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Thieves make off with rare Pokémon and sports cards worth nearly $1 million from FedEx truck in Southern CaliforniaNearly $1 million worth of trading cards, including Pokémon and sports cards, were stolen from a FedEx truck. The theft occurred in Souther...
LTTS reports 67% net profit surge to Rs 548.2 crore, driven by SWC businessThe Pune-headquartered company booked a capital gain of Rs 165 crore from the SWC divestment. Profit from continuing operations rose about ...
Piramal Finance Q2 net profit soars 67% to Rs 545 crorePiramal Finance’s assets under management grew 24% to Rs 1.13 lakh crore, led by a 30% rise in retail AUM. Net interest income increased 35...
IDBI Bank sale to Fairfax enters final lap, RBI nod now key: DIPAMThe strategic sale of IDBI Bank to Canada’s Fairfax Financial Holdings is expected to be completed by the end of FY27, subject to RBI appro...
Canada's Warren Buffett bets his billions on India. What does he see?Prem Watsa’s Fairfax Financial will acquire a 60.72% stake in IDBI Bank for Rs 52,878 crore, marking India’s largest cross-border banking d...
South film producers in thrall to streaming dealsJailer 2, a film starring Rajinikanth, has not been released in major Hindi theaters due to a disagreement. The producer declined to extend...
County councilor ordered to repay $5,700 to her tenant after nearly doubling monthly rent from $727 to $1,678Rita McInerney, a councilor in Clare County, has been directed to repay $5,700 to her tenant Bartosz Milinsk. The tenant challenged a signi...
ICICI Bank profit spurts 20% on NII; core profitability a tad lower on FCNR(B)ICICI Bank reported a 20% rise in second-quarter net profit, helped by an 18% increase in core net interest income. However, core profitabi...
HDFC Bank PAT ticks up 5% amid pressureHDFC Bank reported a 4.7% rise in standalone net profit for the second quarter, while margin pressure weighed on core profitability. Net in...
In 2016, ‘Porcelain’ musician Moby bought a 1920s Los Angeles home for $3.4 million, renovated it, and sold it two years later for $4.91 million, a $1.51 million price increaseMoby's profitable house flip illustrates the allure of real estate investment in today's market conditions. His renovation efforts yielded ...
Fairfax must merge CSB or exit one bank within 2 years: DIPAM Secy Arunish ChawlaThe Cabinet Committee on Economic Affairs has approved Fairfax Financial Holdings' acquisition of a majority stake in IDBI Bank. The next s...
Tata Communications Q2 results: Net profit jumps 86% YoY to Rs 341 crore; revenue rises 10%Tata Communications reported an 86.3% year-on-year jump in consolidated net profit to Rs 341 crore in Q2FY27, while revenue rose 9.6% to Rs...
Reliance Jio IPO at Rs 10 lakh crore valuation: What analysts see in the price bandReliance Jio has announced its IPO price range, setting it between Rs 1,065 and Rs 1,119 per share. With a massive valuation of around Rs 1...
Sebi confirms interim curbs on Rajesh Exports, says financial disclosure concerns remain unresolvedSebi has confirmed interim restrictions on Rajesh Exports and promoter Rajesh Mehta, citing unresolved concerns over financial disclosures,...
Jio announces price band for over Rs 30,000 crore IPO. Check key dates, GMP and other detailsJio has set the price band for its much-awaited IPO at Rs 1,065-1,119 per share. At the lower end of the price band, Jio Platforms could ra...
Cisco bullish on India, to expand chip design team, says CEO Chuck RobbinsCisco's leadership is focusing on expanding its silicon design team in India due to available talent. The company has successfully implemen...
Man earns Rs 75 lakh by redeveloping property inherited from mother, pays no income tax, receives notice, wins case in ITAT DelhiProperty owner inherits mother’s land, converts it into freehold, DDA grants mutation, redevelops it, gets Rs 75 lakh from builder, pays no...
5 years, no returns: Are these 9 Nifty bluechip stocks finally ready for a turnaround?Investors are witnessing notable losses in well-known blue-chip stocks such as TCS, Infosys, and Hindustan Unilever. These major players ar...
In 1942, a woman inherited property worth $33,650, its value rose to $95,000, then a mother-son ownership arrangement triggered a US estate-tax disputeThe dispute reached the US Court of Appeals for the Fourth Circuit, which ruled on November 1, 1967, in favour of the Internal Revenue Serv...
Sensex falls 500 points, Nifty below 22,400. What can trigger a sharp rally on Dalal Street?The Indian stock market has encountered a setback following a brief recovery, influenced by external dynamics and investor sentiment. Both ...