Chennai ITAT Dismisses Cognizant India’s Appeal, Upholds Dividend Distribution Tax on Rs 19,000 Crore Share Buyback In a significant ruling, the Chennai bench of the Income Tax Appellate Tribunal (ITAT) has dismissed an appeal filed by Cognizant Technology Solutions India. The decision has upheld that the company is liable to pay Dividend Distribution Tax (DDT) …
Salesforce’s Resilient Workforce Evolution Plans to Add 3,300 New Hires After Pandemic Cutbacks In a bold move that highlights the resilience and adaptability of one of the tech industry’s giants, Salesforce Inc. is set to embark on a substantial hiring spree. CEO Marc Benioff recently announced plans to bring aboard 3,300 new employees across various …
Warren Buffett’s Fortune Surpasses Larry Page’s, Nears Top Billionaires Warren Buffett, the legendary investor and chairman of Berkshire Hathaway, has seen his fortune surge to a staggering $123 billion, surpassing Larry Page, co-founder of Alphabet Inc. and Google, whose net worth now stands at $122 billion. This development places Buffett just a few billion dollars …
Mixed Trends in India’s White-Collar Job Market Hiring Up 8% Amid Challenges The white-collar job market in India witnessed a blend of positive and challenging trends in the second quarter of 2023. Despite layoffs and economic uncertainties, there was an encouraging 8% increase in hiring activities. The IT sector remained the most sought-after, followed by …
Samsung’s Playful Jibe at Apple’s USB-C Adoption ‘C’ the Change that is Magical In a lighthearted and clever marketing move, Samsung has taken a playful jab at Apple’s recent decision to adopt USB Type-C in its latest iPhones and AirPods. Samsung’s tagline, “C the Change that is Magical,” highlights the transition from Apple’s proprietary connectors …