Latest news with #AmitTandon
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Business Standard
5 days ago
- Business
- Business Standard
Best of BS Opinion: Tax edges, AI whirls, and a still point in memoir
Some days don't unfold, they unravel. Like those unexpected evenings when you step out for a quiet walk and suddenly find yourself wrestling with a gusty storm pulling at your clothes, and sending loose papers cartwheeling down the street. You clutch your hat tighter, instinctively aware that letting go even for a second might mean watching it sail off like a balloon. You squint, you bend, you anchor yourself. Everything's still there — but only if you hold on with purpose. Let's dive in. Parliament, for instance, is gripping tightly to the proposed new income tax law. The draft boasts clarity — 536 sections across 23 chapters — but, as our first editorial points out, it's the windier parts that worry watchers. The parliamentary committee has quietly backed vague discretionary powers for tax officials, powers that might let them peek into emails and social media accounts or define business links as 'direct or indirect.' If that's not a hat-loosening draft, what is? Unless clipped and secured, such broad discretion risks unraveling investor confidence and predictable tax enforcement. Meanwhile, in Delhi, the winds are blowing medals and money. The government has amped up its athlete reward scheme, with Olympic gold winners now set to receive Rs 7 crore. But our second editorial notes that while cash showers are dazzling, they're not enough if Delhi doesn't unshackle its choked public sports infrastructure. Haryana's grassroots sports model shows that it's the steady wind beneath young athletes' wings, not just the grand gusts at the finish line. Elsewhere, GST reforms are being dusted off. As R Kavita Rao writes, the government is debating how to streamline tax slabs and deal with the compensation cess. But tweaking slabs means stirring up vested interests, and dropping the cess could throw revenue plans off balance. In this political breeze, everyone's holding tight to their numbers. Then comes the AI squall. A leading Indian music company has called it their top business risk. As Amit Tandon observes, it's not just lyrics and beats being restructured but boardrooms too must now guard against bias, unregulated experimentation, and a widening skill gap, or risk getting swept away by the algorithmic tide.
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Business Standard
6 days ago
- Business
- Business Standard
The Board's AI agenda: How prepared are you to guide the transformation?
When a business that relies heavily on artistic talent cites AI as a disruptive force, it signals more than just an industry-specific concern Amit Tandon Mumbai Listen to This Article An Indian music company, listed and with annual sales of ₹310 crore and a modest market capitalisation of ₹8,110 crore, has flagged artificial intelligence (AI) disruption as the most significant risk to its business. In its disclosure, the company noted: 'AI is transforming music production and significantly raising concerns about job displacement and income reduction. (On the one hand AI-generated music) opens new avenues for creativity and democratizes music production, while on the other, it brings forth challenges related to copyright, royalties, and the value of human-created recorded music.' When a business that relies heavily on artistic talent cites AI
Khaleej Times
7 days ago
- Entertainment
- Khaleej Times
Dubai: Indian stand-up comedian Amit Tandon to perform in August
Noted Indian stand-up comedian Amit Tandon, best known for his takes on everyday life and marriages, will perform in Dubai on August 29. The show will be held at the Sheikh Rashid Auditorium, Indian High School, and is being brought to you by AJ Entertainment, in association with Collective Artists Network. Known as the 'Marriage & Relationship Specialist' of comedy, Tandon has won hearts worldwide with his clean, relatable humour and razor-sharp observations about family life, relationships, and everyday experiences. With a global track record of sold-out shows, Tandon is set to create yet another unforgettable evening in Dubai. His show, Family Tandoncies on Netflix, was the first Hindi stand-up solo on the platform and was among the Indian stand-up solos to remain in the top 10 for 15 days in India. His skits are a hit on YouTube. 'This show is all about celebrating humour that connects with everyone. Dubai has always been an amazing audience for Amit, and we are excited to bring him back with this special performance,' said Aamir Jan, founder of AJ Entertainment. Doors open at 7.30 pm and the show starts at 8.30 pm. Tickets are available online on Platinumlist, and start from Dh100.
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Business Standard
26-06-2025
- Business
- Business Standard
MF industry shows exuberance, but financials lag macroeconomic tailwinds
Over the past one, three, and five years, many Indian equity mutual funds have underperformed their benchmark indices Amit Tandon Listen to This Article The mutual fund industry is experiencing an exuberant phase, with assets under management (AUM) surging to ₹65.7 trillion by March 2025 from ₹12.3 trillion in April 2014. This decade of strong growth has pushed AUMs to 31 per cent of bank deposits, bringing the industry closer to the financial sector's high table. Yet, the asset management industry is a classic case where strong macroeconomic tailwinds have not necessarily translated into robust financials. Why is the industry's glass appearing half full? First, companies find it hard — but not impossible, to make money. An educated guess optimistically puts the industry profits
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Business Standard
21-05-2025
- Business
- Business Standard
Best of BS Opinion: Bonds, power, and the spirit of the Himalayas
It's strange how confident one can feel while gliding over danger. Like those few seconds on a frozen pond in January when the ice doesn't crack, and you start to believe you've mastered the balance, that is until you hear that hairline snap underneath. That feeling, that delicate mix of poise and peril, seems to be everywhere now. From financial markets to geopolitics to spiritual searches, everyone's dancing, and few realise how thin the ice is beneath their feet. Let's dive in. Take the US, for instance. After over a century of triple-A glory, its sovereign bonds are slipping. Moody's has joined Fitch and S&P in docking America's rating, citing ballooning deficits and unstoppable interest costs. With the 30-year yield peaking above 5 per cent, it's not just a fiscal warning, it's a shift in how global capital flows, notes our first editorial. India, too, could feel the chill as narrowing bond yield spreads may tip investments away from equities, putting pressure on our rupee. As global borrowing costs spike, the dance is turning into a test of stamina. Closer home, India's power utilities are taking tentative steps toward reform—listing on exchanges to enforce transparency. Gujarat's GETCO leads, but discoms across the country are still slipping on decades of political meddling, highlights our second editorial. Despite multiple bailouts, losses hover at ₹6.8 trillion, with pricing reforms stuck. Listings may force financial discipline, but it's like expecting figure skaters to perfect a routine on cracked ice. Change is needed, but the surface is fragile. Meanwhile, Xi Jinping and Vladimir Putin have just performed a bold ballet in Moscow, affirming their alliance amid US-China trade manoeuvres and India-Pakistan skirmishes, writes Shyam Saran. Their synchronized steps, military parades, diplomatic statements, and joint condemnations of the West, mask a deeper chill: China is edging toward tech parity, and India must rethink its footing in a shifting strategic landscape. In corporate India, the tension is more subtle. Promoters still dominate the floor, outvoting institutional dissent with ease, argues Amit Tandon. While regulatory reforms push for inclusivity, dissent often skates by unacknowledged. Amit Tandon proposes a gentle corrective—a 'dissent review' to ensure boards engage when more than 10 per cent disagree. Not a rupture, just a ripple, to keep the balance honest. And in the Himalayas, Anu Malhotra dances with the unseen. Her book Shamans of the Himalayas captures trance rituals, divine possessions, and the unspoken codes that guide village life in Kullu, writes Neha Kirpal in her review. Here too, the ice is sacred, the ground invisible, the faith absolute. A different kind of balancing act, but no less daring. Stay tuned!
