Kiran Mazumdar-Shaw can be quite upfront about issues close to her heart. In a tweet in late July, the chairperson and managing director of biotechnology company Biocon asked finance minister Nirmala Sitharaman to clarify if the tax rebate she announced would be on corporate tax too. The same month, she tweeted on Nike’s innovative tribute to Chandrayaan 2 and congratulated women scientists in space science. “I took to social media because I realized that these platforms enable you to share your views with the world at large and shape opinions as well as engage and influence people and policy in the right direction,”

Publication : Mint

Date : August 12, 2019

Can’t slow down; got to keep moving on—that’s essentially the life of an entrepreneur. Twenty four months into operations, you’re most likely to have survived near death a couple of times before finding your business niche and building a steady revenue flow for your business. You are cash-fuelled for expansion and energized, yet you have some niggling thoughts: My team is good but sluggish in thinking, territorial in their work; or processes masked as governance have slowed down the organization. Maybe you miss the contact with your original team as it’s all via division heads now, and so, you feel that all-hands-on-deck conversations aren’t as frank as they were before.

Publication : Mint 

Date : August 12, 2019

In Poetics, Aristotle described the Greek word Hamartia as “a fatal flaw leading to the downfall of a tragic hero or heroine.” Though used in the context of literary criticism, it can be easily be co-opted to describe Indian tax law—of how every notification of exemption that seems too good to be true always contains within it the seeds of its downfall. Nowhere is this art of the Achilles heel more prominent than in the “Angel Tax” notifications. The “Angel Tax”, or Section 56(2)(vii b), is a 2012 insertion by the then UPA government

Publication : Financial Express

Date : August 13, 2019

As large players continue to push e-commerce delivery times from two-day to next-day to same-day, they reset customer expectations with each advance. That is putting pressure on everyone else to keep up. In fact, a recent DHL e-commerce report shows that delivery timing is one of the key issues for meeting customer expectations, with nearly half of respondents rating it as extremely important, second only to customer service. Meeting existing expectations is already proving challenging for many organizations and moving to even shorter delivery times may require significant investments in facilities, people and technology.

Publication : CSA

Date : August 12, 2019

Amazon launched the Amazon Marketplace Appstore in India on Monday. The platform, exclusively created for sellers, will help them automate, grow, and manage their businesses. Accessible through Amazon Seller Central, the marketplace appstore will enable sellers to browse and filter applications across 13 categories including Accounting and Tax Remittance, Inventory and Order Management, and e-commerce solution connectors, among others. The Amazon Marketplace Appstore will provide access to up to 100 applications from across the world. Indian sellers will be able to explore features including browsing apps from Amazon and third-parties.

Publication : Yourstory

Date : August 12, 2019