Business & Economy
0 1 min read

Tally Solutions signs deal with Shark Tank BD

block

Business Desk :
Tally Solutions Private Limited, a leading multinational company providing comprehensive Business Management Software for Small and Medium Businesses (SMBs) and startups, has announced its collaboration with Shark Tank Bangladesh as a Co-Sponsor for the inaugural season of the renowned entrepreneurial show in Bangladesh. This partnership underscores Tally Solutions’ commitment to fostering innovation and facilitating the growth of entrepreneurs in the region, said a press release.
Shark Tank Bangladesh, a pioneering platform aimed at showcasing innovative business ideas to potential investors, has garnered significant attention as it makes it’s debut in the country. With Robi as the Title Sponsor and a consortium of esteemed partners including Bongo, Startup Bangladesh, Prime Bank, and others, the show promises to provide aspiring entrepreneurs with invaluable opportunities for mentorship, investment, and exposure.
Speaking on the occasion, Jayati Singh, Chief Marketing Officer of Tally Solutions, expressed enthusiasm about the collaboration, stating, “We are delighted to partner with Shark Tank Bangladesh and are eager to witness the phenomenal business pitches and inspirational entrepreneurial journeys.

block
Related

Tightening of overdue loan classification will strain banks’ profitability: Moody’s

Reuters : Moody’s, the international credit rating agency, on Tuesday said they expected the tightening of overdue recognition for fixed-term loans to result in increases in nonperforming loans and provisions. This, they believe, will strain banks’ profitability in the near term. They made the disclosure in a report released on Tuesday. On 9 April, the Bangladesh Bank finally reinstated its loan classification rule of 2012 by cutting the overdue time of a term loan by three months in line with...

Renata’s profit grows by 21pc in Q3

Business Report : Renata Limited – a manufacturer of pharmaceuticals and animal health products – has reported a 21.4% growth in profit and while its revenue grew by 9% in the January to March quarter of the current fiscal year over the same time of the previous fiscal year. During the Q3, it logged Tk72.62 crore profit, and Tk921.844 crore revenue, according to its consolidated interim financial statements for the nine months. However, its revenue grew by 14% to Tk2781.46...

Stock investors’ capital gains won’t be taxed: BSEC chairman

Business Report : Individual investors’ capital gains from stocks will not be taxed, said Professor Shibli Rubayat Ul Islam, chairman of The Bangladesh Securities and Exchange Commission (BSEC). The International Monetary Fund (IMF) prescription to tax individual investors’ capital gains from listed securities, among many others, would not be possible to implement in the present context of Bangladesh, he said while talking to representatives of the Capital Market Journalists Forum (CMJF) at his office on Tuesday. “I had talks with...