Giri world

Michael Burry, the investor famous for predicting the 2008 financial crisis, has criticized Tesla's valuation as "ridiculously overvalued." He argues that stock-based compensation, including Elon Musk's massive pay package, dilutes shareholder value and distorts true profitability. Burry believes this accounting practice, common in tech, masks recurring expenses and makes Tesla's market value unsustainable. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/aAGUxuB >

A parliamentary panel has proposed significant reforms to India's insolvency framework, advocating for an advance ruling mechanism to provide pre-admission clarity and reduce litigation. The committee also backed integrating mediation and a transparent 'no dues' certificate system for revitalized companies. Stricter penalties for frivolous appeals and enhanced NCLT capacity were also recommended to streamline the resolution process. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/yzNhM3q >

Finance Minister Nirmala Sitharaman introduced two bills to levy excise duty on tobacco products and a health and national security cess on pan masala, following the withdrawal of GST compensation cess. These measures aim to maintain high taxation on 'sin goods' and fund public health and national security initiatives. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/rS5dzv6 >

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/KLaJDnW >

A Karnataka High Court division bench overturned a single bench order in the Yezdi trademark dispute. The court ruled that Ideal Jawa (India) Ltd lost its trademark rights due to non-use and non-renewal since 1996. This decision allows Classic Legends and Boman R Irani to use the Yezdi mark. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/xyYljbZ >

December marks a vibrant end to the year in India with national commemorations like Vijay Diwas and Kisan Diwas, alongside widespread Christmas celebrations. Regional festivals and tribal events highlight the nation's rich diversity. Globally, the month emphasizes crucial awareness campaigns on health, human rights, and environmental sustainability, fostering a spirit of collective responsibility. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/7qYFdN4 >