The government recently released a "draft" National ecommerce policy. While delivering on its promise of bringing a comprehensive regulatory framework to the nascent sector, the policy primarily pushes for the set up a legal and technological framework restricting cross-border data flow.
We discuss some of the key points from the 42 page draft.
Accounting Rants from Warren Buffett's 2018 Shareholder Letter
This week Warren Buffet released the annual letter for Berkshire Hathaway shareholders. The report other than performance metrics, as usual expresses his disdain for accounting gimmicks and the much loved Wall Street concept of "adjusted EBITDA".
We throw some light on the rather amusing letter.
What Bernstein Red-flagged with Regard to Reliance Jio
According to analysts at Sanford C. Bernstein, Reliance Jio could lose as much as $2.1bn this FY.
The research firm alleges that Jio's numbers are dressed up thanks to "non standard" depreciation metrics and handset subsidies sitting elsewhere.
We try to understand where lies the fuss?
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