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Showing posts from 2020

Is Amazon Doing CSR By Investing In India?

A mazon to invest $1 billion in INDIA. India's trade minister isn't impressed with this investment? India’s trade minister Piyush Goyal said that the amount invested by Amazon company is not a big favour to the country. The total local investment in India operation up to date is 6.25 billion wherein $1 billion was been contributed by Amazon company announced by chief executive Jeff Bezos. A conference held on Thursday organized by think tank observer research foundation, Goyal said that "so it is not like they are doing a great favour to India when they invest a billion dollars". According to a regulatory filing, the Amazon marketplace reported a huge loss of nearly $800 million in the last financial year (March 2019). How can a market place make such a big loss unless and untill they are indulging in beat down or some inequitable trade practices? India Antitrust Watchdog announced a probe into Amazon and Flipkart to look vat allegation of deep discount w...

Is Jio Being Unethical?

Is Reliance Jio doing something unethical with customers? I am sure that  the thought  of Jio  wasn't  just to bring justice to the citizens of India by bringing into control  the costs  of knowledge  services offered by  the varied  telecom industries in India. I have read  tons  of answers thanking Mukesh Ambani for this service.  it's  too early for us to praise him.  he's  a business man. The more business mindset  an individual  has, the lesser he will  look after  the publics, unless he really  features a  heart of gold. Any product or service launched by him  isn't  for the people,  it's  for the profits, or something he feels is worth  quite  money. Like your personal information. Do you remember giving your Aadhaar number while you registered for the Jio service? What if I tell that the Aadhaar number  isn't  allege...

UNETHICAL PRACTICES IN FINANCE SECTOR.

Describing unsuitable behaviour, even if the behaviour is legal. Unethical behaviour can violate a code of conduct for a particular industry or sector. Professional organizations can censure or revoke the licenses of those professionals who are found to have committed unethical acts . SOME EXAMPLES OF UNETHICAL PRACTICES 1.    Holding up bills of vendors on silly reasons and ultimately buying from others to avoid payments to earlier vendors. 2. Delay in paying wages, paying interest to financiers, paying incentives, paying bonus to employees. 3. Cheating employees of their dues towards medical expenses, not providing leaves, children education fees, etc. UNETHICAL THINGS IN FINANCE FRAUD A fraud may be a dishonest act by an employee that  end  personal benefit to  the worker  at  a price  to the employer. Example- a bookkeeper in small company diverted Rs. 75000 of bill payment to  a private  checking ...