Author: Sharemarketnews

The end of the financial year is upon us. As we all scramble to sort out our taxes and expenses for tax time, it’s easy to be swayed by some of the massive EOFY deals that pop up around about now to try and detach us from our hard earned tax returns. It’s a cliche to buy something fun, like a brand new 4K TV with your cash injection, but there are far more responsible ways that you can spend that money.The items below are admittedly not the flashiest ways to spend your newfound cash, but they are definitely the…

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London: Apple is set to face another class-action lawsuit seeking damages worth $935 million in the UK over intentionally slowing down the performance of older iPhones to encourage customers to buy newer models. Consumer rights campaigner Justin Gutmann is filing the lawsuit in the Competition Appeal Tribunal in London, on behalf of up to 25 million UK iPhone users who used any of 10 different models of iPhone, reports TechCrunch. The lawsuit accuses Apple of abusing its market dominance to engage in exploitative and unfair commercial practices. According to it, the iPhone maker “misled” iPhone users by releasing a power…

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INTERNET CITY, DUBAI, Jun. 15, 2022 – Global crypto exchange, LBank, joined Coindesk Consensus as a first-time sponsor and exhibitor, hosting an insightful speaking session and attracting a diverse crowd of attendees to their LBank & Friends Afterparty. Austin has been more than welcome to the top 25 Crypto Exchange, giving LBank the chance to meet many fans and users in person while showing off LBank’s ambitions and plans for the United States. It was a busy and fruitful weekend for the LBank team. Consensus 2022 was the first in-person Coindesk Consensus since 2019, with more than 17,000 joining from…

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Venture capital firm Sequoia is still “quite optimistic” about long-term prospects for start-ups, despite the recent market volatility.”This is a particularly challenging market for founders to get started,” Abheek Anand, managing director of Sequoia Southeast Asia, told CNBC’s “Squawk Box Asia” on Wednesday.When asked about the firm’s outlook for Southeast Asia’s start-ups, Anand said its early-stage investments this and next year are “going to be playing [in] where the markets will be 10 years from now.””Pretty much every metric on technology continues to grow and secularly grow in the long term.”On Tuesday, Sequoia announced it raised $2.85 billion across a…

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Jyoti Ltd. Vs DCIT (ITAT Ahmedabad) Solitary issue involved therein relates to the addition by Assessing Officer and confirmed by the learned CIT(A) being provision towards contribution to Approved Superannuation Fund for the purpose of determining liability of the assessee on account of Fringe Benefit Tax. FULL TEXT OF THE ORDER OF ITAT AHMEDABAD This appeal filed by the assessee is directed against the order of learned Commissioner of Income-Tax (Appeals)-IV, Baroda (“CIT(A)” in short) dated 28.02.2014 and the solitary issue involved therein relates to the addition of Rs. 49,04,112/- made by the Assessing Officer and confirmed by the learned…

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The junior sports minister of West Bengal, Manoj Tiwary, continued his rich vein of form in the Ranji Trophy 2022 – scoring his second successive hundred on Thursday (June 16). Tiwary completed his 29th first-class century off 205 balls with 12 boundaries on Day 3 of their semifinal clash against Madhya Pradesh in Alur. However, Tiwary was dismissed soon after completing his century, scoring a brilliant 102 off 211 balls before being dismissed by Saransh Jain. Tiwary’s dismissal ended a 183-run partnership for the sixth wicket with Shahbaz Ahmed. The Royal Challengers Bangalore all-rounder Shahbaz also scored a century…

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Akasa Air, India’s newest airline has taken delivery of its first of 72 Boeing 737 MAX 8 aircraft in Seattle, USA. Ace investor Rakesh Jhunjhunwala backed airline is the India’s latest low cost air carrier launched to cater the growing air travel demand in the country and will start with domestic routes first. The airline says they will be providing the lowest seat-mile costs for a single-aisle airplane as well as high dispatch reliability and an enhanced passenger experience. The airline earlier placed one of the largest orders for the controversial 737 Max 8 aircrafts at the Dubai Airshow.  …

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RAJKOT: Under pressure India skipper Rishabh Pant will be hoping to tide over his struggles with the bat and help the hosts improve their middle overs play when they take on South Africa in the fourth T20 International here on Friday. Save Pant’s problems, India were able to plug the gaps in Vizag to open their account in the series with a comprehensive win. They will need another near perfect game to take the five-match series into the decider. Such has been the brilliance of Pant that every time he has been written off across formats, he has found a…

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2/2 © Reuters. FILE PHOTO: Degree, a brand of Unilever, is seen on display in a store in Manhattan, New York City, U.S., March 24, 2022. REUTERS/Andrew Kelly 2/2 By Richa Naidu LONDON (Reuters) – As commodities – from to sunflower oil – remain in short supply, Britain’s Unilever (NYSE:) has changed the ingredient makeup for some of its products like deodorants and packaged food to cut costs and mitigate supply constraints. The ability to switch ingredients and materials, something consumer goods manufacturers traditionally find difficult, became even more valuable after Russia’s invasion of Ukraine led to commodity prices hitting…

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MUMBAI: The Nawazuddin Siddiqui and Sanjay Mishra-starrer ‘Holy Cow’ has finally got its release date. The movie will be released in theatres on August 26. Directed by Sai Kabir, the film is a dark comedy and is based on a one night adventure of Salim Ansari trying to find his missing cow Ruksar. The film also stars critically acclaimed actor and filmmaker Tigmanshu Dhulia. Sai Kabir has made films such as ‘Revolver Rani’, ‘The Shaukeens’ and ‘Kismat Konnection’, among many others. Sanjay’s latest outing on the big screen was in the blockbuster film ‘Bhool Bhulaiyaa 2’ starring Kartik…

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