MAT Financial News
02.09 / 15:43
01.09 / 11:35
27.08 / 13:39
Art
Digital
COMPOSITE
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exclusive
rolls-royce
Rolls-Royce reveals Droptail commission ‘Amethyst’; expected to be priced over whopping ₹200 Cr
Droptail commissions, known as the Amethyst model. The vehicle was revealed to the customer during an exclusive gathering held in Gstaad, Switzerland. This unique purple roadster draws its inspiration from the birthstone of the client's son, reflecting the family's cultural roots and individual interests.
25.08 / 13:42
23.08 / 01:57
UPS
MAIL
SUN
Chase
MAT
Baring
stake
Torrent joins fray for Hamied family stake in Cipla, up against Blackstone and Baring PE
Torrent Pharma has joined the fray to buy out the Hamied family, the promoters of Cipla – a company that is more than double (2.3x) its FY23 consolidated revenues, and 2.3 times its profits and 1.46 times its present market value – said multiple people in the know. Ahmedabad headquartered Torrent is working with JP Morgan to compete with global of the biggest buyout funds Blackstone and Baring Private Equity Asia-EQT. Torrent is looking to partnering with private equity funds and form a consortium but those discussions still preliminary.Lenders tapped In parallel, Torrent has approached multiple lenders for funding and is keen to make an all-cash offer. Work has intensified in the past month, said one of the people mentioned above.
22.08 / 19:35
UPS
SUN
Action
Tesla
MAT
Moelis
Sporting
Moelis woos NBL team NZ Breakers as sporting M&A action heats up
The New Zealand Breakers are understood to be in talks with MA Moelis to potentially bring the investment bank on as a strategic adviser, as Tesla chairwoman Robyn Denholm’s investment in rival National Basketball League team Sydney Kings sparks M&A expectations in the sector.
18.08 / 14:21
FIVE
PwC
awards
Photography
MAT
AFR sweeps the Kennedy Awards for PwC tax leaks
Financial Review journalists Neil Chenoweth and Edmund Tadros have won five awards at the NRMA Kennedy Awards for Excellence in Journalism including Journalist of the Year for their reporting on the PwC tax leaks scandal.
17.08 / 13:49
MET
CAT
MAT
performer
How To Become an HR Manager
Aspiring individuals interested in ascending to the position of HR Manager can embark on this journey after completing high school. Enrolling in reputable management courses specializing in human resources or human resource management is a common pathway. Esteemed institutions for human resource management education, including renowned names like IIM Calcutta, IIM Lucknow, IIM Kozhikode, and IIM Indore, offer prospective students an opportunity to nurture their managerial skills in this domain. Admission to these esteemed management colleges is generally based on performance in various management entrance examinations.
17.08 / 13:49
UPS
Provident
Career
CAT
MAT
cover
Unlocking Employee Potential: Types of HR Managers And Job Careers
Depending on their line of work and the department they are in charge of, there are several kinds of HR managers. Recruiting Managers, Compensation and Benefits Managers, Employee Relations Specialists, etc. are a few of the main categories of HR Managers. There are several responsibilities associated with each of the aforementioned segregations, which are covered in this article.About HR ManagerExplore IIMK Advanced Strategic Management ProgrammeAspiring applicants must complete their undergraduate degrees in related fields before enrolling in postgraduate human resources management programmes at one of the best human resources management colleges. Admissions to these colleges are based on both merit and a number of management entrance exams, including the CAT, MAT, XAT, SNAP, etc. In order to improve their HRM abilities, they can also enrol in diploma programs in areas like sales, leadership, business intelligence, and analytics. An HR manager's beginning pay is approximately INR 3 LPA, however, it also depends on the candidate's qualifications
17.08 / 05:17
Booking
MAT
Who cannot file updated return?
updated return was introduced in Budget 2022. The Income Tax Act, 1961, introduced Section 139(8) to allow taxpayers to file an updated return within specified timelines. The updated return pushes a taxpayer for voluntary compliance. A taxpayer can file an updated return even if he has filed ITR (original, belated or revised) or has not filed ITR for a particular year. However, there are certain situations when an individual is not allowed to file an updated return.Cases when an updated return cannot be filed In the following situations, a taxpayer cannot file an updated return: (i) An updated return being a return of loss
16.08 / 14:27
Provident
Digital
Career
CAT
MAT
stage
analyst
Financial
How To Become A Financial Analyst
To embark on a career as a Financial Analyst, candidates must successfully complete their 12th-grade education from a recognized board. Subsequently, pursuing a bachelor's degree in fields like finance, economics, accounting, or related disciplines becomes imperative. While entry-level positions can be explored at this stage, opting for a master's degree can significantly enhance professional opportunities. The depth of expertise and experience within the Indian financial industry is believed to influence the remuneration of a financial analyst, with an average annual pay of Rs. 4.5 LPA in the country. The spectrum ranges from a starting salary of Rs. 2.1 LPA to the highest compensation of Rs. 12.1 LPA. A diverse array of courses is available for aspiring financial analysts. Noteworthy options include BCom, BBA, BSc in Finance, and MBA programs. In order to bolster credibility and showcase proficiency, candidates are advised to acquire industry-relevant certifications such as the CFA. This not only enhances their standing but also provides evidence of their knowledge and capabilities. Explore ISB Chief Digital Officer For those aiming to major in subjects conducive to a financial analyst career, several esteemed institutions stand out. These include SRCC, LSR, Woxsen University, Loyola College, and NMIM
15.08 / 16:57
UPS
RIO
MAT
show
pop
Stand Outside Barefoot for Better Health? ‘I Feel Like an Oddball, But if It Wor
When Sara Jean Meyer got a text from her mom that said, “I have a surprise for you," she assumed it would be a free bubble tea. Instead, her mother showed up with a roll of foil tape, a long copper pipe, an electrical wire and a rod clamp. They were all supplies required to “ground" Meyer’s bed.
15.08 / 05:15
14.08 / 15:45
MAT
show
Time
CNN Shuffles Morning, Prime-Time Lineups Amid Sagging Ratings
CNN is making several changes to its morning, prime-time and weekend shows, a major programming overhaul in years that comes as the network seeks to counter a multiyear ratings slump. The network said Abby Phillip, the anchor of “Inside Politics Sunday," would anchor its 10 p.m. slot.
13.08 / 04:57
Google
MAT
‘No arrogance at all’: Fans can’t keep calm as MS Dhoni speaks in ‘Bihari’ accent, asks for directions from strangers
A post shared by subodh singh Kushwaha (@kushmahi7) “Yaar, is video ko kitna bhi dekhta hoon, dil nahi bharta hai, yaar. Koi ghamand nahi hai is aadmi ko (I feel like watching it again no matter how many times I watch this video. This person has no arrogance at all.), wrote one fan.
11.08 / 20:17
UPS
MAT
show
singer
Kelsea Ballerini opens up about ‘defeating’ imposter syndrome after 10 years, talks about ‘self-exploration’; Here’s what she said.
Kelsea Ballerini has opened up about ‘defeating’ imposter syndrome in the last ten decades while crediting the feat to ‘self-exploration’. With latest EP, ‘Rolling Up the Welcome Mat (For Good)’ release and her 30th birthday just a month away, Ballerini said that she is on her path of knowing herself better. In an interview with The Tennessean, Ballerini said that “It's exciting to be comfortable with continuing to navigate the exploration of my most authentic self” while adding that “crazy, exhausting pressure” due to overwhelming stats do not matter. According to the singer, “achieving stereotypical standards of success can change your life. But, learning [what else can exist beyond that] is important, too."
07.08 / 10:27
Hyundai
Adventure
MAT
Inside
Hyundai Alcazar and Creta Adventure Edition launched in India, price starts at ₹15.17 lakh
Hyundai India has officially revealed the prices of the Alcazar and Creta Adventure Editions, starting at ₹15.17 lakh and ₹19.04 lakh (ex-showroom), respectively. Both special edition models are available in two variants.
03.08 / 13:23
UPS
SUN
MAT
Sun Pharma Q1 Results: Net profit drops 2% YoY to Rs 2023 crore
Sun Pharma on Thursday reported a 2% year-on-year (YoY) drop in net profit to Rs 2023 crore in Q1FY24 due to exceptional items worth Rs 323 crore. The company reported a net profit of Rs 2061 crore during the corresponding quarter of the same period. Revenue rose 10.7% YoY to Rs 11,785 crore in Q1FY24.
03.08 / 10:53
Twitter
MAT
Banner
country
Sunak
UK PM Rishi Sunak's mansion scaled, black fabric hung in protest by Greenpeace activists | WATCH
PM Rishi Sunak is detrimental to environment protection. "We desperately need our prime minister to be a climate leader, not a climate arsonist," news media outlet AFP quoted Greenpeace UK climate campaigner Philip Evans.
02.08 / 09:39
Manufacturing
MAT
Iqvia
Lupin gets USFDA nod to market generic skin treatment medication
Lupin on Wednesday said its American subsidiary has received an approval from the US health regulator to market a generic product used for treatment of skin issues. New Jersey-based Novel Laboratories Inc has received the approval from the US Food and Drug Administration (USFDA) for Fluocinolone Acetonide Topical Oil, Lupin said in a statement.
28.07 / 06:17
Aware
Racing
Strategy
MAT
show
Small is the new big: Local FMCG brands ahead in race with giants
inflation is cooling down, the local Fast Moving Consumer Goods (FMCG) Brands are shining and growing at a faster pace than the large scale ones in all categories, from noodles to even dishwash bars. A Kantar report accessed by TOI showed that local dishwash brands Supremo 51 (Madhya Pradesh) and Reflect (Maharashtra) have seen over 100 per cent growth in households over one year, while Balaji Gippi noodles in Gujarat has grown 58 per cent. «The mix of purchases that are made by a household keeps shifting depending upon inflation or uncertainties.
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