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NSE IPO: Market dominance vs regulatory risks; what investors should know from the RHPIn its red herring prospectus (RHP), NSE has highlighted its market leadership, scale, profitability, technology infrastructure and cash ge...
NSE IPO set to open for public on September 17; price band at Rs 1,700-1,785The National Stock Exchange of India's IPO opens September 17, closing September 21. Its price band is set between ₹1,700 and ₹1,785 per sh...
Oracle to spend $700 million more on restructuring costs as it ramps up AI spendingIn a bid to enhance its AI capabilities, Oracle has decided to raise restructuring costs by $700 million, making the total amount for its f...
In 2008, Reese Witherspoon bought a 7-acre Ojai ranch for $5.8 million; 6 years later, the property sold for $4.98 million with pastureland, mature oaks and stables thereReese Witherspoon’s former Libbey Ranch in Ojai was a seven-acre property combining historic architecture with extensive grounds and multip...
Selling insurance but not handling customer grievances: IRDAI fines IndusInd Bank Rs 1 crore; here's what policyholders should knowIndusInd Bank faces a Rs 1 crore penalty from IRDAI for failing to provide an adequate, insurance-specific grievance redressal mechanism fo...
Selling gold after price rise: Have you factored in capital gains tax you will have to pay? Know how you will be taxed on selling Rs 10 lakh worth of goldWhen selling old gold jewellery, be aware that it comes with capital gains tax and Goods and Services Tax implications. Long-term capital g...
SBI's 80 paise masterstroke: How NSE IPO could deliver Rs 2,850 crore jackpot and 2,23,025% returnSBI is set to potentially book a massive profit from the NSE IPO by selling up to 1.60 crore shares acquired at a weighted-average cost of ...
In 2005, Ricky Schroder bought a 30-acre Topanga ranch with organic gardens and orchards; 14 years later, the estate sold for $9.3 million after a long family stay thereActor Ricky Schroder and his wife, designer-entrepreneur Andrea Schroder, have sold their longtime Topanga ranch for $9.3 million, records ...
Beyond Los Angeles and Rotterdam: Can Durban, Rio de Janeiro drive India’s next export boom?The South-South trade has crossed $7 trillion, opening new opportunities for Indian exporters across Africa, ASEAN, the Gulf, and Latin Ame...
In 1970, fishing guide Lancelot Jones and his sister-in-law sold more than 277 Florida island acres to the National Park Service for $1.2 million; Jones kept the right to live in his family homeThe Jones family built a remarkable multigenerational history on Porgy Key and Totten Key at the southern end of what is now Biscayne Natio...
US targets Iran’s aviation sector with sanctions on 27 airlines and foreign firmsThe US Treasury sanctioned 27 Iranian airlines and related foreign firms to curb weapons transport and technology access. Meanwhile, Irania...
Can Manipal Payment and Identity Solutions IPO deliver long-term growth for high-risk investors?Manipal Payment and Identity Solutions plans a ₹320 crore fresh issue for capacity expansion. The company's promoter stake will decrease to...
Peerless Roys win 3-decade legal battle for control of 94-year conglomerate after Supreme Court rulingThe Roy family has secured control of the Peerless conglomerate after a long legal dispute. The Supreme Court dismissed a petition, ending ...
Symphony to foray into air-conditioner, BLDC fan, air-purifier segmentsSymphony will enter India’s room air conditioner market from the December quarter, while making a phased foray into BLDC ceiling fans and a...
Tata Power Solaroof crosses 5 lakh rooftop solar installationsTata Power Solaroof has successfully reached a remarkable milestone of over five lakh rooftop solar installations across India. With more t...
A retiree had 800 gallons of maple syrup in the barn. Here’s why selling it may not cut Social Security benefitsA Vermont retiree with 800 gallons of finished maple syrup could sell the inventory after retirement without those sales necessarily counti...
IDBI Bank shares crash 11% amid price concerns as Fairfax deal moves closerIDBI Bank shares fell sharply as investors focused on Fairfax Financial Holdings’ reported Rs 81-per-share offer for a 60.72% controlling s...
Samsung India pays the price of costlier chips with a round of layoffsSamsung India is cutting its workforce in batches. This action stems from pressure on smartphone sales and profit margins. Memory chip pric...
Supreme Court dismisses Rs 363 crore GST demand against Vodafone Idea on tower business saleThe Supreme Court dismissed the government's GST demand against Vodafone Idea. This demand related to the sale of Vodafone Mobile Services'...
Microsoft reveals Azure cloud sales in financial reporting shiftMicrosoft said that Azure had $29.4 billion in sales in its most recently ended quarter and $101.9 billion in sales in its most recent fi...