putting it on hold last year due to poor response, although … Read more‘Govt open to 100% stake sale in Air India’

Country’s first overseas bond issue to be finalised by Sept

The government and RBI will finalise plans for the country’s first overseas sovereign bond issue by September, the finance secretary said on Saturday. He added that overseas money markets flush with funds are on the lookout for better investment returns and India would command rates comparable with major countries despite its low credit rating. Please … Read moreCountry’s first overseas bond issue to be finalised by Sept

Wear a bikini if you want to wear a bikini: Mindy Kaling sends body positivity message

NRI Pulse Staff Report Atlanta, GA, July 6, 2019: Indian-American actress Mindy Kaling who is vacationing in Hawaii took to Instagram to share a body positivity message along with her bikini photos. This is what Kaling captioned her photo: “IDK who needs to hear this but, WEAR A BIKINI IF YOU WANT TO WEAR A … Read moreWear a bikini if you want to wear a bikini: Mindy Kaling sends body positivity message

Kamala Harris’ campaign raises $12m in 2nd quarter

Washington, July 6 (IANS) US Senator Kamala Harris, riding a wave of support after her performance in the first presidential debate, raised nearly $12 million in the second quarter of the year which ended on June 30, her campaign has announced. Harris, who is of Indian and Jamaican descent, still lags behind in fundraising totals when … Read moreKamala Harris’ campaign raises $12m in 2nd quarter

Im-Politic: Biden’s Fake History on Fighting Russia’s Political Interference in Europe

Maybe Joe Biden’s main problem isn’t simply that he’s “gaffe-prone” – at least not nowadays, as he again seeks the Democratic nomination for President. Maybe the former Vice President’s main problem is that he’s suffering major memory loss – and I mean major memory loss. Either that, or his recollection of how the Obama administration … Read moreIm-Politic: Biden’s Fake History on Fighting Russia’s Political Interference in Europe

PNB reports Rs 3,800cr fraud by Bhushan Power and Steel

Punjab National Bank (PNB) on Saturday reported a fraud of over Rs 3,800 crore by Bhushan Power and Steel. The exposure of Rs 3,800 crore includes domestic exposure of Rs 3,200 at its Chandigarh branch, overseas exposure of Rs 345 crore at the bank’s Dubai branch and Rs 268 crore at its Hong Kong branch, … Read morePNB reports Rs 3,800cr fraud by Bhushan Power and Steel

Uber Co-Founder Buys $72.5 Million Mansion

In this week’s round up, senior RSG contributor John Ince covers an investigation into Uber and Lyft’s new fare prices, plus an Uber co-founder buys a $72.5 million mansion as some drivers live in their cars. All that and more below, plus don’t forget to head over to the Rideshare Guy YouTube channel, where you … Read moreUber Co-Founder Buys $72.5 Million Mansion

NRIs to get Aadhaar card without waiting for 180 days

New Delhi, July 5 (IANS) Non-Resident Indians (NRIs) having Indian passports can now get Aadhaar card without waiting for 180 days, Finance Minister Nirmala Sitharaman said on Friday. As of now, the NRIs get Aadhaar card after staying in India for a minimum of 180 days. “I propose to consider issuing Aadhaar card for NRIs with … Read moreNRIs to get Aadhaar card without waiting for 180 days

Homeless Man Shares His Experience Volunteering in Homeless Shelter

There’s no way I’m pretending to be the average homeless person. (There is no such creature.) I’m not one of the unfortunate Invisible People society so shamefully neglects in plain sight. I am more fortunate than most. Nevertheless, as someone … Continue reading → The post Homeless Man Shares His Experience Volunteering in Homeless Shelter … Read moreHomeless Man Shares His Experience Volunteering in Homeless Shelter

Volunteer Shares His Experience Working in Homeless Shelter

There’s no way I’m pretending to be the average homeless person. (There is no such creature.) I’m not one of the unfortunate Invisible People society so shamefully neglects in plain sight. I am more fortunate than most. Nevertheless, as someone … Continue reading → The post Volunteer Shares His Experience Working in Homeless Shelter appeared … Read moreVolunteer Shares His Experience Working in Homeless Shelter

Atheist in the Foxhole: This is my church

There’s no way I’m pretending to be the average homeless person. (There is no such creature.) I’m not one of the unfortunate Invisible People society so shamefully neglects in plain sight. I am more fortunate than most. Nevertheless, as someone … Continue reading → The post Atheist in the Foxhole: This is my church appeared … Read moreAtheist in the Foxhole: This is my church

Obama: Front Man for Washington’s Imperialism

Obama: Front Man for Washington’s Imperialism Paul Craig Roberts Clarity Press is a good publisher for authors willing to provide real information in place of the officially sanctioned controlled explanations of our time. A current example is Jeremy Kuzmarov’s assessment of Obama, Obama’s Unending Wars. The forty-fourth president comes across as a successful front man … Read moreObama: Front Man for Washington’s Imperialism

$5-trillion economy goal: PM Modi slams ‘professional pessimists’

Prime Minister Narendra Modi on Monday lashed out at those who criticised India’s potential to become a $5 trillion dollar economy and called them “professional pessimists”. In his first visit to Varanasi, his Lok Sabha constituency, after becoming PM for the second time, Modi said, “We are building infrastructure all over the country as per … Read more$5-trillion economy goal: PM Modi slams ‘professional pessimists’