Zoom Video Communication Inc Forecast Estimates Current-Quarter Revenue, expects Steady Growth in Remote Work

Zoom Video Communication Inc Forecast Estimates Current-Quarter Revenue, expects Steady Growth in Remote Work

Zoom Video Communications Inc on Tuesday forecast current-quarter revenue above estimates, as increased adoption of hybrid work models by companies, is expected to drive steady demand for its video conferencing tools.

GST Council is urged to increase compensation cess on tobacco products

GST Council is urged to increase compensation cess on tobacco products

On the occasion of the World No Tobacco Day, the public health groups along with doctors have urged the GST Council to increase compensation cess on all tobacco products to generate additional revenue for the government to aid the COVID-19....

Regardless of High Fuel Cost, Low Demand Pulls Down Truck Rental Prices

Regardless of High Fuel Cost, Low Demand Pulls Down Truck Rental Prices

Low demand has pushed the charge of truck rentals on key routes downward by 5-8 per cent in May, even as fuel prices are on the rise.

Production halt and lockdown bumpers dent passenger vehicle sales to near 1-year low

Production halt and lockdown bumpers dent passenger vehicle sales to near 1-year low

The domestic passenger vehicle sales for several manufacturers hit a 12-month low this May as most of the states-imposed lockdown restrictions during the month and automobile manufacturers went for production shutdown at their plants for at least....

How to Identify mergers and acquisitions fraud

How to Identify mergers and acquisitions fraud

In the corporate realm, mergers and acquisitions are a common occurrence and there are a plethora of facets that makes individual business to merge with each other or for a big and successful business organization to acquire a small business.......

Output of Core sectors Rise up to 56.1% on Low Base Effect. Steel, Cement Gains in Triple-Digit

Output of Core sectors Rise up to 56.1% on Low Base Effect. Steel, Cement Gains in Triple-Digit

The output of eight core sectors jumped by 56.1 per cent in April, fundamentally on a low base effect and gain in production of natural gas, refinery products, steel, cement and electricity, as per the official data released....

Index of Eight Core Indian Industries’ April Production Rises Over 56 percent

Index of Eight Core Indian Industries’ April Production Rises Over 56 percent

The base effect is aimed at the production of India's eight major industries skyrocketing in April 2021.

Banks can't cite 2018 RBI circular to caution clients on the virtual currencies

Banks can't cite 2018 RBI circular to caution clients on the virtual currencies

The Reserve Bank of India (RBI) on Monday said that the banks and other regulated entities cannot cite its April 2018 order on its virtual currencies (VCs) as it was set aside by the Supreme Court last year....

Covid second wave's impact on Indian economy not likely to be large, states CEA

Covid second wave's impact on Indian economy not likely to be large, states CEA

Chief Economic Adviser KV Subramanian on Monday said the impact of the second Covid-19 wave that it is not likely to be large on the economy but going forward, fiscal and monetary support will be needed to prop up growth. He, however, said....

India’s GDP contracts 7.3 percent in FY21, but uptick in Q4 with push from manufacturing

India’s GDP contracts 7.3 percent in FY21, but uptick in Q4 with push from manufacturing

Prior to the second wave of the Covid-19 pandemic hit the country, India’s gross domestic product (GDP) grew 1.6 per cent in the fourth quarter (January-March) of 2020-21. This comes on top of a 0.5 per cent growth in the previous Octobe.........

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