What is Swiss Challenge Method of bidding? Swiss challenge method is a new process of giving government contracts and acquisition of stressed companies under Insolvency and Bankruptcy Code (IBC). In this method, any person with credentials can submit his bid to the government for the development proposal or for the acquisition...
  You would be amazed to read how Microsoft found a loophole in the global market to reduce the tax burden: Microsoft recruits software experts and web designers available to be recruited both in the United States and abroad, and sells software product everywhere in the world. Outside sales are made...
The first truly worldwide MMORG (Massively Multiplayer Online Role Playing Game), in our generation at least was Runescape. Developed and published by Jagex, initially releasing in 2001 for browsers. Blossoming into a phenomena, the game currently has over 200 million accounts created. To put that in perspective, that is...
When India relaxed Foreign Direct Investment norms in 1991 as part of the Liberalisation, Privatisation and Globalisation policy, it opened the arms to attract world’s capital inflow. World’s largest American based retail giant Walmart acquired India’s largest e-commerce company Flipkart by taking 77% stake in a deal pegged at $16...
The Government of India and RBI have taken significant steps in the last few years to achieve financial inclusion. The Jan Dhan Yojana, the Digital India initiative, launch of payments banks and small finance banks have contributed in improving the reach of formal financial services to hitherto unbanked population...
Agriculture is the social, cultural, political, and to an extent economic backbone of India. The Indian farmer is rightly valorised as the bulwark of the Indian system. So when the same farmer finds no light at the end of the tunnel, and chooses to end his life rather than...
Zuckerberg may be on trial in the House of Congress since the tenth of April, however the basis of the accusations laid against him are farcical - this is why. The data that any net user generates via their browsing activity is stored locally in their browser histories, but...
Till 31st March 2018, India witnessed many economy shaping events. InvestXP brings to you, in no particular order, the 10 most impactful events that influenced the market and economy in the financial year 2017-18. Implementation of Goods and Services Tax: After a lot of buzzes, the GST was rolled out...
"Some of the brightest minds in the country can be found on the last benches of the classroom" While the scientist-turned-former President APJ Abdul Kalam quoted his thoughts somewhat like this but he would have been astonished to know had he been alive that of all the illiterate women in...
“India is a poor country” has become a refrain and an excuse for any political, social, and of course, economic shortcomings that we come across. It's also something we at InvestXP have touched upon previously. Why are unemployment and illiteracy rampant? Why is voter bribing and the prevalence of ‘freebies’...