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VALUE OF SECURITY
Moonshot AI closes $3.5 billion funding round to hit $35 billion valuationThe Beijing-based startup managed to secure far more than the $1 billion to $2 billion it initially targeted, people familiar with the matt...- Inox Wind bags Rs 1,600 crore NLC India order for 200-MW projectInox Wind has secured a significant 200 MW order from NLC India Limited. This substantial project is valued at approximately Rs 1,600 crore...
- Best German proverb of the day: “Better a sparrow in the hand than a dove on the roof” A life lesson on valuing certainty over uncertain opportunitiesBest German proverb of the day: A German proverb advises valuing a sure thing over potential gains. It highlights the importance of appreci...
- A man loved to buy new cars. But his wife found a trick to stop him and save money. Actor Madhavan was left amazedDuring an interview with R Madhavan, banker Sarthak Ahuja explained how men and women often approach money differently. He shared a client’...
- Atomberg engineering arm eyes funding ahead of parent’s Rs 2,000-crore IPOAtomberg Technologies' engineering arm is raising funds while the parent company plans an initial public offering. This move follows delibe...
- Bitcoin miner and AI firm Ionic Digital valued at $2.25 billion in Nasdaq debutShares of the company, which went public through direct listing, opened at $50 apiece, down nearly 5.7% from a reference price of $53 set b...
- Indus Towers’ Africa foray on track, operations to start in September quarterIndus Towers is launching its Africa expansion in September after securing necessary approvals. The company sees this as its largest growth...
- L&T Q1 Results: Net profit rises 14% YoY to Rs 4,123 crore, revenue up 7%L&T Q1 Results: Larsen & Toubro (L&T) on Tuesday reported a consolidated net profit of Rs 4,123 crore for the April-June quarter of the ong...
- Vedanta Aluminium shares in a sweet spot, says ICICI Securities; initiates coverage with Buy ratingICICI Securities has initiated coverage on Vedanta Aluminium Metal (VAML) with a 'Buy' rating and a target price of Rs 520, implying over 1...
- MV Electrosystems IPO to open on July 30; sets price band at Rs 400-425 per shareMV Electrosystems has fixed the price band for its Rs 290 crore IPO at Rs 400-425 per share. The issue, opening on July 30, will fund worki...
- Govt approves RBI's trials of ₹10, ₹20 polymer notes; no plan to replace paper currencyThe government has approved the Reserve Bank of India's proposal for polymer banknotes. One billion pieces each of ten and twenty rupee pol...
- Moroccan proverb of the day: 'Little and lasting is better than...' Timeless lesson that teaches why slow, steady success always beats short-lived gainsMoroccan Proverb of the Day: Moroccan proverbs emphasise that lasting value is far more rewarding than fleeting abundance. They remind us t...
- EPF vs mutual funds: Which is better for retirement? EPFO compares returns, tax, pension benefits and riskThe Employees Provident Fund offers retirement security and employer contributions. Mutual funds are voluntary investments with market-link...
- Buy, Sell or Hold: Anand Rathi maintains buy on Bansal Wire; Equirus Securities recommends buy on Greenply IndustriesAnand Rathi and Equirus Securities remain bullish on select stocks with strong earnings visibility. Anand Rathi maintained a 'Buy' on Bansa...
- Bain Capital in advanced talks for 25% stake in IndusInd Insurance, marking its first India insurance betBain Capital is nearing a deal to buy a significant stake in IndusInd General Insurance. This acquisition could value the insurer at over s...
- Are gifts given to NRIs by relatives taxable? Here's what you need to know about income tax and FEMA rulesNRIs receiving gifts from resident Indians face varying tax implications. Gifts from specified relatives are fully exempt from Indian incom...
- Indian Army, Assam Rifles, Manipur Police apprehend senior United Kuki National Army cadreIn a major operation, security forces successfully captured a top ranking member of the United Kuki National Army, identified as the Financ...
- Sebi introduces fast-track process for securities transmissionSebi has revised the securities transmission framework for investors. A fast-track mechanism is introduced for small-value claims. Document...
- Best Italian Proverb of the Day: “Money doesn’t grow on...” — Inspiring lessons for financial wisdom and life stabilityThe Italian proverb 'Money doesn't grow on trees' teaches financial prudence and resourcefulness. This timeless saying emphasizes that earn...
- NCLT approves Aspect JV's resolution plan for Radius & Deserve Land DevelopersThe NCLT approved Aspect Group's resolution plan for Radius & Deserve Land Developers. This approval concludes the company's corporate inso...
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