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The market capitalization of BSE-listed companies soared past ₹400 lakh crore, marking a historic milestone propelled by robust domestic fund inflows, with the Sensex edging closer to the 75,000 mark. Within just nine months, the market added the last ₹100 lakh crore, fueled by enthusiastic investments from local investors. Back on July 5, 2023, the

A licensee is an entity, person, or company given authorization by another entity, person, or company to use an asset that the potential licensee wants to use. When providing a licensee with a license to use a product or asset that they own, the licensor will often be paid a fee to reimburse them for the trouble. 

Clawback is a provision under which money that’s already been paid out must be returned to the employer or the firm. This is a special contractual clause, used mostly in financial firms, for money paid for services to be returned under special circumstances or events as stated in the contract. Clawbacks involve a penalty, making

dynamic business landscape, companies are continually seeking innovative ways to optimize their production processes. One such strategy that has gained remarkable popularity in recent years is contract manufacturing. This business practice allows businesses to collaborate with specialized contract manufacturers to produce goods, components, or products. In this article, we will explore the essential aspects of

Retail describes the sale of a product or service to an individual consumer for personal use. Retail transactions occur through different sales channels, such as online, in a brick-and-mortar storefront, in direct sales, or via mail. The defining feature of a retail transaction is that the end user is the buyer. What is retail? This

In the supply chain, before a product reaches to end customers, it will first reach at least three stakeholders: a manufacturing company or a national supplier, distributor, and retailer. The sales transactions from each level of stakeholders have different names: primary, secondary, and tertiary sales. Primary Sales Primary sales refer to sales from the first

A money lender is someone who lends small amounts of money at a higher rate of interest. The reason for charging higher rates of interest is that the money lender faces a higher risk of default than normal banks due to various reasons. People who are desperately in need of money but at the same time