Top Section
Explore Business Standard
Don’t miss the latest developments in business and finance.
Salesforce said it expects to achieve accretion on a free cash flow basis starting in the second year following the closing of the deal, which it anticipates to be in the fourth quarter of fiscal 2025
July sees cash levels climb to 5.4%, up from June's 4.6%
In FY19, it was less than 10 per cent of the cash segment
Use of credit rises with increase in transaction value
Cash seizures made by the Income-tax department during successive assembly elections have shown a substantial increase, CBDT Chairman Nitin Gupta has said. He said the tax department is investigating these cases apart from other such instances where huge unaccounted currency and jewellery was unearthed during raids and other enforcement action by tax personnel. "In relation to cash seizures if we speak about the assembly elections, then it has been found that cash seizures have been quite substantial vis-a-vis cash seizure in the similar point of time five years back for the same time period of assembly elections. "We have seen that cash seizures have been quite large and high (every assembly election). These seizures are quite significant," the chief of the Central Board of Direct Taxes (CBDT) told PTI. The Election Commission has also spoken about the surge in the seizure of cash and illegal inducements during various state polls. The poll panel, in an official statement issued
Why do airlines go bust? How can India build megafactories like China? Will Bitcoin's dream run continue in 2024? What is dry powder? All answers here
It gives freedom of choice to consumers, cuts across economic status and geographies
Cash holdings at top 20 asset management companies decline to 5% for month from 6.2% in Feb
Cash levels decline, equity allocation rises in balanced advantage funds in March
Cash holdings of equity schemes at top 20 funds rise to 6.2%; in at least four, the holdings are above 10%
According to data sourced from primemfdatabase.com, as many as eleven small-cap schemes held 7 per cent of their asset base in cash at the end of June
The SIT has also recommended that the entire amount found in seizures crossing that limit should go to the government treasury