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FINANCIAL LOSSES
The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
Air India plans to downsize with owner Tata balking at lossesAir India is reportedly deferring aircraft deliveries, cutting flights, and postponing expansion plans following instructions from owner Ta...
Hedge funds sold broader tech ahead of SpaceX IPO, JPMorgan data showsBig tech stocks saw significant selling by hedge funds. Some investors bought dips in these companies. Financial sector exchange-traded fun...
SC sets Rs 30,000 monthly income for housewives, calls them 'nation builders'The Supreme Court has declared homemakers as nation builders. Their domestic care work will now be recognized as a separate category for co...
Wealth Wisdom of the day: ‘Big money is not in buying and selling. But in…’ – What you can learn from Charlie Munger’s adviceWarren Buffett's business partner and the longtime Vice Chairman of Berkshire Hathaway - Munger – passed away in November 2023, but his ast...
Jindal Poly Films dispute, India's first class action suit, sent by Supreme Court to arbitrationThe Supreme Court has sent a minority shareholder dispute involving Jindal Poly Films to arbitration. This decision overturns earlier order...
Zee Entertainment shares rise over 3% ahead of FIFA World Cup, Rs 2,300-crore fundraising plansZee Entertainment Enterprises' shares rose after its board approved raising at least Rs 2,300 crore to fund strategic initiatives and bolst...
84% of Indian banking leaders report rising fraud losses, AI-driven threats emerge as major concern: ReportAs artificial intelligence increasingly reshapes the financial sector, Indian banks are facing a sharp rise in fraud-related challenges, wi...
ITR filing 2026: 9 key checks every taxpayer must make for AY 2026–27India's income tax administration has become increasingly data-driven, with information from TDS/TCS reporting, SFT filings and other sourc...
Zee Entertainment to raise $241 million for stategic initiativesZee Entertainment is all set to gather 23 billion rupees to fuel its ambitious business strategies, following a significant win in securing...
Govt extends validity of Credit Guarantee Scheme for Microfinance Institutions upto August 31The Finance Ministry has extended the Credit Guarantee Scheme for Microfinance Institutions-2.0 until August 31, 2026, or until Rs 20,000 c...
Central Bank of India ordered to pay Rs 2.5 lakh compensation to customer for losing original property papersA consumer commission held the Central Bank of India liable for losing a land title deed deposited as collateral for an agricultural loan. ...
Global markets: Australian shares rebound as banks and consumer stocks rallyAustralian shares rebounded on Wednesday, driven by gains in banks and consumer stocks, as softer economic data eased rate hike expectation...
Global Markets: Japan's Nikkei ends higher as chip-related heavyweights jumpThe Nikkei was choppy earlier in the session, inching down as much as 0.16%.
Zepto IPO: 8 things to know about quick commerce giant's Rs 9,500-crore public offerZepto’s Rs 9,500 crore IPO, comprising a fresh issue and offer for sale, is set to attract strong investor interest as the first standalone...
SC ruling seen shaping Sebi’s fraud-finding frameIn a ruling, the apex court had said that investor injury alone can establish fraud, although the loss isn’t quantifiable
In Gurgaon's rent scam, tenants claim losing Rs 70,000 and being thrown out of flat at nightGurgaon tenants faced a financial crisis after a property manager allegedly pocketed their rent and security deposit. The actual owner disc...
NCP (SP) alleges Rs 24,300 crore loss in Maharashtra's Ladki Bahin schemeThe Sharad Pawar-led NCP (SP) has labeled the Mukhyamantri Majhi Ladki Bahin Yojana a major scandal. Over 80 lakh ineligible beneficiaries ...
Coping with a parent’s loss: A 7-step financial checklist every family should follow
‘Everyone expects me to be a winner’: 31-year-old man lost Rs 18 lakh, told no one, not even his wife. Ankur Warikoo shares the storyEntrepreneur Ankur Warikoo shared a poignant story of a 31-year-old man who lost ₹18 lakh trading but told no one, not even his wife. The m...