Shares of India’s NDTV soar as founders plan to sell stake to Adani

Shares of Indian news broadcaster New Delhi Television Ltd rose over 4% on Monday after founders Prannoy Roy and Radhika Roy said they would transfer their 27.26% stake in the company to Adani Group. Following the deal, the Indian conglomerate, led by billionaire Gautam Adani, will control 64.71% of NDTV, while the founders will jointly […]

Bangladesh to start operation from Monday to save tanker filled with 1.1 million liters of oil

Padma Oil’s Barisal depot manager MD Lokman said the vessel was bound for Chandpur after loading 898,000 liters of diesel and 234,000 liters of octane at the Chattogram port. “Some diesel spilled from the sunken tanker. The leak was stopped with the help of the Coast Guard.” KM Shafiul Kinjol, a spokesman for the force, […]

No secretary will be allowed to hold directorship in state owned banks

The ministry has issued this fresh guideline to ensure good governance and smooth management of business activities in state-owned commercial banks, specialized banks, financial institutions in the country. According to the guideline, the approval of the Prime Minister will have to be obtained for the appointment and re-appointment of the chairman in all public sector […]

Bangladesh extends personal income tax return deadline by 1 month

However, amid the recent economic instability, various business organizations had called for an extension of the deadline. The Federation of Bangladesh Chambers of Commerce and Industry submitted their demand to the NBR chairman. On Wednesday, at an event celebrating Income Tax Day, the NBR chairman announced the extension of the deadline that allows taxpayers to […]

Central bank warns e-commerce companies

The central bank of Bangladesh, Bangladesh Bank has warned e-commerce companies about taking customer payments directly to their bank accounts. This warning came amid complaints from some customers that many e-commerce companies are asking customers to pay directly to their bank accounts. Fraudulence in online business has become a concern for Bangladeshi customers in recent […]

E-commerce business is booming during covid-19 pandemic

To prevent the present coronavirus pandemic Bangladesh government has declared general holiday form 26th March, which is extended till 30th May. Some restrictions are lifted recently, markets and shopping malls are opened. But consumers are still preferring online shopping to avoid coronavirus infection, which is an indication that people may continue to buy online in […]

Foreign nationals working in Bangladesh are taking away more than 26,000 crore taka annually – TIB survey

Foreign nationals working in Bangladesh are taking away more than 26,000 crore taka annually – TIB survey Foreign nationals working in Bangladesh are taking away more than 26,000 crore taka annually – it’s the conclusion of a recent survey by Bangladesh branch of civil society organization Transparency International. In a press conference at the capital […]