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Switzerland's political establishment was stunned when voters rejected a reform plan that would have brought the country's corporate tax system in line with international standards. The tax reforms, which were widely supported by the business community, would have eliminated a set of special low-tax benefits that had enticed many multinational corporations to establish themselves in Switzerland.

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Vijay Mallya, the owner of Kingfisher, had extensive brewing experience. He has earned the title of "liquor baron." He lacked experience running businesses like airlines, despite his expertise in that field. As a result, he was unable to provide inspirational and effective leadership to the Kingfisher team. He made two crucial decisions within a few years after founding KFA. In this blog, we'll discuss why did kingfisher airlines failed.

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Investors have reacted cautiously to the Adani Group's Rs 31,000 crore open offer for a 26% stake in ACC and Ambuja Cement. According to exchange data, 4,061,184 shares were tendered out of the 48.95 million ACC shares the group offered to buy as of Friday, the last day of the open offer. This represents 8.3% of the shares that were supposed to be tendered. The group paid Rs 934 crore for the shares at an offer price of Rs 2,300. Ambuja Cement received 727,076 shares, accounting for 0.14% of the 516.3 million shares offered with a payout of approximately Rs 27.9 crore.

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