UniBlurb #8

Good morning! and welcome to the eighth edition of UniBlurb - Your Weekly Dose of Management. Today, we will be going over:

#Blackstone’s Bet
#Infosys tax
#Amazon’s packaging study
#Internships, Competitions & Events

MONDAY MOTIVATION

OUR TWO CENTS
Blackstone’s Strategic Bet on India: $25 Billion Investment

Blackstone, the global private equity giant, is making a significant move. They plan to invest an additional $25 billion in Indian assets over the next five years. This decision is not random but is driven by India’s predictable regulatory environment, steady economic growth, and buoyant capital markets. The focus of Blackstone’s investment strategy is on three key areas: digital infrastructure, energy transition, and transportation.

However, every investment comes with its challenges. For Blackstone, it’s the depreciating rupee. As the rupee weakens, Blackstone’s dollar-denominated investments could lose value. But Blackstone remains optimistic about its Indian adventure. So, here’s a thought for you: Is India becoming the new hotspot in global investment? It’s an interesting time for investors, indeed.

OUR TWO CENTS
Infosys: Navigating Tax Structure in India

Infosys, the Bengaluru-based IT maharaja, is poised to receive a staggering Rs 6,329 crore tax refund from the Income Tax Department. But hold your horses, there's a twist! They're also saddled with a tax liability of Rs 2,763 crore. It's like ordering a lavish feast at a wedding, only to discover you've got to pay for the extra gulab jamuns.

Infosys received orders under Section 250 & 254 of the Income Tax Act, 1961 from the Income Tax Department, Government of India for assessment years 07-08 to 15-16, 17-18 & 18-19, As per the orders the Company expects a refund of INR 6,329 crores. Meanwhile, the Company has also received assessment order under Section 143(3) of the Income Tax Act, 1961 for assessment year 22-23 with a tax demand of INR 2,763 crores (including interest).

Infosys's financial statements are doing the cha-cha with these numbers. But hey, it's all part of the corporate tango. So, grab your chai, folks! On April 18, Infosys will unveil its Q4 results and revenue guidance for 2025. Will they moonwalk to success? Stay tuned!

OUR TWO CENTS
Amazon’s Sustainable Packaging Initiative: Less Waste, More Efficiency

Did you know that 69% of Indian adults prefer their online orders without extra delivery packaging? It’s true! In a recent study commissioned by Amazon, the majority of savvy shoppers gave a thumbs-up to minimal packaging. No more drowning in bubble wrap – just the essentials, please!

But wait, there’s more! Amazon’s not just stopping at “less.” They’re aiming for “none.” Yes, you heard it right. The e-commerce giant is teaming up with manufacturers to design packaging that ships safely without the extra paper bags, envelopes, or boxes. It’s like a game of Jenga, but with cardboard – stack it right, and voilà!

And the numbers don’t lie, since 2021, Amazon has reduced orders sent without added delivery packaging by a whopping 83%. That’s less waste, more smiles, and a greener planet. So next time your toilet rolls arrive in a reusable crate, give a nod to Abhinav Singh, Amazon India’s operations VP. He’s on a mission to make packaging disappear – like a magician, minus the top hat.

INDUSTRY CONNECT
Internship opportunities

1. Redrob by McKinley Rice (Pre-Sales Intern)
   
   You will receive comprehensive training throughout the internship journey, ensuring they acquire the necessary skills and knowledge. You’ll delve into the company's core, rotate through divisions, and undertake business projects, all while honing their abilities. Engage with clients, learn internal software, and contribute to performance reports that are integral parts of their development.
   Apply Here!

2. Unstudio.ai (Business Development Intern)
   
   As BD intern, your responsibilities will be reaching out to potential clients across channels, doing demo pitches.
   Apply Here!

3. Enmakk (Customer Relationship Management & Digital Marketing Intern)
   
   You will be managing CRM software, assisting in digital marketing & working on accounting-related assistance.
   Apply Here!

EVENTS ON THE RISE
Best events and competitions in the upcoming week

1. Strategic Trifecta Challenge - Economia’24 (DRC Delhi)
   
   Embark on a strategic journey like never before in the ultimate clash of industries! Join us for Strategic Trifecta Challenge, where savvy minds compete to secure the most sought-after companies from around the world. In this high-stakes competition, each bidding round transforms into a battleground where participants vie for electronic prowess, logistic supremacy, and financial dominance.
   Register Here!

2. EGNITE 5.0 (Motilal Nehru College, Delhi)
   
   Egnite 5.0 isn't just an event; it's a celebration of innovation, creativity, and entrepreneurial spirit. As we gear up for our fifth edition, we invite you to embark on a journey that transcends boundaries and unlocks the potential of every aspiring entrepreneur. Egnite 5.0 promises to be an immersive experience like never before.
   Register Here!

3. Empresa 2024 (Hansraj College, Delhi)
   
   Picture this: a grand celebration filled with thrilling on-campus events, mixed with a dash of the highs and lows that will prepare you for the real world. Yes, my friend, Welcome to Empresa 2024! We bring forth to you a trio of extraordinary events ranging from exhilarating stock market bonanzas to strategic showdowns, each one brimming with its unique allure and excitement, promising to tingle your senses and leave you spellbound. 
   Register Here!